Energy

All Energy Articles

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OPEC Tells West To Kiss Off, Raise Recession Risk

There will be no lower oil price in consumer stockings for Christmas. In an interview with the Financial Times, Ali Naimi, the Saudi oil minister, said “there will be absolutely no discussion” by heads…

Douglas A. McIntyre · 19 years ago

The OPEC Extortion Play

OPEC wants the big oil consuming countries to promise not to spend too much money on alternative fuel development and nuclear energy. The oil producers are afraid that this would take away demand for…

Douglas A. McIntyre · 19 years ago

First Solar Rides Cosmic Rays (FSLR)

First Solar (NASDAQ:FSLR) is trading so well after-earnings that it might be thought of as "First Stellar."  The solar company posted net income of $46.0 million, or $0.58 EPS after a $0.09 tax benefit. …

Douglas A. McIntyre · 19 years ago

Lazard Defending Fuel-Tech (FTEK)

Fuel-Tech (NASDAQ:FTEK) is being defended by Lazard Capital after the net earnings miss yesterday.  Analyst Sanjay Shrestha, Managing Director & Senior Analyst, Alternative Energy & Industrials, maintained a BUY rating and a $33 price…

Douglas A. McIntyre · 19 years ago

US Government Expects Oil Price To Stay High

The Energy Information Adminstration branch of the US government released its forecast for the rest of this year and next. The analysis shows that high oil prices are expected to continue. Among the observations…

Douglas A. McIntyre · 19 years ago

$100 Oil Doesn’t Do Much For Oil Companies

Christophe de Margerie, Chief Executive of France’s Total, warned that if crude does continue to rise, upward trends on taxes and production costs could worsen. "Coupled with an increasing reliance on lower-margin natural gas…

Douglas A. McIntyre · 19 years ago

Lazard Calls For Capstone Turbine To Double (CPST)

Shares of Capstone Turbine Corp. (NASDAQ:CPST) are up in early trading after the open, although not as much as one might suspect, on a key analyst call.  Sanjay Shrestha, Managing Director and Senior Analyst,…

Douglas A. McIntyre · 19 years ago

Lazard Defending Itron (ITRI)

Sanjay Shrestha, Managing Director, Senior Analyst, Alternative Energy & Industrials at Lazard Capital Markets is maintaining his "BUY" rating on Itron Inc. (NASSDAQ:ITRI) after a big drop from earnings.  The note discusses the lowered…

Douglas A. McIntyre · 19 years ago

The West Begs OPEC

Begging is not manly, but it can be effective. Yesterday, according to the FT, "Andris Piebalds, the European energy commissioner, urged Opec to increase oil production." And, Guy Caruso, a senior official at the…

Douglas A. McIntyre · 19 years ago

Cramer’s New Oil Call (APA, XOM)

On tonight’s MAD MONEY on CNBC, Jim Cramer said he has no cure for the financials, mortgage insurers, and banks right now.  But Cramer’s call in oils for exploration and production is Apache Corp.…

Douglas A. McIntyre · 19 years ago