Big Oil is losing faith in President Donald Trump’s pledges to build the U.S. into a self-reliant energy superpower.
Top executives from Exxon Mobil Corp., Chevron Corp. and Total SA all took shots at Trump’s trade plans at the World Gas Conference in Washington, expressing concern that U.S. tariffs are a risk to oil and gas demand, and that restrictions on importing steel could impede one of the country’s fastest-growing major industries. An executive from BP Plc targeted Trump’s plan to “bail out” unprofitable coal and nuclear power plants.
Best Energy Stocks To Invest In 2019: Independence Contract Drilling, Inc.(ICD)
Advisors' Opinion:- [By Ethan Ryder]
Independence Contract (NYSE: ICD) and Pacific Drilling (OTCMKTS:PACDQ) are both small-cap oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, dividends and profitability.
Best Energy Stocks To Invest In 2019: Euro FX(P)
Advisors' Opinion:- [By Stephan Byrd]
Pandora Media Inc (NYSE:P) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 61,707,852 shares, a decline of 13.7% from the April 30th total of 71,509,016 shares. Based on an average trading volume of 13,506,224 shares, the short-interest ratio is presently 4.6 days. Approximately 25.0% of the shares of the stock are sold short.
- [By Rick Munarriz]
The beat and the beats go on at�Pandora (NYSE:P). Shares of the streaming music icon soared 26% after posting blowout financial results. A pair of analysts would go on to upgrade the stock, and a third Wall Street pro joined them in jacking up price targets on the shares.
- [By Chris Lange]
Pandora Media, Inc. (NYSE: P) released its most recent quarterly results after markets closed Wednesday. The company said that it had a net loss of $0.21 per share on $395.3 million in revenue, compared with consensus estimates from Thomson Reuters that called for a net loss of $0.07 per share on $376.43 million in revenue. The fourth quarter from last year had a net loss of $0.13 per share and $392.6 million in revenue.
- [By Timothy Green]
Music-streaming company Pandora (NYSE:P) finally launched an on-demand subscription service in early 2017. Pandora Premium, priced at $9.99 per month, directly competes with Spotify and Apple Music. The company's goal is to convert a significant chunk of its ad-supported listener base into subscribers. In addition to the new on-demand service, Pandora offers an ad-free version of its core internet radio experience for $4.99 per month.
- [By Chris Lange]
Pandora Media Inc. (NYSE: P) is set to release its most recent quarterly results Wednesday. The consensus forecast is for a net loss of $0.08 per share and $375.82 million in revenue. Shares ended the week at $5.16 apiece. The consensus price target is $7.85, and the 52-week range is $4.09 to $13.72.
- [By Steve Symington]
Shares of Pandora Media Inc. (NYSE:P) jumped 21.2% on Friday after the music-streaming specialist announced better-than-expected first-quarter 2018 results.
Best Energy Stocks To Invest In 2019: Yuma Energy, Inc.(YUMA)
Advisors' Opinion:- [By Lisa Levin]
Breaking news
Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) disclosed that it received the FDA approval for Calcium Chloride injection. Rapid7, Inc. (NASDAQ: RPD) reported a proposed offering of 3 million shares. Yuma Energy Inc (NYSE: YUMA) reported a Q1 loss of $0.16 per share on sales of $5.646 million. The company also disclosed that it is actively seeking strategic alternatives. NiSource Inc. (NYSE: NI) disclosed a 24.96 million share common stock offering via selling holders. - [By Lisa Levin]
Shares of Yuma Energy, Inc. (NYSE: YUMA) were down 60 percent to $0.4520 after the company late Friday reported it was not in compliance with its debt to EBITDAX covenant and announced limited liquidity levels. The company also reported Q1 earnings down year-over-year and disclosed that it is exploring strategic alternatives.
Best Energy Stocks To Invest In 2019: Suncor Energy Inc.(SU)
Advisors' Opinion:- [By Matthew DiLallo]
Last week, the biggest news out of the oil patch was that OPEC agreed to hike its output by 1 million barrels per day (BPD) starting next month. That announcement drove oil prices higher because OPEC didn't boost production as much as some thought it might. However, while that news grabbed headlines, an under-the-radar report about issues at Suncor Energy's (NYSE:SU) Syncrude oil sands facility in Canada could have an even bigger impact on oil prices in the U.S. over the next few months.
- [By Ethan Ryder]
Shares of Schneider Electric SE (EPA:SU) have earned a consensus recommendation of “Buy” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is €81.00 ($94.19).
- [By Stephan Byrd]
Addenda Capital Inc. increased its holdings in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 97.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,121,057 shares of the oil and gas producer’s stock after purchasing an additional 1,536,736 shares during the quarter. Suncor Energy accounts for about 4.4% of Addenda Capital Inc.’s investment portfolio, making the stock its 5th largest holding. Addenda Capital Inc. owned approximately 0.19% of Suncor Energy worth $117,176,000 at the end of the most recent quarter.
- [By Max Byerly]
Suncor Energy (TSE:SU) (NYSE:SU) had its price target upped by Raymond James from C$60.00 to C$61.00 in a research report report published on Tuesday.
Best Energy Stocks To Invest In 2019: ENSERVCO Corporation(ENSV)
Advisors' Opinion:- [By Logan Wallace]
Enservco (NYSEAMERICAN:ENSV) will be issuing its quarterly earnings data before the market opens on Wednesday, May 9th.
Enservco (NYSEAMERICAN:ENSV) last issued its earnings results on Thursday, March 22nd. The oil and gas producer reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.03). Enservco had a negative return on equity of 89.94% and a negative net margin of 43.71%. The business had revenue of $14.13 million during the quarter.
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