Tag: consol-energy

Dividend Stock Leaders for the Week of Feb.7-11 (CLX, RL, NYX, EXPE, ATVI, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield NYSE Euronext ( NYX ) $38.31 +17.34% 3.13% J.C. Penney ( JCP ) $36.30 +14.91% 2.20% Polo Ralph Lauren Corporation ( RL ) $126.87 +12.71% 0.63% Whole Foods Market Inc. ( WFMI ) $59.67 +12.58% 0.67% Wynn Resorts ( WYNN ) $129.10 +9.35% 0.77% Clorox Company (The) ( CLX ) $71.26 +8.53% 3.09% Dr Pepper Snapple Group Inc ( DPS ) $33.96 -4.71% 2.94% Consol Energy ( CNX ) $47.00 -4.72% 0.85% Activision Blizzard Inc ( ATVI ) $10.78 -8.18% 1.53% Compania Buenaventura S.A. ( BVN ) $40.04 -8.81% 1.50% Computer Sciences Corporation ( CSC ) $47.92 -14.06% 1.67% Expedia Inc. ( EXPE ) $21.31 -15.60% 1.31% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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CONSOL Energy Upgraded to “Outperform” at FBR Capital (CNX)

Filed in dividend, EPS, FBR Capital, Gold Investment, o, outperform, shares, target, upgrade by on December 20, 2010 0 Comments

Coal and natural gas producer CONSOL Energy Inc. ( CNX ) on Monday caught an upgrade from analysts at FBR Capital Markets. The firm said it upgraded CNX from “Market Perform” to “Outperform” with a $61 price target, while implies a healthy 42% upside to the stock’s Friday closing price of $42.91. An FBR analyst commented, “After sitting on the sideline for the past few months, we have upgraded CONSOL Energy to Outperform based on several key tenets: (1) raising 2H11+ natural gas forecast to $5.50/Mcf, (2) steam coal assets to capitalize on exports, (3) gas productivity to continue to improve, (4) asset sales and FCF (lower gas capex) to significantly improve the balance sheet by year-end 2011, and (5) rising 10-year interest rates to limit near-term legacy liability drag and to turn into tailwinds in 2012. This morning, we also raised our 2011 and 2012 EPS and EBITDA estimates by 15% and introduced a 2013 forecast that is about 16% higher than 2012 estimates.” CONSOL Energy shares rose 89 cents, or +2.1%, in premarket trading Monday. The Bottom Line Shares of Consol Energy ( CNX ) have a .93% dividend yield, based on last night’s closing stock price of $42.91. The stock has technical support in the $38-$40 price area. If the shares can firm up, we see overhead resistance around the $46-$47 price levels. CONSOL Energy Inc. ( CNX ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as

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Market Wrap-Up for Dec.1 (CNX, BTU, FDX, SLB, ETN, UTX, more)

Filed in dividend, Gold, Gold Investment, Gold Prices, lead, o by on December 1, 2010 0 Comments

I happened to be watching some television with my teenage daughters yesterday and caught a show called “The Buried Life” on MTV. The episode focused on 4 individuals that were given $25K each and their assignment was to try and turn that money into $1 million in a month. One of the participants decided to visit Wall Street and met up with well-known market pundit Jim Cramer, who convinced his MTV protege that Gold was the place to be. Taking Cramer’s advice, the subject jumped into risky gold-related options and quickly turned his original $25K into more than $100K. When I see mainstream media references like these to hot (and often overbought) investments, I know that a top could be near. Just a few years ago, an episode of “The Sopranos” detailed a woman’s failed attempt to buy and flip a house — a big sign of the real estate bubble. Gold prices still look fine technically, but the buying mania is no different than we have seen the past few years with real estate and oil prices (which hit nearly $150 a barrel, only to plunge all the way back down to $40, later settling around $80). I want investors to be very careful with gold right now, as many people are in this crowded trade and history shows that things can turn sharply lower when you least expect them to. We’ll be publishing a video on this very topic a bit later today on Dividend.com, so be sure to check that one out. Getting back to today’s action, the markets rebounded strongly from the previous couple of down sessions. Coal producers were up sharply with Consol Energy ( CNX ) and Peabody Energy ( BTU ) leading the way. Elsewhere, buyers pushed up stocks like FedEx ( FDX ), United Technologies ( UTX ), Eaton Corp ( ETN ), and Schlumberger ( SLB ). On the flipside, MLP play Enterprise Products Partners L.P. ( EPD ) and Health Care REIT ( HCN ) were lower following both companies’ announced common stock offerings. I just heard from my publisher today that the e-book version of my new book “Be a Dividend Millionaire” should be available in February 2011, with a traditional print version to follow in May. I’ll be sure to pass more info about the book’s impending release as we get it. As always, check out our industry-leading Best Dividend Stocks list for the top dividend names to put money into right now. Thanks for reading, and I’ll see you tomorrow! Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a

