Raytheon (NYSE: RTN ) is expected to report Q1 earnings on April 25. Here’s what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Raytheon’s revenues will shrink -4.2% and EPS will compress -3.0%.
The average estimate for revenue is $5.69 billion. On the bottom line, the average EPS estimate is $1.28.
Last quarter, Raytheon booked revenue of $6.44 billion. GAAP reported sales were 0.3% higher than the prior-year quarter’s $6.42 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.47. GAAP EPS of $1.31 for Q4 were 11% lower than the prior-year quarter’s $1.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Top 10 Canadian Companies To Buy For 2015: National Retail Properties (NNN)
National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services including market analysis, site selection and acquisition, entitlements, permitting, and construction management. The firm also focuses on purchasing and financing net-leased retail properties. It was formerly known as Commercial Net Lease Realty, Inc. National Retail Properties was founded in August 1984 and is based in Orlando, Florida.
- [By Patrick Morris]
Although ARCP is heavily tied to Red Lobster, it’s important to note it still has a wide range of diverse tenants who rent from it. In fact, despite the fact its top tenant — Red Lobster — accounts for 11% of its revenue, the top 10 in total represent 31%. By comparison, National Retail Properties (NYSE: NNN ) has nearly 39% of its revenue concentrated in its top 10 tenants.
- [By Dan Burrows]
Here are the three dependable dividend stocks that are up at least 10% year-to-date, as of Feb. 11:
Dependable Dividend Stocks: National Retail Properties (NNN)
Dividend Yield: 4.9%
YTD Gain: 10%
- [By Charles Sizemore]
ARCP has a shorter trading history than some of its peers, such as Realty Income (O) and National Retail Properties (NNN), which largely explains why its yield is higher. As a relatively new REIT, ARCP stock is largely unfollowed by investors. But once its merger with Cole Properties (COLE) is completed, ARCP will be the largest trip-net REIT by market cap and total square footage, and it will no longer be flying under Wall Street’s radar.
Top 10 Canadian Companies To Buy For 2015: Credit Suisse Group(CS)
Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. The Private Banking segment offers advisory services and a range of wealth management solutions, including pension planning, life insurance products, tax planning, and wealth and inheritance advice for the high-net-worth and ultra-high-net-worth individuals. This segment also supplies banking products and services to affluent, high-net-worth and ultra-high-net-worth clients, and corporates and institutions. The Investment Banking segment provides investment banking and securities products and services to corporations, governments, pension funds, and institutions. Its products and services include debt and equity underwriting, sales and trading, mergers and acquisitions advice, divestitures, corporate sales, restructuring, and investment research. The Asset Management segment offe rs integrated investment solutions and services to institutions, governments, foundations and endowments, corporations, and individuals. It provides access to a range of investment classes across alternative investment, asset allocation, and traditional investment strategies. The company operates in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Credit Suisse Group AG was founded in 1856 and is headquartered in Zurich, Switzerland.
- [By Lisa Levin]
Credit Suisse Group AG (NYSE: CS) shares reached a new 52-week low of $27.86. Credit Suisse’s trailing-twelve-month EPS is $1.13.
PriceSmart (NASDAQ: PSMT) shares touched a new 52-week low of $80.18 after the company reported weaker-than-expected revenue for the third quarter. PriceSmart posted its quarterly earnings of $0.70 per share on revenue of $615 million. However, analysts were expecting earnings of $0.69 per share on revenue of $621.9 million.
- [By Gregory Wallace]
But federal prosecutors have stepped up their tactics against misbehaving banks, settling charges with guilty pleas for the first time in decades. In May, Credit Suisse (CS) pleaded guilty to tax evasion-related charges, and this week, the French bank BNP Paribas (BNPQF) entered guilty pleas related to sanction violations and agreed to pay nearly $9 billion in penalties.
- [By MONEYMORNING.COM]
That $400 million will be split among the underwriting companies: Credit Suisse Group (NYSE ADR: CS), Morgan Stanley (NYSE: MS), JPMorgan Chase & Co. (NYSE:
JPM), Deutsche Bank AG (NYSE: DB), Goldman Sachs Group Inc. (NYSE: GS), and Citigroup Inc. (NYSE: C), leaving each bank with more than $66 million in fees.
