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BofA Downgrades Natural Gas and Electric Power Company UGI On Heightened Risks
Monday, March 7, 2022 - 11:29am | 246Read More...UGI Corp (NYSE: UGI) faces heightened risks due to the increased volatility in commodity markets resulting from the Ukraine-Russia conflict, according to BofA Securities. The UGI Analyst: Julien Dumoulin-Smith downgraded the rating for UGI Corp from Buy to Neutral, while lowering the price target...
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4 Propane Stocks To Watch Heading Into A COVID Winter
Wednesday, October 7, 2020 - 2:20pm | 598Read More...Propane stocks are on watch with restaurants boosting their outdoor seating capacities due to social distancing inside. The Propane Trade: A survey from the National Restaurant Association showed 50% of full-service restaurants were taking action to extend their outdoor dining seasons with methods...
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EXCLUSIVE: Suburban Propane's CEO On COVID-19, Outdoor Patios, Propane Prices
Friday, September 25, 2020 - 2:00pm | 795Read More...Weather has a big impact on Suburban Propane Partners (NYSE: SPH). Shares of the company have traded down over 30% in 2020 after a warmer winter hurt financials. The U.S. has had three of the warmest winters on record over the last 10 years, with record winters seen in 2015-16 and 2016-17, Suburban...
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Push To Zero Emissions Might Be Opening A Door For Propane Engines
Tuesday, March 31, 2020 - 9:09am | 974Read More...Nearly 500,000 United States Postal Service (USPS) employees are entrusted with delivering mail to every residential and business address in the U.S. each day. Much of that mail, though, first moves on contractor vehicles that transport it from distribution center to distribution center, and then...
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How Oil Price War Threatens US Propane Exports
Friday, March 20, 2020 - 9:34am | 1031Read More...Fallout from the oil price war extends far beyond U.S. crude production. America's liquefied petroleum gas (LPG) exports are also in the crosshairs. The global LPG trade rose 14% in 2019, to an all-time-high 109 million tons, with almost all of the seaborne volume evenly split between exports from...
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The Forgotten Transportation Fuel: Why Some Believe Propane Deserves A Second Look
Thursday, March 14, 2019 - 11:15am | 1377Read More...While propane doesn't pack quite the punch diesel does, it does produce enough power to handle many of the tasks at a fraction of the overall cost, advocates say, up to Class 7 applications as this Ford F-650 box truck shows, so why is not a more popular fuel for commercial operations? (Photo...
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Citi Upgrades Ferrellgas Partners, Sees 'Sufficient Value' In Company's Propane Business
Wednesday, November 2, 2016 - 8:11am | 338Read More...Ferrellgas Partners, L.P. (NYSE: FGP) is one of the largest distributors of propane and related accessories and serves around one million residential, commercial, industrial and agricultural customers across all 50 states and also operates a crude oil logistics business. In a report published...
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Goldman Sachs Says Propane Is 'Underappreciated'
Thursday, May 28, 2015 - 12:18pm | 282Read More...In a report published Wednesday, Goldman Sachs analyst Robert Koort commented that benchmark propane prices traded below $0.40 per gallon for the first time in over a decade with Mt. Belvieu prices trading as low as $0.34 per gallon before closing at $0.39 per gallon. This compares to propane...
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Propane Plays For July 4th
Sunday, July 4, 2010 - 3:12pm | 205Read More...As investors are firing up their grills for the Fourth of July festivities, they might want to use some of that propane to power their portfolios. Often overlooked as a fuel source, 4 percent of American homes count propane as their main energy resource and 80 percent of farms use the fuel to power...
