Whenever a business takes on a higher-risk project, it is always hoping for higher rewards. Based on the riskier projects that Total (NYSE: TOT ) has taken on recently, the company must be expecting big rewards. Not only is it trying to navigate the murky political waters of shale drilling in Europe, but it is also trying to explore some parts of the world where estimates for oil and gas are few and far between.�
Also, Total has shown it to be one of the more innovative thinkers compared to its other integrated major peers. It owns 66% of U.S. solar panel manufacturer SunPower (NASDAQ: SPWR ) and is partnering with several major European airline companies to develop next-generation jet fuels. Tune in to the video conversation below where Fool.com contributors Tyler Crowe and Aimee Duffy take a look at more of Total's risky bets.�
Investing in the energy space doesn't always need a lot of risk to get a big reward. Analysts at the Motley Fool have identified a behind-the-scenes giant that is poised to profit big from the oil and gas industry without taking on big risks. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
5 Best Energy Stocks To Watch Right Now: Total Nigeria PLC (TOTAL.LG)
Total Nigeria PLC is a Nigeria-based company engaged in the marketing of petroleum and liquefied petroleum gas. The Company operates in three business lines, namely White Products (Retail and General Trade), Lubricants & Special Products, and Aviation fuels. The Company�� products portfolio includes fuels, lubricants, gas, insecticides, car-care products and bitumen. (Nigeria) PLC operates through a network of 500 retail outlets, five LPG bottling plants and three lubricant blending plants. Total (Nigeria) PLC�� major shareholder is Total SA.
5 Best Energy Stocks To Watch Right Now: EXCO Resources NL(XCO)
EXCO Resources, Inc., an independent oil and natural gas company, engages in the exploration, exploitation, development, and production of onshore North American oil and natural gas properties with a focus on shale resource plays. The company holds interests in various projects located in East Texas, North Louisiana, Appalachia, and the Permian Basin in west Texas. As of December 31, 2010, it had proved reserves of approximately 1.5 trillion cubic feet equivalent; and operated 7,276 wells. The company was founded in 1955 and is based in Dallas, Texas.
Advisors' Opinion: - [By Tyler Crowe]
Right now, natural gas spot prices are in the $4.00 range. For low-cost natural gas producers like Ultra Petroleum (NYSE: UPL ) and Exco Resources (NYSE: XCO ) , a $4 price for gas will be a welcome sight. Exco had written down so many assets because of low gas prices, the company expects profits as long as gas remains above $2.15. Once LNG exports do come on line, an uptick in natural gas prices is expected, but not one that is so severe. More importantly, companies like Ultra and Exco that deal exclusively with natural gas will not have to worry as much about wild price swings.�
Midstates Petroleum Company, Inc. is an independent exploration and production company. The Company�� areas of operation include Pine Prairie, South Bearhead Creek/Oretta, West Gordon and North Cowards Gully. Its Upper Gulf Coast Tertiary trend extends from south Texas to Mississippi across its operating areas in central Louisiana. As of December 31, 2011, it had accumulated approximately 77,100 net acres in the trend. As of December 31, 2011, its development operations are focused in the Wilcox interval of the trend. The Company�� business is conducted through Midstates Petroleum Company LLC, as a direct, wholly owned subsidiary. In September 2012, the Company and its subsidiary acquired all of Eagle Energy Production, LLC�� producing properties as well as their developed and undeveloped acreage primarily in the Mississippian Lime oil play in Oklahoma and Kansas.
As of December 31, 2011, it drilled 57 gross wells in the trend, approximately 93% of. During the year ended December 31, 2011, its average daily production were 7,499 barrels of oil equivalent per day. As of December 31, 2011, it had a total of 974 gross vertical drilling locations, including 115 related to acreage under option, in the trend. As of December 31, 2011, the Company�� properties included approximately 92 gross active producing wells, 95% of, which it operate, and in which it held an average working interest of approximately 99% across its 77,100 net acre leasehold. During March 31, 2012, the Company continued its drilling program, spudding 14 wells, of which nine are producing, three are being drilled and two are waiting to be completed. As of December 331, 2011, it averaged daily production is approximately 9,000 barrels of oil equivalent per day.
Pine Prairie
The Company�� properties in the Pine Prairie area represented 46% of its total proved reserves as of December 31, 2011. During 2011, the Company�� average production from these properties was 3,793 net barrels of oil equ! ivalent per day, consisting of 2,143 barrels of oil, 565 barrels of natural gas liquidations (NGLs) and 6,508 million cubic feet of natural gas per day. As of December 31, 2011, it held an average working interest and average net revenue interest of 92.2% and 68.9%, respectively, on its acreage in Pine Prairie area. The Company has an additional 194 identified drilling locations in this area based primarily on 10-acre spacing.
South Bearhead Creek/Oretta
The Company�� properties in the South Bearhead Creek/Oretta area represented 20.3% of its total proved reserves as of December 31, 2011. During 2011, the Company�� average production from these properties was 4,367 net barrels of oil equivalent per day, consisting of 2,196 barrels of oil, 438 barrels of NGLs and 10,396 million cubic feet of natural gas per day. During 2011, these wells produced at an average daily rate of 2,413 net barrels of oil equivalent per day. As of December 31, 2011, it held an average working interest and average net revenue interest of 100% and 78.5%, respectively, on its acreage in South Bearhead Creek/Oretta area. The Company has an additional 43 identified drilling locations in this area based primarily on 40-acre spacing.
West Gordon
The Company�� properties in the West Gordon area represented 21% of its total proved reserves as of December 31, 2011. During 2011, the Company�� average production from these properties was 1,002 net barrels of oil equivalent per day, consisting of 617 barrels of oil, 68 barrels of NGLs and 1,901 million cubic feet of natural gas per day. As of December 31, 2011, it held an average working interest and average net revenue interest of 95.9% and 71.2%, respectively, on its acreage in West Gordon area. The Company has an additional 74 identified drilling locations in this area based primarily on 40-acre spacing.
North Cowards Gully
The Company�� properties in the North Cowards Gully area represented 11.5% of ! its total! proved reserves as of December 31, 2011. During 2011, the Company�� average production from these properties was 149 net barrels of oil equivalent per day consisting of 103 barrels of oil, 11 barrels of NGLs, and 211 million cubic feet of natural gas per day. As of December 31, 2011, it held an average working interest and average net revenue interest of 94.3% and 71.2%, respectively, on its acreage in North Cowards Gully area. The Company has an additional 95 identified drilling locations in this area based primarily on 40-acre spacing.
Advisors' Opinion: - [By Roberto Pedone]
One energy player that's starting to move within range of triggering a major breakout trade is Midstates Petroleum (MPO), an independent exploration and production company focused on the application of modern drilling and completion techniques to oil-prone resources. This stock is off to a rough start in 2013, with shares off by 30%.
