Energy

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LDK Beats & Softness Ignored (LDK)

Maybe a day makes all the difference world, at least with a hi-beta stock like LDK Solar Co. (NYSE: LDK) after a more than 50% haircut. LDK Solar posted earnings of $0.44 EPS on…

Douglas A. McIntyre · 19 years ago

OPEC Sends Big Oil Companies Back To The Field (XOM)(BP)

One of the solutions for fighting the high price of oil is to increase the supply. That seems simple enough, but it is expensive, at least for oil companies. OPEC is not lowering prices…

Douglas A. McIntyre · 19 years ago

Capstone Continues Order Receipts (CPST)

Capstone Turbine Corp. (NASDAQ: CPST) keeps on delivering new orders.  Now that the company is at the revenue stage, it keeps winning orders.  After today’s close, the company announced that it has received an…

Douglas A. McIntyre · 19 years ago

Goldman Sachs Sees Gold in Offshore Drillers (DO, PDE, RIG)

Goldman Sachs has said enough is enough in oil drillers.  The firm is suggesting that investors take advantage of recent weakness seen in the offshore oil drillers. Its two Buy-rated picks in the call…

Douglas A. McIntyre · 19 years ago

Goldman Sachs Pans Coal (ACI, FCL, ICO, BTU, MEE, CNX)

Goldman Sachs has downgraded its coverage in Coal Stocks this morning.   Goldman Sachs is basing this partly on the 30% gains seen, and valuations are stretched. There were several downgraded from a Neutral rating…

Douglas A. McIntyre · 19 years ago

Cramer’s Big Pipe Hit (WG)

On tonight’s MAD MONEY on CNBC, Jim Cramer came out discussing oil and gas infrastructure, and said that a relatively small player name Willbros Group, Inc. (NYSE: WG) is a winner.  The company focuses…

Douglas A. McIntyre · 19 years ago

Venoco Filed For Spin-Off (VQ, VAC)

Venoco, Inc. (NYSE: VQ) has filed for a spin-off of a unit called VENOCO ACQUISITION Co. via an initial public offering that it has applied to take ticker "VAC" on the NYSE. Venoco Acquisition…

Douglas A. McIntyre · 19 years ago

XTO Selling $1 Billion In Stock (XTO)

XTO Energy Inc. (NYSE: XTO) intends to sell 20,000,000 shares of common stock in a secondary offering, pursuant to its shelf offering.  Lehman Brothers, Goldman Sachs, and JPMorgan are joint book-runners for the offering,…

Douglas A. McIntyre · 19 years ago

First Solar Shines (FSLR)

First Solar, Inc. (NASDAQ: FSLR) is showing that solar power and alternative energy is far from peaking.  The solar electric power module maker posted earnings at $0.77 EPS on $200.8 million in revenues, while…

Douglas A. McIntyre · 19 years ago

Hugo Chavez Cuts His Own Throat

Venezuela president Hugo Chavez says he will not send anymore crude to Exxon (XOM). The most profitable US company has frozen $12 billion assets from the Latin American country’s state owned oil operation to…

Douglas A. McIntyre · 19 years ago

Evergreen Solar Prices Secondary Offering (ESLR)

Evergreen Solar Inc. (NASDAQ: ESLR) has priced its secondary share offering at $9.50 per share.  This is down from over $12.00 just a few days ago and under the $10.02 closing price of yesterday.…

Douglas A. McIntyre · 19 years ago