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Market Wrap-Up for June 17 (WY, JNJ, LOW, more)

Mon, 17 Jun 2013 16:00:36 -0400

Ahead of the Federal Reserve’s two-day FOMC meeting this week, a wave of bullish sentiment flowed through the markets, sending the indices into positive territory early in the day’s session. After weeks of fearing the possibility of the Fed tapering its quantitative easing, investors seemed a little more confident today that easy money will continue [...]

Energy stocks top S&P 500 sector gainers

Mon, 17 Jun 2013 13:55:27 -0400

Energy stocks rise Monday, following the broader U.S. stock market on a rally ahead of this week’s Federal Open Market Committee meeting.

Jefferies Raises Price Target on ConocoPhillips (COP)

Mon, 17 Jun 2013 10:36:16 -0400

On Monday, Jefferies reported that it has increased its price target on energy company, ConocoPhillips (COP). The firm has maintained a “Hold” rating on COP and has raised the company’s price target on COP from $60 to $65. This price target suggests a 6% upside from the stock’s current price of $61.90. Analyst Iain Reid [...]

UPDATE: Jefferies Raises PT on ConocoPhillips Following Free Cashflow Handicap

Mon, 17 Jun 2013 09:26:42 -0400

In a report published Monday, Jefferies analyst Iain Reid reiterated a Hold rating on ConocoPhillips (NYSE: COP), and raised the price target from $60.00 to $65.00.

In the report, Jefferies noted, “Our deep-dive into the global majors free cashflow prospects identifies four winners, Total, Petrobras, BP and Eni. Key drivers

Energy stocks set to lose more than 1% on week

Fri, 14 Jun 2013 11:32:31 -0400

Energy stocks fell on Friday, looking to end the week with a loss of more than 1%. Shares of Williams Cos. trade largely in line with the broader market a day after an explosion at its chemical plant in Louisiana.

Energy stocks gain, Marathon Oil takes lead

Thu, 13 Jun 2013 13:15:49 -0400

Energy stocks shake off initial weakness to rise on Thursday, tracking the broader equity markets after positive data on U.S. retail sales and labor market countered concerns about Japanese equities.

Income hunters: Bank on this dividend stock play

Thu, 13 Jun 2013 06:15:22 -0400

Paying a dividend vs. buying back shares is a debate investors should feel fortunate about. Companies with such a choice are fundamentally sound, and those that can do both simultaneously are even stronger, writes Jonathan Burton.

Energy stocks fall; Spectra energy bucks trend

Wed, 12 Jun 2013 12:07:34 -0400

Shares of Spectra Energy top the S&P 500 Index, but the energy sector falls.

Crude Supplies Pull Back from Record Highs – Analyst Blog

Mon, 10 Jun 2013 16:20:01 -0400

The U.S. Energy Department's weekly inventory release showed that crude stockpiles fell sharply from their all-time high level, as refiner demand strengthened and imports plunged.

Energy stocks are worst performers in S&P 500

Mon, 10 Jun 2013 13:41:57 -0400

Energy stocks fall, the worst performing sector in the S&P 500 Index, as the broader market was mixed.

Energy stocks log third session of losses

Thu, 06 Jun 2013 13:31:06 -0400

Energy stocks fall, a third session of losses, following the broader U.S. stock market lower as investors showed jitters about the job market.

Summer Blockbuster: An Energizing Rotation

Thu, 06 Jun 2013 09:01:40 -0400

If bullish news continues to push new investors into energy this could be the best performing sector this summer and beyond.

Statoil and Partners Order 2 Rigs – Analyst Blog

Wed, 05 Jun 2013 16:30:01 -0400

Statoil ASA has given out contracts for the construction and operation of two tailor-made jack up rigs for drilling at Gullfaks and Oseberg oil fields offshore Norway.

Energy stocks extend losses to a second day

Wed, 05 Jun 2013 13:05:45 -0400

Energy stocks fell Wednesday, as investors remained concerned about the U.S. Federal Reserve’s next moves and macroeconomic data was discouraging.

Barclays Upgrades ConocoPhillips to “Overweight” (COP)

Wed, 05 Jun 2013 09:28:03 -0400

Analysts at Barclays upgraded oil and energy company ConocoPhillips (COP) on Wednesday with a bullish rating. The analysts upgraded COP from “Equal Weight” to “Overweight.” ConocoPhillips shares were up 31 cents, or +0.50%, during pre-market trading on Wednesday. The stock is up +6.36% year-to-date. The Bottom Line Shares of ConocoPhillips (COP) have a dividend yield [...]

