Energy

5 solar stocks to keep an eye on in February

February 09, 2022 09:35 AM PST| By Versha Jain

Highlights First Solar, Inc. (NASDAQ: FSLR) has a P/E ratio of 17.39. For the nine months ended September 30, 2021, its net income was US$337 million, up 19% YoY. Enphase Energy, Inc. (ENPH) has P/E ratio of 154.59. It has deployed more tha.....

BP plc (BP) profit at 10-year high, buys back US$6 billion shares

February 08, 2022 10:18 AM PST| By Rupam Roy

Highlights BP plc plans to buy back US$1.5 billion shares ahead of its first-quarter results. The company's total revenue and other income were US$52.23 billion in Q4, FY21. Its adjusted income of US$4.06 billion was the highest profit in any .....

Five energy stocks that gave over 100% return in a year

January 05, 2022 01:13 PM PST| By Versha Jain

Highlights Devon Energy Corporation (NYSE: DVN) has a P/E ratio of 28.81, and a dividend yield of 0.97%. Continental Resources, Inc. (NYSE: CLR) has a P/E ratio of 21.31. Its current dividend yield is 1.73%. PDC Energy, Inc. (NASDAQ: PDC.....

2 US energy stocks with over 7% dividend yield

December 18, 2021 12:23 AM PST| By Versha Jain

Highlights MPLX LP (NYSE: MPLX) has a P/E ratio of 10.46 and its stock rose 32% YTD. The Energy Transfer LP (NYSE: ET) stock grew 38.67% YTD. The Energy Transfer LP (NYSE: ET) stock grew 38.67% YTD. The energy sector typically performs we.....

Stem Inc’s (STEM) stock gains on AlsoEnergy acquisition for US$695M

December 16, 2021 10:19 AM PST| By Versha Jain

Highlights Stem, Inc. (NYSE: STEM) announced Thursday it was acquiring AlsoEnergy Holdings Inc. for an aggregate value of US$695 million. The agreement is for a cash and stock transaction where 75% of the total consideration will be in cash and.....

Top 5 US Lithium stocks to watch in 2022

December 14, 2021 11:12 AM PST| By Versha Jain

Highlights Lithium is used in batteries of consumer electronics, smartphones, tablets, electric vehicles, etc. The metal’s extraction needs permission at various levels. With high electric vehicle demand, Lithium may remain in demand too.....

Pioneer Power Solutions (PPSI) stock on a roll, pops 47% – know why

November 30, 2021 07:37 AM PST| By Sanjeeb Baruah

Highlights Pioneer Power announced the launch of EV charging options like truck-mounted E-Boost GOAT generator and stationary E-Boost Pod that can charge two vehicles. The New Jersey-based company is a global leader in on-site power production,.....

Mammoth Energy (TUSK) stock surges on EV charging station contract

November 19, 2021 10:29 AM PST| By Versha Jain

Highlights Mammoth Energy Services, Inc. (NASDAQ: TUSK) stock jumped on getting a multi-year EV charging station contract. The stock rose 23% in premarket on Friday. However, the stock was down about 50% year-to-date but gained 1% in one year......

Why is Blink Charging stock (BLNK) up today?

November 12, 2021 05:04 PM PST| By Versha Jain

Highlights Blink Charging Co. (NASDAQ: BLNK) revenue grew 607% YoY to US$6.4 million. It reported a net loss of US$15.3 million or US$0.36 per share diluted in Q3, 2021. The company sold and contracted 3,016 charging stations in the th.....

Seven green stocks that may give a leg-up to the sector in 2022

November 10, 2021 12:17 PM PST| By Versha Jain

Green stocks are companies that produce various climate-friendly products and services. For instance, these firms provide waste reduction solutions, clean or renewable energy, transportation, etc. The sector received a major boost after Biden set t.....

2 lithium stocks to watch with over 100% YTD returns as COP26 convenes

November 04, 2021 06:09 AM PDT| By Team Kalkine Media

Highlights The stock value of Lithium Americas Corp. (NYSE: LAC) surged over 117% YTD Piedmont Lithium Inc. (NASDAQ: PLL) stocks rose more than 125% YTD The net loss of Lithium Americas Corp. (NYSE: LAC) was US$19.32 million in Q2, FY21 T.....

ConocoPhillips (COP), BP (BP) Q3 profits rise on high energy demand

November 02, 2021 11:48 AM PDT| By Ipsita Sarkar

Highlights ConocoPhillips (NYSE: COP) total production excluding Libya surged over 41% YoY in Q3. The now expects Q4 production to be between 1.53 million boe and 1.57 million boe per day. BP plc (NYSE: BP) announced to buy back an additional .....

Exxon (XOM), Chevron (CVX) profits soar on strong demand

October 29, 2021 10:05 AM PDT| By Ipsita Sarkar

Highlights Exxon Mobil (NYSE: XOM) net earnings were US$6.8 billion in Q3 2021 against a net loss of US$680 million a year ago. Exxon produced 3.7 million barrels per day of oil equivalents in the quarter. Chevron Corp (NYSE: CVX) posted reven.....

Hess Corp (HES) revenue jumps 54% as sales improve in Q3

October 27, 2021 04:07 PM PDT| By Ipsita Sarkar

Highlights Hess Corporation’s (NYSE: HES) third-quarter revenue increased by 54% YoY to US$1.81 billion. Its total oil and gas production was 265,000 barrels of oil equivalent per day, excluding Libya. The Hess stock gained 187% i.....

NextEra to Bloom Energy: 5 renewable stocks gear up for green race

October 26, 2021 01:25 PM PDT| By Ipsita Sarkar

The clean energy sector is one of the most discussed topics around the world today. It is one of the top priority areas for governments in the fight against global warming. The global push for green energy has accelerated the development of the sec.....