Vanguard Energy ETF (VDE) - NYSEARCA
  • Jun. 23, 2014, 11:35 AM
    • The U.S. Supreme Court places some limits on the EPA program to deal with power plant and factory emissions of gases blamed for global warming, trimming the scope of the agency's permitting effort while still allowing some emissions regulations at larger facilities such as power plants.
    • The Court says the EPA lacks authority in some cases to force companies to evaluate ways to reduce carbon dioxide emissions, but the decision does not affect EPA proposals for first-time national standards for new and existing power plants, and it preserves the EPA's authority over facilities that already emit pollutants the agency regulates other than greenhouse gases.
    • Justice Scalia, writing for the court, says the ruling will allow the EPA to regulate 83% of all greenhouse gases emitted from plants nationwide vs. the 86% the agency had sought.
    • ETFs: UNG, XLE, XLU, DGAZ, UGAZ, ERX, KOL, IDU, VDE, OIH, BOIL, GAZ, ERY, VPU, FCG, DIG, GASL, DUG, KOLD, IYE, UNL, GASX, NAGS, PXJ, FENY, RYE, UPW, RYU, FUTY, FXN, DCNG, FXU, DDG, SDP
    | Jun. 23, 2014, 11:35 AM | 7 Comments
  • Jun. 16, 2014, 7:17 PM
    • The consensus opinion amid Iraq's convulsion is positive on energy stocks and negative on U.S. retailers and other consumer stocks given that oil prices are likely to remain elevated and provide another headwind for consumers already struggling with slow wage growth and high personal debt.
    • The S&P 500 energy sector is up 5.4% in the past month as Brent crude has climbed, and up 10% YTD; with the strong correlation between oil shocks and economic recessions, concern is growing that Iraq's chaos could derail the global economy.
    • But some analysts are beginning to say energy stocks are too rich and could quickly give up gains if the Iraq crisis is defused; Oppenheimer's Fadel Gheit says oil stocks are overpriced and are trading as if crude was going to stay at $110/bbl.
    • "If they can hold onto Baghdad and the south of Iraq, 3M barrels will continue to flow and it won't be a big deal," said Again Capital analyst John Kilduff, while admitting that "any credible threat to central Baghdad or the oil fields - it's $150 just for starters."
    • ETFs: USO, OIL, XLE, UCO, ERX, VDE, OIH, SCO, ERY, FCG, XOP, DIG, DTO, BNO, DBO, GASL, DUG, IYE, IEO, CRUD, GASX, PXE, USL, PXJ, UWTI, DWTI, DNO, FENY, RYE, SZO, FXN, OLO, DDG, OLEM, TWTI
    | Jun. 16, 2014, 7:17 PM | 17 Comments
  • Jun. 3, 2014, 7:02 PM
    | Jun. 3, 2014, 7:02 PM | 7 Comments
  • Jun. 3, 2014, 2:22 PM
    • Meeting the world’s energy supply needs by 2035 will require more than $48T of investment, with more than half needed to compensate for declining output at mature oil and gas fields and the rest on finding new supplies to meet rising demand, the IEA says in a new report.
    • North American shale output is forecast to tail off from the middle of next decade, restoring the importance of supplies from the Middle East and OPEC.
    • Europe could face an energy shortfall if power companies and oil producers fail to invest ~$2.2T through 2035 to replace aging electricity infrastructure and meet regulatory goals to reduce carbon emissions, according to the agency, which advises industrialized nations on energy policy.
    • ETFs: XLE, ERX, KOL, VDE, OIH, ERY, FCG, XOP, DIG, GASL, DUG, FRAK, IYE, IEO, IXC, GASX, PXE, IPW, PXJ, FENY, RYE, FXN, GNAT, DDG, FILL, EMEY
    | Jun. 3, 2014, 2:22 PM | 5 Comments
  • Jun. 3, 2014, 12:45 PM
    | Jun. 3, 2014, 12:45 PM | 6 Comments
  • Jun. 2, 2014, 7:27 PM
    • Representatives of the coal and utility industries criticized proposed new U.S. emissions rules for power plants, but WSJ reports that some were relieved the outcome wasn't worse.
