JPMorgan Chase Predicts Crude Oil Will Reach $190 in 2025
JPMorgan Chase predicts that oil will reach $190 per barrel in 2025. Just a few months ago, Brent crude touched a multiyear low.
Energy & Utilities
Stock news and analysis in the energy sector, including petroleum, natural gas, and green energy,
Is Suncor Energy Stock a ‘Buy’ amid Weak Energy Prices?
Suncor Energy (NYSE:SU) stock has fallen 47% year-to-date. Weak crude oil prices have taken a toll on energy companies’ stock prices.
Natural Gas: What Can Investors Expect?
The EIA reported a rise of 120 Bcf in natural gas inventories for the last week. However, analysts expected a rise of 106 Bcf in the inventories level.
Top Oil-Producing Companies’ Stock Prices Fall
Looking at the top US-listed oil-producing companies’ stock prices, ExxonMobil, BP, and Chevron have fallen by 40.5%, 41.6%, and 31.5% in 2020.
Gold or Crude Oil: Where to Hide amid US-Iran Tensions?
Active gold futures have risen to their highest level since 2013 after the renewal of US-Iran tensions. Last week, active gold futures rose by 1.1%.
Best Refining Stocks: Comparing MPC, VLO, PSX, HFC
Refining stocks’ performance was mixed in the fourth quarter. While Marathon Petroleum and HollyFrontier fell, Valero Energy and Phillips 66 rose.
How Will Energy Transfer Stock Perform in 2020?
Energy Transfer (ET) stock had a weak run despite strong earnings growth in 2019. Here’s a look into how analysts think ET will perform in 2020.
Dividend Faceoff: Southern Company vs Duke Energy
Dividend yields of Southern Company (SO) and Duke Energy (DUK) currently stand at multi-year lows because utility stocks had a solid run this year.
Do Technical Indicators Hint at Strength for BP Stock?
BP stock has had almost flat returns in 2019, and its stock is up 0.3% year-to-date. Lower oil prices have impacted the stock’s performance.
Key Oil Price Indicators at the End of 2019
Last week, WTI crude oil prices gained 0.6%—the third consecutive weekly gain. The rally in oil prices started towards the end of 2019.
Valero Stock Rises 12% before IMO 2020
Valero Energy (VLO) stock has risen 11.6% sequentially. The stock has risen due to stronger refining conditions in the current quarter.
How the Puma Energy Acquisition Fits Chevron’s Strategy
Chevron agreed to acquire Puma Energy Australia Holdings for 425 million Australian dollars. Chevron expects to close the acquisition in mid-2020.
VLO, MPC, and PSX: Are Refining Cracks, Oil Spreads Rising?
The refining industry, including cracks and oil spreads, is going through a massive change in the current quarter. The change resulted in sharp changes in refining stocks’ prices. Notably, the industry seems to be ready for IMO 2020. While Valero Energy (VLO) and Phillips 66 (PSX) stocks have risen by 11.6% and 13.6% sequentially, Marathon […]
MPC Stock Forecast until the End of 2019
Marathon Petroleum’s (MPC) stock price has fallen 6.0% so far in Q4, likely influenced by the uncertainty regarding the company’s strategic path.
Refining Crack Spread Overview: All You Ever Wanted to Know
The crack spread is a major component that drives refiners’ valuation. In this article, we’ll look at the metric’s different aspects.
Oil Price Outlook: Goldman Sachs Sees a New High
Last week, Goldman Sachs increased its target on oil prices, but only for the short term. Its long-term target on oil prices is almost unchanged.
Tesla Solar: Is the Version 3 Roof Really Superior?
Whether Elon Musk made 2019 the Year of Solar is debatable. But with Tesla’s Solar Roof Version 3, the company made some notable developments.
2020’s Natural Gas Outlook: Winter Is Coming
Natural gas’s outlook might turn bearish. Last week, natural gas prices rose by 2.3%. The higher prices were due to the bullish weather forecast.
2019 Oil and Gas Bankruptcies Paint Bleak Outlook
Haynes and Boone reported that 50 energy companies filed for bankruptcy in the first nine months of 2019, including 33 oil and gas producers.
Enphase Energy or SolarEdge: How They Stack Up
Enphase Energy (ENPH) stock fell more than 5% Friday after gaining around 25% collectively over the five previous trading sessions.
Best Oil Refining Stocks: MPC, VLO, PSX, HFC, PBF, and DK
Oil refining and marketing stocks have been on investors’ radar. Valero Energy (VLO) and Phillips 66 (PSX) have risen 29.0% and 29.7%, respectively, YTD.
New England and the Pacific are great regions to produce power
The US is divided into nine divisions. The Pacific and New England divisions had the highest year-over-year, or YoY, growth in electricity prices in September 2014.
Utilities company overview: NextEra Energy
NextEra Energy (NEE) is the second-largest power company in the US after Duke Energy (DUK) in terms of market capitalization.
Regulated business is Southern Company’s strength
Southern Company manages its regulated utility business through the following four subsidiary companies: Alabama Power, Georgia Power, Gulf Power, and Mississippi Power. These subsidiaries have a combined power generation capacity of 37,000 megawatts (or MW).
