Why the Upgrade?
We expect TC PipeLines��purchase of additional stakes in two major U.S. gas systems from parent TransCanada Corp. (TRP) to be immediately accretive to earnings and distributable cash. We also like TC PipeLines��steady cash-flow generating pipeline assets, which provide stability and financial capacity to deliver cash distributions in a disciplined manner.
Detailed Analysis
With its investments in low-risk energy infrastructure assets, TC PipeLines has been able to provide stable cash distributions. Over the last few years, the partnership has consolidated its business through a combination of organic efforts and accretive acquisitions.
Of particular significance is its stake in the Northern Border Pipeline, a key player in natural gas transportation from western Canada to the U.S Midwest. Northern Border�� market share position enables it to maintain strong relationships with shippers. Coupled with continued robust demand for Canadian gas in the U.S., this should help the partnership with re-contracting its pipeline capacity.
Top 5 Penny Stocks To Own Right Now: Etablissements Maurel et Prom SA (MAU)
Etablissements Maurel et Prom SA is a France-based company engaged in the exploration and production of hydrocarbons (oil and gas), and in oil drilling activities. Its main activities comprise geological surveys, seismic acquisition and processing, geophysical interpretation and drilling. The Company pursues its activities mainly in Africa and Latin America, but it also has its businesses in Gabon, Senegal, Congo, Mozambique, Syria, Tanzania, Colombia, Peru, Venezuela, France and Italy. Maurel & Prom SA operates through its direct and indirect subsidiaries, including M&P Venezuela SAS, Prestoil Kouilou, Maurel & Prom Peru Holdings, Maurel & Prom Tanzanie Ltd and Panther Eureka SRL, among others. In December, 2013, the Company the acquisition of all of the shares of Caroil SAS (excluding the South American business of Caroil) from Tuscany International Drilling Inc. and has sold all of its 109,000,000 common shares of Tuscany to an entity incorporated in the Cayman Islands. Advisors' Opinion:- [By Riddhi Kharkia]
Since I have touched the topic of metrics, it is worthwhile to note that Twitter�� monthly active users (MAU) number stands at 57 million as compared to approximately 1.23 billion MAUs for Facebook. Monthly active user growth ticked up just 6% for Twitter on a sequential basis, while monthly active users fell 8% year over year. Even in terms of quarterly results, Facebook was miles ahead of Twitter, which was also a factor behind the sell-off in Twitter stock.
Top Energy Stocks To Own Right Now: MineralRite Corp (RITE)
MineralRite Corporation, formerly Royal Quantum Group Inc., incorporated on October 22, 1996, is a development-stage company. The Company is engaged in the acquisition, exploration and development of oil and gas and mineral properties. During the year ended December 31, 2009, the Company acquired a 36% interest in the drilling and development of the Gleason 4-16 well located in Oklahoma. In April 2013, it acquired the entire share capital of Goldfield International Inc.
The Company owns 100% interest in 1,540 acres that consist of 77 claims of prospective uranium property. The prospective uranium property is located adjacent to the Sheep Mountain Mine in Fremont County, Central Wyoming, approximately 90 miles southwest of Casper, Wyoming.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks MineralRite Corp (OTCMKTS: RITE), New China Global Inc (OTCMKTS: NCGI) and Metrospaces Inc (OTCMKTS: MSPC) have all been getting some extra attention lately in various investment newsletters thanks to a few paid promotions. Of course, there is nothing wrong with properly disclosed promotions or investor relations type of activities, but they can and often do backfire on unwary investors and traders alike. So how hot are these three small caps for investors? Here is a quick reality check:
Top Energy Stocks To Own Right Now: Range Resources Corporation(RRC)
Range Resources Corporation, an independent natural gas company, engages in the acquisition, exploration, and development of natural gas properties primarily in the Appalachian and southwestern regions of the United States. The company?s Appalachian region drilling and producing activities include tight-gas, shale, coal bed methane, and conventional natural gas and oil production in Pennsylvania, Virginia, Ohio, and West Virginia. It owns 4,969 net producing wells, approximately 2,750 miles of gas gathering lines, and approximately 1.8 million gross acres under lease. The company?s Southwestern drilling and producing activities cover the Barnett Shale of North Texas, the Permian Basin of West Texas and eastern New Mexico, the East Texas Basin, the Texas Panhandle, and the Anadarko Basin of Western Oklahoma. It owns 1,954 net producing wells, as well as approximately 886,000 gross acres under lease. As of December 31, 2010, Range Resources Corporation had had 4.4 Tcfe of pr oved reserves. It sells gas to utilities, marketing companies, and industrial users. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.
Advisors' Opinion:- [By Travis Hoium]
What: Shares of Range Resources (NYSE: RRC ) jumped as much as 12% today after reporting earnings.
So what: Management said that second-quarter revenue jumped 50% to $673.4 million, and that it earned $0.34 per share. Expectations were for just $420 million in revenue and profit of $0.32 per share, so the results were far better than expected.
- [By Arjun Sreekumar]
After Range Resources (NYSE: RRC ) paved the way by becoming the first company to apply hydraulic fracturing techniques to recover natural gas in the Marcellus shale of Pennsylvania, Cabot Oil & Gas (NYSE: COG ) followed in its pioneering footsteps by recently becoming the first company to use "field" natural gas in northeastern Pennsylvania to fracture wells ��-a feat it accomplished by using engines that can run on either natural gas or diesel.
- [By Tyler Crowe]
With natural gas prices back on the upswing today, those same companies that had written down their assets in 2012 can start to put them back on the books. This is why�Range Resources (NYSE: RRC ) and Cabot Oil & Gas (NYSE: COG ) both have reserve replacement costs below $6.25, one-fifth of the industry average. Both of these companies have very natural gas-heavy portfolios, so as gas prices go back up, they can put these assets back on their books without spending any money on further exploration or acquisitions.
Top Energy Stocks To Own Right Now: Surge Energy Inc (ZPTAF.PK)
Surge Energy Inc. is an oil focused exploration and production (E&P) company. The Company has projects in Southern Saskatchewan/the Williston Basin, SE Alberta and Valhalla/Nipisi. In January 2014, Surge Energy Inc. announced the SE Saskatchewan light oil acquisition. Advisors' Opinion:- [By Value Digger]
In late January 2013, I wrote an article about Surge Energy (ZPTAF.PK), an oil-weighted intermediate producer with operations in Canada and US. It was when the price dropped below $4. Actually, I recommended Surge Energy back then at $3.7, for the reasons mentioned here.
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