Fracking is a thirsty -- and thus expensive -- business. In some areas, drilling and fracturing a horizontal well can take more than 5 million gallons of water, costing upwards of $1 million. Until recently, drillers have used fresh water for fracking and then paid for disposal of used water. While some have begun to recycle, that's the exception rather than the rule. All that may be about to change.
Go green, save greenbacks
Turns out, there's lots of money to be saved when drillers turn to recycling frac water. It's a beautiful thing when what's good for the environment is also good for the bottom line. The dollar amounts depend on the shale in question, but a study from Jefferies -- an investment advisory firm -- found savings potential approaching $70,000 per well in the Bakken and $370,000 per well in the Marcellus. Using recycled frac water also opens up opportunity for drilling in water-stressed areas like South Texas.
It's worth noting that cost savings may not be imminent in every location. Jay Ewing, Devon Energy's (NYSE: DVN ) water-use expert in the Barnett, recently told a Texas House committee hearing that while the company's cost of recycling varies by location, it's still "50 to 75% more expensive than the alternatives." But that's likely to change as recyclers improve their processes and increase efficiency.
10 Best Gas Stocks To Own Right Now: Kazakhmys PLC (KAZ)
Kazakhmys PLC, along with its subsidiaries, is natural resource company focused on the production of copper. It is engaged in the production of copper and other metals as by-products, including zinc, silver and gold, and power generation. The Company�� segments are Kazakhmys Mining, which is engaged in the exploration, evaluation, development, mining and processing of mineral resources and sale of the metal products; MKM, which operates in Germany, where it manufactures copper and copper alloy semi-finished products; Kazakhmys Power, which operates in Kazakhstan, and consists of its captive power stations, the Ekibastuz GRES-1 coal-fired power station joint venture, and Kazakhmys Petroleum business, which holds a license to conduct oil and gas exploration and development activity in the East Akzhar Exploration Block in western Kazakhstan. In May 2011, the Company completed the disposal of the small Maikuben West coal mine. Advisors' Opinion:- [By Sarah Jones]
Kazakhmys Plc (KAZ) tumbled 13 percent to 233.7 pence after the founders of Eurasian Natural Resources Corp. (ENRC) and the Kazakhstan government offered to buy ENRC with cash and Kazakhmys shares in a bid that values the company at 3.04 billion pounds ($4.7 billion). ENRC slid 1.4 percent to 213.8 pence.
Hot Forestry Companies To Own In Right Now: First Trust Dow Jones Internet Index Fund (FDN)
First Trust Dow Jones Internet Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Internet Composite Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index represents companies that generate the majority of their revenues via the Internet. The Index aims to represent 80% of the float-adjusted Internet equity universe. The Index contains two sub-indexes, the Dow Jones Internet Commerce Index and the Dow Jones Internet Services Index. For its stock to be eligible for the universe, a company must generate at least 50% of annual sales/revenues from the Internet, and be included in the Dow Jones U.S. Index. The Fund�� investment advisor is First Trust Advisors L.P. Advisors' Opinion:- [By MONEYMORNING.COM]
That's where the First Trust Dow Jones Internet Index (NYSE Arca: FDN) comes in.
Besides Facebook, which is its largest holding, FDN also owns Amazon.com (Nasdaq: AMZN) and both classes of Google Inc. (Nasdaq: GOOGL), which has voting rights, and GOOG, which does not.
Hot Forestry Companies To Own In Right Now: Sonora Gold and Silver Corp (SOC)
Sonora Gold & Silver Corp. (Sonora) is a Canadian-based mineral exploration company based in Vancouver, British Columbia, Canada focused on exploration and development of precious metal projects. The Company�� blocks include Los Pavitos, the Christina and the Brenda, all located in the state of Sonora, Mexico and each consisting of 10,000 hectares in size. Sonora is exploring for commercially exploitable mineral deposits and is focused on deposits located in Tanzania, Africa. The Negese property covering an area of approximately 10 square kilometres located in the Negese Area in Kilindi District, Tanzania. As of January 31, 2012, operational focus has been primarily on the exploration of gold and silver mineral properties with the objective of identifying commercially exploitable mineralization. Advisors' Opinion:- [By Triska Hamid]
In Abu Dhabi, researchers at the ATIC-SRC Center of Excellence for Energy Efficient Electronic Systems (ACE4S), a center jointly established by the Advanced Technology Investment Company and the Semiconductor Research Corporation, are working on the development of systems on chip (SOC) and micro-electromechanical systems (MEMs) in health care.
