With shares of Boeing (NYSE:BA) trading around $128, is BA an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework:
T = Trends for a Stock’s MovementBoeing is an aerospace company. It focuses primarily on engineering, information technology, research and development, test and evaluation, technology strategy development, environmental remediation management, and intellectual property management. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital Corp.
Boeing said on Thursday it will end the traditional pension plans for about 68,000 nonunion employees in 2016 and transition them to a company-funded defined contribution retirement savings plan.�Boeing�employees, including managers and executives, who participate in the main Boeing and subsidiary defined benefit pension plans are affected by the change.�Starting January 1, 2016, the Chicago-based company will make cash contributions each pay period through a new component of the 401(k) plan. When they retire, employees will receive all benefits earned in the current traditional pension plan prior to the transition, and Boeing said it will continue to match employee savings in an existing 401(k) plan.
Top 10 Information Technology Companies To Invest In Right Now: Arbor Realty Trust Inc (ABR)
Arbor Realty Trust, Inc., incorporated in June 2003, is a specialized real estate finance company. The Company invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets. It invests primarily in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity, and in limited cases, discounted mortgage notes and other real estate-related assets (collectively, structured finance investments). The Company also holds investments in mortgage-related securities and real estate property. It conducts all of its operations and investing activities through its operating partnership, Arbor Realty Limited Partnership, and its wholly-owned subsidiaries. The Company serves as the general partner of its operating partnership, and owned a 100% partnership interest in its operating partnership as of December 31, 2011.
Targeted Investments
The Company offers bridge financing products to borrowers who are seeking short-term capital to be used in an acquisition of property. The bridge loans it makes range in size from $1 million to $75 million and are predominantly secured by first mortgage liens on the property. The Company offers junior participation financing in the form of junior participating interest in the senior debt. Junior participation financings have the same obligations, collateral and borrower as the senior debt. Its junior participation loans range in size from $1 million to $60 million and have terms of up to 10 years. The Company offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower�� equity in a transaction. The Company holds a majority of its mezzanine loans through subsidiaries of its operating partnership that are pass-through entities for tax purposes or taxable subsidiary corporations. The Company provides financing by making preferred equity investments in entit! ies that directly or indirectly own real property. Its preferred equity investments typically range in size from $1 million to $75 million, and have terms up to 10 years.
Structured Finance Investments
The Company owns a diversified portfolio of structured finance investments consisting primarily of real estate-related bridge, junior participation interests in first mortgages, and mezzanine loans, as well as preferred equity investments and mortgage-related securities. As of December 31, 2011, it had 119 loans and investments in its portfolio, totaling $1.5 billion. These loans and investments were for 72 multi-family properties, 25 office properties, nine land properties, seven hotel properties, three retail properties, two condominium properties and one commercial property.
Advisors' Opinion:- [By Lee Jackson]
Arbor Realty Trust Inc. (NYSE: ABR) recently increased its cash position with a secondary offering of 6 million shares of stock. The company invests in multifamily and commercial real estate-related bridge loans, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity, discounted mortgage notes and other real estate-related assets, as well as holds investments in mortgage-related securities and real estate property. Arbor Realty Trust is rated as a stock to buy at Deutsche Bank with a $9.50 price target. The Thomson/First Call estimate for the stock is $9.25. Investors are paid a very solid 7.2% divided. The stock closed Friday at $6.88.
Top 10 Information Technology Companies To Invest In Right Now: Leucadia National Corporation(LUK)
Leucadia National Corporation, through its subsidiaries, engages in manufacturing, land based contract oil and gas drilling, gaming entertainment, real estate, medical product development, and winery operations in the United States and internationally. Its manufacturing operations include remanufacturing, manufacturing, and/or distribution dimension lumber, home center boards for retailers, pine decking, and other specialty wood products; and manufacturing and marketing lightweight plastic netting used in building and construction, erosion control, packaging, agricultural, carpet padding, filtration, and consumer products. The company?s land based contract oil and gas drilling operations include the provision of drilling services to independent oil and natural gas exploration and production companies in the Mid-Continent region of the United States, including Oklahoma, Texas, Arkansas, Louisiana, and Kansas. As of December 31, 2010, it had 38 drilling rigs. The company?s g aming entertainment operations consist of owning the Hard Rock Hotel & Casino Biloxi located in Biloxi, Mississippi, which consists of 325 rooms and suites, 1,268 slot machines, 52 table games, 6 live poker tables, 5 restaurants, and spa. Its real estate activities include investment in commercial properties, residential land development projects, and other unimproved land. The company?s medical product development operations comprise the development of MP4OX that has completed a phase II proof of concept clinical trial and is a solution of cell-free hemoglobin, administered intravenously to provide oxygen delivery to oxygen deprived tissues. In addition, Leucadia National Corporation engages in the production and sale of wines; and investment and evaluation of gasification projects to convert various types of low grade fossil fuels into energy products. The company was founded in 1854 and is based in New York, New York.
