Direxion’s Opportunities in Beaten-Up Sectors
Some sectors have gotten downright spooky As we move into the season of Pumpkin Spice Lattes, many sectors in the market have given investors more treats than tricks this year.…
62.5% of analysts rate NGL Energy Partners a “buy,” 12.5% rate it as a “hold,” and the remaining 25.0% rate it as a “sell.”
In this series, we’ll look at four American upstream energy companies’ production trends over the last few quarters.
Profitability in the refining industry is determined by the revenues earned by selling finished products minus the cost of crude inputs—until recently, refiners were buying lower priced crudes to produce refined product, which sold at better prices internationally.
Looking ahead, SRC said it has seen the early signs of a recovery in the resource sector, and expects it to continue to be a challenging environment for many commodities-focused businesses throughout 2014 and into 2015.
Sprott Inc.’s founder, Eric Sprott, is well known among financial circles for his successes in the investment sector. He is also known among Aboriginal circles for his support of First Nations peoples.
Sprott Resource Corp., SRC (SCPZF), employs a disciplined approach when looking for investments. You can take this with a grain of salt but the company lists the fact that they have done due diligence on over 1,000 deals.
Our experience with Steve Yuzpe has been an extremely favorable one and we have confidence in his abilities to lead the company going forward.
While Sprott’s share price has been bottoming out due to the dividend cut, Long Run Exploration (LRE.TO), Sprott’s largest holding, has seen its share price increase over 30%.
SRC passes our 3-M’s test (management, moat, and mis-pricing). Our analysis tells us that the company is worth north of CAD$3.50 based on its NAV.
Halliburton posted 4Q13 adjusted EPS of $0.93 compared to consensus estimates of $0.89 (excluding after-tax restructuring charges of $0.03 per diluted share).