Think about how much data the average individual tries to access on any given day. To put this into perspective, when people want to look up something on the Internet, they don’t “surf the Web,” they “Google it.” The demand placed on companies for storage and retrieval of data is becoming gigantic.
Last week, the cloud technology team from Cowen & Co. attended 451 Group�� Hosting and Cloud Transformation Summit in Las Vegas. During the two-day event the analysts met with several chief technology officers and financial sponsors, and they attended several panel discussions. In a new research report, they pointed out that mergers and acquisitions in the space could be right around the corner. They also highlighted several names within their coverage universe as solid ways for investors to play “the cloud.”
Akamai Technologies Inc. (NASDAQ: AKAM) has been able to offer scalable benefits associated with offloading services from client infrastructures, allowing clients to have fewer hard assets in place while providing an ongoing revenue stream for Akamai. This translates into more than 125,000 servers operating dedicated, hybrid cloud and true cloud servers to provide IT and, increasingly, security services in a vast array of companies across a widely diversified group of industries. With an impressive client list that grows each quarter, the company is firing on all cylinders. The Thomson/First Call price objective for the stock is $53.50. Akamai closed Thursday at $51.16.
5 Best Consumer Service Stocks To Watch Right Now: Maverick Minerals Corp (MVRM)
Maverick Minerals Corporation (Maverick), incorporated on August 27, 1998, is an exploration-stage company. The Company is engaged in the acquisition, exploration, and development of prospective oils and gas properties and mineral properties. During the year ended December 31, 2011, the Company's business focus was to implement the terms of the Farmout Agreement pursuant to which were to earn an interest in certain oil and gas mineral leases located in Fort Bend and Wharton Counties, Texas.
The Company�� subsidiary includes Eskota Energy Corporation. On January 22, 2011, the Company completed drilling of its Initial Test Well on the Company's 4,513 acre Farm-Out property in Fort Bend County, Texas. As of December 31, 2011, the Company had not generated any revenues.
Advisors' Opinion:- [By Peter Graham]
On Friday, small cap mining stocks Maverick Minerals Corp (OTCMKTS: MVRM) and Liberty Coal Energy Corp (OTCMKTS: LBTG) plus oil stock Gray Fox Petroleum Corp (OTCBB: GFOX) sank 30.9%, 16.67% and 11.2%, respectively. However, only one of these stocks appears to have been the subject of some kind of paid promotion in the form of an investment in some shares. So will these three small cap mining or oil stocks keep coming up empty for investors this week? Here is a closer look:
Maverick Minerals Corp (OTCMKTS: MVRM) Has Been Quiet LatelySmall cap Maverick Minerals Corp is an exploration stage company involved in the acquisition, exploration, and development of prospective oil and gas properties and mineral properties. On Friday, Maverick Minerals Corp sank 30.9% to $0.38 for a market cap of $6.13 million plus MVRM is up 280% over the past year and up 322.2% over the past five years according to Google Finance.
Top 10 Gas Stocks To Buy For 2014: Apache Corporation(APA)
Apache Corporation, together with its subsidiaries, engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company has exploration and production interests in the Gulf of Mexico, the Gulf Coast, east Texas, the Permian basin, the Anadarko basin, and the Western Sedimentary basin of Canada; and onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego. Apache Corporation sells its natural gas to local distribution companies, utilities, end-users, integrated oil and gas companies, and marketers; and crude oil to integrated oil companies, marketing and transportation companies, and refiners. As of December 31, 2009, it had total estimated proved reserves of 1,067 million barrels of crude oil, condensate, and natural gas liquids, as well as 7.8 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.
Advisors' Opinion:- [By Mike Deane]
Apache Corp (APA)�reported its first quarter earnings before the opening bell on Thursday morning, posting results that easily beat analysts’ earnings estimates
APA�� Earnings in Brief
Apache�reported first quarter revenues of $3.68 billion, lower than last year’s Q1 revenues of $3.95 billion Adjusted net income�for the quarter came in at $753 million, or $1.92 per share, which is down slightly from last year’s Q1 net income of $759 million, or $1.94 per share. APA beat analysts’ estimates of $1.62 EPS on revenues of $3.56 billion.CEO Commentary
Apache chairman, CEO and president�G. Steven Farris�had the following comments:�“A record-setting performance by our Permian Region continues to drive strong overall results for the company. We remained the most active driller in onshore North America, operating an average of 82 rigs during the quarter.”
