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Energy & Utilities

National Oilwell Varco Has the Most ‘Sell’ Ratings

Approximately 10% of the analysts tracking National Oilwell Varco have recommended a “sell” or some equivalent as of June 25.

CSX’s Intermodal Volumes Boost Upward Trend in Week 25

CSX (CSX), another Eastern US prominent railroad, reported a 1.6% YoY (year-over-year) growth in carload traffic in Week 25.

Decoding US Natural Gas Inventories from June 22 to 29

On July 6, the EIA (U.S. Energy Information Administration) released its natural gas storage report.

Cabot Oil and Gas: Recent Short Interest Trends in the Stock

As of July 11, short interest as a percentage of float (the short interest ratio) in Cabot Oil and Gas’s (COG) stock was ~4.92%.

Kansas City Southern: Carloads Drove Volumes in Week 28

Kansas City Southern (KSU), the smallest US Class I railroad, had a 5% YoY growth in carload volumes in Week 28.

Lowest-Performing MLPs in Week Ended July 27

American Midstream Partners (AMID) was the lowest-performing MLP in the week ended July 27.

Oil: Are Oversupply Concerns Rising?

On August 13, US crude oil September futures closed ~$3.97 above the September 2019 futures contract.

How Top Utility Stocks Are Currently Valued

Renewables titan NextEra Energy (NEE), the biggest utility by market capitalization, is trading at an EV-to-EBITDA multiple of ~16x.

Gas-Weighted Stocks Might React to Natural Gas’s Fall

On September 19, natural gas October futures fell 0.9% and settled at $2.908 per MMBtu (million British thermal units).