Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
What’s Next: Bob Iger vs. Brian Roberts. Well-placed sources tell me Disney and 21st Century Fox are scheming a counter-counter offer for Sky now that Comcast has officially made its bid for the British broadcaster. What remains to be seen is whether Disney will cut out Fox as the middle man and lead the pitch itself.
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November has been a bad month for Clean Energy Fuels (NASDAQ:CLNE). The natural gas refueling company has lost around 10% of its value this month, with most of the decline coming after the company released mixed third-quarter results. I am saying mixed because Clean Energy had missed the top line estimate by around 6.5%, even though it trumped the earnings estimate by $0.02 per share.
The Conference Board has released its reading on consumer confidence for February. The 130.8 figure was up 6.5 points 124.3 in January. Consensus estimates had been 127.0 from Dow Jones (Wall Street Journal) and 126.4 from Bloomberg.
What stands out about this report is that the cutoff date for the preliminary results was February 15. That means the people surveyed had already seen the panic....More>>>
Related MGM Vegas Strip Revenue Slumps In July Callaway's Stake In TopGolf Nearly Doubles In A Year, Now Worth $400 Million This Casino Giant Breaks Out As Typhoon Can't Stop Macau Gaming (Investor’s Business Daily)
Related SEAS Resurrected: Zombie Headlines And How Old News Can Move Stocks ....More>>>
Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications than you might be seeing. Simply following “the herd” without....More>>>
March 20, 2017: Markets opened slightly lower Monday and traded close to the break-even line all day. Leading indicators and consumer sentiment readings were both strong. Only the materials sector traded high late in the afternoon while energy and utilities were the laggards. The blue chips were performing best. WTI crude oil for April delivery settled at $48.22 a barrel, down 1.2% on the day. April....More>>>
Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many....More>>>
Last Thursday Callon Petroleum (CPE) announced a $570 million all-cash deal to a 28,657 net surface acre addition to its Spur play in the Delaware Basin. The seller, Cimarex (XEC), estimates the acreage's Q1 2018 net production was 6,831 boe/d (~73% oil). The acreage is 90% held by production
The northern Delaware Basin continues to see better well results. It is our favorite US play. Given the deeper intervals and less traffic, it has much more upside than the Midland Basin. We have stated that the northern Delaware core stretches further north than anticipated. Neil Dingmann of Sun
Diamondback Energy (NASDAQ:FANG) – Equities researchers at Seaport Global Securities increased their FY2018 EPS estimates for Diamondback Energy in a research report issued to clients and investors on Tuesday, May 15th. Seaport Global Securities analyst M. Kelly now anticipates
Analysts predict that Diamondback Energy (NASDAQ:FANG) will post $458.33 million in sales for the current quarter, Zacks reports. Fourteen analysts have made estimates for Diamondback Energy’s earnings. The highest sales estimate is $508.00 million and the lowest is $410.00 million. Diamon
Diamondback Energy (NASDAQ:FANG) declared a special dividend on Wednesday, May 9th, Wall Street Journal reports. Investors of record on Monday, May 21st will be paid a dividend of 0.125 per share by the oil and natural gas company on Tuesday, May 29th. The ex-dividend date of this dividend is F