I recently had the opportunity to interview Tom Werner, CEO of solar leader SunPower (NASDAQ: SPWR ) . The company has had improving fundamentals this year but the industry is still highly competitive, so I was interested to find out how SunPower plans to hold off the competition in the future. Below are the highlights from the interview.
Has the industry reached a steady state?
I asked Werner if the industry has reached a steady state now that subsidies are falling away and solar power is competing with the cost of electricity from the grid in some locations. He was hesitant to call it a steady state but thinks a winning formula is starting to emerge.
Werner's view is that companies who can make the transition from selling solar panels to selling energy will be the ones who win in the future. For SunPower, that means offering solar power, monitoring solutions, and leasing services today. As the industry evolves, we'll be talking about a complete energy offering including batteries, efficiency optimization products, and a whole suite of solutions from SunPower. This could be sold to a residence or a commercial building, opening a world of possibilities for the companies who can offer complete solutions.
5 Best Supermarket Stocks To Watch Right Now: Japan Petroleum Exploration Co Ltd (JPTXF)
Japan Petroleum Exploration Co., Ltd. is a company principally involved in the energy business. The Company operates in four geological segments. The Japan segment involves in the production, purchase and sale of crude oil and natural gas in Japan, the contracting of drilling and refurbishment works, mud logging works, research works, geophysical exploration works, the provision of pipeline maintenance services and security guard services, the purchase and sale of petroleum products, the transportation of petroleum and natural gas products, as well as real estate management business. The North America segment involves in the exploration and development of crude oil and natural gas in North America. The Middle East segment involves in the development of crude oil and natural gas. The Others segment involves in the exploration, development and production of crude oil and natural gas in Southeast Asia. As of March 31, 2013, the Company had 26 subsidiaries and 17 associated companies. Advisors' Opinion:- [By WWW.MARKETWATCH.COM]
LOS ANGELES (MarketWatch) -- Japanese stocks have ended with losses in every session this week, and sure enough, the Nikkei Average (JP:NIK) was down 0.6% in early Friday trade, though off an opening 0.8% defecit, while the Topix carried a 0.7% loss. Overnight losses for the U.S. and further strength in the yen (with the dollar falling to 楼101.28 from 楼101.56 a day earlier) helped drag the market lower, as did results from Fast Retailing Co. (JP:9983) (FRCOF) , the shares of which hold the heaviest weighting on Nikkei Average. Fast Retailing said that while its Uniqlo brand was doing great business, weakness for its J Brand luxury demin label helped send September-May profit down 4% and prompted another cut to Fast's full-year outlook. Consequently, its shares traded 0.7% lower, though rivals Takashimaya Co. (JP:8233) and J. Front Retailing Co. (JP:3086) (JFROF) also saw losses of 0.6% and 0.5%, respectively. Among other decliners, Sony Corp. (JP:6758) (SNE) lost 0.7%, Toshiba Corp. (JP:6502) (TOSYY) fell 2.1%, Kawasaki Heavy Industries Ltd. (JP:7012) (KWHIY) fell 1.5%, Toyota Motor Corp. (JP:7203) (TM) and Nissan Motor Co. (JP:7201)
Top 5 Energy Stocks To Buy For 2014: Range Resources Corporation(RRC)
Range Resources Corporation, an independent natural gas company, engages in the acquisition, exploration, and development of natural gas properties primarily in the Appalachian and southwestern regions of the United States. The company?s Appalachian region drilling and producing activities include tight-gas, shale, coal bed methane, and conventional natural gas and oil production in Pennsylvania, Virginia, Ohio, and West Virginia. It owns 4,969 net producing wells, approximately 2,750 miles of gas gathering lines, and approximately 1.8 million gross acres under lease. The company?s Southwestern drilling and producing activities cover the Barnett Shale of North Texas, the Permian Basin of West Texas and eastern New Mexico, the East Texas Basin, the Texas Panhandle, and the Anadarko Basin of Western Oklahoma. It owns 1,954 net producing wells, as well as approximately 886,000 gross acres under lease. As of December 31, 2010, Range Resources Corporation had had 4.4 Tcfe of pr oved reserves. It sells gas to utilities, marketing companies, and industrial users. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.
Advisors' Opinion:- [By Travis Hoium]
What: Shares of Range Resources (NYSE: RRC ) jumped as much as 12% today after reporting earnings.
So what: Management said that second-quarter revenue jumped 50% to $673.4 million, and that it earned $0.34 per share. Expectations were for just $420 million in revenue and profit of $0.32 per share, so the results were far better than expected.
- [By Arjun Sreekumar]
Ideal location
Another major reason the play is so popular is its ideal location. The Northeast hosts some of the largest gas-consuming cities in the country, including New York City, Boston, and Philadelphia, giving Marcellus producers a convenient outlet for their production. Jeff Ventura, CEO of Range Resources (NYSE: RRC ) , one of the most active drillers in the play, explained: - [By Rich Duprey]
Independent oil and gas producer�Range Resources� (NYSE: RRC ) �announced this morning�its second-quarter dividend of $0.04 per share, the same rate it's paid since 2007.