Top 10 Canadian Companies To Buy For 2015: S&P 500/Barra Value(SU)
Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. The company involves in the development of petroleum resource basins in Canada’s Athabasca oil sands; acquisition, exploration, development, production, and marketing of crude oil and natural gas in Canada and internationally; transportation and refining of crude oil; and marketing of petroleum and petrochemical products primarily in Canada. Its Oil Sands segment produces bitumen recovered from oil sands through mining and in-situ technology, and upgrades it into refinery feedstock, diesel fuel, and by-products. This segment?s products include gasoline and distillates. The company?s Natural Gas segment acquires, explores, develops, and produces natural gas, natural gas liquids, oil, and by-products from reserves located primarily in western Canada, the Northwest Territories, Alaska, and the Arctic Islands. Its International and Offshore segment engages in the exploration and pro d uction of oil and gas in offshore Newfoundland and Labrador, in the North Sea, and in Libya and Syria. The company?s Refining and Marketing segment refines crude oil at Suncor’s refineries in Edmonton, Alberta; Montreal, Quebec; and Sarnia, Ontario in Canada, as well as in Commerce City, Colorado into a range of petroleum and petrochemical products for sale to retail, commercial, and industrial customers. It also transports crude oil through pipelines in eastern and western Canada, as well as through wholly-owned pipelines in Wyoming and Colorado; and produces specialty lubricants and waxes. In addition, this segment operates retail sites in Canada under the Petro-Canada brand; and in Colorado under Phillips 66 and Shell brands. Suncor Energy Inc. also engages in third-party energy trading activities. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1953 and is headquartered in Calgary , Canada.
- [By Ali Berri]
In a report released Friday, Barclay analyst Paul Cheng released coverage on major oil companies such as Petroleo Brasileiro Petrobras SA (NYSE: PBR), Exxon Mobil (NYSE: XOM), ConocoPhillips (NYSE: COP), Chevron (NYSE: CVX) and Suncor Energy (NYSE: SU).
- [By Ari Charney]
The Canadian energy sector just got yet another vote of confidence from the world’s most famous investor. Last August, Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-B) disclosed that it held nearly 17.8 million shares of Canadian energy giant Suncor Energy Inc’s (NYSE: SU, TSX: SU) stock, a position which was then valued at roughly USD500 million.
- [By Lisa Levin]
Suncor Energy (NYSE: SU) shares gained 0.51% to reach a new 52-week high of $39.50. Suncor Energy shares have jumped 25.52% over the past 52 weeks, while the S&P 500 index has gained 15.91% in the same period.
Top 10 Canadian Companies To Buy For 2015: Canadian Pacific Railway Limited(CP)
Canadian Pacific Railway Limited, through its subsidiaries, operates as a transcontinental railway providing freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. It transports bulk commodities, including grain, coal, sulphur, and fertilizers; merchandise freight; finished vehicles and automotive parts; forest products, which include wood pulp, paper, paperboard, newsprint, lumber, panel, and oriented strand board; and industrial and consumer products comprising chemicals, energy, and plastics, as well as mine, metals, and aggregates. The company provides rail and intermodal transportation services over a network of approximately 14,700 miles serving the principal business centers of Canada, from Montreal to Vancouver, British Columbia; and the Midwest and Northeast regions of the United States. Canadian Pacific Railway Limited was founded in 1881 and is headquartered in Calgary, Canada.
- [By Vanina Egea]
Conditions for railroad operations in the U.S. do not look as good as on the other side of the Great Lakes. While Canadian National (CNI) and Canadian Pacific (CP) have wrestled with a greater demand and adverse environmental conditions — conditions that have sparked a heated debate at Congress — U.S. railroad operators lack the necessary demand to be noticed by the market.
- [By Vanina Egea]
Canada is being home to one of the hottest transport debates seen in the last decade. Surprisingly enough it is far from legislating over auto pilots, bio fuels or frisking. The focus of Bill C-30, according to the Calgary Herald, is “federal legislation aimed at getting more grain moving on the rails.” Canadian Pacific (CP)’s chief operating officer Keith Creel told a House of Commons committee, however, that he had a great concern over the bill’s real effect. Company representatives argue that giving shippers the ability to transfer traffic to alternate railways may indeed slow down the grain supply chain due to increased handlings.