If you look at the chart for Midstates Petroleum, you'll notice that this stock has recently come out of a nasty downtrend that took shares from over $8 to its low of $4.26 a share. Shares of MPO have started to find some buying interest over the last month at $4.44, 4.26 and $4.48 a share, as the stock has held those levels on recent pullbacks. This could be signaling that a bottom is forming for MPO, since the downside volatility looks over. Shares of MPO are now rebounding strong off those support levels and are quickly moving within range of triggering a major breakout trade.
Traders should now look for long-biased trades in MPO if it manages to break out above some near-term overhead resistance levels at $4.82 a share and then once it takes out its 50-day moving average at $5.30 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 542,939 shares. If that breakout triggers soon, then MPO will set up to re-test or possibly take out its next major overhead resistance levels at $6 to its 200-day moving average of $6.54 a share.
Traders can look to buy MPO off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $4.48 or $4.26 a share. One can also buy MPO off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By The Energy Report]
Onshore, my favorite play is the Utica Shale, in which my top plays are Gulfport Energy Corp. (GPOR) and Rex Energy Corp. (REXX). Both companies have highly economic acreage, solid balance sheets and industry-leading production growth. I also like Rex Energy for its likely production upside. Another one of my favorite plays is the Eagle Ford Shale, in which my top plays are Penn Virginia Corp. (PVA) and Sanchez Energy Corp. (SN). Both have core acreage in the region, improving operating results and experienced management. Another favorite name of mine is Midstates Petroleum Co. Inc. (MPO). The company has assets in three solid plays and a management team with a long successful track record. Those are my favorite names at this time.
5 Best Energy Stocks To Watch Right Now: Canadian Solar Inc.(CSIQ)
Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally. The company offers solar cell and solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules for use in a range of residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products consisting of customized modules that its customers incorporate into their products, such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. In addition, it sells solar system kits, a package consisting of solar modules produced by it and third party supplied components, such as inverters, racking system, and other accessories, as well as implements solar power development projects. The company sells its products under the Canad ian Solar brand name. Canadian Solar Inc. offers its standard solar modules through a direct sales force and sales agents primarily to distributors, system integrators, and original equipment manufacturer customers, as well as to solar projects; and specialty solar modules and products to the automotive, telecommunications, and light-emitting diode lighting sectors. The company was founded in 2001 and is based in Kitchener, Canada.
Advisors' Opinion: - [By Travis Hoium]
Chinese solar companies have been reporting massive losses, but one company has improved its financial performance and strategic position significantly over the past year. In the following video, solar analyst Travis Hoium covers why he thinks Canadian Solar (NASDAQ: CSIQ ) is a likely candidate to emerge from Chinese solar consolidation, even better than big names such as Yingli Green Energy (NYSE: YGE ) and Trina Solar (NYSE: TSL ) . If the company is able to return to profitability, the sky is the limit for Canadian Solar.�
- [By Harry Boxer]
HARRY: I think it could be double or triple in the next you know year or two. The lower priced ones that I like are Canadian Solar (CSIQ), SUNE that’s SunEdison, and I also SolarPower (SPWY), SunPower excuse me.
5 Best Energy Stocks To Watch Right Now: Petrotech Oil & Gas Inc (PTOG)
PetroTech Oil and Gas, Inc., formerly Unity Management Group, Inc., incorporated on April 10, 1998, operates and develops Enhanced Oil Recovery (EOR) opportunities within qualifying oil reservoirs in the United States using its Enhanced Oil Recovery method and technique. The company is also a construction and heavy equipment company. The Company is focussing on developing and acquisitions of technology in secondary oil recovery, oil and gas reporting software, trading software and Nitrogen and CO2 injection equipment. Enhanced oil recovery is also called improved oil recovery or tertiary recovery. The Company�� services include Work over and Installation Services, Heavy Equipment Services, Nitrogen, CO2 and Gas Mixture Treatments, Exhaust Gas Unit, Gas Assisted Gravity Drainage and Reservoir Development. During the year ended December 31, 2012, the Company acquired On Track Technology, Inc. On June 30, 2012, the Company acquired Metropolitan Computing Corp.
Work over and Installation Services
Drilling Vertical or Horizontal Well Supervision, Traditional Work over, Oilfield Work Over Rigs and Roustabout Services to be on location while recompletion, plugging or equipping of wells for in house leases and third party jobs as well. Where applicable Petrotech will utilize flexible Poly Urethane tubing for testing of wells and permanent installs for some shallow depths. The flexible tubing has a Paraffin�� and Asphalt Ines don�� stick to flexible tubing (as it does to steel tubing); and flexible tubing has an estimated 10 times longer life dependent upon the corrosiveness of production and by products, such as the water produced with hydrocarbons.
Heavy Equipment Services
Heavy Equipment Services includes heavy equipment, oilfield roustabout, crane work, water hauling, setting pumping units, separators, tanks, digging pitts and locations roads and heavy equipment services also includes highways for in house leases, third party oil companies and loca! l and government agencies.
Nitrogen, CO2 and Gas Mixture Treatments
The Company focuses in treating with Nitrogen, CO2 or a combination of the two; through two applications where applicable-Huff and Puff and Steady flooding. In cases, HoCyclic gas injection processes has been primarily restricted to the use of pure CO2 or CO2 that has been slightly contaminated.
Exhaust Gas Unit
The CO2/N2 gas mixture focuses to generated from a patented one-of-a-kind portable exhaust unit capable of producing 2.5 millions of cubic feet equivalent at 2000 psi. The exhaust unit manufacturing facility is capable of building over 100 million of daily of deliverability or 180,000 horse power of equipment per year.
Gas Assisted Gravity Drainage
Natural segregation of its gas mixture at miscibility pressure is a component in recreating a gas cap. Doubling of the primary oil recovery from a reservoir is expected with this EOR method and gas mixture. SPE paper #89357 documents GAGD recoveries averaging 63% of the OOIP.
Reservoir Development
Petrotech Oil and Gas Inc. focuses to use the technology in third dimension geophysics available, drilling and compositional reservoir modeling to devise the reservoir�� development plan. In some reservoirs has two horizontal wellbores; one each for the injection of gas and production of oil.
