Best Canadian Stocks To Watch Right Now

tags:BRD,PAA,CM,NUS,

What do Canadian Venture stocks, Arizona, Private Placements, and gold mines have in common? Well, stand alone, not much, but put the components together and you have a series of non-brokered private placements into Canadian small cap companies that have gold mine properties in Arizona. Hmmm....

This morning Silver Spruce Resources Inc. (TSX: SSE.V, OTCQB: SSEBF) announced that it has closed its current non-brokered private placement and raised gross proceeds of $166,495.00 (the offering). The offering will consist of the issuance of 2,378,500 shares and 2,378,500 warrants. The gross proceeds will be used to meet operating obligations.

Best Canadian Stocks To Watch Right Now: Apollo Gold Corporation(BRD)

Advisors' Opinion:

• [By Ethan Ryder]

  Bread (CURRENCY:BRD) traded 10.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on May 6th. Bread has a market cap of $73.13 million and approximately $1.09 million worth of Bread was traded on exchanges in the last 24 hours. One Bread token can currently be purchased for about $0.82 or 0.00008683 BTC on popular exchanges including OKEx, Binance and Cobinhood. In the last seven days, Bread has traded 3.3% higher against the U.S. dollar.

• [By Joseph Griffin]

  Bread (CURRENCY:BRD) traded 2.1% lower against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on May 27th. One Bread token can currently be bought for $0.46 or 0.00006320 BTC on popular cryptocurrency exchanges including Cobinhood, Binance and OKEx. Bread has a market capitalization of $40.78 million and $4.40 million worth of Bread was traded on exchanges in the last day. During the last seven days, Bread has traded down 28.2% against the U.S. dollar.

Best Canadian Stocks To Watch Right Now: Plains All American Pipeline L.P.(PAA)

Advisors' Opinion:

• [By Logan Wallace]

  Investors bought shares of Plains All American Pipeline (NYSE:PAA) on weakness during trading on Thursday. $28.45 million flowed into the stock on the tick-up and $9.70 million flowed out of the stock on the tick-down, for a money net flow of $18.75 million into the stock. Of all equities tracked, Plains All American Pipeline had the 14th highest net in-flow for the day. Plains All American Pipeline traded down ($0.22) for the day and closed at $24.09

• [By John Bromels]

  That's what happened to U.S. oil and gas pipeline operators�Kinder Morgan, Inc.�(NYSE:KMI) and master limited partnership�(MLP)�Plains All American Pipeline�(NYSE:PAA) in 2016. Both made a major dividend/distribution cut. Both stocks took a hit. And neither one has recovered: Plains All American is down 53.3% over the last three years, while Kinder Morgan is down a painful 63.1%.

• [By Lisa Levin]

   

  Companies Reporting After The Bell Marriott International, Inc. (NASDAQ: MAR) is projected to post quarterly earnings at $1.22 per share on revenue of $5.72 billion. Electronic Arts Inc. (NASDAQ: EA) is estimated to post quarterly earnings at $1.04 per share on revenue of $5.68 billion. The Walt Disney Company (NYSE: DIS) is projected to post quarterly earnings at $1.68 per share on revenue of $14.05 billion. Papa John's International, Inc. (NASDAQ: PZZA) is expected to post quarterly earnings at $0.62 per share on revenue of $441.73 million. Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is projected to post quarterly earnings at $2.77 per share on revenue of $434.87 million. Sun Life Financial Inc. (NYSE: SLF) is estimated to post quarterly earnings at $0.89 per share on revenue of $6.38 billion. LATAM Airlines Group S.A. (NYSE: LTM) is expected to post quarterly earnings at $0.16 per share on revenue of $2.70 billion. Liberty Global plc (NASDAQ: LBTYA) is projected to post quarterly earnings at $0.02 per share on revenue of $4.05 billion. TripAdvisor, Inc. (NASDAQ: TRIP) is expected to post quarterly earnings at $0.16 per share on revenue of $362.11 million. The Wendy's Company (NASDAQ: WEN) is projected to post quarterly earnings at $0.1 per share on revenue of $379.98 million. A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is expected to post quarterly earnings at $0.06 per share on revenue of $1.69 billion. Monster Beverage Corporation (NASDAQ: MNST) is estimated to post quarterly earnings at $0.4 per share on revenue of $849.38 million. Convergys Corporation (NYSE: CVG) is expected to post quarterly earnings at $0.4 per share on revenue of $670.10 million. ScanSource, Inc. (NASDAQ: SCSC) is projected to post quarterly earnings at $0.7 per share on revenue of $875.91 million. KAR Auction Services, Inc. (NYSE: KAR) is expected to post quarterly earnings at $0.76 per share on revenue of $923.13

