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Energy News and Commentary

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Wed, May 15th, 2024
1 Natural Gas Stock That's Keeping the Lights On in Europe

Europe no longer gets much natural gas from Russia. That country's Gazprom has been replaced by one company from Norway that is now supplying 30% of Europe's gas at a higher price than Russian gas. That...

EQNR : 28.08 (-0.21%)
LNG : 156.24 (-0.75%)
NGM24 : 2.421 (+3.28%)
Crude Recovers Early Losses on Dollar Weakness and a Fall in EIA Inventories

June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude...

CLM24 : 78.83 (+1.04%)
RBN24 : 2.4896 (+1.55%)
Schlumberger Stock Outlook: Is Wall Street Bullish or Bearish?

Although Schlumberger has underperformed the broader market YTD, Wall Street analysts are optimistic about the stock’s rebound potential.

SLB : 48.27 (-0.72%)
$SPX : 5,303.18 (+1.08%)
IEZ : 23.01 (-0.32%)
Are Wall Street Analysts Predicting Kinder Morgan Stock Will Climb or Sink?

Despite lagging behind the broader market in the past year, Wall Street analysts remain moderately optimistic about Kinder Morgan's prospects.

KMI : 19.48 (+0.36%)
$SPX : 5,303.18 (+1.08%)
XLE : 93.58 (-0.13%)
Down 15% YTD, Is This Small-Cap Uranium Stock Undervalued?

Shares of Energy Fuels stock are down 15% in 2024, and trade 47% below all-time highs. Is this small-cap uranium stock undervalued?

UUUU : 6.16 (+1.15%)
UXM24 : 91.10s (unch)
Concern About Possible Higher OPEC+ Crude Production Weighs on Crude Prices

June WTI crude oil (CLM24 ) on Tuesday closed down -1.10 (-1.39%), and June RBOB gasoline (RBM24 ) closed down -5.09 (-2.03%). Crude oil and gasoline prices closed moderately lower Tuesday, with gasoline...

CLM24 : 78.83 (+1.04%)
RBN24 : 2.4896 (+1.55%)
DXY00 : 104.338 (-0.64%)
Nat-Gas Prices Give Up Early Gains on a Mixed Weather Outlook

June Nymex natural gas (NGM24 ) on Tuesday closed down -0.037 (-1.55%). June nat-gas prices on Tuesday fell back from a 3-1/2 month nearest-futures high and posted moderate losses as a mixed weather outlook...

NGN24 : 2.634 (+2.93%)
Is Wall Street Bullish or Bearish on NextEra Energy Stock?

NextEra Energy has lagged behind the broader market in the past year, yet Wall Street analysts remain cautiously optimistic about its prospects.

NEE : 77.02 (+2.12%)
$SPX : 5,303.18 (+1.08%)
XLU : 72.45 (+1.39%)
Is Wall Street Bullish or Bearish on AES Corporation Stock?

AES Corporation has underperformed the broader market YTD, but Wall Street analysts are highly optimistic about the stock’s prospects.

AES : 21.22 (+4.43%)
$SPX : 5,303.18 (+1.08%)
XLU : 72.45 (+1.39%)
Crude Prices Undercut by Concern Some OPEC+ Members Want to Boost Production

June WTI crude oil (CLM24 ) this morning is down -1.16 (-1.47%), and June RBOB gasoline (RBM24 ) is down -5.37 (-2.14%). Crude oil and gasoline prices this morning are moderately lower, with gasoline falling...

CLM24 : 78.83 (+1.04%)
RBN24 : 2.4896 (+1.55%)

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Michael Burry is back! This time he’s loading up on $10 million worth of physical gold $PHYS https://t.co/GilsdgaDZR
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Credit Card Delinquencies rise to highest level in more than a decade 👀 https://t.co/xjofsQqlDJ
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Greed returns to the Stock Market for the first time since April 11! Yesssss, we did it 🥳🤑🫰 https://t.co/q5NbyGH61y
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Nvidia $NVDA surging to highest price since March https://t.co/RAcT4K6ygi
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Come on WSJ, don't do this to Buffett 😂 https://t.co/kNM77R8kKO
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S&P 500 $SPX hits all-time high 🚨 https://t.co/h3obRYHDtM
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BREAKING 🚨: GameStop $GME now down more than 30% on the day https://t.co/A3XneF0dLB https://t.co/fmLBGXUe4Y
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Ooops 🤦‍♂️😂 https://t.co/iWVJwHxiS3
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U.S. Dollar Index $DXY falling to its lowest level in more than a month https://t.co/iHtBAf93M7
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AMC Entertainment $AMC options volume is still well short of what it was during the 2021 Meme Mania https://t.co/vjQ2MxZqAj

Chart of the Day

Universal Stainles (USAP)

The Chart of the Day belongs to basic metals company Universal Steel & Alloy (USAP) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...
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