New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 29, 2014
10:11 EDTWPRT, CLNE, COGWestport, Clean Energy climb after Obama touts natural gas
Shares of Westport Innovations (WPRT) and Clean Energy Fuels (CLNE) are advancing in a down market after President Obama last night expressed support for vehicles powered by natural gas. Westport makes truck engines powered by natural gas, while Clean Energy builds natural gas fueling stations. WHAT'S NEW: In his State of the Union address last night, President Obama touted the benefits of natural gas, calling it a "bridge fuel that can power our economy with less of the carbon pollution that causes climate change." Moreover, the President asked Congress to put people to work building natural gas fueling stations for cars and trucks. WHAT'S NOTABLE: Westport is in a joint venture with another truck engine maker, Cummins (CMI). The joint venture develops truck engines that utilize natural gas. Meanwhile, in a note to investors earlier today, research firm Oppenheimer identified Cabot Oil & Gas (COG) as its favorite stock among natural gas producers. The firm has Outperform ratings on Apache (APA), Chesapeake Energy (CHK), Devon Energy (DVN), and EOG Resources (EOG), which all have large exposure to natural gas production. However, Oppenheimer suggests that investors buy stocks in the sector on pullbacks, and sell them when they advance. PRICE ACTION: In early trading, Westport rose 2.2% to $17.65, while Clean Energy Fuels jumped 3.2% to $11.95, and Cummins was flat at $128.75.
News For WPRT;CLNE;COG From The Last 14 Days
Check below for free stories on WPRT;CLNE;COG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 22, 2014
10:01 EDTCOGOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:05 EDTCOGCabot Oil & Gas downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Cabot Oil & Gas to Hold saying its Buy thesis hasn't played out. The firm lowered its price target for shares to $38 from $40.
August 18, 2014
07:54 EDTCOGEnerCom to hold a conference
Subscribe for More Information
06:44 EDTCOGNatural gas companies worried about regulatory outlook, The Hill says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use