Angela Merkel’s clean-energy push may turn out to be less ‘green’ than expected for bondholders caught up in the upheaval of Germany’s energy industry.
In the latest redrawing of the power map as the nation moves away from nuclear and fossil fuels, EON SE will take over Innogy SE from rival RWE AG, along with 850 million euros ($1 billion) of green bonds sold by Innogy Finance BV in October to finance wind farms.
The green credentials of those bonds are now up in the air, according to the firm which gave the securities their environmentally-friendly label.
“Should an issuer undergo a significant organizational change such as a merger or an acquisition, Sustainalytics would reevaluate its second party opinion on the green bond, including the new firm’s sustainability strategy,” a spokeswoman for the research and ratings provider told Bloomberg News by email.
Top Energy Stocks To Buy Right Now: Halliburton Company(HAL)
Advisors' Opinion:- [By ]
Energy sector earnings season starts rolling later this week, and as always, the party will kick off with the so-called big three oilfield services providers: Schlumberger Ltd. (SLB) , General Electric Co.'s (GE) Baker Hughes (BHGE) , and Halliburton Co. (HAL) .
- [By ]
You've heard all about the bottlenecks in domestic distribution. Now, you've heard Secretary Mnuchin talk about production. Still, we have to get this stuff to market. When it comes to energy, I have focused on oil services, hence my well-known long positions in both Action Alerts PLUS holding Schlumberger (SLB) , and Halliburton (HAL) .
- [By Joseph Griffin]
Mckinley Capital Management LLC Delaware grew its position in shares of Halliburton (NYSE:HAL) by 68.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,626 shares of the oilfield services company’s stock after purchasing an additional 2,689 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Halliburton were worth $311,000 as of its most recent filing with the SEC.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Halliburton (HAL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By ]
That investment would likely benefit both Schlumberger and Baker Hughes, but more so their competitor Halliburton Co. (HAL) , which is the most levered to the North American market among the big three oil services providers.
Top Energy Stocks To Buy Right Now: Woodward, Inc.(WWD)
Advisors' Opinion:- [By Ethan Ryder]
Plug Power (NASDAQ: PLUG) and Woodward (NASDAQ:WWD) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, institutional ownership, profitability, valuation and earnings.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Woodward, Inc.Common Stock (WWD)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Energy Stocks To Buy Right Now: Oceaneering International, Inc.(OII)
Advisors' Opinion:- [By Shane Hupp]
ValuEngine upgraded shares of Oceaneering International (NYSE:OII) from a hold rating to a buy rating in a research report released on Friday.
Several other equities research analysts have also recently issued reports on the company. Wells Fargo & Co reiterated a market perform rating on shares of Oceaneering International in a report on Saturday, June 2nd. Goldman Sachs Group upgraded Oceaneering International from a neutral rating to a buy rating and set a $29.00 price objective on the stock in a report on Monday, May 14th. Zacks Investment Research upgraded Oceaneering International from a sell rating to a hold rating in a report on Thursday, May 3rd. Barclays set a $20.00 price objective on Oceaneering International and gave the stock a hold rating in a report on Sunday, April 29th. Finally, Royal Bank of Canada lifted their price objective on Oceaneering International to $26.00 and gave the stock an outperform rating in a report on Monday, April 30th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. Oceaneering International has an average rating of Hold and an average price target of $22.85.
- [By Logan Wallace]
Cypress Energy Partners (NYSE: CELP) and Oceaneering International (NYSE:OII) are both oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, risk, valuation, institutional ownership, earnings and profitability.
- [By Benzinga News Desk]
Shari Redstone is one “disloyal” media heiress, according to CBS (NYSE: CBS): Link
ECONOMIC DATA US Initial Jobless Claims for May 18 234.0K vs 220.0K Est; Prior 222.0K. US Continuing Claims for May 11 1.74M vs 1.75M Est; Prior 1.71M Existing home sales report for April will be released at 10:00 a.m. ET. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is schedule for release at 10:30 a.m. ET. Atlanta Fed President Raphael Bostic will speak at 10:35 a.m. ET. The Treasury is set to auction 7-year notes at 1:00 p.m. ET. The Kansas City Fed manufacturing index for May will be released at 11:00 a.m. ET. Philadelphia Federal Reserve Bank President Patrick Harker is set to speak at 2:00 p.m. ET. Data on money supply for the latest week will be released at 4:30 p.m. ET. ANALYST RATINGS UBS upgrades Deere (NYSE: DE) from Neutral to Buy Wells Fargo upgrades Oceaneering (NYSE: OII) from Market Perform to Outperform Canaccord downgrades Vermillion (NASDAQ: VRML) from Buy to Hold Wedbush downgrades Karyopharm Therapeutics (NASDAQ: KPTI) from Outperform to NeutralThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Oceaneering International (OII)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Oceaneering International (NYSE:OII) shot up 3.5% on Monday . The stock traded as high as $24.97 and last traded at $23.65. 84,481 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,156,536 shares. The stock had previously closed at $24.52.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Oceaneering International (OII)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Energy Stocks To Buy Right Now: NOW Inc.(DNOW)
Advisors' Opinion:- [By Shane Hupp]
Shares of DistributionNOW (NYSE:DNOW) have been given an average rating of “Hold” by the fourteen ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.50.