Advisors' Opinion:- [By Monica Wolfe]
Leucadia National Corporation (LUK)
Berkowitz�� fifth largest position goes to Leucadia National Corporation where the guru holds 6.4% of his total portfolio. Berkowitz owns 18,664,999 shares of Leucadia, representing 7.63% of the company�� shares outstanding.
Top 5 Bank Stocks To Own For 2015: K&S AG (KPLUY)
K&S AG is a Germany-based holding company which is active in the chemical sector. The Company divides its activities into four main business segments. The Potash and Magnesium Products segment is engaged in the crude potash and magnesium salts extraction and in processing raw materials into products for industrial, pharmaceutical, cosmetics and food industries. The Nitrogen Fertilizers business segment distributes fertilizers for almost all agricultural crops, and products for home and garden, plant care and plant protection, specialty fertilizers for public green areas, tree nurseries, horticulture and various special crops are offered. The Salt segment offers food grade salt, industrial salt and salt for chemical use, as well as de-icing salt applied to ensure road safety. The Complementary Business segments include recycling activities and the disposal and reutilization of waste salt mines, granulation of CATASAN, logistics, and trading in different basic chemicals. Advisors' Opinion:- [By Rich Duprey]
Yet, Europe's leading potash player K+S (NASDAQOTH: KPLUY ) just said that, because of the upheaval that's occurred in the market, it was slashing its dividend by 82% for 2013,�reducing the payout ratio to just 11% of adjusted after tax�earnings, a far cry from the miner's usual�ratio of between 40% and 50%. Could this signal a new era of austerity that will ultimately see Potash,�Agrium (NYSE: AGU ) , and Mosaic (NYSE: MOS ) �end up whacking their payouts, as well?
Top 10 Information Technology Companies To Invest In Right Now: TriQuint Semiconductor Inc.(TQNT)
TriQuint Semiconductor, Inc. provides radio frequency (RF) solutions and technology for communications, defense, and aerospace companies worldwide. The company designs, develops, and manufactures RF solutions with gallium arsenide (GaAs), gallium nitride, bipolar high electron mobility transistor, surface acoustic wave (SAW), temperature compensated surface acoustic wave, bulk acoustic wave (BAW), copper flip, and wafer level packaging technologies. The company offers an array of filtering, switching, and amplification products for RF, microwave, and millimeter-wave applications. It sells electronic components for mobile phones, including transmit modules, RF filters, power amplifiers and power amplifier modules, duplexers, switches, other RF devices, and integrated products to mobile device manufacturers. The company also offers signal amplification and filtering products, including a portfolio of GaAs microwave monolithic integrated circuits and transistors, and SAW and BAW filter components that support the transfer of voice, data, and video across wireless or wired infrastructure. Its network products comprise millimeter wave power amplifiers, frequency converters, and voltage controlled oscillators. In addition, the company provides defense and aerospace devices, including packaged products, die-level integrated circuits (ICs), microwave monolithic ICs, and multi-chip modules to military contractors serving the U.S. government for use in various communications and phased array radar programs, such as ship-based, airborne, and battlefield systems, as well as sat-com, electronic warfare, and guidance applications. Further, TriQuint Semiconductor, Inc. offers foundry services. The company sells its products through independent manufacturers? representatives, independent distributors, and direct sales staff. TriQuint Semiconductor, Inc. was founded in 1981 and is headquartered in Hillsboro, Oregon.
Advisors' Opinion:- [By MONEYMORNING]
RF Micro shares jumped 21% yesterday after the Greensboro, N.C.-based company agreed to buy rival TriQuint Semiconductor Inc. (Nasdaq: TQNT) for $1.59 billion, a so-called "merger of equals" that should return the company to profitability.