- [By Holly LaFon]
Another area that is intriguing to us is the North American energy sector which looks to have a number of interesting catalysts currently. While the energy sector is at present only a modest overweight in the portfolios, we have been encouraged by several trends taking place for a number of years. These positive developments are also having an impact that goes far beyond the energy sector itself. Many believe that the U.S. will become energy independent and possibly a net exporter of natural gas and oil (currently restricted by law) in the next decade. This opinion is based primarily on the development of new drilling techniques (i.e. horizontal drilling, and high pressure fracking) that have enabled companies to access oil and natural gas reserves in shale formations that were previously not economically viable. The ability to tap into this acreage is a game-changer in our view and is already having a tremendous impact on the economy. Employment rates in these mostly rura l areas surrounding the shale basins are very high and companies thus find hiring extremely competitive. Strong labor markets tend to create strong local economies. Oil States International (OIS) has been able to capitalize on this trend by providing housing and other services to oil service workers that are in demand in the area. CST Brands (CST) operates gas stations in Texas, but it is increasingly looking to broaden its product offering beyond fuel. Rail companies like Union Pacific (UNP), Canadian Pacific (CP), Kansas City Southern (KSU) and Genesee and Wyoming (GWR) have also benefited substantially. Given that shale areas are rural and often lacking infrastructure, substantial investment must be made to support drilling and production activities. Without pipelines in place, railroads have been the primary takeaway mechanism for moving production to the various clusters of refining capacity around the United States. In order to serve this demand, massive investment in railcars has been nee
- [By Aaron Levitt]
Another prime choice in the world of railroad stocks could be the chief Canadian rival of CNI: Canadian Pacific (CP). Like CNI, CP has made crude-by-rail a top contributor to its revenues and profits. Canadian Pacific has expanded into new terminal partnerships and projects, and its crude shipments should reach 70,000 oil-tank cars by the end of the year. Oh, and that number will expand roughly to 140,000 by the end of 2015.
Top 10 Canadian Companies To Buy For 2015: Kinross Gold Corporation(KGC)
Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold ores. It also involves in the exploration and acquisition of gold bearing properties. The company?s gold production and exploration activities are carried out principally in the Americas, Africa, and the Russian Federation. As of December 31, 2010, its proven and probable mineral reserves were 62.4 million ounces of gold, 90.9 million ounces of silver, and 1.4 billion pounds of copper. The company was founded in 1972 and is based in Toronto, Canada.
- [By Ben Levisohn]
On an adjusted basis, Eldorado Gold (EGO) has the longest reserve/resource life amongst our coverage companies (39 years) with Goldcorp (GG) having the longest reserve/resource life (23 years) amongst the senior producers versus the group average of 22 years. Kinross Gold (KGC) and Iamgold (IAG) have the shortest adjusted reserve/resource lives amongst the senior and mid-tier producers (18 and 14 years respectively). On a percentage basis, the companies most affected by the adjustment are New Gold (NGD) and Iamgold which both saw reserve/resource lives fall by 47% however, we note that despite the adjustment, New Gold still has the second longest reserve/resource life in our group (37 years). Newmont Mining was the least affected by the adjustments with reserve/resource life declining by only 12% to 22 years from 25 years.
- [By Jim Jubak]
At $1300 an ounce, Goldcorp’s assumed price of gold is still significantly above the $1140 at Barrick Gold (ABX) or the $1,200 an ounce at Kinross Gold (KGC). I expect that Yamana Gold AUY, set to report on February 18, which already used a price assumption below $1300 an ounce, will reduce its price assumption even further. That leaves plenty of room for another reduction in reserves at Goldcorp on a lower assumed price. Gold closed at $1273 an ounce on average in the fourth quarter of 2013, 4% lower than in the third quarter and 26% less than in the fourth quarter of 2012.
Top 10 Canadian Companies To Buy For 2015: Thor Industries Inc.(THO)
Thor Industries, Inc., together with its subsidiaries, manufactures and sells a range of recreation vehicles and small and mid-size buses, as well as related parts and accessories in the United States and Canada. The company offers a range of travel trailers and motorhomes under the trade name of Airstream, which include Airstream Safari, International, Flying Cloud, and Bambi travel trailers, as well as Interstate Class B motorhomes. It also manufactures and sells conventional travel trailers and fifth wheels under the trade names of Dutchmen, Four Winds, Aero, Grand Junction, Colorado, Cruiser, Seville, Zinger, and Sunset Trail; travel trailers and fifth wheels under trade names of Montana, Springdale, Hornet, Sprinter, Outback, Laredo, Everest, Mountaineer, Challenger, Cougar, Komfort, and Trailblazer; and gasoline and diesel Class C, Class A, and Class B motorhomes under the trade names of Four Winds, Hurricane, Windsport, Mandalay, Dutchmen, Chateau, Serrano, Ventura, and Fun Mover. In addition, it manufactures and sells gasoline and diesel Class A motor homes under the trade names of Daybreak, Challenger, Astoria, Tuscany, Outlaw, and Avanti; travel trailers, fifth wheels, truck campers, and park models under the trade name of General Coach; and park models under the trade names of Tranquility, Westchester, and Breckenridge. Further, the company manufactures small and mid-size transit and commercial buses under the trade names of Aerolite, AeroElite, Aerotech, Escort, MST, Transmark, EZ Rider, Axess, Challenger, Defender, Crusader, American Cruiser, Classic Coach, EZ Trans, GC II, and Pacer. It markets its vehicles through independent dealers to municipalities and private purchasers, such as rental car companies and hotels. The company has a joint venture agreement with Cruise America, Inc. to provide short-term rentals of motorized recreation vehicles to the public. Thor Industries was founded in 1980 and is based in Jackson Center, Oh io.
