Energy Stocks: AI beats the S&P 500 by 42.62% with an Accuracy of 94%

Highlights:

  • The highest average return is 75.46% for the Top 5 Signals on a 1-year time horizon
  • The most impressive out-performance against the S&P 500 index is from the Top 5 signal group in the 30-day horizon with 2.86 times higher return
  • Predictions reach up to 94% hit ratio regardless of economic conditions amid COVID-19
  • Every signal group has hit ratios above 49% for all time horizons
  • I Know First provides an investment strategy for institutional investors that generated a return of 192.54% and exceeded the S&P 500 return by 142.96% for the period from July 7th, 2020 to November 7th, 2021

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LNG Stock Forecast: Cheniere Tops Energy Sector With 39.10% Stock Increase

LNG Stock Forecast

This article was written by Graham Ellinson, a Financial Analyst at I Know First currently studying Mathematics at Northumbria University Newcastle.

 

“Now, more than ever, it is crucial that the United States use its abundant energy resources to support friends and allies abroad” - Sean Strawbridge, CEO of the Port of Corpus Christi

Summary

  • Cheniere Energy, Inc. (Ticker: LNG) shares have been trading -8.94% off its 52 week-peak
  • LNG accounts for only a small amount of the global crude oil market it is estimated to amount for 10% of the crude oil market by 2020.
  • China imposed a new 10 percent tariff on all U.S. imported LNG, lowed than the original 25% touted.
  • Current I Know First Forecast remains bullish on Cheniere.

Source: Flickr

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Winning Stock Forecast: VAALCO Energy, Inc. (NYSE: EGY) Returns up to 174.55% in 3 months

(Source: Wikipedia)

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was founded in 1984 and is headquartered in Houston, Texas.

The reason lies in the company’s outstanding growth results in Q1 2018 with the following highlights:

Completed Workover operations on the Avouma 2H and South Tchibala 1-HB wells

These workovers were conducted safely and efficiently with no injuries or environmental incidents. The completed workover program was within cost guidance, adding 1,100 Barrels of Oil Per Day (BOPD) in net production capabilities. This provides investors with greater confidence in future production capabilities.

Higher sales

Production for the second quarter averaged 3,549 barrels of oil per day net and sold for $74.53/barrel, higher than the $66.86/barrel in Q1 2018. Net production expense excluding workovers also decreased from $27.17 in Q1 2018 to $26.08 in Q2 2018.

Paid off all outstanding debt balance

VAALCO has no debt on the balance sheet for the first time since June 30, 2014.

On May 4th, I Know First AI Algorithm gave a bullish 3 month forecast on VAALCO Energy, Inc. (NYSE: EGY). The Forecast shows a signal of 58.48 and a predictability of 0.46. In agreement with the forecast, EGY has returned 174.55% over the three month period, from $1.11 to $3.02 per share, demonstrating the accuracy of the I Know First Algorithm.

IKF algorithm forecast performance

How to read the I Know First Forecast and Heatmap

Please note-for trading decisions use the most recent forecast.

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Winning CHK Stock Forecast: Chesapeake Energy Stock Posts Gains of 26.11% in 7 Days

“The underlying strength of our operations, coupled with higher realized prices, resulted in our best financial performance since before the downturn in 2014. For the second consecutive quarter, we recorded significant growth in our earnings and cash flow. ”

-Doug Lawler, Chesapeake’s Chief Executive Officer

(Source: Glassdoor)

Last week, Chesapeake Energy Corporation (NYSE: CHK) jumped from $3.6 at closing on May 14 and closed at $4.54 on May 22, a solid 26.11% gain. Overall, the stock has gained over 50% in the last 3 months whereas the SPDR Energy Select Sector rose only  by around 15% over the same time period. From May 10 to May 17, Chesapeake had its greatest week long increases since March 2016. This boost in stock price appear to be a result of an overall gain in the energy sector due to rising crude oil and natural gas prices as well as strong Q1 reports posted earlier in the month. The large one week rise of CHK can be seen in the chart below:

(Source: Yahoo Finance)

As crude oil and natural gas prices have risen, energy stock performance has also improved. WTI crude oil prices have been strong over the past two weeks above $70 per barrel. Additionally, while natural gas prices have been relatively stagnant compared to oil over the last year, there was a slight upturn this week.  Natural gas prices increased about 3% to $2.82 on May 16 from $2.81 on May 11. These commodities prices volatility played in favor of the entire energy sector, and particularly Chesapeake.

