Introduction and Overview An agreement has just been reached to drill for Brazil's offshore oil at its Libra Field, some 6,500 meters below sea level. The bidding process has been inauspicious as it results from the only offer, placed by a consortium led by Petrobras (PBR). Developing the field is projected to cost $184 billion, which leads to questions about whether it could mean business for any companies that offer equipment or expertise. The answer seems to be yes, and a firm that may benefit is Norway's Seadrill Limited (SDRL).
Petrobras is controlled by Brazil. It is affected in several ways that can be adverse to stockholders. While concerns about the corporation's profitability and future are regularly cited, it is taking strides to secure adequate resources for this project that benefits its government.
This Libra story only involves one location out of several around the globe that are favorable to offshore drillers. Some say the industry itself is poised to outperform. The Market Vectors Oil Services ETF (OIH) could make sense to investors. The fund tracks 25 international companies, with Schlumberger Ltd (SLB) comprising 20.6% of its holdings, compared to 4.3% SDRL. Even with the heavy weighting toward SLB, diversification provides safety.
Top Cheap Stocks To Invest In Right Now: Republic Airways Holdings Inc.(RJET)
Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company offers scheduled passenger services on approximately 1,500 flights daily to 133 cities in 42 states, the Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, and Mexico under branded operations and through fixed-fee airline services agreements. As of December 31, 2011, its total operational fleet consisted of 281 aircrafts. The company also offers cargo and charter services. Republic Airways Holdings Inc. was founded in 1996 and is headquartered in Indianapolis, Indiana.
Advisors' Opinion:- [By Adam Levine-Weinberg]
Shares of Republic Airways (NASDAQ: RJET ) performed very well in the first three months of 2013, nearly doubling during that time period. Investors were cheered by improvements in the company's core regional carrier operation, under which it operates flights for all four of the big U.S. network carriers.
- [By Ben Levisohn]
For 2014, IATA is projecting a $9.2 billion net profit for the North American airline industry, almost triple the next geographic region, Asia Pacific at $3.2 billion. This outperformance by the US airline industry has found its way into the stocks which have been very strong over the past three years (e.g. Delta Airlines +309%, Alaska Air +188%, and US Airways/American Airlines +403%). We continue to believe that there is still ample upside to the group and maintain Buy ratings on many of our names. However, we think investors may want to consider less crowded stocks such as United Continental (large cap), JetBlue (JBLU) (small cap) and Republic Airways (RJET) (micro cap) whose shares could outperform the sector as they improve their ROIC ��WACC gaps (in fact,�JetBlue and�Republic Airways both have ROIC < WACC).
- [By Lisa Levin]
Republic Airways Holdings (NASDAQ: RJET) shares reached a new 52-week low of $8.33. Republic Airways' trailing-twelve-month profit margin is 1.98%.
5 Best Services Stocks To Buy For 2014: Essex Rental Corp (ESSX)
Essex Rental Corp., incorporated on August 21, 2006, through its subsidiaries, is engaged in providing of lifting equipment (including lattice-boom crawler cranes, truck cranes and rough terrain cranes, tower cranes, and other lifting equipment) used in an array of construction projects. In addition, it provides product support including installation, maintenance, repair, and parts and services for its equipment provided to customers and customer owned equipment. It operates in three segments: equipment rentals, equipment distribution, and parts and service. Its subsidiaries wholly owned subsidiaries include Essex Holdings, LLC (Holdings), Essex Crane Rental Corp. (Essex Crane), Essex Finance Corp. (Essex Finance), CC Acquisition Holding Corp. (CC Acquisition), Coast Crane Company, (Coast Crane) and Coast Crane Ltd. (Coast Crane Ltd.).
The Company supply a variety of lifting solutions for construction projects related to power generation, petro-chemical, refineries, water treatment and purification, bridges, highways, hospitals, shipbuilding, offshore oil fabrication and industrial plants, and commercial and residential construction. It rent its equipment bare, meaning without supplying an operator and, in exchange for a fee, make arrangements for the transportation and delivery of equipment.
Essex Crane is a provider of lattice-boom crawler crane and attachment rental services and possesses fleets of such equipment in the United States. As of December 31, 2011, Essex Crane�� fleet size stands at more than 350 lattice-boom crawler cranes and various types of attachments, which are made available to clients depending on their lifting requirements, such as weight, pick and carry aspects, reach and angle of reach.
Coast Crane is a provider for lifting solutions throughout Western North America, Alaska, Hawaii, Guam and the South Pacific. Through Coast Crane, it provides both used and new towers cranes, boom trucks, rough terrain cranes and other lifting equipment ! to customers in the infrastructure, energy, crane rigger/operator, and municipal, commercial and industrial construction sectors. Coast Crane�� operations are headquartered in Seattle, Washington and its products are rented and sold through a regional network including 11 branch locations. In addition to providing crane rental services, Coast Crane is a crane distributor of self-erecting tower cranes, rough terrain cranes, boom trucks and all terrain cranes in its West Coast territories.
Equipment Rental
The Company offer for rent crawler cranes and attachments, rough terrain cranes, boom trucks, tower cranes, and other construction related rental equipment. It also offer transportation, rigging and repair and maintenance services while equipment is on rent. It rent its fleet of over 1,000 cranes and attachments and other lifting equipment to a variety of engineering and construction customers under contracts, most of which have rental periods of between 4 and 18 months. The contracts typically provide for an agreed rental rate and a specified rental period. Transportation services revenue is derived from the management of the logistics process by which its rental equipment is transported to and from customers��construction sites, including the contracting of third party trucking for such transportation.
