Monday, March 2, 2015

Alpha Natural Resources Outlook: Expect More Losses And No Respite From Weak Coal Prices

This article was firstly published by Seeking Alpha on February 10, 2015

By Sarfaraz A. Khan. Research Asst. Adnan Mushtaq

One of the largest players in the global coal industry, Alpha Natural Resources (NYSE:ANR) has recently said that it will halt operations at two coal mines located in West Virginia and will eliminate 91 jobs.

2 Factors That Can Fuel Truck Maker Paccar's Growth; Wait For A Drip

This article was first published at Seeking Alpha on February 8, 2015

By Sarfaraz A. Khan. Research Asst. Adnan Mushtaq

The latest truck order numbers released by ACT Research show continued strength in the North American market, which was highlighted by Paccar (NASDAQ:PCAR), the second largest North American heavy-duty truck manufacturer when the company released its fourth quarter results last week.

Pain In Store For Helmerich & Payne, Can It Withstand The Downturn?

This article was first published at Seeking Alpha on February 5, 2015

Earlier on Thursday, analysts at Citigroup downgraded contract driller Helmerich & Payne (NYSE:HP) to sell citing concerns related to weak pricing environment, low utilization and possibility of contract cancellations.

Steel Producers: Something's Gotta Give

This article was first published by Seeking Alpha on February 5, 2015.

As per the latest preliminary data, the steel imports into the U.S. have climbed to 3.93 million tonnes in January, showing an increase of 19.7% from the previous month and 35.1% from the same month last year.

Thursday, February 19, 2015

Chesapeake Energy sues founder Aubrey McClendon

Chesapeake Energy (NYSE:CHK), the second largest natural gas producer in the U.S., is suing its founder and former CEO Aubrey McClendon, accusing him of stealing confidential information to benefit his other investments.

Tuesday, February 17, 2015

Apple Gearing Up To Launch Apple Watch In April, Orders Up To 6Mn Units

Apple (NASDAQ:AAPL), the maker of the iconic iPhone, has reportedly ordered its Asian watch vendors to manufacture five million to six million units of three Apple Watch models in the first quarter as it gears up to launch the gadget in April.

Monday, February 16, 2015

Transocean’s CEO Steven Newman Resigns

Offshore driller Transocean Ltd. (NYSE:RIG) has announced the departure of its CEO and President Steven Newman amid the downturn in the industry led by the 50% drop in oil prices since mid-2014.

Friday, February 13, 2015

China's Offshore Oil Giant CNOOC To Cut CapEx By Up To 35%... Here's What It Shows

This article was firstly published by Seeking Alpha on February 4, 2015
By Sarfaraz A. Khan, Research Asst. Omar Edwardhams

TransCanada: What's Next After The Looming Presidential Veto Of Keystone XL Pipeline?

This article was firstly published by Seeking Alpha on February 3, 2015
By Sarfaraz A. Khan, Research Asst. Adnan Mushtaq

Despite Skepticism On ECB's QE, There's Reason For Optimism

This article was first published by Seeking Alpha on January 30, 2015.
By Sarfaraz A. Khan, Research Asst. Iffat Zehra

Baker Hughes, After Best-In-Class Margin Expansion, Is In A Strong Position To Weather The Slump

This article was first published by Seeking Alpha on January 29, 2015.
By Sarfaraz A. Khan. Research Asst: Adnan Mushtaq

Housing Market Disappointed In 2014, But This Year Could Be Better

This article was first published by Seeking Alpha on January 26, 2015.
By Sarfaraz A. Khan, Research Asst: Iffat Zehra

Target: Exit From Canada Was The Low Hanging Fruit

This article was first published by Seeking Alpha on January 28, 2015.

By Sarfaraz A. Khan. Research Asst. Mohsin Khan

After two years of operations, Target Corporation (NYSE:TGT) has decided to exit the Canadian market following its failure to expand in the country due in large part to fierce competition, inventory gaps and poor pricing. Consequently, from the fourth quarter FY2014, Target will start reporting adjusted earnings per share that reflect the performance of its U.S. operations only. The Canadian business will become a part of the "discontinued operations".

Wednesday, February 11, 2015

Halliburton Announces Massive Job Cuts As Industry Braces For Persistent Weakness In Oil Prices

This article is an update to our previously published work which can be found here and here.

On Tuesday, Halliburton (NYSE:HAL) announced that it will eliminate between 5,200 and 6,400 jobs. This represents 6.5% to 8% of the company's total 80,000 workforce. The cuts also include around 1,000 jobs the company said it will eliminate in the Eastern Hemisphere. The job cuts are a direct result of the plummeting oil prices which have fallen by more than 50% since July, 2014 and are not related to Halliburton's $35 billion merger with rival Baker Hughes (NYSE:BHI), Halliburton said in a statement. The company said that the eliminations will impact all business units.

Friday, February 6, 2015

Bonanza Creek Energy Gives Disappointing Updates But Makes The Right Move

This article was first published by Seeking Alpha on January 21, 2015

By Sarfaraz A. Khan. Research Asst. Omar Edwardhams

On Tuesday, Bonanza Creek Energy (NYSE:BCEI) released several updates regarding its reserve base, operational outlook and financial guidance for 2015 and the fourth quarter production numbers. Bonanza Creek Energy operates mainly in Colorado's Wattenberg Field -- which accounts for a majority of the company's production - and Arkansas's Cotton Valley trend.