Tag #Energy Sector

Showing 49 to 60 of 61 results

theglobeandmail.com
🌐 85% Global Worthiness
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CPPIB Sells Calpine Stake in US$16.4 Billion Constellation Acquisition

CPPIB is selling its 15.75% stake in Calpine Corp. to Constellation Energy Corp. for US$2.6 billion (US$700 million cash and US$1.9 billion in stock) as part of Constellation's US$16.4 billion acquisition; this marks a substantial return on CPPIB's initial investment and positions Constellation as t...

Progress

48% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Story Stocks Soar: Tesla, MicroStrategy, and the Narrative-Driven Market

Tesla's stock soared 72% and MicroStrategy's 422% since the election, driven by narratives of political connections and Bitcoin investments, respectively, while the energy sector underperformed despite rising oil prices, highlighting the growing importance of storytelling in the stock market.

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52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 65% Global Worthiness
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Algonquin Power Stock Plummets 72%, Undergoes Restructuring

Algonquin Power & Utilities Corp.'s stock price has fallen 72 percent since February 2021 due to two 40 percent dividend cuts resulting from rising debt costs; the company is restructuring by selling assets to become a pure-play regulated utility, impacting earnings in the short term but offering po...

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48% Bias Score

Affordable and Clean Energy
forbes.com
🌐 75% Global Worthiness
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ConocoPhillips Stock Underperforms Market Despite Acquisition

ConocoPhillips' stock underperformed the market in 2024's first three quarters due to lower natural gas prices and increased costs, despite higher oil production; however, a recent acquisition is expected to boost future earnings and free cash flow.

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44% Bias Score

Climate Action
forbes.com
🌐 75% Global Worthiness
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Chevron Stock Underperforms Amidst Hess Acquisition Uncertainty

Chevron Corporation's stock, currently at $156, has increased by 10% in the past year, lagging behind the S&P 500 and Exxon Mobil due to investor uncertainty surrounding its $53 billion acquisition of Hess, which is facing potential legal challenges from Hess's partner, Exxon.

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40% Bias Score

Climate Action
cnbc.com
🌐 75% Global Worthiness
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Wall Street Analysts Highlight Top Dividend-Paying Stocks

Wall Street analysts recommend Chevron (CVX), Energy Transfer (ET), and Enterprise Products Partners (EPD) as top dividend-paying stocks based on strong Q3 2024 results, exceeding expectations and promising future growth, reflecting a broader trend of investors seeking income and diversification in ...

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Four Smaller Oil Stocks Outperform Majors Amidst Rising Oil Prices

The prices of four smaller oil stocks—Dorchester Minerals, Golar, Gulfport Energy, and ProPetro Holdings—have risen, reaching new or six-month highs, in correlation with a recent upward trend in oil prices, despite major oil companies lagging; this contrasts with the recent performance of major oil ...

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40% Bias Score

Affordable and Clean Energy
forbes.com
🌐 75% Global Worthiness
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2024 Energy Sector Predictions: A Mixed Bag

Five predictions for the 2024 energy sector, including U.S. oil production, WTI price, SPR replenishment, natural gas price, and energy sector return, yielded mixed results; U.S. oil production hit a record high, but other predictions were inaccurate due to factors like mild weather and investor sen...

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28% Bias Score

Affordable and Clean Energy
bbc.com
🌐 75% Global Worthiness
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Pensioner's Electricity Bill Inflated by 925% Due to Meter Reading Error

A 71-year-old County Londonderry pensioner's electricity bill showed a 925% increase and £1,003 in arrears due to an incorrect meter reading submitted by NIE Networks in August 2024; SSE Airtricity will issue a corrected bill.

Progress

40% Bias Score

Affordable and Clean Energy
kathimerini.gr
🌐 85% Global Worthiness
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HELLENiQ ENERGY Consolidates Greek Energy Market Control

HELLENiQ ENERGY finalized the purchase of Elpedison's remaining 50% stake for €164 million plus €31 million conditionally and is selling its 35% share in DEPA Commercial to the Greek state, aiming for a 10% market share in energy supply by 2026 through organic growth.

Progress

52% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 85% Global Worthiness
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Siemens Energy Stock Plunges 70% on Gamesa Wind Turbine Issues

Siemens Energy, spun off from Siemens AG in 2020, saw its stock price plummet over 70% in late 2023 due to significant cost overruns at its Gamesa wind turbine subsidiary, despite its other divisions performing well and rising demand for clean energy.

Progress

40% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
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Alberta's $88-billion Inactive Oil Well Cleanup Liability

Alberta's oil and gas sector spent over $1 billion cleaning up inactive wells in 2023, but this only reduced the number by 5 percent, leaving a massive $88-billion liability according to internal government documents, prompting calls for stricter regulations.

Progress

56% Bias Score

Climate Action

Showing 49 to 60 of 61 results