We've already had a quick look at some companies�reporting quarterly earnings�next week. But there are a lot of�FTSE 100�firms with first quarters ending in March, and a good number of them are due to report in the coming days. Here are three bringing us Q1 figures, all next Thursday:
Royal Dutch Shell
Valued at 140 billion pounds,�Royal Dutch Shell� (LSE: RDSB ) (NYSE: RDS-B ) �is the biggest company in the FTSE -- and�it might also be the cheapest. The Shell share price has gone nowhere over the past year, currently standing at 2,226 pence. And that is likely to be, in part at least, due to forecasts of falling earnings per share, or EPS, for this year, which follow on from a drop in reported earnings for 2012.
But those forecasts put the shares on a forward price to earnings, or P/E, �ratio of only a little over eight, which is way below the long-term FTSE average of around 14. And there are dividends too -- last year, Shell provided shareholders with a 5.1% yield, and with a rise expected this year, City analysts are predicting 5.4%.
Hot Construction Material Companies To Buy For 2015: Buckeye Partners L.P. (BPL)
Buckeye Partners, L.P. owns and operates refined petroleum products pipeline systems in the United States. Its Pipelines & Terminals segment transports refined petroleum products; and provides bulk storage and terminal throughput services in the continental United States. This segment owns and operates approximately 6,000 miles of pipeline serving approximately 110 delivery locations; and has 100 active products terminals with aggregate storage capacity of approximately 40 million barrels. The company’s International Operations segment provides marine terminal throughput, marine bulk storage, and other related services. This segment operates through two petroleum product terminals located on Grand Bahama Island, in The Bahamas and in Puerto Rico with an aggregate storage capacity of approximately 30 million barrels. Its Natural Gas Storage segment provides natural gas storage services through a facility with approximately 30 billion cubic feet of working natural gas storage capacity located in Northern California. The company’s Energy Services segment engages in the wholesale distribution of refined petroleum products, including gasoline; propane; ethanol; biodiesel; and petroleum distillates, such as heating oil, diesel fuel, and kerosene to wholesalers and commercial users. Its Development and Logistics segment provides contract operations, construction management, and asset development services to third-party pipeline and energy assets, and energy companies in the United States. This segment owns and operates 2 underground propane storage caverns with approximately 800,000 barrels of throughput and storage capability in Indiana and Illinois; and a 30-mile ammonia pipeline and 25 miles of pipeline in Texas. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By The Part-time Investor]
Although I have removed these three MLPs from my portfolio, I am still holding ARLP, Buckeye Partners (BPL), Plains All American (PAA), and Williams Partners. I am going to continue to hold these until I receive the K-1 forms next year, so that I can more carefully analyze the tax implications, and decide what to do with these other positions. I may decide that the higher yield of the MLPs might make it worth holding on to them, even though I would eventually have to pay some extra taxes. I will have more to say about this when I see the K-1 forms. Perhaps people with have some comments on this issue?
- [By David Dittman]
Question: What are your thoughts on Buckeye Partners LP (NYSE: BPL) considering the thin distribution coverage? Is it really growing to support a rising distribution?
- [By Matt DiLallo]
Buckeye Partners (NYSE: BPL ) is one of the more unique master limited partnerships in the business. Its pipeline and terminal business is solely focused on transporting and storing petroleum products. Even more unique to Buckeye is its international pipeline and terminal business which provided 23.6% of the company's adjusted EBITDA last year. That segment, which we'll take a closer look at, should grow to become a much larger portion of its income given the exceptional opportunities it has to grow.�
Hot Cheapest Companies To Buy Right Now: Yamana Gold Inc.(AUY)
Yamana Gold Inc. engages in gold and other precious metals mining, and related activities, including exploration, extraction, processing, and reclamation. It also explores for copper, molybdenum, zinc, and silver metals. The company's portfolio includes 7 operating gold mines namely Chapada; El Pen Advisors' Opinion:
- [By Steve Symington]
To be sure, take a look at how prominent miners such as Barrick Gold (NYSE: ABX ) and Yamana Gold (NYSE: AUY ) have performed relative to the S&P 500 since then:
- [By Ben Levisohn]
Earnings from Yamana Gold (AUY) and Barrick Gold (ABX), as well as the death of the merger between Barrick and Newmont Mining (NEM), are weighing on gold miners this morning.
