Royal Dutch Shell plc looks a solid bet for energy investors now, based on strong fundamentals and compelling business prospects.
Its position as a significant supplier of liquefied natural gas should further boost its long-term cash flow growth owing to attractive potential. Also, the integrated energy behemoth with a market capitalization of $156.6 billion is making solid progress toward the transition to a renewable energy-focused future.
Therefore, if you are still contemplating how to capitalize on this stock price rally, it’s time that you tap the invest opportunity at your disposal.
The currently Zacks Rank #2 (Buy) stock has surged 55.9% in the past year compared with the industry’s growth of 48.1%. The stock also comfortably outpaced the Oils-Energy sector’s rise of 42.8% and the S&P 500’s growth of 36.2%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Image Source: Zacks Investment Research
Hot Energy Stocks To Own Right Now: Comp En De Mn Cemig ADS(CIG)
Companhia Energetica de Minas Gerais CEMIG, incorporated on May 22, 1952, is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. The Company operates through the segments: Generation, Transmission, Distribution, Telecom, Gas and Other. As of December 31, 2014, the Company generated electricity at 78 hydroelectric plants, three thermoelectric plants and 23 wind farms, with total installed capacity of 7,716 Megawatts. Of this capacity, the hydroelectric plants had a total of 7,334 Megawatts, the thermal plants 184 Megawatts, and the wind farms 199 Megawatts. The Company’s electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. The transmission network consists of power transmission lines and substations with voltage of 230 kilovolts or more.
The Company’s distribution operation consists of transfers of electricity from distribution substations to final consumers. It includes four public service electricity distribution concession contracts in the State of Minas Gerais, granting rights to commercial operation of services related to the supply of electricity to captive consumers in municipalities in its concession area, including consumers that may be eligible, under the legislation, to become Free Consumers. The concession area of Cemig Distribution covers approximately 219,103 square miles, or 96.7% of the territory of the State of Minas Gerais.
As of December 31, 2014, the Company’s electricity system consisted of 316,500 miles of distribution lines, through which it supplied 27,011 Gigawatt hour to 8.0 million captive consumers and transported 17,448 Gigawatt hour to 417 Free Consumers. As of December 31, 2014, the total volume of electricity distributed was 44,459 Gigawatt hour. The Company is also engaged in the following businesses: telecommunications, through its consolidated subsidiary Cemig Telecomunicacoes S.A.; national and international energy solutions consulting business, through its subsidiary Efficientia S.A.; exploitation of natural gas, through five consortia, including Exploration Consortium SF-T-104, Exploration Consortium SF-T-114, Exploration Consortium SF-T-120, Exploration Consortium SF-T-127, and Exploration Consortium REC-T-163; sale and trading of electricity, through structuring and intermediation of purchase and sale transactions, trading electricity in the Free Market, through its wholly owned subsidiaries Cemig Trading S.A. and Empresa de Servicos de Comercializacao de Energia Eletrica S.A. and Cemig Comercializadora de Energia Incentivada S.A.; acquisition, transport and distribution of gas and its sub products and derivatives through Companhia de Gas de Minas Gerais (Gasmig), and technology systems and systems for operational management of public service concessions, including companies operating in electricity, gas, water and sewerage and other utility companies, through Axxiom Solucoes Tecnologicas S.A.
Advisors’ Opinion:
- [By Max Byerly]
CEMIG (NYSE:CIG) and Huaneng Power International (NYSE:HNP) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, dividends, earnings, risk and profitability.
- [By Rich Smith]
Shares of Brazilian electric utility Companhia Energetica de Minas Gerais (NYSE:CIG) gained 9.4% on the day.
Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS), a Brazilian wastewater treatment company, closed 9.6% higher.
- [By Stephan Byrd]
CEMIG (NYSE:CIG) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 10,718,816 shares, a growth of 174.6% from the May 31st total of 3,903,277 shares. Based on an average daily volume of 6,056,542 shares, the short-interest ratio is presently 1.8 days.
Hot Energy Stocks To Own Right Now: NRX Pharmaceuticals, Inc.(NRXP)
NRX Pharmaceuticals, Inc., a clinical-stage small molecule pharmaceutical company, develops various therapeutics for the treatment of central nervous system disorders and life-threatening pulmonary diseases. The company's pipeline includes medicinal candidates in Phase 2 and Phase 3 trials for COVID-19-related lung injury and acute respiratory distress. Its products include ZYESAMI, an investigational pre-commercial drug for COVID-19 related respiratory failure; and NRX-100/101, an investigational pre-commercial drug for treating bipolar depression in patients with acute suicidal ideation and behavior. The company was founded in 2015 and is based in Wilmington, Delaware.
Advisors’ Opinion:
- [By Keith Speights (TMFFishBiz)]
Shares of NRx Pharmaceuticals (NASDAQ:NRXP) jumped 11.8% as of the market close on Wednesday. The big gain came after the company announced positive safety findings from a late-stage study evaluating its drug Zyesami in combination with Gilead Sciences’ Veklury in treating hospitalized patients with acute respiratory failure due to COVID-19.
Hot Energy Stocks To Own Right Now: SJW Corporation(SJW)
SJW Corp. was incorporated in California on February 8, 1985. SJW Corp. is a holding company with four subsidiaries:
* San Jose Water Company, a wholly owned subsidiary of SJW Corp., with its headquarters located at 110 West Taylor Street in San Jose, California 95110, was originally incorporated under the laws of the State of California in 1866. As part of a reorganization on February 8, 1985, San Jose Water Company became a wholly owned subsidiary of SJW Corp. San Jose Water Company is a public utility in the business of providing water service to approximately 226,000 connections that serve a population of approximately one million people in an area comprising approximately 138 square miles in the metropolitan San Jose area. San Jose Water Company’s web site can be accessed via the Internet at www.sjwater.com. Advisors’ Opinion:
- [By Max Byerly]
Citadel Advisors LLC lessened its holdings in shares of SJW Group (NYSE:SJW) by 26.9% during the 2nd quarter, Holdings Channel reports. The fund owned 12,565 shares of the utilities provider’s stock after selling 4,613 shares during the quarter. Citadel Advisors LLC’s holdings in SJW Group were worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Max Byerly]
SJWCoin (CURRENCY:SJW) traded 32.5% lower against the dollar during the 24-hour period ending at 22:00 PM Eastern on August 31st. SJWCoin has a total market capitalization of $0.00 and approximately $73.00 worth of SJWCoin was traded on exchanges in the last 24 hours. One SJWCoin coin can currently be bought for $0.0001 or 0.00000002 BTC on cryptocurrency exchanges. In the last seven days, SJWCoin has traded 5% higher against the dollar.
- [By Shane Hupp]
Los Angeles Capital Management & Equity Research Inc. increased its holdings in SJW Group (NYSE:SJW) by 52.2% during the 2nd quarter, Holdings Channel reports. The firm owned 14,692 shares of the utilities provider’s stock after buying an additional 5,040 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in SJW Group were worth $973,000 at the end of the most recent quarter.