- [By Matt DiLallo]
We saw a prime example when Vanguard recently picked up $275 million in Permian Basin assets from Range Resources (NYSE: RRC ) . For Vanguard, these were perfect MLP assets, with proven reserves of 137 billion cubic feet equivalent and a reserve-to-production ratio of about 20 years. Even better for the gassy Vanguard is that current production is liquids-focused, with natural gas just 41% of production from these Permian assets. The assets simply didn't fit within Range's current plans to grow its production and reserves per share by double digits, so by selling the Permian assets, Range was able to unlock some capital to help fund its higher growth Marcellus and Mississippian acreage.�
Top 5 Energy Stocks To Buy For 2014: Halcon Resources Corp (HK)
Halcon Resources Corporation (Halcon Resources), incorporated on February 5, 2004, is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The Company has oil and natural gas reserves located primarily in Texas, North Dakota, Louisiana, Oklahoma and Montana. On August 1, 2012, the Company acquired GeoResources by merger. On December 6, 2012, the Company completed the acquisition of entities owning approximately 81,000 net acres prospective for the Bakken / Three Forks formations primarily located in Williams, Mountrail, McKenzie and Dunn Counties, North Dakota (the Williston Basin Assets), from Petro-Hunt, L.L.C. and Pillar Energy, LLC (the Petro-Hunt parties). As of December 31, 2012, the Company has working interests in approximately 128,000 net acres prospective for the Bakken / Three Forks formations in North Dakota and Montana.
The Company�� Woodbine / Eagle Ford acreage is prospective for the Woodbine, Eagle Ford and other formations, with targeted depths ranging anywhere from 7,000 feet to 10,400 feet. As of December 31, 2012, The Company has approximately 198,000 net acres leased or under contract primarily in Leon, Madison, Grimes, Brazos, and Polk Counties, Texas. The Company is the operator and has a 100% working interest in more than 12,000 net acres in Wichita and Wilbarger Counties, Texas that it is actively water flooding in shallow Cisco aged Pennsylvania sandstone and limestone reservoirs. As of December 31, 2012, the Company produced 484 million barrels of oil equivalent from approximately 700 active producing wells and approximately 230 active water injection wells.
The Company�� position in the La Copita Field covers 3,720 gross acres and 2,829 net acres in Starr County, Texas. As of December 31, 2012, the Company�� average net daily production was 623 barrels of oil equivalent per day. The Company operates 100% of this production a! nd its working interest ranges from 75% to 100%. The Company has various other oil and natural gas properties with varying working interests located across the United States, including the Austin Chalk Trend and Eagle Ford Shale in Texas, the Fitts-Allen Fields in Central Oklahoma, and various other areas across South Louisiana, Montana, North Dakota, New Mexico, and West Virginia.
Advisors' Opinion:- [By Matt DiLallo]
Last week at its Analyst Day Chesapeake Energy (NYSE: CHK ) unveiled the Utica Shale as its next world-class asset. That's in stark contrast to what Halcon Resources (NYSE: HK ) thinks about the play, as it has virtually abandoned its efforts to develop its Utica Shale acreage. It's divergent opinions like these that make it tough for investors to determine who to believe when it comes to the Utica Shale.
- [By Yiannis Mostrous]
We expect the company to enjoy a solid 2014, thanks to a robust project pipeline in Hong Kong and steadily growing income from its rental units and hotels. The company will be launching three projects in 2014 in Hong Kong (HK), for a total of 4,715 units, and once they receive their presale consents from the HK authorities, it will be a positive catalyst for the company.
Top 5 Energy Stocks To Buy For 2014: RMP Energy Inc (OEXFF.PK)
RMP Energy Inc. (RMP) is a crude oil and natural gas company. The Company is engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids (NGLs) reserves within the provinces of Alberta and Saskatchewan, Canada. RMP conducts its operations in the Western Canadian Sedimentary Basin, primarily in the provinces of Alberta and Saskatchewan. The Company�� principal properties include Gilby, Pine Creek, Kaybob, Waskahigan, Ante Creek, Ricinus, Gordondale, Resthaven/Bilbo and Big Muddy. The Gilby property is located 110 kilometers southwest of Edmonton, Alberta. Kaybob property is located 250 kilometers northwest of Edmonton, Alberta and consisted of 31 producing and non-producing gas wells as of December 31, 2011. In November 2013, RMP Energy Inc closed the purchase of complementary Montney light oil assets located in its core areas of Ante Creek and Waskahigan in West Central Alberta. Advisors' Opinion:- [By Value Digger]
As peers, I selected Artek Exploration (ARKXF.PK), RMP Energy (OEXFF.PK), Synergy Resources (SYRG) and Magnum Hunter Resources (MHR). The first two firms trade also on the main Toronto board under the tickers RTK.TO and RMP.TO respectively. These peers comply with the following criteria:
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