Best Canadian Stocks To Watch Right Now: Canadian Imperial Bank of Commerce(CM)

Advisors' Opinion:

• [By Logan Wallace]

  Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

• [By Joseph Griffin]

  Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

• [By Stephan Byrd]

  Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

Best Canadian Stocks To Watch Right Now: Nu Skin Enterprises Inc.(NUS)

Advisors' Opinion:

• [By Max Byerly]

  Nu Skin Enterprises (NYSE: NUS) and PetIQ (NASDAQ:PETQ) are both consumer staples companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, earnings, dividends, profitability, analyst recommendations, valuation and risk.

• [By Shane Hupp]

  Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) reached a new 52-week high and low during trading on Wednesday . The company traded as low as $81.72 and last traded at $81.25, with a volume of 3382 shares traded. The stock had previously closed at $80.34.

• [By ]

  Nu Skin Enterprises (NYSE: NUS) is benefiting from two key trends: its strong presence in Asia where it books 79% of its revenue and leading brand awareness with millennials. The company has increased its dividend every year since 2001, now paying a 2% yield, and maintains a share repurchase program that returns excess cash to shareholders.

Leverage Alert Ringing While Cash Drains From Stock Broker Accounts

Few things evoke fear in markets like a margin call. Now there are signs that many U.S. stock investors are ill-prepared to deal with one.

The issue is net cash in equity brokerage accounts, seen by some as a proxy for how well-cushioned traders are from forced liquidations if stocks start to plummet. It’s calculated by subtracting the amount of debt used to buy securities from money in an account that’s available to buy more.

And right now, it’s perilously low.

#lazy-img-328040338:before{padding-top:56.25%;}

The deficit just reached $317 billion, the widest ever, according to New York Stock Exchange data compiled by Sundial Capital Research Inc. The previous record was set in January, right before the S&P 500 Index suffered its first 10 percent correction in two years.

Cash “seems to provide less of a cushion for any decline in the value of stock,” Jason Goepfert, president of Sundial Capital Research Inc., wrote in a note to clients. “That is clearly concerning.”

There are few topics in the market subject as much demagoguery as margin debt, and a standard critique over the the period of the bull market has been that it’s at untenable levels -- $652 billion, by the NYSE’s last count. What’s usually lost in the discussion is that such debt basically always rises with the value of equities -- the two are virtually synonymous since one collateralizes by the other.

What’s bad is when the expansion of margin comes untethered from the slope of equities, signaling people are taking out loans even faster than stocks are appreciating. That happened in the final year of the last two bull markets, when margin loan growth outpaced share gains by twofold in 2007 and almost four times in 2000.

Nothing like that is happening now. At the same time, a similarly dire picture is evident when cash credits in brokerage accounts are taken into consideration. Available for investors to withdraw at any time, for any purpose, they include proceeds from short sales and extra buying power held in margin accounts. Last month, they fell 3.3 percent to $335 billion, the lowest level in four years.

Think of the money as assets on a balance sheet and stock loans as liabilities. As traders withdrew cash while at the same time raising debt, their financial health, or in Sundial’s term “net wealth,” deteriorates.

“Debt alone doesn’t tell the whole story,” Goepfert said. “The new record in negative net worth is most concerning, just not as concerning as it would be if the growth in debt was more extreme. The latest drop in net worth is due more to a drain of cash out of accounts as opposed to an increase in debt. Maybe that’s just as worrisome.”

