RECENT Industry and Company RESEARCH
Cabot Oil & Gas’s (COG) net-debt-to-EBITDA multiple rose steadily between 2Q15 and 4Q15 due to a rising net debt and a falling EBITDA trend.
In its 2Q17 earnings conference, Whiting Petroleum (WLL) lowered its capex forecast for 2017 from $1.1 billion to $950 million.
According to AIR Worldwide, Hurricane Irma will likely create insured losses of $20 billion–$65 billion for the US and some Caribbean islands.
Cabot Oil & Gas (COG) expects its drilling and completion capital for 2017 to be $610 million.
At the end of 2Q17, Chesapeake Energy (CHK) had a principal debt balance of $9.7 billion, which was lower than at the end of 2016. A lot of investor attention has been focused on CHK.
In 2Q17, the five largest US banks originated residential mortgages worth $112.0 billion, which was higher than $96.0 billion in 1Q17 but well below $129.0 billion in 2Q16.
In this series, we’ll analyze Westmoreland Coal’s (WLB) business model. We’ll explore how the company has expanded its business, and evaluate its key operational metrics and financial position.
According to Bloomberg, deregulation of US banking (XLF) could enhance gross profits for the six largest US banks by $27 billion, which would increase their annual pretax income by around 20%.
In this series, we’ll explore how Cloud Peak Energy (CLD) has expanded its business and evaluate its key operational metrics and financial position.
Self-storage REITs are experiencing solid growth in income and revenues in 2017. In this series, we’ll analyze the 2Q17 results for Public Storage (PSA), Extra Space Storage (EXR), and CubeSmart (CUBE).
Industrial REITs (real estate investment trusts) are currently experiencing a boom, and many investors and analysts anticipate future growth.
In 2Q17, Berkshire Hathaway (BRK.A) acquired a stake of 17.5 million shares in Synchrony Financial, the financing arm of General Electric. Berkshire Hathaway also increased its holdings in Bank of New York Mellon to 50.2 million shares.
Healthcare REITs that own senior care facilities, hospitals, and nursing homes are seeing growth. With the aging population rising, the need for critical healthcare facilities is also rising.
In this series, we’ll analyze the 2Q17 results of American Tower (AMT), SBAC Communications (SBAC), and Crown Castle International (CCI).
Residential REITs showed strong momentum in the first half of 2017 with solid improvements in both top-line and bottom-line results.
The top five US investment banks, including J.P. Morgan (JPM) and Goldman Sachs (GS), garnered total advisory and underwriting fees of $8 billion in 2Q17. This trend represented a 12% year-over-year increase.
Amid the loud cries that US malls are dying, the 2Q17 performances of US commercial REITs show the fallacy of the idea.
The OCC (Office of the Comptroller of the Currency) will start the process of amending the Volcker Rule this week.
Banking stocks posted moderate gains this week as the Fed left interest rates unchanged. The S&P Financial Sector Index rose 0.5%.
Weakness in banking stocks continued last week with more banks posting mixed results. The S&P Financial Sector Index fell 0.3%.