Exploration and production companies are under pressure to reduce the amount of freshwater used in dry areas like Texas and to cut the high costs of hauling millions of barrels of water to oil and gas wells and later to underground disposal wells.
If you watch Mad Money regularly, you know that sometimes Cramer tells a caller he can't make a call before doing some homework. Following is research and resulting calls sparked by viewer questions about stocks.
WHITE PLAINS, N.Y.-- ITT Corp. fared better in the third quarter than analysts anticipated, providing further validation for a spin-off that streamlined the company's operations last year. A little over a year ago, ITT spun off its water-management business into Xylem Inc. and its defense segment into Exelis Inc..
*Brean Murray starts Xylem with buy rating; target price $31. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Usually the whole is greater than the sum of its parts — not to investment guru Mario Gabelli. The CEO of Gamco Investors told CNBC Monday he wants to invest in companies that have a history of splitting off successful businesses and then invest in both companies.
With the S&P 500 pulling back from the key 1350-1360 level, we may well be at an inflection point. How should you position?