Iris Energy, a Bitcoin mining firm based in Australia, has struck a deal to sell $100 million in equity over the next two years to investment bank B. Riley Principal Capital. According to the U.S. Sec...
Tag: Energy
5 Dividend Stocks to Beat Inflation and Rising Interest Rates
Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well abov...
Biden And Putin Play Chicken With Energy
GENEVA, SWITZERLAND – JUNE 16: US president Joe Biden (L) and Russia’s President Vladimir Putin meet … [+] at the start of the U.S.-Russia summit at Villa La Grange on June 16, 2021 ...
David Tepper’s Favorite Energy Stocks
Summary The energy sector has the third-largest representation in Tepper’s equity portfolio. Energy Transfer and EQTEQT are among his top 10 holdings. David Tepper (Trades, Portfolio)’s Appaloos...
How Much Energy Will the Ethereum “Merge” Save?
Ethereum – the world’s second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just ove...
Investing In The Clean Energy Credit Revolution
AFP via Getty Images Key takeaways The Inflation Reduction Act funds billions in clean energy credits to promote the development and advancement of green tech The goal is to reduce inflation and carbo...
BP Stock Regains Some Ground After Fire at Refinery Leaves Two Dead
Text size BP is the operator at the Toledo, Ohio refinery where two workers died in an accident on Wednesday. Greame Robertson/Getty Images Shares of oil giant BP (ticker: BP) retraced some of their l...
Class 8 Hydrogen Truck Competition Disrupted By A Canada-United Kingdom Partnership
Loop Energy Clean Room Manufacturing Loop Energy Vancouver based Loop Energy, a developer and manufacturer of hydrogen fuel cell solutions, has unveiled its landmark 120 kW fuel cell system for deploy...
Electric vehicle (EV) sales set to hit an all-time high in 2022, IEA says
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean ...
Jamie Dimon’s Testimony Caps A Confrontational Energy Week
JPMorgan Chase & Co. Chairman and CEO Jamie Dimon testifies before a House Committee on Financial … [+] Services Committee hearing on “Holding Megabanks Accountable: Oversight of Ameri...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping...
U.S. approves Kigali Amendment to curb climate-warming chemicals
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to the media after the 51-50 vote passed the “Inflation Reduction Act of 2022” on Capitol Hill in Washington, D.C., U.S. August 7, 2...
Bitmain Drop Mining rig Prices due to Bearish Market and High energy cost
Bitmain dropped rates of Mining rigs because of the volatile crypto market. Bitmain did not disclose the original prices of rigs before the discounted price. Bitmain crypto mining rig manu...
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
Carl Icahn to investors: ‘The worst is yet to come’
Wall Street icon Carl Icahn has a warning for his fellow investors: “The worst is yet to come.” Speaking on Wednesday at MarketWatch’s Best New Ideas in Money Festival via a remote feed, the 86-year-o...
Permitting Reform Needed At Every Level Of Government
HOUSTON, TEXAS – JUNE 15: Power-lines are shown on June 15, 2021 in Houston, Texas. The Electric … [+] Reliability Council of Texas (ERCOT), which controls approximately 90% of the power i...
Germany Nationalizes Uniper in Aftermath of Russian Energy Supply Cuts
Reports state that Germany will buy out Fortum’s sizable stake in Uniper as the global energy crisis worsens. Germany has agreed to nationalize energy giant Uniper in a bid to prop up the industry ami...
Free Cash Flow Yield Falls Through 8/12/22
rear view of businessman sitting on green grass landscape with laptop watching view with flying … [+] large group of money over sunny blue sky getty While FCF remains at an above average-average...
Europe’s Energy Crunch Pushes Germany To Nationalize Top Gas Firm—Months After France Makes Similar Move
Topline Germany on Wednesday announced a deal to nationalize Uniper—the country’s biggest gas importer—in a move that comes months after neighboring France nationalized its biggest utility company EDF...
Wall Street rates Amazon (AMZN) a ‘strong buy’ as firm plans over 70 renewable energy projects
Amazon (NASDAQ: AMZN) is looking to expand its renewable energy projects to target 50,000 gigawatt-hours (GWh) of green energy, an amount that can power 4.6 million US homes annually. The 71 new rene...
Fed should hike interest rate rates 150 basis points: Wells Fargo
It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s R...
Oil spikes as Putin announces partial mobilization igniting fears of tighter energy supply
Russian president, Vladimir Putin held his first, long-awaited, national address on September 21, announcing among other things a partial mobilization of a 300,000-strong force for his war in Ukraine....
German government agrees nationalization deal for energy giant Uniper
Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | G...
Big businesses trumpet ESG credentials. Scrutiny is on the rise
As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no excep...
Opinion: 4 reasons you should buy energy stocks right now if you are a long-term investor
This has been a painful year for stock market investors, as nothing seems to be working. There is an exception: Energy. It’s the best-performing sector and might still be a bargain for those who can b...
Tellurian Stock Sinks on Withdrawal of Bond Sale for LNG Project
Text size Tellurian said it withdrew the bond deal “due to uncertain conditions in the high-yield market.” Spencer Platt/Getty Images Tellurian shares were tumbling Tuesday after the natur...
Biden’s ‘Kind Of Insane’ Energy Policies Have Created An Entirely Rational Investor Response
WASHINGTON, DC – MAY 13: U.S. Vice President Kamala Harris delivers opening remarks during a plenary … [+] meeting with Association of Southeast Asian Nations leaders and (L-R) Energy Secr...
$80 Oil Could Be Here to Stay. These Stocks Stand to Gain.
Text size The Inglewood Oil Field in Los Angeles. Mario Tama/Getty Images Countries can’t control the price of oil, but they can nudge it in one direction or another. And the latest signals from some ...
Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I...