Why Habit Restaurants Is One of Thursday’s Big Earnings Winners

When Habit Restaurants Inc. (NASDAQ: HABT) released its second-quarter financial results after the markets closed on Wednesday, the restaurant chain said it had $0.08 in earnings per share (EPS) and $102.9 million in revenue. Consensus estimates had called for EPS of $0.03 on $99.7 million in revenue. The same period of last year reportedly had $0.06 in EPS and revenue of $83.3 million.

During the quarter, company-operated comparable restaurant sales increased 1.2% from last year. The gain in company-operated comparable restaurant sales was driven primarily by a 4.5% increase in average transaction amount, partially offset by a 3.3% decrease in the number of transactions.

Looking ahead to the 2018 full year, the company expects to see total revenues in the range of $393 million to $396 million, with comparable restaurant sales growth of 0.5% to 1.0%. The consensus estimates are $0.02 in EPS and $392.61 million in revenue for the year.

Russ Bendel, president and CEO, commented:

We are pleased with our second quarter results, which included a return to positive same store sales growth. We believe our results reflect progress on our key initiatives laid out earlier this year around convenience, quality and innovation. During the quarter, we opened seven new company-operated Habit Burger Grills of which three were drive-thrus. Our franchisee partners also opened two new restaurants, one in Seattle and a second location in China. This keeps us on track to open approximately 30 new company-operated locations in 2018, including approximately 15 drive-thrus, and seven to nine franchise locations.

Shares of Habit Restaurants were last seen up about 21% at $15.03, with a consensus analyst price target of $12.00 and a 52-week trading range of $8.10 to $15.70.

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Why Energy MLPs May Be the Buy of the Decade Now

Docademic Price Down 2% Over Last Week (MTC)

Docademic (CURRENCY:MTC) traded 3.8% lower against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on July 22nd. One Docademic token can now be bought for $0.18 or 0.00002357 BTC on popular cryptocurrency exchanges including Stocks.Exchange, HitBTC, Sistemkoin and IDEX. Docademic has a market capitalization of $37.90 million and approximately $248,507.00 worth of Docademic was traded on exchanges in the last 24 hours. During the last seven days, Docademic has traded down 2% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

Get Docademic alerts: XRP (XRP) traded up 0.7% against the dollar and now trades at $0.46 or 0.00006112 BTC. Stellar (XLM) traded up 1.8% against the dollar and now trades at $0.30 or 0.00003936 BTC. IOTA (MIOTA) traded down 0.6% against the dollar and now trades at $1.00 or 0.00013400 BTC. Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00013318 BTC. TRON (TRX) traded up 0.7% against the dollar and now trades at $0.0361 or 0.00000481 BTC. NEO (NEO) traded down 0% against the dollar and now trades at $34.44 or 0.00459334 BTC. Binance Coin (BNB) traded up 0.7% against the dollar and now trades at $12.21 or 0.00162851 BTC. VeChain (VET) traded up 0.3% against the dollar and now trades at $1.80 or 0.00023982 BTC. 0x (ZRX) traded down 0% against the dollar and now trades at $1.18 or 0.00015710 BTC. Zilliqa (ZIL) traded up 1.1% against the dollar and now trades at $0.0743 or 0.00000992 BTC.

Docademic Profile

Docademic launched on January 15th, 2018. Docademic’s total supply is 850,000,000 tokens and its circulating supply is 214,300,790 tokens. The official website for Docademic is docademic.com. The Reddit community for Docademic is /r/Docademic and the currency’s Github account can be viewed here. Docademic’s official Twitter account is @docademic.

Buying and Selling Docademic

Docademic can be purchased on these cryptocurrency exchanges: Stocks.Exchange, Sistemkoin, HitBTC and IDEX. It is usually not currently possible to purchase alternative cryptocurrencies such as Docademic directly using US dollars. Investors seeking to acquire Docademic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Docademic using one of the aforementioned exchanges.

Five Star Senior Living (FVE) Receives News Impact Rating of 0.13

Media stories about Five Star Senior Living (NASDAQ:FVE) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Five Star Senior Living earned a news impact score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1067832466457 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Five Star Senior Living traded down $0.10, reaching $1.30, during midday trading on Thursday, according to MarketBeat Ratings. The company had a trading volume of 54,100 shares, compared to its average volume of 39,732. Five Star Senior Living has a one year low of $1.05 and a one year high of $1.80. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.06. The firm has a market cap of $68.22 million, a PE ratio of -2.45 and a beta of 0.92.

Get Five Star Senior Living alerts:

Five Star Senior Living (NASDAQ:FVE) last released its earnings results on Tuesday, May 15th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.15). Five Star Senior Living had a negative net margin of 1.59% and a negative return on equity of 22.91%. The company had revenue of $345.52 million during the quarter. During the same period in the previous year, the business posted ($0.14) earnings per share. equities research analysts forecast that Five Star Senior Living will post -0.5 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $3.00 price target on shares of Five Star Senior Living in a research note on Wednesday, May 16th. ValuEngine raised Five Star Senior Living from a “sell” rating to a “hold” rating in a research note on Friday, June 1st. Finally, Zacks Investment Research raised Five Star Senior Living from a “sell” rating to a “hold” rating in a research note on Tuesday, May 22nd.

Five Star Senior Living Company Profile

Five Star Senior Living Inc operates and manages senior living communities in the United States. It operates through Senior Living Communities, and Rehabilitation and Wellness segments. Its senior living communities comprise independent living communities, assisted living communities, and skilled nursing facilities (SNFs).

See Also: What is the Book Value of a Share?

Crown Castle International Corp. Delivers 35% Higher Revenue

Cell-tower manager and operator Crown Castle International (NYSE:CCI) reported second-quarter results after Wednesday's closing bell. The company exceeded its own guidance in all of its core financial metrics, albeit not always by much of a margin.

Crown Castle's second-quarter results: The raw numbers

Metric

Q2 2018

Q2 2017

Year-Over-Year Change

Site rental revenues	$1.169 billion	$869 million	35%
Net income	$180 million	$112 million	61%
Adjusted funds from operations (AFFO)	$546 million	$440 million	24%
AFFO per share (diluted)	$1.31	$1.20	9.2%
GAAP earnings per share (diluted)	$0.43	$0.31	41%

Data source: Crown Castle.

What happened with Crown Castle this quarter?

Three months ago, Crown Castle's second-quarter guidance called for AFFO in the neighborhood of $544 million on roughly $1.16 billion in site rental revenues. The company exceeded both of these targets by a hair.

The company noted that some network service deals that had been expected to generate AFFO profits in the second quarter were pushed to the second half of the year. Crown Castle exceeded its guidance goals without these delayed contributions.

The bulk of Crown Castle's revenue growth in the second quarter stemmed from acquisitions of more towers and small cell sites. New or renewed lease agreements for Crown Castle's active sites, and escalator clauses in existing contracts, accounted for 5.6% of organic year-over-year revenue growth.

Image source: Getty Images.

What management had to say

In a prepared statement, Crown Castle CEO Jay Brown reminded investors why his company is focusing on domestic business opportunities rather than chasing international growth.

"Based on our experience, we believe that the U.S. represents the best market in the world for communications infrastructure ownership and we have a differentiated strategy to pursue that compelling opportunity," Brown said. "With the positive momentum we continue to see in our towers and fiber segments, we remain dedicated to investing in our business to generate future growth while delivering near-term dividend per share growth of 7% to 8% per year."

Looking ahead

Based on the second-quarter report and current market trends, Crown Castle tweaked some of its full-year guidance targets slightly upward.

Site rental revenues for the full fiscal year are now seen approaching $4.69 billion, up from $4.66 billion in the first quarter's guidance discussion. Full-year earnings should land near $633 million, up from $629 million in the previous report. Crown Castle's AFFO ambitions held steady at $2.28 billion.

To achieve these full-year goals, Crown Castle believes it can collect approximately $1.18 billion in third-quarter site rental revenues. Net income should stop at $139 million and AFFO is targeted at $573 million at the midpoint of management's guidance range. Hitting these targets would work out to 32% year-over-year revenue growth, 21% higher net income, and a 25% boost to AFFO. Given Crown Castle's rising share count, AFFO per share should increase by a milder 19%.

Top Dividend Stocks To Buy For 2019

tags:PNW,UPS,TEF,NDSN,

Middleby (NASDAQ: MIDD) and Tennant (NYSE:TNC) are both industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation and risk.

Dividends

Get Middleby alerts:

Tennant pays an annual dividend of $0.84 per share and has a dividend yield of 1.1%. Middleby does not pay a dividend. Tennant pays out 54.5% of its earnings in the form of a dividend. Tennant has increased its dividend for 46 consecutive years.

Volatility & Risk

Middleby has a beta of 1.81, meaning that its share price is 81% more volatile than the S&P 500. Comparatively, Tennant has a beta of 0.85, meaning that its share price is 15% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Middleby and Tennant, as provided by MarketBeat.com.

Top Dividend Stocks To Buy For 2019: Pinnacle West Capital Corporation(PNW)

Advisors' Opinion:

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Pinnacle West Capital (PNW)

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

• [By Joseph Griffin]

  M&T Bank Corp raised its position in Pinnacle West Capital Co. (NYSE:PNW) by 15.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,775 shares of the utilities provider’s stock after purchasing an additional 1,196 shares during the period. M&T Bank Corp’s holdings in Pinnacle West Capital were worth $700,000 at the end of the most recent reporting period.