APA�� Dividend
Apache most recently announced a dividend raise in February for its May 22 payout. The company raised its quarterly dividend to 25 cents from 20 cents. We expect the company to declare its next dividend in the coming weeks.
Stock Performance
Apache stock was inactive in pre-market trading. YTD, the company’s stock is up 2.67%.
APA Dividend SnapshotAs of Market Close on May 7, 2014
Click here to see the complete history of APA dividends.
Top 10 Gas Stocks To Buy For 2014: Transocean Ltd (RIGN.VX)
Transocean Ltd. (Transocean) is an international provider of offshore contract drilling services for oil and gas wells. The Company operates in two segments: contract drilling services and other operations. Contract drilling services, the Company�� primary business, includes contracting Transocean�� mobile offshore drilling fleet, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. Its other operations segment includes drilling management services, and oil and gas properties. It participates in oil and gas exploration and production activities. In November 2010, it purchased a PPL Pacific Class 400 design High-Specification Jackup, which is under construction at PPL Shipyard Pte Ltd. in Singapore. Subsequent to the year ended December 31, 2010, it completed the sale of the High-Specification Jackup Trident 20. On October 4, 2011, the Company acquired, through Transocean Services AS, Aker Drilling ASA.
During 2010, the Company completed the sale of two Midwater Floaters, GSF Arctic II and GSF Arctic IV. As of February 10, 2011, Transocean owned, had partial ownership interests in or operated 138 mobile offshore drilling units. As of February 10, 2011, Transocean�� fleet consisted of 47 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh Environment semisubmersibles and drillships), 25 Midwater Floaters, nine High-Specification Jackups, 54 Standard Jackups and three Other Rigs. In addition, the Company had one Ultra-Deepwater Floater and three High-Specification Jackups under construction. During 2010, the Company completed construction of five Ultra-Deepwater newbuilds, four of which have commenced their respective contracts. As of December 31, 2010, it held 50% interest in Transocean Pacific Drilling Inc. (TPDI), 65% interest in Angola Deepwater Drilling Company Limited (ADDCL) and a 50% interest in Overseas Drilling Limited (ODL).
Drilling Fleet
Transocean principally operates three types of drilling rig! s: drill ships, semisubmersibles and jackups. Also included in its fleet are barge drilling rigs and a coring drillship. Its fleet includes High-Specification Floaters, which consists of the Company�� Ultra-Deepwater Floaters, Deepwater Floaters and Harsh Environment Floaters; Midwater Floaters, High-Specification Jackups, Standard Jackups and Other Rigs. High-Specification Floaters are specialized offshore drilling units that it categorizes into three sub-classifications. Ultra-Deepwater Floaters are equipped with high-pressure mud pumps and are capable of drilling in water depths of 7,500 feet or greater. Deepwater Floaters include other semisubmersible rigs and drillships capable of drilling in water depths between 7,200 and 4,500 feet. Harsh Environment Floaters are capable of drilling in harsh environments in water depths between 5,000 and 1,500 feet and have greater displacement, which offers variable load capacity, useable deck space and better motion characteristics. Midwater Floaters consist of non-high-specification semisubmersibles that have a water depth capacity of less than 4,500 feet. High-Specification Jackups consist of its jackups, and Standard Jackups consist of the Company�� remaining jackup fleet.
As of February 10, 2011, Transocean�� fleet was located in the Far East (29 units), Middle East (17 units), West African countries other than Nigeria and Angola (16 units), United States Gulf of Mexico (14 units), United Kingdom North Sea (13 units), India (11 units), Brazil (10 units), Nigeria (seven units), Norway (five units), Angola (five units), the Mediterranean (three units), the Netherlands (three units), Australia (three units) and Canada (two units). As of February 10, 2011, its four rigs under construction included Deepwater Champion, Transocean Honor, High-Specification Jackup TBN1 and High-Specification Jackup TBN2. As of February 10, 2011, the Company�� Midwater Floaters included Sedco 700, Transocean Amirante, Transocean Legend, GSF Arctic I, C. Kirk Rhe! in, Jr. a! nd GSF Rig 135. As of February 10, 2011, its High-Specification Jackups included GSF Constellation I, GSF Constellation II, GSF Galaxy I, GSF Galaxy II, GSF Galaxy III and GSF Baltic. As of February 10, 2011, the Company�� Standard Jackups included Trident IX, GSF Adriatic II, GSF Adriatic IX, GSF Adriatic X, GSF Key Manhattan, GSF Key Singapore, GSF Adriatic VI and GSF Adriatic VIII.