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Consol Energy’s Target, Estimates Cut at Bank of America/Merrill Lynch (CNX)

Filed in bank of america, dividend, earnings, Gold, Gold Investing, shares by on August 24, 2010 0 Comments
Consol Energy’s Target, Estimates Cut at Bank of America/Merrill Lynch (CNX)

Energy producer Consol Energy Inc. ( CNX ) on Tuesday saw its price target and earnings estimates lowered by analysts at Bank of America/Merrill Lynch. The firm cut its price target on CNX to $50, which still represents a massive expected upside of 48% to the stock’s Monday closing price of $33.83. Bank of America/Merrill Lynch also lowered its earnings estimates for the company, citing lower expected natural gas prices, but left its “Buy” rating unchanged. Consol Energy shares fell 85 cents, or -2.5%, in premarket trading Tuesday. The Bottom Line We had removed shares of CNX from our recommended list back on May 13, 2009, when the stock was trading at $37.88. The company has a 1.18% dividend yield, based on last night’s closing stock price of $33.83. The stock has technical support in the $30 price area. If the shares can firm up, we see overhead resistance around the $36-$39 price levels. We would remain on the sidelines for now. Consol Energy Inc. ( CNX ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Goldman Sachs Gets Bullish on the Coal Sector (CNX, BTU)

Filed in dividend, Gold, Gold Investment, goldman sachs, outperform, shares by on August 12, 2010 0 Comments
Goldman Sachs Gets Bullish on the Coal Sector (CNX, BTU)

Analysts at Goldman Sachs on Thursday boosted their price targets on a number of coal-related stocks, including Consol Energy Inc. ( CNX ) and Peabody Energy ( BTU ) . The firm noted that coal stocks have outperformed the S&P by 5% over the past month, and that they see further outperformance in coming weeks. Goldman cited higher expected steel production, growth in China, and more normalized coal inventories for the improved outlook. Goldman raised its price target for CNX from $45 to $48, and maintained its “Buy” rating. That new target represents a potential 23% upside to the stock’s Wednesday closing price of $36.63. Meanwhile, the firm boosted its target for BTU from $55 to $58, also maintaining its “Buy” rating. That target represents an expected 27% upside to the stock’s Wednesday closing price of $45.84. The Bottom Line Shares of BTU have a .61% dividend yield, based on last night’s closing stock price of $45.84. Shares of CNX have a 1.09% dividend yield, based on last night’s closing stock price of $36.64. Consol Energy Inc. ( CNX ) is not a recommended stock at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Peabody Energy Corporation ( BTU ) also not currently recommended, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for July 29 (AVP, BEN, CLF, CL, K, V, CNX, more)

Filed in dividend, earnings, Gold, Gold Investing, ubs by on July 29, 2010 0 Comments
Market Wrap-Up for July 29 (AVP, BEN, CLF, CL, K, V, CNX, more)

