The Energy Report

Source: Peter Epstein for Streetwise Reports 05/23/2019 If the agreement to get the North American cobalt refinery up and running is finalized, sector expert Peter Epstein believes it could be transformative for the Canadian company and its investors. This is big, really big. I can’t say it’s a surprise that Glencore AG might want to […]

Source: Streetwise Reports 05/23/2019 The likely reasons for this energy company’s recent stock activity and underperformance are discussed in a Stifel report. In a May 17 research note, Stifel analyst Derrick Whitfield reported that a recent selloff and roughly 30% relative underperformance of Roan Resources Inc.’s (ROAN:NYSE) stock translate into a buying opportunity for investors.

Source: Streetwise Reports 05/21/2019 The energy company noted that the response so far is encouraging. Torchlight Energy Resources Inc. (TRCH:NASDAQ) announced in a news release its efforts to date to attract acquisition interest in its Orogrande Basin assets. Since starting the process in April, management made seven individual presentations to major publicly traded industry corporations

Source: Streetwise Reports 05/19/2019 The energy company’s expectations for the year are addressed in a Raymond James report. In a May 16 research note, analyst John Freeman reported that Raymond James reiterated its Outperform rating on SM Energy Co. (SM:NYSE) after updating its model on the company to incorporate its latest update and management’s comments.

Source: Streetwise Reports 05/17/2019 This company’s solid Q1/19 and growth potential were discussed in an iA Securities report. In a May 13 research note, iA Securities analyst Jeremy Rosenfield reported that Enbridge Inc. (ENB:NYSE; ENB:TSX) had a good start to 2019, with its Q1/19 results coming in above expectations. “Solid performance across all business segments”

Source: Streetwise Reports 05/16/2019 The details and effects of the plan, which is in negotiation as part of a Chapter 11 bankruptcy, were explored in a Raymond James report. In a May 12 research note, Raymond James analyst Praveen Narra reported that as part of its Chapter 11 bankruptcy, Weatherford International Ltd. (WFT:NYSE) entered negotiations

Source: Streetwise Reports 05/16/2019 The uranium market has been in a long dormant period, but one Canadian company has used the opportunity to pick up assets. From his office in Vancouver, British Columbia, Jordan Trimble oversees the operation of Skyharbour Resources Ltd.’s (SYH:TSX.V; SYHBF:OTCQB) uranium assets in Saskatchewan’s Athabasca Basin—the world’s most reliable source of

Source: Streetwise Reports 05/10/2019 Thoughts on the latest development and answers to some related lingering questions are provided in a Raymond James report. In a May 9 research note, Raymond James analyst Pavel Molchanov reported that Chevron Corp. (CVX:NYSE) bowed out of the acquisition battle for Anadarko precipitated by Occidental in early April. “With today’s

Source: Streetwise Reports 05/10/2019 This oil and gas firm’s latest news and future catalysts were covered in a Mackie Research Capital Corp. report. In a May 8 research note, Mackie Research analyst Bill Newman reported that Pan Orient Energy Corp.’s (POE:TSX.V) four wells in the L53-DD field began stable production on April 27, 2019. He

Source: Peter Epstein for Streetwise Reports 05/08/2019 Peter Epstein of Epstein Research explains why he believes this cobalt company could thrive despite the currently low cobalt price. The cobalt price continues to languish below US$20/lb. This is an unexpected development given that last year the price was at or >$40/lb for much of March, April