U.S. stocks traded lower this morning, with the Dow Jones dropping around 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.32% to 30,088.03 while the NASDAQ fell 0.89% to 11,120.70. The S&P 500 also fell, dropping, 0.57% to 3,768.14. Also check this: Volatility In Markets Increases After Fed Raises Interest Rates Leading and Lagging Sectors Energy shares rose by 0.5% on Thursday. Meanwhile, top gainers in the sector included BP Prudhoe Bay Royalty Trust (NYSE: BPT ), up 3% and PBF Energy Inc. (NYSE: PBF ) up 6%. In trading on Thursday, consumer discretionary shares fell by 1.5%. Top Headline US initial jobless claims increased by 5,000 to 213,000 in the week ended September 17th, compared to market estimates of 218,000. Equities Trading UP ShiftPixy, Inc. (NASDAQ: PIXY ) shares shot up 31% to $17.84. ShiftPixy, on Wednesday, announced pricing of $5 million private placement. Shares of Albireo Pharma, Inc. (NASDAQ: ALBO ) got a boost, shooting 13% to $19.64.
In last trading session, BP Prudhoe Bay Royalty Trust (NYSE:BPT) saw 0.34 million shares changing hands with its beta currently measuring 0.01. Company’s recent per share price level of $16.76 trading at $1.26 or 8.13% at ring of the bell on the day assigns it a market valuation of $353.80M. That closing price of BPT’s … BP Prudhoe Bay Royalty Trust (NYSE:BPT) Shares Plunged -3.29% In A Week – But Can It Maintain Its Gains? Read More »
Source: Leremy / Shutterstock Let’s think about stocks in their simplest terms. At any point, a stock is doing one of three things, right? It’s either going up, down, or sideways. By the laws of financial physics, those are the only three things a stock can ever do. That is the full extent of their behavior. Let’s extrapolate that further. If stocks only go up, down, or sideways, then that means stocks live their entire “lives” in four stages. Either: The stock is going sideways after going down. The stock is going up. The stock is going sideways after going up. Or the stock is going down. That, in a nutshell, is the simple pattern that all stocks follow. They are either in Stage 1 (bottoming, or going sideways after going down), Stage 2 (breaking out, or moving higher after bottoming), Stage 3 (topping, or going sideways after going up), or Stage 4 (declining, or going down after topping). If you look at the simple illustration above, the best investment strategy for any stock can be simply deduced.
Editor’s Note : Eric here – today, I have a special guest issue from InvestorPlace’s own Luke Lango. The stock market was struggling, even before Fed Chairman Jerome Powell triggered a 4% selloff last Friday with his stark, anti-inflation speech at Jackson Hole. And the market continues to struggle today. But in the midst of the gloom, Luke and his team offer a ray of hope… and a new path forward. Hey there, my name’s Luke Lango. There’s always a bull market somewhere. And there’s one happening right now . Yes, even just days after the U.S. Federal Reserve promised that the U.S. economy would experience “pain” and the Dow Jones dropped 1,000 points. Even in the midst of that, there were still bull markets out there. On Friday, when the Dow dropped a thousand points, still 1,296 U.S. stocks rose on that day – and two rose more than 1,000%! Just like in 2008, when the Great Financial Crisis caused a widespread crash on Wall Street, still a dozen U.S. stocks more than doubled. Also like in 2001, when stocks were reeling from the dot-com crash, still more than 25 stocks rose more than 300% in that year.
Source: Lightspring / Shutterstock There’s always a bull market somewhere. And indeed, there’s one happening right now. Yes, it’s just days after the Fed promised the U.S. economy would experience “pain” and the Dow dropped 1,000 points. Even amid that, there were still bull markets out there. On Friday, when the Dow plummeted, 1,296 U.S. stocks still rose on that day. And two rose more than 1,000%! Just like in 2008, when the financial crisis caused a widespread crash, a dozen stocks still more than doubled. Not to mention 2001. When stocks were reeling from the dot-com crash, more than 25 stocks still rose more than 300% that year. Indeed, no matter the macroeconomic conditions – boom or bust, expansion or recession, bull market or bear market, rally or crash – there’s always a bull market somewhere. We just have to find it. Luckily, we’ve developed a proprietary and exceptionally complex quantitative system to find those bull markets wherever they are. And on Wednesday, Aug. 31 , we are going to unveil that system to the public for the first time .