- [By Volcano Steve]
Other companies such as TriQuint (TQNT) and Broadcom (BRCM) are reporting results with "strong mobile demand" and "higher-than-anticipated sales of cellular system-on-chip (SOC) and touch controllers." More famously, Apple (AAPL) has announced record sales for its ARM-inside iPhone 5S model introduced last month. Investors and analysts already knew that ARM reports royalty revenue a quarter in arrears, so any gains from iPhone 5S sales will not start to be seen until ARM´s next quarterly report and were not expected to be a factor in this report.
- [By Selena Maranjian]
Among holdings in which Graham Capital Management increased its stake was TriQuint Semiconductor (NASDAQ: TQNT ) . The stock recently received an upgrade to "buy" from analysts at Charter Equity, but my colleague Rich Smith thinks the stock is still overvalued. Anyone thinking the stock is on the rich side won't be happy about the company's stock-buyback plans. Its last earnings report was disappointing, but management sees better days ahead due to the introduction of many new products, along with a growing market.
- [By Eric Volkman]
TriQuint Semiconductor (NASDAQ: TQNT ) is aiming to boost the value of its shares with a fresh repurchase scheme. The firm announced it has authorized the buyback of up to $75 million worth of its common stock. This will be bought "from time to time in the open market at prevailing market prices or through privately negotiated transactions at the discretion of Company management."
Top 10 Information Technology Companies To Invest In Right Now: Louisiana-Pacific Corp (LPX)
Louisiana-Pacific Corporation, incorporated on July 20, 1972, is a manufacturer of building products. The Company operates in four segments: North America Oriented Strand Board (OSB); Siding; Engineered Wood Products (EWP), and South America. As of December 31, 2012, the Company owned 21 modern located facilities in the United States and Canada, two facilities in Chile and one facility in Brazil. The Company also operates three facilities through joint ventures, for which it is the provider of product distribution for North America and participate in a joint venture operation that produces cellulose insulation in multiple facilities. The Company�� products are used primarily in new home construction, repair and remodeling, and manufactured housing. In May 2013, Canfor Corp announced that it has completed the sale of its 50% interest in the Peace Valley Oriented Strand Board (OSB) joint venture in Fort St. John, B.C., to Louisiana-Pacific Corp (LP).
OSB
The Company�� OSB segment manufactures and distributes OSB structural panel products. OSB is a smart product made from wood strands arranged in layers and bonded with resin. OSB serves many of the same uses as plywood, including roof decking, sidewall sheathing and floor underlayment. During the year ended December 31, 2012, OSB accounted for approximately 58% of the structural panel consumption in North America.
Siding
The Company�� siding offerings are of two categories: SmartSide siding products and related accessories; and CanExel siding and accessory products. Its SmartSide products consist of a line of wood-based sidings, trim, soffit and fascia. Its CanExel siding and accessory product offerings include a number of pre-finished lap and trim products in a variety of patterns and textures. Additionally, minor amounts of commodity OSB are produced and sold in this segment.
Engineered Wood Products
The Company�� Engineered Wood Products (EWP) segment manufactures! and distributes laminated veneer lumber (LVL), I-Joists, laminated strand lumber (LSL) and other related products. This segment also includes the sale of I-Joist produced by its joint venture with Resolute Forest Products (formerly AbitibiBowater) and LVL sold under a contract manufacturing arrangement.
South America
The Company�� South American segment manufactures and distributes OSB and siding products in South America and certain export markets. This segment also distributes and sells related products to augment the transition to wood frame construction.
Other Products
The Company�� other products category includes its decorative moulding and its joint venture that produces cellulose insulation. Additionally, it other products category includes its remaining timber and timberlands, and other minor products, services and closed operations.
Advisors' Opinion:- [By Dan Caplinger]
In Weyerhaeuser's report, watch for the company to discuss any plans for potential buyout activity. With tight supplies, smaller rivals Louisiana-Pacific (NYSE: LPX ) or Potlatch (NASDAQ: PCH ) might make good targets for the larger Weyerhaeuser or Plum Creek to look at for expansion. Even though those companies have seen their shares rise dramatically as well, it might be worth paying up in order to secure long-term assets that could produce strong growth for Weyerhaeuser.
