The Energy Report

Source: Michael Ballanger for Streetwise Reports 04/27/2020 Though sector expert Michael Ballanger’s focus is on the precious metals, given current market conditions he sees potential in oil as well. Before I get started on my weekly commentary, I want to thank you all for the waterfall of responses to A Boomer’s Plea posted last weekend, […]

Source: McAlinden Research for Streetwise Reports 04/22/2020 With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread

Source: Streetwise Reports 04/21/2020 Shares of Energous Corp. skyrocketed after the company reported that it received certification from the FCC for its new, “groundbreaking” over-the-air, power-at-a-distance wireless charging WattUp® technology. Energous Corp. (WATT:NASDAQ) announced today that it has received a FCC certification under Part 18 for WattUp®, its new advanced over-the-air wireless charging transmitter. The

Source: Streetwise Reports 04/17/2020 The status and potential implications of this deal involving BP as the seller are discussed in a Raymond James report. In an April 13 research note, Raymond James analyst Pavel Molchanov wrote that the pending sale of BP Plc’s (BP:NYSE; BP:LSE) Alaska assets to Hilcorp “is looking dicey.” The transaction, announced

Source: Peter Epstein for Streetwise Reports 04/10/2020 With the recent 22% rise in the price of uranium, Peter Epstein of Epstein Research considers the upside for Skyharbour’s holdings in the Athabasca Basin. Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQB) is in a strong position to benefit from a rebound happening right now (finally!) in uranium prices. The

Source: McAlinden Research for Streetwise Reports 04/08/2020 With onshore storage becoming increasingly scarce, the volume of oil being stored on ships will continue to rise, delivering a once-in-a-generation opportunity for oil tankers, according to McAlinden Partners. The oil market flipped into contango in January, indicating an oversupply of the commodity. On January 30, while February

Source: Maurice Jackson for Streetwise Reports 04/07/2020 Jordan Trimble of Skyharbour Resources lays out the reasons why the uranium bear market is coming to an end, and why his company is poised to take advantage of the upturn, in this conversation with Maurice Jackson of Proven and Probable. Maurice Jackson: Today we highlight a preeminent

Source: Streetwise Reports 04/02/2020 Shares of WPX Energy traded 25% higher after President Trump tweeted that he expected a deal between Russia and Saudi Arabia to scale back oil production. Today, just about every firm in the oil industry received a giant boost after President Trump tweeted that he expected Russia and Saudi Arabia to

Source: Streetwise Reports 04/02/2020 This project, along with two other new projects, increases the company’s order backlog by 65%. UGE International Ltd. (UGE:TSX.V; UGEIF:OTCQB) announced the signing of an agreement for its largest U.S. project ever, a 6.6 MW project in Westchester County, New York. Located on a corporate campus, the project will feed energy