The third fiscal quarter report from Energy Conversion Devices, Inc. (NASDAQ:ENER) showed EPS of $0.03, down from $0.17 in the same period a year ago and $0.33 sequentially, but above analysts’ estimates of $0.02.…
Baker Hughes Inc. (NYSE: BHI) has just filed a new shelf registration statement with the SEC to sell up to $2 billion in mixed securities. As with most shelf registrations, no underwriters were named…
The solar power business has had its ups and downs, with the downs prevailing lately. Even meeting the modest EPS expectation of $0.09 for the current quarter might be challenging for Energy Conversion Devices,…
Clean Energy Fuels Corp. (Nasdaq: CLNE) is adding more natural gas fueling stations. The Pickens-backed business is acquiring the natural gas fueling station business of Exterran Holdings, Inc. (NYSE: EXH), including natural gas station…
For the last several months, oil prices have been a bright spot in the economic picture. Most analysts believe that the recession would have been even worse than it is if oil prices had…
Japan’s Nikkei newspaper has reported that Exxon Mobil Corporation (NYSE:XOM) has reach an agreement to sell about 1.5 billion cubic meters/year of natural gas from the Sakhalin-1 project to Russia’s gas monopoly Gazprom. Exxon…
Holly Corporation (NYSE:HOC) this morning reported EPS of $0.44 on first quarter 2009 revenue of $650.8 million. Analysts had expected EPS of $0.30 on revenuesof $590.48 million. For the same period last year, Holly…
Baker Hughes Incorporated (NYSE: BHI) has announced its monthly rig counts for the month of April on the domestic and on a global basis. The good news is that the rate at which the…
The weekly oil inventories are still building by the Department of Energy’s count. Last week we saw a build of 600,000 barrels of crude to 375.3 million barrels and distillates grew by 2.4 million…
The world’s largest offshore driller, Transocean Ltd. (NYSE:RIG), reported first quarter 2009 EPS of $2.93 on net income of $942 million and revenue of $3.12 billion. In the first quarter of 2008, Transocean reported…
We are starting to see more and more of the second-tier and third-tier energy players and oil and gas players either file for secondary offerings or actually sell shares in public offerings. Delta Petroleum…
Three companies representing three distinct areas of the oil business have reported earnings and the surprise to many will be that the refiner put up the best numbers. Western Refining Inc. (NYSE:WNR) reported EPS…
Capstone Turbine Corporation (NASDAQ:CPST) has agreed to sell 14.45 million units comprised of one share of common stock and one warrant to purchase an additional 0.75 of a share of common stock. The company…
PV solar maker Canadian Solar Inc. (NASDAQ:CSIQ) has completed a new sales agreement with a Korean integrator calling for delivery of an additional 5 megawatts in 2009. The deal adds to the 3 megawatts…
Baker Hughes Inc. (NYSE: BHI) has released the weekly rig counts. The bad news is that these rig counts are still declining. The good news is that this really appears to be stabilizing at…