The Energy Report

Source: Streetwise Reports 08/06/2019 Shares of WPX Energy are trading higher after it released second quarter earnings and raised full-year oil guidance by 4%. The firm also announced it is initiating a 24-month, $400 million share repurchase program. After the close of trading yesterday, WPX Energy Inc. (WPX:NYSE) reported unaudited second quarter earnings for the […]

Source: Streetwise Reports 08/04/2019 Performance during the quarter and guidance for the rest of 2019 are reviewed in a Raymond James report. In an Aug. 1 research note, Raymond James analyst Justin Jenkins reported that Magellan Midstream Partners L.P.’s (MMP:NYSE) Q2/19 results are positive, as is the nearing completion of several growth projects. Jenkins highlighted

Source: Streetwise Reports 08/02/2019 The highlights of the quarterly update are presented in an iA Securities report. In a July 31 research note, iA Securities analyst Jeremy Rosenfield reported that Brookfield Renewable Energy Partners L.P.’s (BEP.UN:TSX; BEP:NYSE) Q2/19 results were “roughly in line with estimates.” Rosenfield reviewed the quarter’s numbers and the near-term outlook for

Source: Streetwise Reports 07/31/2019 The current headwinds facing the company and their expected impact are described in a BMO Capital Markets report. In a July 29 research note, analyst Danilo Juvane reported that BMO Capital Markets downgraded its rating on Kinder Morgan Inc. (KMI:NYSE) to Market Perform due to a paucity of upcoming catalysts and

Source: Streetwise Reports 07/31/2019 Enphase Energy’s shares are surging by more than 30% today after releasing strong growth and earnings for Q2/19. Global solar energy technology firm and major supplier of solar microinverters Enphase Energy Inc. (ENPH:NASDAQ) announced financial results for the second quarter of 2019 yesterday after markets closed. The company reported revenue of

Source: Streetwise Reports 07/31/2019 The rationale and an explanation of the downgrade are discussed in a CIBC report. In a July 29 research note, analyst Dave Popowich reported that CIBC reiterated its Outperformer rating on Vermilion Energy Corp. (VET:TSX) because it “consistently ranks among the highest netback producers in our coverage universe.” However, CIBC’s “conviction

Source: Peter Epstein for Streetwise Reports 07/30/2019 In this interview, CEO Philip Thomas of A.I.S. Resources discusses his company’s prospects in the lithium and manganese sectors with Peter Epstein of Epstein Research. A.I.S. Resources Ltd. (AIS:TSX.V) is a lithium brine exploration and development company with projects in Argentina, and is setting up a potentially lucrative

Source: Clive Maund for Streetwise Reports 07/29/2019 Technical analyst Clive Maund explains why he is bearish on oil and what could alter that outlook. A commodity that will certainly not do well in a recession/depression is oil. So much capacity has been brought on-stream in recent years, particularly in the U.S., that in any economic

Source: Streetwise Reports 07/28/2019 A Raymond James report indicates how it expects market conditions to affect margins of this Texas-based company in H2/19. In a July 22 research note, analyst Praveen Narra reported that Raymond James lowered its target price on Halliburton Co. (HAL:NYSE) to $37 per share from $39 (the current share price is

Source: Streetwise Reports 07/25/2019 Brian Ostroff, a partner at Windermere Capital, in this interview with Streetwise Reports, discusses three companies in his portfolio that he believes are poised to benefit from the rise in commodity prices. Streetwise Reports: Brian, you are a partner in Windermere Capital. Would you give us a brief introduction to the