News about

(FSLR) SunPower Expects a Return to Profit

Mon, 20 May 2013 12:48:42 -0400

SunPower Corp. (SPWR) shares jumped 8.5% to $20.65 in the New York Stock Exchange as the company...

Visit StockBlogHub to view complete post.

Statoil, Total to Swap Barents Assets – Analyst Blog

Tue, 14 May 2013 16:10:01 -0400

Statoil ASA and Total SA have agreed to swap assets in the Barents Sea, subject to approval by the Norwegian Ministry of Petroleum and Energy.

Europe stocks surge after upbeat U.S. jobs data

Fri, 03 May 2013 11:02:59 -0400

European stock markets soar to levels not seen since mid-2008 on Friday after data shows a bigger-than-expected amount of jobs were created in April.

TOTAL Earnings Shy of a Penny – Analyst Blog

Fri, 26 Apr 2013 17:15:01 -0400

TOTAL S.A.'s first quarter earnings per share were a penny short of our projection as realized prices dipped.

Europe stocks in red ahead of U.S. growth data

Fri, 26 Apr 2013 03:55:55 -0400

European stock markets are on track to break a five-day winning streak on Friday, with investors staying cautious ahead of a closely watched report on U.S. economic growth in the first quarter.

(IBM) Into the Heart of First Quarter Earnings Season – Earnings Preview

Tue, 23 Apr 2013 01:16:37 -0400

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is...

Visit StockBlogHub to view complete post.

(IBM) The Market Now Moves Into the Heart of the First Quarter Earnings Season – Earnings Preview

Fri, 19 Apr 2013 20:55:39 -0400

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is...

Visit StockBlogHub to view complete post.

Weekly Preview: Earnings Season Continues, Apple In Focus

Fri, 19 Apr 2013 16:38:35 -0400

Next week, earnings season continues as investors eye key earnings from technology behemoths Apple (NASDAQ: AAPL) and chip maker Texas Instruments (NASDAQ: TXN). Texas Instruments' earnings and guidance is considered a key indicator for the semiconductor, and the broader technology industry by many analysts.

Key Earnings Next

Finding the best four-year market forecaster

Fri, 19 Apr 2013 14:20:06 -0400

Trying to figure out where the market will four years from now is, believe it or not, actually easier to do then predict where it will be four months from now. And there’s one forecaster who currently has the others beat.

Europe stocks recover from 2013 low

Thu, 18 Apr 2013 04:11:40 -0400

European stock markets rise in choppy trade on Thursday, a day after most major bourses closed at 2013 lows and extended losses into a fourth straight trading day.

SunPower Starts Twin Calif Projects – Analyst Blog

Wed, 17 Apr 2013 15:46:01 -0400

SunPower Corp. has commenced the construction of twin solar projects in Yolo County, Calif.

This New ETF Gets Defensive With Global Dividends

Wed, 17 Apr 2013 14:28:06 -0400

The dividend ETF craze continues to grow with another new entrant to the fray, that being the FlexShares International Quality Dividend Defensive Index Fund (NYSE: IQDE).

Northern Trust's (NASDAQ: NTRS) FlexShares unit rolled out the International Quality Dividend Defensive Index Fund on Tuesday as part of a trio of

A New International Dividend ETF Comes to Town

Tue, 16 Apr 2013 17:18:21 -0400

There is no shortage of dividend ETFs currently on the market, but the statistics indicate there may room for more. Investors poured $6.1 billion in new assets into U.S. dividend-themed ETFs during the first quarter.

At the end of the quarter, $68.5 billion in assets resided in dividend ETFs, according

(XLE) Stock Market News for April 15, 2013 – Market News

Mon, 15 Apr 2013 12:38:00 -0400

Benchmarks closed in the red following a series of disappointing domestic reports. Major indices...

Visit StockBlogHub to view complete post.

Strong China import demand boosts Europe stocks

Wed, 10 Apr 2013 04:21:51 -0400

European stock markets extend gains into a third straight day on Wednesday, boosted by data showing Chinese demand rose in March, as imports surged more than expected.

Should Tunisia Now Be on Energy Investors' Watch List?

Tue, 09 Apr 2013 15:45:00 -0400

To help us look at the developing situation in the region, we spoke with oil industry veteran John Nelson.

SunPower, SRP Dedicate PV Facility – Analyst Blog

Mon, 08 Apr 2013 18:25:01 -0400

SunPower Corporation along with its partner Salt River Project dedicated the solar photovoltaic power plant at Arizona State University in Mesa, AZ.