Contract Drilling Services
Transocean�� primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. Transocean�� contracts to provide offshore drilling services are individually negotiated and vary in their terms and provisions.
Drilling Management Services
The Company provides drilling management services primarily on a turnkey basis through Applied Drilling Technology Inc., its wholly owned subsidiary, which primarily operates in the United States Gulf of Mexico, and through ADT International, a division of one of its United Kingdom subsidiaries, which primarily operates in the North Sea (together, ADTI). ADTI provides oil and gas drilling management services on a dayrate basis or a completed-project, fixed-price (or turnkey) basis, as well as drilling engineering and drilling project management services. As part of its turnkey drilling services, the Company provides planning, engineering and management services. Under turnkey arrangements, it designs and executes of a well and delivers a logged or cased hole to an agreed depth. In addition to turnkey drilling services, Transocean participates in project management operations that include providing certain planning, management and engineering services, purchasing equipment and providing personnel and other logistical services to customers.
Integrated Services
Transocean provides well and logistics services in addition to its normal drilling services through third party contractors and the Company�� employees. These o! ther serv! ices include integrated services. As of February 10, 2011, it was performing such services in India.
Oil and Gas Properties
The Company conducts oil and gas exploration, development and production activities through its oil and gas subsidiaries. It acquires interests in oil and gas properties principally in order to facilitate the awarding of turnkey contracts for Transocean's drilling management services operations. The Company�� oil and gas activities are conducted through Challenger Minerals Inc. and Challenger Minerals (North Sea) Limited (together, CMI), which hold property interests primarily in the United States offshore Louisiana and Texas and in the United Kingdom sector of the North Sea.
Advisors' Opinion:- [By Anna Prior]
Among the companies with shares expected to actively trade in Monday’s session are ViroPharma Inc.(VPHM), Transocean Ltd.(RIGN.VX) and Gogo Inc.(GOGO)
Top 10 Gas Stocks To Buy For 2014: Hess Corporation (HES)
Hess Corporation, together with its subsidiaries, operates as an independent energy company worldwide. It operates in two segments, Exploration and Production (E&P), and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports, and sells crude oil and natural gas. This segment conducts exploration and production activities principally in Algeria, Australia, Azerbaijan, Brunei, China, Denmark, Egypt, Equatorial Guinea, France, Ghana, Indonesia, the Kurdistan region of Iraq, Libya, Malaysia, Norway, Peru, the Russian Federation, Thailand, the United Kingdom, and the United States. The M&R segment purchases, markets, and trades in refined petroleum products, natural gas, and electricity. This segment serves motoring public, wholesale distributors, industrial and commercial users, other petroleum companies, governmental agencies, and public utilities. It also operates terminals and retail gasoline stations, which include convenience stores located on the East Coast of the United States. As of December 31, 2012, the company operated 1,361 HESS gasoline stations in New York, New Jersey, Pennsylvania, Florida, Massachusetts, North Carolina, and South Carolina. Hess Corporation was founded in 1920 and is headquartered in New York, New York.
Advisors' Opinion:- [By Lee Jackson]
Hess Corp. (NYSE: HES) tops the list for E&P names. The company is the second largest producer in the Bakken region. However, unlike many other operators in the region, Hess’s assets there make up less than a quarter of the company’s production and reserves. Investors are paid a 1.2% dividend. The Merrill Lynch price target for the stock is $115 and is the highest on Wall Street. The consensus estimate is set at $90.�Hess closed Monday at $80.22.