Equipment Distribution
The Company offers a variety of construction equipment products for sale, including tower cranes, boom trucks, rough terrain cranes and other lifting equipment used in the construction industry. The revenue from retail equipment sales is primarily driven by the level of construction activity in a particular geographic region.
Parts and Service
The Company is a parts distributor for various lifting equipment manufacturers and routinely sells parts to its customers in the construction industry. It also provides repairs and maintenance services for customers that own their own equipment and request its ! services ! at one of its service center locations. Its customers for these ancillary services are its rental customers, customers that own their own equipment and those who purchase new and used equipment from it.
The Company competes with ALL Erection & Crane Rental, Bigge Crane and Rigging, Co., Lampson International, Maxim Crane Works, M.D., Morrow Equipment Rental, Western Pacific Crane and Equipment and AmQuip Crane Corp.
Advisors' Opinion:- [By Monica Gerson]
Essex Rental (NASDAQ: ESSX) is projected to post a Q4 loss at $0.10 per share on revenue of $22.55 million.
Posted-In: Earnings scheduleEarnings News Pre-Market Outlook Markets
- [By Peter Graham]
The Q2 2014 earnings report for equipment rental stock United Rentals, Inc (NYSE: URI), a peer or competitor of Essex Rental Corp (NASDAQ: ESSX) and H&E Equipment Services, Inc (NASDAQ: HEES), is scheduled for after the market closes on Wednesday. Aside from the United Rentals earnings report, it should be said that the Essex Rental Corp reported Q4 2013 earnings on May 7th while the estimated release date for the H&E Equipment Services, Inc Q2 2014 earnings report is August 4th. However, United Rentals��shares rose after its last earnings report plus analysts have issued bullish research notes since then.
5 Best Services Stocks To Buy For 2014: Entest Biomedical Inc (ENTB)
Entest BioMedical, Inc. (Entest), incorporated on September 24, 2008, is a development-stage company. During the fiscal year ended August 31, 2012, the Company�� business consists of the development and commercialization of immunotherapeutic therapies for the veterinary market, as well as the acquisition and operation of veterinary hospitals. The Company is focusing its research and development efforts toward the development and commercialization of the ImenVax family of canine cancer vaccines. ImenVax I is a therapeutic for canine cancer, which involves isolating tumor cells from the patient and then placing the cells into a cell implant device that is inserted subcutaneously into the patient. ImenVax II, which utilizes cell lines for sustained release of immunologically relevant cytokines for maximum anti-tumor immune responses.
ImenVax
The Company is conducting a ten dog safety study to Evaluate ImenVax I for the Treatment of Canine Oral Melanoma. As of May 17, 2012 three dogs suffering from oral melanoma have been administered the therapy with no dog suffering any material adverse reaction.
ImenVax II
The Company intends to include adjuvant cytokine along with tumor cells into the implantation device. The adjuvants can be added through cytokine expressing cell line.
ImenVax III
ImenVax III is intended to function by harnessing the ability of placental extracts to combat canine cancers. ImenVax III is intended to treat existing tumors through stimulation of immune responses to kill tumor cells directly; indirectly kill tumor cells by cutting off the tumor blood supply, and block the ability of the tumor to suppress the immune system.
ENT-576
ENT-57 is a therapy being developed by the Company for the treatment of Chronic Obstructive Pulmonary Disease (COPD), such therapy consists of extracting a therapeutic number of cells from a tissue containing in part a stem cell population; processing sai! d population of cells derived from said tissue so as to concentrate said stem cell population; systemic re-administration of said cell population into the same patient, and exposing the patient lung to a sufficient intensity and frequency of laser irradiation necessary to augment therapeutic activity of said cells in said patient suffering from COPD. A therapeutic intervention in COPD would require addressing the issues of inflammation and regeneration.
Advisors' Opinion:- [By Bryan Murphy]
The so-called fundamentals, frankly, don't really matter for Entest BioMedical Inc. (OTCMKTS:ENTB) or Gevo, Inc. (NASDAQ:GEVO). Oh, both GEVO and ENTB are generating sales, but both are consistently taking losses. That's ok though, as for both companies right now, profits aren't really the point - it's the pipeline that matters.
- [By Peter Graham]
Small cap mining stocks US Tungsten Corp (OTCMKTS: USTU) and LKA Gold Inc (OTCMKTS: LKAI) along with biotech Entest BioMedical Inc (OTCMKTS: ENTB) have been getting some attention lately in various investment newsletters with at least one of these stocks being the subject of paid promotions while another could soon be the subject of an investor relations campaign. But will any of these small cap stocks be winners for investors or traders? Here is a quick reality check:
5 Best Services Stocks To Buy For 2014: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By Chris Hill]
Boston Beer (NYSE: SAM ) reports a 20% increase in first-quarter revenue, but shares fall on weaker-than-expected profits. Visa (NYSE: V ) hits an all-time high in the wake of strong earnings and raised guidance. General Motors (NYSE: GM ) rises on gains in its European business. And Monster Worldwide (NYSE: MWW ) reports a 33% jump in quarterly profits as it considers selling the company.
- [By Dan Caplinger]
The Dow Jones Industrials (DJINDICES: ^DJI ) soared 132 points by 12:30 p.m. EDT, as all but a handful of blue-chip stocks gained on good news from the retail sales front. With the measure of spending activity climbing by the largest amount in a year and a half, the news was definitely positive for Visa (NYSE: V ) , which led all 30 Dow components with a 2.4% rise. Yet rival MasterCard (NYSE: MA ) gained an even more impressive 4%, and investors are uncertain over how the companies' battle will play out�over the long run.
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