Top 5 Energy Stocks To Watch Right Now

Mitsubishi says it’s slashing the price of its i-MiEV electric car $6,130 to $23,845, including shipping, before federal tax credit or other incentives, and adding more standard features.

It’s the latest big price slice on electrified vehicles, which haven’t sold as well as their makers expected.

Makers of the Ford Focus EV, Nissan Leaf and Chevrolet Volt all have cut prices thousands of dollars recently. And the $42,275 starting price of the BMW i3 electric is lower than some in the EV community forecast.

Electric-car fans see that as a sign of healthy competition that’s sure to draw more buyers into the EV market.

Skeptics interpret it as evidence nobody really wants an electric, and ever-lower prices are going to be necessary to provoke significant sales.

An EV’s main benefit: Cheap fuel. You can go about three times as far on the electricity needed to charge a car’s battery as you can on the same money’s worth of gasoline. Or, looked at the other way, going the same distance only costs one-third as much in an electric as a gasoline vehicle.

Top 5 Energy Stocks To Watch Right Now: Halliburton Company(HAL)

Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, completion tools and services, cementing services, and Boots & Coots. Its production enhancement services include stimulation and sand control services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment; and Boots & Coots include well intervention services , pressure control, equipment rental tools and services, and pipeline and process services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. Its services comprise fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, and integrated project management and consulting services. The company serves independent, integrated, and national oil companies. Halliburton Company was founded in 1919 and is headquartered in Houston, Texas.

Advisors’ Opinion:

  • [By Lee Jackson]

    Halliburton Co. (NYSE: HAL) is one of the top names across all the firms we cover on Wall Street. The company stands to benefit from continued robust levels of domestic drilling activity and a pick-up in international markets. Management believes the company can deliver earnings per share of $6 by 2016, double the level from 2012. Investors receive a 1.1% dividend. The consensus price estimate is posted at $65.17. Halliburton closed Thursday at $55.16.

  • [By Dimitra DeFotis]

    Adams’ partial list of potential losers:

    BP (BP) : the highest profile potential loser. It owns 19.75% of Russian energy giant Rosneft, which accounted a third of BP’s production in the fourth quarter. Sanctions that inhibit oil and gas flows to Europe, or banking/capital flows, would “hit Rosneft and BP early and hard.” An offset: there could be an uptick in demand for a pipeline 30% owned and operated by BP because it transports Azerbaijan oil through Georgia and Turkey to the Mediterranean — a southern route avoiding Georgia and Ukraine. Chevron (CVX) pipeline investments could be stymied. It also signed a 50-year agreement to explore for and develop oil and gas in western Ukraine, involving up to $10 billion of investment. “A Russian takeover spikes that deal,” Adams says. Oilfield services companies Halliburton (HAL), Baker Hughes (BHI), and Weatherford International (WFT) all do business in Russia that could be prohibited if it is labeled a rogue nation.

    The crisis in Ukraine and Russia’s tactics make U.S. assets look more secure and more valuable: some U.S. refiners that could export fuel, utility holding companies that could export liquefied natural gas, and related pipeline companies could see even more benefits, longer-term,  from the North American fracking and horizontal drilling boom. But approval of the TransCanada (TRP) Keystone XL pipeline is a necessary piece of that equation, Adams writes.

  • [By Aaron Levitt]

    With a variety of oil stocks reporting full-year 2013 earnings, unconventional assets are the gifts that keep on giving for the oil service trio of Halliburton (HAL), Baker Hughes (BHI) and Schlumberger (SLB).

Top 5 Energy Stocks To Watch Right Now: TC PipeLines LP (TCP)

TC PipeLines, LP (the Partnership), incorporated on December 16, 1998, acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company’s pipeline systems transport natural gas in the United States. The Partnership is managed by the Company’s General Partner, which is an indirect, wholly-owned subsidiary of TransCanada. The Company has equity ownership interests in four natural gas interstate pipeline systems. The Company’s pipeline systems include Great Lakes, Northern Border, GTN, Bison, North Baja and Tuscarora. The Company owns 46.45% interest in Great Lakes. Great Lakes connect with the TransCanada Mainline at the Canadian border near Emerson, Manitoba, Canada and St. Clair, Michigan, near Detroit. Great Lakes are a bi-directional pipeline that can receive and deliver natural gas at multiple points along its system. In July 2013, TC PipeLines, LP announced the closing of its acquisition of an additional 45% inte rest in each of Gas Transmission Northwest LLC (GTN) and Bison Pipeline LLC (Bison) from subsidiaries of TransCanada Corporation.