LISTEN TO ARTICLE 2:33 Share Share on Facebook Post to Twitter Send as an Email Print

Top Energy Stocks To Buy Right Now

tags:CHK,TTI,ENB,HAL,IPWR,BCEI, &l;p&g;&l;img class=&q;dam-image getty size-large wp-image-949027892&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/949027892/960x0.jpg?fit=scale&q; data-height=&q;592&q; data-width=&q;960&q;&g; Saudi Energy Minister Khaled al-Faleh (L) and Russian Energy Minister Alexander Novak attend a meeting of OPEC and non-OPEC members to assess compliance with production cuts and to discuss potential long-term cooperation, in Jeddah on April 20, 2018. (AMER HILABI/AFP/Getty Images)

President Donald Trump tweeted about oil prices this morning and now has everyone from oil ministers to the market reacting.

&l;/p&g;&l;blockquote class=&q;twitter-tweet&q;&g;

&l;p dir=&q;ltr&q; lang=&q;en&q;&g;Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! No good and will not be accepted!&l;/p&g;

&a;mdash; Donald J. Trump (@realDonaldTrump) &l;a href=&q;https://twitter.com/realDonaldTrump/status/987284041304100864?ref_src=twsrc%5Etfw&q; target=&q;_blank&q;&g;April 20, 2018&l;/a&g;&l;/blockquote&g;

Top Energy Stocks To Buy Right Now: Chesapeake Energy Corporation(CHK)

Advisors' Opinion:

• [By Paul Ausick]

  Chesapeake Energy Corp. (NYSE: CHK) dropped about 11% Monday to post �a new 52-week low of $3.00 after closing at $3.33 on Friday. The stock’s 52-week high is $6.65. Volume was around 45 million, about 55% above the daily average of around 28.8 million. The company had no specific news.

• [By Paul Ausick]

  Here’s how share prices of the largest U.S. natural gas producers reacted the latest report:

  Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 0.9%, at $75.53 in a 52-week range of $73.90 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded up nearly 19%, at $3.13 in a 52-week range of $2.53 to $6.59. The company reported better-than-expected earnings this morning. EOG Resources Inc. (NYSE: EOG) traded up about 1.1% to $106.91. The 52-week range is $81.99 to $119.00.

  Furthermore, the United States Natural Gas ETF (NYSEARCA: UNG) traded up about 0.1%, at $22.32 in a 52-week range of $20.40 to $31.72.

• [By Paul Ausick]

  Here’s how share prices of the largest U.S. natural gas producers reacted to this latest report:

  Exxon Mobil Corp. (NYSE: XOM), the country’s largest producer of natural gas, traded up about 0.1% to $77.53, in a 52-week range of $72.16 to $89.30. Chesapeake Energy Corp. (NYSE: CHK) traded down about 1.1%, at $3.16 in a 52-week range of $2.53 to $6.18. EOG Resources Inc. (NYSE: EOG) traded down about 0.2% to $109.21. The 52-week range is $81.99 to $119.00.

  In addition, the United States Natural Gas ETF (NYSEAMERICAN: UNG) traded up about 0.7%, at $222.17 in a 52-week range of $20.40 to $31.72.

• [By Paul Ausick]

  In the two-week short interest reporting period that ended April 13, the company with the biggest change in short interest was Chesapeake Energy Corp. (NYSE: CHK). As of that date, 183.8 million shares were short. That’s about 20.5% of Chesapeake’s total float. Short sellers dumped 20.9 million shares from their positions during the period.

Top Energy Stocks To Buy Right Now: Tetra Technologies, Inc.(TTI)

Advisors' Opinion:

• [By Stephan Byrd]

  Tetra Technologies (NYSE: TTI) and Chaparral Energy (OTCMKTS:CHPE) are both small-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.

Top Energy Stocks To Buy Right Now: Enbridge Inc(ENB)

Advisors' Opinion:

• [By Paul Ausick]

  Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already own in a deal that would pay unitholders of Spectra 1.0123 shares of Enbridge common stock for every common unit of Spectra they currently hold.

• [By Logan Wallace]

  Schaper Benz & Wise Investment Counsel Inc. WI lifted its position in Enbridge (NYSE:ENB) (TSE:ENB) by 19.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 116,204 shares of the pipeline company’s stock after buying an additional 18,674 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Enbridge were worth $3,657,000 at the end of the most recent quarter.

