Welcome to the Stock of the Day.
Best Building Product Stocks To Watch For 2015: PDC Energy Inc (PDCE)
PDC Energy, Inc. (PDC), incorporated on March 25, 1955, doing business as PDC Energy, is a domestic independent exploration and production company, which acquires, develops, explores, and produces natural gas, natural gas liquids (NGLs), and crude oil. Its Western Operating Region is focused on development in the Wattenberg Field in Colorado, particularly in the liquid-rich horizontal Niobrara play and on the ongoing development of refractures and recompletions of its Wattenberg wells. In its Eastern Operating Region, it is focused on development activity in the liquid-rich portion of the Utica Shale play in Ohio. The Company owns an interest in approximately 7,200 gross producing wells and maintained an average production rate of 135.6 One million cubic feet of natural gas volume (MMcfe) per day for the year ended December 31, 2012, which was comprised of 65.3% natural gas, 10.2% NGLs and 24.5% crude oil. It divides its operating activities into two segments: Oil and Gas Exploration and Production, and Gas Marketing. It divides its Western Operating Region into two areas: the Wattenberg Field and Piceance Basin. On February 28, 2012, the Company divested its Permian Basin assets. In May 2012, it announced that it has executed a definitive agreement to acquire Core Wattenberg assets that contain liquid-rich horizontal drilling opportunities. The effective date of the transaction is April 1, 2012. The assets are located in the Core Wattenberg Field of Weld and Adams Counties, Colorado and are approximately 94%-operated. The acquired assets include an estimated 35,000 net acres prospective for horizontal development of the Niobrara and Codell formations. In July 2012, the Company acquired core Wattenberg assets. In September 2012, Miller Energy Resources, Inc. acquired its Tennessee assets. On June 18, 2013, PDC Energy Inc announced that it has sold its non-core Colorado natural gas assets.
Oil and Gas Exploration and Production
The Company�� Oil and Gas Exploration and Prod! uction segment reflects revenues and expenses from the production and sale of natural gas, NGLs and crude oil. It sells its natural gas to marketers, utilities, industrial end-users and other wholesale purchasers. It sells natural gas, which it produces under contracts with indexed or New York Mercantile Exchange (NYMEX) monthly pricing provisions with the remaining production sold under contracts with daily pricing provisions. Its contracts include provisions wherein prices change monthly with changes in the market, for which adjustments may be made based on whether a well delivers to a gathering or transmission line, quality of natural gas and prevailing supply and demand conditions. It does not refine any of its crude oil production. It sells its crude oil to oil marketers and refiners. Its crude oil production is sold to purchasers at or near its wells under both short and long-term purchase contracts with monthly pricing provisions based on an average daily price. Its NGLs are sold to one NGL marketer in the Wattenberg Field. Its NGL production is sold under both short and long-term purchase contracts with monthly pricing provisions based on an average daily price.
The Company�� Oil and Gas Exploration and Production segment also reflects revenues and expenses related to well operations and pipeline services. It is paid a monthly operating fee for the portion of each well it operates that is owned by others, including its affiliated partnerships. It constructs, owns and operates gathering systems in its areas of operations. Its natural gas and NGLs are transported through its own and third party gathering systems and pipelines. It enters into firm transportation agreements to provide for pipeline capacity to flow and sell a portion PDC Energy, Inc. (PDC), incorporated on March 25, 1955, doing business as PDC Energy, is a domestic independent exploration and production company, which acquires, develops, explores, and produces natural gas, natural gas liquids (NGLs), and crude oil. Its! Western ! Operating Region is focused on development in the Wattenberg Field in Colorado, particularly in the liquid-rich horizontal Niobrara play and on the ongoing development of refractures and recompletions of its Wattenberg wells. In its Eastern Operating Region, it is focused on development activity in the liquid-rich portion of the Utica Shale play in Ohio. The Company owns an interest in approximately 7,200 gross producing wells and maintained an average production rate of 135.6 One million cubic feet of natural gas volume (MMcfe) per day for the year ended December 31, 2012, which was comprised of 65.3% natural gas, 10.2% NGLs and 24.5% crude oil. It divides its operating activities into two segments: Oil and Gas Exploration and Production, and Gas Marketing. It divides its Western Operating Region into two areas: the Wattenberg Field and Piceance Basin. On February 28, 2012, the Company divested its Permian Basin assets. In May 2012, it announced that it has executed a definitive agreement to acquire Core Wattenberg assets that contain liquid-rich horizontal drilling opportunities. The effective date of the transaction is April 1, 2012. The assets are located in the Core Wattenberg Field of Weld and Adams Counties, Colorado and are approximately 94%-operated. The acquired assets include an estimated 35,000 net acres prospective for horizontal development of the Niobrara and Codell formations. In July 2012, the Company acquired core Wattenberg assets. In September 2012, Miller Energy Resources, Inc. acquired its Tennessee assets.