The Company owns 50% interest in Northern Border. Northern Border Extends between the Canadian borders near Port of Morgan, Montana to a terminus near North Hayden, Indiana, south of Chicago. Northern Border is capable of receiving natural gas from Canada, the Williston Basin and Rockies Basin. The Company owns 25% interest in GTN. GTN extends between an interconnection near Kingsgate, British Columbia, Canada at the Canadian Border to a point near Malin, Oregon at the California border. The Company owns 25% interest Bison. Bison extends from a location near Gillette, Wyoming to Northern Border’s pipeline system in North Dakota. The Company owns 100% interest in North Baja. North Baja extends between an interconnection with the El Paso Natural Gas Company pipeline near Ehrenberg, Arizona to an interconnection with a natural gas pipel ine near Ogilby, California on the Mexican border. The Compa! ny owns 100% interest in Tuscarora. Tuscarora extends between GTN near Malin, Oregon to its terminus near Reno, Nevada and delivers natural gas in northeastern California and northwestern Nevada.

Advisors’ Opinion:

  • [By Robert Rapier]

    Next week’s issue will tackle the three remaining questions: one on MLP equivalents in Canada and Australia, one on Enbridge Energy Partners (NYSE: EEP)  and TC Pipelines (NYSE: TCP), and a third query on Access Midstream Partners (NYSE: ACMP), Crestwood Midstream Partners (NYSE: CMLP) and Mid-Con Energy Partners (Nasdaq: MCEP).

  • [By Rich Duprey]

    For holders of TCF Financials’ (NYSE: TCP  ) non-convertible perpetual 7.5% Series A stock, the board of directors announced yesterday investors will receive $0.05 per share on August 30 to holders of record at the close of business on August 15.

Top 5 Energy Stocks To Watch Right Now: Kinder Morgan Management LLC (KMR)

Kinder Morgan Management, LLC is a limited partner in Kinder Morgan Energy Partners, L.P (KMP), and manages and controls its business and affairs pursuant to a delegation of control agreement. Kinder Morgan G.P., Inc., of which Kinder Morgan, Inc. indirectly owns all of the outstanding common equity, is the general partner of Kinder Morgan Energy Partners, L.P. (KMP). Kinder Morgan G.P., Inc., pursuant to a delegation of control agreement among the Company, Kinder Morgan G.P., Inc. and KMP, has delegated to the Company, to the fullest extent permitted under Delaware law and KMP’s limited partnership agreement, all of its rights and powers to manage and control the business and affairs of KMP, subject to the general partner’s right to approve specified actions.

KPM is a pipeline limited partnerships in the United States. KMP owns an investment in or operates approximately 28,000 miles of pipelines and 180 terminals. Its pipelines transport products, such a s natural gas, crude oil, gasoline, and CO2, and its terminals store petroleum products and chemicals and handle materials like coal. Almost all of Kinder Morgan assets are owned by KMP, KMP operates in five business segments : Natural Gas Pipelines, Products Pipelines, CO2, Terminals and Kinder Morgan Canada.

Kinder Morgan is a transporter and marketer of carbon dioxide in North America. It delivers approximately 1.3 billion cubic feet per day of CO2 through about 1,300 miles of pipelines. It is an oil producer in Texas, producing over 55,000 barrels of oil per day at the SACROC Unit and the Yates Field in the Permian Basin. In addition to CO2 pipelines and oil producing fields, this business segment owns interests in and operates CO2 source fields, natural gas and gasoline processing plants, and a crude oil pipeline. Kinder Morgan owns and operates approximately 24,000 miles of gas pipelines in the Rocky Mountains, the Midwest and Texas. Through its Products P ipelines business unit, it transports over two million barre! ls per day of gasoline, jet fuel, diesel, natural gas liquids and other fuels through more than 8,000 miles of pipelines. The Company also has approximately 50 liquids terminals in this business segment that store fuels and offer blending services for ethanol and other products.

Kinder Morgan have more than 180 terminals that store petroleum products and chemicals, and handle bulk materials like coal, petroleum coke and steel products. Kinder Morgan operates a number of pipeline systems and terminal facilities in Canada including the Trans Mountain pipeline, the Express and Platte pipelines, the Cochin pipeline, the Puget Sound and the Trans Mountain Jet Fuel pipelines, the Westridge marine terminal, the Vancouver Wharves terminal in British Columbia and the North Forty terminal in Edmonton, Alberta.

Advisors’ Opinion:

  • [By Aaron Levitt]

    For investors, the recent drop in all three shares — along with Kinder Morgan Management LLC (KMR) –- have put them all near their 52-week lows and at some of the highest dividend yields not seen in years. At these prices, you’re still getting strong dividend growth — about 5% for KMI — along with the chance to own the largest pipeline network in North America.

