Cheniere Energy (NYSE:LNG – Get Free Report) released its quarterly earnings results on Thursday. The energy company reported $3.84 EPS for the quarter, topping the consensus estimate of $1.71 by $2.13, Briefing.com reports. The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.52 billion. Cheniere Energy had a net
A German carmaker has given new life to used batteries of electric vehicles. Porsche AG has developed a 5-MW energy storage system from used vehicle batteries. The system is located at the sports carmaker’s plant in Leipzig, Germany. Made up of 4,400 individual battery modules, the storage system can be operated at up to 20
When James Watt’s first commercial steam engine was installed in March 1776 at Bloomfield Colliery, Tipton in the West Midlands, it was hailed as a mechanical marvel. Yet few could have anticipated the way steam engines would change the world. Developed initially to pump water from mines, the technology was adapted across so many industries
Hexagon Capital Partners LLC lifted its stake in Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 19.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 755 shares of the energy company’s stock after buying an additional 124 shares during the quarter. Hexagon Capital Partners LLC’s holdings
Centrus Energy (NYSE:LEU – Free Report) had its price target lowered by Roth Mkm from $62.00 to $55.00 in a research report released on Thursday, Benzinga reports. The firm currently has a buy rating on the stock. Separately, StockNews.com upgraded shares of Centrus Energy to a sell rating in a report on Wednesday. Get Our
A electric car parked at a curbside EV charger, getting a “fill-up.” Photo via Getty Images Sign up for our amNewYork email newsletter to get news, updates, and local insights delivered straight to your inbox! July’s big heatwave set off the Con-Ed alerts across the city: “Please, limit your energy use between 2 pm and
Coterra Energy (NYSE:CTRA – Free Report) had its price target reduced by UBS Group from $36.00 to $34.00 in a report published on Thursday, Benzinga reports. They currently have a buy rating on the stock. Several other research analysts also recently weighed in on the company. Barclays began coverage on Coterra Energy in a research
New Fortress Energy (NASDAQ:NFE – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.50), Briefing.com reports. The business had revenue of $428.00 million for the quarter, compared to analyst estimates of $465.52 million. New Fortress Energy
Park Avenue Securities LLC boosted its stake in Devon Energy Co. (NYSE:DVN – Free Report) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,351 shares of the energy company’s stock after purchasing an additional 467 shares during the period. Park Avenue
GAMMA Investing LLC reduced its stake in Crescent Energy (NYSE:CRGY – Free Report) by 29.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,189 shares of the company’s stock after selling 1,318 shares during the quarter. GAMMA Investing LLC’s holdings in Crescent Energy were