To analyze the gains of Chesapeake Energy this week, it is important to consider the ramifications of the Q1 report released on May 2, 2018. When the Q1 report was released, the stock value declined, which appears to result from the decline of year over year revenue. However, since then the stock has been on the rise as a result of a combination of factors. Chesapeake’s adjusted earnings per share (EPS) were $0.34 for Q1 2018, much higher than analyst’s predictions of $0.27 and Q1 2017’s EPS of $.23. Additionally, Q1 production grew 5% from last year and even adjusted for asset sales still increased by 3%. Moreover, the company’s cash flow was the highest in three years at $609 million which allowed Chesapeake to pay off $581 million of debt. Following this payment, Chesapeake Energy’s debt was reduced to around $9.4 billion from $10 billion at the end of December 2017.  The combination of higher than expected quarterly earnings with the reduction of debt led to improved confidence in the stock.

Analyst Recommendation

According to analysts’ recommendations presented by Yahoo Finance, the majority of analysts gave “Hold” ratings on Chesapeake with 5 of 29 choosing “Underperform” and 3 choosing “Buy.”

(Source: Yahoo Finance)

I Know First’s Success With CHK Stock

On May 15, 2018, the I Know First algorithm forecasted a signal of 17.43 with a predictability of 0.2 for CHK over 7 days period. In accordance with the prediction, the stock rose 26.11% over this time period, highlighting the accuracy of the I Know First algorithm.

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Apple – Creating a healthier planet through innovation

“We’re committed to leaving the world better than we found it. After years of hard work, we’re proud to have reached this significant milestone,”

-said Tim Cook, Apple’s CEO.

Highlights

  • Nine More Apple suppliers commit to 100 percent clean energy production
  • Apple’s renewable energy projects
  • Appel’s New Robot, Daisy, Disassembles iPhone to Reclaim Precious Materials
  • 2018 Q1 results and Q2 outlook

[Image Source: Pixabay]

As part of its commitment to combat climate change and create a healthier environment, Apple announced on April 9, 2018 its global facilities are powered with 100 percent clean energy. This achievement includes retail stores, offices, data centers and co-located facilities in 43 countries – including the United States, the United Kingdom, China and India. The company also announced nine additional manufacturing partners have committed to power all of their Apple production with 100 percent clean energy, bringing the total number of supplier commitments to 23. In addition, over 85 suppliers have registered for Apple’s Clean Energy Portal, an online platform that Apple developed to help suppliers identify commercially viable renewable energy solutions in regions around the world.

Apple and its partners are building new renewable energy projects around the world, improving the energy options for local communities, states and even entire countries. Apple creates or develops, with utilities, new regional renewable energy projects that would not otherwise exist. These projects represent a diverse range of energy sources, including solar arrays and wind farms as well as emerging technologies like biogas fuel cells, micro-hydro generation systems and energy storage technologies.

A few of Apple’s renewable energy projects:

Apple Park, Apple’s new headquarters in Cupertino, is now the largest LEED ( Leadership in Energy and Environmental Design) Platinum-certified office building in North America. It is powered by 100 percent renewable energy from multiple sources, including a 17-megawatt onsite rooftop solar installation and four megawatts

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Cheniere Energy Stock Prediction for 2018: Strong Market Positioning and Unparalleled Potential

The article was written by Vladimir Zaslavsky, a Financial Analyst at I Know First. Vladimir is completing a Bachelor of Commerce Scholars Program and Bachelor of Economics at Monash University – majoring in Finance, Economics and Accounting.

LNG Stock Forecast for 2018

Summary

  • LNG strongly positioned for 2018 by expansion and demand
  • Forecasted to gain significant market share
  • I Know First Bullish forecast for LNG in 2018

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Total SA Stock Analysis: Solid Foundations for an Impressive Future

    The article was written by Harry Chiang, a Financial Analyst at I Know First.

Total S.A. Stock Analysis

"My formula for success? Rise early, work late, strike oil." Jean Paul Getty, Founder of Getty Oil Company

Summary:

  • Despite Industry Problems, Total Displays Strong Finances
  • Iran is Opening New Investment Opportunities
  • Total SA is Taking its Work Global
  • The Company is Well Diversified for a Complicated Future

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PLUG Stock Analysis: Future Charged With Potential

Linda Luo is a Financial Analyst at I Know First.

PLUG Stock Analysis: Future Charged With Potential

Summary

  • Q1 Financial Results
  • Partnership with Amazon Could Fuel Long Term Growth
  • Global Sustainability Trend Opens Overseas Opportunities: China & Europe
  • Conclusion
  • I Know First Algorithm Bullish Forecast For PLUG

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