Capstone Turbine Corporation (NASDAQ:CPST) has pulled somewhat of an about-face. The company has registered 21,485,660 shares of common stock and warrants to purchase an additional 6,445,698 shares of common stock in a secondary offering. …
VeraSun Energy (NYSE: VSE) is about to get pounced this morning. Last night, the ethanol producer announced that it now expected a quarterly loss. Analysts are looking for -$0.02 per share loss before the…
Ken Heebner of the CGM Focus Fund (CGMFX) has made a game-changing move in his portfolio. In a CNBC interview with Erin Burnett, Heenber was asked about his positions in two key stocks in…
Oil has hit a point where many analysts believe that it could move below $90 and stay there. If this were to happen, the boon to the economy should be considerable. Lower oil prices…
The effects of Hurricane Ike on the Gulf Coast are still being sorted out, but, so far reported infrastructure damage is light. That may change as producers, refiners, and pipeline operators begin more detailed…
Power off and on. Downtown has some. Winds are side-way. Branches are flying through the air. Jon Ogg reported live from our Houston bureau described a storm which is as bad as it could…
Oil refiners have had a very tough year. Since January, Marathon’s (NYSE:MRO) stock is off nearly 30%, Valero (NYSE:VLO) has plunged more than 50%, and Tesoro (NYSE:TSO) is off more than 60%. All got…
Many traders and short sellers have loved targeting solar power and other alternative energy stocks. What is interesting is that the bets against these companies did not show a larger increase since many of…
Saudi Arabia walked out on OPEC yesterday. It said it would not honor the cartel’s production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran.…
Less than a month ago, we published a story on oilfield services companies and how their stocks had fallen along with the price of crude. Their stocks should be doing better considering the services…
The Las Vegas odds were 10-to-1 that OPEC would keep production level. A lot of gamblers lost money. The cartel cut daily production by 520,000 barrels a day to 28.8 million. While oil prices…
CNBC’s Maria Bartoromo interviewed oil magnate and billionaire T. Boone Pickens late this afternoon. Pickens noted that there is likely to be a demand increase if oil goes under $100, bue he doesn’t expect…
Before thinking oil is cheap again, don’t get too excited. In electronic trading there was a print showing Brent Sea Crude back under $100.00 per barrel. While it was for a full barrel rather…
There were some interesting comments out of 3M Co. (NYSE: MMM) where CEO George Buckley was speaking to institutional investors and investment analysts about the company’s core business operations. One area that may represent…
Exploration and production companies have been loading up on natural gas assets in the US for the past several years, and now it looks like that might not have been the best thing they…