• [By Ethan Ryder]

  QCI Asset Management Inc. NY lifted its stake in Enbridge (NYSE:ENB) (TSE:ENB) by 60.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 598,684 shares of the pipeline company’s stock after acquiring an additional 225,030 shares during the quarter. Enbridge makes up 2.0% of QCI Asset Management Inc. NY’s portfolio, making the stock its 11th biggest holding. QCI Asset Management Inc. NY’s holdings in Enbridge were worth $18,841,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Matthew DiLallo]

  This growth helped more than offset a loss in the company's "other" segment, which used to house its Midcoast gas gathering and processing business. Last year the MLP sold that entity back to its parent Enbridge (NYSE:ENB), and Enbridge unloaded it this week.

Top Energy Stocks To Buy Right Now: Halliburton Company(HAL)

Advisors' Opinion:

• [By Tyler Crowe]

  Even though Haliburton's (NYSE:HAL) bottom line got hit yet again by the continued turmoil in Venezuela, the company was able to churn out a respectable profit for the first quarter of 2018. The number that pops out is that it grew revenue a whopping 34%. That's quite an accomplishment for such a large business, but management still thinks it has a few more quarters of growth like this left in it.�

• [By ]

  Selected examples: (AAL) , (CL) , (DRI) , (HAL) , (LUV) , (MCD) , (MMM) , (SBUX) . Darden and 3M are holdings in Jim Cramer's Action Alerts PLUS.

  What Trade War?

  Notes Goldman: "Firms expressed optimism that trade conflict would be resolved. Commentary emphasized the support for a free trade environment. Company management did not expect the disputes would escalate and affect global economic growth."

• [By Garrett Baldwin]

  Earnings season is now in full swing, with today's key reports from�Alphabet Inc. (Nasdaq: GOOGL) and Halliburton Co.�(NYSE: HAL). Thanks to tax cuts, expectations are high. Analysts expect profit growth to top 18%, which would be the biggest jump in seven years. But there are a few bearish trends that are still lurking in the market. And if you're serious about making money, you need to know how to harness them and target individual stocks for life-changing gains.�Money Morning�Quantitative Specialist Chris Johnson explains.

• [By ]

  Energy sector earnings season starts rolling later this week, and as always, the party will kick off with the so-called big three oilfield services providers: Schlumberger Ltd. (SLB) , General Electric Co.'s (GE) Baker Hughes (BHGE) , and Halliburton Co. (HAL) . 

Top Energy Stocks To Buy Right Now: Ideal Power Inc.(IPWR)

Advisors' Opinion:

• [By Logan Wallace]

  Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

  Get Ideal Power alerts: Ideal Power (IPWR) Expected to Announce Quarterly Sales of $390,000.00 (americanbankingnews.com) -$0.15 EPS Expected for Ideal Power (IPWR) This Quarter (americanbankingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial�� Plus Inverters (investingnews.com) Ideal Power Receives 1.1 Megawatt Purchase Order for its SunDial�� Plus Inverters from NEXTracker for One of the Largest Solar-and-Storage Installations in Iowa (finance.yahoo.com)

  A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $1.50 price target for the company in a research note on Wednesday, January 10th. HC Wainwright reissued a “buy” rating and issued a $4.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Roth Capital reissued a “hold” rating and issued a $1.00 price target on shares of Ideal Power in a research note on Wednesday, March 7th. Finally, B. Riley cut shares of Ideal Power from a “buy” rating to a “neutral” rating and cut their price target for the stock from $5.00 to $2.50 in a research note on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Ideal Power currently has a consensus rating of “Hold” and a consensus price target of $3.00.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Ideal Power (IPWR)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Logan Wallace]

  Ideal Power (NASDAQ: IPWR) and Hollysys Automation Technologies (NASDAQ:HOLI) are both small-cap industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, analyst recommendations, profitability, risk and earnings.

Top Energy Stocks To Buy Right Now: Bonanza Creek Energy, Inc.(BCEI)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Bonanza Creek Energy (BCEI)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Bonanza Creek Energy (BCEI)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Shanthi Rexaline]

  Crude oil prices continue to remain bullish, brightening the prospects of oil and related companies. Bonanza Creek Energy Inc (NYSE: BCEI), an oil and natural gas exploration and production company that emerged from Chapter 11 in April 2017, could also benefit from an improved cost structure, according to Imperial Capital. 