BPT unitholders are projected to lose 80% of their capital over the next five years based on today''s oil price of $90. Read here for more.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Monday. The Dow traded up 0.55% to 31,460.80 while the NASDAQ rose 1.15% to 11,584.68. The S&P also rose, gaining, 0.7709% to 3,890.32. Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling Leading and Lagging Sectors Energy shares rose 2.8% on Monday. Meanwhile, top gainers in the sector included North European Oil Royalty Trust (NYSE: NRT ), up 20% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 14%. In trading on Monday, utilities shares fell by 0.7%. Top Headline The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June’s reading of 67. Analysts, however, were expecting a reading of 65. Equities Trading UP Tantech Holdings Ltd (NASDAQ: TANH ) shares shot up 63% to $0.4228 after the company posted a narrower FY loss. Shares of Qudian Inc. (NYSE: QD ) got a boost, shooting 52% to $1.8050 after the company … Full story available on Benzinga.
In trading on Monday, rental, leasing, & royalty shares were relative leaders, up on the day by about 6.4%. Leading the group were shares of North European Oil Royality Trust, up about 22.7% and shares of BP Prudhoe Bay Royalty Trust up about 15.1% on the day.
During the last session, BP Prudhoe Bay Royalty Trust (NYSE:BPT)’s traded shares were 0.47 million, with the beta value of the company hitting 0.10. At the end of the trading day, the stock’s price was $16.66, reflecting an intraday gain of 2.90% or $0.47. The 52-week high for the BPT share is $26.08, that puts … After A -22.87% Drop In The Last Week, Does BP Prudhoe Bay Royalty Trust (NYSE: BPT) Still Make Sense To Buy? Read More »
Gainers: Indonesia Energy Corporation (INDO) +22%. Advent Technologies Holdings (ADN) +12%. Losers: Electra Battery Materials (ELBM) -9%. BP Prudhoe Bay Royalty Trust (BPT) -8%.
BP Prudhoe Bay Royalty Trust (NYSE:BPT) declares $1.405/share quarterly dividend, 29.3% increase from prior dividend of $1.087.Forward yield 28.1%Payable July 20; for shareholders of record…
U.S. stocks turned sharply lower toward the end of trading, with the Dow Jones dropping more than 400 points on Tuesday. The Dow traded down 1.38% to 31,004.49 while the NASDAQ fell 2.60% to 11,224.77. The S&P also fell, dropping, 1.81% to 3,829.62. Also check this: U.S. Consumer Confidence And Other Macro Issues For Tuesday Leading and Lagging Sectors Energy shares jumped by 2.2% on Tuesday. Meanwhile, top gainers in the sector included Earthstone Energy, Inc. (NYSE: ESTE ), up 12% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 7%. In trading on Tuesday, consumer discretionary shares fell by 3.6%. Top Headline U.S. goods gap shrank to $104.3 billion in May versus a revised $106.7 billion in April, recording the lowest trade gap so far this year. Exports rose 1.2% to a record high, with imports declining 0.1%. Equities Trading UP Kezar Life Sciences, Inc. (NASDAQ: KZR ) shares shot up 44% to $8.31 after the company announced topline results from the MISSION Phase 2 clinical trial evaluating zetomipzomib.
U.S. stocks traded higher this morning, with the Dow Jones gaining over 350 points on Tuesday. Following the market opening Tuesday, the Dow traded up 1.14% to 31,795.63 while the NASDAQ rose 0.79% to 11,615.62. The S&P also rose, gaining, 0.96% to 3,937.67. Also check this: U.S. Consumer Confidence And Other Macro Issues For Tuesday Leading and Lagging Sectors Energy shares jumped by 2.3% on Tuesday. Meanwhile, top gainers in the sector included Earthstone Energy, Inc. (NYSE: ESTE ), up 6% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 7%. In trading on Tuesday, health care shares rose by just 0.4%. Top Headline U.S. goods gap shrank to $104.3 billion in May versus a revised $106.7 billion in April, recording the lowest trade gap so far this year. Exports rose 1.2% to a record high, with imports declining 0.1%. Equities Trading UP Kezar Life Sciences, Inc. (NASDAQ: KZR ) shares shot up 76% to $10.17 after the company announced topline results from the MISSION Phase 2 clinical trial evaluating zetomipzomib.
