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The VanEck Vectors Steel ETF (NYSE: SLX) was one of the premier “Trump trades,” soaring last year as Donald Trump's protectionist campaign trail rhetoric sparked once moribund steel stocks.
Year-to-date, SLX is up 5.6 percent, but there are concerns Trump trades are waning. Regarding SLX, part of the issue is the expected delay in Trump's widely anticipated infrastructure initiative. On the campaign trail, Trump promised to spend $1 trillion to shore up America's roads, bridges and railways, but that plan has been pushed off to 2018.
Top Clean Energy Stocks To Own Right Now: EOG Resources, Inc.(EOG)
Advisors’ Opinion:
- [By Matthew DiLallo]
Given that data, it would behoove investors to focus more on finding companies poised to grow their dividends at a healthy pace, since that would theoretically provide them with more fuel to outperform. That’s why investors won’t want to miss what oil driller EOG Resources (NYSE:EOG) has on tap. While its paltry 0.6%-yielding dividend might not appeal to income investors, its dividend growth prospects have the potential to continue fueling market-smashing returns.
- [By Matthew DiLallo]
EOG Resources (NYSE:EOG) delivered a solid finish to 2018 as both oil and natural gas liquids (NGL) production exceeded the midpoint of its guidance range. That strong output enabled the company to generate robust cash flow during the quarter, helping it produce record free cash flow for the year. The oil company expects more of the same in 2019 as it remains well positioned to continue expanding output at a healthy rate while generating significant free cash flow.
- [By Matthew DiLallo]
Today, however, many drillers are setting a high bar for new wells. EOG Resources (NYSE:EOG) has been one of the leaders in disrupting the former way of thinking by establishing a high return hurdle rate for new wells of 30% after-tax at $40 oil. Others followed with similar return-focused approaches, including Encana (NYSE:ECA), which needs locations to achieve a 35% after-tax return at $50 oil to meet its premium hurdle rate.
Top Clean Energy Stocks To Own Right Now: Tortoise MLP Fund, Inc.(NTG)
Advisors’ Opinion:
- [By Shane Hupp]
Shares of Northgate plc (LON:NTG) have received an average rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 523.25 ($6.67).
Top Clean Energy Stocks To Own Right Now: Tallgrass Energy Partners, LP(TEP)
Advisors’ Opinion:
- [By Matthew DiLallo]
Earlier this year, Tallgrass Energy GP (NYSE:TEGP) agreed to acquire its master limited partnership, Tallgrass Energy Partners (NYSE:TEP) in an all-stock deal. This transaction is one of many similar ones in the sector over the past few years as energy infrastructure companies have had to grapple with the fallout of the oil market downturn. Like the deals before it, and those announced afterward, the transaction will create one stronger entity that’s well positioned to grow in the coming years while still offering income-seeking investors a generous income stream. That income with upside makes Tallgrass a stock that investors will want to keep on their radar, especially considering the strength of its financial profile.
- [By Logan Wallace]
Natixis bought a new position in Tallgrass Energy Partners LP (NYSE:TEP) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 68,685 shares of the pipeline company’s stock, valued at approximately $2,975,000. Natixis owned 0.09% of Tallgrass Energy Partners as of its most recent filing with the Securities & Exchange Commission.
- [By Max Byerly]
Get a free copy of the Zacks research report on Tallgrass Energy Partners (TEP)
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- [By Joseph Griffin]
JPMorgan Chase & Co. trimmed its position in shares of Tallgrass Energy Partners LP (NYSE:TEP) by 21.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 686,632 shares of the pipeline company’s stock after selling 190,040 shares during the period. JPMorgan Chase & Co. owned approximately 0.94% of Tallgrass Energy Partners worth $26,016,000 at the end of the most recent quarter.
- [By ]
Cramer was bearish on Melco Resorts (MLCO) , Tallgrass Energy Partners (TEP) , Mallinckrodt (MNK) , Roku (ROKU) and Scotts Miracle-Gro (SMG) .
Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.
- [By ]
Tallgrass Energy Partners (TEP) : “That dividend is a red flag. That group has become a house of pain and I’m not going there.”
Mallinckrodt (MNK) : “They had a better-than-expected quarter, but I am worried and I’m staying away.”
Top Clean Energy Stocks To Own Right Now: Versum Materials, Inc. (VSM)
Advisors’ Opinion:
- [By Logan Wallace]
News headlines about Versum Materials (NYSE:VSM) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Versum Materials earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 46.4354866491979 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
- [By Motley Fool Transcribers]
Versum Materials, Inc. (NYSE:VSM)Q1 2019 Earnings Conference CallFeb. 04, 2019, 4:30 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Logan Wallace]
Barrow Hanley Mewhinney & Strauss LLC lowered its stake in Versum Materials (NYSE:VSM) by 0.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,309,010 shares of the basic materials company’s stock after selling 19,336 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 0.06% of Versum Materials worth $237,408,000 at the end of the most recent quarter.
- [By Max Byerly]
Penn Capital Management Co. Inc. reduced its stake in shares of Versum Materials (NYSE:VSM) by 5.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,960 shares of the basic materials company’s stock after selling 15,004 shares during the quarter. Penn Capital Management Co. Inc. owned about 0.23% of Versum Materials worth $9,571,000 at the end of the most recent quarter.