The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 35 billion cubic feet for the week ending July 27.
Analysts were expecting a storage injection of around 44 billion cubic feet. The five-year average for the week is an injection of 43 billion cubic feet and last year’s storage increase for the week totaled 18 billion cubic feet. Natural gas inventories rose by 24 billion cubic feet in the week ending July 20.
Natural gas futures for September delivery traded up about 0.9% in advance of the EIA’s report, at around $2.77 per million BTUs, and rose to $2.79 shortly after the report was released.
For the period between August 2 and August 8, NatGasWeather.com once again predicts “high” demand and offers the following outlook:
A cool front with showers and thunderstorms will stall across the east-central US another day with comfortable highs of 70s to lower 80s for lighter demand. Hot upper high pressure continues to dominate most of the West and South with highs of 90s to 110°F, hottest from California to Texas, although cooling this weekend over the Northwest & California. Hot high pressure will expand across the eastern half of the US Friday through Tuesday with 90s gaining ground for increasing national demand, then easing late next week as weather systems return. Overall, demand will swing between MODERATE & HIGH.
Top Energy Stocks To Own Right Now: Remark Media, Inc.(MARK)
- [By Lisa Levin] Companies Reporting Before The Bell
Hanwha Q CELLS Co., Ltd. (NASDAQ: HQCL) is estimated to report quarterly earnings at $0.14 per share on revenue of $438.40 million.
Remark Holdings, Inc. (NASDAQ: MARK) is projected to report quarterly loss at $0.35 per share on revenue of $19.45 million.
Athenex, Inc. (NYSE: ATNX) is expected to report quarterly loss at $0.07 per share on revenue of $35.14 million.
Mazor Robotics Ltd. (NASDAQ: MZOR) is estimated to report quarterly loss at $0.08 per share on revenue of $15.14 million.
Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) is projected to report a quarterly loss at $0.14 per share.
SuperCom Ltd. (NASDAQ: SPCB) is expected to report quarterly earnings at $0.08 per share on revenue of $9.50 million.
Lonestar Resources US Inc. (NASDAQ: LONE) is projected to report quarterly loss at $0.04 per share on revenue of $30.68 million.
Nine Energy Service, Inc. (NASDAQ: NINE) is estimated to report quarterly earnings at $0.1 per share on revenue of $165.76 million.
VEON Ltd. (NASDAQ: VEON) is projected to report quarterly earnings at $0.05 per share on revenue of $212.00 million.
- [By Lisa Levin]
Shares of Remark Holdings, Inc. (NASDAQ: MARK) were down 18 percent to $5.06. Remark Holdings posted Q1 GAAP loss of $0.43 per share on sales of $16.724 million.
- [By Max Byerly]
News headlines about Remark (NASDAQ:MARK) have trended positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Remark earned a news impact score of 0.28 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.6127908528614 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
- [By Stephan Byrd]
News stories about Remark (NASDAQ:MARK) have trended positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Remark earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 46.6326043635021 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
- [By Joseph Griffin]
Remark (NASDAQ: MARK) and Global Eagle Entertainment (NASDAQ:ENT) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, institutional ownership, earnings, profitability, dividends, valuation and analyst recommendations.
- [By Lisa Levin]
Shares of Remark Holdings, Inc. (NASDAQ: MARK) were down 16 percent to $5.20. Remark Holdings posted Q1 GAAP loss of $0.43 per share on sales of $16.724 million.
Top Energy Stocks To Own Right Now: Sonic Corp.(SONC)
- [By Joseph Griffin]
Sonic Drive-In (NASDAQ:SONC)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $38.96, but opened at $35.63. Sonic Drive-In shares last traded at $34.02, with a volume of 4001555 shares.
- [By Jeremy Bowman]
Shares of Sonic Corporation (NASDAQ:SONC) were surging last month after the drive-in burger slinger agreed to sell itself to Inspire Brands, the parent of Arby’s and Buffalo Wild Wings. As a result, the stock finished the month up 21%, according to data from S&P Global Market Intelligence.
- [By Logan Wallace]
Sonic Drive-In (NASDAQ:SONC) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Sonic (SONC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Energy Stocks To Own Right Now: Coupa Software Incorporated (COUP)
- [By Stephan Byrd]
Coupa Software Inc (NASDAQ:COUP) CFO Todd R. Ford sold 2,488 shares of Coupa Software stock in a transaction that occurred on Friday, September 21st. The shares were sold at an average price of $76.75, for a total value of $190,954.00. Following the transaction, the chief financial officer now owns 14,269 shares of the company’s stock, valued at $1,095,145.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
- [By Garrett Baldwin]
Money Morning Special Situation Strategist Tim Melvin provides his latest list of stocks that will help you get rich… and stay rich. Check them out right here.
Three Stocks to Watch Today: WDAY, AMZN, NKE
Workday Inc. (Nasdaq: WDAY) leads a busy day of earnings reports Tuesday. The firm will present its quarterly report after the bell. Wall Street expects that the company will report earnings per share of $0.26 on top of $633.1 million in revenue. Amazon.com Inc. (Nasdaq: AMZN) will be generating a lot of buzz today. The e-commerce giant apparently has its eyes on the $88 billion online advertising industry. The firm plans to take direct aim at rivals Alphabet Inc. (Nasdaq: GOOGL) and Facebook Inc. (Nasdaq: FB). Amazon is very close to becoming the second company to surpass the $1 trillion threshold for market capitalization. Nike Inc. (NYSE: NKE) is making headlines the week before the NFL’s opening week starts. The sports apparel giant announced that former San Francisco quarterback Colin Kaepernick will be one of the faces of its 30th anniversary commemorations for its “Just Do It” campaign. Kaepernick has been one of the NFL’s most polarizing figures after he began kneeling during the national anthem to protest police abuse against African Americans and other social injustices. Look for earnings reports from Restoration Hardware Holdings Inc. (NYSE: RH), Casey’s General Stores Inc. (Nasdaq: CASY), Conns Inc. (Nasdaq: CONN), Caleres Inc. (NYSE: CAL), HealthEquity Inc. (NYSE: HQY), and Coupa Software Inc. (Nasdaq: COUP).
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- [By Ethan Ryder]
Voya Investment Management LLC lessened its stake in shares of Coupa Software Inc (NASDAQ:COUP) by 95.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 20,537 shares of the technology company’s stock after selling 389,064 shares during the period. Voya Investment Management LLC’s holdings in Coupa Software were worth $1,278,000 at the end of the most recent quarter.