Oil and Gas Exploration and Production
The Company�� Oil and Gas Exploration and Production segment reflects revenues and expenses from the production and sale of natural gas, NGLs and crude oil. It sells its natural gas to marketers, utilities, industrial end-users and other wholesale purchasers. It sells natural gas, which it produces under contracts with indexed or New York Mercantile Exchange (NYMEX) monthly pricing provisions with the remaining p! roduction! sold under contracts with daily pricing provisions. Its contracts include provisions wherein prices change monthly with changes in the market, for which adjustments may be made based on whether a well delivers to a gathering or transmission line, quality of natural gas and prevailing supply and demand conditions. It does not refine any of its crude oil production. It sells its crude oil to oil marketers and refiners. Its crude oil production is sold to purchasers at or near its wells under both short and long-term purchase contracts with monthly pricing provisions based on an average daily price. Its NGLs are sold to one NGL marketer in the Wattenberg Field. Its NGL production is sold under both short and long-term purchase contracts with monthly pricing provisions based on an average daily price.
The Company�� Oil and Gas Exploration and Production segment also reflects revenues and expenses related to well operations and pipeline services. It is paid a monthly operating fee for the portion of each well it operates that is owned by others, including its affiliated partnerships. It constructs, owns and operates gathering systems in its areas of operations. Its natural gas and NGLs are transported through its own and third party gathering systems and pipelines. It enters into firm transportation agreements to provide for pipeline capacity to flow and sell a portion
Advisors' Opinion:- [By Garrett Cook]
Energy shares dropped around 0.22 percent in today’s trading. Top decliners in the sector included Daqo New Energy (NYSE: DQ), PDC Energy (NASDAQ: PDCE), and YPF SA (NYSE: YPF).
Top Defensive Stocks To Buy For 2014: iShares Government/Credit Bond ETF (GBF)
iShares Lehman Government/Credit Bond Fund (the Fund) seeks investment results that correspond to the price and yield performance of the United States Government and investment-grade United States corporate securities of the United States bond market as defined by the Lehman Brothers U.S. Government/Credit Index (the Index). The Fund invests in a representative sample of the securities in the Index, which has a similar investment profile as the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
The Index measures the performance of United States dollar-denominated United States Treasuries, government-related securities and investment-grade United States corporate securities that have a remaining maturity of greater than or equal to one year, and have more than $250 million or more of outstanding face value. The securities must be fixed-rate and non-convertible securities.
Advisors' Opinion:- [By Jonathan Morgan]
Bilfinger SE (GBF) climbed 3.1 percent to 74.30 euros. Germany�� second-largest builder predicted a significantly stronger second half after reporting second-quarter net income of 47 million euros ($62.5 million), which was in line with analysts�� estimates.
