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3 Energy Stocks Crushed By the
Market This Week
It was a mixed week for energy
stocks. While many enjoyed
solid gains as oil prices
continued to rebound, others
fell on h...
What:
Shares of coal producer Peabody Energy (NYSE: BTU) burned investors
this week as its stock sank 14%.
So What:
 Key driver: Peabody
Energy reported first
quarter results on
Thursday
 Revenue: $1.5 billion
(down 5.5% year-o...
Now What:
 Peabody missed estimates
due to lower coal prices and
declining Chinese demand
 To make matters worse it
issu...
What:
Shares of the marine oilfield services company GulfMark Offshore sank
more than 14% this week.
So What:
 Key driver: Gulfmark
reported first quarter
results on Tuesday
 Revenue: $89.1 million
(down 25.5% year-over-
...
Now What:
 GulfMark’s sell-off was really
fueled by its very weak second
quarter guidance
 Company expects sales of $70-...
What:
Units of mineral reserve MLP Natural Resource Partners (NYSE: NRP)
were crushed this week.
So What:
 Key driver: Natural
Resource Partners cut its
distribution 75% on
Wednesday
 The cut will save the
company $13...
Now What:
 After years of accelerated growth
and diversification, the
company’s debt level has gotten
out of hand
 It is...
This $19 trillion industry could destroy the Internet
One bleeding-edge technology is about to put the World Wide Web to b...
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3 Energy Stocks Crushed By the Market This Week

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The market reacted very negatively to news releases by GulfMark Offshore, Inc., Peabody Energy Corporation and Natural Resource Partners LP.

Published in: Economy & Finance
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3 Energy Stocks Crushed By the Market This Week

  1. 1. 3 Energy Stocks Crushed By the Market This Week
  2. 2. It was a mixed week for energy stocks. While many enjoyed solid gains as oil prices continued to rebound, others fell on hard times. Here’s a closer look at three companies that really had a tough week. Photo credit: TaxRebate.org.uk
  3. 3. What: Shares of coal producer Peabody Energy (NYSE: BTU) burned investors this week as its stock sank 14%.
  4. 4. So What:  Key driver: Peabody Energy reported first quarter results on Thursday  Revenue: $1.5 billion (down 5.5% year-over- year)  EPS: -$0.62  Both missed estimates
  5. 5. Now What:  Peabody missed estimates due to lower coal prices and declining Chinese demand  To make matters worse it issued disappointing guidance  Takeaway: Not much going right for coal producers these days and Peabody doesn’t see that changing anytime soon
  6. 6. What: Shares of the marine oilfield services company GulfMark Offshore sank more than 14% this week.
  7. 7. So What:  Key driver: Gulfmark reported first quarter results on Tuesday  Revenue: $89.1 million (down 25.5% year-over- year)  EPS: -$0.20  While earnings beat estimates, revenue missed
  8. 8. Now What:  GulfMark’s sell-off was really fueled by its very weak second quarter guidance  Company expects sales of $70- $75 million vs. analyst consensus of $95 million  Takeaway: GulfMark is really struggling due to oil industry volatility and doesn’t have much visibility on future earnings
  9. 9. What: Units of mineral reserve MLP Natural Resource Partners (NYSE: NRP) were crushed this week.
  10. 10. So What:  Key driver: Natural Resource Partners cut its distribution 75% on Wednesday  The cut will save the company $130 million in annual cash flow  That cash will be used to reduce its debt
  11. 11. Now What:  After years of accelerated growth and diversification, the company’s debt level has gotten out of hand  It is now seeking to cut its debt by $500 million by 2017, which will bring its debt to adjusted EBITDA from 4.9 times as of the end of 2014 to 3.5 times by the end of 2017  Takeaway: A better balance sheet will put the company in a better position for long-term growth
  12. 12. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it "transformative"... But you'll probably just call it "how I made my millions." Don't be too late to the party -- click below for one stock to own when the Web goes dark.

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