Kinder Morgan to Expand Pipeline – Analyst Blog

Tue, 04 Jun 2013 19:15:01 -0400

Kinder Morgan Energy Partners, L.P. plans to spend about $107 million to expand the Kinder Morgan Crude and Condensate pipeline system further into the Eagle Ford Shale play in Karnes County, Texas.

BP Boosts Alaskan Drilling by $1B – Analyst Blog

Tue, 04 Jun 2013 16:40:01 -0400

BP plc has planned to invest $1 billion over five years in its Alaskan operations to add two new drilling rigs for its North Slope exploration.

Energy stocks are worst S&P 500 performers

Tue, 04 Jun 2013 13:30:06 -0400

Energy stocks fall, the worst sector performer in the S&P 500 Index, as equity investors watch for any clues about U.S. Federal Reserve’s next moves.

Crude Supplies Notch Another Record High – Analyst Blog

Mon, 03 Jun 2013 16:40:01 -0400

The U.S. Energy Department's weekly inventory release showed that crude stockpiles notched up another all-time high, as refiners scaled down their utilization rates.

Kinder Morgan Energy Partners to Expand Eagle Ford Crude Condensate Pipeline

Mon, 03 Jun 2013 13:30:51 -0400

Kinder Morgan Energy Partners (NYSE: KMP) today announced it will invest approximately $107 million to expand its Kinder Morgan Crude and Condensate pipeline system (KMCC) deeper into the Eagle Ford Shale play in Karnes County, Texas. The expansion, supported by a long-term contract with ConocoPhillips (NYSE: COP), will extend the

Energy stocks gain; BP to invest $1B in Alaska

Mon, 03 Jun 2013 11:50:46 -0400

Energy stocks rise on Monday, one of the few sectors in the black in the S&P 500 Index.

Statoil Seeks Approval for Delta 2 – Analyst Blog

Fri, 31 May 2013 16:20:01 -0400

Statoil ASA along with its partners has formally handed over its plan for the development and operation of the Delta 2 field off Norway to the authorities.

Energy stocks down, look to end week higher

Fri, 31 May 2013 12:31:22 -0400

Energy stocks fall on Friday, one of the few sectors in the S&P 500 Index to post losses, and look set to end the week only marginally higher.

Energy stocks retreat a day after rally

Wed, 29 May 2013 13:09:13 -0400

Energy stocks fall Wednesday, taking a breather after the energy sector was the top gainer on the S&P 500 Index in the previous day.

Energy stocks rally alongside broader markets

Tue, 28 May 2013 11:35:12 -0400

Energy stocks rise, tracking the broader U.S. equity market on positive economic data on housing and consumer confidence.

Energy stocks looking to end week off 1%

Fri, 24 May 2013 12:09:42 -0400

Energy stocks fall Friday, set to end the week with a loss of more than 1%.

Energy stocks decline; Marathon asset sale fizzles

Thu, 23 May 2013 12:41:46 -0400

Energy stocks edge lower, gathering some strength after steeper losses earlier in the session.

Williams Companies and Other Energy Stocks Worth a Look Now

Wed, 22 May 2013 13:13:15 -0400

The National Association of Publicly Traded Partnerships (NAPTP) is holding its investor conference this week. And there is more to cheer about this year, now that master limited partnerships (MLPs) are up 22.6 percent so far this year. MLPs underperformed the broader markets last year.

Among the conference attendees are analysts

These Energy ETFs Are Breaking Out

Wed, 22 May 2013 13:05:00 -0400

It has been said the S&P 500's ascent to what feels like a string of never ending new highs has been a rally short on risk-taking and long on low beta fare.

At the sector level, and it is sectors that lead equity markets not vice versa, there are signs

Energy stocks inch up; Pioneer, WPX top gainers

Wed, 22 May 2013 11:57:29 -0400

Energy stocks edge higher, losing some steam alongside the broader U.S. equity market as Fed Chairman Bernanke said Fed bond-buying could taper off.

WellPoint and Hartford Financial delivered in April

Wed, 22 May 2013 07:11:25 -0400

Here's how the Net Payout Yields portfolio performed.

Energy stocks stretch winning streak to second day

Tue, 21 May 2013 12:32:17 -0400

Energy stocks edge higher, extending a wining streak to a second day as the broader U.S. equity market was mixed.