• [By Shane Hupp]

  Profund Advisors LLC lowered its stake in Pinnacle West Capital Co. (NYSE:PNW) by 26.6% during the first quarter, Holdings Channel reports. The fund owned 7,249 shares of the utilities provider’s stock after selling 2,622 shares during the period. Profund Advisors LLC’s holdings in Pinnacle West Capital were worth $578,000 as of its most recent SEC filing.

• [By Joseph Griffin]

  Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,514,179 shares of the utilities provider’s stock after buying an additional 692,367 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 2.25% of Pinnacle West Capital worth $200,631,000 at the end of the most recent quarter.

• [By Logan Wallace]

  Bank of America upgraded shares of Pinnacle West Capital (NYSE:PNW) from an underperform rating to a neutral rating in a research note issued to investors on Friday morning, Marketbeat.com reports. Bank of America currently has $81.00 target price on the utilities provider’s stock. The analysts noted that the move was a valuation call.

Top Dividend Stocks To Buy For 2019: United Parcel Service Inc.(UPS)

Advisors' Opinion:

• [By Joseph Griffin]

  Bank of Hawaii trimmed its holdings in shares of United Parcel Service (NYSE:UPS) by 55.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,861 shares of the transportation company’s stock after selling 3,607 shares during the quarter. Bank of Hawaii’s holdings in United Parcel Service were worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

• [By Logan Wallace]

  Laurel Wealth Advisors Inc. lowered its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 20,335 shares of the transportation company’s stock after selling 1,498 shares during the quarter. Laurel Wealth Advisors Inc.’s holdings in United Parcel Service were worth $2,128,000 as of its most recent SEC filing.

• [By ]

  At the beginning of May, after taking a look at the bizarre circumstances surrounding United Parcel Service's (NYSE: UPS) most recent earnings "beat," I warned that the stock was set to drop. Despite numerous positive headlines praising the company's Q1 "win," the company was suffering from declining profits and operating margins that had been deteriorating for three consecutive quarters.

• [By Adam Levy]

  For the last few years, Amazon (NASDAQ:AMZN) has experimented with various solutions to deliver packages the "last mile" from its fulfillment centers to customers' homes. It's long relied on partners like UPS (NYSE:UPS), FedEx (NYSE:FDX), and the United States Postal Service to help in the ever-increasing number of packages it's tasked with fulfilling.

• [By Shane Hupp]

  Court Place Advisors LLC grew its stake in shares of United Parcel Service (NYSE:UPS) by 49.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,910 shares of the transportation company’s stock after buying an additional 2,287 shares during the period. Court Place Advisors LLC’s holdings in United Parcel Service were worth $723,000 at the end of the most recent reporting period.

• [By Lisa Levin]

  Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  Before the markets open, Bristol-Myers Squibb Company (NYSE: BMY) is projected to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. Bristol-Myers shares rose 0.95 percent to $52.25 in after-hours trading. AT&T Inc. (NYSE: T) reported weaker-than-expected earnings

Top Dividend Stocks To Buy For 2019: Telefonica SA(TEF)

Advisors' Opinion:

• [By Logan Wallace]

  Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

  Get Stellar Biotechnologies alerts: 200 days simple moving average (SMA200) to Watch Flotek Industries, Inc. (NYSE:FTK), Stellar Biotechnologies, Inc … (stocksnewspoint.com) Morning Stocks You Can’t Afford to Pass Up:: Freeport-McMoRan Inc. (NYSE:FCX), Stellar Biotechnologies, Inc … (journalfinance.net) Should Investors Adjust Their Holdings in Stellar Biotechnologies, Inc. (NasdaqCM:SBOT)? Target Weight Stands at … (bedfordnewsjournal.com) Bright Stocks in Review: Bank of America Corporation (NYSE:BAC), Stellar Biotechnologies, Inc. (NASDAQ:SBOT … (journalfinance.net) Notable News Review: Telefonica, SA, (NYSE: TEF), Stellar Biotechnologies, Inc., (NASDAQ: SBOT) (globalexportlines.com)

  Separately, ValuEngine upgraded shares of Stellar Biotechnologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 8th.

• [By Ethan Ryder]

  Telefonica (BME:TEF) has been assigned a €10.70 ($12.44) target price by Deutsche Bank in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 30.49% from the company’s previous close.

• [By Joseph Griffin]

  Telefonica (NYSE: TEF) and Koninklijke KPN (OTCMKTS:KKPNY) are both large-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, valuation, risk and analyst recommendations.

• [By Max Byerly]

  BME:TEF traded up €0.15 ($0.19) during midday trading on Friday, reaching €8.20 ($10.12). 33,480,000 shares of the stock traded hands, compared to its average volume of 23,390,000. Telef?nica has a 12 month low of €7.45 ($9.20) and a 12 month high of €10.63 ($13.12).

  ILLEGAL ACTIVITY NOTICE: “Telef?nica (TEF) Receives €9.69 Consensus PT from Brokerages” was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3380340/telef%ef%bf%bdnica-tef-receives-9-69-consensus-pt-from-brokerages.html.

  About Telef?nica

Top Dividend Stocks To Buy For 2019: Nordson Corporation(NDSN)

Advisors' Opinion:

• [By Steve Symington]

  Nordson Corporation�(NASDAQ:NDSN)�announced solid fiscal second-quarter 2018 results on Monday after the market closed, including an expected decline in organic volume that was more than offset by acquisitive growth.

• [By Garrett Baldwin]

  Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now, it's time to get even.�Money Morning�Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking.�Read it here.

  The Top Stock Market Stories for Monday Markets are cheering news that the supposed trade war between the United States and China is "on hold," according to U.S. Treasury Secretary Steven Mnuchin. Mnuchin and U.S. President Donald Trump's top economic advisor, Larry Kudlow, announced that both nations have reached an agreement, one that established a framework to help address ongoing trade imbalances between the two countries. The prices of crude oil is in focus after Venezuelan President Nicolas Maduro won reelection over the weekend. The election featured a very low turnout and a very large outcry that the vote was rigged. Maduro has a 75% disapproval rating and has been the face of the OPEC member's widespread mismanagement and economic collapse. Prior to the election, a member of the Trump administration said that the United States would not recognize the authenticity of the election. The United States is considering additional sanctions on Venezuela. Today is a major day for mergers and acquisition activity. Today, Blackstone Group LP�(NYSE: BX) announced plans to purchase U.S. hotel operator LaSalle Hotel Properties (NYSE: LHO) for a whopping $3.7 billion. The deal comes at a time that the travel industry is experiencing one of the best periods in a decade. If you're looking for a way to make money ahead of Memorial Day weekend, we show you how here. Four Stocks to Watch Today: GOOGL, GE, MBFI, FITB Alphabet Inc. (Nasdaq: GOOGL) is under pressure this morning after a harsh piece aired last night on "60 Minutes." The segment discussed the organization's power and influence. It also featured inter
• [By Motley Fool Staff]

  Nordson (NASDAQ:NDSN) Q2 2018 Earnings Conference CallMay. 22, 2018 8:30 a.m. ET

  Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

  Operator

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Nordson (NDSN)

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

• [By Ethan Ryder]

  Victory Capital Management Inc. grew its stake in shares of Nordson Co. (NASDAQ:NDSN) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,868 shares of the industrial products company’s stock after purchasing an additional 1,612 shares during the period. Victory Capital Management Inc.’s holdings in Nordson were worth $2,300,000 as of its most recent SEC filing.

NN Investment Partners Holdings N.V. Reduces Position in Cheniere Energy, Inc. (LNG)

NN Investment Partners Holdings N.V. lowered its stake in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 36.0% during the 2nd quarter, Holdings Channel reports. The firm owned 64,399 shares of the energy company’s stock after selling 36,206 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Cheniere Energy were worth $4,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. PointState Capital LP raised its position in Cheniere Energy by 24.9% in the first quarter. PointState Capital LP now owns 6,846,793 shares of the energy company’s stock worth $365,961,000 after acquiring an additional 1,365,475 shares during the period. The Manufacturers Life Insurance Company raised its position in Cheniere Energy by 24.2% in the first quarter. The Manufacturers Life Insurance Company now owns 4,285,493 shares of the energy company’s stock worth $229,060,000 after acquiring an additional 833,761 shares during the period. Millennium Management LLC raised its position in Cheniere Energy by 137.8% in the first quarter. Millennium Management LLC now owns 1,976,978 shares of the energy company’s stock worth $105,669,000 after acquiring an additional 1,145,445 shares during the period. Brookfield Asset Management Inc. raised its position in Cheniere Energy by 75.5% in the first quarter. Brookfield Asset Management Inc. now owns 947,800 shares of the energy company’s stock worth $50,660,000 after acquiring an additional 407,700 shares during the period. Finally, Summit Trail Advisors LLC raised its position in Cheniere Energy by 97,824.4% in the first quarter. Summit Trail Advisors LLC now owns 787,312 shares of the energy company’s stock worth $787,000 after acquiring an additional 786,508 shares during the period.

Get Cheniere Energy alerts:

LNG has been the topic of several recent research reports. Sanford C. Bernstein upgraded shares of Cheniere Energy from a “market perform” rating to an “outperform” rating and set a $63.00 price target on the stock in a research report on Monday, March 26th. Citigroup decreased their price target on shares of Cheniere Energy from $67.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, March 27th. Stifel Nicolaus increased their price target on shares of Cheniere Energy from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Monday, May 7th. Morgan Stanley increased their price target on shares of Cheniere Energy from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, May 7th. Finally, Bank of America increased their price target on shares of Cheniere Energy from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Tuesday, May 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. Cheniere Energy presently has a consensus rating of “Buy” and a consensus target price of $66.64.