Portugal stocks slump in otherwise upbeat Europe

Mon, 08 Apr 2013 04:17:21 -0400

Portuguese stocks slump in an otherwise upbeat European market on Monday, after the country’s high court strikes down some of the austerity measures enacted as part of its rescue plan.

Did You Miss the Post-Crisis Doubling of U.S. Stocks? Well, There’s Europe

Fri, 05 Apr 2013 11:33:09 -0400

BP Assesses Final Shipping Offers – Analyst Blog

Thu, 04 Apr 2013 14:40:01 -0400

BP plc led Shah Deniz consortium has started appraising the final offers with respect to transportation options it received from the Nabucco Gas Pipeline International and Trans Adriatic Pipeline for Shah Deniz Stage 2 gas to Europe.

TOTAL Kept at Neutral – Analyst Blog

Tue, 02 Apr 2013 17:50:01 -0400

We maintain our Neutral recommendation on TOTAL.

Petrobras Likely to Divest Assets – Analyst Blog

Mon, 01 Apr 2013 16:40:01 -0400

Petrobras recently launched an auction to sell off its stakes in Nigerian oil fields.

Suncor Calls Off Voyageur Project – Analyst Blog

Thu, 28 Mar 2013 16:20:01 -0400

Suncor Energy Inc. recently declared that it is not proceeding with the $11.6-billion upgrading plant in Northern Alberta.

Energy stocks higher after wobbly start

Thu, 28 Mar 2013 11:13:17 -0400

Energy stocks gain Thursday, leaving behind early weakness as the S&P 500 Index traded above its closing record, lifting all sectors on the index.

SunPower Kept at Neutral – Analyst Blog

Mon, 25 Mar 2013 18:36:01 -0400

On Mar 21, we maintained our Neutral recommendation on vertically-integrated solar manufacturer, SunPower Corporation.

Chevron in Expansion Mode – Analyst Blog

Mon, 25 Mar 2013 16:20:01 -0400

Chevron Corporation recently announced that it will proceed with the combined development of the Moho Bilondo "Phase 1 bis" and Moho Nord projects.

STO Moves Ahead on Smorbukk South – Analyst Blog

Mon, 25 Mar 2013 16:10:01 -0400

Statoil ASA and its partners have resolved to proceed with the Smorbukk South Extension project.

Statoil Fortifies Gulf Endeavor – Analyst Blog

Fri, 22 Mar 2013 16:30:01 -0400

Statoil ASA has claimed for 15 leases in the central region of the U.S. Gulf of Mexico in an auction under the U.S. Bureau of Ocean Energy Management.

Eni’s Ninth Find Offshore Angola – Analyst Blog

Wed, 20 Mar 2013 18:00:01 -0400

Eni SpA has enhanced its resource base in the West Hub project with its ninth oil find in Block 15/06, offshore deepwater Angola.

Exxon, Aker Ink Nigerian Contract – Analyst Blog

Wed, 20 Mar 2013 15:50:01 -0400

ExxonMobil Corporation recently contracted Norwegian oilfield services firm Aker Solutions for the supply of subsea umbilicals for the Erha North phase two development in Nigeria.

Cobalt Int'l Energy Shares Rise Following News of Results from Shenandoah Appraisal Well, Update on North Platte Discovery Well

Tue, 19 Mar 2013 17:43:01 -0400

Cobalt International Energy, Inc. (“Cobalt”) (NYSE: CIE) today announced extraordinary results from its Shenandoah #2R appraisal well, located in Walker Ridge Block 51, and provided an update on its North Platte #1 exploratory well, located in Garden Banks 959, both located in the Inboard Lower Tertiary Trend, deepwater Gulf of Mexico.

At Shenandoah,

TOTAL Hives a Quarter of Tempa Rossa – Analyst Blog

Tue, 19 Mar 2013 17:30:01 -0400

TOTAL will sell a 25% interest in Tempa Rossa Field in southern Italy to Mitsui E&P Italia A S.r.l.

Statoil Continues High Impact Finds – Analyst Blog

Tue, 19 Mar 2013 16:20:01 -0400

Statoil ASA has made a major gas discovery - Tangawizi-1 - in Block 2 offshore Tanzania.

Eni’s Junin 5 Delivers First Oil – Analyst Blog

Thu, 14 Mar 2013 16:30:01 -0400

Eni SpA confirmed that its joint venture with the state-run oil holding Petroleos de Venezuela SA has commenced producing first oil from Junin 5.

Chevron Aims 25% Vol Growth by 2017 – Analyst Blog

Wed, 13 Mar 2013 13:00:01 -0400

Chevron Corporation is all set to deliver 25% production growth by 2017.