    • The industries had been hoping the EPA would apply emission reduction standards from a baseline of 2005, and they feared the EPA draft would use a more recent, and thus tougher-to-meet baseline, but the Obama administration decided on 2005 after all.
    • Coal-fired power plants won't have much difficulty meeting the EPA's mandate for a 30% reduction in carbon emissions by 2030, an industry lobbyist says, since carbon emissions from coal plants have dropped 14% since 2005 (also).
    • However, coal companies and electric plants remain concerned about an earlier deadline to reduce emissions 25% by 2020; other big consumers of power, such as steel mills, say they too could have a tough time with the new rules.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, KWT, GASL, DUG, SLX, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | Jun. 2, 2014, 7:27 PM | 17 Comments
  • Jun. 2, 2014, 3:31 PM
    • Walter Energy (WLT -6.3%) shares aren't helped by the coal producer's statement that new EPA proposals aimed at controlling carbon emissions from U.S. power plants should have no material impact on the company; in fact, WLT is down more than peers: CNX +1.1%, BTU +0.1%, CLD -0.3%, ACI -2.8%, ANR -4.6%.
    • Long-term losers also will include electric companies that burn lots of coal - such as American Electric Power (AEP +0.1%), Duke Energy (DUK -0.3%), Southern Co. (SO -0.3%) and NRG Energy (NRG -0.1%) - but stiff regulations have been expected for some time.
    • Likely winners include companies that pump natural gas and those that use it as their primary fuel, such as Calpine (CPN +0.3%), and companies that operate nuclear plants that generate little carbon but have been expensive to run, such as Exelon (EXC -1%), hope that their aging plants will become more competitive.
    • A reduction in coal-fired capacity would increase utilities' demand for natural gas by 3B-10B cf/day from 22B cf/day now, potential benefiting major natural gas producers like Chesapeake Energy (CHK +2.1%), Cabot Oil & Gas (COG -0.8%) and Range Resources (RRC -0.6%).
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | Jun. 2, 2014, 3:31 PM | 26 Comments
  • May 30, 2014, 10:39 AM
    • Morgan Stanley analysts are convinced Pres. Obama's plan for cutting carbon emissions from existing power plants will call for a greater than 17% reduction when it is unveiled early next week, meaning the impact on coal demand would be “substantial” in the long term.
    • In 2009, Obama called for a 17% cut in emissions from 2005 levels by 2020; if he were to stick to that target, the industry might not feel too much pain since lower coal plant output already has cut U.S. power-sector carbon emissions by ~11% since 2005.
    • NYT reported this week that Obama will use his authority to cut emissions from coal-fired power plants by up to 20%, in turn spurring the creation of a state cap-and-trade program.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | May 30, 2014, 10:39 AM | 10 Comments
  • May 28, 2014, 7:23 PM
    • Pres. Obama’s plan to combat climate change could cost the U.S. economy $50B/year and destroy more than 200K jobs, the U.S. Chamber of Commerce argues in a new study that comes out just days before the EPA is expected to lay out new guidelines aimed at slashing greenhouse gas emissions, largely by shifting the nation away from the use of coal.
    • The EPA hopes to reduce the percentage of U.S. electricity generated by coal to 14% by 2030 from 37% today, while the amount of electricity generated by natural gas would rise to 46% by 2030 from 30% now.
    • Groups supporting the new EPA goals say they will make the U.S. more energy efficient, cut household energy costs and even create thousands of new jobs; the Natural Resources Defense Council comes out with a report tomorrow making those claims.