5 Best Energy Stocks To Watch Right Now: Alterra Power Corp (MGMXF.PK)
Alterra Power Corp., formerly Magma Energy Corp., is a global renewable power company. It operates six power plants totaling 570 megawatt of capacity, including two geothermal facilities in Iceland, a geothermal plant in Nevada, British Columbia�� run of river hydro facilities and the province�� wind farm. As of June 30, 2011, its share of this production capacity was 315 megawatt. The Company also has a portfolio of exploration and development projects. The Company owns two geothermal power generation plants (the Svartsengi and Reykjanes Plants) and two geothermal exploration projects in Iceland (Eldvorp and Krysuvik) through its interest in HS Orka. In addition, it owns one geothermal power generation plant in Nevada (the Soda Lake Operation). In May 2011, it acquired Plutonic Power Corp. During the fiscal year ended June 30, 2011 (fiscal 2011), it sold a 25% interest in HS Orka to Jardvarmi slhf (Jardvarmi), which is a company-owned by a group of Icelandic pension f unds.
5 Best Energy Stocks To Watch Right Now: Transportadora de Gas del Sur SA (TGS)
Transportadora de Gas del Sur S.A. (TGS) is engaged in the transportation of natural gas and production and commercialization of natural gas liquids (NGL). TGS�� pipeline system connects major gas fields in southern and western Argentina with gas distributors and industries in those areas and in the greater Buenos Aires area. The Company also renders midstream services, which consist of gas treatment, removal of impurities from the natural gas stream, gas compression, wellhead gas gathering and pipeline construction, operation, and maintenance services. The Company operates in three segments: natural gas transportation services through its pipeline system; NGL production and commercialization, and other services, which include midstream and telecommunication services.
During the year ended December 31, 2009, the Company�� gas transportation represented approximately 42% of total net revenues. During 2009, its NGL production and commercialization segment accounted for 50% of the total revenues of the Company. During 2009, its other services segment accounted for 8% of total revenues of the Company. Its other services segment consists of midstream and telecommunications services. Through midstream services, TGS provides integral solutions related to natural gas from wellhead up to the transportation systems. The services consists of gas gathering, compression and treatment, as well as construction, operation and maintenance of pipelines, which are generally rendered to natural gas and oil producers at wellhead. The customers��portfolio also includes distribution companies, industrial users, power plants and refineries.
During 2009, the Company provided a range of technical services to different customers. The services consisted of connections to the transportation system, engineering inspections, project management and professional technical counseling. Telecommunication services are provided through Telcosur S.A. (Telcosur), who renders services both as an independent c! arrier of carriers and to corporate clients within its area. Telcosur has a digital land radio connection system.
Advisors' Opinion: 5 Best Energy Stocks To Watch Right Now: IHS Inc. (IHS)
IHS Inc. (IHS), incorporated on May 5, 1994, is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost. The Company is organized by geographies into three business segments: Americas, which includes the United States, Canada, and Latin America; EMEA, which includes Europe, the Middle East, and Africa, and APAC (Asia Pacific). IHS sources data and transforms it into information and insight that businesses, Governments, and others use every day to make decisions. Its product development teams have also created Web services and application interfaces. These services allow its customers to integrate the Company�� information with other data, business processes and applications (computer-aided design, enterprise resource planning, supply chain management, and product data/lifecycle management). The Company develops its offerings based on its customers' workflows, and it sells and delivers them into the industries in which IHS�� customers operate. As of November 30, 2011, HIS focused on five customer workflows: strategy, planning, and analysis; energy technical; product engineering; supply chain, and EHS & sustainability. As of November 30, 2011, it was focused on six verticals: energy and natural resources; Government, defense and security; chemicals; transportation; manufacturing, and technology, media, and telecommunications. In March 2012, the Company acquired Displaybank, a global authority in market research and consulting for the display industry; the Computer Assisted Product Selection (CAPSTM) electronic components database and tools business, including CAPS Expert, from PartMiner Worldwide, and the digital oil and gas pipeline and infrastructure information business from Hild Technology Services. In March 2012, the Company acquired IMS Research. In March 2012, the Company acquired BDW Automotive GmbH. I! n May 2012, it acquired Xedar Corporation, a developer and provider of geospatial information products and services. In July 2012, the Company acquired CyberRegs business from Citation Technologies, Inc. In July 2012, the Company acquired GlobalSpec, Inc. On April 16, 2011, IHS acquired ODS-Petrodata (Holdings) Ltd. ODS-Petrodata is a provider of data, information, and market intelligence to the offshore energy industry. On April 26, 2011, it acquired Dyadem International, Ltd. (Dyadem). Dyadem offers operational risk management and quality risk management solutions. On May 2, 2011, the Company acquired Chemical Market Associates, Inc. (CMAI). CMAI is a leading provider of market and business advisory services for the worldwide petrochemical, specialty chemicals, fertilizer, plastics, fibers, and chlor-alkali industries. On August 10, 2011, the Company acquired Seismic Micro-Technology (SMT). SMT offers Windows-based exploration and production software, and its solutions are used by geoscientists worldwide to evaluate potential reservoirs and plan field development. On November 10, 2011, it acquired Purvin & Gertz. Purvin & Gertz is a global advisory and market research firm that provides technical, commercial, and strategic advice to international clients in the petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries. Energy and Power IHS covers the technical and economic spectrum of energy and power. Detailed records and forecasts on oil, gas and coal supplies, combined with insights on traditional and emerging energy markets, help enable its customers to make decisions. Its offerings include production information on more than 90 % of the world's oil and gas production in more than 100 countries; oil and gas well data that includes geological information on more than four million current and historic wells worldwide; energy activity data that includes current and future seismic, drilling and development activities in more than 180 countries and 335 hydrocarbon-producing regions worldwide; information and research to develop unconventional hydrocarbon resources-shale gas, coal bed methane and heavy oil; knowledge of energy markets, strategies, industry trends, and companies; information and research summits, such as IHS CERAWeek and the IHS Herold Pacesetters Energy Conference, which offer decision makers the opportunity to interact with its experts, and critical information about analysis of coal, nuclear and renewables, including wind, solar, and hydro power. The Company competes with DrillingInfo, Inc., TGS-NOPEC Geophysical Company, Deloitte Touche Tohmatsu Limited, Accenture, Deloitte, Wood Mackenzie, Ltd., Schlumberger Limited, Halliburton, LMKR and Paradigm Ltd. Design and Supply Chain IHS Design and Supply Chain solutions provide information for customers that allow them to manage a product from conception to research and development to production, maintenance and disposal. It also provides companies access to specifications and standards. The Company�� offerings include market and technology research and analysis; standards management solutions, including more than 370 commercial and military standards and specification publishing organizations; advanced product design and process engineering; strategic product content and supply chain management; environmentally compliant product design; counterfeit part risk mitigation; product performance and cost optimization, and indirect parts and maintenance, repair, and operations logistics, inventory and cash flow optimization tables, including wind, solar, and hydro power. The Company competes with SAI Global and Thomson Reuters Corporation. Defense, Risk and Security IHS delivers open source intelligence in the areas of global defense, risk, and