IEA Sees ‘Dramatic Reduction’ in Global Oil Inventories
The International Energy Agency now expects a "dramatic reduction" in the growth of oil stockpiles in the second half of this year.
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Bernstein Wants Clients Buying Several Top MLPs
24/7 Wall St. wanted to cover some of these main MLP calls from Bernstein with Outperform ratings.
Crude Oil Price Jumps Sharply on Surprise Inventory Drawdown
U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
Short Interest Remains Mixed on Major Oil
The short interest data have been released for the April 29 settlement date, and short interest for the selected oil stocks was ultimately mixed.
Did Short Sellers Shy Away From Solar Stocks Too Soon?
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on April 29.
5 Analysts Slash SolarCity Price Targets
These are tough times for the solar PV industry. SunEdison has filed for bankruptcy and China’s Yingli is struggling. And it’s these tough times that caused investors and analysts to abandon SolarCity Corp. (NASDAQ:…
EIA Raises Summer Gasoline Price Estimate by 8%
Despite recent price increases for both WTI and Brent crude oil, global inventories are expected to rise by an average of 900,000 barrels a day in the second and third quarters of 2016.
SolarEdge Sinks Despite Earnings Beat
SolarEdge Technologies reported better-than-expected fiscal third-quarter financial results after the markets closed on Monday.
RBC Has 4 Stable Oil Service Stocks to Buy Now
Keeping with more conservative large cap sector leaders makes sense for investors looking to add some oil services exposure to their portfolios.
Gas Prices Near $3 in Large California Cities
As hope falters there will be an agreement among large oil-exporting countries that would drop production below current levels, gas prices in more of California will be $3 soon.
SolarCity Posts Larger Loss, Forecasts More to Come
SolarCity Corp. (NASDAQ: SCTY) reported first-quarter 2016 results after markets closed Monday afternoon. For the quarter, the solar PV installer posted an adjusted diluted net loss per share of $2.56 on revenues of $122.6…
Gas Prices Stop Rising
The national average price for a gallon of regular gasoline has dropped nearly two cents in the past week and the most expensive gas is in San Francisco.
Only 6 States Have Gas Prices Below $2
As oil prices rise, and the national average for a gallon of regular gasoline reaches $2.21, only six states still have gas prices below $2.
3 Quality MLPs to Buy With Safe Distributions of 6% or More
All three of these top picks make good sense for investors looking to play a second half 2016 and 2017 oil sector rebound.
Analysts Make Big Changes on Weatherford
If there was any good news for Weatherford's first quarter it was that the company was able to achieve a better financial footing.