Get Ready for $2 Gas
The average price of a gallon of regular gas has dropped recently and may be well below $2 within a few weeks.
Energy
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Russia Reportedly Rejects Further OPEC-Backed Oil Production Cuts
OPEC and its non-OPEC members (OPEC+) have failed to agree on further cuts to oil production as a response to the slowdown in the global economy due to the coronavirus outbreak. Russia now looks…
Exxon Mobil Investors Want More Cash, Not More Spending
Exxon Mobil told investors Thursday that it plans to keep investing in exploration and discovery. Investors and analysts were not amused.
Wall Street Sees Even More Pressure Ahead on Oil and Gas Giants, With or Without the 2020 Elections
The stock market has been unforgiving to the oil sector so far in 2020. Many investors are puzzled by the lack of interest and outright disdain that the stock market has for the top…
Coronavirus And $2 Gas
It is hard to imagine any positive aspect of the coronavirus which is taking lives, roughing up markets, and pushing parts of the world toward recession. However, the drop in oil prices will steepen…
Is the Murkowski-Manchin Energy Bill Good, or Just Better Than Nothing?
New building efficiency programs, more investment in nuclear energy and grid modernization are all included in the new American Energy Innovation Act. It is good enough?
Short Interest in Solar, Alt Energy Stocks Mixed as Some Share Prices Soar
Short interest was mixed on solar and alt energy stocks in the two-week reporting period ended February 14.
Short Sellers Mixed on Oil Stocks Ahead of Jump in Coronavirus Concerns
Short interest in oil and gas stocks was mixed in the reporting period that ended February 14. Crude prices did not begin to tumble until a week later, however.
Sunnova Energy Gets a Sunnier Outlook From Wall Street
Since its recent earnings report and guidance update, two analysts so far have raised their Sunnova Energy target prices handily.
How the Oil and Gas Industry Buys Members of Congress
Oil and gas companies' contributions to members of Congress and congressional candidates have more than doubled since 2010. Are the companies getting their money's worth? Yes, and new research shows how.
Energy Sector Led Monday’s Plunge
The energy sector dropped more than 4.5% Monday to continue its slide since the beginning of the year.
The Rise of First Solar on an Awful Day Has Wall Street to Thank
It may sound impressive for a speculative solar power stock to be up on a day that the Dow Jones industrials and the S&P 500 were down sharply, but that was the case for…
Energy Sector Continues Getting Hammered by Coronavirus Spread
The impact of the spreading coronavirus has hit the energy sector particularly hard. Here are some of Monday's biggest losers.
As First Solar Stock Tanks, Peers Follow
First Solar's poor quarterly results are dragging down its peers as well. The same thing happened when SunPower announced it was splitting into two pieces. The company's stock recovered. Will First Solar's?
Why Investors Are Throwing Shade on First Solar Stock
Solar energy company First Solar reported quarterly and full-year earnings after markets closed Thursday that were sharply lower than analysts were looking for, even excluding a $360 million litigation loss.