Analysis: Renewable investments have walloped oil and gas over the past five years FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Renewable energy stocks have punched well above their weight over the past five years, an analysis by S&P Global Market Intelligence found, with the biggest players tripling in value in that period as oil and gas production company stocks held steady.An equally weighted basket of the 20 largest publicly traded stocks of North American companies that make and sell renewable power — geothermal, wind and solar energy sellers — gained 201% over the past five years as of Aug. 31. Meanwhile, the equally weighted value of the 73 firms in S&P’s Oil & Gas Exploration and Production Index—energy providers—gained 2% over the same period.Of the 20 renewable stocks, with a total market value of $34 billion, 65% gained in value over the five years, while only 30% of the 73 S&P oil and gas index companies, a group totaling $1.36 trillion in market cap, were in positive territory after five years. The broader benchmark S&P 500 index grew 40% over the five years.A 35% slide in the price of crude oil has not helped the E&P stocks, which are historically closely tied to the commodity, while renewable stocks have tracked more closely with the tech sector, said Deanna Zhang, an energy tech and renewables analyst for the energy investment bank Tudor Pickering Holt & Co.Raymond James & Associates Inc. oil and gas analyst Pavel Molchanov agreed that the market rewards high-growth stocks and renewables. Largely based on new and improving technologies, renewable energy companies are benefiting from the same trend that has exploded the value of such high-tech issues as Amazon.com Inc. and Facebook Inc.“It is not surprising that renewable stocks have outperformed the E&P index over the past five years,” said Vishal Shah, a partner with Hudson Sustainable Investments LLC, a $3 billion private equity fund. “[A] combination of positive industry fundamentals and favorable global policy support have resulted in this outperformance for renewables. Corporate renewables and storage plus renewables, along with the strong growth of distributed generation, are the main drivers for strong fundamentals in the renewables sector for power generation,” Shah said.More ($): Renewable premium: Wind, solar stocks soar as oil prices constrain drillers
Advertisement Romelu Lukaku claims ‘decision has been made’ to appoint Ole Gunnar Solskjaer Sean KearnsThursday 7 Mar 2019 1:29 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link369Shares United made history to book their place in the quarter-finals (Picture: Getty)And Lukaku claims that that club have already made up their mind to give the role to the Norwegian.AdvertisementAdvertisement‘I think it has been decided,’ Lukaku told BeIN Sports.‘I think he is going to get it, he should get it – what else does he have to do.‘Look at the games we’ve played. Everyone was talking after the first four games we played because – no disrespect – it was against lesser opposition but then we win at Tottenham away, Chelsea away, Arsenal away – what else does he have to do?‘He keeps us hungry and us as players we want more.’More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errorsUnited will now be filled with confidence as they take on Arsenal at the Emirates this Sunday.Solskjaer hopes to have Anthony Martial back in contention, while Paul Pogba will return after missing the win against PSG through suspension.MORE: Sir Alex Ferguson celebrated with Manchester United squad in dressing room after PSG win Ole Gunnar Solskjaer is set to be named Manchester United boss (Picture: Getty)Manchester United star Romelu Lukaku claims a ‘decision has been made’ by the club to appoint Ole Gunnar Solskjaer.The Red Devils recorded their ninth away win in a row in Paris on Wednesday to book their place in the quarter-finals of the Champions League.The 3-1 win, sealed in dramatic fashion in injury time by Marcus Rashford, means United are the only club in the competition’s history to overturn a two-goal home defeat from a first leg.Mauricio Pochettino had been United’s first choice to permanently replace Jose Mourinho but it’s virtually impossible now not to hand the job to Solskjaer.ADVERTISEMENT Advertisement Comment
56 Panorama Drive, Tweed Heads West. 56 Panorama Drive, Tweed Heads West.The master bedroom has an ensuite and walk-in wardrobe while the two bedrooms share a bathroom.The open lounge, kitchen, dining and living area plus a study are at the heart of the home and open out onto a wraparound deck.A lower level underneath offers dual living.It has a combined living room and kitchen, large bedroom with walk-in wardrobe and bathroom as well as a large wraparound balcony.Mrs De Luca said the property had a huge backyard that offered endless opportunities for the new owners. 56 Panorama Drive, Tweed Heads West.A FRESH lick of paint and some tender love and care has breathed new life into this much loved family home.The double-storey dual-living Tweed Heads West house has hit the market for the first time in 35 years.Owners Narelle and Tony De Luca built it in the 1980s and have lived there for almost 30 years.It has been well maintained over the years but recent improvements have given the unique property a new lease on life. 56 Panorama Drive, Tweed Heads West.Mrs De Luca said paining, installing new light fittings and upgrades outside are just some of the changes they have made recently.Its black and white palette with wood featured throughout gives it a more modern style.Mrs De Luca’s favourite feature is the black lattice that divides the kitchen and living area.“I love my lattice work,” she said. “I just thought it was different.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“People might think it’s very dated but I find it’s very appealing.”The four-bedroom, three-bathroom house sits on a 607sq m sloping block. The ground floor is the main house. 56 Panorama Drive, Tweed Heads West. 56 Panorama Drive, Tweed Heads West. 56 Panorama Drive, Tweed Heads West.“There’s room for a swimming pool and there’s room for a half tennis court,” she said.She said it would be an emotional sale as it had been their family home for so many years but it was time to move on now that their children had moved out.“It’s time for us to downsize, it’s just my husband and I,” she said.“My children will miss it because they were raised here.”The home will go under the hammer on Saturday at noon.