Hot Energy Stocks To Buy For 2017

Two new companies joined the IPO pipeline during the first week of 2017. Blackstone’s Invitation Homes (INVH), the the nation’s largest owner of single-family houses, filed for an IPO that we estimate will raise $1.5 billion or more. As a JOBS Act filer, the REIT could begin trading as early as the week of January 30. Following a string of recent filings from the energy sector, founder-owned Kimbell Royalty Partners (KRP) filed for a $100 million IPO; the company controls oil and gas mineral interests across the US.

Equity markets also hit the ground running, with the Renaissance IPO Index up 3.2% this past week, compared to the S&P’s 1.7%.

Other notable news and updates: Neiman Marcus withdraws

Neiman Marcus (Pending:NMG) withdrew its IPO filing this past week. Bought by Ares Management and CPPIB in 2013 for $6 billion, the luxury retailer has been on file for estimated $1 billion IPO since August 2015, but a heavy debt burden and weak sales cause d it to begin looking for a buyer last year. LBO’d door and window manufacturer JELD-WEN disclosed insider selling in an updated filing, while recent biotech filer ObsEva (Pending:OBSV) disclosed insider buying. Clipper Realty (Pending:CLPR), a recently-formed New York REIT, also updated its filing.

Hot Energy Stocks To Buy For 2017: Weatherford International plc(WFT)

Advisors’ Opinion:

  • [By Wayne Duggan]

    Gruber names Halliburton Company (NYSE: HAL) as Citi’s top pick among integrates services stocks. After Halliburton, he ranks Baker Hughes second choice, Schlumberger third and Weatherford International Plc (NYSE: WFT) fourth. The firm has Buy ratings on all four stocks.

  • [By Tony Daltorio]

    The biggest oilfield service companies should get a big lift from the boom, Moors said. That includes Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: HAL), Weatherford International Ltd. (NYSE: WFT), and Baker Hughes Inc. (NYSE: BHI).

  • [By Ben Levisohn]

    On a great day for theVanEck Vectors Oil Services ETF (OIH) and big holdings like Schlumberger (SLB), Halliburton (HAL), and Baker Hughes (BHI), Weatherford International (WFT) is doing better than most. One reason: Barclays analystsJ. David Anderson andWilliam Thompson upgraded Weatherford to Overweight from Equal Weight. They explain why:

  • [By Craig Jones]

    Pete Najarian said that 10,000 contracts of the March 6 calls in Weatherford International Plc (NYSE: WFT) were traded early in the trading session for around $0.35. He has also bought the March 6 calls and he is going to hold them at least for three weeks. Weatherford International Plc spiked 7.21 percent on Tuesday.

Hot Energy Stocks To Buy For 2017: PetroChina Company Limited(PTR)

Advisors’ Opinion:

  • [By Money Morning News Team]

    PetroChina Co. Ltd. (NYSE ADR: PTR) is China’s largest oil company with a market cap of $216.52 billion. PTR is partially owned by the Chinese government.

Hot Energy Stocks To Buy For 2017: Ideal Power Inc.(IPWR)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Thursday, our Under the Radar Moversnewslettersuggested smallcap electrical power conversion product stock Ideal Power Inc (NASDAQ: IPWR)as a long trade:

Hot Energy Stocks To Buy For 2017: Laredo Petroleum, Inc.(LPI)

Advisors’ Opinion:

  • [By Ben Levisohn]

    After a rally for the ages, the price of oil is back over $50. But the biggest threat to oil might be more production from exploration & production companies drilling in the U.S. shale, say Credit Suisse analyst Mark Lear and team, who cut their ratings on Carrizo Oil & Gas (CRZO), Laredo Petroleum (LPI) and Sanchez Energy (SN). They explain why:

Hot Energy Stocks To Buy For 2017: Seadrill Limited(SDRL)

Advisors’ Opinion:

