Displaying items by tag: energy

(Houston)

Oil prices are surging as a comeback in the U.S. economy boosts demand…see the full story on our partner Magnifi’s site.

(Houston)

Oil prices are at a fresh peak seemingly every day. Some who have been watching the space for years might be wondering if that will prove fleeting or if it is the start of a big bull market run. Goldman sees oil as staying between $75-80 per barrel over the next 18 months, which will help companies deleverage and improve their returns. OPEC seems likely to be supportive of current prices. Given all this, Goldman thinks oil stocks are a good idea, recommending Occidental, Exxon-Mobil, Devon, Hess, and Schlumberger, among others.

FINSUM: If you believe in the economic recovery then commodities seem likely to have a strong run, oil included.

(Las Vegas)

ESG may have started as a play from the conscience but as of late it has turned out to be just as potent of play for the wallet. Since the start of the pandemic green power exposed stocks in the S&P 500 such as First Solar, NextEra, Albemarle, LG Chem, and Samsung SDI have averaged 140% return compared to the S&P’s 41%. But the real hidden gem has been at home solar company Sunrun which posted a 212% return over the same time frame. The CEO says its wide base of customers draws in democrats and republicans and boosts demand. It also has dealt with Ford Motor Co. to cooperate on in-home charging for the new F-150 Lightning. It has risks as Tesla and Home Depot are trying to take up market share but Sunrun is the leading market contender.

FINSUM: At-home solar is one of the top plays right now, but wider ETFs could provide the exposure with less risk.

(New York)

Stock and commodity prices have been all over the place of late…see the full story on our partner Magnifi’s site

(Houston)

Markets have been turbulent over the last month but overall 2021 couldn’t be…see the full story on our partner Magnifi’s site