Short Interest in Solar, Alt Energy Stocks Mixed as Share Prices Fell
Short interest in solar and alternative energy stocks was mixed in the reporting period ended January 31. But shares prices were uniformly lower before the market meltdown began.
Short interest in solar and alternative energy stocks was mixed in the reporting period ended January 31. But shares prices were uniformly lower before the market meltdown began.
The U.S. land-based oil rig count soared by 26 this week even as production has reached multi-decade highs. Prices are going to take a beating.
The federal budget deal struck Wednesday includes the sale of 100 million barrels of the country's Strategic Petroleum Reserve. The sales won't begin until 2022.
A withdrawal of 119 billion cubic feet from the U.S. natural gas stockpile was near the high end of a consensus estimate and had little impact on the already-low price.
Exxon Mobil reported Thursday that new discoveries and acquisitions last year added 2.7 billion barrels of oil equivalent to its proved reserves, replacing 183% of 2017 production.
Danish wind-turbine maker Vestas plans to branch out into designing and building systems that include solar panels and battery storage.
The U.S. Energy Information Administration reported Wednesday that stockpiles of crude oil, gasoline, and distillates like diesel fuel and heating oil rose sharply last week.
Coal miner Peabody Energy reported quarterly and full-year 2017 results Wednesday morning that beat estimates. The company has instituted a new dividend but sees 2018 shipment volumes flat at best.
Power generator NRG Energy announced Wednesday morning that it has sold assets valued at around $2.8 billion and now expects its total cash from asset sales to rise to $3.2 billion by the end…
The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook for 2018. This report includes projections for U.S. energy markets from now all the way out through 2050, and it keeps a…
Energy supermajor BP reported quarterly and full year earnings Tuesday morning. Excluding items, the company posted big numbers.
The national average price for a gallon of regular gas rose to $2.60 this week and diesel fuel prices hit $3 a gallon as refined products prices catch up with rising crude prices. Don't…
Industry analysts at Rystad Energy foresee a funding gap of $8.3 billion in capital spending for top shale producers this year if crude prices average $60 a barrel.
24/7 Wall St. has seen both oil and gas giants trade lower again on Monday, and we have highlighted a mixed batch of analyst reports with the equivalent of Buy, Sell and Hold ratings.
For worried investors, it may make sense to jettison stocks that have big gains and start to look at a sector like energy, which probably still has solid potential for the rest of 2018.