Warrior Met Coal, Inc. (HCC) is a key player in the metallurgical coal industry, specializing in the extraction and processing of high-quality coal used primarily in steel production. The company operates two underground mines in Alabama, producing coal that is shipped worldwide to steel manufacturers. This type of coal, known as “met coal” or “coking […]
Read MoreNX Resources Corporation (CNX) is a leading energy company that specializes in natural gas production. Headquartered in Canonsburg, Pennsylvania, CNX focuses on extracting, processing, and selling natural gas from the rich Marcellus and Utica Shale formations. The company is known for its commitment to operational efficiency and innovation in the energy sector. CNX’s primary products […]
Read More(Bloomberg) — Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the […]
Read MoreEnergy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,340 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. […]
Read MoreThis independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segments, Exploration and Production; and Midstream. MTDR $45.2500 1.0100 % 2.2800 Matador Resources Company Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP […]
Read More(Bloomberg) — The Texas power grid and the natural gas drillers, wind farms and solar arrays that supply it are facing their second test in less than a month as subzero weather bears down on the Lone Star state. Temperatures in wide swaths of the second-largest U.S. state are forecast to plunge to well below […]
Read MorePart of taking a smart, value-based approach to investing in the stock market involves keeping track of information on industry and economic trends that are likely to have broad residual impacts on market activity. One of the sectors that I think has a broad carryover effect on multiple other sectors in the economy is Energy, […]
Read More(Bloomberg) — It’s been a roller-coaster ride for natural gas this year, with most of the time spent climbing to newer heights. Spot contracts in Asia and Europe surged to a record, triggering factory closures and bankrupting energy retailers from Singapore to the U.K. Higher prices also meant storage facilities weren’t replenished as much as […]
Read MoreThe deeply impoverished South American country of Suriname, which has been sharply impacted by the COVID-19 pandemic, is hoping to replicate the hydrocarbon success being enjoyed by neighboring Guyana. While Suriname’s economy shrank by 16% during 2020 because of the fallout from the pandemic, Guyana’s gross domestic product soared by a massive 43.5% and the […]
Read MoreSometimes there are forces that affect a sector or industry in such a way that it creates a storyline that extends into not merely weeks, or months, but years. These can be positive or negative, but one of the things that I find interesting as an analyst is to look for those threads and try […]
Read MoreThe third quarter of 2021 closed on September 30th. The S&P 500 returned 1.4% for the quarter, and eight of eleven S&P 500 sectors posted a positive return. (Note that all returns discussed here are total returns, which include the effect of dividends paid). September was an especially bad month in the markets, with the […]
Read MoreEarnings season is here with us once again, with nearly 10% of S&P 500 companies having reported third-quarter 2021 earnings. According to FactSet data, 80% have reported actual EPS above estimates, with earnings coming in 14.7% above Wall Street estimates. No energy company has returned its Q3 2021 scorecard yet, but five are expected to […]
Read MoreLet’s imagine that a few years ago in early 2014 that Vladimir Putin had tossed a coin in a wishing well and asked for a more supportive market for Russian oil and gas, their chief source of foreign currency. A mere seven years ago, after the Russian invasion and takeover of Crimea, the country was […]
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