Energy

Shell & Exxon: 2 Energy Stocks To Watch In June

May 29, 2021 04:15 AM AEST| By Team Kalkine Media

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.....

Enovix & QuantumScape Corp: Two Battery Stocks To Explore

May 26, 2021 04:46 AM AEST| By Team Kalkine Media

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.....

Kinder Morgan, Energy Transfer & PAA: 3 Hot Pipeline Stocks

May 26, 2021 02:34 AM AEST| By Team Kalkine Media

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.....

Cabot Oil & Gas To Merge With Cimarex Energy In a US$17Bn Deal

May 25, 2021 08:59 AM AEST| By Kiran Murali

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.....

Magellan, Oasis, & Hess Corp: 3 Oil & Gas Stocks To Explore

May 25, 2021 04:25 AM AEST| By Team Kalkine Media

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.....

Plug Power & FuelCell: Two Hydrogen Stocks To Explore

May 16, 2021 04:21 AM AEST| By Team Kalkine Media

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. .....

Renewables Get A Jumpstart After Biden’s US$2.8bn Wind Project

May 14, 2021 04:36 AM AEST| By Team Kalkine Media

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.....

Tesla Eyes Entry Into Multimillion-Dollar US Renewable Market

May 14, 2021 03:01 AM AEST| By Team Kalkine Media

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.....

Is Recovery On Horizon For Ballard, Plug Power, Bloom After Fall?

May 05, 2021 09:00 AM AEST| By Team Kalkine Media

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.....