Hot Forestry Companies To Own In Right Now: Calavo Growers Inc (CVGW)
Calavo Growers, Inc. (Calavo), incorporated on January 5, 2001, is a provider of value-added fresh food. The Company is engaged in the marketing and distributing avocados, prepared avocados, and other perishable foods allows them to deliver a wide array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants on a worldwide basis. The Company procures avocados principally from California, Mexico, and Chile. Through its various operating facilities, it sort, pack, and/or ripen avocados, tomatoes and/or Hawaiian grown papayas. Additionally, it also produces salsa and prepares ready-to-eat produce and deli products. It distributes its products both domestically and internationally and reports its operations in three different business segments: Fresh products, Calavo Foods and Renaissance Food Group, LLC (RFG).
Fresh products
The Company�� Fresh products business grades, sizes, packs, cools, and ripens (if desired) avocados for delivery to its customers. It operates two packinghouses and three operating and distributing facilities that handle avocados across the United States.Calavo markets California avocados. In California, the growing area stretches from San Diego County to Monterey County, with the majority of the growing areas located approximately 100 miles north and south of Los Angeles County. The storage life of fresh avocados is limited. It generally ranges from one to four weeks, depending upon the maturity of the fruit, the growing methods used, and the handling conditions in the distribution chain. The Company sells avocados to a diverse group of supermarket chains, wholesalers, food service and other distributors, under the Calavo family of brand labels, as well as private labels. From time to time, some of its larger customers seek short-term sales contracts that formalize their pricing and volume requirements. California avocados delivered to the Company�� packinghouses are graded, size! d, packed, cooled and, frequently, ripened for delivery to customers. The Company imports avocados from Mexico, Chile, Peru, New Zealand and the Dominican Republic. It�� diversified avocado sources provide a level of supply stability that may, over time, help solidify the demand for avocados among consumers in all markets it distribute to.
The Company also handles avocados from Chile, Peru and New Zealand, most of which are on a consignment basis with its growers. Pursuant to its joint venture agreement with M5, Calavo de Chile is the primary contact with its Chilean avocado sources. It has invested in the Aweta AFS (acoustic firmness sensor) technology and equipment. It has three Aweta systems in use in the United States, which, it believe, can effectively meet its customers��demand for conditioned fruit. It has developed various display techniques and packages that appeal to consumers and, in particular, impulse buyers. Some of its techniques include the bagging of avocados and the strategic display of the bags within the produce section of retail stores. The majority of its sales are generated from tomatoes and papayas. Tomatoes are primarily handled on a consigned basis, while papayas are handled on a pooling basis, similar to the California avocado pool previously described.
Calavo Foods
The Company�� Calavo Foods business procures avocados, processes avocados into a wide variety of guacamole products, and distributes the processed product to its customers. All of its prepared avocado products shipped to North America are cold pasteurized and include both frozen and fresh guacamole. The Calavo Foods segment was originally conceived as a mechanism to stabilize the price of California avocados by reducing the volume of avocados available to the marketplace.The Company utilizes ultra high pressure machines which are designed to cold pasteurize its guacamole products. Using high pressure only, this procedure substantially destroys the cells of any b! acteria t! hat could lead to spoilage, food safety, or oxidation issues. Once the procedure is complete, its packaged guacamole is cased and shipped to various retail and food service customers throughout the markets its service. Its IQF line provides food service and retail customers with peeled avocado halves that are ripe and suitable for immediate consumption. These halves were frozen, packaged and shipped out of Mexicali to warehouses located in the United States., and, ultimately, to its customers. The Company�� line of salsa will further diversify its product offerings and will be a natural complement to its ultra-high-pressure guacamole, as well as its Calavo tortilla chips.