    • ETFs: XLE, XLU, ERX, KOL, IDU, VDE, OIH, ERY, FCG, VPU, DIG, GASL, DUG, IYE, GASX, PXJ, FENY, RYE, UPW, FUTY, RYU, FXN, FXU, DDG, SDP
    | May 28, 2014, 7:23 PM | 62 Comments
  • May 27, 2014, 11:59 AM
    • The Obama administration is planning to introduce next week a new climate-change initiative that would allow states to use cap-and-trade systems, renewable energy and other measures to reduce carbon emissions by existing power plants.
    • The proposal, which would affect hundreds of power plants nationwide, is designed to allow states some flexibility in meeting benchmarks instead of placing emissions limits on individual plants.
    • The EPA is scheduled to complete the rule by June 2015 with states submitting their plans the following yea. but likely lawsuits and political opposition could easily upend that timeline.
    • ETFs: XLE, XLU, TAN, ERX, KOL, IDU, VDE, OIH, ERY, VPU, DIG, DUG, IYE, PXJ, RYE, FENY, UPW, FUTY, RYU, FXN, PUI, FXU, DDG, SDP, PSCU
    | May 27, 2014, 11:59 AM | 11 Comments
  • May 20, 2014, 10:27 AM
    • Twenty-seven year old Mark Hiduke just raised $100M for his three-week old company, but he's a Texas oilman, not a tech entrepreneur. His Dallas-based PetroCore, LLC received the commitment from a local P-E firm to buy land and drill shale wells.
    • “These guys are going to be the poster children of self-made oil and gas tycoons,” says Nathen McEown, a 33-year-old accountant who organizes networking dinners. “Or they could be the poster children of how too much money is chasing deals.”
    • Known as "the great crew change," millennials - who for decades have spurned energy for other careers - are flocking back into an industry where 71% of the workforce is aged 50 or older. The University of Oklahoma's energy management program has sextupled in size to 600 over the last decade. "The shale revolution changed everything," says one of its graduates Ryan Watt, whose Addax Minerals has raised about $35M to speculate on oil.
    • ETFs: XLE, ERX, VDE, OIH, ERY, XOP, DIG, DUG, FRAK, XES, IYE, IEO, IEZ, PXE, PXJ, PXI, PSCE, FENY, RYE, FXN, DDG, USO
    | May 20, 2014, 10:27 AM | 4 Comments
  • May 19, 2014, 7:17 PM
    • Mexico, Iran and other countries that once played hardball with big oil companies are now rolling out the welcome mat, offering generous deals in the hope they will bring capital to stimulate output.
    • But it isn't certain the big oil firms will want to return to all those countries, as the economics of the oil business may be changing to favor different kinds of exploration projects elsewhere in the world, WSJ reports.
    • The biggest shake-up is coming in Mexico, where production has been falling steadily while rising electricity demand has forced dependency on imported natural gas and sent prices soaring; Total (TOT), Chesapeake (CHK) and Chevron (CVX) have expressed interest in entering the country.
    • Iran is considering big changes to its current stringent oil terms, but some analysts say "it will be a slow process to get Western oil companies back to Iran... Iran's reservoirs are prolific, but they are also complex and in poor shape."
    • Also, he Ukraine crisis has reinforced the trend in thinking about geopolitical risk as being a big factor.
    • ETFs: XLE, ERX, VDE, OIH, ERY, FCG, XOP, DIG, GASL, DUG, XES, IYE, IEO, IXC, IEZ, GASX, PXE, IPW, PXJ, BARL, PXI, PSCE, FENY, RYE, FXN, GNAT, DDG, IOIL, FILL
    | May 19, 2014, 7:17 PM | 7 Comments
  • May 9, 2014, 12:23 PM
    • The EPA is taking the first formal step toward requiring oil and gas drillers to disclose the content of fluids they use in fracking, saying it will begin to solicit public comment on whether companies should publicly list the chemicals used to extract oil and gas out of the ground.
    • Disclosure of the chemicals by companies could be positive for industry if it can allay fears of fracking opponents about toxic chemicals in groundwater, says natural gas consultant Miriam Swydan Erickson.
