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Duke Energy restores power to over 2 million in Carolinas By Investing.com

CHARLOTTE, N.C. - Following the extensive damage caused by Hurricane Helene, Duke Energy (NYSE:DUK) has successfully restored electrical service to more than 2.16 million customers in the Carolinas as of Friday afternoon. Duke Energy restores power to over 2 million in CarolinasCustomers with damaged properties will need to have repairs made by an electrician and obtain local building inspection approval before service can be reestablished. Duke Energy is keeping customers informed through various communication channels and has set up a website for outage updates.In other recent news, Duke Energy has been the subject of various significant developments. BMO Capital has maintained its Outperform rating on Duke Energy, adjusting its third-quarter earnings estimate to $1.68, a decrease from the previous year's $1.94. This adjustment is mainly attributed to timing issues related to agility initiatives, favorable weather conditions, and costs associated with Hurricane Debby.Additionally, Duke Energy secured a $57 million grant from the U.S. Department of Energy for the reconstruction of a key power line in North Carolina, expected to create around 550 jobs and improve grid reliability.

Constellation Energy stock could double on Microsoft deal: Analyst

Constellation Energy (CEG) has signed a new deal with Microsoft (MSFT) to provide it with clean energy to satisfy the tech giant's electricity needs for its cloud computing and AI data centers. This deal could see the reopening of the Three Mile Island nuclear plant, and according to Jefferies, ... Constellation Energy (CEG) has signed a new deal with Microsoft (MSFT) to provide it with clean energy to satisfy the tech giant's electricity needs for its cloud computing and AI data centers. This deal could see the reopening of the Three Mile Island nuclear plant, and according to Jefferies, Microsoft could be paying $112 per megawatt hour, one of the higher estimates across the Street.Despite regulatory hurdles ahead, if the plan goes through, Zimbardo explains it could be a "game changer" for both Constellation and the broader energy sector. "Microsoft is paying roughly double what market power costs, around $55 a megawatt hour.Jefferies analyst Paul Zimbardo joins Catalysts to discuss the deal between Constellation Energy and Microsoft, and whether the presidential election could weigh on its completion.Zimbaro concludes, "Nuclear has become increasingly bipartisan, clean energy as well as the strong union jobs.

Uranium Energy Corp Files Fiscal 2024 Annual Report

Achieved a Sustainalytics Rating of 23.8, placing UEC as the leading uranium mining company and in the top 5th percentile of the Diversified Metals and Mining Subindustry as rated by Morningstar Sustainalytics (as of September 2, 2024). CORPUS CHRISTI, Texas, Sept. 27, 2024 /CNW/ - Uranium Energy ... Achieved a Sustainalytics Rating of 23.8, placing UEC as the leading uranium mining company and in the top 5th percentile of the Diversified Metals and Mining Subindustry as rated by Morningstar Sustainalytics (as of September 2, 2024). CORPUS CHRISTI, Texas, Sept. 27, 2024 /CNW/ - Uranium Energy Corp (NYSE American: UEC), (the "Company" or "UEC") is pleased to report that it has filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2024 with the U.S.Uranium Energy Corp (NYSE American: UEC), (the "Company" or "UEC") is pleased to report that it has filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2024 with the U.S. Securities and Exchange Commission (the "SEC"). The Annual Report filing, which includes the Company's audited consolidated financial statements, related notes thereto and management's discussion and analysis for its fiscal year 2024, is available for viewing on the SEC's website at www.sec.gov and on the CoAdditionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects.Over 1,466,000 pounds of U3O8 inventories as of July 31, 2024 valued at $125.3 million at market price(2).

Citi Says These 2 Midstream Energy Stocks Are Poised to Benefit from Strong Tailwinds

The energy business is notoriously cyclical, following ups and downs in the economy, facing headwinds of supply and demand – and gaining from tailwinds when trends start looking up. That’s happening now in the natural gas sector, where a combination of increasing demand and a need for ... The energy business is notoriously cyclical, following ups and downs in the economy, facing headwinds of supply and demand – and gaining from tailwinds when trends start looking up. That’s happening now in the natural gas sector, where a combination of increasing demand and a need for additional infrastructure is creating a bullish situation in the midstream energy stocks.The midstream companies hold a vital position among the energy players, providing the services needed to move crude and processed fuels from the production sites through the pipelines and storage facilities to the refineries and distribution points.First up, Kodiak Gas Services provides large-scale gas compression services on a contract basis, for field gathering, enhanced oil recovery, gas lift, and processing. The company has well over 4 million horsepower of operating equipment in its fleet, and boasts that this fleet is the most energy-efficient, and newest, in the industry.All of this makes Kodiak a leading provider of compression services in the US energy industry. The company operates in all of the major hydrocarbon production regions of the US, with a particularly strong presence in the Permian basin of Texas.