Before you blame Cohen, blame yourself

Tue, 21 May 2013 07:00:23 -0400

SAC Capital’s Steven Cohen is under suspicion for his role in a insider-trading scheme. But he’s hardly alone in questionable conduct, most investors buy into and expect unattainable results, writes David Weidner.

Energy stocks rally, top gainer among S&P sectors

Mon, 20 May 2013 13:16:54 -0400

Energy stocks rise, the top gainer in the S&P 500 Index, standing head and shoulders above other sectors and up 4.3% on the day.

(MHP) U.S. Crude Oil Supplies Hit Record High

Fri, 17 May 2013 16:59:54 -0400

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to...

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Energy stocks rebound, look set for weekly gain

Fri, 17 May 2013 12:21:59 -0400

Energy stocks rise Friday, shaking off recent weakness and looking set to end the week with a gain of more than 1%.

How to invest in the U.S. oil ‘supply shock’

Fri, 17 May 2013 10:59:54 -0400

The International Energy Agency said this week that a “supply shock” will essentially change the way the oil market works. It also opens up a lot of opportunities for U.S. companies.

Energy stocks inch lower, Hess among top losers

Thu, 16 May 2013 11:21:29 -0400

Energy stocks edge lower, with Hess Corp. among the top decliners as it ends a proxy fight with activist shareholder Elliott Management.

Energy stocks fall; S&P’s sole sector decliner

Wed, 15 May 2013 12:21:35 -0400

Energy stocks fall Wednesday as investors book profits a day after the sector was among the top gainers in the S&P 500 Index.

Energy stocks among day’s top S&P sectors

Tue, 14 May 2013 12:34:20 -0400

Energy stocks rise to be among the top sector gainers on the S&P 500 Index and as the Dow industrials vie to extend the streak to an 18th consecutive winning Tuesday.

Energy stocks fall; coal miners are worst hit

Mon, 13 May 2013 12:18:28 -0400

Energy stocks are lower, with coal miners Consol Energy and Peabody Energy among the worst hit. Hess gains ahead of the week’s shareholder meeting.

Crude Stocks Keep Climbing, Reach New High – Analyst Blog

Fri, 10 May 2013 12:40:01 -0400

The U.S. Energy Department's weekly inventory release showed that crude stockpiles notched up to another all-time high level, as production hit the maximum in 21 years.

Energy stocks fall, but look for weekly gains

Fri, 10 May 2013 11:41:51 -0400

Energy stocks trade lower Friday, but look set to end the week marginally higher after gains early in the week.

Energy stocks seesaw between small gains, losses

Wed, 08 May 2013 12:53:21 -0400

Energy stocks waver between small gains and losses Wednesday, losing some steam after days of outperformance, and as the broader equity market looks for direction.

Energy stocks up, EOG leads after earnings

Tue, 07 May 2013 12:12:47 -0400

Energy stocks gain, with EOG Resources ahead of the pack after reporting first-quarter earnings that beat Wall Street expectations.

U.S. Crude Supplies Hit Record High – Analyst Blog

Mon, 06 May 2013 17:00:01 -0400

The U.S. Energy Department's weekly inventory release showed that crude stockpiles jumped to their all-time high level, as imports climbed.

TD Ameritrade's IMX Survey Declines to 5.31 in April

Mon, 06 May 2013 13:50:48 -0400

TD Ameritrade (NYSE: AMTD) issued April data for the Investor Movement Index Monday afternoon. The survey, released monthly on either the first or second Monday of the month, is released at 12:30 PM Eastern.

The reading for April fell 0.06 from 5.37 in March to 5.31.

TD Ameritrade

Energy stocks gain, Murphy Oil outperforms

Mon, 06 May 2013 11:49:04 -0400

Energy stocks edge higher, with Murphy Oil Corp. among the top gainers as it says its chief executive will step down after a spinoff.

Bye-Bye Irani, Hello to This ETF

Fri, 03 May 2013 14:48:15 -0400

Sure, the volume is light (not yet a third a of the daily average), but the iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (NYSE: IEO) enjoying a nice end to the week with a Friday gain of nearly 2.6 percent.

As an energy ETF,

Energy stocks among top S&P weekly gainers

Fri, 03 May 2013 12:11:06 -0400

Energy stocks gain Friday, set to end the week ahead of most S&P 500 Index subsectors, up nearly 3% so far.