Solar stocks are beating the S&P 500 year-to-date. The energy industry has undergone sizable shifts since the start of the second Trump Administration. Incentives and tax credits established during the Biden presidency have been rolled back, tariffs have been placed on imported solar panels, and fossil fuels have been prioritized...
Government seeks alternative payment methods as fuel crisis worsens Bolivia’s state-run oil company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), will begin using cryptocurrency to pay for fuel imports following government approval. The decision comes as the country faces a severe shortage of U.S. dollars, hindering its ability to sustain fuel subsidies...
Constellation is buying Calpine in one of the largest energy deals ever. Constellation Energy (NASDAQ:CEG) stock was moving on Friday, rising some 25% after the energy company announced that it is acquiring Calpine Corp., a leading natural gas energy company. The Baltimore-based company is the largest provider of clean energy...
Renewable energy stocks in the UK and elsewhere have considerable potential to perform well, driven by the push to combat climate change. Some of the efforts are paying off, as the UK reached a turning point last year. For the first time ever, the country was using more low-carbon renewable...
With winter almost here, homeowners can take advantage of a federal tax credit to keep their homes warm. Homeowners can claim the Energy Efficient Home Improvement tax credit of up to $3,200 per year for qualified energy-efficient improvements made to their homes after Jan. 1, 2023. Eligible homeowners can claim...
The merger between energy giant Exxon Mobil (NYSE:XOM) and Pioneer Natural Resources (NYSE:PXD) is easily the biggest U.S. energy-industry deal this year, and perhaps even in your lifetime and mine. Pioneer Natural Resources specializes in shale-oil drilling in America's petroleum-rich Permian Basin region. Once considered rivals in the traditional-driller-versus-shale dynamic,...
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Energy Stocks Lead Energy stocks are now reasserting their market leadership after gasoline prices in August rose 10.5% in the CPI and a whopping 20% in the PPI. This is due to an acute inventory decline. Furthermore,...
Key Points As the world realizes that the future of energy will need to rely more and more on the advanced propositions made by nuclear power, investors would benefit greatly from considering an investment in space. These are the three most prominent U.S. energy firms exposed to the future investment...
Can you name America’s oil king? It’s Texas, of course. Roughnecks pull 4X more “black gold” out of the ground there than in New Mexico, in second place. Texas is also America’s “green” energy capital. It produces more solar and wind power than any other state. Thing is, there’s a...
In his podcast addressing the markets today, Louis Navellier offered the following commentary. If you wish to listen to this commentary, please click here. Blaming Energy Prices Higher energy prices will be blamed for the August CPI, so I do not expect the Fed to increase key interest rates at...
Key Points Saudi Arabia and Russia are extending production cuts, with Goldman Sachs predicting oil prices could reach $107 next year. Baker Hughes, a drilling and production services company, leads the machinery and equipment sector. Diamondback Energy and Pioneer Natural Resources are top performers in the oil and gas exploration and...
Following is the unofficial transcript of a CNBC interview with Democratic Presidential Candidate Robert F. Kennedy Jr. on CNBC’s “Last Call” (M-F, 7PM-8PM ET) today, Wednesday, August 30. Following is a link to video of the full interview on CNBC.com. Interview With Democratic Presidential Nominee Robert F. Kennedy Jr. Part...
Norway, Canada, Australia and the US are top performers due to diverse mix of energy sources and high self sufficiency Belarus and Lebanon rank at the bottom as both countries lack resources and struggle with energy efficiency Singapore and Hong Kong rank in bottom 10 because of high dependence on...
NextEra Energy Inc. (NYSE:NEE) is 1 of the world’s leading renewable energy producers, and it can electrify an income portfolio. The company has demonstrated an ability to grow its capacity, revenue base, and earnings while supporting healthy dividend growth that it is committed to continue. Key Points NextEra Energy Partners...
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Four Strong Sectors The damage to the seven largest capitalization stocks in the NASDAQ 100 (QQQ) appeared to happen last Friday since most of these stocks opened stronger this week. The other 93 stocks in the QQQ...