RECENT Industrials RESEARCH
The crude tanker industry has been weak since the start of the second quarter of 2017. Weakness lingered through the start of the third quarter and then aggravated going into August and September.
US rail freight volumes were rising on a year-over-year basis until the third week of August 2017, but Hurricanes Harvey and Irma disrupted the pace.
The third quarter of 2017 was one of the worst third quarters in the last few years for the crude tanker industry. Crude tanker rates have dropped significantly, especially at the end of August and September.
Steel stocks have recouped some of their losses in the last two trading sessions. However, U.S. Steel Corporation (X) and AK Steel (AKS) have lost 5.3% and 4.1%, respectively, month-to-date based on their September 27 closing prices.
The sharp upward trend in railroad stocks began after the 1Q17 results. But after the 2Q17 earnings announcements, momentum has cooled down.
In this series, we’ll compare the 2Q17 financial performances of less-than-truckload carriers in the US.
In week 38, most of the crude tanker stocks traded in the green. Only Nordic American Tankers and Gener8 Maritime Midstream Partners traded in the red.
On September 20, 2017, the AAR released the North American freight data for the 37th week of the year. US rail freight posted a 1.4% fall for the week.
After reducing capacity growth from mid-2016 to mid-2017, Spirit Airlines (SAVE) has again increased its capacity growth in the third quarter of 2017.
All nine analysts that cover Hoegh LNG Partners (HMLP) are bullish on the stock.
On September 19, 2017, FedEx (FDX) announced its fiscal 1Q18 results, reporting EPS (earnings per share) of $2.2, compared with the expected $3.0.
The US steel industry is having a weak year despite a presumably supportive Trump Administration. There are doubts about the US steel industry’s health.
JetBlue Airways’ capacity rose 5.4% year-over-year (or YoY) in August 2017.
In this series, we’ll be looking at the dividend yield of some of the ESG-compliant stocks that have been chosen based on their holdings in the iShares MSCI USA ESG Select ETF (SUSA).
In week 37, most of the crude tanker stocks traded in green. Only, Tsakos Energy Navigation and Euronav traded in red.
There have been varied estimates of the damages caused by Harvey, from $65.0 billion to as high as $190.0 billion. In this series, we’ll look at how Hurricanes Harvey and Irma affected Class I railroads.
As for the US steel industry, 2017 has been a tepid year for steel stocks (XME). After the meteoric rise last year, most US steel companies are trading with year-to-date losses this year.
The Association of American Railroads published the freight data for the week ended September 9.
Total shipments rose to ~486,500 railcars from 483,000 railcars in the same week in 2016.
In this series, we’ll look at the top ten companies in the global steel industry based on steel production, steel consumption, and steel imports.
In this series, we’ll look at 11 S&P 500 companies offering high dividend yields.