A year ago, shares of BP plc (NYSE: BP) closed near $41. Yesterday the shares closed near $42, about 15% below the stock’s 52-week high. When the company reported third quarter earnings last night,…
About a month and a half ago, we looked at several solar stocks to try to determine if there happened to be a good value play in the sector. Given the significant drop in…
The blossoming trade war with China has just been warmed-up a notch. Led by a German solar PV maker with operations in the US, seven US-based companies have filed a trade case with the…
Following last year’s disaster in the Gulf of Mexico, oil drillers and field services companies watched their shares fall more than -20% in most cases as prospects for exploration and production dropped. Stock prices…
Large US oil companies have had a good year. Not the best ever, but good nonetheless on high prices for crude oil. The big reason for solid profits has been the differential between the…
The energy complex in America was given a huge boost on Monday on the news that Kinder Morgan Inc. (NYSE: KMI) was doing a record transaction to acquire El Paso Corporation (NYSE: EP). What…
Ever the consummate pitchman, Chesapeake Energy (NYSE: CHK) Chairman and CEO Aubrey McClendon has promulgated in print and on television that its Utica Shale strike will be the catalyst to higher stock prices. For…
Lost to some who saw the announcement that BP (NYSE: BP) had settled claims with Anadarko (NYSE: APC) over the Deepwater Horizon explosion and subsequent leak was the fact that the UK-based oil giant will no longer have…
First Solar, Inc. (NASDAQ: FSLR) is supposed to be the best of the best of all U.S.-based solar companies. It is the leader and is supposed to cross the $1 billion threshold for quarterly…
Carl Icahn was on CNBC this afternoon talking up his position gains from the El Paso Corporation (NYSE: EP). The CNBC team asked him point blank if Icahn was targeting or if he had…
Over the weekend, pipeline company Kinder Morgan, Inc. (NYSE: KMI) announced that it would pay approximately $21.1 billion in cash and stock for El Paso Corp. (NYSE: EP) and El Paso Pipeline Partners L.P.…
Responsibility is going to get spread around for the explosion of the Deepwater Horizon that killed 11 people and poured millions of barrels of oil into the Gulf of Mexico last year. The US…
ChartIt is hard to understand why General Motors (NYSE: GM) would continue to punish itself by moving further into the electric car market. Sales of its Chevy Volt have been a few hundred per…
n the wake of its recent decision to cancel its natural gas contracts with Russia’s state company Gazprom, the Turkish government is considering its energy import options. Black Sea Energy and Economic Forum director…
Crude oil prices rose about 3% yesterday primarily on the news that the France and Germany would do something to shore up their banks. Equities also rose by about the same amount, with the…