  • [By Lisa Levin] Related NVCN 18 Biggest Mid-Day Losers For Wednesday Legal Overhangs Keep Ladenburg Neutral On Neovasc Despite Positive Tiara Clinical Data Boston Scientific closes Neovasc transaction (Seeking Alpha) Related BSX Watch These 10 Huge Call Purchases In Monday Trade Wonderful Wearables Get Their Own ETF Boston Scientific closes Neovasc transaction (Seeking Alpha) Gainers Neovasc Inc (US) (NASDAQ: NVCN) rose 17.3 percent to $2.65 in pre-market trading after the company reported the close of its $75 million transaction with Boston Scientific Corporation (NYSE: BSX). aTyr Pharma Inc (NASDAQ: LIFE) shares rose 12.3 percent to $4.10 in pre-market trading after the company disclosed 'promising' signals in myopathies with Resolaris in exploratory trials. Globus Maritime Ltd (NASDAQ: GLBS) shares rose 10.1 percent to $6.90 in pre-market trading after climbing 5.03 percent on Monday. Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) shares rose 9.9 percent to $3.00 in pre-market trading. Aurinia Pharmaceuticals appointed Lorin Jeffry “Jeff” Randall to its board and Chairman of the Audit Committee. Ocean Rig UDW Inc. (NASDAQ: ORIG) shares rose 8.7 percent to $2.89 in pre-market trading after surging 19.82 percent on Monday. Full House Resorts, Inc. (NASDAQ: FLL) shares rose 5.1 percent to $2.08 in pre-market trading after declining 1.98 percent on Monday. Seadrill Ltd (NYSE: SDRL) rose 5.1 percent to $4.13 in pre-market trading after surging 3.15 percent on Monday. Noble Corporation (NYSE: NE) rose 5.1 percent to $7.60 in pre-market trading after declining 5.37 percent on Monday. Arbutus Biopharma Corp (NASDAQ: ABUS) rose 5.1 percent to $3.10 in pre-market trading. Arbutus issued additional data from its ARB-1467 Phase II
  • [By Ben Levisohn]

    Shares of Noble have gained 4.2% to $7.26 at 1:53 p.m., while Transocean has dipped 0.5% to $8.57, Diamond Offshore Drilling (DO) has dropped 2.5% to $16.80, and Seadrill (SDRL) has advanced 1.2% to $1.65.

  • [By Ben Levisohn]

    Evercore ISI’s James West and team highlight Seadrill’s (SDRL) the massive amount of debt coming due during the next 12 months following the offshore driller’s earnings release yesterday:

    Agence France-Presse/Getty Images

    Seadrill is unique within the offshore drilling subsector, pioneering a complex capital structure with holdings in several entities (North Atlantic Drilling (NADL), Seadrill Limited Partners (SDLP), Sevan Drilling, Asia Offshore, and SeaMex). With the industry in the midst of a multi-year cyclical downturn and significant near term debt maturities, Seadrill hired advisors earlier this year to evaluate financial alternatives. The company successfully amended some near term credit facilities and executed some modest debt-for-equity swaps, but more equity issuance is likely and could dramatically dilute existing shareholders. With about 20% of its floater fleet cold stacked, and another 20% of the floater and jackup fleet idle, we believe more cold stackings are likely, as well as deferral of five newbuild floaters and eight jackups through at least 2017…

    Seadrill generated $303 million in cash from operations and lowered capex to just $13 million from $37 million last quarter, well below pace of bare-bone annual levels of about $200 million. Free cash flow expanded to $290 million to total $547 million year to date. The company paid down $345 million in debt during the quarter but the total-debt-to-capital ratio increased to 58% from 56% sequentially. Cash built by $195 million to $1,287 million and we expect the company to continue to build cash as $2,388 million of debt is due in the next 12 months. Seadrill has another $237 million in restricted cash and marketable securities, and the company continues to expect to conclude its long term financial plan before year end. We believe additional debt-for-equity swaps and potential new equity issuances are likely…

    We remain negative on the offsh

  • [By Ben Levisohn]

    Credit Suisse analyst Gregory Lewis and team highlight seven factors that will help sway how investors react to earnings from offshore drillers like Transocean (RIG), Noble (NE),Diamond Offshore Drilling (DO), Seadrill (SDRL), and Ensco (ESV):

  • [By Ben Levisohn]

    Shares of Noble have gained 5% to $9.32 at 1:59, but that appears downright disappointing next to Seadrill (SDRL), Transocean (RIG) and Atwood Oceanics (ATW). Transocean has climbed 7.2% to $11.28, Seadrill has jumped 7.6% to $3.40, and Atwood Oceanics has soared 9.9% to $12.31.

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