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Time For Another Oil Giant to Lead: Total Downgraded at Cowen

By Barbara Kollmeyer Order Reprints Text size A general view of a Total petrol station in Kampala, Uganda, on Jan. 28, 2020. AFP via Getty Images They say it’s lonely at the top. For France’s Total, years of dominance on the oil patch are over, say analysts at Cowen, who downgraded the company to market perform from outperform in a note to clients on Tuesday. Jason Gabelman and George Kuhle say they continue to like Total’s strategy, but it faces...
George Kuhle Jason Gabelman Royal Dutch Shell Getty Images Crude Oil Natural Gas Upstream Operations Telecommunication Services

How U.S. Research Damning Electric Cars is Funded by Saudi Oil Interests

By Matt Smith Order Reprints U.S. Department of Energy, Oak Ridge National Laboratory Hidden in the hardwood forests of eastern Tennessee is a glass-and-steel American Wakanda of impulsed neutron beams, supercomputers, and atom probe microscopes. Here, at the U.S. Department of Energy’s Oak Ridge National Laboratory, Enrico Fermi and fellow scientists raced to develop the neutron bomb, and subsequent generations worked on the world’s-fastest computers, he...
United States Oak Ridge Enrico Fermi Oak Ridge National Laboratory Us Department Of Energy American Wakanda

Global Markets Inch Higher as U.S. Political Climate Pressures Stocks

Nasdaq Composite gained 0.3%. The small-cap Under the surface, the S&P 500 energy sector closed up 3.6%, financials gained 1.1%, and consumer discretionary stocks added 1.5%. Defensive utilities and health care fell 0.6% and 1.1%, respectively, while technology stocks lost 0.5%. That dynamic has more or less prevailed since the fall. Fourth-quarter earnings season begins later this week, with several large banks kicking things off as usual. Wall Street expects S&P 500 earnings to be 12%...
City Of United Kingdom Donald Trump Getty Images Hong Kong Hang Seng

Buy Ballard Stock Because 2021 Could Be Big For Hydrogen Technologies

Order Reprints Print Article The coming year will be big for hydrogen-based technologies and bring with it plenty of good news for shares of Ballard Power Systems, a Raymond James analyst predicts. In a Monday report, analyst Michael Glen described 2021 as a “watershed moment in the history of the hydrogen economy.” He expects an accelerating number of hydrogen-related announcements by companies and countries regarding hydrogen technology and its ability to wean the world off fue...
Raymond James James Macdonald Bloomberg Michael Glen A Raymond James Ballard Power Systems Credit Types Services

4 Oil Stocks to Buy for Crude's Latest Surge

Mizuho says oil stocks are ripe for a rebound. Jeff J Mitchell/Getty Images Investors have been stressed about the possibility that oil demand has already peaked and it could be all downhill from here. The pandemic has reduced demand for oil as fewer people commute to work, and a shift to renewables will soon reduce demand for oil on a longer-term basis. But one analyst says the doom-and-gloom may be overstated. In fact, Mizuho analyst Daniel Boyd is betting that oil companies—wh...
Avi Salzman Joe Zidle Daniel Boyd Jeffj Mitchell Getty Joe Biden Occidental Petroleum

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