We have seen some sleepy summer days in the market lately, but this is no excuse for investors to become complacent. There are lots of economic headwinds that we continue to maneuver through, and we don’t see this situation changing anytime soon. I’ll often get asked about someone wanting to throw a chunk of money in the market in one fell swoop after finding our site and reading a bullish article that I may have written. This is not what you want to be doing with your money, EVER! Scaling into positions is the best approach for someone that has money they would like to put to work. You see, the job of investing is not a one-day hit-and-run event. It is, as I always tend to say, like taking care of a garden. If you begin to neglect the garden, it won’t be long before the weeds sprout up everywhere and the harvest becomes less and less productive. Don’t ever get bored. Stay methodical, look for opportunities, and remain on course by putting funds to work in quality dividend-paying stocks. We always aim to have the “recommended” stocks on our list as names we would either initiate a position in or even add to existing positions. More importantly, begin to use more and more of your savings if you can afford to, and start putting it to work for your retirement or other big event in your life. Investing isn’t a sprint, it’s a marathon. Veer off course, and your road to success will get longer. Looking at today’s market, the early euphoria that pushed the averages higher has begun to fade. We saw some strong earnings out of the gate from the likes of Avon Products ( AVP ) , Franklin Resources ( BEN ) , and Cliffs Natural Resources ( CLF ) . Offsetting the early pop were disappointing results from companies such as Colgate-Palmolive ( CL ) , Kellogg ( K ) , Visa ( V ) , and Consol Energy ( CNX ) . We remain focused on the data we are seeing and will continue to keep subscribers alerted as to further changes we make to our recommended list, as well as out dividend watchlists that are published every weekend. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders for the Week of June 28-July 2 (FCX, BAC, BTU, MO, X, CNX, more)

Filed in bank of america, copper, dividend, Gold, Gold Investment by on July 3, 2010 0 Comments
Dividend Stock Leaders for the Week of June 28-July 2 (FCX, BAC, BTU, MO, X, CNX, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Allergan Inc. ( AGN ) $62.29 +4.15% Altria Group ( MO ) $20.31 +3.10% Reynolds American Inc ( RAI ) $52.44 +2.08% Bank of America Corporation ( BAC ) $13.84 -10.25% Peabody Energy Corporation ( BTU ) $38.99 -10.47% Consol Energy ( CNX ) $33.43 -10.54% Suntrust Banks Inc. ( STI ) $22.44 -12.03% Freeport-McMoran ( FCX ) $58.54 -12.06% Ingersoll-Rand ( IR ) $33.32 -12.32% U.S. Steel ( X ) $37.66 -12.90% Whirlpool Corporation ( WHR ) $84.10 -12.98% Wynn Resorts ( WYNN ) $74.79 -16.00% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for June 2 (BP, SLB, HAL, JOYG, PNC, CNX, more)

Filed in dividend, Gold, Gold Investing, Gold Investment by on June 2, 2010 0 Comments
Market Wrap-Up for June 2 (BP, SLB, HAL, JOYG, PNC, CNX, more)

Wall Streeet firms believed the markets may have gone too far yesterday in selling off oil and oil-service related plays, so they came out with some positive calls this morning to help lift the sentiment, and it sure did help some of the more beaten-up plays. We may be also seeing some of the early June inflows making their way into the market as well. Some of today’s biggest rebounders included Schlumberger ( SLB ) , Halliburton ( HAL ) , and Joy Global ( JOYG ) . We saw other commodity names lift as well, with Consol Energy ( CNX ) and Peabody Energy ( BTU ) moving higher. The move in the energy plays does feel like something of a short-term play, so investors need to be careful as we have seen what happens to stocks with low dividend yields which can get hit very hard. Wall Street may certainly be keying on a short-term trade more than a pure fundamental positive outlook for the group. BP plc ( BP ) counters that low-dividend energy play theory, but the current dividend yield is likely not as secure as investors think. This is one where the high dividend yield can be more of a trap than buying opportunity. We also saw some buying in financial names like PNC Financial ( PNC ) and American Express ( AXP ) finishing easily in the green, as did retail plays like Ross Stores ( ROST ) and Coach ( COH ) . Volume was again light despite the big point gains. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders and Laggards from the Week of May 17-21 (AAP, CNX, FIS, NEM, STI, X, more)

