Short Sellers Avoid Solar, Jump on Some Alt Energy Stocks
Short sellers reduced their positions in solar stocks while jumping in with both feet on some struggling alt energy issues.
Short sellers reduced their positions in solar stocks while jumping in with both feet on some struggling alt energy issues.
Three of six energy stocks we track saw short interest drop by double digits just ahead of the drone attack on the Saudi oil processing plants.
Exxon and Chevron have filed for hundreds of new drilling permits in the Permian Basin so far this year. Are the majors about to squeeze the independents out of the country's most productive oil…
The energy sector has drastically underperformed in 2019, and with geopolitical turbulence swirling in the Middle East, there could be huge value in owning stocks that are somewhat protected from the kind of interruptions…
The Three Mile Island nuclear power plant closes Friday, 41 years after a partial meltdown in one of the plant's reactors.
Bloom Energy was the target of a short seller earlier this week and the fuel cell company's stock dropped by about 20%. A JPMorgan analyst gave the company some help Thursday and shares have…
The U.S. stockpile of crude oil rose by 1.1 million barrels last week, the first gain in five weeks. Hopes for a quick recovery in Saudi Arabian production also have been raised.
The last massive release of crude from the U.S. Strategic Petroleum Reserve was in 1991, when conflicts in the Middle East disrupted the oil markets. That may happen again in the coming weeks if…
Few economists believe the global economy is growing or will grow soon, at least at a healthy level. High oil prices only make the dicey situation that is the global economy worse.
The drone attack on Saudi Arabia's Abqaiq facility has pushed share prices of U.S. oil and gas companies up sharply. The gains are unlikely to last
Is it unimaginable that oil prices could reach $100 a barrel? No. Crude prices reached that point just over a decade ago.
Short interest in oil and gas stocks mostly decreased in the period ended August 30.
The surge in U.S. production and the politics of OPEC finances have allowed America to move ahead of Saudi Arabia to become the world's largest oil exporter.
OPEC crude oil sold for a sharply lower price in August and the cartel has now revised downward most of its projections for growth in both 2019 and 2020.
Kinder Morgan traded lower on Tuesday after an analyst downgrade added pressure on the shares.