Associated PressBarrick Gold reported a profit of 20 cents a share, beating forecasts for 19 cents a share, on sales of $2.63 billion. Analysts had expected $2.6 billion. Barrick also lowered its copper guidance. No mention was made of a merger with Newmont Mining in Barrick’s press release.
Yamana Gold, meanwhile, reported a profit of 2 cents a share, missing forecasts for 4 cents. It said it will focus on its Canadian and Argentine operations.
Morgan Stanley’s Brad Humphrey and team assess Yamana’s miss:
[Yamana's] 1Q14 results missed consensus but were in line with our estimates. Gold and copper output came in below our forecasts, offset by lower than expected expenses. Due to seasonality, [Yamana] typically reports a weaker 1H. Given April results provided, output is trending up in Q2.�[Yamana] Shares could be weak initially on back of consensus miss but going fwd, output is expected to trend up QoQ and if successful acquiring 50% of Osisko, political risk profile improves, with the addition of this material, long life, low cost asset.
Cowen’s Adam Graf and Misha Levental
[Barrick] 1Q14 adjusted earnings of $0.20/share, slightly ahead of consensus, down from $0.92/share y/y. The decrease primarily reflects the impact of lower metal prices and lower gold sales volumes. Additionally, lower earnings reflect the impact of asset sales that occurred since the second half of 2013, including the sale of the Kanowna and Plutonic mines in Australia and its 33% stake in the Marigold mine in Nevada in 2014.
Full-year guidance remains on track for gold at 6.0-6.5MM oz Au at AISC of $920- $980/oz. Copper production has lowered, however, to 410-440MM lbs Cu (from 470-500MM), at original cost guidance of $1.90-$2.10/lb Cu. C
Hot Cheapest Companies To Buy Right Now: Clean Diesel Technologies Inc.(CDTI)
Clean Diesel Technologies, Inc. engages in the manufacture and distribution of emissions control systems and products for heavy duty diesel and light duty vehicle markets. The company operates in two divisions, Heavy Duty Diesel Systems and Catalyst. The Heavy Duty Diesel Systems division designs and manufactures verified exhaust emissions control solutions that are used to reduce exhaust emissions created by on-road, off-road, and stationary diesel and alternative fuel engines, including propane and natural gas. Its products include closed crankcase ventilation systems, diesel oxidation catalysts, diesel particulate filters, Platinum Plus fuel-borne catalysts, ARIS selective catalytic reduction reagents, catalyzed wire mesh diesel particulate filters, alternative fuel products, and exhaust accessories. This division offers its products for original equipment manufacturers of heavy duty diesel equipment, such as mining equipment, vehicles, generator sets, and construction equipment, as well as retrofit customers consisting of school districts, municipalities, and other fleet operators. The Catalyst division produces catalyst formulations using its proprietary MPC technology for gasoline, diesel, and natural gas induced emissions. Its products comprise catalysts for gasoline engines, diesel engines, and energy applications. This division supplies its catalysts to automotive manufacturers and large heavy duty diesel engine manufacturers. The company sells its products through a network of distributors and dealers, and its direct sales force worldwide. Clean Diesel Technologies, Inc. is based in Ventura, California.
Advisors' Opinion:- [By James E. Brumley]
Did you miss today's 123% pop from Clean Diesel Technologies, Inc. (NASDAQ:CDTI)? If you didn't chase it higher after the bullish gap left behind at the open, then good for you - you made the right choice. As tempting as CDTI looked then (and still does), the bulk of any near-term gain here has already been realized, and there's no real point in jumping on the bandwagon now. Fear not if you missed the big move from Clean Diesel Technologies though. There's another, smaller name playing the same game, and you won't have to pay a fortune for it just to take a big risk.
