Saturday, October 25, 2014

Cenovus Energy Still Producing Despite Deteriorating Oil Prices

This article was originally published by TheStreet on Oct. 03
NEW YORK (TheStreet) -- Global oil prices may be going downhill but investors won't see a slowdown in Cenovus Energy's  (CVE)  production growth.
Cenovus Energy, of Calgary, is one of the four largest Canadian oil and gas producers, which includes Suncor Energy (SU) , Husky Energy (HUSKF) and Imperial Oil (IMO) . Cenovus focuses on producing oil sands, a naturally occurring mixture of sand, water and an extremely viscous oil called bitumen, that are abundantly found in Canada.

Friday, October 24, 2014

ONEOK Is Laying the Groundwork for Double-Digit Dividend Growth

This article was originally published by TheStreet on Oct. 03 
NEW YORK (TheStreet) -- ONEOK (OKE) is a little-known energy company that has been growing its dividends per share at an average annual rate of 17% since 2006, and it might just continue going this way.
In a research report emailed to TheStreet, Ted Durbin, analyst at Goldman Sachs predicted the company's dividends are expected to grow at a compounded annual growth rate of 17% between 2014 and 2017. This is higher than the average growth rate of 15.6% of about a dozen midstream corporations covered by Goldman Sachs such as Enbridge (ENB) , Kinder Morgan(KMI) , Spectra Energy (SE) and TransCanada (TRP) in the corresponding period. 

Emerge Energy Laying Groundwork For Triple-Digit Earnings Growth

This article was originally published by Seeking Alpha on Oct. 2

Summary: Emerge Energy Services has a solid fuel processing and distribution business and an even better fracking sand segment. Emerge Energy Services is flying high on the back of strong demand of proppants. Here's what Emerge Energy Services is doing to post triple-digit earnings and double-digit revenue growth.

Carbo Ceramics Out of Favor as Market for Its Products Shifts to Sand

This article was originally published by TheStreet on Sep. 29
By Sarfaraz A. Khan
NEW YORK (TheStreet) -- The worst may not be over for shares of Carbo Ceramics (CRR) , which recently provided a grim outlook for its third-quarter sales.
The company makes proppants, which are used to keep a hydraulic fracture open, during or following a fracturing treatment in oil and gas wells. Propants can be man-made grains such as ceramics or natural grains like sand. Carbo Ceramics is the world's leading producer of ceramic proppants, which costs more than sand.

Penn West: Putting Its House In Order

This article was originally published by Seeking Alpha on Sep. 28

Summary: Penn West is recovering after it was hit with a major accounting scandal. The company has recently released its impressive second quarter results. The company has set its eyes on its long-term future. Is it worth investing?

Update: Peabody Energy Raises Earnings Guidance But China Remains A Major Concern

This article was originally published by Seeking Alpha on Sep. 26

By Sarfaraz A. Khan

Summary: Peabody Energy has recently increased the guidance of its Q3 EBITDA but latest data points towards deterioration in metallurgical and thermal coal prices. The latest data confirms my opinion that a meaningful recovery in coal prices is a distant dream. As anticipated in the original article, weak economic numbers from China continue to hit coal prices and Peabody Energy's shares.

Hess Midstream Partners' IPO Could Boost Shareholder Value

 This article was originally published by TheStreet on Sep. 26 
NEW YORK (TheStreet) -- On Wednesday, Hess  (HES) revealed its subsidiary Hess Midstream Partners has filed for a $250 million initial public offering with the Securities and Exchange Commission. This could be great news for shareholders.
Structured as a master limited partnership, or MLP, the offering "will create value" for Hess's shareholders, Fadel Gheit, senior analyst at Oppenheimer, told TheStreet through an email.

Wednesday, October 22, 2014

Why Exxon Mobil's Exit From California Could Be Great for Investors

This article was originally published by TheStreet, and also appeared on Yahoo Finance, on September 24, 2014.
By Sarfaraz A. Khan 
NEW YORK (TheStreet) -- Exxon Mobil (XOM) is reportedly preparing to sell its only oil refinery in California, following similar divestitures by BP (BP) and Royal Dutch Shell (RDS.A)  , and that's good news for investors of the Irving, Texas-based energy major.
That's because Exxon Mobil's plant was a "disadvantaged refinery" for the company, due to its small size and lack of petro-chemical integration or lubricants production, Oppenheimer senior analyst Fadel Gheit told TheStreet in an email. Gheit explained that "it doesn't fit [with] Exxon Mobil's downstream strategy, which is focused on larger, more complex integrated refineries with crude flexibility and petrochemical manufacturing."

Total's Turnaround Hits A Speed Bump

This article was originally published by Seeking Alpha on September 22, 2014.

By Sarfaraz A. Khan

Summary: French oil major Total has recently updated its cash flow and production outlook through 2017, which wasn't encouraging. The company's turnaround has been hit by project delays and asset sales. Is it time to give up on this company?

Continental Resources: Sell-On-The-News Or Buy-On-The-Dip?

This article was originally published by Seeking Alpha on September 22, 2014.

By Sarfaraz A. Khan

Summary: The shares of Continental Resources slumped last week.The company announced an uptake in drilling costs, cut the top end of its production guidance.The increase in its core Bakken reserve base was also not that great. That said, Continental Resources is not the same E&P company as two years ago.