In other news, Director Nuno Brandolini sold 20,000 shares of the firm’s stock in a transaction on Friday, June 29th. The shares were sold at an average price of $65.00, for a total transaction of $1,300,000.00. Following the sale, the director now directly owns 224,204 shares in the company, valued at approximately $14,573,260. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Heather Zichal sold 3,406 shares of the firm’s stock in a transaction on Friday, June 22nd. The shares were sold at an average price of $68.72, for a total transaction of $234,060.32. Following the sale, the director now owns 9,958 shares in the company, valued at $684,313.76. The disclosure for this sale can be found here. Insiders have sold a total of 9,023,406 shares of company stock worth $585,904,060 over the last 90 days.

Cheniere Energy opened at $61.30 on Wednesday, according to MarketBeat Ratings. Cheniere Energy, Inc. has a 1-year low of $40.36 and a 1-year high of $69.50.

Cheniere Energy (NYSEAMERICAN:LNG) last released its quarterly earnings results on Thursday, May 3rd. The energy company reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $1.11. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $1.78 billion. The firm’s revenue was up 85.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.23 earnings per share.

About Cheniere Energy

Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company operates in two segments, LNG Terminal Business, and LNG and Natural Gas Marketing. It owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas.

Featured Article: Understanding Relative Strength Index

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSEAMERICAN:LNG).

Netflix pares losses after dropping on subscriber growth

Netflix is paring some losses Tuesday, down just 5 percent by 12:15 EDT, after initially falling as much as 14 percent on a big miss on subscriber growth.

The stock was earlier on pace for its worst day in two years, tracking for the name's biggest single-day drop since July 19, 2016, when it fell 13 percent after a similar earnings report of weaker-than-expected subscriber growth.

The shares recovered above $379 in midday trading. The stock closed Monday at $400.48.

Netflix has a history of big rebounds, and much of Wall Street is expecting a recovery. But the initial drop is a notable stumble for one of the best-performing stocks of the year.

As of midday Tuesday, Netflix is up nearly 100 percent in 2018 and more than 130 percent in a 12-month period.

show chapters Netflix shares are up 2,400 percent and the rest of the media industry is struggling — here's why    2:30 PM ET Wed, 13 June 2018 | 02:30

Top 10 Oil Stocks To Own Right Now

tags:COP,HAL,ECA,APA,MMP,RRC,RIG,MRO,WLL,WPZ,

Pacific Coast Oil Trust (NYSE:ROYT) has earned an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Analysts have set a 1 year consensus target price of $2.00 for the company and are forecasting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Pacific Coast Oil Trust an industry rank of 106 out of 255 based on the ratings given to related companies.

Get Pacific Coast Oil Trust alerts:

Separately, Zacks Investment Research raised Pacific Coast Oil Trust from a “sell” rating to a “hold” rating in a research report on Thursday, March 29th.

Top 10 Oil Stocks To Own Right Now: ConocoPhillips(COP)

Advisors' Opinion:

• [By Shane Hupp]

  Caisse DE Depot ET Placement DU Quebec raised its position in ConocoPhillips (NYSE:COP) by 285.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 652,900 shares of the energy producer’s stock after purchasing an additional 483,700 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned 0.06% of ConocoPhillips worth $38,710,000 as of its most recent SEC filing.

• [By Matthew DiLallo]

  Oil prices have been on fire over the past year and recently topped $70 a barrel, which is the highest crude has been since late 2014. That rally in the oil market has helped fuel big-time gains in many oil stocks. Three that stand out are Anadarko Petroleum (NYSE:APC), Hess (NYSE:HES), and ConocoPhillips (NYSE:COP) because each has risen more than 20% this year. They might still have additional upside from here given that all three plan on spending billions of dollars to buy back more of their stock.

• [By Chris Lange]

  The number of ConocoPhillips (NYSE: COP) shares short rose to 24.44 million from the previous level of 23.91 million. Shares were trading at $64.80, within a 52-week range of $42.27 to $67.30.

• [By Matthew DiLallo]

  As things stand right now, analysts anticipate that at least some Iranian oil will come off the market as a result of the sanctions. That lost output would further tighten an oil market that suddenly has little margin for error thanks to red-hot demand and tame supply growth. That's the recipe for higher oil prices and could make top-tier U.S. oil stocks Anadarko Petroleum (NYSE:APC), Devon Energy (NYSE:DVN), and ConocoPhillips (NYSE:COP) big winners in the coming years.

• [By Reuben Gregg Brewer]

  Oil driller ConocoPhillips (NYSE:COP) is benefiting from rising oil prices and rewarding investors with dividend hikes. However, the company's drilling-focused business hasn't been able to sustain a high dividend in the past, cutting the payment in 2016 amid low oil prices. This suggests that dividend investors will end up disappointed if highly volatile oil prices fall again. Here are two stocks with higher yields today and strong histories of rewarding investors through good times and bad: ExxonMobil Corporation (NYSE:XOM) and The Procter & Gamble Company (NYSE:PG).�

Top 10 Oil Stocks To Own Right Now: Halliburton Company(HAL)

Advisors' Opinion:

• [By Lisa Levin] Companies Reporting Before The Bell Kimberly-Clark Corporation (NYSE: KMB) is expected to report quarterly earnings at $1.71 per share on revenue of $4.60 billion. Halliburton Company (NYSE: HAL) is projected to report quarterly earnings at $0.42 per share on revenue of $5.75 billion. Lennox International Inc. (NYSE: LII) is estimated to report quarterly earnings at $1.09 per share on revenue of $815.16 million. Alaska Air Group, Inc. (NYSE: ALK) is projected to report quarterly loss at $0.12 per share on revenue of $1.82 billion. Hasbro, Inc. (NASDAQ: HAS) is expected to report quarterly earnings at $0.35 per share on revenue of $822.15 million. Lincoln Electric Holdings, Inc. (NASDAQ: LECO) is projected to report quarterly earnings at $1.08 per share on revenue of $729.83 million. Tennant Company (NYSE: TNC) is estimated to report quarterly earnings at $0.15 per share on revenue of $251.93 million. FirstEnergy Corp. (NYSE: FE) is projected to report quarterly earnings at $0.67 per share on revenue of $3.43 billion. Koninklijke Philips NV (ADR) (NYSE: PHG) is estimated to report earnings for its first quarter. Bank of Hawaii Corporation (NYSE: BOH) is expected to report quarterly earnings at $1.23 per share on revenue of $162.39 million. Avangrid, Inc. (NYSE: AGR) is projected to report quarterly earnings at $0.79 per share on revenue of $1.72 billion.

   

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Halliburton (HAL)

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

• [By Taylor Muckerman]

  In this week's episode of Industry Focus: Energy, host Sarah Priestley and analyst Taylor Muckerman go through a grab bag of questions from listeners. They explain the issues surrounding Permian Basin production, why investors might want to check out midstream company Enterprise Products Partners�(NYSE:EPD), a few important things to know about oil services companies Halliburton�(NYSE:HAL) and Schlumberger�(NYSE:SLB), and what might become of the beleaguered offshore industry.

• [By WWW.GURUFOCUS.COM]

  For the details of Packer & Co Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Packer+%26+Co+Ltd

  These are the top 5 holdings of Packer & Co LtdBall Corp (BLL) - 625,005 shares, 7.52% of the total portfolio. Hess Corp (HES) - 2,039,400 shares, 6.78% of the total portfolio. Anadarko Petroleum Corp (APC) - 1,432,600 shares, 6.35% of the total portfolio. Shares added by 14.37%Citigroup Inc (C) - 604,500 shares, 6.34% of the total portfolio. Shares reduced by 11.04%General Electric Co (GE) - 1,118,800 shares, 5.98% o
• [By ]

  KBR (NYSE: KBR)
  Though an under-the-radar name, KBR was the construction arm of oilfield services giant Halliburton (NYSE: HAL) before being spun off. With a consolidated market cap of $2.6 billion, KBR describes itself, per its website, as a "global provider of differentiated professional services and technologies�� within the Government Services and Hydrocarbon sectors."

• [By ]

  Markets have been mixed on Monday as the 10-year Treasury yield closes in on 3%. Earnings reports today included from Halliburton (HAL) , Hasbro (HAS) and Kimberly-Clark (KMB) . Action Alerts PLUS holding Alphabet (GOOGL)  is among the companies reporting after the close. 

Top 10 Oil Stocks To Own Right Now: Encana Corporation(ECA)

Advisors' Opinion:

• [By Shane Hupp]

  Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

• [By Max Byerly]

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

  Get Encana alerts: Encana Corp (ECA) Rising Higher 7.95% Over the Past Four Weeks (fisherbusinessnews.com) Encana Corporation (ECA) Most Active Stock Price trades 19.10% off from 200- SMA (nasdaqchronicle.com) Mid-Day Movers ��: Encana Corporation (NYSE:ECA), CSX Corporation (NASDAQ:CSX), MGIC Investment Corporation … (journalfinance.net) Featured Stock: Encana Corporation (ECA) (stockquote.review) Active Stock Evaluation �� Encana Corporation (NYSE: ECA) (financerater.com)

  ECA has been the subject of a number of research analyst reports. Morgan Stanley raised shares of Encana from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $15.00 to $18.00 in a report on Wednesday, January 24th. Evercore ISI raised shares of Encana from an “in-line” rating to an “outperform” rating and upped their price target for the company from $10.84 to $16.00 in a report on Wednesday, March 7th. Zacks Investment Research downgraded shares of Encana from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Scotiabank raised shares of Encana from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $13.00 to $14.00 in a report on Friday, February 16th. Finally, Goldman Sachs cut their price target on shares of Encana from $17.25 to $14.00 and set a “buy” rating for the company in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, two have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.28.