Cost structure sets Southern Company above its competitors
Fuel costs per kWh can be used to evaluate the efficiency of a power producer to produce electricity. Southern Company’s fuel cost per kWh is lower than its competitors’ in the regulated utility business.Energy & Utilities Must-know: Risks to AES Corporation’s business
Given the nature of its business, AES Corporation (AES) faces risks relating to currency fluctuations, fuel prices, interest rates, and a scattered business model.Energy & Utilities 5-year-old and 10-year-old VLCC prices stay at consistent levels
Since secondhand vessels can be delivered within a few months, they tend to reflect industry participants’ expectations for medium-term fundamentals and rates, unlike newbuilds, for which two years of delivery time is mandatory.
MPC Stock: How Institutional Ownership Changed in Q3
Institutional ownership of Marathon Petroleum (MPC) stock changed quite a bit in Q3, which was eventful for MPC due to Elliot Management’s recommendations.
The relationship between ammonia and Brent oil hasn’t returned
In a competitive industry like the nitrogenous fertilizer industry, the marginal producer’s cost sets the industry floor.
Chevron: Is It a Good Time to Invest in the Stock?
Currently, Chevron stock trades at 18.5x its 2019 forward EPS and at 17.2x its 2020 forward EPS. The stock is higher than most of its peers.
Oil Prices and ExxonMobil Stock: What’s the Correlation?
ExxonMobil stock and oil prices have a strong correlation. The one-year correlation coefficient between the stock and WTI crude oil prices stood at 0.54.
Must-know: An overview of Chevron Corporation
CVX is headquartered in San Ramon, California. It’s an energy company that engages in oil and gas exploration, production, refining, marketing, and transportation of oil and gas.Energy & Utilities Must-know: Who owns Dominion?
Institutional investors hold most of Dominion Resources’ (D) outstanding shares. As of June 30, 2014, a total of 351.2 million shares were held by 1,069 institutions.
Why ONEOK Partners acquires Permian assets from Chevron
On October 27, ONEOK Partners (OKS) announced that it agreed to acquire Chevron Corporation’s (CVX) natural gas liquids (or NGLs) pipeline assets.Energy & Utilities Why electricity demand is linked to GDP
Electricity is the backbone of a nation’s progress. All of the industries need electricity to operate—directly or indirectly. When a business flourishes, the electricity consumption increases.
Crude Oil Basics: Types of Crude Oil
Many think of crude oil as one single commodity that’s the same everywhere. But that isn’t the case. It actually has many different varieties.Energy & Utilities Why net capacity additions are important
Capacity is defined as the potential power output that power plants can generate. Each power plant has a shelf life. After the shelf life, they’re replaced with new power plants.
Why peak refinery maintenance season affects crude inventory
U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending October 17. Input levels were 113,000 bpd less than the previous week’s average.
Regency’s PVR Midstream acquisition means Marcellus Shale exposure
Regency recently acquired a foothold in the Marcellus by buying PVR Partners LP in March this year in a deal worth $5.6 billion, specifically to boost its footprint in the Appalachian Basin.
Overview: ONEOK Partners’ natural gas liquids segment
ONEOK Partners’ (OKS) natural gas liquids segment provides natural gas liquid gathering, fractionation, transportation, marketing, and storage services to its producers.
Oil Prices This Week: Key Fundamentals and Outlook
Last week, WTI crude oil prices rose just 0.1%, while the United States Oil Fund LP (USO) rose 0.2%. Crude oil rose for the third consecutive week.
Which Country Has the Most Oil?
Let’s take a look at the countries that own the most proven oil reserves and see why that matters for investors. You might find some surprises!
Why oil and natural gas production in the Permian should increase
According to the Energy Information Administration’s short-term energy outlook published in June 2014, crude oil production will average 8.4 million barrels per day in 2014.
Must-know: Natural gas storage in the U.S.
Natural gas can be stored for an indefinite period of time for later consumption.
Must-know : A brief overview of natural gas storage contracts
High volatilities in prices increase the extrinsic value of storage assets because it creates more opportunities for profitable storage optimization.
Overview: Plains All American Pipeline’s gas storage services
PAA’s storage facility falls under its supply and logistics segment, which is primarily a margin based segment, which makes it more volatile.
A closer look at the difference between ETFs and mutual funds
Before moving to inverse and leveraged ETFs in the next part of this series, we’d like to quickly discuss the differences between ETFs and mutual funds.
Must-know: Why crude oil inventories can affect prices
Every week, the U.S. Energy Information Administration (or EIA) reports figures on crude inventories, or the amount of crude oil stored in facilities across the United States.
Overview: Magellan Midstream Partners L.P.
Magellan Midstream Partners L.P. (MMP), is a master limited partnership (or MLP) that owns and operates a diversified portfolio of energy infrastructure assets.
A must-know introduction to NuStar Energy and its assets
On April 24, 2014, NuStar Energy, a master limited partnership operating in the midstream energy space, presented its earnings for the first quarter of 2014.