Top 10 Information Technology Companies To Invest In Right Now: American Homes 4 Rent (AMH)
American Homes 4 Rent, incorporated on October 19, 2012, is an internally managed Maryland real estate investment trust (REIT). The Company is focused on acquiring, renovating, leasing and operating single-family homes as rental properties.
As of September 30, 2013, the Company owned 21,267 properties in desirable markets in 22 states including Cincinnati, Ohio; Columbus, Ohio ; Raleigh, North Carolina, Charlotte, North Carolina, Houston, Texas , Chicago, Illinois; Indianapolis, Indiana; Nashville, Tennessee ; Dallas / Fort Worth, Texas , and Columbia, South Carolina. In addition to single-family properties, the Company also focuses to invest in condominium units, townhouses and real estate-related debt investments.
Advisors' Opinion:- [By Mark Holder]
After an initial bump in Silver Bay, the stock has had a horrible 2013, now trading close to all-time lows. Recently, a couple of other IPOs in the sector have come to market with weak receptions. Both American Homes 4 Rent (NYSE: AMH ) and American Residential Properties (NYSE: ARPI ) offer different twists to the general thesis of investing in single-family rental properties to take advantage of the weakness in housing prices and the increased demand for rentals.
- [By Matt Koppenheffer and David Hanson]
In this segment of The Motley Fool's financials-focused show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss some of their favorite tweets of the day. Among the companies covered are Silver Bay (NYSE: SBY ) , American Homes 4 Rent (NYSE: AMH ) , and Wal-Mart (NYSE: WMT ) .
- [By Will Ashworth]
PSA fills a need that�� not likely to disappear. In the latest fiscal year ended Dec. 31, 2013, PSA generated core funds from operations of $7.44 — 11.4% higher than in 2012. Same-store rental income increased 5.4% year-over-year due to higher rents and higher occupancies. It�� a winning combination that over time has proved successful. Although it�� only yielding 3.3% at the moment, it�� a very stable stock, having seen a negative return just once in the past decade. I like its odds.
Pure-Play REITs: American Homes 4 Rent (AMH)This is the brand child of Public Storage founder Wayne Hughes, who started the company in 2011 to take advantage of falling prices in the single-family home market. Private equity firms such as�Blackstone Group (BX), Hughes and others have been actively buying up houses on the cheap with plans to rent them out until prices rise to the point where they��e no longer worth holding on to. As a result of this intense competition, prices have risen faster than anticipated — slowing the number of home purchases made by institutional investors.
Top 10 Information Technology Companies To Invest In Right Now: A-Cap Resources Ltd (ACB)
A-Cap Resources Limited is an Australia-based mineral exploration company. The Company�� principal activity during the fiscal year ended June 30, 2012 (fiscal 2012), is exploration of its tenement portfolio in Botswana and the ongoing feasibility studies into the Letlhakane Uranium Project. The Company focuses on investment in Botswana in Southern Africa, where it holds over 5000 square kilometer of exploration licenses. The Company�� projects include Botswana project, Letlhakane project, Mea-Coal project, Bolau-Coal project and Southern Pans project. The Company�� 100% owned Letlhakane Uranium Project is located in northeast Botswana. In July 2012, A-Cap announced the discovery of two new coal projects in Botswana, transforming the Company into a multi-commodity exploration outfit. Advisors' Opinion:- [By John Heinzl]
You'll notice that these numbers don't add up to $1.4988. That's because the 2012 distribution also contained a hefty chunk of return of capital (70.489 cents). ROC isn't taxable immediately; rather, it is subtracted from the adjusted cost base (ACB) of the units, which gives rise to a larger capital gain, or smaller capital loss, when the units are ultimately sold. Many REITs and mutual funds also distribute ROC. ROC can be a bit of a headache for investors. If you hold BIP in a non-registered account, you (or your accountant), will need to track those ROC payments in order to keep your ACB up to date. Knowing the ACB is necessary to calculate your capital gain, or loss, when it comes time to sell.