• [By ]

  Already, shale companies such as Encana (ECA) , Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD) , among others, are reporting higher cash flows and earnings on higher oil prices. As a result, they are paying down debt, increasing dividends and engaging in buybacks. This is a dramatic improvement in shareholder yield for the group.

Top 10 Oil Stocks To Own Right Now: Apache Corporation(APA)

Advisors' Opinion:

• [By Logan Wallace]

  Teacher Retirement System of Texas decreased its stake in Apache Co. (NYSE:APA) by 17.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,391 shares of the energy company’s stock after selling 17,824 shares during the period. Teacher Retirement System of Texas’ holdings in Apache were worth $3,247,000 as of its most recent SEC filing.

• [By Chris Lange]

  The S&P 500 stock posting the largest daily percentage loss ahead of the close was Apache Corp. (NYSE: APA) which traded down about 4% at $42.73. The stock��s 52-week range is $33.60 to $51.21. Volume was over 6 million compared to the daily average volume of 4.5 million.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Apache (APA)

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

• [By John Bromels]

  Three companies that the market has walloped are�Apache Corporation�(NYSE:APA),�Magellan Midstream Partners�(NYSE:MMP), and�General Motors�(NYSE:GM). Here's why these stocks look like bargains, and why today might be a good time to scoop up some shares.�

Top 10 Oil Stocks To Own Right Now: Magellan Midstream Partners L.P.(MMP)

Advisors' Opinion:

• [By Reuben Gregg Brewer, Travis Hoium, and Chuck Saletta]

  Often a high yield is an indication of a stock that's facing some sort of trouble -- but not always. If you take the time, you can find high-yield stocks worth buying if you look in the right places. For example, decidedly low-tech�Lamar Advertising Company (NASDAQ:LAMR), beaten-up midstream player�Magellan Midstream Partners, LP�(NYSE:MMP), and renewable power-focused TerraForm Power, Inc. (NASDAQ:TERP) come from vastly different industries. However, each of these high-yield stocks has a solid business and good growth prospects.

• [By ]

  Hetty Green Would Love This Trade
  It's in Magellan Midstream Partners, L.P. (NYSE: MMP).

  Magellan Midstream Partners owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity and the ability to store more than 100 million barrels of petroleum products such as gasoline, diesel fuel and crude oil.

• [By Reuben Gregg Brewer]

  The midstream partnership sector is deeply out of favor today, despite the fact that these companies provide vital services moving and processing oil and natural gas. For conservative investors, Enterprise Products Partners L.P. (NYSE:EPD) and Magellan Midstream Partners, L.P. (NYSE:MMP) are two high-yield stocks that appear to be on sale today, still off roughly 30% and 20% from their 2014 highs, respectively. Here's what you need to know to decide if Enterprise or Magellan is the better buy for you.

Top 10 Oil Stocks To Own Right Now: Range Resources Corporation(RRC)

Advisors' Opinion:

• [By Paul Ausick]

  Range Resources Corp. (NYSE: RRC) fell about 4.4% Tuesday to post a new 52-week low of $14.43 after closing at $15.09 on Monday. The 52-week high is $34.93. Volume of about 15 million was nearly double the daily average of around 7.7 million shares traded. The company had no specific news.

• [By Shane Hupp]

  Toronto Dominion Bank increased its holdings in Range Resources Corp. (NYSE:RRC) by 25.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,421 shares of the oil and gas exploration company’s stock after purchasing an additional 24,839 shares during the period. Toronto Dominion Bank’s holdings in Range Resources were worth $1,794,000 as of its most recent SEC filing.

• [By Ethan Ryder]

  OppenheimerFunds Inc. lowered its holdings in Range Resources Corp. (NYSE:RRC) by 68.2% in the first quarter, HoldingsChannel.com reports. The fund owned 30,532 shares of the oil and gas exploration company’s stock after selling 65,576 shares during the quarter. OppenheimerFunds Inc.’s holdings in Range Resources were worth $444,000 at the end of the most recent reporting period.

• [By Paul Ausick]

  Range Resources Corp. (NYSE: RRC) fell about 3.6% Monday to post a new 52-week low of $14.77 after closing at $15.30 on Friday. The 52-week high is $35.64. Volume of about 9.4 million was about 20% higher than the daily average of around 7.7 million shares traded. The company had no specific news.

• [By Chris Lange]

  The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Range Resources Corp. (NYSE: RRC) which rose about 6% to $16.05. The stock��s 52-week range is $11.93 to $25.96. Volume was 8.6 million compared to the daily average volume of 7.4 million.

Top 10 Oil Stocks To Own Right Now: Transocean Inc.(RIG)

Advisors' Opinion:

• [By John Bromels]

  Unless it's not. Which it may not be. There's a big cloud of uncertainty hanging over the company, in part thanks to its status as a very small fish in a very big deepwater ocean that's full of huge, hungry competitors like�Transocean�(NYSE:RIG) and�Ensco�(NYSE:ESV). Questions also abound about its parent company,�Seadrill�(NYSE:SDRL).

• [By Tyler Crowe, Matthew DiLallo, and Reuben Gregg Brewer]

  While we aren't prognosticators on crude oil prices, there does appear to be a lot�of value in the energy sector at this price level. So we asked three Motley Fool investors to highlight a stock in the sector they like this month. Here's why they picked Enterprise Products Partners (NYSE:EPD), Enbridge (NYSE:ENB), and Transocean (NYSE:RIG).�

• [By Max Byerly]

  ValuEngine upgraded shares of Transocean (NYSE:RIG) from a hold rating to a buy rating in a research note released on Wednesday morning.

  Several other research firms have also recently issued reports on RIG. Bank of America increased their price objective on Transocean from $12.00 to $13.00 and gave the stock a neutral rating in a research report on Wednesday, April 18th. Citigroup increased their price objective on Transocean from $15.00 to $16.00 and gave the stock a buy rating in a research report on Monday, April 30th. Susquehanna Bancshares set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Friday, January 12th. Cowen set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Thursday, January 11th. Finally, Piper Jaffray set a $11.00 price objective on Transocean and gave the stock a hold rating in a research report on Wednesday, January 10th. Eight investment analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $11.79.

• [By Spencer Israel]

  Oil companies were popular sells for the month, including ConocoPhillips (NYSE: COP), BP p.l.c. (NYSE: BP), and Transocean Ltd. (NYSE: RIG) all net sold. Investors also net sold Alcoa Corp. (NYSE: AA), Starbucks Corporation (NYSE: CMG). and Facebook Inc. (NASDAQ: FB) in the midst of CEO Mark Zuckerberg's testimony before Congress. 

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Transocean (RIG)

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

Top 10 Oil Stocks To Own Right Now: Marathon Oil Corporation(MRO)

Advisors' Opinion:

• [By Stephan Byrd]

  Melrose Industries (LON:MRO) had its price target upped by Numis Securities from GBX 250 ($3.39) to GBX 280 ($3.80) in a research report report published on Monday morning. They currently have a buy rating on the stock.

• [By Matthew DiLallo]

  That ability to organically discover new shale plays has saved it a ton of money. The company was able to quietly gobble up 50,000 acres in Oklahoma over a four-year period for just $750 an acre. Contrast that with rivals�Devon Energy�(NYSE:DVN) and�Marathon Oil�(NYSE:MRO). Devon spent $1.9 billion to buy Felix Energy in late 2015 for the company's 80,000 acres in Oklahoma, paying a whopping $23,750 an acre. Meanwhile, Marathon paid $888 million for PayRock Energy and its 61,000 acres in the state, which amounted to roughly $14,500 an acre. EOG's�deep�knowledge of shale helps it know where to look so it can lock up land for next to nothing before rivals even know what's there.

• [By Matthew DiLallo]

  Saudi Aramco's valuation, however, isn't the only one that would benefit from a pop in the price of crude. Many oil producers in the U.S. restructured their operations to run on $50 oil, so if the Saudi strategy is successful, these oil companies would produce a gusher of cash flow, which could fuel high-octane gains for investors. While that rise would likely lift the entire sector, Devon Energy (NYSE:DVN) and Marathon Oil (NYSE:MRO)�could outperform in that scenario.

• [By Logan Wallace]

  Marathon Oil (NYSE:MRO) gapped down before the market opened on Thursday . The stock had previously closed at $22.09, but opened at $21.63. Marathon Oil shares last traded at $21.47, with a volume of 12430818 shares traded.

Top 10 Oil Stocks To Own Right Now: Whiting Petroleum Corporation(WLL)

Advisors' Opinion:

• [By Jon C. Ogg]

  Whiting Petroleum Corp. (NYSE: WLL) was raised to Overweight from Equal Weight with a $71 target price (versus a $50.48 close) at Morgan Stanley.

  Tuesday’s top analyst upgrades and downgrades included DocuSign, Embraer, Goodyear, Macy’s, Micron Technologies, Raytheon, Smartsheet and more.

• [By Logan Wallace]

  Penn Capital Management Co. Inc. purchased a new stake in shares of Whiting Petroleum Corp (NYSE:WLL) in the 1st quarter, HoldingsChannel reports. The fund purchased 318,157 shares of the oil and gas exploration company’s stock, valued at approximately $10,783,000.