Traders Sell Broadcom (AVGO) on Strength (AVGO)

Traders sold shares of Broadcom Inc (NASDAQ:AVGO) on strength during trading hours on Wednesday. $86.14 million flowed into the stock on the tick-up and $164.35 million flowed out of the stock on the tick-down, for a money net flow of $78.21 million out of the stock. Of all equities tracked, Broadcom had the 13th highest net out-flow for the day. Broadcom traded up $2.07 for the day and closed at $240.56

Several analysts have weighed in on AVGO shares. Zacks Investment Research raised Broadcom from a “hold” rating to a “buy” rating and set a $255.00 price target on the stock in a report on Tuesday, February 6th. B. Riley reissued a “buy” rating and set a $335.00 price objective (up from $330.00) on shares of Broadcom in a report on Thursday, February 1st. Canaccord Genuity raised their price objective on Broadcom from $100.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Vetr raised Broadcom from a “hold” rating to a “buy” rating and set a $269.37 price objective on the stock in a report on Thursday, January 25th. Finally, Credit Suisse Group reissued a “buy” rating on shares of Broadcom in a report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, thirty-two have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $308.96.

Get Broadcom alerts:

The stock has a market capitalization of $98.19 billion, a price-to-earnings ratio of 16.82, a P/E/G ratio of 1.14 and a beta of 0.95. The company has a debt-to-equity ratio of 0.60, a current ratio of 5.70 and a quick ratio of 5.04.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings data on Thursday, March 15th. The semiconductor manufacturer reported $5.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.41 by $0.71. The firm had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5.32 billion. Broadcom had a return on equity of 29.50% and a net margin of 41.37%. The business’s quarterly revenue was up 28.5% compared to the same quarter last year. During the same period last year, the company earned $3.63 EPS. equities analysts expect that Broadcom Inc will post 16.82 EPS for the current year.

Broadcom announced that its Board of Directors has authorized a share buyback program on Thursday, April 12th that allows the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to repurchase up to 12.2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

In other news, insider Kirsten M. Spears sold 199 shares of Broadcom stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $243.88, for a total value of $48,532.12. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Lake Group L.L.C. Silver acquired 344,761 shares of the business’s stock in a transaction dated Friday, April 13th. The stock was acquired at an average price of $247.94 per share, for a total transaction of $85,480,042.34. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 78,675 shares of company stock worth $20,078,429. Corporate insiders own 3.30% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its position in shares of Broadcom by 2.1% in the 4th quarter. BlackRock Inc. now owns 24,924,233 shares of the semiconductor manufacturer’s stock worth $6,403,033,000 after buying an additional 508,470 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Broadcom by 8.1% during the fourth quarter. Jennison Associates LLC now owns 5,583,858 shares of the semiconductor manufacturer’s stock valued at $1,434,493,000 after purchasing an additional 418,420 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Broadcom by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 4,141,614 shares of the semiconductor manufacturer’s stock valued at $1,061,670,000 after purchasing an additional 135,437 shares in the last quarter. Coatue Management LLC boosted its position in shares of Broadcom by 28.2% during the fourth quarter. Coatue Management LLC now owns 3,735,957 shares of the semiconductor manufacturer’s stock valued at $959,768,000 after purchasing an additional 821,739 shares in the last quarter. Finally, Viking Global Investors LP boosted its position in shares of Broadcom by 14.4% during the fourth quarter. Viking Global Investors LP now owns 2,466,836 shares of the semiconductor manufacturer’s stock valued at $633,730,000 after purchasing an additional 310,906 shares in the last quarter. Hedge funds and other institutional investors own 86.67% of the company’s stock.

About Broadcom

Broadcom Limited designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

Robeco Institutional Asset Management B.V. Buys 47,140 Shares of Anadarko Petroleum Co. (APC)