  • [By The Part-time Investor]

    I sold Kinder Morgan Energy Partners (KMP), 168 shares at $80.38, and I replaced it with Kinder Morgan Management (KMR), 264 shares at $75.39. KMR pays its quarterly distribution in extra shares, rather than in cash, as KMP does. For some (crazy) reason this makes it okay to hold it in a retirement account without the tax implications.

  • [By Matt DiLallo]

    Kinder Morgan offers investors four ways to invest. In addition to the parent company, Kinder Morgan, investors can also choose to invest in MLPs Kinder Morgan Partners and El Paso Pipeline Partners or Kinder Morgan Management (NYSE: KMR  ) . Both of the partnerships directly own the pipeline and other midstream assets and offer higher yields. Meanwhile, the management company offers a tax-friendly way to invest in Kinder Morgan Partners with one key difference: Investors are paid in shares instead of cash. No matter which option you choose, Kinder Morgan is a top company whose stock, or units, are a great holding for any portfolio.

Top 5 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:

  • [By Dan Caplinger]

    ExxonMobil (NYSE: XOM  ) rose 0.6% despite the dual threat of economic sanctions against Russia and a decline in crude-oil prices to $98.25 per barrel this morning. Given the result of the Crimea vote, the likelihood of sanctions that could adversely affect the oil giant’s partnership with Russia’s Rosneft is higher than it was last week. Yet investors still hope that Exxon’s massive investment in the nation will bear fruit in the long run, even if sanctions force delays. Equally important to Exxon’s success is making sure that geopolitical issues don’t disrupt the global economy enough to cause substantial drops in energy use, which could send oil prices plunging and produce real long-term problems for the company.

  • [By Aaron Levitt]

    Currently, PBR stock trades for a forward P/E of less than 5. That makes it one of the cheapest large energy stocks on the market. Even venerable energy stocks like Exxon (XOM) still trade at double-digit forward P/E ratios. And while XOM has been adding more oil to its arsenal, it features a similar production and reserve growth profile as PBR. Yet, it almost seems like investors have given up on Petrobras and PBR stock.

Top 5 Energy Stocks To Watch Right Now: Linn Energy LLC (LINE)

Linn Energy, LLC (LINN Energy) is an independent oil and natural gas company. The Company’s properties are located in the United States, primarily in the Mid-Continent, the Permian Basin, Michigan, California and the Williston Basin. Mid-Continent Deep includes the Texas Panhandle Deep Granite Wash formation and deep formations in Oklahoma and Kansas. Mid-Continent Shallow includes the Texas Panhandle Brown Dolomite formation and shallow formations in Oklahoma, Louisiana and Illinois. Permian Basin includes areas in West Texas and Southeast New Mexico. Michigan includes the Antrim Shale formation in the northern part of the state. California includes the Brea Olinda Field of the Los Angeles Basin. Williston Basin includes the Bakken formation in North Dakota. On December 15, 2011, the Company acquired certain oil and natural gas properties located primarily in the Granite Wash of Texas and Oklahoma from Plains Exploration & Production Company (Plains).

On No vember 1, 2011, and November 18, 2011, it completed two acquisitions of certain oil and natural gas properties located in the Permian Basin. On June 1, 2011, it acquired certain oil and natural gas properties in the Cleveland play, located in the Texas Panhandle, from Panther Energy Company, LLC and Red Willow Mid-Continent, LLC (collectively Panther). On May 2, 2011, and May 11, 2011, it completed two acquisitions of certain oil and natural gas properties located in the Williston Basin. On April 1, 2011, and April 5, 2011, the Company completed two acquisitions of certain oil and natural gas properties located in the Permian Basin. On March 31, 2011, it acquired certain oil and natural gas properties located in the Williston Basin from an affiliate of Concho Resources Inc. (Concho). During the year ended December 31, 2011, the Company completed other smaller acquisitions of oil and natural gas properties located in its various operating regions. As of December 31, 2011, the Company operated 7,759 or 69% of its 11,230 gross productiv! e wells.

Mid-Continent Deep

The Mid-Continent Deep region includes properties in the Deep Granite Wash formation in the Texas Panhandle, which produces at depths ranging from 10,000 feet to 16,000 feet, as well as properties in Oklahoma and Kansas, which produce at depths of more than 8,000 feet. Mid-Continent Deep proved reserves represented approximately 47% of total proved reserves, as of December 31, 2011, of which 49% were classified as proved developed reserves. The Company owns and operates a network of natural gas gathering systems consisting of approximately 285 miles of pipeline and associated compression and metering facilities that connect to numerous sales outlets in the Texas Panhandle.

