Genie Energy (NYSE:GNE – Get Rating) and Via Renewables (NASDAQ:VIA – Get Rating) are both small-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation and risk. Dividends Genie Energy pays an annual dividend of $0.30 […]
StockNews.com assumed coverage on shares of Genie Energy (NYSE:GNE – Get Rating) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the oil and gas producer’s stock. NYSE GNE opened at $6.60 on Friday. The company’s fifty day simple moving average is $5.79 and its 200-day […]
3 Oil Stocks Heating up for February: Genie Energy, SilverBow Resources, and VAALCO Energy
GNE – Crude oil continues to recuperate from a wicked 2020 demand shock. The industry has responded with a successful, herculean effort to safely operate essential assets in an unprecedented and challenging period. A widespread coronavirus vaccination effort and accelerating economic activity, coupled with global supply restrictions, have renewed optimism around the industry. As a result, stocks like Genie (GNE), VAALCO (EGY) and SilverBow (SBOW) could be heating up. Curious? Let’s dig in.
Feb 10, 2021
Global oil markets entered the new year with momentum, having hit a nine-month high in December. This can be attributed to a reviving global economy, with a resumption of industrial and economic activities. With a global COVID-19 vaccine roll out and easing of social distancing restrictions, global oil demand is expected to re