• [By WWW.GURUFOCUS.COM]

  For the details of DFT Energy LP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=DFT+Energy+LP

  These are the top 5 holdings of DFT Energy LPWhiting Petroleum Corp (WLL) - 400,000 shares, 18.19% of the total portfolio. Shares added by 2.56%Hess Corp (HES) - 170,000 shares, 11.57% of the total portfolio. Shares added by 30.77%Noble Energy Inc (NBL) - 200,000 shares, 8.15% of the total portfolio. Southwestern Energy Co (SWN) - 1,360,000 shares, 7.92% of the total portfolio. Shares added by 4.62%Anadarko Petroleum Corp (APC)
• [By Max Byerly]

  Sheaff Brock Investment Advisors LLC purchased a new position in Whiting Petroleum Co. (NYSE:WLL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,439 shares of the oil and gas exploration company’s stock, valued at approximately $489,000.

• [By Logan Wallace]

  Shares of Whiting Petroleum Corp (NYSE:WLL) have been given an average rating of “Buy” by the thirty-two ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $46.58.

Top 10 Oil Stocks To Own Right Now: Williams Partners L.P.(WPZ)

Advisors' Opinion:

• [By Shane Hupp]

  Williams Pipeline Partners LP (NYSE:WPZ) – US Capital Advisors decreased their Q3 2018 earnings per share (EPS) estimates for shares of Williams Pipeline Partners in a research note issued to investors on Monday, May 14th. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings per share of $0.39 for the quarter, down from their previous forecast of $0.41. US Capital Advisors also issued estimates for Williams Pipeline Partners’ Q4 2018 earnings at $0.45 EPS and FY2019 earnings at $1.87 EPS.

• [By Matthew DiLallo]

  Williams Companies (NYSE:WMB) was off to a great start in 2018 thanks to the growth of its majority-owned master limited partnership,�Williams Partners (NYSE:WPZ). There's plenty more where that came from, which was clear from the comments of CEO Alan Armstrong on the accompanying quarterly conference call. While he didn't fill in every detail about what lies ahead, he made sure investors knew that the company's future looks bright.

• [By Logan Wallace]

  Williams Partners (NYSE: WPZ) and Targa Resources (NYSE:TRGP) are both large-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.

• [By Max Byerly]

  Get a free copy of the Zacks research report on Williams Pipeline Partners (WPZ)

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

There's now a real chance the UK won't get a Brexit deal ��� here's what that means for markets

Investors should start preparing for a scenario in which the U.K. does not reach an agreement with the European Union over Brexit, a political analyst told CNBC Tuesday.

The U.K. voted in June 2016 to leave the EU, but the process to leave the bloc has proven long and rich in technical details. No matter what, the departure date has been scheduled for March 29 next year �� meaning that negotiators have about six months to conclude negotiations on aspects such as the movement of people and goods across the border between Northern Ireland and the Republic of Ireland.

Technical details aside, the politics of Brexit are also not helping. David Davis, the chief Brexit negotiator for the U.K., and Boris Johnson, the foreign minister and perhaps the most vocal Brexit supporter, both resigned Monday over differences with the prime minister. A lack of support from within her own political party could spark a leadership challenge, or even lead to another general election.

Following both resignations, Theresa May told the U.K. Parliament that preparations for a ��no deal�� scenario would be stepped up and that lawmakers should prepare for a number of outcomes.

��Markets have been remarkably sanguine about the possibility of a no Brexit scenario and I think they do actually have to start taking it a little bit more seriously now,�� Richard Mylles, political analyst at Absolute Strategy, told CNBC��s ��Squawk Box Europe�� Tuesday.

show chapters Brexit talks could see both sides 'walk away' from negotiations amid Irish border row, analyst says    5:45 AM ET Thu, 1 March 2018 | 02:32

��We��re in a situation where there��s no obvious parliamentary majority for any form of Brexit, which is viable, we��ve got various asymmetric negotiations with the EU-27 (the other countries in the EU), there��s very little flexibility on the EU-27 side �� The last 48 hours have shown that essentially the U.K. may be reaching the limits of the concessions that it��s able to make and yet we are still nowhere near a sort of credible, realistic package,�� he added.

What would be the impact of a no-Brexit deal?

Goods entering the European customs union from abroad face controls �� in total there are 405 checks, with beef going through 22 steps. However, once they are inside the customs union there are no further checks. If the U.K. leaves the customs union then the same controls will be applied to goods originating in the U.K.

��The U.K is not currently subject to any of these controls. However, if we leave the EU without a deal, that will change. This will lead to a significant increase in administration for most goods and a risk of substantial delays at borders,�� the British Retail Consortium (BRC) said in a statement at the end of June.

The BRC added that food and beverage products could see the cost of importing from the EU go up by as much as 29 percent and non-food goods could face increases of up to 7 percent in the case of clothing and textiles.

Pricier imported goods could squeeze consumer spending, becoming a drag to the economy. Pricier imported goods could also cut the margins for both businesses depending on European raw materials; and businesses depending on EU consumers. This could ultimately impact the stock market.

show chapters UK markets seem unfazed by political uncertainty, CIO says    5 Hours Ago | 04:29

There could also be sharp losses for sterling.

"My feeling is that this would be a repeat of the night of the Brexit referendum with GBP falling �� perhaps to sub-1.20 against the USD," Roger Jones, head of equities at London and Capital, told CNBC via email.

"(U.K.-based) international earners would outperform and domestic U.K. stocks would get hit very hard," Jones also said. This is because domestic companies would suffer from the collapse in the currency, whereas international earners would profit from the appreciation in the dollar.

Roger also noted there would be a sell-off in European markets too, given that EU-based firms would also see their trade links with the U.K. becoming more expensive.

Still confidence

However, some analysts are still confident that Theresa May will overcome the impasse and reach an agreement with the EU.

Karen Ward, chief market strategist for EMEA at J.P. Morgan Asset Management, said in an email Monday that ��the fragmentation of financial services that would be caused if no deal is reached would raise the cost of capital for European businesses and could disrupt the much needed recovery in the euro zone.��

As a result, she is confident that there will be a deal with the EU before the end of this year �� one in which the U.K. and the EU will have a relationship relatively similar to the one they currently have.

show chapters Corbyn is the glue keeping the UK Conservative Party together, analyst says    6 Hours Ago | 03:49

��By year-end, the U.K. will have negotiated a relatively soft Brexit. We would expect a broad-based rise in sterling, which will lower U.K. inflation at a time when wage growth is picking up. This would promote an upgrade to the economic outlook heading in to 2019 and most likely a faster pace of rate increases from the Bank of England,�� she added.

A new round of Brexit negotiations is due to begin next week.

Lawsuit over rats eating car wiring tossed

For the owners of Toyotas damaged by rodents, it's a case of "rats!" when it comes to a court ruling against them in a class-action lawsuit. ��

But an attorney for people whose vehicles were damaged by rats gnawing on soybean-coated wiring said he may not be done trying to take another swing�at the corporate giant.

Last month, a federal court judge in California granted motions from Toyota to dismiss a class-action lawsuit filed in 2016 against the automaker seeking to force it to cover, under warranty, damage from rodents chewing through insulation for engine wiring that is now soy-based instead of petroleum-based. The suit was dismissed and can't be amended and refiled.

Brian Kabateck, co-lead attorney for the plaintiffs, said they are disappointed by the court��s ruling and are weighing legal options in an effort to help consumers recoup their losses.

��Over the course of litigation, we��ve discovered the problem of rodents eating through soy-covered wiring is frequent and widespread, impacting tens of thousands of drivers nationwide,�� Kabateck said in a�statement.

��Toyota apparently isn��t willing to fix this defect or compensate customers who have paid significant amounts of money to mechanics to repair damage caused by rats, squirrels and mice. People purchased these vehicles because they believed they were buying a reliable product, but Toyota refuses to acknowledge this problem even exists �� or cover the damage under its warranty program,�� said Kabateck, who is based in Los Angeles.

But Toyota called the claims ��meritless.��

��We are gratified�that, after repeated failures to allege facts that would support their defect claims, the Court dismissed plaintiffs�� meritless claims without leave to amend,�� Toyota said in an email statement.The lawsuit was mentioned in a May story in the Detroit Free Press about a Royal Oak, Michigan, woman who found rats had chewed up the engine wiring on her�Ford Mustang.

It was filed on behalf of Albert Heber of Indiana�and owners and lessees of 2012 to 2016 model year Toyota vehicles. A similar lawsuit was filed against Honda in 2016 and dismissed later that year by the plaintiffs, according to federal court records in California.

Heber's 2012 Tundra had its soy-based insulated wiring chewed through by rodents three times, the first in 2013. Total damages were about $1,500 �� damage Kabateck has said Toyota wouldn��t cover under warranty.

Kabateck said the lawsuit contended�that the soy �� used in an effort to make vehicles more green and to get rid of petroleum-based wiring �� was becoming a ��potential food products for rats.��

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But Toyota disagreed.

In a prior statement, the company said ��rodent damage to vehicle wiring occurs across the industry, and the issue is not brand �� or model �� specific. We are currently not aware of any scientific evidence that shows rodents are attracted to automotive wiring because of alleged soy-based content.��

According to court records, there were 21 plaintiffs in the fourth amended complaint in this lawsuit.

Toyota moved to dismiss several of the claims "for failure to state a claim."

The judge dismissed several claims, including an express warranty claim, stating that "because the repairs they seek�aren't covered by the terms of the express warranty, Plaintiffs can't allege that Toyota breached the express warranty by failing to provide or pay for those repairs."

Regarding implied warranty claims, which also were dismissed, the plaintiffs "fail to allege that Toyota sold them vehicles unfit to be driven," according to court records. The judge called these claims and one other one "incurably defective."

