Energy Market Commentary: Digesting A Slew Of Earnings

referring to Thursday, November 02, 2017Sector CommentaryThe energy sector is digesting a slew of earnings results across the landscape, with today marking the busiest earnings day thus far this quarter within the sector. Apache reported earnings of $63 million or $0.16 per diluted common share for the third quarter of 2017. Reported net loss was $72 million for the third quarter of 2017, down from $43 million net loss in the third quarter of 2016. (Late Wednesday) Press Release - Gulfport Energy reported net income of $18.2 million, or $0.10 per diluted share, on revenues of $265.5 million. Its net loss was $(19.0) million, an improvement of $0.5 million, or 3%, from 2Q2017 net loss of $(19.5) million.

Market Now: BSE Capital Goods index in the red; V-Guard Industries, Suzlon Energy decline 2%

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Experts Debate the Energy Department's Coal and Nuclear Market Intervention

as declared in This kind of work is underway at FERC already, and it's also being pursued at the state level via proposals to offer zero-carbon emissions credits to nuclear power plants. Many industry experts find no evidence that the current rate of coal and nuclear power plant closures, along with a rising share of natural gas and continued growth in wind and solar power, threaten grid reliability. Rich Powell, executive director of the conservative clean energy policy group ClearPath Foundation, offered one such proposal in the form of two new market constructs, meant for coal and nuclear power plants, respectively. Participating plants would be able to play in capacity and energy markets, he said. But for opponents to the DOE proposal, the premise that these power plants need to be kept on-line is itself questionable.

Global Energy Efficient Elevators Market - Analysis, Trends & Forecasts to 2021 - Research and Markets

DUBLIN--(BUSINESS WIRE)--The "Global Energy Efficient Elevators Market - Forecasts and Trends (2016 - 2021)" report has been added to Research and Markets' offering. The Energy Efficient Elevators Market will rise at a compound annual growth rate (CAGR) of 9.5 percent from 2015 to 2020. The energy efficient elevators system comprises of technologically advanced digital security controls such as touch screen access controls, biometric access controls and others. Energy efficient elevators Market Segmentation5. Energy Efficient Elevators Market by Region6.

collected by :Victor Alphen