Energy

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Value Vs. Growth Issues of SunPower (SPWR)

SunPower Corporation (NASDAQ: SPWR) is under a tremendous amount of pressure so far after the company posted earnings that were above expectations.  The solar giant beat EPS targets by $0.10 with $0.61 EPS and…

Douglas A. McIntyre · 18 years ago

Canadian Solar Secondary Pricing Pressures Stock (CSIQ)

Canadian Solar Inc. (NASDAQ: CSIQ) has priced its follow-on secondary offering of 3,500,000 common shares at $34.00 per share. Deutsche Bank and Piper Jaffray are the joint book-runners for the Offering.  The underwriters have…

Douglas A. McIntyre · 18 years ago

Shell Invests Further in Cellulosic Ethanol (RDS-A) (RDS-B)

Royal Dutch Shell plc (NYSE: RDS-B) and Iogen Corporation announced Tuesday an extended commercial alliance that will accelerate their development and deployment of cellulosic ethanol. This includes a significant investment by Shell in technology…

Douglas A. McIntyre · 18 years ago

Merrill Lynch: Commodities May Have Peaked (MER)

If you have been worried about inflation and the price of things such as metals, energy, food, and more, Merrill Lynch (NYSE: MER) may have some hopes for you.  In fact, if you have…

Douglas A. McIntyre · 18 years ago

Barrick Gold’s Energy Hedge: Buy an Oil Company (ABX)

With energy prices on a seemingly never-ending upward trend, it makes sense to hedge against future price increases in any available manner. Barrick Gold Corp. (NYSE:ABX) proposed to do just that by offering C$6.00/share…

Douglas A. McIntyre · 18 years ago

Trina Solar Files Securities Shelf (TSL)

Trina Solar Limited (NYSE: TSL) has filed a mixed securities open shelf registration to allow it to raise capital in the near future if it desires.  The company has listed that it may sell…

Douglas A. McIntyre · 18 years ago

Evergreen Solar Scores Another Major Contract (ESLR)

Evergreen Solar, Inc. (NASDAQ: ESLR) has signed a new long-term sales contract of roughly $1.2 Billion with IBC SOLAR AG in Germany. This contract runs through 2013 and brings Evergreen’s total contractual backlog to…

Douglas A. McIntyre · 18 years ago

The Price Of Oil: A Strike In Brazil

Workers for Petrobas, the largest oil company in Brazil, are going on strike. According to Bloomberg, the action may cut Brazilian daily oil output by more than half. In a world where even the…

Douglas A. McIntyre · 18 years ago

Oil Hits Record At $146, Chances Of Deep Recession Grow

The price of oil hit $146 today on fears of instability in Iran, Nigeria, and production problems in Brazil. If oil stays at this level, the price of gas is likely to move closer…

Douglas A. McIntyre · 18 years ago

Marathon Shows Refining is Still Reeling (MRO, TSO, VLO)

Marathon Oil (NYSE:MRO) stock is indicated lower this morning in pre-open trading following release of the company’s interim update for the second quarter.  Shares of Tesoro Corp. (NYSE: TSO) and Valero Corp. (NYSE: VLO)…

Douglas A. McIntyre · 18 years ago

TransCanada Proceeds With Maine Wind Power Project (TRP)

TransCanada Corporation (NYSE: TRP) has announced that its Kibby Wind Power Project has received a final and unanimous approval for its development plans from Maine’s Land Use Regulation Commission. The company has said that…

Douglas A. McIntyre · 18 years ago

Did Ken Heebner Go Mega-Bullish? (PBR, SLB)

Today we got to see Ken Heebner of CGM Funds for a quick interview on CNBC.  For those of you who follow Mr. Heebner, you already know that he is deemed by most as…

Douglas A. McIntyre · 18 years ago