Top 10 Gas Stocks To Buy For 2014: Lonestar Resources Ltd (LNR)
Lonestar Resources Limited is an Australia-based independent oil and gas company involved in exploration, production, and acquisition of oil and gas reserves in the United States. The Company�� operations are focused onshore with primary activity in the Fort Worth Basin (Barnett Shale), Eagle Ford Shale, and the Williston Basin in Montana. The Company is active in sourcing other assets in producing areas. The Company�� Eagle Ford Shale portfolio comprises three separate assets: Beall Ranch, Asherton and Gonzo. The Company�� operations in the Williston Basin are focused on the Roosevelt County, Montana. The Company owns and operates a single lease in the Barnett Shale, a gas producing basin in North Texas. On January 2, 2013, the Company acquired Ecofin Energy Resources plc. In August 2013, the Company announced that it has sold its producing assets outside the state of Texas for its Louisiana assets and for its Oklahoma assets. Advisors' Opinion:- [By Eric Lam]
Linamar Corp. (LNR) soared 14 percent to a record C$40.72 for the biggest gain in the S&P/TSX. The Guelph, Ontario-based auto parts maker reported third-quarter adjusted profit of 80 Canadian cents a share, topping analysts��projections for 66 cents.
Top 10 Gas Stocks To Buy For 2014: Talisman Energy Inc.(TLM)
Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It primarily operates in North America, the North Sea, and southeast Asia. The company was founded in 1925 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Arjun Sreekumar]
Faced with growing uncertainty, some operators are even scaling back investments and reducing cash flow guidance. Talisman Energy (NYSE: TLM ) , Canada's sixth-largest independent oil producer, cut its capital budget forecast for the year by 25%, while Cenovus Energy (NYSE: CVE ) in December lowered its cash flow forecast for the year by 16% to as low as C$3.1 billion. And Canadian Natural Resources (NYSE: CNQ ) said that it plans to reduce spending on thermal sands production.
Top 10 Gas Stocks To Buy For 2014: UGI Corporation (UGI)
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. It distributes propane to approximately 2.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers in 50 states through 2,100 propane distribution locations; and sells, installs, and services propane appliances, including heating systems. The company also distributes liquid petroleum gas (LPG) to residential, commercial, industrial, agricultural, and automobile fuel customers for space and water heating, cooking, process heat, forklifts, transportation, construction work, manufacturing, crop drying, power generation, and irrigation; and provides logistic and storage services to third-party LPG distributors. In addition, it distributes natural gas to approximately 600,000 customers primarily in the portions of 46 eastern and central Pennsylvania counties through its distribution system of 12,000 mi les of gas mains; and supplies electricity to approximately 60,000 customers in northeastern Pennsylvania through 2,100 miles of transmission and distribution lines, and 13 transmission substations. Further, the company is involved in the retail sale of natural gas, liquid fuels, and electricity to approximately 18,000 commercial and industrial customers at approximately 43,000 locations. Additionally, it operates electric generation facilities, which include solar and landfill gas facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. The company also manages natural gas pipeline and storage contracts; and develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. In addition, it provides heating, ventilation, air conditioning, refrigeration, and electrical contracting services. The company was founded in 1882 and is based in King of Pru ssia, Pennsylvania.
Advisors' Opinion:- [By Laura Brodbeck]
Monday
Earnings Releases Expected: UGI Corporation (NYSE: UGI), Yum! Brands, Inc. (NYSE: YUM), First Bancorp. (NYSE: FBP) Economic Releases Expected: �Indian services PMI, Spanish services PMI, Italian services PMI, German services PMI, eurozone services PMI, British services PMI, German CPI, US ISM non-manufacturing PMITuesday
- [By Rich Smith]
AmeriGas Propane, the general partner of AmeriGas Partners (NYSE: APU ) and subsidiary of propane distributor UGI (NYSE: UGI ) , announced Monday that it has promoted its treasurer, Hugh J. Gallagher, to the position of company vice president for finance, and chief financial officer.
- [By Laura Brodbeck]
Monday
Earnings Releases Expected: Tyson Foods, Inc. (NYSE: TSN), UGI Corporation (NYSE: UGI), Salesforce.com Inc (NYSE: CRM Economic Releases Expected: Hong Kong unemployment rate, eurozone current account, Spanish current accountTuesday
No comments:
Post a Comment