Top 10 Information Technology Companies To Invest In Right Now: Jacksonville Bancorp Inc. (JXSB)
Jacksonville Bancorp, Inc. operates as the holding company for Jacksonville Savings Bank that provides various banking products and services in Illinois. Its deposit products include interest-bearing and non interest-bearing checking accounts, savings accounts, money market accounts, term certificate accounts, individual retirement accounts, and certificates of deposit. The company?s loan portfolio comprises one-to four-family mortgage loans; commercial and agricultural real estate, and multi-family residential real estate loans; commercial and agricultural business loans; and consumer loans, such as home equity loans and lines of credit, and automobile loans. It operates through its main office, as well as through six branches located in Jacksonville, Virden, Litchfield, Chapin, and Concord, Illinois. The company was founded in 1916 and is based in Jacksonville, Illinois. Jacksonville Bancorp, Inc. is a subsidiary of Jacksonville Bancorp, MHC.
Advisors' Opinion:- [By Traders Reserve]
Jacksonville Bancorp (JXSB), based in Illinois, owns a loan portfolio comprised of one-to four-family residential real estate; commercial and agricultural real estate; multi-family residential real estate loans; commercial and agricultural business loans; home equity loans and lines of credit.
Top 10 Information Technology Companies To Invest In Right Now: Marriott Vacations Worldwide Corp (VAC)
Marriott Vacations Worldwide Corporation, incorporated on June 21, 2011, is a developer, marketer, seller and manager of vacations ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is also the global developer, marketer and seller of vacations ownership and related products under the Ritz-Carlton Destination Club brand, and the Company has the non-exclusive right to develop, market and sell whole ownership residential products under the Ritz-Carlton Residences brands. The Ritz-Carlton Hotel Company, L.L.C. (Ritz-Carlton), a subsidiary of Marriott International, generally provides on-site management for Ritz-Carlton branded properties.
As of December 28, 2012, the Company had 64 vacation ownership resorts in the United States and nine other countries and territories and approximately 421,000 owners of its vacation ownership and residential products. The Company offers the majority of its products through two points-based ownership programs: Marriott Vacation Club Destinations(MVCD) and Marriott Vacation Club, Asia Pacific.
The Company designs , build, manage and maintains its properties at upscale and luxury levels in accordance with the Marriott and Ritz-Carlton brand standards that the Company must comply with under the License Agreements. The Company offers its products under four brands: Marriott Vacation Club, Grand Residences, Ritz-Carlton Destination Club and Ritz-Carlton Residences.
The Marriott Vacation Club brand is the Company's signature offering in the upscale tier of the vacation ownership industry. Marriott Vacation Club resorts typically combine many of the comforts of home, such as spacious accommodations with one, two and three bedroom options, living and dining areas, in-unit kitchens and laundry facilities, with resort amenities such as feature swimming pools, restaurants and bars, convenience stores, fitness facilities and spas, as well as sports and recreation facilities appro! priate for each resort's location.
Grand Residences by Marriott is an upscale tier vacation ownership and whole ownership residence brand. The accommodations for this brand are similar to those the Company offers under the Marriott Vacation Club brand. The time period for each Grand Residences by Marriott vacation ownership interest ranges between three and thirteen weeks. The Company also offers whole ownership residential products under this brand.
The Ritz-Carlton Destination Club is a luxury tier vacation ownership brand. The Ritz-Carlton Destination Club provides luxurious vacation experiences commensurate with the legacy of the Ritz-Carlton brand. Ritz-Carlton Destination Club resorts typically feature two, three and four bedroom units that generally include marble foyers, walk-in closets and custom kitchen cabinetry, and luxury resort amenities, such as feature pools and access to full service restaurants and bars. The on-site services, which usually include daily maid service, valet, in-residence dining, and access to fitness facilities as well as spa and sports facilities as appropriate for each destination, are delivered by Ritz-Carlton.
The Ritz-Carlton Residences is a luxury tier whole ownership residence brand. The Ritz-Carlton Residences include whole ownership luxury residential condominiums and home sites for luxury home construction co-located with Ritz-Carlton Destination Club resorts. Owners can typically purchase condominiums that vary in size from one-bedroom apartments to spacious penthouses. Ritz-Carlton Residences owners can avail themselves of the services and facilities that are associated with the co-located Ritz-Carlton Destination Club resort on an a la carte basis. On-site services are delivered by Ritz-Carlton.