    • Baker Hughes (BHI) said last month that it will spell out all the chemicals it uses in fracking, but many other major companies have said their chemical formulas are proprietary and disclosure could help competitors copy their process.
    • ETFs: XLE, ERX, VDE, OIH, ERY, FCG, XOP, DIG, DUG, GASL, FRAK, XES, IYE, IEO, IEZ, GASX, PXE, PXJ, PXI, PSCE, FENY, RYE, FXN, DDG
    | May 9, 2014, 12:23 PM | 1 Comment
  • May 9, 2014, 11:58 AM
    • Wall Street’s idea of investing in climate change means investors are piling into natural gas - the least polluting fossil fuel - as energy have accounted for nearly two-thirds of the $8B of inflows into sector-based ETFs this year.
    • A White House advisory panel said this week that global warming already is blighting the U.S. with more intense coastal flooding, rainstorms and wildfires, but “weather extremes are good for the energy business," says money manager Skip Aylesworth.
    • Climate change is proving to be a boon for energy investment; on the day the report was issued, the S&P Energy Index hit a record, and $322M flowed into ETFs that specialize in energy.
    • "Natural gas is a potential bridge to new technologies that are green or clean,” says State Street's David Mazza, which he says has sparked investor interest in companies such as Nabors Industries (NBR), EOG Resources (EOG), Anadarko Petroleum (APC) and Chesapeake Energy (CHK).
    • ETFs: XLE, ERX, VDE, OIH, ERY, FCG, DIG, DUG, GASL, IYE, GASX, PXJ, PXI, PSCE, FENY, RYE, FXN, DDG
    | May 9, 2014, 11:58 AM | 11 Comments
  • May 6, 2014, 7:25 PM
    • The U.S. energy boom is undeniable - just today, the government said the U.S. next year will import only 23% of the crude oil it needs, the lowest since 1970 - but it's worth noting that the boom has been bought on credit.
    • Many oil companies that lead the way in the fracking revolution spend more cash leasing land and drilling than they make selling oil and gas; Standard & Poor’s says 75 of the 97 E&P companies it covers have junk bond ratings.
    • Little wonder that EOG - which generated $2.27B from its operations and spent $1.9B in Q1, its fourth straight cash flow-positive quarter - has one of the highest credit ratings (A-) of any oil and gas driller.
    • Heard On The Street's Liam Denning thinks E&P investors now may be just chasing momentum, leaving them vulnerable to sharp corrections.
    • ETFs: XLE, ERX, VDE, OIH, ERY, FCG, XOP, DIG, DUG, GASL, FRAK, IYE, IEO, GASX, PXE, PXJ, PXI, PSCE, FENY, RYE, FXN, DDG
    | May 6, 2014, 7:25 PM | 4 Comments
  • May 6, 2014, 10:44 AM
    • Climate change is having a present-day, negative impact on Americans' everyday lives and is damaging the U.S. economy, and calls on governments to find ways to lower emissions, particularly from energy production, according to a new National Climate Assessment report.
    • But you can't expect people to willingly reduce their standard of living, so even as the U.S. turns away from coal, there are ready markets for America’s coal across the globe.
    • Coal is so cheap that it is likely for many years to be the cornerstone for many nations’ energy policies: U.S. coal offers much of Europe a less expensive alternative than coal from nearby mines even including transportation costs, Japan looks to spend billions of dollars on new coal-fired plants, while coal is likely to be the fuel of China into the foreseeable future.
    • ETFs: XLE, ERX, KOL, VDE, OIH, ERY, DIG, PBW, DUG, IYE, QCLN, GEX, PBD, PXJ, ICLN, PXI, PZD, PSCE, FENY, RYE, PUW, FXN, DDG, HECO
    | May 6, 2014, 10:44 AM | 15 Comments
VDE Description
Vanguard Energy ETF seeks to track the performance of a benchmark index that measures the investment return of energy stocks.
See more details on sponsor's website
Country: United States
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub