Today's loss makes a lot of sense! Haven't you noticed that the whole market
is down today?
You obviously aren't as sharp as you would like everyone to believe!
OK. Time for you to make another trite attack on management!
Go for it!
Saddle Creek Logistics Services Expands CNG Station Capacity for Growing Heavy-duty Natural Gas Truck Fleet
Clean Energy will double Saddle Creek’s existing CNG station capacity in Lakeland, Fla., with two additional 300-Horsepower compressors and 55 additional new time-fill fueling points.
Saddle Creek plans to add 25 heavy-duty CNG Freightliner 12-Liter Cascadia tractors to its existing fleet of 150 to meet increased customer demand for CNG-fueled logistics. The additional vehicles are forecasted to consume approximately 400,000 DGEs of CNG annually and are scheduled to be deployed in October 2014 once the station capacity has been increased.
Clean Energy will continue to operate and maintain the station, which it initially built for Saddle Creek in 2011.
“Our natural gas trucks—now on their fifth-generation—are an integral part of our logistics offering. Our fleet currently has over 24 million miles using Natural Gas. Our customers recognize the importance of sustainability in their supply chain and the value in moving goods with natural gas. We are expanding our fueling capacity to meet this rising demand.” Michael DelBovo, president, Saddle Creek Transportation
Seeking Alpha re RRC
Range Resources Another Growth-Oriented Marcellus Play
Jul. 7, 2014 7:58 PM ET | About: Range Resources Corporation (RRC), Includes: COG, SWN, XOM Subscribers to SA PRO had an early look at this article. Learn more about PRO »
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
Range Resources holds top-notch acreage in the Marcellus, including triple-stacked plays in the southwestern part of PA.
160K net acres for the Mississippian Chat hold good potential for oil production and strong IRRs.
Range Resources doesn't have the best prospects for balance sheet-adjusted production growth, but its cost structure is attractive and the shares seem undervalued below $100.
I believe the downward drift may have been caused by the following.
FORT WORTH, TX--(Marketwired - Jun 16, 2014) - Range Resources Corporation (NYSE: RRC) and EQT Corporation (NYSE: EQT) today announced completion of the asset exchange that was announced in late April 2014. In the transaction, EQT received approximately 73,000 net acres and more than 900 producing wells in the Permian Basin of Texas. Range received approximately 138,000 net acres and the remaining interest in a supporting gathering system in the Nora Field of Virginia, plus $145 million cash, less the normal post-closing adjustments.
June 23, 2014
16:41 EDT CDE, FNV Coeur Mining, Franco-Nevada enter into new LOI gold stream agreement
Coeur (CDE) announced it has entered into a letter of intent to terminate the existing royalty stream agreement with Franco-Nevada Corporation (FNV) on 50% of gold production from the Palmarejo operation following the completion of the 400,000 ounce minimum obligation that will be met by September 2016. Both parties have also entered into an LOI for a new gold stream agreement which will take effect following the termination of the existing agreement. The second LOI provides that Franco-Nevada will contribute $22M toward the capital required to develop Guadalupe and the cost contribution by Franco-Nevada for 50% of the gold production from the Palmarejo operation will be $800 per ounce, compared to $408 per ounce in the existing agreement. The new gold stream agreement is expected to result in improved mine economics and, when combined with the decision to place Guadalupe into production, is anticipated to facilitate a significant extension of mine life at the Palmarejo operation.
AMSC recently received a $40 million follow-on order from Inox Wind (India), and we are awaiting a defense order as well. Its Gridtec may be losing money and suffer from lower sales currently, but if you have evaluated the aging U.S. power grid and the need for new and advanced remote power base stations then this represents a significant opportunity in the years ahead.
The company’s Windtec Solutions is a host of electronic controls and systems, as well as wind turbine designs and engineering services. The turbine maximization is already in use in thousands of wind turbines around the planet. AMSC’s Gridtec portfolio focuses on interconnection, helping to maximize the transmission of energy into the grid and to help act as surge protection for systems. It also has high-temperature superconductor wiring rather than traditional wiring, which aims for up to 10 times more power than conventional cables.