The judge also dismissed fraud and consumer protection claims, saying the plaintiffs failed to plead these claims "with the appropriate level of specificity."

The plaintiffs did not�ask the court to grant it leave to amend any of its claims, according to court records,�which added that "considering this was the Plaintiffs' fifth attempt at amending their complaint and their continued failure to state a viable claim for relief, the Court declines to give Plaintiffs yet another chance to amend."

�

Envion 1-Day Trading Volume Tops $24,196.00 (EVN)

Envion (CURRENCY:EVN) traded 1.2% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on July 5th. Envion has a total market capitalization of $15.36 million and approximately $24,196.00 worth of Envion was traded on exchanges in the last day. One Envion token can now be bought for $0.14 or 0.00002085 BTC on major exchanges including Token Store, YoBit, HitBTC and IDEX. Over the last seven days, Envion has traded 1.8% higher against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

Get Envion alerts: XRP (XRP) traded down 1.8% against the dollar and now trades at $0.49 or 0.00007339 BTC. Stellar (XLM) traded down 2.7% against the dollar and now trades at $0.21 or 0.00003134 BTC. IOTA (MIOTA) traded 3.8% lower against the dollar and now trades at $1.18 or 0.00017757 BTC. NEO (NEO) traded 8.6% higher against the dollar and now trades at $42.07 or 0.00635734 BTC. Tether (USDT) traded up 0.7% against the dollar and now trades at $1.01 or 0.00015224 BTC. TRON (TRX) traded down 2.6% against the dollar and now trades at $0.0386 or 0.00000583 BTC. Binance Coin (BNB) traded down 1.3% against the dollar and now trades at $13.92 or 0.00210269 BTC. VeChain (VET) traded down 4.1% against the dollar and now trades at $2.63 or 0.00039772 BTC. Ontology (ONT) traded 2.6% lower against the dollar and now trades at $5.05 or 0.00076245 BTC. Zilliqa (ZIL) traded 0.4% higher against the dollar and now trades at $0.0866 or 0.00001308 BTC.

Envion Profile

Envion’s launch date was January 31st, 2018. Envion’s total supply is 127,425,494 tokens and its circulating supply is 111,298,337 tokens. Envion’s official Twitter account is @envion_org and its Facebook page is accessible here. The official website for Envion is www.envion.org.

Envion Token Trading

Envion can be purchased on the following cryptocurrency exchanges: IDEX, YoBit, Token Store and HitBTC. It is usually not possible to buy alternative cryptocurrencies such as Envion directly using U.S. dollars. Investors seeking to acquire Envion should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Envion using one of the aforementioned exchanges.

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What Will Drive The Growth For Cannabis Stock Cronos Group

&l;p&g;Canadian cannabis stock Cronos Group (NASDAQ: CRON) (TOR: CRON.TO) has had a relatively mixed performance over the last few months, with its stock falling from over CAD 11 in early January to levels of about CAD 8.50 currently, due to relatively disappointing Q1 results and likely some profit booking, after the stock soared by 5x last year. While marijuana stocks, in general, face many risks as the organized market for marijuana is still in its infancy, there is significant scope for earnings growth in the industry. Below, we take a look at some of the trends that could drive the performance of Cronos Group and the broader Canadian marijuana industry going forward.

View our interactive &l;a href=&q;http://dashboards.trefis.com/no-login-required/bCSstNSA?fromforbesandarticle=what-will-drive-the-growth-for-cannabis-stock-cronos-group&q; target=&q;_blank&q;&g;&l;strong&g;dashboard What&a;rsquo;s Driving Cronos Group&a;rsquo;s Valuation&l;/strong&g;&l;/a&g; which allows users to modify the company&a;rsquo;s forward revenues and multiple to arrive at a valuation estimate for the company. We are valuing Cronos group at about CAD 9 per share, or CAD 1.6 billion, which is roughly in line with the market price.

&l;strong&g;Canada&a;rsquo;s Legalization Of Recreational Marijuana&l;/strong&g;

Canada will become the first G7 nation to legalize the use of marijuana for recreational purposes by adult consumers. This revolutionary law is anticipated to open up a new and lucrative market for cannabis companies in the country. According to market assessment, the sales of Canadian marijuana could go up by over &l;a href=&q;https://www.trefis.com/stock/pm/articles/442667/heres-medical-marijuana-producer-aphrias-strategy-for-the-upcoming-legalization-of-recreational-marijuana-in-canada/2018-06-18#footnote_0_442667&q; target=&q;_blank&q;&g;$4 billion in the first year of its legalization&l;/a&g;. To prepare for the legalization Cronos is expanding its capacity (see below), while improving its retail footprint via a joint venture with the U.S-based company, MedMen, which will help it &l;a href=&q;https://www.forbes.com/sites/marycarreon/2018/03/23/medmen-leaps-into-canadian-cannabis-market-for-joint-venture-with-cronos-group/&q;&g;develop branded products&l;/a&g; and open stores across Canada for the sale of recreational marijuana. MedMen is the largest cannabis retail chain in California and the company&a;rsquo;s retail expertise could be valuable to Cronos as it addresses new customer groups.

&l;strong&g;Scaling Up Manufacturing Capacity &l;/strong&g;

Cronos is looking to significantly ramp up its production capacity. While the company only had about &l;a href=&q;https://www.sec.gov/Archives/edgar/data/1656472/000119312518140678/d552281dex991.htm&q; target=&q;_blank&q;&g;6,650 kg&l;/a&g; of capacity at the end of last year, it has estimated that its annual production capacity will exceed 47,000 kg by early 2019. To reach these levels, Cronos is scaling up its Peace Naturals indoor facility, while building a greenhouse in Israel and another indoor facility in Australia via a joint venture. The company is also creating a new &l;a href=&q;https://thecronosgroup.com/cronos-press-release-q3-2017-financial-results/&q; target=&q;_blank&q;&g;oil extraction lab&l;/a&g; at its Peace Naturals facilities, which should allow it to create new cannabis capsules, tinctures, and ointments. Oils are typically more lucrative compared to dried cannabis. About&l;a href=&q;https://www.fool.com/investing/2018/05/15/this-is-the-best-thing-by-far-in-marijuana-stock-c.aspx&q; target=&q;_blank&q; rel=&q;nofollow noopener noreferrer&q; target=&q;_blank&q;&g; 9% of the company&a;rsquo;s total Q1&l;/a&g; sales came from cannabis oils up from zero in the year-ago period.

&l;strong&g;Opportunities In Export Markets&l;/strong&g;

Unlike the United States, Canada allows for the import and export of cannabis, giving Canadian cannabis companies a significant advantage over their U.S counterparts. This could give Cronos group significant opportunity to expand its operations globally. For instance, the company has inked a 5-year exclusive distribution agreement with G.Pohl-Boskamp, which will allow it to distribute its product to over 12,000 pharmacies in Germany, which is currently the largest cannabis market in the world. The broader European market is also showing strong potential for Medical marijuana and this could also help Cronos, as the market is likely to favor cannabis oils.

&l;!--nextpage--&g;

&l;b&g;Improving Funding&l;/b&g;

The cannabis industry has traditionally faced hurdles with raising funding, due to potential legal risks related to the industry. However, with the legalization of recreational marijuana, major Canadian banks such as the Bank of Montreal and Canadian Imperial Bank of Commerce are getting directly involved in financing. The greater transparency and the additional capital that comes from the broader banking system could help to drive growth for these companies. For instance, BMO was an underwriter for a &l;a href=&q;https://www.prnewswire.com/news-releases/cronos-group-announces-closing-of-previously-announced-100-million-bought-deal-678970713.html&q; target=&q;_blank&q;&g;CAD 100 million equity raise&l;/a&g; that Cronos closed this year. Being legal will allow these companies to do more &a;mdash; though they may still face many regulatory hurdles &a;mdash; similar to tobacco companies, such as &l;a href=&q;http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=pm&a;amp;tab=searchtabquotesdark&q; target=&q;_blank&q;&g;Philip Morris&l;/a&g;.

&a;nbsp;

&l;a href=&q;http://dashboards.trefis.com/no-login-required/bCSstNSA?fromforbesandarticle=what-will-drive-the-growth-for-cannabis-stock-cronos-group&q; target=&q;_blank&q;&g;&l;img class=&q; wp-image-186001 size-full&q; src=&q;http://blogs-images.forbes.com/greatspeculations/files/2018/07/Cronos_3.jpg?width=960&q; alt=&q;&q; data-height=&q;336&q; data-width=&q;1035&q;&g;&l;/a&g;

&l;/p&g;&l;div&g;&l;/div&g;

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&l;div&g;What&a;rsquo;s behind Trefis? See How It&a;rsquo;s Powering New Collaboration and What-Ifs&l;/div&g;

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&l;div&g;For &l;b&g;&l;a href=&q;https://www.trefis.com/info/trefis-technology&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;CFOs and Finance Teams&l;/a&g;&l;/b&g; | &l;b&g;&l;a href=&q;https://www.trefis.com/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;Product, R&a;amp;D, and Marketing Teams&l;/a&g;&l;/b&g;&l;/div&g;

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&l;div&g;Like our charts? Explore &l;a href=&q;https://dashboards.trefis.com/signupDashboard&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;example interactive dashboards&l;/a&g; and create your own.&l;/div&g;

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PriceSmart Earnings: 3 Things to Watch

Investors have some big questions heading into PriceSmart's (NASDAQ:PSMT) upcoming quarterly report. The good news: The warehouse retailing chain is showing signs of a growth rebound that's likely to continue as Latin American and Caribbean economies recover.

