Tag Archives: HLX

Why Oil and Gas Stocks Sizzled Today

What happened

Oil and gas stocks sizzled today, thanks to a surprise forecast from the Organization of Petroleum Exporting Countries (OPEC). Some of the lesser-known stocks surged the most on Sept. 13, with the following leading the pack as of 2 p.m. EDT.

Centennial Resource Development (NASDAQ:CDEV): Up 6.6%. Vermilion Energy (NYSE:VET): Up 11.2%. Helix Energy Solutions (NYSE:HLX) Up 12.9%. Tellurian (NASDAQ:TELL): Up 14.2%. Comstock Resources (NYSE:CRK): Up 10.5%.
So what

All eyes were on OPEC’s monthly oil market report, scheduled for Sept. 13, to gauge where....More>>>

Top 10 Energy Stocks To Invest In Right Now

A steep slowdown in demand from cryptocurrency miners is tempering enthusiasm for what in many ways is a strong Nvidia (NVDA)  earnings report.

After the bell on Thursday, Nvidia reported April quarter (fiscal first quarter) revenue of $3.21 billion (up 66% annually) and GAAP EPS of $1.98, handily beating consensus analyst estimates of $2.89 billion and $1.46. All five of Nvidia’s reported market segments — Gaming, Datacenter, Automotive, Professional Visualization and OEM & IP — beat consensus revenue estimates.

Nvidia also guided for July quarter revenue....More>>>