3 Top Energy Stocks to Buy in October

No matter how you want to play the energy sector, you have good options. Here are three of the top picks. Devon Energy operates exclusively in the upstream segment of the energy sector. That means that it produces oil and natural gas. There are very big implications in this focus, the most notable being that Devon's top and bottom lines are almost entirely dependent on the price of the commodities it sells.Devon exacerbates the effect by having a variable dividend policy. So when energy prices are high, the dividend will be high, but when energy prices are low, the dividend will be low. It is an elegant way of making sure that shareholders benefit directly from high oil prices.That said, Devon is a well-respected energy producer. It has an investment grade-rated balance sheet and exceeded its volume guidance in the second quarter of 2024. It's expanding via acquisition, has a fairly low breakeven point (roughly $40 per barrel of oil), and has over a decade of drilling inventory.Chevron also operates in the upstream, but that's just one part of its business. As an integrated energy company, it operates in the midstream (pipelines) and downstream (chemicals and refining), as well. This diversification, along with a global footprint, helps to soften the peaks and valleys in oil and natural gas prices.

TC Energy Completes Spinoff of Liquids Pipeline Business South Bow

TC Energy Corp. announced Oct. 1 the spinoff completion of its liquids pipeline business into South Bow Corp. Canada-Based South Bow Corp. (SOBO) will commence trading on the Toronto Stock Exchange on Oct.2, following a successful spinoff from TC Energy (TRP). South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.TC Energy shareholders voted in favor of the separation in June. The Keystone, a crude pipeline that can ship up to 622,000 bbl/d from Canada to the U.S., is the primary asset of the new company.TC Energy made the move to focus on its natural gas and energy business.TC Energy closed a CA$7.9 billion (US$5.8 billion) notes offering Aug. 28 to fund the spinoff transaction. South Bow distributed the common shares to TC Energy shareholders of record on Oct.

Vitamin D may improve your energy levels. Here’s how much you need each day

Here's what to know about vitamin D benefits and risks, particularly when it comes to ending fatigue. A study published in the journal Medicine compared the results of two groups with fatigue and vitamin D deficiency—one of which was given vitamin D supplements, the other a placebo. In just four weeks, the group given vitamin D experienced significant improvements in energy levels.It may come as welcome news to learn that vitamin D could also heighten your energy levels.Similarly, a small study out of the UK found vitamin D vital for making our muscles work efficiently and boosting energy levels.One study of soccer players found a link between vitamin D and improved athletic performance; another found vitamin D improved the energy levels of recent kidney transplant patients.

2 No-Brainer Energy Stocks to Buy With $1,000 Right Now

The world needs to build a tremendous amount of renewable energy in the coming decades. Matt DiLallo has positions in Brookfield Renewable, Brookfield Renewable Partners, and Clearway Energy. The Motley Fool has positions in and recommends Brookfield Renewable. The Motley Fool recommends Brookfield Renewable Partners. The Motley Fool has a disclosure policy. 2 No-Brainer Energy Stocks to Buy With $1,000 Right Now was originally published by The Motley FoolBrookfield Renewable is a leading global producer of renewable energy. It operates hydroelectric, wind, utility-scale solar, and energy storage facilities in North and South America, Europe, and Asia. It currently has 34 gigawatts (GW) of operating capacity, enough to power over 25 million homes.Meanwhile, it's in the process of enhancing its already robust growth prospects by acquiring leading European renewable energy company Neoen. Brookfield and its partners have agreed to purchase a majority interest in the company and intend to buy out its remaining shareholders after closing the initial deal.Neoen has 8 GW of operating and under-construction projects and another 20 GW in its advanced-stage development pipeline. Brookfield and its partners also recently bolstered their leading renewable energy operations in India and made their first investment in Korea.

Energy ETF setting up for a breakout of a two-decade range, according to the charts

Frank Cappelleri breaks down the chart in the Energy Select Sector SPDR ETF. The Energy Select Sector SPDR ETF (XLE) was the worst performing sector ETF in September. This is nothing new, as it's also the worst performing sector year-to-date (up just 7.8%). Those two bearish stats alone are enough to cause many investors to look elsewhere for potential trades.Indeed, buying stocks and ETFs that have been breaking out to new highs has been rewarded often in 2024. Case in point, of the top 20 stocks in the S & P 500 this year, only one of them currently is more than 3% below its 52-week high (Nvidia). Conversely, 14 of 22 energy names are more than 10% below their respective 52-week highs.

Strength Seen in Helix Energy (HLX): Can Its 5.5% Jump Turn into More Strength?

Helix Energy belongs to the Zacks Oil and Gas - Field Services industry. Another stock from the same industry, Subsea 7 SA (SUBCY), closed the last trading session 1.2% higher at $16.20. Helix Energy (HLX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.The surge can be attributed to a higher demand for Helix Energy’s oilfield services, especially in key offshore markets like the U.S. Gulf of Mexico, the U.S. East Coast, and Brazil, among others. The company’s Well Intervention segment specializes in prolonging the lives of existing wells, thereby reducing the need for drilling new wells.For Helix Energy, the consensus EPS estimate for the quarter has been revised 16.7% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation.Helix Energy (HLX) shares ended the last trading session 5.5% higher at $10.80. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session.