The shift in technology that has drawn billions of dollars into autonomous driving has also spurred investors to pile into businesses that specialize in sharing cars, summoning rides, and even borrowing bikes. Taken together, this new model for the mobility-as-a-service business continues to grow at a startling pace and move into new markets.
The growth comes even as companies navigate tighter regulations. In the past four months, a new report released Thursday by Bloomberg New Energy Finance found, 11 jurisdictions in Europe, the U.S., Australia and elsewhere implemented restrictions on digital-hailing companies. “Despite all the increasing legal challenges against unfettered ride-hailing, we continue to see additional investment in the sector,” said Ali Izadi-Najafabadi, who manages BNEF's intelligent mobility team.
The new BNEF report attempts to size up this industry. Here are four key takeaways.
Top 5 Energy Stocks To Invest In Right Now: Geopark Ltd(GPRK)
Advisors' Opinion:- [By Max Byerly]
Canaccord Genuity reaffirmed their buy rating on shares of Geopark (NYSE:GPRK) in a research note published on Tuesday morning.
“We expect the Street to raise its estimates once again on the back of these strong results.”,” the firm’s analyst wrote.
- [By Logan Wallace]
Get a free copy of the Zacks research report on GeoPark (GPRK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Lonestar Resources US (NYSE: GPRK) and GeoPark (NYSE:GPRK) are both small-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and institutional ownership.
Top 5 Energy Stocks To Invest In Right Now: SM Energy Company(SM)
Advisors' Opinion:- [By Ethan Ryder]
SM Energy Co (NYSE:SM) gapped up prior to trading on Tuesday . The stock had previously closed at $32.22, but opened at $32.20. SM Energy shares last traded at $31.49, with a volume of 60289 shares trading hands.
- [By Joseph Griffin]
SM Energy (NYSE:SM) had its target price lifted by Citigroup to $29.00 in a report issued on Friday morning, The Fly reports. The brokerage currently has a neutral rating on the energy company’s stock.
- [By Logan Wallace]
Scotia Howard Weill upgraded shares of SM Energy (NYSE:SM) from a sector perform rating to a sector outperform rating in a research note published on Thursday morning.
- [By Matthew DiLallo]
Shares of oil producers Laredo Petroleum (NYSE:LPI) and SM Energy (NYSE:SM), as well as units of Golar LNG Partners LP (NASDAQ:GMLP), an MLP that owns liquified natural gas carriers and floating storage and regasification units, all declined by double digits by Friday afternoon. Lower oil prices weighed on the first two, while an analyst downgrade was the culprit in the latter.
Top 5 Energy Stocks To Invest In Right Now: Chevron Corporation(CVX)
Advisors' Opinion:- [By Paul Ausick]
Chevron Corp. (NYSE: CVX) traded up 2.44% at $124.42. The stock’s 52-week range is $102.55 to $133.88. Volume was about 15% lower than the daily average of around 7.2 million shares. The company got a nice boost from rising crude oil prices.
- [By Paul Ausick]
Chevron Corp. (NYSE: CVX) traded down about 0.2%, at $126.81 in a 52-week range of $102.55 to $133.88. As of last night’s close, Chevron shares are trading up about 17.3% over the past year.
- [By Chris Lange]
Chevron Corp. (NYSE: CVX) saw its short interest increase to 22.93 million shares from the previous reading of 21.92 million. The shares were last seen trading at $121.75, in a 52-week range of $102.55 to $133.88.
Top 5 Energy Stocks To Invest In Right Now: Statoil ASA(STO)
Advisors' Opinion:- [By Matthew DiLallo]
Another highlight in April was that Shell gave the green light to the Vito project, which is a joint venture with Statoil (NYSE:STO) in the Gulf of Mexico. Shell and Statoil were able to cut that project's cost estimate by 70% from the original design so that it's now profitable at $35 a barrel. The partners expect the project to produce 100,000 BOE/D of low-cost oil and gas when it comes online in 2021.
- [By Tyler Crowe]
Anyone that has watched oil prices tick up recently has probably expected oil producers to report some impressive earnings results this past quarter, and Statoil (NYSE:STO) did just that with a 21% boost to the bottom line. At the same time, management is using all of its additional cash to do some wheeling and dealing that should help boost its growth possibilities in the nearer term.
- [By Shane Hupp]
Statoil (NYSE: STO) and Delek US (NYSE:DK) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.
Top 5 Energy Stocks To Invest In Right Now: California Resources Corporation(CRC)
Advisors' Opinion:- [By Max Byerly]
Kosmos Energy (NYSE: CRC) and California Resources (NYSE:CRC) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) fell 13.2 percent to $10.95 in pre-market trading after dropping 1.33 percent on Friday. Banco Santander, S.A. (NYSE: SAN) shares fell 8.7 percent to $5.33 in pre-market trading after declining 2.83 percent on Friday. Synchrony Financial (NYSE: SYF) fell 8 percent to $32.75 in the pre-market trading session. AerCap Holdings N.V. (NYSE: AER) shares fell 7.4 percent to $51.17 in pre-market trading. Inovio Pharmaceuticals, Inc. (NASDAQ: INO) fell 7.4 percent to $4.54 in pre-market trading. Tailored Brands, Inc. (NYSE: TLRD) fell 7 percent to $31.83 in pre-market trading. California Resources Corporation (NYSE: CRC) shares fell 6.5 percent to $30.29 in pre-market trading after dropping 10.60 percent on Friday. Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) fell 6.2 percent to $6.85 in pre-market trading. RedHill Biopharma Ltd. (NASDAQ: RDHL) fell 6 percent to $6.67 in pre-market trading. QEP Resources, Inc. (NYSE: QEP) shares fell 5.8 percent to $11.45 in pre-market trading after dropping 6.75 percent on Friday. Noah Holdings Limited (NYSE: NOAH) fell 5.5 percent to $61.53 in pre-market trading. CNH Industrial N.V. (NYSE: CNHI) shares fell 5.2 percent to $11.70 in pre-market trading - [By Jason Hall]
Shares of California Resources Corp (NYSE:CRC), Diamondback Energy Inc (NASDAQ:FANG), and W&T Offshore, Inc. (NYSE:WTI) are down 11.4%, 11.7%, and 8.9% at 1:16 p.m. EDT on Aug. 15. Earlier in trading, all three were even lower before stabilizing near their current trading prices.
- [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
No comments:
Post a Comment