ConocoPhillips will court income- focused investors with a dividend yield quadruple that of its peers after spinning off its refining business this month to become more of a pure oil and natural-gas producer.
Solazyme Inc., which makes oil products from genetically modified algae, rose on speculation its relationship with the U.S. Defense Department will grow even as some of its raw material costs rise.
Gevo Inc., a U.S. biofuel producer that idled a manufacturing plant in September, rose the most in three weeks after cost-cutting narrowed its fourth-quarter loss, beating estimates.
Total SA, Europe’s third-largest oil producer, raised its bet on solar energy by boosting its stake in SunPower Corp. and selling its renewable energy development unit to the U.S. company.
"It's a lot of debt and it costs about $300 million a year in interest expense alone."
- Pavel Molchanov on Dec 01, 2014
Taking Stock: Molchanov Discusses Oil and Energy Investing
Molchanov Calls Exxon Mobil Profit `Pretty Solid’: Audio