security, including maritime domain awareness. IHS offers open source intelligence solutions for military planners, national security analysts, and defense and maritime industry strategy and planning professionals. The Company�� offerings include military and national security assessments; defense equipment and technology information; defense budgets and procurement forecasting; defense industry trends and analysis; terrorism and insurgency analysis; global commercial ship identification and specifications; live tracking of commercial ship movements; shipping and shipbuilding markets and forecasts, and ports and port security information. The Company competes with McGraw-Hill, Gannett, Forecast International and Control Risks Group. EHS and Sustainability IHS EHS and Sustainability solutions support critical decisions around environmental, health and safety, operational risk, greenhouse gas and energy, product stewardship and corporate responsibility. The Company�� offerings include global and local software implementations; material compliance and lifecycle information content; strategic planning services in greenhouse gas management and cap-and-trade; compliance and verification expertise for local, regional, national, and international EHS and sustainability management system responsibilities, and risk management assessment across a range of industries. The Company competes with SAP and Verisk. Country and Industry Forecasting IHS delivers detailed forecasts and analysis of economic conditions within political, economic, legal, tax, operational, and security environments worldwide. Additionally, IHS provides forecasts, market-sizing, and risk assessments for a number of industries worldwide, including aerospace and defense, agriculture, automotive, chemicals, construction, consumer and retail, energy, finance, government, healthcare and pharmaceutical, military and security, mining and metals, commerce and transport, and telecommunications. Its offerings include in-depth analysis of the business conditions, economic prospects, and risks in more than 200 countries and more than 170 industries; security risk analysis and daily updates on both Foreign Direct Investment (FDI) and sovereign risk ratings in more than 200 countries; event-driven updates of its risk analysis and ratings; short-, medium- and long-term forecasts for business planning and decision making; historical information since 1970; Deep market intelligence for the automotive, agriculture, chemicals, construction, consumer goods, commerce and transport, energy, financial, healthcare and pharmaceutical, telecommunications, and steel industries; and scenario explorations examining alternative outcomes to the questions impacting global business. The Company competes with Economist Intelligence Unit and Moody's Corporation. Commodities, Pricing and Cost IHS offers information, forecasts, and analysis to help its customers understand the how, when, and what of commodity prices and labor costs. IHS analysts monitor and forecast more than 1,300 global price, wage, and manufacturing costs across the regions for sectors, including energy products, chemicals, steel, nonferrous metals, industrial machinery and equipment, electronic components, paper and packaging, transportation, and building materials. Its offerings include analysis and forecasts for more than 1,300 global price, wage, and manufacturing costs; market intelligence of drivers, assumptions, and risks relating to commodity and service prices; cost and price data with actionable insights; forecasts covering global spot market prices, wages, and material costs; advisory forums to assist in monitoring, forecasting, and managing power and energy portfolio project costs, and consulting capabilities that enable clients to source materials.
Advisors' Opinion: - [By Laura Brodbeck]
Next week investors will be waiting for several key earnings reports including Family Dollar Stores�(NYSE: FDO), Micron Technology�(NASDAQ: MU), Constellation Brands�(NYSE: STZ),�IHS (NYSE: IHS), and Sonic (NASDAQ: SONC).
- [By Rich Smith]
Colorado-based IHS (NYSE: IHS ) will be under new management soon. The business analytics provider announced Wednesday that current President and Chief Operating Officer Scott Key will take over the role of President and Chief Executive Officer from Jerre Stead on June 1.
5 Best Energy Stocks To Watch Right Now: Fleetcor Technologies Inc (FLT)
FleetCor Technologies, Inc. (FleetCor) is an independent global provider of specialized payment products and services to businesses, commercial fleets, oil companies, petroleum marketers and government entities in countries throughout North America, Latin America and Europe. During the year ended December 31, 2011, the Company processed more than 215 million transactions on its networks and third-party networks. The Company operates in two segments: North American and International segments. The Company provides its payment products and services in a variety of combinations to create payment solutions for its customers and partners. In August 2011, the Company acquired Mexican prepaid fuel card and food voucher business based in Mexico City, Mexico. On December 13, 2011, the Company acquired Allstar Business Solutions Limited, a fleet card company based in the United Kingdom. In July 2012, the Company acquired a Russian fuel card company. In July 2012, the Company acquired CTF Technologies, Inc.
The Company uses third-party networks to deliver its payment programs and services. In order to deliver its payment programs and services and process transactions, it owns and operates closed-loop networks through which it electronically connects to merchants and captures, analyzes and reports information. The Company also provides a range of services, such as issuing and processing. The Company markets its payment products directly to a range of commercial fleet customers, including vehicle fleets of all sizes and government fleets. Among these customers, it provides its products and services to small and medium commercial fleets. The Company also manages commercial fleet card programs for oil companies, such as British Petroleum (BP) (including its subsidiary Arco), Chevron and Citgo, and over 800 petroleum marketers.
The Company sells a range of fleet and lodging payment programs directly and indirectly through partners, such as oil companies and petroleum marketers. It provides it! s customers with various card products that function like a charge card to purchase fuel, lodging and related products and services at participating locations. The Company supports these cards with issuing, processing and information services that enable it to manage card accounts, facilitate the routing, authorization, clearing and settlement of transactions. The Company provides these services in a variety of outsourced solutions ranging from an end-to-end solution (consisting issuing, processing and network services) to limited back office processing services.
In addition, the Company offers a telematics solution in Europe that combines global positioning, satellite tracking and other wireless technology to allow fleet operators to monitor the capacity utilization and movement of their vehicles and drivers. The Company offers prepaid fuel and food vouchers and cards in Mexico that may be used as a form of payment in restaurants, grocery stores and gas stations. Approximately 10.4% of its revenue during the year ended December 31, 2011 came from its lodging and telematics products.
During 2011, the Company owns and operates eight closed-loop networks in North America and internationally. Fuelman network is the Company�� primary fleet card network in the United States. Corporate Lodging Consultants network (CLC) is the Company�� lodging network in the United States and Canada. The CLC Lodging network covers more than 17,700 hotels across the United States and Canada. Commercial Fueling Network (CFN) is the Company�� members only unattended fueling location network in the United States and Canada. Keyfuels network is the Company�� primary fleet card network in the United Kingdom.
CCS network is the Company�� primary fleet card network in the Czech Republic and Slovakia. Petrol Plus Region (PPR) network is the Company�� primary fleet card network in Russia, Poland, Ukraine, Belarus, Lithuania, Estonia and Latvia. Mexican network is the Company�� fuel! and food! card and voucher network in Mexico. Allstar network is the Company�� fleet card network in the United Kingdom. In the United States, the Company issues corporate cards that utilize the MasterCard payment network, which includes 176,000 fuel sites and 398,000 maintenance locations across the country. The networks of locations owned by the Company�� oil and petroleum marketer partners in both North America and internationally are utilized to support the card programs of these partners.