Top Defensive Stocks To Buy For 2014: Wet Seal Inc (WTSL)
The Wet Seal, Inc., incorporated in 1990, is a specialty retailer operating stores selling apparel and accessory items designed for female customers aged 15 to 39 years old. As of January 28, 2012, the Company operated 558 retail stores in 47 states and Puerto Rico. Its products can also be purchased online through its Websites. It operates two nationwide, primarily mall-based, chains of retail stores under the names Wet Seal and Arden B. Wet Seal is a junior apparel brand for teenage girls who seek trend-focused clothing, with a target customer age range of 15 to 23 years old. Arden B is a fashion brand for the feminine contemporary woman. Arden B targets customers aged 25 to 39 years old and seeks to deliver collections of fashion and basic separates and accessories for various aspects of the customers��lifestyles. During fiscal year ended January 28, 2012 (fiscal 2011), the Company opened 28 and closed six Wet Seal stores and opened four and closed one Arden B stores.
The Company maintains a Web-based store located at www.wetseal.com, offering Wet Seal merchandise comparable to that carried in its stores, to customers over the Internet. The Company also maintains a Web-based store located at www.ardenb.com, offering Arden B merchandise comparable to that carried in its stores, to customers over the Internet. Its online stores are designed to serve as an extension of the in-store experience and offer a range of merchandise. Wet Seal stores average approximately 4,000 square feet in size. As of January 28, 2012, the Company operated 472 Wet Seal stores and Arden B stores average approximately 3,100 square feet in size.
The Company competes with Abercrombie & Fitch, Aeropostale, American Eagle, Anthropologie, Banana Republic, BCBG, bebe, Body Central, Charlotte Russe, Express, Forever 21, Gap, Guess?, H&M, Nordstrom, Old Navy, Pacific Sunwear, Rue 21, Target, Urban Outfitters and Zara. As of April 28, 2012, the Company operated a total of 553 stores in 47 states and Puerto! Rico, including 469 Wet Seal stores and 84 Arden B stores.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Abercrombie & Fitch have gained 11% to $36.78 today, even as Aeropostale (ARO) has dropped 5.2% to $8.50, and Zumiez (ZUMZ) has fallen 5.6% to $22.85. Wet Seal (WTSL), meanwhile, has gained 0.8% to $2.60 and�American Eagle Outfitters (AEO) has advanced 0.9% to %15.46.
- [By Caroline Chen]
CEOs were replaced at Canadian Pacific Railway Ltd. (CP) and Procter & Gamble Co. (PG) after activist investor Bill Ackman pushed for shakeups. Greg Taxin�� Clinton Group Inc. prompted management changes at Nutrisystem Inc. (NTRI) and Wet Seal Inc. (WTSL) in the past year.
Top Defensive Stocks To Buy For 2014: Mettler-Toledo International Inc. (MTD)
Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications; analytical instruments for use in life science; automated chemistry solutions used in drug and chemical compound discovery and development; and metal detection and other end-of-line inspection systems used in production and packaging for food, pharmaceutical, and other industries. Its laboratory instruments include laboratory balances, pipettes, titrators, thermal analysis systems, and other analytical instruments comprising pH meters, density and refractometry instruments, moisture analyzers, as well as laboratory software, automated chemistry solutions, and process analytic instruments. The company�s industrial solutions comprise in dustrial weighing instruments, industrial terminals, automatic identification and data capture solutions, vehicle scale systems, industrial software, and product inspection systems. Its retail solutions consist of multiple weighing and food labeling solutions, such as stand-alone scales, and networked scales and software for handling fresh goods, such as meats, vegetables, fruits, and cheeses. The company serves the life science industry covering pharmaceutical and biotechnology companies, and independent research organizations; food and beverage producers; food retailers; chemical, specialty chemical, and cosmetics companies; transportation and logistics, metals, and electronics industries; and the academic community. It markets its products through its direct sales force, as well as through indirect distribution channels. Mettler-Toledo International Inc. was founded in 1991 and is based in Columbus, Ohio.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Mettler-Toledo International (NYSE: MTD ) , whose recent revenue and earnings are plotted below.
No comments:
Post a Comment