Advisors' Opinion:- [By Michael Lewis]
It may be surprising�to�hear that hospitality and tourism are the fastest-growing industries in the world. One of the biggest names in the industry, unsurprisingly, is Marriott, which represents a variety of names in hotels, motels, and resorts around the world. As a spin-off from Marriott In late 2011,�Marriott Vacations Worldwide (NYSE: VAC ) �is a business that specializes in vacation ownership, otherwise known as timeshares. While thoughts of the quintessential timeshare salesman may bring a sting to your gut, this business offers investors bright prospects on the back of a booming industry. Here's what you need to know about Marriott Vacations.
- [By Lawrence Meyers]
So, which timeshare stocks are the ones to buy? Read on.
Marriott Vacations Worldwide (VAC)Marriott Vacations Worldwide (VAC) is a great starting point for timeshare stocks. It holds 62 properties made up of 12,829 villas, held by 420,000 customers across the U.S. and nine other countries.
- [By GuruFocus]
Marriott Vacations Worldwide Corp (VAC): President and CEO Stephen P. Weisz Bought 8,000 Shares
President and CEO of Marriott Vacations Worldwide Corp (VAC) Stephen P. Weisz bought 8,000 shares during the past week at an average price of $43.60. Marriott Vacations Worldwide Corporation is a Delaware Corporation. Marriott Vacations Worldwide Corp has a market cap of $1.54 billion; its shares were traded at around $43.60 with a P/E ratio of 30.67 and P/S ratio of 0.94.
Top 10 Information Technology Companies To Invest In Right Now: FX Energy Inc (FXEN)
FX Energy, Inc. is an independent oil and gas exploration and production company with production, appraisal, and exploration activities in Poland. The Company operates within two segments of the oil and gas industry: the exploration and production (E&P) segment in Poland and the United States, and the oilfield services segment in the United States. The Company also has oil production, oilfield service activities, and a shale acreage position in the United States. During the year ended December 31, 2011, its oil and gas production was 4.4 billion cubic feet of natural gas (12.0 million cubic feet equivalent per day). The Company concentrates its exploration operations in Poland primarily on the Rotliegend sandstones of the Permian Basin. The Company has identified a core area consisting of approximately 852,000 gross acres surrounding PGNiG�� producing Radlin field.
Activities and Presence in Poland
The Company conducts its activities in Poland in project areas, including Fences, Blocks 287, 246, and 229 near the Fences concession, Warsaw South, Kutno, Northwest, and Edge. In the Fences during 2011, it completed the Lisewo-1 well as a commercial well and drilled the Plawce-2 well in a tight sand area. In its other concessions it drilled the Machnatka-2 well, a noncommercial Zechstein/Carboniferous test, in the Warsaw South concession, and started drilling the Kutno-2 well, a deep Rotliegend test, in the Kutno concession. The Fences concession area encompasses 852,000 gross acres (3,450 square kilometers) in western Poland�� Permian Basin. The Fences concession area encompasses 852,000 gross acres (3,450 square kilometers) in western Poland�� Permian Basin. The Company has drilled 11 conventional wells targeting Rotliegend structures through the date of this filing. Eight of these wells are commercial. The Company is produce from four of these eight wells.
The Block 287 concession area is 12,000 acres (50 square kilometers) located approximately 25 miles so! uth of the Fences concession area. The Company owns 100% of the exploration rights. As of December 31, 2011, it has reentered only the Grabowka-12 well. During 2011, it produced at an average daily rate of approximately 0.2 million cubic feet of natural gas per day. The Company has a 100% interest in a concession south of its Fences project area covering approximately 241,000 acres (975 square kilometers). The Company hold a 51% interest in a total of 874,000 acres (3,538 square kilometers.) in east-central Poland. During 2011, it entered into a farmout agreement with PGNiG under which it earned a 49% interest in the entire Warsaw South concession in return for paying certain seismic and drilling costs. It subsequently drilled the Machnatka-2 well to test Zechstein and Carboniferous potential in the western part of the concession area.
The Company holds a 100% interest in 706,000 acres (2,856 square kilometers). The area encompasses a Rotliegend structure (Kutno) with projected four-way dip closure. It started drilling the Kutno-2 well during 2011. It hold concessions on 828,000 acres (3,351 square kilometers) in west-central Poland, in Poland�� Permian Basin directly north of PGNiG�� BMB and MLG oil and gas fields. The Company has a 100% interest in four concessions in north-central Poland covering approximately 881,000 acres (3,567 square kilometers). As of December 31, 2011, it held oil and gas exploration rights in Poland in separately designated project areas encompassing approximately 4.6 million gross acres. The Company is the operator in all areas, except its 852,000 gross-acre core Fences project area, in which it hold a 49% interest in approximately 807,000 acres and a 24.5% interest in the remaining 45,000 acres.