- [By Logan Wallace]
National Oilwell Varco (NYSE: NOV) and DistributionNOW (NYSE:DNOW) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, institutional ownership, valuation and profitability.
- [By Logan Wallace]
ValuEngine upgraded shares of DistributionNOW (NYSE:DNOW) from a strong sell rating to a sell rating in a report published on Friday.
A number of other research analysts have also recently commented on the company. TheStreet upgraded DistributionNOW from a d+ rating to a c rating in a research note on Wednesday, May 16th. Stifel Nicolaus boosted their price objective on DistributionNOW from $13.00 to $15.00 and gave the stock a buy rating in a research note on Thursday, May 3rd. Cowen restated a market perform rating and set a $11.00 price objective (up previously from $9.00) on shares of DistributionNOW in a research note on Thursday, May 3rd. Susquehanna Bancshares set a $11.00 price objective on DistributionNOW and gave the stock a hold rating in a research note on Friday, April 13th. Finally, Credit Suisse Group restated a neutral rating and set a $10.00 price objective (down previously from $12.00) on shares of DistributionNOW in a research note on Tuesday, February 27th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $13.00.
- [By Stephan Byrd]
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
Get Alaska Air Group alerts: 68 percent of flight attendants say they have experienced sexual harassment on the job (finance.yahoo.com) ValuEngine Lowers Alaska Air Group (ALK) to Sell (americanbankingnews.com) Enamoring Five Stocks: Fitbit, Inc. (NYSE:FIT), Alaska Air Group, Inc. (NYSE:ALK), NOW Inc. (NYSE:DNOW), Leidos … (thestreetpoint.com) Average True Range under Trader’s Radar �� Alaska Air Group (NYSE: ALK) (stocktradingdesk.com) Undertaking Stocks: Incyte Corporation (NASDAQ:INCY), Alaska Air Group, Inc. (NYSE:ALK), Innoviva, Inc. (NASDAQ … (journalfinance.net)ALK has been the topic of a number of recent analyst reports. Morgan Stanley set a $78.00 price objective on Alaska Air Group and gave the stock a “buy” rating in a report on Friday, February 23rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price objective (down previously from $115.00) on shares of Alaska Air Group in a report on Wednesday, January 10th. Buckingham Research dropped their price objective on Alaska Air Group from $90.00 to $88.00 and set a “buy” rating on the stock in a report on Friday, January 26th. TheStreet lowered Alaska Air Group from a “b-” rating to a “c+” rating in a report on Monday, April 2nd. Finally, Barclays lowered Alaska Air Group from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $90.00 to $80.00 in a report on Wednesday, January 10th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $85.00.
Top Energy Stocks To Buy Right Now: Baytex Energy Corp(BTE)
Advisors' Opinion:- [By Max Byerly]
Baytex Energy (NYSE: BTE) and Pioneer Energy Services (NYSE:PES) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, valuation, risk and dividends.
- [By Dan Caplinger]
Wall Street continued its downward streak on Monday, with the Dow Jones Industrial Average falling more than 100 points. Most major benchmarks fell more modestly, with a few actually poking into positive territory on the day. Trade-sensitive stocks were among the weakest as investors focused on uncertainty related to tariff disputes between the U.S. and China. But for some other companies, bad news of a different sort was responsible for the drops in their shares. Biogen (NASDAQ:BIIB), Baytex Energy (NYSE:BTE), and Catalyst Biosciences (NASDAQ:CBIO) were among the worst performers on the day. Here's why they did so poorly.
- [By Logan Wallace]
Baytex Energy (TSE:BTE) (NYSE:BTE) had its price target raised by equities researchers at TD Securities from C$4.50 to C$5.50 in a report issued on Friday. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target points to a potential downside of 0.90% from the company’s current price.
- [By Shane Hupp]
BitSerial (CURRENCY:BTE) traded 4.5% lower against the US dollar during the 1-day period ending at 17:00 PM E.T. on May 27th. During the last seven days, BitSerial has traded down 22.8% against the US dollar. One BitSerial token can now be bought for about $0.0038 or 0.00000052 BTC on major exchanges. BitSerial has a total market capitalization of $0.00 and $37.00 worth of BitSerial was traded on exchanges in the last day.
Top Energy Stocks To Buy Right Now: EQT Corporation(EQT)
Advisors' Opinion:- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was EQT Corp. (NYSE: EQT) which rose about 10% to $53.35. The stock��s 52-week range is $43.70 to $67.84. Volume was nearly 11 million compared to the daily average volume of 3.6 million.
- [By Stephan Byrd]
EquiTrader (CURRENCY:EQT) traded up 6.5% against the U.S. dollar during the one day period ending at 23:00 PM ET on June 3rd. One EquiTrader coin can now be purchased for $0.13 or 0.00001662 BTC on popular cryptocurrency exchanges including CryptoBridge, Cryptopia and CoinExchange. EquiTrader has a market cap of $1.37 million and approximately $1,213.00 worth of EquiTrader was traded on exchanges in the last 24 hours. During the last seven days, EquiTrader has traded 8.8% higher against the U.S. dollar.
- [By Shane Hupp]
Stifel Financial Corp lessened its stake in EQT Co. (NYSE:EQT) by 10.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 175,489 shares of the oil and gas producer’s stock after selling 19,992 shares during the quarter. Stifel Financial Corp’s holdings in EQT were worth $8,353,000 at the end of the most recent reporting period.
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