UNION TANK Eckstein GmbH & Co. KG (UTA) operates a network of over 46,000 fleet card-accepting locations across 38 countries throughout Europe, including more than 31,000 fueling sites. DKV operates a network of over 45,000 fleet card-accepting locations across 36 countries throughout Europe, including more than 30,500 fueling sites. In Mexico, the Company issues fuel cards and food cards that utilize the Carnet payment network, which includes approximately 8,700 fueling sites and 78,890 food locations across the country.
The Company competes with Wright Express Corporation, Comdata Corporation, U.S. Bank Voyager Fleet Systems Inc., Edenred and Sodexo, Inc.
Advisors' Opinion: - [By gurujx]
Fleetcor Technologies Inc. (FLT): President, Developing Markets Charles Richard Freund Sold 75,000 Shares
President, Developing Markets of Fleetcor Technologies Inc. (FLT) Charles Richard Freund sold 75,000 shares on 12/31/2013 at an average price of $116.07.
- [By Steve Sears]
New stocks in what Goldman calls the “Hedge Fund VIP list,”�include Actavis (ACT), Baidu (BIDU), Berkshire Hathaway (BRK.B), Crown Castle International (CCI), Entergy Louisiana (ELB), �Equinix (EQIX), Facebook (FB), Fleetcor Technologies (FLT), W.R. Grace (GRA), MetLife (MET), Macquarie Infrastructure (MIC), Micron (MU), Time Warner Cable (TWC), and Time Warner (TWX).
- [By Rich Smith]
Moving quickly to establish synergies on its Australian purchase of Fleet Card from General Electric (NYSE: GE ) last month, Norcross, Ga.-based FleetCor (NYSE: FLT ) is buying another fuel card-issuing and payment-processing business right next door.
5 Best Energy Stocks To Watch Right Now: Pembina Pipeline Corp (PBA)
Pembina Pipeline Corporation (Pembina) is a Calgary-based company, engaged in providing transportation and midstream services. It owns and operates: pipelines that transport conventional and synthetic crude oil and natural gas liquids produced in western Canada; oil sands, heavy oil and diluent pipelines; gas gathering and processing facilities; and, an oil and natural gas liquids infrastructure and logistics business. It has facilities located in western Canada and in natural gas liquids markets in eastern Canada and the United States. Pembina also offers a spectrum of midstream and marketing services. Pembina�� Midstream business is organized into two segments: crude oil and NGL. The crude oil segment represents the Company�� midstream operations. The NGL segment includes two operating systems: Redwater West and Empress East. Pembina's Conventional Pipelines business consists of a pipeline network, located 7,850 kilometers, that extends across much of Alberta and British Columbia.
Advisors' Opinion: - [By Rich Duprey]
Midstream operator Pembina Pipeline (NYSE: PBA ) announced yesterday its monthly dividend for July, of $0.135 per share, which is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's dividends are considered "qualified dividends," subject to Canada's withholding tax.
- [By Rich Duprey]
Midstream operator�Pembina Pipeline� (NYSE: PBA ) �announced yesterday its monthly dividend for May of $0.135 per share,�which is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's dividends are considered "qualified dividends" and are subject to Canadian withholding tax.
- [By Vanin Aegea]
Two companies that have been around for some time now are Imperial Oil (IMO) and Pembina Pipeline (PBA). Political instability in the Middle East has also given an extra relevance to the reserves found at this region, so let us see what the future holds and what gurus think of them.
5 Best Energy Stocks To Watch Right Now: Enterprise Products Partners LP (EPD)
Enterprise Products Partners L.P. (Enterprise), incorporated on April 9, 1998, owns and operates natural gas liquids (NGLs) related businesses of Enterprise Products Company (EPCO). The Company is a North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and certain petrochemicals. Its midstream energy asset network links producers of natural gas, NGLs and crude oil from supply basins in the United States, Canada and the Gulf of Mexico with domestic consumers and international markets. Its midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals; crude oil gathering and transportation, storage and terminals; offshore production platforms; petrochemical and refined products transportation and services; and a marine transportation business that operates on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico. Its assets include approximately 50,000 miles of onshore and offshore pipelines; 200 million barrels of storage capacity for NGLs, petrochemicals, refined products and crude oil; and 14 billion cubic feet of natural gas storage capacity. In addition, its asset portfolio includes 24 natural gas processing plants, 21 NGL and propylene fractionators, six offshore hub platforms located in the Gulf of Mexico, a butane isomerization complex, NGL import and export terminals, and octane isobutylene production facilities. The Company operates in five business segments: NGL Pipelines & Services; Onshore Natural Gas Pipelines & Services; Onshore Crude Oil Pipelines & Services; Offshore Pipelines & Services, and Petrochemical & Refined Products Services.
NGL Pipelines & Services
The Company�� NGL Pipelines & Services business segment includes its natural gas processing plants and related NGL marketing activities; approximately 16,700 miles of NGL pipel! ines; NGL and related product storage facilities; and 14 NGL fractionators. This segment also includes its import and export terminal operations. At the core of its natural gas processing business are 24 processing plants located across Colorado, Louisiana, Mississippi, New Mexico, Texas and Wyoming. Natural gas produced at the wellhead (especially in association with crude oil) contains varying amounts of NGLs. Once the mixed component NGLs are extracted by a natural gas processing plant, they are transported to a centralized fractionation facility for separation into purity NGL products. Once processed, this natural gas is available for sale through its natural gas marketing activities. Its NGL marketing activities generate revenues from the sale and delivery of NGLs it takes title to through its natural gas processing activities and open market and contract purchases from third parties. Its NGL marketing activities utilize a fleet of approximately 670 railcars, the majority of which are leased from third parties.
The Company�� NGL pipelines transport mixed NGLs and other hydrocarbons from natural gas processing facilities, refineries and import terminals to fractionation plants and storage facilities; distribute and collect NGL products to and from fractionation plants, storage and terminal facilities, petrochemical plants, export facilities and refineries, and deliver propane to customers along the Dixie Pipeline and certain sections of the Mid-America Pipeline System. Revenues from its NGL pipeline transportation agreements are based upon a fixed fee per gallon of liquids transported multiplied by the volume delivered. Certain of its NGL pipelines offer firm capacity reservation services. It collects storage revenues under its NGL and related product storage contracts based on the number of days a customer has volumes in storage multiplied by a storage fee. In addition, it charges customers throughput fees based on volumes delivered into and subsequently withdrawn from storage. Its ! principal! NGL pipelines include Mid-America Pipeline System, South Texas NGL Pipeline System, Seminole Pipeline, Dixie Pipeline, Chaparral NGL System, Louisiana Pipeline System, Skelly-Belvieu Pipeline, Promix NGL Gathering System, Houston Ship Channel pipeline, Rio Grande Pipeline, Panola Pipeline and Lou-Tex NGL Pipeline. It operates its NGL pipelines with the exception of the Tri-States pipeline.
