The term "fracking" -- referring to the hydraulic fracturing of rock formations to tap into seams of natural gas deep underground -- is controversial. Consumers have expressed concerns that fracking may cause groundwater contamination, and regulators are studying the issue.
The good news: Proper safeguards can help fracking unlock America's vast trove of natural gas in ways that don't despoil the environment, and several companies are gearing up to help the cause. Oil services giant Schlumberger (NYSE: SLB), for example, is now selling fracking fluids that have a much more benign environmental footprint, and rivals are coming up with their own solutions as well.
Still, for these fluids to work effectively, fresh water needs to be trucked in, and post-fracking wastewater needs to be trucked away from drilling sites. One of the leading companies in that effort also happens to be one of the most unloved stocks in the market right now. That's largely due to a major acquisition made nine months ago that has weighed on recent quarterly results. Yet that deal should start to generate more solid results in coming quarters, and when that happens, this stock should pivot back into investor favor and deliver solid upside.
Top Telecom Stocks For 2015: Banco Santiago S.A.(SAN)
Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. The company offers time and demand deposits, checking accounts, and debit card accounts, as well as savings products; and peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. Its loan portfolio comprises consumer loans, auto loans, residential mortgage loans, mutual funds, foreign trade financing, mortgage loans, and commercial loans. The company also provides factoring, credit cards, cash management, treasury services, short?term financing and funding, interest rate and foreign currency derivatives, and securitization services. Further, it offers various financial services, including leasing, financial leasing, financial advisory, mutual fund management, securities brokerage, insurance brokerage, and investment management services. As of December 31, 2010, the company had a branch network of 504 branches. Banco Santander-Chile was founded in 1977 and is headquartered in Santiago, Chile.
Advisors' Opinion:- [By Dan Burrows]
Getting Smaller: A big knock on Citigroup is that it’s too big to manage. In response, the bank has been slimming down, shedding business and selling assets over the last several years. That’s fine for now, but not for the long run if Citi hopes to compete with sprawling domestic giants like JPMorgan Chase, as well as foreign powerhouses like Banco Santander (SAN).
- [By GuruFocus]
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.International Business Machines Corp (IBM) Reached the 52-Week Low of $162.07The prices of International Business Machines Corp (IBM) shares have declined to close to the 52-week low of $162.07, which is 19.7% off the 52-week high of $199.21. International Business Machines Corp is owned by 35 Gurus we are tracking. Among them, 15 have added to their positions during the past quarter. 14 reduced their positions.International Business Machines Corp was incorporated in the State of New York on June 16, 1911. International Business Machines Corp has a market cap of $160.39 billion; its shares were traded at around $162.07 with a P/E ratio of 13.30 and P/S ratio of 1.71. The dividend yield of International Business Machines Corp stocks is 2.62%. International Business Machines Corp had an annual average earnings growth of 11.10% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 4-star.IBM recently reported its third quarter 2014 financial results. The company announced diluted earnings for the quarter from continuing operations of $3.46 per share, compared with diluted earnings of $3.77 per share in the third quarter of 2013, a decrease of 8%.Brian Rogers (Trades, Portfolio) bought 750,000 shares in the quarter that ended on 06/30/2014, which is 0.48% of the $26.89 billion portfolio of T Rowe Price Equity Income Fund. Joel Greenblatt (Trades, Portfolio) owns 146,846 shares as of 06/30/2014, an increase of 712.29% from the previous quarter. This position accounts for 0.33% of the $7.99 billion portfolio of Gotham Asset Management, LLC. David Dreman (Trades, Portfolio) owns 11,540 shares as of 06/30/2014, a decrease of 25.5% of from the previous quarter. This position accounts for 0.16% of the $1.33 billion portfolio of Dreman Value Management.Chairman, Pres. and CEO Virginia M Rometty sold 10,819 shares of IBM s
5 Best Oil Service Stocks To Buy Right Now: Noranda Aluminum Holding Corporation (NOR)
Noranda Aluminum Holding Corporation engages in the production and sale of primary aluminum products and rolled aluminum coils in the United States. Its Bauxite segment mines, produces, and sells bauxite used for alumina production. The company�s Alumina segment refines and converts bauxite into alumina, which is used in the production of primary aluminum; and sells smelter grade alumina and alumina hydrate, or chemical-grade alumina. Noranda Aluminum Holding Corporation�s Primary Aluminum segment produces and sells aluminum products in various forms, including billets, rods, high purity sow and foundry, and commodity grade sow. The company�s Flat-Rolled Products segment produces rolled aluminum products, such as finstock for use in commercial, residential, and automotive applications; semi-rigid containers for pre-packaged foods; flexible packaging products for food, drink, agricultural, and industrial products; and transformer windings for use on power grids. This seg ment sells its products through sales force to original equipment manufacturers of air conditioners, transformers, semi-rigid containers, and foil packaging; and other metals end-users. The company was incorporated in 2007 and is headquartered in Franklin, Tennessee.