Gainers Convey Health Solutions Holdings, Inc. (NYSE: CNVY ) shares jumped 138.8% to $10.31 as the company agreed to be taken private by TPG Capital,. Valneva SE (NASDAQ: VALN ) gained 79.4% to $24.60. Pfizer will invest €90.5 million ($95 million) for an 8.1% stake in Valneva, as the companies updated the terms of agreement for Lyme disease vaccine candidate VLA15. BlackSky Technology Inc. (NYSE: BKSY ) shares jumped 26.4% to $2.5650. BlackSky won a 5-year joint Artificial Intelligence Center contract for AI data readiness. Phoenix New Media Limited (NYSE: FENG ) gained 26.2% to $5.88. Argo Blockchain plc (NASDAQ: ARBK ) jumped 23.9% to $4.66. PermRock Royalty Trust (NYSE: PRT ) gained 22.3% to $8.61. Revlon, Inc. (NYSE: REV ) rose 22.3% to $4.56. Revlon shares jumped 91% on Friday following a report suggesting Reliance Industries is considering buying out the company, which recently filed for bankruptcy. Hallador Energy Company (NASDAQ: HNRG ) gained 20.8% to $7.31. MacroGenics, Inc.
U.S. stocks pared gains midway through trading, with the Dow Jones and S&P 500 turning lower on Tuesday. The Dow traded down 0.63% to 30,325.87 while the NASDAQ rose 0.11% to 10,820.85. The S&P also fell, dropping, 0.34% to 3,736.97. Also check this: Lions Gate Entertainment And 2 Other Stocks Insiders Are Buying Leading and Lagging Sectors Energy shares jumped by 2.5% on Tuesday. Meanwhile, top gainers in the sector included Continental Resources, Inc. (NYSE: CLR ), up 14% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 9%. In trading on Tuesday, utilities shares fell by 1.7%. Top Headline US producer prices rose 0.8% month-over-month in May, following a 0.4% increase in the previous month. Analysts were also expecting for a 0.8% increase in prices. Equities Trading UP Sonim Technologies, Inc. (NASDAQ: SONM ) shares shot up 22% to $0.6343 after the company announced multiple additional purchase orders totaling $6.4 million in initial stocking orders from U.S. and Canadian carriers. Shares of Soleno Therapeutics, Inc. (NASDAQ: SLNO ) got a boost, shooting 23% to $0.2097 after the …
BP Prudhoe Bay Royalty Trust (NYSE:BPT) traded at $24.33 at close of the session on Tuesday, 06/07/22, made an upward move of 1.08% on its previous day’s price. Looking at the stock we see that its previous close was $24.07 and the beta (5Y monthly) reads 0.04 with the day’s price range being $22.33 – … Before You Invest, Make Sure You Check This BP Prudhoe Bay Royalty Trust (NYSE: BPT) Analysis Read More »
Gainers: Resolute Forest Products (RFP) +19%. Dakota Gold (DC) +18%. BP Prudhoe Bay Royalty Trust (BPT) +9%. Losers:Gevo (GEVO) -33%. Heliogen (HLGN) -26%. Energy Vault Holdings (NRGV) -15%
Beach Energy and Mitsui E&P Australia have signed a five-year gas supply agreement with Mid-West LNG Pty Ltd to process more gas from Waitsia Stage One at its Xyris Production Facility near Dongara.
De aandelenbeurs in Tokio boekte dinsdag een kleine winst. Vooral de oliebedrijven wisten de aandacht op zich gericht dankzij de duurdere olie. De olieprijzen bereikten het hoogste niveau in jaren na het vastlopen van de gesprekken van oliekartel OPEC en zijn bondgenoten over een verhoging van de olieproductie. De zorgen over de snelle opmars van de Delta-variant van het coronavirus in de regio hielden de koerswinsten daarbij beperkt.De toonaangevende Nikkei in Tokio eindigde uiteindelijk 0,2 procent in de plus op 28.643,21 punten. Inpex, de grootste olieproducent van Japan, klom bijna 2 procent nadat de prijs van een vat Brentolie voor het eerst sinds 2018 tot boven de 77 dollar steeg. Zwaargewicht SoftBank toonde wat herstel en won 1 procent. De techinvesteerder verloor een dag eerder ruim 5 procent door zorgen over de hardere aanpak door Peking van Chinese technologiebedrijven, waarin SoftBank grote belangen heeft.De Chinese beurzen verloren terrein. De hoofdindex in Shanghai noteerde tussentijds 0,9 procent in de min en de Hang Seng-index in Hongkong daalde 0,7 procent.
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Oil and gas company Beach Energy may face a shareholder class action for potentially misleading the market over its rosy projections of Western Flank oil reserves.
Mid-West LNG, a unit of Clean Energy Fuels Australia, has signed a five-year gas supply agreement (GSA) with Beach Energy and Mitsui E&P Australia.