Robeco Institutional Asset Management B.V. increased its stake in shares of Anadarko Petroleum Co. (NYSE:APC) by 258.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,409 shares of the oil and gas development company’s stock after purchasing an additional 47,140 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Anadarko Petroleum were worth $3,952,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of APC. Schwab Charles Investment Management Inc. lifted its holdings in shares of Anadarko Petroleum by 1.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,173,067 shares of the oil and gas development company’s stock worth $116,564,000 after purchasing an additional 21,214 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of Anadarko Petroleum by 297.2% during the fourth quarter. State of Alaska Department of Revenue now owns 58,392 shares of the oil and gas development company’s stock worth $3,130,000 after purchasing an additional 43,692 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Anadarko Petroleum by 186.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,810 shares of the oil and gas development company’s stock worth $365,000 after purchasing an additional 4,434 shares during the period. Chevy Chase Trust Holdings Inc. lifted its holdings in shares of Anadarko Petroleum by 6.2% during the fourth quarter. Chevy Chase Trust Holdings Inc. now owns 682,161 shares of the oil and gas development company’s stock worth $36,591,000 after purchasing an additional 39,942 shares during the period. Finally, First Manhattan Co. lifted its holdings in shares of Anadarko Petroleum by 5.0% during the fourth quarter. First Manhattan Co. now owns 22,940 shares of the oil and gas development company’s stock worth $1,230,000 after purchasing an additional 1,093 shares during the period. 89.21% of the stock is owned by hedge funds and other institutional investors.

Get Anadarko Petroleum alerts:

Several equities research analysts recently weighed in on APC shares. Credit Suisse Group set a $71.00 price target on Anadarko Petroleum and gave the stock a “buy” rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. Stifel Nicolaus reiterated a “buy” rating and issued a $76.00 price objective (up previously from $73.00) on shares of Anadarko Petroleum in a research report on Wednesday, February 7th. Zacks Investment Research upgraded Anadarko Petroleum from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Wednesday, February 14th. Piper Jaffray Companies set a $72.00 price objective on Anadarko Petroleum and gave the stock a “buy” rating in a research report on Sunday, February 11th. Finally, Jefferies Group reiterated a “buy” rating and issued a $78.00 price objective on shares of Anadarko Petroleum in a research report on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the stock. Anadarko Petroleum currently has an average rating of “Buy” and an average target price of $67.60.

Shares of Anadarko Petroleum opened at $71.71 on Tuesday, MarketBeat.com reports. Anadarko Petroleum Co. has a fifty-two week low of $39.96 and a fifty-two week high of $72.15. The firm has a market capitalization of $36.35 billion, a PE ratio of -36.59, a PEG ratio of 2.78 and a beta of 1.26. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.17 and a quick ratio of 1.17.

Anadarko Petroleum (NYSE:APC) last announced its quarterly earnings results on Tuesday, May 1st. The oil and gas development company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.09. Anadarko Petroleum had a negative return on equity of 3.44% and a negative net margin of 0.15%. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter last year, the business posted ($0.60) earnings per share. The business’s revenue for the quarter was down 19.2% on a year-over-year basis. sell-side analysts anticipate that Anadarko Petroleum Co. will post 2.54 earnings per share for the current fiscal year.

Anadarko Petroleum declared that its Board of Directors has authorized a share repurchase plan on Wednesday, February 7th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the oil and gas development company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 27th. Stockholders of record on Wednesday, June 13th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Tuesday, June 12th. Anadarko Petroleum’s dividend payout ratio is currently -51.02%.

About Anadarko Petroleum

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

Want to see what other hedge funds are holding APC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anadarko Petroleum Co. (NYSE:APC).

Crude Oil Pipeline Capacity Out of the Permian Basin Is Vanishing

West Texas Intermediate (WTI) crude oil traded at a discount of $7 a barrel to Brent crude late Monday morning, but that reflects just one headwind faced by U.S. crude producers. In the Permian Basin, the discount may surpass $20 or more a barrel due to a lack of pipeline takeaway capacity to transport the oil to Houston or Corpus Christi, where it can be loaded on a tanker for export.

This is truly a good news-bad news kind of story. Permian Basin production has been rising by about 70,000 barrels a day in the past few months, which translates to an increase of some 800,000 barrels a day by the end of this year. With crude prices hovering around $71 a barrel, there is little incentive for Permian producers to stop because even if they have to ship crude by rail or truck �� and pay transportation costs of anywhere between $8 and $20 or more a barrel as opposed to $3 or $4 a barrel for pipeline transportation �� they can still make money. Just not as much.

Earlier this month we reported on a survey by the Federal Reserve Bank of Dallas that indicated that transportation out of the Permian Basin to the Gulf Coast could be constrained until the middle of next year.

In the meantime, producers are paying up to $8 a barrel to transport Permian crude by rail to the coast and $20 a barrel or more to transport crude by truck. Now the problem becomes one of sufficient rail and truck capacity to do the job.