U.S. Activities and Presence
The operations consist of shallow, oil-producing wells in the Southwest Cut Bank Sand Unit (SWCBSU), of Montana. Its oil wells produce approximately 155 barrels of oil per day, net to its interest. From its fie! ld office! in Montana, the Company also provides oilfield services. The Company produces oil from approximately 10,732 gross (10,418 net) acres in Montana and 400 gross (128 net) acres in Nevada. In 2011, the Company entered into a joint venture with two other companies, American Eagle Energy, Inc., and Big Sky Operating LLC, in which it pooled our approximately 10,000 net acres in our SWCBSU with their approximately 65,000 net acres, the Americana leases, along with a farmout agreement that provides the group with an ability to earn an interest in an additional 7,000 acres covered by the Somont leases. During 2011, it drilled three vertical wells on joint venture acreage to obtain log and core data. The Company also drilled a 3,600-foot lateral from one of these three wells, the Anderson 14-29, and carried out a multistage fracture. The Company is testing oil potential in the Anderson 14-29 well. The Company has a one-third working interest in all formations below the Cut Bank in its SWCBSU.
Advisors' Opinion:- [By Roberto Pedone]
Another energy player that's starting to trend within range of triggering a major breakout trade is FX Energy (FXEN), which is an independent oil and gas exploration and production company with principal production, reserves and exploration in Poland and oil production, oilfield service and exploration activities in the U.S. This stock is off to a slow start in 2013, with shares off by 14%.
If you take a look at the chart for FX Energy, you'll notice that this stock has been trending sideways inside of a consolidation chart pattern for the last two months and change, with shares moving between $2.93 on the downside and $3.98 on the upside. Shares of FXEN are now starting to bounce higher off its 50-day moving average of $3.36 share, and it's quickly moving within range of triggering a major breakout trade above the upper-end of its recent range.
Traders should now look for long-biased trades in FXEN if it manages to break out above some key near-term overhead resistance levels at $3.62 to $3.71 a share and then above more resistance at $3.98 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action 377,632 shares. If that breakout hits soon, then FXEN will set up to re-test or possibly take out its next major overhead resistance levels at $4.50 to $4.76 a share. Any high-volume move above those levels will then give FXEN a chance to tag or trend above $5 a share.
Traders can look to buy FXEN off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $3.15 or $2.93 a share. One could also buy FXEN off strength once it takes out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By James E. Brumley]
I hate to be the one to say I told you so, but, I told you so. Within the past week I suggested both FX Energy, Inc. (NASDAQ:FXEN) and MeetMe Inc. (NYSEMKT:MEET) were on the verge of breakouts, and sure enough, both are making good on that promise today; FXEN is up 5%, and MEET shares are higher by nearly 13%. Granted, the market's bullish tide is helping... a little. But, with both of these stocks outpacing the market's gain today, odds are that we would have seen these breakout moves anyway.
- [By Roberto Pedone]
An under-$10 energy player that's trending very close to triggering a major breakout trade is FX Energy (FXEN), which is an independent oil and gas exploration and production company with principal production, reserves and exploration in Poland and oil production, oilfield service and exploration activities in the U.S. This stock has been under selling pressure so far in 2013, with shares off by 12.6%.
If you take a look at the chart for FX Energy, you'll notice that this stock recently formed a double bottom chart pattern at $2.82 to $2.93 a share. Following that bottom, shares of FXEN are now starting to uptrend and push back above its 50-day moving average of $3.41 a share. That move is quickly pushing shares of FXEN within range of triggering a major breakout trade above a key downtrend line that started back in late May.
Traders should now look for long-biased trades in FXEN if it manages to break out above its 200-day moving average at $3.75 a share and then once it takes out more near-term overhead resistance at $3.98 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 478,408 shares. If that breakout triggers soon, then FXEN will set up to re-test or possibly take out its next major overhead resistance levels at $4.50 to $4.76 a share. Any high-volume move above those levels will then put its May high at $6.18 into range for shares of FXEN.
Traders can look to buy FXEN off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $3.11 to $2.93 a share. One can also buy FXEN off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.