RFG
The Company�� RFG business produces markets and distributes nationally a portfolio of healthy, lifestyle products for consumers via the retail channel. RFG is a fresh-food company that produces, markets, and distributes nationally a portfolio of healthy, products for consumers via the retail channel.RFG products range from fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli meat products. RFG sells under the labels of Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials to a wide range of customers. RFG products range from fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli meat products. RFG sells under the labels of Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials to a range of customers.
Advisors' Opinion:- [By Laura Brodbeck]
Monday
Earnings Releases Expected: Sonic Corp (NASDAQ: SONC), Calavo Growers, Inc. (NASDAQ: CVGW), Zep Inc. (NYSE: ZEP) Economic Releases Expected: �Spanish services PMI, Italian services PMI, French services PMI, German services PMI, eurozone services PMI, British services PMI, eurozone investor confidence, German CPI, Australian trade balanceTuesday
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Calavo Growers (Nasdaq: CVGW ) , whose recent revenue and earnings are plotted below. - [By John Udovich]
Just when you think the global warming (excuse me, climate change)�warnings could not get anymore hysterical or�goofier (Niagara Falls and the Great Lakes have frozen over after all), Chipotle Mexican Grill, Inc (NYSE: CMG) is sounding the alarm (which may rally all of the Sofritas vegan tofu eaters of America)�over�its potential�threat�to�guacamole, but small cap avocado stock Calavo Growers, Inc (NASDAQ: CVGW) continues to grow investor returns no matter what the weather is doing and has outperformed PowerShares DB Agriculture Fund (NYSEARCA: DBA).�First and as noted by ThinkProgress.org, Chipotle Mexican Grill�� latest Annual Form 8-K reported:
Hot Forestry Companies To Own In Right Now: Rackspace Hosting Inc(RAX)
Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. It provides information technology (IT) as a service, managing Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide. The company?s service suite includes dedicated hosting comprising customer management portal and other management tools that manage data center, network, hardware devices, and operating system software; and cloud computing that enables customers to provide and manage a pool of computing resources, as well as delivery of computing resources to business when they need them. It offers cloud servers, cloud files, and cloud sites, as well as cloud applications, such as email, collaboration, and file back-ups; and hybrid hosting that provides a combination of dedicated hosting and cloud computing services. The company also offers customer support services. It sells its service suite through direct sales teams, third-party channel partners, an d online ordering. The company was formerly known as Rackspace.com, Inc. and changed its name to Rackspace Hosting, Inc. in June 2008. Rackspace Hosting, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
Advisors' Opinion:- [By Jim Jubak]
This is the part of the cloud market where Google competes��nd where Google cuts prices. The public cloud sector is dominated by Amazon.com (AMZN) with Microsoft (MSFT), Google, IBM (IBM), and Rackspace Hosting (RAX) competing for the Number Two slot.
Hot Forestry Companies To Own In Right Now: First Bancorp (FBP)
First Bancorp is a bank holding company. The Company is a service provider of financial services and products with operations in Puerto Rico, the United States and the United States and British Virgin Islands. The Company has six segments: Consumer (Retail) Banking; Commercial and Corporate Banking; Mortgage Banking; Treasury and Investments; United States Operations, and Virgin Islands Operations. The Company specializes in commercial banking, residential mortgage loan originations, finance leases, personal loans, small loans, auto loans, insurance agency and broker-dealer activities. As of December 31, 2011, it controlled two wholly owned subsidiaries: FirstBank and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). FirstBank is a Puerto Rico-chartered commercial bank and FirstBank Insurance Agency is a Puerto Rico-chartered insurance agency. On February 16, 2011, FirstBank sold an asset portfolio consisting of performing and non-performing construction, commercial mortgage and C&I loans. The Company�� total investment securities portfolio as of December 31, 2011 amounted to $2 billion. As of December 31, 2011, the Company had a total deposit of $9.9 billion. Effective May 31, 2011, the Company purchased FirstBank-branded consumer credit card portfolio from FIA Card Services, N.A. and an affiliate.