Yet the dramatic currency devaluation in Colombia that wrecked PriceSmart's results last year demonstrates just how exposed the company is to unpredictable economic events; there's always a risk that one or more of its geographies will hurt its growth pace.

With that bigger picture in mind, let's take a look at what shareholders can expect in PriceSmart's report set for Thursday, July 5.

Image source: Getty Images.

Growth metrics

Sales growth trends are looking up following a tough two-year stretch for the retailer. In fact, sales at existing locations, or comps, rose 3.2% for the six-month period ending in February, compared to a 1.1% increase in the prior-year period.

The biggest contributor to those gains has been a sharp rebound in the Colombian market, where sales, profit, and customer traffic levels are all benefiting from the strengthening of the local currency after a dramatic devaluation in 2015. PriceSmart is also enjoying better results in other countries that had been struggling economically, including Trinidad and the Dominican Republic.

Recent monthly sales results point to a slight growth slowdown, but look for the company to modestly outpace its prior-year growth rate -- which, for the nine months ended in May, was 1.4%. �

Membership numbers

As is the case with its U.S.-based peer Costco Wholesale (NASDAQ:COST), PriceSmart's business depends on its ability to sell subscription access to its retailing stores. That makes membership metrics just as important as broader sales trends.

The warehouse giant has logged modest progress on this score so far in fiscal 2018. Membership income was up 7% year over year in the first half of the fiscal year, but that boost was mostly due to an 18% surge in Colombia, which reflects PriceSmart's increased prices there, which stem from the strengthening currency. The company had been charging far less than the market value of its subscriptions during the worst of Colombia's devaluation crisis, and now the business is benefiting from a return to more normal fees.

Besides overall growth in the membership base, investors will be looking for steady, or improving, renewal rates within the overall population of 1.6 million subscribers. That rate was 87% last quarter, which is lower than the stellar 91% that Costco enjoys in its core U.S. market but roughly even with the market leader's renewal rates worldwide.

E-commerce updates

Costco recently began reporting e-commerce sales separately in its quarterly releases in a nod to how important that channel is becoming to the broader business. PriceSmart investors should get important updates in this arena on Thursday, too.

After all, the company paid $30 million during the quarter to purchase digital shopping specialist Aeropost, and executives said they are excited about the potential that its logistics platform has for extending PriceSmart's ordering and home delivery abilities.

E-commerce isn't nearly as popular in the Latin American and Caribbean countries that make up PriceSmart's sales base as it is in the U.S. However, it's clear that the channel will become a bigger part of the business over time, and so the retailer is making moves today to position itself for that long-term shift.

Range Resources Corp. (RRC) Holdings Reduced by OppenheimerFunds Inc.

OppenheimerFunds Inc. lowered its holdings in Range Resources Corp. (NYSE:RRC) by 68.2% in the first quarter, HoldingsChannel.com reports. The fund owned 30,532 shares of the oil and gas exploration company’s stock after selling 65,576 shares during the quarter. OppenheimerFunds Inc.’s holdings in Range Resources were worth $444,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Lombard Odier Asset Management Switzerland SA acquired a new stake in Range Resources in the fourth quarter valued at $854,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Range Resources by 58.4% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 36,635 shares of the oil and gas exploration company’s stock valued at $625,000 after acquiring an additional 13,500 shares during the period. SailingStone Capital Partners LLC lifted its holdings in Range Resources by 7.9% in the fourth quarter. SailingStone Capital Partners LLC now owns 35,832,571 shares of the oil and gas exploration company’s stock valued at $611,304,000 after acquiring an additional 2,623,957 shares during the period. Mackenzie Financial Corp raised its stake in shares of Range Resources by 2,708.2% during the 4th quarter. Mackenzie Financial Corp now owns 3,057,252 shares of the oil and gas exploration company’s stock worth $52,157,000 after buying an additional 2,948,384 shares during the last quarter. Finally, Advisor Partners LLC acquired a new position in shares of Range Resources during the 1st quarter worth $209,000. 96.48% of the stock is owned by institutional investors.

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Range Resources opened at $16.99 on Friday, MarketBeat reports. The stock has a market cap of $4.23 billion, a P/E ratio of 29.29, a P/E/G ratio of 1.24 and a beta of 0.60. Range Resources Corp. has a 52 week low of $11.93 and a 52 week high of $23.84. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.50 and a quick ratio of 0.45.

Range Resources (NYSE:RRC) last posted its quarterly earnings data on Wednesday, April 25th. The oil and gas exploration company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.09. The firm had revenue of $742.60 million during the quarter, compared to analysts’ expectations of $725.60 million. Range Resources had a return on equity of 4.36% and a net margin of 8.24%. The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 EPS. sell-side analysts forecast that Range Resources Corp. will post 0.85 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.47%. The ex-dividend date is Thursday, June 14th. Range Resources’s dividend payout ratio (DPR) is 13.79%.

RRC has been the subject of several research reports. B. Riley set a $17.00 price target on Range Resources and gave the stock a “hold” rating in a research note on Friday, March 9th. Wells Fargo & Co downgraded Range Resources to a “market perform” rating in a research note on Tuesday, March 27th. KLR Group reaffirmed a “buy” rating and set a $27.00 price target (up previously from $26.00) on shares of Range Resources in a research note on Thursday, March 1st. Morgan Stanley lifted their price target on Range Resources from $11.00 to $12.00 and gave the stock an “underweight” rating in a research note on Friday, April 20th. Finally, Citigroup downgraded Range Resources from a “buy” rating to a “neutral” rating and set a $27.00 price target for the company. in a research note on Tuesday, April 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $22.28.

About Range Resources

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States.

Want to see what other hedge funds are holding RRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Range Resources Corp. (NYSE:RRC).

Julian D. Singer Buys 184,600 Shares of CCUR Holdings, Inc. (CCUR) Stock

CCUR Holdings, Inc. (NASDAQ:CCUR) major shareholder Julian D. Singer bought 184,600 shares of the firm’s stock in a transaction that occurred on Friday, June 22nd. The stock was bought at an average cost of $5.30 per share, for a total transaction of $978,380.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

CCUR opened at $5.29 on Wednesday. CCUR Holdings, Inc. has a 1 year low of $4.62 and a 1 year high of $6.90.

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CCUR announced that its board has initiated a stock buyback program on Monday, March 5th that authorizes the company to repurchase 1,000,000 outstanding shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

A hedge fund recently raised its stake in CCUR stock. Geode Capital Management LLC increased its stake in CCUR Holdings, Inc. (NASDAQ:CCUR) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 85,208 shares of the technology company’s stock after acquiring an additional 42,604 shares during the period. Geode Capital Management LLC owned approximately 0.86% of CCUR worth $490,000 as of its most recent SEC filing. Institutional investors own 29.13% of the company’s stock.

About CCUR

CCUR Holdings, Inc, formerly Concurrent Computer Corporation, is in the process of evaluating opportunities intended to maximize the value of its remaining assets. This will include the evaluation of opportunities to invest in or acquire one or more operating businesses.

Hot Oil Stocks For 2019

tags:APA,WLL,COP,ECA,MMP, Related BGS Mid-Afternoon Market Update: Crude Oil Up 1.1%; Cloud Peak Energy Shares Surge Following Earnings Beat 20 Biggest Mid-Day Gainers For Friday B&G Food's (BGS) CEO Robert Cantwell on Q2 2016 Results - Earnings Call Transcript (Seeking Alpha) Related DGI 20 Biggest Mid-Day Gainers For Friday Morgan Stanley Highlights 'New Negative Details' On Future Of DigitalGlobe's EnhancedView DigitalGlobe's [DGI] CEO Stephen Gordon on Q2 2016 Results - Earnings Call Transcript (Seeking Alpha)

The U.S. stock market was little changed to end the week. The Dow recorded minor losses while the Nasdaq and S&P 500 rose marginally.

Hot Oil Stocks For 2019: Apache Corporation(APA)

Advisors' Opinion:

• [By Max Byerly]

  US Bancorp DE decreased its stake in shares of Apache Co. (NYSE:APA) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 145,332 shares of the energy company’s stock after selling 8,948 shares during the period. US Bancorp DE’s holdings in Apache were worth $5,592,000 as of its most recent SEC filing.

• [By VantagePoint]

  Apache Corporation (NYSE: APA) has been ripping since March 2nd, when it hit a two-year low of $33.60. Since then it's up 25 percent. 

  The three-month chart below shows that this trend is likely to continue. The blue line is generated via VantagePoint's intermarket analysis, and represents a prediction of what APA's moving average will be in three days. The black line is a simple 10-day moving average. Note the bullish crossover that occurred in early March. That was a signal that the stock was entering an uptrend. 

• [By ]

  Now, I haven't dabbled in U.S. shale oil or in the permian basin since I extracted myself from Apache (APA) several months ago after an epic fight in the name of capital preservation. But The Wall Street Journal ran a piece last week explaining that due to already-mentioned distribution bottlenecks, Permian-basin oil prices had fallen below $60 a barrel despite the fact that WTI futures were trading above $70.

Hot Oil Stocks For 2019: Whiting Petroleum Corporation(WLL)

Advisors' Opinion:

• [By Dan Caplinger]

  Friday was a down day on Wall Street, but losses were generally small, and the market closed well above its lowest levels of the session. Initially, investors seemed concerned about further trade tensions between the U.S. and China, but upon further reflection, they appeared to draw comfort from considerable fundamental strength from key sectors of the industrial economy. Even with the overall market recovering from earlier weakness, some stocks still posted substantial declines. Whiting Petroleum (NYSE:WLL), Global Blood Therapeutics (NASDAQ:GBT), and First Solar (NASDAQ:FSLR) were among the worst performers on the day. Here's why they did so poorly.

