For the week, the worst sectors according to Portfolio Grader are the Metals and Mining, Computer and Personal Electronics, Energy Services, Oil and Gas, and Communications Equipment sectors.
The Metals and Mining sector looks weak, with 78% of its stocks (74 out of 95) rated a “sell”. Finishing near the bottom this week are Cliffs Natural Resources (NYSE:), Walter Energy (NYSE:), and Thompson Creek Metals Company Inc. (NYSE:) among the Metals and Mining stocks. Cliffs Natural Resources has a score of F while Walter Energy and Thompson Creek Metals Company Inc. rated F and F. Over the last 12 months, Walter Energy is the worst performer in this sector, with a 70.4% decline.
Top 5 Penny Companies To Buy For 2015: Rosetta Resources Inc.(ROSE)
Rosetta Resources Inc., an independent exploration and production company, engages in the acquisition, exploration, development, and production of onshore oil and gas resources in the United States. It owns producing and non-producing oil and gas properties located primarily in South Texas, including the Eagle Ford, and in the Southern Alberta Basin in Northwest Montana. As of December 31, 2011, the company had an estimated 965 billion cubic feet equivalent of proved reserves, including 36,370 million barrels of oil, 50,219 million barrels of natural gas liquids, and 446 billion cubic feet of natural gas, as well as drilled 53 net wells. Rosetta Resources Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Vera Yuan]
��il and gas exploration and production company Rosetta Resources, Inc. (ROSE) rose in anticipation of an ease in regulations on the exportation of condensate, an ultra-light oil that undergoes minimal processing. This could allow the condensate to be exported at higher prices, alleviating a potential condensate glut in the U.S. and benefitting Rosetta.
- [By Value Digger]
It is clear that these key metrics match the metrics of a heavily natural gas weighted company that also carries significant debt. To prove this, let's check out Comstock Resources (CRK). Comstock sold some assets recently to Rosetta Resources (ROSE) to reduce its long term debt which still remains high though.
- [By Tyler Crowe]
Who's doing it the best?
Company % Liquids in�Portfolio Oil Production Replacement Rate (3 Years) Reserve Replacement Costs (3-Year Average) Per boe Rosetta Resources� (NASDAQ: ROSE ) 57% 846% $6.99 Continental Resources� (NYSE: CLR ) 72% 827% $12.61 Laredo Petroleum� (NYSE: LPI ) 52% 1,042% $13.51 SM Energy� (NYSE: SM ) 53% 392% $14.67 SandRidge Energy� (NYSE: SD ) 58% 704% $14.85
It can be pretty handy to evaluate the entire industry on how efficiently it's replacing reserves, but reserve replacement costs can be more effective in evaluating individual companies. The lower the costs, the better it is. According to Ernst & Young, the most effective company at controlling reserve replacement costs is private company�Antero Resources, with a three-year average reserve replacement cost of about $2.88 per barrel of oil equivalent. Antero, and four of the other top five companies on Ernst & Young's list, are almost pure natural gas plays. If we've learned one thing over the past couple of years, it's that oil reserves and natural gas reserves are two totally different things when it comes to value. The five following companies have more than 50% liquids on�their�reserves and had the lowest reserve replacement costs for 2012.Sources: Ernst & Young and S&P Capital IQ; author's calculations.
Best Building Product Companies To Watch In Right Now: International Star Inc (ILST)
International Star, Inc., incorporated October 28, 1993, is primarily engaged in the acquisition and exploration of precious and base metals mineral properties. The Company�� properties are located in Arizona. As of December 31, 2010, the Company held 43 claims in the adjacent northern Black Mountains in Mohave County, and its current exploration activities are focused on these claims and surrounding areas of interest. As of September 1, 2010, the Company no longer held any mining claims in its former Wikieup property. The Wikieup Property formerly consisted of 42 lode claims comprising approximately 840 acres in the Hualapai Mountain Range at Wikieup, Arizona.
Mohave County, Arizona Property
The mineral property consists of approximately 1.4 square miles of land located in the northern Black Mountains in Mohave County, Arizona, approximately 56 miles from Las Vegas, Nevada, and 22 miles south of the Hoover Dam on United States Highway 93 (the Black Mountains Property). The property is easily accessed by partially paved entry off Highway 93 and has availability to electricity and water. Its Black Mountains Property consists of approximately 43 lode claims. Its claim holdings in this area began with placer claims in the adjacent Detrital Wash area. The Black Mountains Property is underlain by three basic rock units or packages of rocks. The oldest rock unit consists of Precambrian schist and gneissic rocks, which are the reconstituted (metamorphic) equivalents of former shale, siltstone, and volcanic rocks.
The property exhibits features of a metamorphic core complex. These features include the somewhat arch-like, cross-sectional (east-west) profile of this area of the Black Mountains, detached cover rocks, a preponderance of shallow-dipping penetrative structures (foliations) in the plutonic/metamorphic basement, and the composition of the plutonic rocks. The Company�� exploration efforts are primarily focused on the establishment of gold reserves with a seco! ndary focus on copper and other minerals. During the year ended December 1, 2010, the Company conducted drilling and additional sampling and mapping work on certain areas of its Black Mountains Property showing high mineralization results. During 2010, it allowed approximately 60 of its previously filed claims to expire and added approximately 25 claims covering nearby areas.
