4 Energy Stock Stories Ready at the WSCS Pump

Royal Dutch Shell (NYSE:RDSA): Closing price $67.32

On Wednesday, Shell’s Nigerian unit SPDC declared force majeure on gas supplies to Nigeria LNG, after a reported gas leak on one of its pipelines Tuesday, according to a Shell Petroleum Development Company statement on Thursday. SPDC reported that the shutdown was presently impacting about 1.5 billion standard cubic feet of gas per day. Separately, NLNG said that the disrupted gas supply is equal to between 40 and 50 percent of its typical total gas intake, and that ”the shutdown will be in place until the source of the leak is identified, and necessary remedial actions are completed by SPDC to ensure safe operation.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

RDSA

BP (NYSE:BP): Closing price $42.75

The independent refiner Tesoro Corporation (NASDAQ:TSOcould take ownership of BP’s 240,000 barrels-per-day Carson, California, refinery, and 800-station retail network and distribution and storage assets as soon as June 1, according to inside sources on Thursday. When the $2.5-billion transaction is concluded, Tesoro will become the number-two refiner in California, which is the United States’ biggest gasoline market, and then BP’s U.S. downstream operation will be solely concentrated upon refineries in the northern continental United States, where cheaper Canadian crude oil is easily gotten.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

BP

Chesapeake Energy Corporation (NYSE:CHK): Closing price $19.89

In a Thursday report, analyst Joseph Allman at JPMorgan (NYSE:JCPdowngraded shares from Overweight to Neutral, but kept the $20 price target. Allman wrote in part in the report, “For CHK, the Era of Reckless Spending is over, in our view. But the market likely now knows that Chesapeake will be a more disciplined company in the future. Stock price performance relative to its peers probably relies on the result of asset sales as much as anything else. And we  have no visibility on the company executing better-than-expected asset sales.  Although CHK has managed to reduce spending and costs successfully, we model the company outspending cash flow in 2013, 2014, and 2015. We believe its planned asset sales will help CHK fund its cash outspend in 2013, but CHK has another funding gap in 2014 and 2015, according to our model. We think the stock is  relatively fairly valued.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

CHK

CONSOL Energy (NYSE:CNX): Closing price $33.64

The MSHA and state agencies on Thursday gave their approval to CONSOL’s plan to resume mining operations at the Blacksville No. 2 Mine, which was evacuated on March 12 when smoke was detected exiting the Orndoff shaft. The company expects full operations to commence with the morning shift on May 20.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

CNX

Investing Insights: Can Exxon Mobil Break Out?