Mid-Continent Shallow

The Mid-Continent Shallow region includes properties producing from the Brown Dolomite formation in the Texas Panhandle, which produces at depths of approximately 3,200 feet, as well as properties in Oklah oma, Louisiana and Illinois, which produce at depths of less than 8,000 feet. Mid-Continent Shallow proved reserves represented approximately 20% of total proved reserves, as of December 31, 2011, of which 70% were classified as proved developed reserves. The Company owns and operates a network of natural gas gathering systems consisting of approximately 665 miles of pipeline and associated compression and metering facilities that connect to numerous sales outlets in the Texas Panhandle.

Permian Basin

The Permian Basin is an oil and natural gas basins in the United States. The Company’s properties are located in West Texas and Southeast New Mexico and produce at depths ranging from 2,000 feet to 12,000 feet. Permian Basin proved reserves represented approximately 16% of total proved reserves, as of December 31, 2011, of which 56% were classified as proved developed reserves.

Michigan

The Michigan region includes propertie s producing from the Antrim Shale formation in the northern ! part of t! he state, which produces at depths ranging from 600 feet to 2,200 feet. Michigan proved reserves represented approximately 9% of total proved reserves, as of December 31, 2011, of which 90% were classified as proved developed reserves.

California

The California region consists of the Brea Olinda Field of the Los Angeles Basin. California proved reserves represented approximately 6% of total proved reserves, as of December 31, 2011, of which 93% were classified as proved developed reserves.

Williston Basin

The Williston Basin is one of the premier oil basins in the United States. The Company’s properties are located in North Dakota and produce at depths ranging from 9,000 feet to 12,000 feet. Williston Basin proved reserves represented approximately 2% of total proved reserves, as of December 31, 2011, of which 48% were classified as proved developed reserves.

Advisors’ Opinion:

  • [By Ben Levisohn]

    Yesterday, Linn Energy (LINE) reported earnings and promptly fell 4.6%. After a day to consider the numbers, where does Linn Energy stand?

    Dan Strumpf/The Wall Street Jour

    Raymond James’ Kevin Smith thinks Linn Energy look’s OK despite yesterday’s disappointment:

    As the clouds start to clear in the wake of the [Linn Energy] / Berry merger, the partnership has evolved into a dynamic company with lots of options at its disposal. In addition to a best-in-class hedging program and a well-oiled acquisition machine, LINN Energy is now in possession of a large amount of horizontal Wolfcamp acreage and is evaluating a number of options to monetize this acreage. Given the stability in the distribution, the upside from the horizontal Wolfcamp acreage position, and the sheer breadth of growth outlets available to the partnership, we reiterate our Outperform rating.

    UBS analyst Shneur Gershuni and team maintained their Buy rating but lowered their price target to $33 from $34. They explain:

    Combing through the updated guidance for 2014, the most surprising result was the surge in LOE, followed by lean distribution coverage in 2014 assuming no growth in distribution. The troubling implication of today’s guidance is that either BRY is not as accretive as first thought or the legacy biz is declining faster than modelled. While guidance was clearly disappointing, the proved reserve update was encouraging in our opinion as [Linn Energy] was able to replace 123% of reserves with the drillbit (excluding acquisitions) at a cost of $2.21.

    Mgmt carefully laid out strategic options for its Midland Basin acreage by evaluating asset swaps or a JV (as a reminder [Linn Energy] has net acreage 55k in the Wolfcamp). Firstly we would prefer an asset swap into a longer lived slow decline reserve productive asset as it is presents an asset profile more consistent with how we think about Upstream MLPs. We are encouraged by mgnt strongly

  • [By David Dittman]

    Question: Do you have any comments on Linn Energy LLC (NSDQ: LINE)?

    Answer: The merger with Berry Petroleum is complete, and now it’s on to executing plan to get production growing again. The SE’’s informal inquiry is still in process, and I won’t hazard a guess as to what if anything will come of it.

  • [By Jayson Derrick]

    Analysts at Raymond James upgraded Linn Energy (NASDAQ: LINE) to Strong Buy from Outperform with a $37 price target. The analysts noted that the SEC’s endorsement of its S-4 coupled with an increased fourth quarter cash flow guidance could remove the overhand in shares. Shares gained 3.47 percent, closing at $29.80.

  • [By Robert Rapier]

    We got numerous questions about Linn Energy (Nasdaq: LINE) in the chat. I commented on this in last week’s MLP Investing Insider, but it bears repeating here as there is obviously still a lot of interest. Igor’s answer to this question was “I expect the merger to close by year’s end, but I think Linn has some structural issues that go beyond [pending merger partner Berry Petroleum (NYSE: BRY)] with its debt load and past acquisition quality, so I’m steering clear. There are better upstream MLPs in our portfolios.”