Australian shares looked set to snap a four-day winning rally on Wednesday as blue-chip miners dragged and a rise in domestic coronavirus cases sparked fears of a snap lockdown in the state of Victoria. The S&P/ASX 200 index fell 0.23% to 7,098.6 points by 0024 GMT, a retreat from Tuesday''s two-week closing peak. The benchmark closed 0.98% higher in the previous session. Australia''s second-most populous state of Victoria recorded six new cases of COVID-19 on Wednesday, after an infected person was among about 23,400 people who attended a football match at the Melbourne Cricket Ground during the weekend. Heavyweight Aussie miners tumbled 0.9% as China''s warning against hoarding and speculation kept market participants on the edge and pressured iron ore prices. The country''s mining triumvirate, BHP Group, Rio Tinto and Fortescue Metals, all tumbled over 2% each. Local energy stocks dived 1%, even as oil prices moved a shade higher overnight. Sector heavyweights, Worley Ltd fell 1.8%, followed by Beach Energy Ltd, losing 1.4%.
Blockport (CURRENCY:BPT) traded 1.4% lower against the US dollar during the 24 hour period ending at 0:00 AM ET on May 10th. Blockport has a market cap of $2.23 million and approximately $31,678.00 worth of Blockport was traded on exchanges in the last 24 hours. One Blockport coin can currently be bought for about $0.0386 []
Beach Energy Ltd led losses as it plunged 24% after slashing reserve estimates and earnings outlook following a review of declining output at its Western Flank field in South Australia.
01 Mar 2021 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to close 1.7% higher, that’s 116 points up, to finish at 6,790. Austal (ASX:ASB) shares rose on a new US navy contract. Fortescue Metals Group (ASX:FMG) shares dropped lower today. Senex Energy (ASX:SXY) has completed the sale of its Cooper Basin business to Beach Energy.
27 Jan 2021 - Beach Energy's (ASX:BPT) quarterly sales volumes were down 8 per cent to 6,444 Kilobarrel Of Oil Equivalent on the prior quarter and 3 per cent on the prior corresponding quarter.
Former UBS head of energy and utilities research is making his way back to the sell side.
Perth-based Red Sky Energy is raising $4 million to purchase Beach Energy’s stake in the Killanoola oilfield, in South Australia’s Otway Basin.
Brisbane-headquartered Senex Energy will exit South Australia’s Cooper Basin after more than 20 years, with its assets to be sold to Beach Energy for $87.5 million.
Beach Energy says it will defend a lawsuit claiming it abruptly terminated a $US65 million drilling contract with US-based Diamond Offshore Drilling.
Diamond Offshore sued Australian oil and gas producer Beach Energy Ltd for abruptly terminating a $65 million drilling contract…
Beach Energy says it is in a strong position to weather the oil market rout with its durable gas business and a weaker Australian dollar.
The oil and gas producer has also trimmed earnings expectations for this financial year.
17 Feb 2020 - The Australian share market saw a short-lived spike at the open but has floated lower over the morning trade and is now tracking 0.4% lower after the first two hours of trade.Credit Suisse has upgraded Beach Energy (ASX:BPT) from a neutral to an outperform, with a 12 month price target of $2.49.
Beach Energy has downgraded its production guidance following a weak first half and reduced customer demand as it boosted capital expenditure.
Beach Energy's first-half profit dropped by 2.0 per cent, largely due to its reduced interest in the Victorian Otway asset.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a…
The Japanese major and its Australian partner Beach Energy are set to expand production from the Waitsia gas plant to supply Alinta Energy from July 2020.
It's been a volatile week for equities globally, which were initially spooked on Tuesday another negative print from ISM manufacturing report. Whilst
Le timing apparaît opportun pour se placer sur la valeur Beach Energy Limited et anticiper ainsi une reprise de la tendance de fond. | 12 novembre 2019
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Matt Kay has been the CEO of Beach Energy Limited (ASX:BPT) since 2016. This report will, first, examine the CEO…
Beach Energy Limited (OTCPK:BEPTF) Q4 2019 Results Conference Call August 18, 2019 09:00 PM ET Company Participants Matt Kay - Managing Director and CEO Morné E
Investors who saw the previous quarter's dividends were probably wondering why this past quarter's payout was so paltry.
Midway through trading Monday, the Dow traded down 0.46 percent to 26304.57 while the NASDAQ declined 0.11 percent to 7,930.24. The S&P also fell, …