Consumer (Retail) Banking
The Consumer (Retail) Banking segment consists of the Company�� consumer lending and deposit-taking activities conducted mainly through FirstBank�� branch network and loan centers in Puerto Rico. Loans to consumers include auto, boat and personal loans and lines of credit. Deposit products include interest bearing and non-interest bearing checking and savings accounts, Individual Retirement Accounts (IRA) and retail certificates of deposit. Retail deposits gathered through each branch of FirstBank�� retail network serve as one of the funding sources for the lending and investment activities. Credit card accounts are issued under Firs! tBank�� name through an alliance with a financial institution, which bears the credit risk.
Commercial and Corporate Banking
The Commercial and Corporate Banking segment consists of the Company�� lending and other services across a spectrum of industries ranging from small businesses to large corporate clients. FirstBank has developed expertise in industries, including healthcare, tourism, financial institutions, food and beverage, income-producing real estate and the public sector. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, and other products, such as cash management and business management services. A substantial portion of this portfolio is secured by the underlying value of the real estate collateral and the personal guarantees of the borrowers. The segment also includes the Company�� broker-dealer activities, which are primarily concentrated in bonds underwriting and financial advisory services provided to government entities in Puerto Rico.
Mortgage Banking
The Mortgage Banking segment conducts its operations mainly through FirstBank and its mortgage origination subsidiary, First Mortgage. These operations consist of the origination, sale and servicing of a variety of residential mortgage loan products. Originations are sourced through different channels, such as FirstBank branches, mortgage bankers and in association with new project developers. First Mortgage focuses on originating residential real estate loans, some of which conform to Federal Housing Administration (FHA), Veterans Administration (VA) and Rural Development (RD) standards. The Mortgage Banking segment also acquires and sells mortgages in the secondary markets. Most of the Company�� residential mortgage loan portfolio consists of fixed-rate, fully amortizing, full documentation loans.
Treasury and Investments
The Treasury and Investments segment is responsib! le for th! e Corporation�� treasury and investment management functions. The treasury function, which includes funding and liquidity management, sells funds to the Commercial and Corporate Banking segment, the Mortgage Banking segment, and the Consumer (Retail) Banking segment to finance their respective lending activities and purchases funds gathered by those segments and from the United States Operations segment. Funds not gathered by the different business units are obtained by the Treasury Division through wholesale channels, such as brokered deposits, advances from the FHLB and, repurchase agreements with investment securities, among others.
United States Operations
The United States Operations segment consists of all banking activities conducted by FirstBank in the United States mainland. FirstBank provides a range of banking services to individual and corporate customers primarily in southern Florida through its ten branches. The United States Operations segment offers an array of both retail and commercial banking products and services. Consumer banking products include checking, savings and money market accounts, retail certificates of deposit (CDs), Internet banking services, residential mortgages, home equity loans and lines of credit, automobile loans and credit cards through an alliance with a nationally recognized financial institution, which bears the credit risk. Deposits gathered through FirstBank�� branches in the United States also serve as a funding sources for lending and investment activities in Puerto Rico. The commercial banking services include checking, savings and money market accounts, CDs, Internet banking services, cash management services, remote data capture and automated clearing house (ACH), transactions. Loan products include the traditional commercial and industrial and commercial real estate products, such as lines of credit, term loans and construction loans.
Virgin Islands Operations
The Virgin Islands Operations seg! ment cons! ists of all banking activities conducted by FirstBank in the United States and British Virgin Islands, including retail and commercial banking services, with a total of fourteen branches serving the United States Virgin Islands of St. Thomas, St. Croix, and St. John, and the British Virgin Islands of Tortola and Virgin Gorda. The Virgin Islands Operations segment is driven by its consumer, commercial lending and deposit-taking activities.
