So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and Tesoro Corp.…
Crude oil refining doesn’t get much respect. The business is cyclical to the point of fickleness and it is often a drag on the profits of integrated oil & gas companies. Maybe that’s why…
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should cost $15/thousand…
A new initial public offering being filed by a Houston-based company called Sanchez Energy Corporation may not garner much interest all on its own. Not until investors realize that this is a company that…
What would become Lee is currently posing a threat the entire Gulf Coast again in the Gulf of Mexico. The East Cost just had to deal with Irene and is now looking out toward…
The month of August was hard on US solar makers. Evergreen Solar closed its doors a few weeks ago, followed by privately held and Intel Corp.-supported (NASDAQ: INTC) SpectraWatt, Inc. a few days later.…
Get ready for massively larger new wind turbines… Currently available wind turbines for land-based wind farms typically generate between 1.5 and 3 megawatts. Most include a gearbox to transfer the power of the spinning…
Figuring out how much oil is left in the world and where it is located seems more important than ever, especially considering the political instability in many of the oil-producing countries. 24/7 Wall St.…
None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported a loss…
Russian oil giant Rosneft and US oil supermajor Exxon Mobil Corp. (NYSE: XOM) are reported to have reached an agreement that will give Exxon access to oil deposits off the Arctic coast of Russia…
About 10 days ago, LDK Solar Co. Ltd. (NYSE: LDK) lowered its guidance for the second quarter, and this morning the bad news became official. If anything, it’s even worse than expected. Revenue for…
Dynamic Offshore Resources Inc. is going to be an interesting IPO to watch. The company is a private oil and gas company that has received financial backing from Carlyle Group and Riverstone Holdings. The…
Many investors may not know what IDT Corporation (NYSE: IDT) unless they have been around for years and years. The company has three units: Telecom Platform Services, Consumer Phone Services, and Genie Energy. Most…
For the past two years or so T. Boone Pickens has been telling anyone who will listen of the benefits of substituting natural gas for gasoline and diesel fuel. Pickens owns about 28% of…
While corporate insiders sell shares for all sorts of reasons, there is usually just one reason for insiders to buy: they think the stock price will rise. That belief typically lights a fire under…