The builders of the Atlantic Coast Pipeline are halting the project as companies continue to face growing environmental opposition to new fossil fuel pipelines in the United States. Duke Energy Corp. DUK ,-0.11% and Dominion Energy Inc. D ,+0.41% said Sunday that they were abandoning the $8 billion pipelineRead More →
Introduction Spark Energy(SPKE) is an intermediary in the energy production and distribution chain. They compete and act as an alternative to your regulated local utility which probably has a monopoly on most aspects of your electricity/power. Their business model essentially involves buying and selling electricity from a variety ofRead More →
The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new casesRead More →
© Reuters. To match Special Report CHESAPEAKE-MCCLENDON/LOANS By David French and Rama Venkat NEW YORK (Reuters) – Chesapeake Energy Corp (N:) filed for Chapter 11 on Sunday, becoming the largest U.S. oil and gas producer to seek bankruptcy protection in recent years as it bowed to heavy debts and theRead More →
European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →
Investment Thesis Summary Founded in 1970, Canacol Energy (OTCQX:CNNEF) is a Canadian company engaged in the exploration and production of oil and gas focused onshore in Colombia and Ecuador. The company has become an industry-leading natural gas supplier to the Caribbean Coast. Canacol is a key component of regional demand,Read More →
KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Q1 2020 Earnings Conference Call June 4, 2020 9:00 AM ET Company Participants Ryan Tyler – VP, Corporate Development, Financial Planning and Analysis Thomas P. McCaffrey – President, CEO, and CFO Conference Call Participants Unidentified Analyst – Simon Wong – Gabelli & Company OperatorRead More →
Oil futures fell Friday, with traders citing uncertainty about demand for fuel and rising U.S.-China tensions over Hong Kong, but the U.S. crude benchmark remained on track for its biggest monthly rise on record. “Demand is rising, and production is falling, but China might be the fly in the oilRead More →
Earthstone Energy’s (ESTE) management had a good thing going. They would start a company, and then go bargain hunting to produce good results. Usually within five years that company was sold for an excellent profit. This sixth time around at replicating previous efforts has proved challenging. But now investors canRead More →
A monthlong bout of coronavirus has ravished China, claiming hundreds of lives and sickening thousands but the Asian influenza also has infected the stock market and other assets, chilling bullish sentiment for the moment and stoking uncertainty at a period of lofty valuations. Here are some of the assets andRead More →
Fears around China’s ability to contain a deadly coronavirus outbreak have given the U.S. junk-bond market its first major test of the year. Laredo Petroleum Inc. LPI, +2.21% and Range Resources Corp. RRC, +3.61% were two energy companies in January from a deluge of U.S. businesses that raced toRead More →
U.S. stock futures indicated sharp losses for major indexes on Monday, continuing a drop seen from late last week, as concern grows over the fallout from China’s coronavirus, with the death toll and number of infected climbing dramatically from last week. How are benchmarks performing? Dow Jones Industrial Average futuresRead More →
SandRidge Energy (NYSE:SD) is facing mounting challenges in 2020 with the weak outlook for prices for NGLs and natural gas, combined with its lack of hedges. It needs decent prices for those commodities in order to fund its oilier North Park Basin development, but now appears likely to end upRead More →
Growth stocks hammered value plays last year, as they have been doing since the U.S. recession ended. According to Citi, the MSCI all-cap world value index has underperformed the MSCI growth index by 25% since 2010, with 2019 showing the biggest gap in performance in 20 years. But there wasRead More →
Oil futures fell on Wednesday to mark their lowest settlement in about seven weeks as fears of an oversupply of crude, and potential hit to demand on the back of the coronavirus outbreak in China, outweighed a disruption to Libyan production. West Texas Intermediate crude for March delivery CLH20, -2.76%Read More →
Amazon.com, AT&T Inc., DHL Express USA Inc. and other select companies with major delivery fleets and their accompanying heavy carbon footprints are banding together for an electric-vehicle collaboration expected to keep up the pressure on the EV industry and the corporations that dominate American roads. The group comes together underRead More →
In times of continuous new record highs of the general U.S. equity indexes, it might be a wise thing to look into other asset classes as well. This time we will focus on Goldman Sachs MLP and Energy Renaissance Fund (GER) which was incepted in September 2014. It is oneRead More →
The U.S. stock market seems risky now because valuations are rich, as sentiment marches higher. But there’s a fix for that: load up on disliked, cheap value stocks. By many measures, value stocks are lagging growth stocks by almost as much as they ever have in the past several decades. UsuallyRead More →
U.S. stock and bond markets will be closed Monday in observance of the Martin Luther King Jr. holiday, coming as Wall Street absorbs a record-setting run-up for equities. The Securities Industry and Financial Markets Association, or Sifma, recommends that bond markets are closed, including the dollar-denominated 10-year Treasury note TMUBMUSD10Y,Read More →
Oil futures struggled for direction on Friday, seesawing between modest gains and losses, with prices on track to register a loss for a second week in a row. Traders continued to weigh the prospects for energy demand in the wake of the China-U.S. trade deal on Wednesday and Senate approvalRead More →
Apache Corporation (APA) is an independent energy company that explores, develops, and produces natural gas, natural gas liquids, and crude oil around the world. The company has operations in onshore assets in the Permian Basin as well as in the Midcontinent/Gulf Coast regions and offshore assets in the Gulf ofRead More →
Four months ago, I recommended purchasing Valero (VLO) for its cheap valuation, its growth prospects, and its generous dividend. Since my article, the stock has rallied 23%. In addition, the refiner is expected to announce its next dividend hike in the next few days. In this article, I will discussRead More →
Investment Thesis As a dividend growth investor who looks for long-term buy and hold opportunities, TC Energy Corporation (TRP) ticks a lot of boxes for me. The company owns and operates critical energy infrastructure across North America, where it is positioned to benefit from growing global demand for natural gasRead More →
Oil futures fell sharply on Wednesday, logging lowest settlement since mid-December, as comments from President Donald Trump calmed nerves surrounding a potential war with Iran. Prices had seen a sharp but brief spike late Tuesday, brought on by Iranian missile strikes at bases in Iraq where U.S. troops are stationed.Read More →
“Once more unto the breach, dear friends, once more”. William Shakespeare, Henry V The cyclicality of the semiconductor industry is a challenge for all equipment suppliers. Advanced Energy Industries (AEIS) has tried to offset and mitigate that cyclicality by deploying capital into diversification efforts. These efforts haven’t really worked soRead More →