The Company�� NGL operations include import and export facilities located on the Houston Ship Channel in southeast Texas. It owns an import and export facility located on land it leases from Oiltanking Houston LP. Its import facility can offload NGLs from tanker vessels at rates up to 14,000 barrels per hour depending on the product. During the year ended December 31, 2012, its average combined NGL import and export volumes were 132 thousand barrels per day. In addition to its Houston Ship Channel import/export terminal, it owns a barge dock also located on the Houston Ship Channel, which can load or offload two barges of NGLs or other products simultaneously at rates up to 5,000 barrels per hour.
The Company owns or have interests in 14 NGL fractionators located in Texas and Louisiana. NGL fractionators separate mixed NGL streams into purity NGL products. The primary sources of mixed NGLs fractionated in the United States are domestic natural gas processing plants, crude oil refineries and imports of butane and propane mixtures. Mixed NGLs sourced from domestic natural gas processing plants and crude oil refineries are transported by NGL pipelines and by railcar and truck to NGL fractionation facilities.
The Company�� NGL fractionation facilities process mixed NGL streams for third party customers and support its NGL marketing activities. It earns revenues from NGL fractionation under fee-based arrangements, including a level of demand-based fees. At its Norco facility in Louisiana, it performs fractionation services for certain customers under percent-of-liquids co! ntracts. ! Its fee-based fractionation customers retain title to the NGLs, which it processes for them. Its NGL fractionators include Mont Belvieu fractionator, Shoup and Armstrong fractionator, Hobbs NGL fractionator, Norco NGL fractionator, Promix NGL fractionators and BRF fractionators.
Onshore Natural Gas Pipelines & Services
The Company�� Onshore Natural Gas Pipelines & Services business segment includes approximately 19,900 miles of onshore natural gas pipeline systems, which provide for the gathering and transportation of natural gas in Colorado, Louisiana, New Mexico, Texas and Wyoming. It leases salt dome natural gas storage facilities located in Texas and Louisiana and own a salt dome storage cavern in Texas, which are integral to its pipeline operations. This segment also includes its related natural gas marketing activities.
The Company�� onshore natural gas pipeline systems and storage facilities provide for the gathering and transportation of natural gas from producing regions, such as the San Juan, Barnett Shale, Permian, Piceance, Greater Green River, Haynesville Shale and Eagle Ford Shale supply basins in the western United States. In addition, these systems receive natural gas production from the Gulf of Mexico through coastal pipeline interconnects with offshore pipelines. Its onshore natural gas pipelines receive natural gas from producers, other pipelines or shippers at the wellhead or through system interconnects and redeliver the natural gas to processing facilities, local gas distribution companies, industrial or municipal customers, storage facilities or to other onshore pipelines.
Its onshore natural gas pipelines generates revenues from transportation agreements under which shippers are billed a fee per unit of volume transported multiplied by the volume gathered or delivered. Its onshore natural gas pipelines offer firm capacity reservation services whereby the shipper pays a contractually stated fee based on the level of through! put capac! ity reserved in its pipelines whether or not the shipper actually utilizes such capacity. Under its natural gas storage contracts, there are typically two components of revenues monthly demand payments, which are associated with a customer�� storage capacity reservation and paid regardless of actual usage, and storage fees per unit of volume stored at its facilities. The Company�� natural gas marketing activities generate revenues from the sale and delivery of natural gas obtained from third party well-head purchases, regional natural gas processing plants and the open market.
Onshore Crude Oil Pipelines & Services
The Company�� Onshore Crude Oil Pipelines & Services business segment includes approximately 5,100 miles of onshore crude oil pipelines, crude oil storage terminals located in Oklahoma and Texas, and its crude oil marketing activities. Its onshore crude oil pipeline systems gather and transport crude oil in New Mexico, Oklahoma and Texas to refineries, centralized storage terminals and connecting pipelines. Revenue from crude oil transportation is based upon a fixed fee per barrel transported multiplied by the volume delivered.
The Company owns crude oil terminal facilities in Cushing, Oklahoma and Midland, Texas, which are used to store crude oil volumes for it and its customers. Under its crude oil terminaling agreements, it charges customers for crude oil storage based on the number of days a customer has volumes in storage multiplied by a contractual storage fee. With respect to storage capacity reservation agreements, it collects a fee for reserving storage capacity for customers at its terminals. In addition, it charges its customers throughput (or pumpover) fees based on volumes withdrawn from its terminals. It provides fee-based trade documentation services whereby it documents the transfer of title for crude oil volumes transacted between buyers and sellers at its terminals. The Company�� crude oil marketing activities generate revenues! from the! sale and delivery of crude oil obtained from producers or on the open market.
Offshore Pipelines & Services
The Company�� Offshore Pipelines & Services business segment serves active drilling and development regions, including deepwater production fields, in the northern Gulf of Mexico offshore Texas, Louisiana, Mississippi and Alabama. This segment includes approximately 2,300 miles of offshore natural gas and crude oil pipelines and six offshore hub platforms. Its offshore Gulf of Mexico pipelines provide for the gathering and transportation of natural gas or crude oil. Revenue from its offshore pipelines is derived from fee-based agreements whereby the customer is charged a fee per unit of volume gathered or transported multiplied by the volume delivered. Poseidon Oil Pipeline Company, L.L.C. (Poseidon), in which it has a 36% equity method investment, purchases crude oil from producers and shippers at a receipt point (at a fixed or index-based price less a location differential) and then sells quantities of crude oil at onshore Louisiana locations (at the same fixed or index-based price, as applicable).
The Company�� offshore platforms are components of its pipeline operations. Platforms are used to interconnect the offshore pipeline network; provide means to perform pipeline maintenance; locate compression, separation and production handling equipment and similar assets, and conduct drilling operations during the initial development phase of an oil and natural gas property. Revenues from offshore platform services consist of demand fees and commodity charges. Revenue from commodity charges is based on a fixed-fee per unit of volume delivered to the platform multiplied by the total volume of each product delivered.
Petrochemical & Refined Products Services
The Company�� Petrochemical & Refined Products Services business segment consists of propylene fractionation plants, pipelines and related marketing activities; a butane isom! erization! facility and related pipeline system; octane enhancement and isobutylene production facilities; refined products pipelines, including its Products Pipeline System, and related marketing activities, and marine transportation and other services.