- [By John Udovich]
The CEO of recreation vehicle (RV) stock Winnebago Industries, Inc (NYSE: WGO) recently appeared on CNBC to say that the economy is improving for RV makers, meaning its time to take a closer look at the stock plus take a look at the performance of other small cap RV stocks like Drew Industries, Inc (NYSE: DW), Skyline Corporation (NYSEMKT: SKY) and Thor Industries, Inc (NYSE: THO).
- [By Lauren Pollock]
Thor Industries Inc.’s(THO) fiscal first-quarter earnings rose 33% on the strength of higher sales and wider margins. But results came in lower than expected.
- [By Sue Chang]
Thor Industries (THO) is expected to report fiscal first-quarter earnings of 70 cents a share. The recreational-vehicle maker in early November released a preliminary first-quarter sales target of $802.6 million, below the average estimate of $845 million at the time, The Wall Street Journal said. Thor manufactures Four Winds, Airstream and Dutchman.
Top 10 Canadian Companies To Buy For 2015: (AMC)
AMC Entertainment Holdings, Inc., through its subsidiaries, operates as a theatrical exhibition company in the United States and internationally. As of June 30, 2011, it owned, operated, or had interests in 357 theatres and 5,098 screens in 31 states and the District of Columbia, and 4 countries outside the United States. The company was founded in 1920 and is headquartered in Kansas City, Missouri. As of August 30, 2012, AMC Entertainment Holdings, Inc. operates as a subsidiary of Dalian Wanda Group Corporation Ltd.
- [By WWW.DAILYFINANCE.COM]
www.sixflags.com Major market indexes may be hitting new highs, but not everyone is celebrating. Given the lofty stock valuations and slowly expanding economy, many investors are starting to hunt for high-yielding stocks that can provide some steady income to help offset any upcoming market declines. Utility stocks, real estate investment trusts and limited partnerships are magnetic because of their chunky yields, but let’s look beyond the obvious high-payers. Let’s check out a few investments generating high payouts in some unlikely places. Six Flags (SIX) — 5.1 percent yield It seems as if you can’t run an amusement park chain as a public company without rewarding your stakeholders with some spending money for the next time they hit the park. This can probably be attributed to Cedar Fair (FUN), which as a limited partnership shells out most of its profits as distributions. This translated into a head-turning yield of 5.7 percent. Six Flags isn’t too shabby, presently yielding more than 5 percent. Even SeaWorld (SEAS) is now brandishing a yield north of 4 percent, largely the result of losing nearly a third of its value after a poorly received quarterly report a few weeks ago. Running a theme park isn’t cheap. It takes frequent sizable investments during the off-seasons to beef up the attractions. However, Six Flags is finding a way to build out its gated attractions while still being able to return money to its shareholders. Mattel (MAT) — 4.3 percent yield Barbie, Hot Wheels and American Girl are just some of the famous playthings produced by Mattel. Barbie sales have slowed in recent years, plunging 15 percent in Mattel’s latest quarter, and having a few more hit toys and games this upcoming holiday season wouldn’t hurt. The toy-making giant has been struggling lately, missing Wall Street’s profit targets in each of the past three quarters. Still, toy makers apparently don’t play games when it comes to their payouts. Rival Hasbro (HAS) — the to
- [By Teresa Rivas]
FBR’s Barton Crockett reiterated an Outperform rating and $39 price target: “Cinemark’s 2Q14 earnings report was encouraging in a difficult period. Revenues beat our expectations on upside in box office per screen growth in Latin America and U.S. concession pricing. Adj. EBITDA beat because of U.S. expenses. Domestically, while Cinemark’s box office trend was in-line with our estimate, it did not feature the Imax/faith-based movie mix headwinds that resulted in underperformance at Regal Entertainment (RGC) and AMC Entertainment (AMC).”
