Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid's base load requirements satisfied by coal and nuclear. Over the past several years, I have written about this serious flaw. Enter ESAs.
Regulators in California are behind a new business of providing utility-scale back-up battery storage at power generating facilities. Canadian-based AltaGas (OTCPK:ATGFF) recently announced a 10-year Energy Storage Resource Adequacy Purchase Agreement with Southern California Edison SCE, a subsidiary of Edison International (NYSE:EIX). A recap of the scope of the contract is described below, from ATGFF's press release:
Hot Canadian Stocks To Own Right Now: Rhino Resource Partners LP(RNO)
Advisors' Opinion:- [By Shane Hupp]
Deutsche Bank set a €115.00 ($133.72) target price on Renault (EPA:RNO) in a report released on Friday morning. The firm currently has a buy rating on the stock.
- [By Ethan Ryder]
JPMorgan Chase & Co. set a €98.00 ($113.95) price target on Renault (EPA:RNO) in a research note released on Monday. The firm currently has a neutral rating on the stock.
- [By Ethan Ryder]
Renold (LON:RNO) announced its earnings results on Tuesday. The company reported GBX 4.50 ($0.06) EPS for the quarter, meeting analysts’ consensus estimates of GBX 4.50 ($0.06), Bloomberg Earnings reports. Renold had a return on equity of 201.92% and a net margin of 4.30%.
Hot Canadian Stocks To Own Right Now: Chipotle Mexican Grill Inc.(CMG)
Advisors' Opinion:- [By Joseph Griffin]
Chipotle Mexican Grill (NYSE:CMG) had its price objective increased by Morgan Stanley from $340.00 to $372.00 in a report released on Thursday. The brokerage presently has an “equal weight” rating on the restaurant operator’s stock. Morgan Stanley’s price objective would suggest a potential downside of 11.78% from the company’s previous close.
- [By Chris Lange]
Chipotle Mexican Grill Inc. (NYSE: CMG) saw its shares turn south on Wednesday after the burrito chain announced a change in its executive leadership. The company said that its chief marketing officer, Mark Crumpacker, will resign, effective Thursday, March 15.
- [By Daniel B. Kline]
Chipotle's (NYSE:CMG) long, dark night appears to be over. The chain struggled after a 2015 scandal when E. coli outbreaks occurred at a number of its locations. Those struggles appeared to end in 2018 when the company made a major break with its past.
- [By Daniel B. Kline]
The market now believes that Chipotle's (NYSE:CMG) turnaround has taken hold. That's partly due to the company's strong first-quarter results, and partly due to the optimism created by the hiring of new CEO Brian Niccol.
- [By Chris Hill]
Hill:�Let's�go back to Qdoba for a second. We�talked about this right before we started taping. A little bit of background here --�Jack in the Box bought Qdoba,�which is�basically their version of Chipotle (NYSE:CMG). They bought it in�2003 for $45 million dollars. They�sold it at the end of last year for just over $300 million. Just,�on the surface, you can look at that and say, "Well,�they made a heck of a nice profit off of that."�But,�there were�a bunch of years where, when�Jack in the Box reported their quarterly earnings, it was Qdoba that was really doing the heavy lifting. It was�Qdoba that was putting up the really impressive double-digit same-store sales growth.�
Hot Canadian Stocks To Own Right Now: NEW GOLD INC.(NGD)
Advisors' Opinion:- [By Paul Ausick]
New Gold Inc. (NYSEAMERICAN: NGD) dropped about 2.9% Monday to post a new 52-week low of $2.35. Shares closed at $2.42 on Friday and the stock’s 52-week high is $4.25. Volume was about 10% below the daily average of around 5.8 million shares. The gold mining company had no news.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday. SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results. Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance. New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results. Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash. China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday. Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results. eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results. Southw - [By Paul Ausick]
New Gold Inc. (NYSE: NGD) dropped about 4.7% Friday to post a new 52-week low of $2.05. Shares closed at $2.15 on Thursday and the stock’s 52-week high is $4.25. Volume was about 50% higher than the daily average of 4.2 million. The junior gold miner had no specific news.
Hot Canadian Stocks To Own Right Now: Encana Corporation(ECA)
Advisors' Opinion:- [By Shane Hupp]
Electra (CURRENCY:ECA) traded down 5.1% against the U.S. dollar during the 24-hour period ending at 15:00 PM E.T. on June 12th. Over the last seven days, Electra has traded down 25.7% against the U.S. dollar. Electra has a market cap of $34.53 million and approximately $134,011.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0013 or 0.00000020 BTC on exchanges including CryptoBridge, Fatbtc, CoinFalcon and Coinhouse.
- [By Keith Noonan, Travis Hoium, and Matthew DiLallo]
We asked three Motley Fool investors to profile some of the best under-the-radar growth stocks on the market today. Read on to see why they selected Encana�(NYSE:ECA), Activision Blizzard (NASDAQ:ATVI), and Baozun (NASDAQ:BZUN) as top growth stocks for in-the-know investors.
- [By Max Byerly]
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
Get Encana alerts: Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers ��: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation �� Encana Corporation (NYSE: ECA) (financerater.com)ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.
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