Investment-Grade Findings, From Toronto

Tue, 12 Mar 2013 08:34:55 -0400

I’ve been busy. Last week, I was in Toronto attending the annual convention of the Prospectors & Developers Association of Canada (PDAC). It’s the world’s largest mining conference, or so they tell me. I heard that there were about 40,000 attendees and exhibitors (no, I didn’t count heads). There were way over a thousand mining and service companies with booths, which I figured out by walking the aisles. From what I could see, it was [...]

Investment-Grade Findings, From Toronto appeared in the Daily Reckoning. Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter.

Exxon Sells GoM Stake to Rosneft – Analyst Blog

Fri, 08 Mar 2013 15:30:01 -0500

ExxonMobil Corporation has inked an agreement with Neftegaz America Shelf LP, a subsidiary of Russia's state-controlled oil firm OAO Rosneft.

Exxon Foresees Vol Growth – Analyst Blog

Thu, 07 Mar 2013 12:50:01 -0500

ExxonMobil Corporation is likely to boost its output level in the next five years thanks to the major liquid rich project start-ups lined up during the period.

(STO) Statoil ASA Awards $380M Contract

Wed, 06 Mar 2013 16:17:46 -0500

Norwegian energy giant Statoil ASA (STO) awarded a contract to an oilfield services firm Subsea 7...

Visit StockBlogHub to view complete post.

Risk, Reward Balance ConocoPhillips – Analyst Blog

Wed, 06 Mar 2013 13:00:01 -0500

We reaffirmed our long-term Neutral recommendation on ConocoPhillips a major U.S. exploration and production company.

Venezuelan Oil Production in the Post-Chavez World (CVX, XOM, COP, more)

Wed, 06 Mar 2013 12:32:02 -0500

Following the death of Venezuelan President Hugo Chavez, many analysts are now looking at oil and oil companies to see how their prices will react. Venezuela is home to the world’s second-largest oil reserves; however, most of that oil has been under wraps, protected by the nationalized oil industry that Chavez set up. Now that [...]

Statoil Awards $380M Contract – Analyst Blog

Wed, 06 Mar 2013 12:10:01 -0500

Statoil ASA awarded a contract to an oilfield services firm Subsea 7 for the development of the Aasta Hansteen gas field in the northern part of Norwegian Sea.

Europe stocks stay at 4½ year high

Wed, 06 Mar 2013 04:14:13 -0500

European stock markets extend the prior day’s rally on Wednesday, with the region’s benchmark index clinging to a 4½ year record as investor appetite is lifted by the Dow Jones Industrial Average hitting an all-time closing high.

2 Energy ETFs Could Benefit From Chavez Passing

Tue, 05 Mar 2013 17:52:51 -0500

On Tuesday, Venezuelan Vice President Nicolas Maduro confirmed that President Hugo Chavez passed away, ending a two-year bout with cancer. Chavez, 58, controlled Venezuela, South America's largest oil producer, for 14 years. Frequently an antagonist of the U.S., Chavez even blamed the U.S. for orchestrating a 2002 coup aimed

Rowan Beats EPS, Misses Revs – Analyst Blog

Thu, 28 Feb 2013 17:10:01 -0500

Rowan Companies Inc.'s adjusted fourth quarter 2012 earnings from continuing operations came in at 82 cents per share, beating the Zacks Consensus Estimate of 49 cents.

Shell to Buy Repsol’s LNG Property – Analyst Blog

Wed, 27 Feb 2013 16:15:01 -0500

Royal Dutch Shell plc has agreed to buy certain liquefied natural gas properties from Repsol SA, based in Spain.

These ETFs Have Moving Average Problems

Wed, 27 Feb 2013 15:23:51 -0500

Let's quickly clear up that headline. Not all of the ETFs that will be highlighted here have violated a key moving average such as the 50- or 200-day lines.

However, the funds that will be discussed here have another problem: Plenty of their components have recently fallen below their simple

Statoil Brings Hyme Project Online – Analyst Blog

Tue, 26 Feb 2013 16:15:01 -0500

Statoil ASA announced that it has started operating the Hyme oil field.

Chevron to Develop Solar Project – Analyst Blog

Tue, 26 Feb 2013 15:10:01 -0500

Chevron Corporation is planning to build a solar thermal demonstration project at its Kapolei refinery.

Magellan to Buy PAA Pipelines – Analyst Blog

Mon, 25 Feb 2013 16:40:01 -0500

Magellan Midstream Partners LP has signed a deal with Plains All American Pipeline LP to buy two refined petroleum products pipeline systems - spread over roughly 800 miles - for about $190 million.