Further complicating the transportation issue is what producers will do with the associated natural gas that is released by drilling for oil. Some is being transported to out of the Permian Basin to other pipelines or processing plants, but some is also being flared (burned off) because there is not enough natural gas pipeline capacity to transport the gas. Barring a permit from the Texas Railroad Commission, the body that regulates energy production in the state, drilling may have to be curtailed once the flaring limit is reached.

Producers and pipeline operators are getting creative, according to a report this morning�from RBN Energy:

Is there an idle refined-products pipe that could be put back into service? Could drag-reducing agents be added to an existing crude pipeline to boost its throughput? How quickly could that mothballed crude-by-rail terminal be restarted?

Drag-reducing agents are being injected into pipelines to increase the volume of oil that flows through the pipeline by reducing the turbulence within the pipe. This works but is hardly capable of dealing with the expected surge in production.

While these are short-term solutions and may get Permian producers through the current takeaway shortage, the medium-term to long-term solution is new pipelines. RBN Energy produced the following map showing both existing and planned expansion and new pipelines (dashed lines on the map) that will increase takeaway capacity by more than 1.6 million barrels a day by 2020. In the short term (12 months or so), an additional 160 barrels a day are coming online, well short of projected production growth, and most of that is taking oil to Cushing, Oklahoma, not the Gulf Coast.

Source: RBN Energy

Top Bank Stocks To Buy For 2019

tags:SLAB,VTVT,CNTY,APAM,SLP,OFC,

Bitcoin led the global cryptocurrency market back above $500 billion in market capitalization thanks to surprising news from The Goldman Sachs Group Inc. (NYSE: GS).

The banking giant plans to launch a Bitcoin trading desk, sponsoring different investment contracts that are tied to the price of Bitcoin. The bank hopes to eventually trade actual Bitcoin in the future.

The news has many bulls predicting that the crypto coin will easily return to its all-time high of around $20,000 before the end of 2018.

Here is a recap of the top five cryptocurrencies by market cap as of 2:00 p.m. EST.

Top Bank Stocks To Buy For 2019: Silicon Laboratories Inc.(SLAB)

Advisors' Opinion:

• [By Steve Symington]

  Silicon Laboratories�(NASDAQ:SLAB)�announced better-than-expected first-quarter 2018 results Wednesday morning. Revenue set another high mark this quarter on the strength of its Internet of Things (IoT) products and its burgeoning internet infrastructure business.�Silicon labs also recently closed on a key acquisition, and issued encouraging guidance.

• [By Stephan Byrd]

  Stephens Investment Management Group LLC purchased a new stake in Silicon Labs (NASDAQ:SLAB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 314,950 shares of the semiconductor company’s stock, valued at approximately $28,314,000. Stephens Investment Management Group LLC owned 0.73% of Silicon Labs at the end of the most recent reporting period.

Top Bank Stocks To Buy For 2019: vTv Therapeutics Inc.(VTVT)

Advisors' Opinion:

• [By Stephan Byrd]

  COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for vTv Therapeutics Decreased by Seaport Global Securities (VTVT)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3350631/q1-2018-eps-estimates-for-vtv-therapeutics-decreased-by-seaport-global-securities-vtvt.html.

• [By Money Morning News Team]

  This week's top-performing penny stock was vTv Therapeutics Inc. (Nasdaq: VTVT). After dropping 65% on news that a clinical trial of the company's Alzheimer's medication failed, vTv's stock soared over 174%, closing last week at $2.08.

• [By Lisa Levin]

