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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.
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September 17, 2014
09:58 EDTCLNEClean Energy call activity attributed to takeover speculation
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09:45 EDTCLNERumor: Clean Energy strength attributed to takeover speculation
September 16, 2014
06:08 EDTCLNEClean Energy and Mansfield Energy form joint venture
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September 15, 2014
12:10 EDTWPRTWestport management to meet with Lake Street
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September 11, 2014
08:20 EDTCLNEClean Energy to fuel Bimbo Bakeriesí first natural gas trucks
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