Energy

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OPEC May Increase Procuction In February

It will probably be a cold winter in the Northern Hemisphere. It has certainly started that way. Recent indications are that consumer spending moved up sharply in November, and retail sales are somewhat better…

Douglas A. McIntyre · 19 years ago

Does OPEC See A Recession?

The people at OPEC are funny. They see no reason to cut oil prices. Their analysis is that global economic growth is slowing which will cut demand for crude. So, why drop prices? According…

Douglas A. McIntyre · 19 years ago

Lazard’s Sell & $25 Target on LDK Solar (LDK, WFR)

Lazard Capital Markets has maintained its sell rating on LDK Solar Co. (NYSE: LDK) despite a 22% rise in the stock today.  LDK signed a 10-year "take or pay" contract to supply multicrystalline wafers…

Douglas A. McIntyre · 19 years ago

Big Oil Exporting Nations To Become Importers

According to a story in The New York Times,several large oil exporters, including Mexico, may begin importing oil within the next five years. Growth of auto ownership and booming economies are driving huge demands…

Douglas A. McIntyre · 19 years ago

Lazard More Bullish on First Solar & Capstone Turbine (FSLR, CPST)

Analyst Sanjay Shrestha of Lazard Capital Markets is sticking with his Buy ratings this morning on shares of First Solar (NASDAQ:FSLR) and Capstone Turbine (NASDAQ:CPST). On First Solar (NASDAQ:FSLR): We maintain our BUY rating…

Douglas A. McIntyre · 19 years ago

IPO Filing: Gushan Environmental, Biodeiesel & In China (GU)

After yesterday’s close, there was quite an interesting IPO filing with the buzz that may ring in many ears: enter Gushan Environmental Energy Limited….. Gushan Environmental is biodiesel player for the alternative energy investors,…

Douglas A. McIntyre · 19 years ago

If OPEC is Idle, Oil Goes Back Above $100

Oil prices have come down toward $90 over the last two weeks. There is some indication that US supply is better than thought. There are rumors that OPEC will increase production. Hugo Chavez has…

Douglas A. McIntyre · 19 years ago

A Huge Oil Find In Very, Very Deep Water

It’s nice to find a lot of oil, but only if drillers can get to it. Brazil is in that position now that a field with as much eight billion barrels of light oil…

Douglas A. McIntyre · 19 years ago

Letter From Caracas

Nut-ball Venezuelan leader Hugo Chavez thinks that the CIA or some other branch of the US government is out to mess up the elections in his country. And, he is prepared to cut the…

Douglas A. McIntyre · 19 years ago

Letter From Riyadh

The time may come when the nation-states of the Middle East will spend to pay for military forces large enough to defend them and their oil fields. But, in the meantime they would rather…

Douglas A. McIntyre · 19 years ago

Lazard Defends Itron (ITRI)

Itron Inc. (NASDAQ:ITRI) is being defended by Lazard Capital Markets after the stock’s recent weakness.  Analyst Sanjay Shrestha at Lazard is reiterating/maintaining his BUY Rating on Itron with a $115 price target. Shrestha notes,…

Douglas A. McIntyre · 19 years ago