  Check out these big penny stock gainers and losers

  Losers Aceto Corporation (NASDAQ: ACET) fell 41.9 percent to $4.30 in pre-market trading. ACETO board disclosed that it is taking proactive steps to address business and financial challenges. Canaccord Genuity downgraded Aceto from Buy to Sell. Helios and Matheson Analytics Inc. (NASDAQ: HMNY) fell 25.3 percent to $2.86 in pre-market trading after reporting an ATM offering of $150 million. Pier 1 Imports, Inc. (NYSE: PIR) fell 17.4 percent to $2.86 in pre-market trading after reporting a fourth quarter sales miss. Comps were down 7.5 percent in the quarter. Sleep Number Corporation (NASDAQ: SNBR) fell 12.4 percent to $32.00 in pre-market trading following a first quarter earnings miss. Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK) fell 10.2 percent to $11.90 in pre-market trading on news of $125 million convertible debt offering. Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) shares fell 8 percent to $8.02 in pre-market trading after dropping 2.02 percent on Wednesday. Exponent, Inc. (NASDAQ: EXPO) shares fell 5.6 percent to $80 in pre-market trading. Lumentum Holdings Inc. (NASDAQ: LITE) shares fell 4.8 percent to $60.00 in pre-market trading after rising 1.78 percent on Wednesday. vTv Therapeutics Inc. (NASDAQ: VTVT) fell 4.6 percent to $2.10 in pre-market trading after surging 84.87 percent on Wednesday. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) shares fell 4.5 percent to $40.07 in pre-market trading after the company reported Q1 results. Align Technology, Inc.. (NASDAQ: ALGN) fell 3.5 percent to $267.40 in pre-market trading after rising 1.61 percent on Wednesday. Transocean Ltd. (NYSE: RIG) shares fell 3.5 percent to $12 in pre-market trading after the company issued quarterly fleet status report. GoPro, Inc. (NASDAQ: GPRO) fell 3.2 percent to $4.90 in pre-market trading. Unilever PLC (NYSE: UL) fell 2.6 percent to $54.73 in pre-market

Top Bank Stocks To Buy For 2019: Century Casinos, Inc.(CNTY)

Advisors' Opinion:

• [By Joseph Griffin]

  ValuEngine upgraded shares of Century Casinos (NASDAQ:CNTY) from a hold rating to a buy rating in a report issued on Thursday.

  Several other research firms have also recently issued reports on CNTY. Zacks Investment Research raised shares of Century Casinos from a sell rating to a hold rating in a research note on Tuesday, January 30th. TheStreet cut shares of Century Casinos from a b rating to a c+ rating in a research note on Friday, April 6th. Finally, BidaskClub cut shares of Century Casinos from a hold rating to a sell rating in a research report on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $11.00.

• [By Max Byerly]

  Century Casinos (NASDAQ: CNTY) is one of 31 public companies in the “Hotels & motels” industry, but how does it compare to its competitors? We will compare Century Casinos to similar companies based on the strength of its analyst recommendations, institutional ownership, valuation, earnings, risk, profitability and dividends.

Top Bank Stocks To Buy For 2019: Artisan Partners Asset Management Inc.(APAM)

Advisors' Opinion:

• [By ]

  Artisan Partners Asset Management (NYSE: APAM)
  Another asset manager MLP that has piqued my interest, Artisan employs an organic, creativity-driven investment process managing money in the small-cap, mid-cap, value, and international equity spaces. All of the firm's investment management teams are afforded autonomy in pursuit of their particular investment discipline. At the end of 2017, assets under management (AUM) stood at $115.5 billion. At around $40.70 per unit, the stock is at the upper end of its 52-week range. However, on a forward P/E basis, APAM is still attractively priced with a forward P/E of 16.6, an 11% discount to the S&P 500. It also pays a 5.9% yield.

• [By Ethan Ryder]

  Synovus Financial Corp purchased a new stake in Artisan Partners Asset (NYSE:APAM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,188 shares of the asset manager’s stock, valued at approximately $3,508,000. Synovus Financial Corp owned 0.14% of Artisan Partners Asset at the end of the most recent reporting period.

Top Bank Stocks To Buy For 2019: Simulations Plus, Inc.(SLP)

Advisors' Opinion:

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Simulations Plus (SLP)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Stephan Byrd]

  Simulations Plus (NASDAQ:SLP) shares hit a new 52-week high and low during mid-day trading on Monday . The company traded as low as $18.55 and last traded at $18.35, with a volume of 49668 shares changing hands. The stock had previously closed at $18.20.

• [By Ethan Ryder]

  Simulations Plus (NASDAQ:SLP) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.

Top Bank Stocks To Buy For 2019: Corporate Office Properties Trust(OFC)

Advisors' Opinion:

• [By Logan Wallace]

  Media headlines about Corporate Office Properties Trust (NYSE:OFC) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Corporate Office Properties Trust earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 45.8310227240563 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.