Advisors' Opinion:- [By CRWE]
First BanCorp (NYSE:FBP), the bank holding company for FirstBank Puerto Rico, expects to report its financial results for the third quarter ended September 30, 2012, after the market closes on Wednesday, October 31, 2012.
Hot Forestry Companies To Own In Right Now: Avalon Holdings Corp (AWX)
Avalon Holdings Corporation (Avalon) is a subsidiary of American Waste Services, Inc. (AWS). Avalon operates in two business segments: waste management services and golf and related operations. The waste management services segment includes waste disposal brokerage and management services and captive landfill management operations. The golf and related operations segment includes the operation and management of golf courses, fitness centers, tennis, spa services, dining and banquet facilities and a travel agency. During the year ended December 31, 2011, the net operating revenues of the waste management services segment represented approximately 81% of its total segments��net operating revenues. During 2011, the net operating revenues of the golf and related operations segment represented approximately 19% of its total segments��net operating revenues.
Waste Management Services
Avalon�� waste management subsidiaries provide hazardous and nonhazardous waste brokerage and management services and captive landfill management services. Waste management services are provided to industrial, commercial, municipal and governmental customers primarily in selected north-eastern and mid-western United States markets. American Waste Management Services, Inc. (AWMS) assists customers with managing and disposing of wastes at approved treatment and disposal sites based upon a customer�� needs. American Landfill Management, Inc. (ALMI) is a landfill management company that provides technical and operational services to customers owning captive disposal facilities. A captive disposal facility only disposes of waste generated by the owner of such facility. ALMI provides turnkey services, including daily operations, facilities management and management reporting for its customers. As of December 31, 2011, ALMI manages one captive disposal facility located in Ohio. In addition, American Construction Supply, Inc., a wholly owned subsidiary of ALMI, sells construction mats.
Gol! f and Related Operations
Avalon�� golf and related operations segment operates golf courses and related facilities and a travel agency. Avalon Lakes Golf, Inc. (ALGI) owns and operates a Pete Dye designed championship golf course located in Warren, Ohio. ALGI generates revenue from membership dues, greens fees, cart rentals, merchandise, and food and beverage sales. TBG, Inc. (TBG), a subsidiary of ALGI, entered into a long-term agreement with Squaw Creek Country Club to lease and operate its golf course and related facilities. In addition to a championship golf course, the Squaw Creek facilities include a swimming pool, tennis courts and a clubhouse that includes a fitness center, dining and banquet facilities. TBG generates its revenue in the same manner as ALGI, but also generates revenues from tennis. Avalon Travel, Inc., a subsidiary of ALGI, owns and operates a travel agency which generates its revenue from booking travel reservations. Avalon�� golf courses are located in Warren, Ohio, Vienna, Ohio and Sharon, Pennsylvania.
Advisors' Opinion:- [By Geoff Gannon] company that is in two different businesses.
It has a golf course business that is not profitable but has a lot of assets. And then it has a waste management business that is profitable. But doesn�� have a lot of assets.
This is the sort of situation where I would pay a lot of attention to the balance sheet. You aren�� really double counting in a stock like this. The assets are not producing the earnings. They could be separated from the business.
Unfortunately, this is a controlled company. And not a good activist target.
But you will find situations like Gyrodyne (GYRO) and Syms (SYMSQ) where at some point the company�� entire value really depended on its balance sheet.
Obviously when looking at things like real estate you don�� go by what it says on the balance sheet. You try to find a note on depreciation that breaks out land, buildings, etc. And gives information about how the company depreciates its property.
And ��of course ��you look at the ��roperties��item in the 10-K. In the U.S., you then use the information you��e gathered to check county land records and things like that for more information about the property.
Generally, you want to:
路 Find out when the company bought the property
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