NextEra Energy (NEE) posts solid Q3 results, EPS up 12%

Summary Exxon Mobil stock price gained over 40% this year. Royal Dutch Shell collected earnings of US$3.2 billion in Q1. Shell has set up a new arm to develop and market its carbon reduction technologies. Oil and gas companies have ramped...

Summary Enovix Corp to go public via a SPAC merger in Q2 of 2021. QuantumScape Corp received an investment of US$300 million from Volkswagen. Battery production has increased as their usage, from phones, watches to cars soared. The use of...

Summary Kinder Morgan’s net income was US$1.4 billion in Q1 of 2021. Energy Transfer reported a net income of US$3.29 billion in the March quarter. Plains All American Pipeline or PAA’s net income was US$422 million in Q1. The...

Summary The combined diversified energy company will have an enterprise value of US$17 billion. Cabot’s stock fell over 8 percent, while Cimarex stock dropped around 10 percent on Monday morning. Oil and natural gas exploration compa...

Summary Magellan’s Q1 net income was US$221 million, stock up 17% YTD. Oasis stock grew 101% YTD after financial restructuring. Hess Corp is the only energy company to make it to the 100 Best Corporate Citizen List of 2021. Stocks o...

Summary Hydrogen energy companies are setting a new benchmark for the industry of late. Plug Power stocks jumped more than 500% in the past 12 months. FuelCell is focused on clean energy technologies; the stock price jumped 123% in one year. ...

In a major boost to the renewable energy sector, the Biden administration has approved the country's largest wind farm project valued at around US$2.8 billion. The farm will be jointly developed by Vineyard Wind LLC., Avangrid (NYSE: AGR), and Cop...

Summary Tesla is one of the eight companies that submitted applications with the Environmental Protection Agency (EPA) for power generation and renewable credits. Then-President George W. Bush created the Renewable Fuel Standard (RFS) program t...

Summary Ballard declined more than 34% in the past month despite recording a record high of US$40.99 on February 8, 2021. Plug Power was down 7.62% to US$24.60 at close on Tuesday, May 4. It shed over 35% in the past 30 days. Bloom energy drop...