• [By Logan Wallace]

  Whiting Petroleum Corp (NYSE:WLL) – Seaport Global Securities increased their Q1 2019 earnings per share (EPS) estimates for shares of Whiting Petroleum in a report issued on Wednesday, May 23rd. Seaport Global Securities analyst M. Kelly now expects that the oil and gas exploration company will post earnings of $0.98 per share for the quarter, up from their previous estimate of $0.55. Seaport Global Securities has a “Buy” rating and a $40.00 price target on the stock. Seaport Global Securities also issued estimates for Whiting Petroleum’s Q2 2019 earnings at $0.87 EPS, Q3 2019 earnings at $0.85 EPS, Q4 2019 earnings at $0.89 EPS and FY2019 earnings at $3.58 EPS.

• [By Jon C. Ogg]

  Whiting Petroleum Corp. (NYSE: WLL) was reiterated as Overweight and the target price was raised to $56 from $45 (versus a $50.78 close) at KeyBanc Capital Markets.

• [By Max Byerly]

  Sheaff Brock Investment Advisors LLC purchased a new position in Whiting Petroleum Co. (NYSE:WLL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,439 shares of the oil and gas exploration company’s stock, valued at approximately $489,000.

• [By Max Byerly]

  TCW Group Inc. raised its stake in Whiting Petroleum Corp (NYSE:WLL) by 21.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,733 shares of the oil and gas exploration company’s stock after purchasing an additional 4,618 shares during the period. TCW Group Inc.’s holdings in Whiting Petroleum were worth $871,000 as of its most recent SEC filing.

Hot Oil Stocks For 2019: ConocoPhillips(COP)

Advisors' Opinion:

• [By Matthew DiLallo]

  Oil prices have been on fire over the past year and recently topped $70 a barrel, which is the highest crude has been since late 2014. That rally in the oil market has helped fuel big-time gains in many oil stocks. Three that stand out are Anadarko Petroleum (NYSE:APC), Hess (NYSE:HES), and ConocoPhillips (NYSE:COP) because each has risen more than 20% this year. They might still have additional upside from here given that all three plan on spending billions of dollars to buy back more of their stock.

• [By Rich Smith]

  And yet, a funny thing has been happening in the market for oil stocks over this past week. All of a sudden, Wall Street analysts are talking up free cash flow as a reason to buy oil stocks. In fact, they can't seem to shut up about it. Over just the past few days, I've seen free cash flow mentioned prominently in the analyses of Wall Street bankers on no fewer than three separate oil stocks: ExxonMobil, Chevron (NYSE:CVX), and ConocoPhillips (NYSE:COP).

• [By Spencer Israel]

  Oil companies were popular sells for the month, including ConocoPhillips (NYSE: COP), BP p.l.c. (NYSE: BP), and Transocean Ltd. (NYSE: RIG) all net sold. Investors also net sold Alcoa Corp. (NYSE: AA), Starbucks Corporation (NYSE: CMG). and Facebook Inc. (NASDAQ: FB) in the midst of CEO Mark Zuckerberg's testimony before Congress. 

• [By Shane Hupp]

  ConocoPhillips (NYSE:COP) VP Glenda Mae Schwarz sold 6,763 shares of the company’s stock in a transaction that occurred on Friday, May 25th. The stock was sold at an average price of $65.04, for a total value of $439,865.52. Following the sale, the vice president now directly owns 10,182 shares of the company’s stock, valued at approximately $662,237.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

• [By Chris Lange]

  The number of ConocoPhillips (NYSE: COP) shares short rose to 24.44 million from the previous level of 23.91 million. Shares were trading at $64.80, within a 52-week range of $42.27 to $67.30.

Hot Oil Stocks For 2019: Encana Corporation(ECA)

Advisors' Opinion:

• [By Matthew DiLallo]

  Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate.�

• [By ]

  Already, shale companies such as Encana (ECA) , Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD) , among others, are reporting higher cash flows and earnings on higher oil prices. As a result, they are paying down debt, increasing dividends and engaging in buybacks. This is a dramatic improvement in shareholder yield for the group.

• [By Ethan Ryder]

  Encana (NYSE:ECA) (TSE:ECA) had its target price raised by Morgan Stanley from $16.00 to $20.00 in a research report report published on Wednesday morning. Morgan Stanley currently has a buy rating on the oil and gas company’s stock.

• [By Max Byerly]

  Electra (CURRENCY:ECA) traded 8% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on June 20th. In the last week, Electra has traded 12.6% higher against the U.S. dollar. Electra has a market capitalization of $34.87 million and $128,874.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can now be purchased for $0.0014 or 0.00000020 BTC on exchanges including Fatbtc, Novaexchange, CoinFalcon and CryptoBridge.

• [By Shane Hupp]

  Electra (CURRENCY:ECA) traded 3.4% lower against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 4th. Electra has a total market capitalization of $45.83 million and approximately $326,372.00 worth of Electra was traded on exchanges in the last 24 hours. One Electra coin can currently be bought for $0.0018 or 0.00000024 BTC on cryptocurrency exchanges including Novaexchange, Octaex, Fatbtc and Cryptopia. In the last seven days, Electra has traded 12.8% higher against the dollar.

Hot Oil Stocks For 2019: Magellan Midstream Partners L.P.(MMP)

Advisors' Opinion:

• [By Lisa Levin] Gainers McDermott International, Inc. (NYSE: MDR) rose 19 percent to $7.20 in pre-market trading. Subsea 7 S.A. confirmed a $7.00 per share proposal to acquire McDermott. Clarus Corporation (NASDAQ: CLAR) rose 18.5 percent to $8.00 in pre-market trading. Enbridge Inc. (NYSE: ENB) rose 9.3 percent to $34.09 in pre-market trading after falling 2.41 percent on Friday. Lannett Company, Inc. (NYSE: LCI) rose 8.4 percent to $18 in pre-market trading. Lannett named Maureen M. Cavanaugh as senior vice president and chief commercial operations officer. Navios Maritime Midstream Partners L.P. (NYSE: NAP) rose 7.1 percent to $4.55 in pre-market trading after gaining 11.26 percent on Friday. Corcept Therapeutics Incorporated (NASDAQ: CORT) rose 6.9 percent to $18.80 in pre-market trading after falling 3.19 percent on Friday. Helios and Matheson Analytics Inc. (NASDAQ: HMNY) rose 5.7 percent to $2.40 in pre-market trading after falling 10.98 percent on Friday. Vectren Corporation (NYSE: VVC) shares rose 5.6 percent to $69.20 in pre-market trading. CenterPoint Energy, Inc. (NYSE: CNP) announced plans to acquire Vectren for $72 per share in cash Genprex, Inc. (NASDAQ: GNPX) shares rose 5.2 percent to $4.50 in pre-market trading. Atossa Genetics Inc. (NASDAQ: ATOS) rose 5.1 percent to $3.70 in pre-market trading after declining 19.35 percent on Friday. Sangamo Therapeutics, Inc. (NASDAQ: SGMO) shares rose 5 percent to $20 in pre-market trading. Magellan Midstream Partners, L.P. (NYSE: MMP) shares rose 5 percent to $68.41 in pre-market trading. Halozyme Therapeutics, Inc. (NASDAQ: HALO) shares rose 4.9 percent to $19.78 in the pre-market trading session.

  Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

• [By John Bromels]

  Three companies that the market has walloped are�Apache Corporation�(NYSE:APA),�Magellan Midstream Partners�(NYSE:MMP), and�General Motors�(NYSE:GM). Here's why these stocks look like bargains, and why today might be a good time to scoop up some shares.�

• [By ]

  That means pipelines are equally busy carrying all that raw crude into these refineries and then carrying out gasoline, diesel and other finished products. So you'd think these would be boon times for Magellan Midstream Partners (NYSE: MMP), which owns 10,000 miles of pipeline that connect with 50% of the nation's refinery capacity.

• [By Shane Hupp]

  Oppenheimer Asset Management Inc. lifted its holdings in shares of Magellan Midstream Partners, L.P. (NYSE:MMP) by 35.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,614 shares of the pipeline company’s stock after acquiring an additional 6,235 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Magellan Midstream Partners were worth $1,378,000 as of its most recent filing with the Securities & Exchange Commission.

• [By Reuben Gregg Brewer]

  For an example of just how important this is, take a look at the graph below. Midstream companies ONEOK Inc. (NYSE:OKE), Magellan Midstream Partners LP�(NYSE:MMP), and Enterprise Products Partners L.P. (NYSE:EPD) have each increased their disbursements for more than a decade. However, there is a difference in the growth rates over time. Enterprise's 10-year annualized distribution increase was 5.7%, Magellan's was 10.9%, and ONEOK's dividend rose at an annualized 16.1% clip. Just a few percentage points here makes a huge difference in the growth of the disbursement over time, as the chart below clearly shows.

• [By Matthew DiLallo]

  Over the past five years, Magellan Midstream Partners (NYSE:MMP) has generated a total return of nearly 70%. That's quite impressive considering that most master limited partnerships (MLPs) have lost value over that timeframe. One of the reasons the company has delivered such strong total returns is that it has steadily increased its payout even as rivals have either stopped raising their distribution, or cut it. Magellan has avoided this fate by investing within its means instead of stretching to grow at a faster pace.