- [By Paul Ausick]
One Nasdaq stock posting outsized gains today is Clean Diesel Technologies Inc. (NASDAQ: CDTI) which is getting a share price boost of 68.85%. The company announced that it will begin shipping emissions control systems��catalysts to Honda in the first half of this year. The stock will close at around $4.82 in a 52-week range of $1.10 to $7.39 (the high was set today and was nearly double Monday�� closing price of $2.83). Volume was about 36-times the daily average of around nearly 525,000 shares traded.
- [By Bryan Murphy]
Look out Clean Diesel Technologies, Inc. (NASDAQ:CDTI), and Cummins Inc. (NYSE:CMI), you may want to take notice too. Little HydroPhi Technologies Group, Inc. (OTCMKTS:HPTG) is about to make a big splash in your pool, which could make life very difficult and much easier (respectively) for the two of you. How's that? In simplest terms, all signs point to HydroPhi Technologies' diesel efficiency working quite well, saving those who use it money, while simultaneously saving the environment.
Hot Cheapest Companies To Buy Right Now: China GengSheng Minerals Inc. (CHGS)
China GengSheng Minerals, Inc., through its subsidiaries, operates in the materials technology industry. It develops, manufactures, and sells a range of mineral-based, heat-resistant products. The company�s products include refractory products, industrial ceramics, fracture proppants, and fine precision abrasives. Its refractory products comprise castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs that are used as linings and key components in industrial furnaces, such as steel production furnaces, ladles, vessels, and other high-temperature processing machines that operate at high temperatures in various industries. The company�s industrial ceramic products consist of abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps in the electric power, elec tronic component, industrial pump, and metallurgy industries. Its fracture proppant products include ball-like pellets that are used to reach pockets of oil and natural gas deposits trapped in the fractures under the ground. The company�s fine precision abrasives are primarily used for the surface-polishing and slicing of precision instruments, such as solar panels, as well as in a range of areas, including machinery manufacturing, electronics, optical glass, architecture, industry development, semiconductor, silicon chip, plastic, and lens. China GengSheng Minerals, Inc. sells its products to customers in the iron, steel, oil, glass, cement, aluminum, chemical, and solar industries in China and other parts of Asia, North America, and Europe. The company was formerly known as China Minerals Technologies, Inc. and changed its name to China GengSheng Minerals, Inc. in July 2007. China GengSheng Minerals, Inc. is based in Gongyi, the People�s Republic of China.
Advisors' Opinion:- [By Bryan Murphy]
If you're reading this, then odds are you already know that China Gengsheng Minerals Inc. (NYSEMKT:CHGS) shares are up a whopping 60% today. And, odds are good you're struggling to find a reason why CHGS are running so hard. Here's some advice - discontinue the hunt. You're not going to find a reason for all this bullishness in the headlines. Yet, there's a reason. It's just a bigger, almost too big to spot kind of reason. Either way, would-be traders can take the hint at face value.
Hot Cheapest Companies To Buy Right Now: National Australia Bank Ltd (NAB)
National Australia Bank Limited provides products, advice and services. In Australia, it operates through National Australia Bank, MLC and UBank. In the United Kingdom, it operates through Clydesdale Bank. In New Zealand, it operates through Bank of New Zealand. In the United States, it operates through Great Western Bank. Segments include Business Banking, Personal Banking, Wholesale Banking, UK Banking and NZ Banking, MLC and NAB and Great Western Ban. As of April 5, 2012, the Company and its associated entities ceased to be a substantial holder in BlueScope Steel Limited. On May 17, 2012, it ceased to be a substantial holder in Spark Infrastructure Group and Sandfire Resources NL. As of August 24, 2012, the Company and its associated entities ceased to be holder in Tabcorp Holdings Limited. In September 2012, the Company and its associated entities have ceased to be a substantial holder in Incitec Pivot Limited, as of August 30, 2012. Advisors' Opinion:- [By Yoshiaki Nohara]
Alacer Gold Corp. sank 4.1 percent in Sydney as the price of the precious metal declined. Honda Motor Co. (7267) lost 0.6 percent after Japan�� third-largest carmaker reported second-quarter profit that missed analysts��estimates amid slowing motorcycle sales in Southeast Asia. National Australia Bank Ltd. (NAB) retreated 2.3 percent as expenses climbed at the country�� largest lender by assets.
No comments:
Post a Comment