Energy & Utilities

Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, was removed from the index following a rough year for the company.

More Personal Computing revenue flat Previously, we discussed Microsoft’s (MSFT) Intelligent Cloud segment’s performance. In this part, we’ll look at how its MPC (More Personal Computing) segment performed in fiscal 1Q18. Microsoft’s MPC segment, as the name suggests, is highly dependent on the PC (personal computer) market, drawing close to ~50% of its total revenue […]

Crude oil’s (USO) (OIIL) implied volatility was 41.3% on July 8, 2016.

Many investors wonder if they should buy oil stocks. Will oil stocks rebound and be a profitable investment?

These are the countries who produce the most oil in the world as well how much they produce

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.

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.

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%.

Refining stocks’ performance was mixed in the fourth quarter. While Marathon Petroleum and HollyFrontier fell, Valero Energy and Phillips 66 rose.

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 yields of Southern Company (SO) and Duke Energy (DUK) currently stand at multi-year lows because utility stocks had a solid run this year.

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.

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.

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 […]

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.

The crack spread is a major component that drives refiners’ valuation. In this article, we’ll look at the metric’s different aspects.

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.

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.

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.

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 (ENPH) stock fell more than 5% Friday after gaining around 25% collectively over the five previous trading sessions.

NextEra Energy (NEE) is the second-largest power company in the US after Duke Energy (DUK) in terms of market capitalization.

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).

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.

Given the nature of its business, AES Corporation (AES) faces risks relating to currency fluctuations, fuel prices, interest rates, and a scattered business model.

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.

Institutional ownership of Marathon Petroleum (MPC) stock changed quite a bit in Q3, which was eventful for MPC due to Elliot Management’s recommendations.

In a competitive industry like the nitrogenous fertilizer industry, the marginal producer’s cost sets the industry floor.

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.

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.

On October 27, ONEOK Partners (OKS) announced that it agreed to acquire Chevron Corporation’s (CVX) natural gas liquids (or NGLs) pipeline assets.

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.

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.

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.

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 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.

ONEOK Partners’ (OKS) natural gas liquids segment provides natural gas liquid gathering, fractionation, transportation, marketing, and storage services to its producers.

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.

Natural gas can be stored for an indefinite period of time for later consumption.

High volatilities in prices increase the extrinsic value of storage assets because it creates more opportunities for profitable storage optimization.