The Company�� propylene fractionation and related activities consist of seven propylene fractionation plants (six located in Mont Belvieu, Texas and a seventh in Baton Rouge, Louisiana), propylene pipeline systems aggregating approximately 680 miles in length and related petrochemical marketing activities. This business includes an export facility and associated above-ground polymer grade propylene storage spheres located in Seabrook, Texas. Results of operations for its polymer grade propylene plants are dependent upon toll processing arrangements and petrochemical marketing activities. The toll processing arrangements include a base-processing fee per gallon (or other unit of measurement). Its petrochemical marketing activities include the purchase and fractionation of refinery grade propylene obtained in the open market and generate revenues from the sale and delivery of products obtained through propylene fractionation. The revenues from its propylene pipelines are based upon a transportation fee per unit of volume multiplied by the volume delivered to the customer. As part of its petrochemical marketing activities, it has refinery grade propylene purchase and polymer grade propylene sales agreements. Its butane isomerization business includes three butamer reactor units and eight associated deisobutanizer units located in Mont Belvieu, Texas, which comprise the commercial isomerization facility in the United States.
The Company�� commercial isomerization units convert normal butane into mixed butane, which is fractionated into isobutane, isobutane and residual normal butane. The uses of isobutane are for the production of propylene oxide, isooctane, isobutylene and alkylate for motor gasoline. These processing arrangements inclu! de a base! -processing fee per gallon (or other unit of measurement). Its isomerization business also generates revenues from the sale of natural gasoline created as a by-product of the isomerization process. The Company owns and operates an octane enhancement production facility located in Mont Belvieu, Texas, which produces isooctane, isobutylene and methyl tertiary butyl ether (MTBE). The products produced by this facility are used in reformulated motor gasoline blends. The isobutane feedstocks consumed in the production of these products are supplied by its isomerization units. The Company owns a facility located on the Houston Ship Channel, which produces high purity isobutylene (HPIB). The feedstock for this plant is produced by its octane enhancement facility located at its Mont Belvieu complex. HPIB is used in the production of alkylated phenols used as antioxidants, lube oil additives, butyl rubber and resins.
Refined products pipelines and related activities consist of its Products Pipeline System, equity method investment in Centennial Pipeline LLC (Centennial) and refined products marketing activities. The Products Pipeline System transports refined products, and petrochemicals, such as ethylene and propylene and NGLs, such as propane and normal butane. These refined products are produced by refineries and include gasoline, diesel fuel, aviation fuel, kerosene, distillates and heating oil. Refined products also include blend stocks, such as raffinate and naphtha. Blend stocks are used to produce gasoline or as a feedstock for certain petrochemicals. The Centennial Pipeline intersects its Products Pipeline System near Creal Springs, Illinois, and loops the Products Pipeline System between Beaumont, Texas and south Illinois. In addition, it has refined products terminals located at Aberdeen, Mississippi and Boligee, Alabama adjacent to the Tombigbee River and on the Houston Ship Channel in Pasadena, Texas. Its related marketing activities generate revenues from the sale and delivery of refin! ed produc! ts obtained from third parties on the open market.
The Company�� marine transportation business consists of tow boats and tank barges, which are used to transport refined products, crude oil, asphalt, condensate, heavy fuel oil, liquefied petroleum gas and other petroleum products along inland and intracoastal the United States waterways. Its marine transportation assets service refinery and storage terminal customers along the Mississippi River, the intracoastal waterway between Texas and Florida and the Tennessee-Tombigbee Waterway system. It owns a shipyard and repair facility located in Houma, Louisiana and marine fleeting facilities in Bourg, Louisiana and Channelview, Texas. Other services consist of the distribution of lubrication oils and specialty chemicals and the bulk transportation of fuels by truck, in Oklahoma, Texas, New Mexico, Kansas and the Rocky Mountain region of the United States.
Advisors' Opinion: - [By Dan Caplinger]
On Tuesday, Enterprise Products Partners (NYSE: EPD ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
5 Best Energy Stocks To Watch Right Now: Suzlon Energy Ltd (SUZLON)
Suzlon Energy Limited (SEL) is an India-based wind power company. The Company along with its subsidiaries is in the business of selling and installing wind turbine generators (WTGs). It is engaged in the manufacture of wind turbine generators of various capacities and its components. Its operations relate sale of WTGs and allied activities including sale/sub-lease of land, infrastructure development income; sale of gear boxes, and sale of foundry and forging components. Others primarily include power generation operations. The Company�� subsidiaries include Suzlon Towers and Structures Limited, Suzlon Power Infrastructure Limited, Suzlon Infrastructure Services Limited, Suzlon Gujarat Wind Park Limited, Suzlon Structure Limited, SE Forge Limited, SE Composites Limited, Suzlon Wind International Limited, SE Electricals Limited, Suzlon Rotor Corporation, AE Rotor Holding B.V. and Suzlon Energy A/S.
5 Best Energy Stocks To Watch Right Now: Exxon Mobil Corporation(XOM)
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. As of December 31, 2010, it operated 35,691 gross and 30,494 net operated wells. The company has operations in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was founded in 1870 and is based in Irving, Texas.
Advisors' Opinion: 5 Best Energy Stocks To Watch Right Now: Solar Energy Initiatives Inc (SNRY.PK)
Solar Energy Initiatives, Inc., incorporated on June 20, 2006, is a provider of solar solutions with three wholly owned subsidiaries focused on projects, solar education and distribution of solar products. Its products include solar panels, inverters, solar thermal systems, system design, financial consulting and analysis, construction management, and maintenance and monitoring. The SNRYPower subsidiary is a developer and manager of municipal and commercial scale solar projects. The Solar-EOS Inc subsidiary is engaged in education and continuous improvement of solar energy trade professionals. The SNRYSolar Inc subsidiary is a wholesale distributor of branded photovoltaic and thermal (water heating) systems selling via a network of dealers throughout the United States and the Caribbean. During the fiscal year ended July 31, 2010 (fiscal 2010), the Company sold its interests in SolarEnergy.com, a domain name and digital property back to its original owner. In February 20 11, the sold its Solar (EOS) Division.
Solar EOS, Inc.
Solar EOS, Inc. is a wholly owned subsidiary of Solar Energy Initiatives, Inc. It is an education group dedicated to the creation, training, advancement and continuous improvement of professionals through standard and customized solar training programs and workforce development. It supports the growth of the solar industry through training and education. Solar EOS provides training through its Professional Development Institute and through its Technical Installation Schools, as well as through its Customized Training Programs.
Professional Development Institute offers programs to architects, engineers, general contractors, roofers, plumbers, facility managers and owner�� representatives. The institute offers solar courses to members of the professional communities. Many courses provide needed continuing education units for licensure and professional registrations. Solar EOS is al so an approved Ukulele Society of Great Britain (USGB) Edu! ca! tion Provider. These classes are paid for by the professional or his company when taking the course.