The short interest as of May 30 was still elevated at 5.84 million shares. Still, that short interest was down handily from the prior short interest reading of almost 7 million shares.
Revenues have been sporadic in both units, but large opportunities are coming from military and defense, and the longer-term opportunities remain in China. India and Europe are ongoing, and the company has a huge opportunity to capitalize on the failing infrastructure inside the United States as well.
With total 2013 revenue down more than $3 million to $84.1 million, the company has already forecast that revenue is likely to be slightly lower again for all of 2014. Still, the reality is that both wind and grid can act as significant opportunities in the years ahead, both of which have the potential for exponential revenue growth in the coming years.
Read more: The Long-Term Upside Case for American Superconductor - American Superconductor Corp (NASDAQ:AMSC) - 24/7 Wall St. http://247wallst.com/energy-business/2014/06/21/the-long-term-upside-case-for-american-superconductor/#ixzz3
This deal is as bad as the one Mayor Dailey made when he privatized and sold
the parking rights in Chicago.
The Street Analysis of CPST.
The current short interest as a percentage of the float for Capstone Turbine is extremely high at 16%. That means that out of the 307.29 million shares in the tradable float, 52.19 million shares are sold short by the bears. The bears have also been increasing their bets from the last reporting period by 9.1%, or by about 4.36 million shares. If the bears get caught pressing their bets into a strong quarter, then shares of CPST could easily explode sharply higher post-earnings as the bears jump to cover some of their trades.
From a technical perspective, CPST is currently trending above its 200-day moving average and just below its 50-day moving average, which is neutral trendwise. This stock has been uptrending a bit for the last month, with shares moving higher from its low of $1.28 to its recent high of $1.62 a share. During that move, shares of CPST have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CPST within range of triggering a near-term breakout trade post-earnings.
If you're bullish on CPST, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $1.70 to its 50-day moving average of $1.78 a share with strong volume. Look for volume on that move that hits near or above its three-month average action of 8.36 million shares. If that breakout hits post-earnings, then CPST will set up to re-test or possibly take out its next major overhead resistance levels at $1.90 to $2.25 a share, or even its 52-week high at $2.60 a share.
I would simply avoid CPST or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below its 200-day moving average of $1.52 a share with high volume. If we get that move, then CPST will set up to re-test or possibly take out its next major support levels at $1.45 to $1.35 a share
In 2002, officials at Masonic Village moved to a next generation technology for their heating and electric needs by installing low-emission Capstone microturbines that produce a combined 390kW of electricity, equal to powering 205 homes. The system produces 10% of their electricity demand, 100% of the hot water needs during shoulder and summer months, and has a demonstrated system efficiency of up to 85%. When compared to the original coal-fired plant Masonic Village used for more than 90 years, the Capstone installation has drastically reduced carbon emissions an astounding 31,511 tons in nine years. The plant is the equivalent of removing 7,062 cars from the road or planting 11,212 acres of forest.
"It's not just the fact that we're generating electricity," Jeff Gromis, Facilities Engineer, said. "We're also using the exhaust to preheat our domestic hot water for the core areas of the campus, which is what really makes the payback work. When you are talking 80--85% efficiency, that's a pretty impressive number."
On May 23, 2014 Microturbine Unit #1 onsite was the first unit at Masonic Village and one of the first in the E-Finity fleet to reach 100,000 operating hours. This unit, along with the other five in the installation, to date, has reduced greenhouse gas emission by 3,564 tons per year or approximately 42,800 tons total since installation, which is equal to removing 8,000 cars from the road and eliminating 4.3 million gallons of gasoline. In total, Masonic Village has generated enough energy onsite to power an equivalent of 5,300 homes. Masonic Village, a pioneer of Capstone's jet engine technology, will be awarded a Centennial Award commemorating over half a million combined microturbine run hours.