Energy

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Cramer Breaking Wind Power Analysis (TRN, OTTR)

On tonight’s MAD MONEY on CNBC, Jim Cramer continued his GREEN WEEK stock picks. Tonight he wanted to cover the buy on weakness for these stocks and tonight he covered wind power stocks. He…

Douglas A. McIntyre · 18 years ago

CIBC: Oil At $200 By 2010

One Wall St. analyst is forecasting that oil will go for $200 a barrel by 2010. According to The Financial Post "Jeff Rubin, chief economist at CIBC World Markets says oil production will barely…

Douglas A. McIntyre · 18 years ago

Cramer Takes His Gas To El Paso & Nabors (EP, NBR)

In light of EARTH DAY, Jim Cramer came on MAD MONEY on CNBC with a natural gas pick tonight.  His pick tonight is El Paso Corp. (NYSE: EP) which is the largest domestic natural…

Douglas A. McIntyre · 18 years ago

Plug Power Backer Files To Unplug (PLUG)

Plug Power Inc. (NASDAQ: PLUG) has just filed a shelf registration for a secondary offering of 39.5 million shares of common stock.  Based on recent prices that translates to a $135+ million offering, and…

Douglas A. McIntyre · 18 years ago

OPEC Could Increase Production 5 Million Barrels A Day By 2012

AFP is reporting today that OPEC’s secretary general, Abdalla Salem El-Badri, has stated that the cartel "plans to lift production capacity by five million b/d by 2012." El-Badri’s also noted that OPEC planned to…

Douglas A. McIntyre · 18 years ago

As OPEC Holds Production, Oil Moves Toward $150

Whenever the ministers to OPEC are asked if there is any chance they will raise oil production, the answer is "no." Yesterday, the president of the cartel, Chakib Khelil, said “Any increase in production…

Douglas A. McIntyre · 18 years ago

Teekay LNG Partners Slides on Offering (TGP, TK)

Teekay LNG Partners (NYSE: TGP) priced its follow-on offering of 5million common shares at $28.75 each. The $143 million offering will be used torepay outstanding balances on a revolving credit facility that funded vesselacquisitions.…

Douglas A. McIntyre · 18 years ago

Cheniere Energy Sees The Triple Whammy (LNG, CQP)

On Monday, Don Turkleson, SVP & CFO of Cheniere Energy inc. (AMEX: LNG) owned 573,163 shares of common stock in the company. As of now, he owns 147,063. He sold 426,100 shares for what…

Douglas A. McIntyre · 18 years ago

As Natural Gas Rises, So Do The Fed’s Problems

The Wall Street Journal was good enough to point out that the price of natural gas in the US is up 93% since last August. Part of the reason is international demand. The paper…

Douglas A. McIntyre · 18 years ago