Technical Installation Schools focus on workforce development and public/private partnerships. The school trains the next generation of solar thermal and photovoltaic installers in construction best practices, utilizing hands-on training, real world situations, theory and design coursework, and professional development training. Career Services programs, partnerships and dealer relationships drive the job placement of the students. These courses are paid for by the business rather than the individuals.
Customized Training Programs work through partnerships with universities, community and technical colleges, non profits, corporations, professional organizations, municipalities and workforce redevelopment agencies to meet the specific needs of groups of students. The Company writes the curriculum, provides the instructors, coordinates workshops, dev elops training programs, and hosts webinars and on-demand webcasts. The students do not pay for the course but is paid for through a variety of government programs in the form of a grant. As of October, 2010, the Company entered the fourth class for the Technical Installation School and graduated over 50 students, and trained more than 100 professionals in its Professional Development Institute.
SNRY Solar Inc.
SNRY Solar Inc. is a wholly owned subsidiary of Solar Energy Initiatives, Inc. (SEI). SNRY Solar is responsible for two areas: wholesale sales and government programs. SNRY Solar represents several manufacturers of solar systems and components in the Photovoltaic (PV), Solar Thermal / Hot Water (HW) and solar pool heating systems. SNRY Solar inventories and sells these components and systems to a network of installers, dealers and other business types across the United States and the Caribbean. SNRY Solar provides technical information, supp ly coordination and extensive sales support to aide th! ese in! d! ependent! businesses. These support functions include but are not limited to preliminary engineering, scoping and drawings to support sales activity as well as lead generation tools, product recommendation and proposal support. SNRY Solar has developed business models which engage community groups, local, state and federal leaders and grass roots organizations to seek available funds to support job creation through solar.
SNRY POWER Inc.
SNRY POWER Inc. is a wholly owned subsidiary that focuses on developing solar photovoltaic (PV) panel systems for either mounting on the ground or on rooftops. These systems, once installed, generate electricity that is sold to various third parties including utilities, home and business owners, municipalities and other government agencies. In the Power Purchase Agreement (PPA) program, the Company builds the PV system at no charge to the host (the municipality or other customer). The system is built on space (either land o r rooftop) provided by the host in exchange for a reduction in the hosts payment for electricity (usually expressed in cents per kilowatt hour (KWh).
The Company is constructing a one mega watt (MW) ground mounted solar PV system on land provided by the Cherokee School District in North Carolina. It has secured construction financing to build 50% of the system and considering selling the system in fiscal 2010.
Solar panels are solar cells electrically connected together and encapsulated in a weatherproof package. The Company purchases from Suntech, GE Solar, BP Solar and other vendors in the Unites States and off-shore. Inverters transform direct current (DC), electricity produced by solar panels into alternating current (AC), electricity used in homes and businesses. Inverters are used in every on-grid solar power system and feed power either directly into the structure�� electrical circuit or into the utility grid. In North America, it sells b randed inverters designed for use in residential ! and comme! rc! ial syste! ms. Inverters it sources include models spanning a power range of 2.5 to 500 kilowatts. Its inverters are manufactured by Solectria, Xantrex, SMA Technologies, AG and PV Powered. Solar thermal systems include a solar collector, which gathers solar radiation to heat air or water for domestic, commercial or industrial use, piping and/or pump(s) to move heated water and a tank for storage. The Company provides dealers and customers with a variety of services, including system design, energy efficiency, financial consulting and analysis, construction management and maintenance and monitoring. Solar electric and solar thermal systems are designed to take into account the customer�� location, site conditions and energy needs.
The Company competes with groSolar, Sunpower, Sunwize, BP Solar, Evergreen Solar and GE Solar.
5 Best Energy Stocks To Watch Right Now: Osage Exploration and Development Inc (OEDV)
Osage Exploration and Development, Inc. (Osage) is an oil and natural gas exploration and production company with reserves and production in the country of Colombia and the state of Oklahoma. The Company�� pipeline is located in Colombia. The Companys focuses on developing its 28,000-acre Horizontal Mississippian block along the Nemaha Ridge in Logan County, Oklahoma, with their partners Slawson Exploration, and U.S. Energy Development Corp. The Company generates oil sales from its production operations in Colombia and in the state of Oklahoma and pipeline revenues from its Cimarrona property in Colombia. During the year ended December 31, 2011, the Company drilled two salt water disposal wells and commenced drilling the Wolfe#1-29H, the Company�� horizontal Mississippian well in Logan County, Oklahoma. In January 2012, the Company began drilling the Krittenbrink 2-36H, the Company�� second well in Logan County.
The Company�� subsidiary, Cimarrona LLC, owns a 9.4% interest in certain oil and gas assets in the Guaduas field, located in the Dindal and Rio Seco Blocks that consist of 21 wells, of which seven are producing, that covers 30,665-acres in the Middle Magdalena Valley in Colombia, as well as a pipeline with a capacity of approximately 30,000 barrels of oil per day. The Cimarrona property, but not the pipeline, is subject to an Ecopetrol Association Contract (the Association Contract) whereby the Company pays Ecopetrol S.A. (Ecopetrol) royalties of 20% of the oil produced.
The Company has acquired oil and gas leases in Logan County, Oklahoma targeting the Mississippian formation. The Mississippian formation is located on the Anadarko Shelf in northern Oklahoma and south-central Kansas. The top of this expansive carbonate hydrocarbon system is encountered between 4,000 and 6,000 feet and lies stratigraphically between the Pennsylvanian-aged Morrow Sand and the Devonian-aged Woodford Shale formations. The Mississippian formation reach 600 feet in gross thickness a! nd the targeted porosity zone is between 50 and 300 feet in thickness. The Company owns 100% of the working interest in certain producing oil and natural gas leases located in Osage County, Oklahoma (Hopper Property). The Property consists of 23 wells, 10 of which are producing wells, on 480 acres.
Advisors' Opinion: - [By CRWE]
Today, OEDV surged (+6.78%) up +0.08 at $1.26 with 39,220 shares in play thus far (ref. google finance Delayed: 11:56AM EDT August 22, 2013).
Osage Exploration and Development, Inc. previously reported financial results for the three months ended June 30, 2013 and provided an update on field operations. For the quarter, the Company reported a 75.8% increase in revenues of $2.4 million compared to the same period in 2012, and operating income of $1.2 million versus a loss of $274,563 for the period ending June 30, 2012.
Osage participated in drilling ten wells during the second quarter, bringing the total number of wells in which Osage has an interest to twenty-nine as of June 30, 2013. Additionally, the Company reported average daily production roughly in-line with first quarter production.
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Chip Litherland