Top 10 Canadian Companies To Buy For 2015: United States Steel Corporation(X)
United States Steel Corporation produces and sells steel mill products in North America and Central Europe. It operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America. The USSE segment offers slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves the European construction, service center, conversion, container, transportation, and appliance and electrical, as well as and oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard, and line pipe and mechanical tubing. It primarily serves customers in the oil, gas, and petrochemical markets. The company also provides transportation services, including railroad and barge operations. In addition, it owns, develops, and manages various real estate assets, which include approximately 200,000 acres of surface rights primarily in Alabama, Illinois, Maryland, Michigan, Minnesota, and Pennsylvania; participates in joint ventures that are developing real estate projects in Alabama, Maryland, and Illinois; and owns approximately 4,000 acres of land in Ontario, Canada. The company was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
- [By Ben Levisohn]
It wasn’t that long ago that steel stocks like US Steel (X) and AK Steel (AKS) had been left for dead. Now, they’re among the hottest in the market.
Don’t believe me? Nucor (NUE), the underperformer of the bunch, has gained 12% during the past three months, more than four times the S&P 500′s 2.7% rise during the same period. AK Steel, meanwhile, has jumped 30%, Steel Dynamics (STLD) has climbed 37% and US Steel is up a whipping 81% during the past three months.
And it’s not like there hasn’t been plenty of good news to go around. On Tuesday, for instance, US Steel announced big changes that would hopefully save the steel giant a ton of money, including having its Canadian subsidiary file for bankruptcy. Then on Wednesday morning, Nucor said that it would earn far more during the third quarter than analysts had been predicting. And last night, Steel Dynamics also forecast earnings that were well above the Street consensus.
Cowen’s Anthony Rizzuto and team are excited by Outperform-rated Steel Dynamics’ results:
Steel Dynamics announced 3Q14 guidance of $0.42-$0.46, excluding $34MM in charges related to the acquisition and financing of Severstal Columbus, LLC. Steel Dynamics’ guidance was in line with our $0.44 estimate and exceeded the $0.37 consensus estimate.
Profitability is expected to increase q/q as shipments and metal spreads are forecast to improve in spite of continued elevated import activity. Demand for steel consuming end markets remain strong with strength in automotive, manufacturing, energy, and construction markets continuing to improve.
Increased demand for the company’s structural steel and fabricated steel joist and decking products continue to support the positive trend seen in the non-residential construction market. 3Q14 profitability from the company’s fabrication operations is expected to increase due to improved vol
- [By Ben Levisohn]
US Steel (X) has gotten a big boost today as Morgan Stanley named its a top pick, and is now up 33% so far this year. Axiom Capital’s Gordon Johnson admits he’s been wrong on US Steel this year, but stands by his bearish call:
While we are the first to admit our call on US Steel has been wrong YTD (and we were admittedly eagerly looking for a reason to become more constructive on the name – outside of the direction the stock is moving), after our review of the underlying data vs. the reasons everyone is so optimistic currently, we maintain our negative bias. While US Steel reported C2Q14 rev/EPS of $4.4bn/-$0.12, respectively, vs. Consensus ests. of $4.2bn/-$0.40 (handily beating expectations – due to better access to product than guided), what really got the stock going was guidance for C3Q14 pointing to ~$1.00/shr in GAAP EPS (or ~$4.00/shr annualized, & thus why the stock is trading near $40/shr today, or 10x annualized earnings… which is understandable if the company can make $1/shr in earnings every quarter into perpetuity). However, when considering the inherent volatility in US Steel’s earnings to shifts in U.S. HRC spot prices, elevated by a prodigious resiliency in U.S. HR C spot prices (down -1.2% YTD), despite the fall in both iron ore (down -35.4% YTD) & coking coal prices (down -21.1% YTD), as well as the data points overwhelmingly suggestive of an inventory buffer build in response to the threat of limited steel availability, we see 10-15% downside to U.S. HRC spot prices as likely before yr.-end 2014…
Our 12-month price objective adjusts higher to $21/shr (-45% downside from yesterday’s closing price) from $11/shr previously…
Shares of US Steel have gained $39.23 at 10:44 a.m.