Advisors' Opinion:- [By Pendulum]
Century Aluminum's stock price has held up well compared to other aluminum companies:
AlcoaNoranda Aluminum (NOR)Aluminum Corp. of China (ACH)
5 Best Oil Service Stocks To Buy Right Now: Asanko Gold Inc (AKG)
Asanko Gold Inc., incorporated on September 23, 1999, is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. Its mineral properties are in the exploration and development stage. Its primary property is the Esaase project. The Company is focused on advancing the Esaase Gold Project to commercial production. In addition to its principal project, the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. As of February 28, 2014, the Company�� material properties consisted of the Asanko Gold Mine project, the Asumura Property and the Diaso Property, all in West Ghana, Africa. In February 2014, Asanko Gold Inc successfully completed the acquisition of PMI Gold Corporation.
Asanko Gold Mine Property
The Asanko Gold Mine Property is a development stage property located in the Amansi East District of Ghana, approximately 35 kilometers south west of the regional capital Kumasi. The property comprises the Nkran pit, the Adubiaso pit, the Dynamite Hill deposit, the Asuadai deposit, the Abore pit and the Esaase deposit. The Property has gold resources of approximately 7.52 million ounces and gold reserves of approximately 4.81 million ounces.
The Asumura Property
The Asumura Property is without known resources or reserves and the work being done by the Company is exploratory in nature. The Asumura Property is located in the south-western part of Ghana and is divided into two parts by the Bia River. The western part of the property is within the Western Region of Ghana in the Juabeso Bia District and the eastern part is in the Brong Ahafo Region of Ghana. The Asumura Property consists of two exploration concessions: Fosukrom and Asumura, which together equal 279.4 square kilometers.
Advisors' Opinion:- [By MONEYMORNING]
As well, Primero Mining (NYSE: PPP) bought Brigus Gold Corp (USA)(NYSE: BRD) for $220 million, and Asanko Gold (NYSEMKT: AKG) is acquiring PMI Gold Corporation (TSE: PMV).
5 Best Oil Service Stocks To Buy Right Now: Tesoro Petroleum Corporation(TSO)
Tesoro Corporation, together with its subsidiaries, engages in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blendstocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, and asphalt. This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines and marine, and industrial end-users. It owns and operates 7 refineries with a combined crude oil capacity of 665 thousand barrels per day. The Retail segment sells gasoline, diesel fuel, and convenience store items through company-operated retail stations, and third-party branded dea lers and distributors in the western United States. As of December 31, 2011, this segment had 1,175 branded retail stations under the Tesoro, Shell, and USA Gasoline brands. The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004. Tesoro Corporation was founded in 1939 and is headquartered in San Antonio, Texas.
Advisors' Opinion:- [By Ben Levisohn]
The S&P 500 gained 0.03% to 1,868.20, while the Dow Jones Industrial Average fell 0.07% to 16,340.08. Chevron’s 1% gain, which came after being added to the Focus List at Credit Suisse, and Wal-Mart’s 0.8% rise helped balance out�Visa’s 0.5% fall and� Boeing’s 1% drop, which came after UBS cut its price target. Tesoro (TSO) jumped 4.1% to $54.50 after oil prices fell, making the refiner the S&P 500′s biggest winner.
- [By Ben Levisohn]
That said we are recommending a slight tactical shift toward more defensive posturing with a focus on lower beta names and companies that screen at a discount from a valuation perspective. As a result, we are
downgrading [Delek US Holdings (DK)] and [Tesoro (TSO)] to Sector Perform and upgrading [Phillips 66] and [PBF Energy] to Sector Outperform. - [By Aimee Duffy]
Hawaii only has two operating oil refineries. Tesoro (NYSE: TSO ) plans to close the one it owns, Chevron (NYSE: CVX ) owns the other, and the cost of shipping crude oil out there is the main reason that gas is so expensive. California is ranked second largely because it has the highest taxes on gas in the country. The combined local, state, and federal taxes tack on just shy of $0.69 per gallon, according to the American Petroleum Institute.
- [By Ben Levisohn]
Shares of Holly (HFC) have gained 1.9% to $43.29 at 10:43 a.m., shares of Marathon (MPC) have risen 1.8% to $68.41, and shares of Valero Energy (VLO) have ticked up 0.6% to $36.77. Tesoro (TSO) has dropped 0.8% to $45.21.
No comments:
Post a Comment