Icahn Enterprises (IEP) has had an interesting week, as the stock is currently up 20% in today’s trading session Friday. But, the stock tanked more than 45% earlier in the week. This came after the company was the latest victim to be targeted by Hindenburg - a short seller with a history of releasing [...]
TORM plc, Inc. (TRMD) is a London-based global carrier of energy and clean petroleum products with a market cap of $2.81 billion that has been trading on the Nasdaq since mid-2018. Their fleet of product tankers transports gasoline, naphtha, diesel, and jet and fuel oil that keep businesses across the world operating efficiently, safely, [...]
Although SolarEdge's stock (SEDG) is up nearly 10% in 2023, it took a hit following the release of its fourth-quarter results. Analysts expected fourth-quarter earnings of $1.54 a share on revenue of $880 million, but SEDG outperformed, reporting adjusted earnings of $2.86 a share on $890 million in revenue. This marked a 58% increase [...]
Chevron (CVX) announced Wednesday after trading hours that the company has approved a stock buyback program along with a dividend hike. After an incredible year for the energy sector as a whole - and Chevron as a company - they are investing in themselves and giving back to shareholders. The energy giant has been [...]
While the market is closed this morning on MLK day, the week still started off with a bang as Broadwind Energy (BWEN) soared 27% by 12pm EST. And while this was enough to get many investors to buy in and ride the wave, this is just part of a larger overall trend that’s been [...]
On Thursday, September 28, LNG had a huge up day with a $10.60 gain (6.95%) after hitting an intraday low of $147.70 on September 26. The high for the year was on September 14 at $178.62. The closing price pierced its 50-day moving average and closed well above it. Over the past year, energy-related [...]
With interest rates soaring, investors are looking for safe stocks to invest in. Back in 1981, Warren Buffett’s advice for times like these is to look for companies that: Can increase their prices quickly and easily to keep up with inflation/interest rates Can take on new/more business without having to invest heavily By keeping [...]