- [By Ben Levisohn]
United States Steel (X) has risen 1.8% to $38.49 after it was upgraded to Outperform from Underperform at Credit Suisse.
Madison Square Garden (MSG) gained 1.3% to $65.91 in after-hours trading on Friday after JAT Capital Management reported that it had taken a 6.7% stake in the owner of the New York Knicks and would push it to create more value for shareholders.
- [By Teresa Rivas]
Walgreen (WAG) ended the day up after appointing a new CFO, a move that many see as clearing the way for a merger with Alliance Boots to reduce its taxes. U.S. Steel (X) gained on an upgrade from Deutsche Bank.
Top 10 Canadian Companies To Buy For 2015: Barrick Gold Corporation (ABX)
Barrick Gold Corporation engages in the production and sale of gold, as well as related activities, such as exploration and mine development. The company has a portfolio of 25 operating mines and a pipeline of projects located in North America, South America, the Australia Pacific region, and Africa. It also produces copper and holds interests in oil and gas properties located in Canada. The company was founded in 1983 and is based in Toronto, Canada.
- [By techjunk13]
Barrick Gold (ABX) released disappointing second quarter results. The company’s shares fell amid a loss in the second quarter. The main reason for this decline was a weaker gold price and lower gold and copper sales volume. The company is worried about its weak performance. It is taking measures to improve its profitability. Barrick Gold has also cut its cost forecast for the future due to a decline in the gold prices.
- [By Ben Levisohn]
Dudas and Jain call Buy-rated Newmont their “favorite large-cap North American gold equity,” topping the likes of Hold-rated Barrick Gold (ABX) and Buy-rated Agnico-Eagle Mines (AEM).
- [By Jason Hall]
2. Broad exposure to the largest gold-producers
The Market Vectors Gold Miners ETF holds some 40 different stocks, giving broad exposure to gold miners. Because the fund is weighted by market capitalization, the largest companies make up the majority of the fund. More than 40% of the fund is allocated to four companies: Goldcorp (NYSE: GG ) , Barrick Gold (NYSE: ABX ) , Newmont Mining (NYSE: NEM ) , and Silver Wheaton (NYSE: SLW ) .
Top 10 Canadian Companies To Buy For 2015: Vanguard Natural Resources LLC(VNR)
Vanguard Natural Resources, LLC, through its subsidiaries, engages in the acquisition and development of oil and natural gas properties in the United States. Its properties are located in the southern portion of the Appalachian Basin, primarily in southeast Kentucky and northeast Tennessee; the Permian Basin, primarily in west Texas and southeastern New Mexico; and south Texas. As of December 31, 2010, the company had estimated proved reserves of 69.3 million barrels of oil equivalent, as well as working interests in 2,270 net productive wells. Vanguard Natural Resources, LLC was founded in 2006 and is based in Houston, Texas.
- [By Tyler Crowe]
If you’re looking for income investments, then it’s awfully hard to argue with the massive distribution payments from LINN Energy (NASDAQ: LINE ) (NASDAQ: LNCO ) , Breitburn Energy Partners (NASDAQ: BBEP ) , and Vanguard Natural Resources (NASDAQ: VNR ) . Thing is, though, income investments need both a decent yield and a level of certainty that it will keep that distribution going for many years to come. Other than being high-yielding investments, they are also all master limited partnerships, which means you need to look beyond just the operations to see how these companies will stand the test of time.
- [By Robert Rapier]
During this past week’s joint monthly web chat for subscribers of The Energy Strategist and MLP Profits, we received several questions about Vanguard Natural Resources (Nasdaq: VNR). So let’s get to know this energy income play a little better.
- [By Daniel Gibbs]
Several weeks ago, I wrote an article that suggested that Vanguard Natural Resources (NASDAQ: VNR ) could offer a way to hedge the costs of heating your home this past winter given the exceptionally cold weather and high bills. Well, now the winter is beginning to wind down (the snow that some of us saw this past winter not withstanding), and soon it will be spring with its accompanying lower heating bills. So, should anyone who bought Vanguard as protection against high heating bills sell their shares now? There is little reason to, as the company still offers a very strong monthly dividend and reported very strong results at the end of last month.
- [By Robert Rapier]
Vanguard Natural Resources (NASDAQ: VNR) isn’t technically an MLP, but the differences will be transparent to most MLP investors. It is certainly worth considering, and one we have recommended. However, my preference would be to pick this one up at a slight discount from the current unit price of $28.48.