Advisors' Opinion:- [By Peter Graham]
Small cap mining stocks International Star Inc (OTCMKTS: ILST) and Mining Minerals of Mexico Corp (OTCMKTS: WIIM) sank 13.33% and 24.9%, respectively, today, with at least one of these small cap stocks being the subject of paid promotions or investor relations type of activities while the other has had no news since last summer. So should you dig into these small cap mining stocks which just dug a hole for investors and traders alike? Here is a closer look to help you decide:
Best Building Product Companies To Watch In Right Now: ONYX Pharmaceuticals Inc.(ONXX)
Onyx Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapies that target the molecular mechanisms that cause cancer in the United States and internationally. The company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., develops and markets Nexavar (sorafenib) tablet, a multiple kinase inhibitor for the treatment of liver cancer and advanced kidney cancer. It is also conducting Phase III clinical trial on Nexavar for the treatment of kidney, liver, lung, thyroid, breast, and non-small cell lung cancers; clinical trials on carfilzomib, a proteasome inhibitor for the treatment of patients with relapsed or relapsed/refractory multiple myeloma and solid tumors; and Phase Ib/II clinical trial on Oprozomib, an oral proteasome inhibitor. In addition, Onyx Pharmaceuticals, Inc. is developing ONX 0914, an immunoproteasome inhibitor, which is in preclinical stage for the treatment of autoimmune disorders, such as rheumatoid arthritis, inflammatory bowel disease, and lupus. Further, the company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., is conducting clinical trials on Regorafenib, a multi-kinase inhibitor to treat metastatic colorectal cancer and gastrointestinal stromal tumors. It has a collaboration agreement with Warner-Lambert Company to discover and commercialize small molecule drugs that restore control of or intervene in the misregulated cell cycle in tumor cells. The company also has development and license agreements with BTG International Limited for the development and commercialization of ONX 0801, a novel targeted oncology compound; and Ono Pharmaceutical Co., Ltd. to develop and commercialize carfilzomib and Oprozomib for oncology indications in Japan. Onyx Pharmaceuticals, Inc. was founded in 1992 and is headquartered in South San Francisco, California.
Advisors' Opinion:- [By Diane Alter]
That's why Money Morning last week featured a number of moves investors can make to weather the uncertainty. In case you missed them, we've highlighted below the best investments and stocks to buy now given new and continuing market factors:
The present bull market is looking old and tired at 54 months, a full 11 months longer than the average bull market run since 1953. Money Morning Chief Investment Strategist Keith Fitz-Gerald calls it the most unloved bull market in history. But there's no need to completely flee the market if you know the right moves to make. That's why we covered how to invest amid a market correction, plus how to invest in today's volatility. Money Morning Executive Editor William Patalon III rang up in-house energy expert Dr. Kent Moors to get the scoop on what investors need to do in the midst of mounting Middle East unrest. Moors, who runs our Energy Advantage advisory service, is one of best-connected insiders in the world's energy sector. He says investors should prepare themselves for the instability and continued surges in energy that will likely linger from a prolonged conflict. Speaking of moves to make right now, Money Morning's Global Investing & Income Strategist Robert Hsu warns investors to immediately find out how much exposure they have to real estate investment trusts (REITs), and in particular, mortgage REITs. You see, with mortgage rates spiking, REITs have come under pressure as worries grow that higher financing costs and rising capitalization rates (which often lead to lower property values) will weigh on the sector. A number of these investment vehicles are down some 24% to 30% in less than five months. Hsu cautions it is going to get a lot worse. That's why he's waving a red flag. Everyone needs to take note because practically every "properly divers - [By Ben Levisohn]
There can be only one. And today there is one fewer company trying to buy Onyx Pharmaceuticals (ONXX).
ReutersAccording to Bloomberg, Novartis (NVS) has dropped out of the bidding for the high flying biotech stock on account of its high price tag:
- [By Sean Williams]
Finally, off in its own world this week is Onyx Pharmaceuticals (NASDAQ: ONXX ) , which purportedly has received a $130-per-share buyout offer, or $9.5 billion, from Amgen, as Reuters reported earlier this week. According to people familiar with the matter, Onyx is still exploring interest from other suitors, but it may be interested in accepting Amgen's offer, which is $10 a share higher than its original offer roughly six weeks ago. This news comes on the heels of Onyx's second-quarter results, which showed losses were halved to just $53 million and revenue more than doubled to $153 million. If Onyx accepts the deal at $130 per share, I'd suggest Amgen is still getting itself a decent bargain.
- [By Steven Silver]
To bolster growth, Amgen secured FDA approval of its denosumab franchise in 2010 for post-menopausal osteoporosis, as well as for cancer-related bone loss. In October 2013, Amgen acquired Onyx Pharmaceuticals (ONXX) to expand into the lucrative cancer treatment markets.
Best Building Product Companies To Watch In Right Now: Global X China Materials ETF (CHIM)
Global X China Materials ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Materials Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Materials sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund. Advisors' Opinion:- [By pamatlarge]
Investors looking to short a particular sector can choose from several Global X long ETFs. The Global X China Consumer ETF (CHIQ) concentrates its investments in consumer cyclical goods and consumer defense goods. The Global X China Energy ETF (CHIE) primarily holds stocks in coal, oil and utility companies. The Global X China Financials ETF (CHIX) only invests in financial services companies and real estate companies. The Global X China Industrials ETF (CHII) holds stocks in industrial companies and basic materials companies. The Global X China Materials ETF (CHIM) invests in basic materials stocks. The Global X China Technology ETF (CHIB) holds technology stocks as the core of its investments. All of these ETFs are particularly sensitive to sector downturns and general economic contractions.
No comments:
Post a Comment