The best way to value Ensco (ESV), and the offshore oil drillers more generally, is to value them on the basis of their assets. These companies are obviously not earning any money right now, and when they do earn money, their earnings are very cyclical in nature, thus making earnings based analyses (like DCF’s) that make projections of regular earnings into the future inapplicable. So, in....More>>>
Wheelers (NASDAQ:WHLR) third quarter earnings call was well orchestrated. The call explained how Wheeler was reducing risk, putting the worst of its troubles behind it, finalizing an extension with its lenders and covering its dividend. Clearly the script was written by its CFO, Wilkes Graham, who is a former research analyst and knows exactly what investors want to hear. The call had its intended....More>>>
Marathon Oil Corporation (NYSE:MRO) has gone through some very tough times. Like many other small E&P companies that have struggled during the oil price crash, MRO has had to sell off non-core assets, cut expenses, and focus on higher margin operations. But MRO stock could turn it around.
Indeed, times have been really challenging for MRO, in which revenues were cut by almost two-thirds....More>>>
2016 has been a crazy year—so it’s no surprise closed-end funds (CEFs) have been offering crazy returns.
As we’ll see in a moment, the best fund is up over 50%, which crushes just about every unleveraged ETF and mutual fund out there. Plus, that fund pays a whopping 7.6% yield—which is pretty typical for CEFs. If you bought in when it was at its 52-week low, you would....More>>>
Ryman Hospitality Properties Inc (NYSE:RHP) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Ryman Hospitality Properties Inc specializes in group-oriented, destination hotel assets in urban and resort markets. Ryman Hospitality Properties Inc has a market cap of $3.54 billion; its shares were traded at around $69.14 with a P/E ratio of 23.44 and P/S ratio of 3.05.....More>>>