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Wednesday, February 1, 2023

Alex Kimani

3 Natural Gas Stocks To Watch As Prices Tank

Europe has just won the first part of its winter war, with warmer-than-expected weather helping the continent to avoid a full-blown energy and gas crisis. The region has just crossed the halfway point of its heating quarter, and even though wintry cond...

Windfall Taxes Sweep Through The Global Energy Sector

Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and gas companies doubled from 2021 to 2022. Those high oil and gas prices h...

Why Oil Won’t Trade Above $100 This Year

After an initial dip, the oil price rally has been a steady grind upwards in the current year, with the last 12 trading days seeing 10 days of higher intraday highs and 11 days of higher intraday lows. Brent is currently trading at $87.50 per barrel (a...

In Unexpected Swing, Germany’s Public Now Favors Nuclear Power

For decades, Germany has maintained a love-hate relationship with nuclear power. Currently, Germany has three existing nuclear reactors that produce ~6% of the country's power supply, a far cry from the 1990s when 19 nuclear power plants produced about...

5 Clean Energy Stocks To Watch Ahead Of Earnings Season

After a sizzling run amid the global energy transition, the renewable energy sector came unstuck in 2021 thanks to massive supply chain disruptions and steep valuations. The iShares Global Clean Energy ETF (ICLN), a catch-all bet on clean energy, finis...

Oilfield Services Shine As Energy Earnings Lift Off

We are in the early innings of the earnings season with just 11% of S&P 500 companies having reported Q4 2022 results. Once again, the energy sector is emerging as the class valedictorian, with the sector’s expected earnings growth of 59.3% for the qua...

Upstream Spending To Rise To $485 Billion In 2023

Over the past three years, the majority of U.S. energy companies have avoided spending big to expand production in the aftermath of the 2020 oil crisis, prioritizing returning more cash to shareholders in the form of dividends and share buybacks. Most ...

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