Dividend Stock Leaders and Laggards from the Week of May 17-21 (AAP, CNX, FIS, NEM, STI, X, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Advance Auto Parts Inc ( AAP ) $49.47 +10.18% Universal Health Services Inc. ( UHS ) $41.99 +7.56% Analog Devices Inc. ( ADI ) $28.64 +3.10% Illinois Tool Works Inc. ( ITW ) $45.54 -7.74% Newmont Mining Corporation (holding Company) ( NEM ) $52.34 -9.26% Suntrust Banks Inc. ( STI ) $26.99 -9.49% Peabody Energy Corporation ( BTU ) $37.40 -10.55% Goldcorp Incorporated ( GG ) $40.82 -10.64% U.S. Steel ( X ) $47.10 -10.81% Consol Energy ( CNX ) $35.48 -11.76% Fidelity National Information Services Inc. ( FIS ) $26.17 -11.86% Arch Coal Inc. ( ACI ) $20.51 -14.43% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for May 20 (CNX, ANF, JPM, BEN, AAP, NEM, more)

Filed in Barrick Gold, dividend, earnings, euro, Gold, Gold Investing, shares by on May 20, 2010 0 Comments
Market Wrap-Up for May 20 (CNX, ANF, JPM, BEN, AAP, NEM, more)

The market continued to sell off here and we continue to navigate through by making adjustments to our recommended list. We removed a couple of names this moning as we continue to try and position our portfolio as best we can going forward. Be sure to check out the link below if you did not read the e-mail alert we sent out earlier on the names being removed. We’re seeing a lot finger-pointing regarding the exact reason the market is selling off, but one doesn’t have to look far to see the drop in the Euro is one key concern, as are the latest rumors about a potential Lehman Brothers-like situation perhaps ready to pop in a multi-national or European bank somewhere. The rise in jobless claims reported today certainly didn’t help, but that is not a new story and at the end of the day, if we can’t create new jobs and incentivize businesses to put capital to work, and banks no less, the quagmire we are currently in will likely stick around for a while. Living off the government isn’t the foundation of a strong and prosperous nation. Hopefully our politicians understand this and figure out some ways to kickstart the process. As for today’s markets, the selling in low-yielding commodity plays once again did not let up. Stocks like Consol Energy ( CNX ) and Bucyrus International ( BUCY ) moved lower once again. Financial plays like J.P. Morgan ( JPM ) and Franklin Resources ( BEN ) were also weak today. The momentum in gold-related plays took a hit with shares like Newmont Mining ( NEM ) and Barrick Gold ( ABX ) down once again. Retail plays like Abercrombie & Fitch ( ANF ) and Coach ( COH ) were laggards on the tape. As for names that bucked the selling, Advance Auto Parts ( AAP ) and William Sonoma ( WSM ) were up after both companies posted solid earnings results. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for May 11 (MA, V, BLK, CNX, X, CF, COP, more

Filed in dividend, Gold, Gold Investing by on May 11, 2010 0 Comments
Market Wrap-Up for May 11 (MA, V, BLK, CNX, X, CF, COP, more

We have been getting asked if last week’s sell-off was a major “buying opportunity”. Despite what appeared to be a significant pullback, many of the names that are currently on our “recommended” list, did not see much of any major correction to speak of. Many of the momentum growth-style names that we see moving double-digits were opportunities, but only if you are skilled enough and have the discipline to be a nimble trader. Is there a better opportunity coming? I certainly see lots of danger on the horizon that could trigger further downside, but we will need to continue to monitor the names on our list and continue to go through our data to be sure our “Best Dividend Stocks” list is positioned well for when those events possibly occur. In the meantime, the markets were able to shake off a bit of early selling to trade a bit higher, but by day’s end the indices closed lower for the most part. Commodity-related names like U.S. Steel ( X ) , CF Industries ( CF ) , and Consol Energy ( CNX ) did not participate much in the intraday bounce and lagged most of the day. Also trading poorly were financial plays Mastercard ( MA ) , Visa ( V ) , and Blackrock ( BLK ) . Names that did manage to buck the downtrend included Hasbro ( HAS ) , ConocoPhillips ( COP ) , and Darden Restaurants ( DRI ) . Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders and Laggards from the Week of Apr.12-16 (INTC, UPS, HD, POT, MEE, GS, more)

Filed in Gold, Gold Investment, goldman sachs by on April 17, 2010 0 Comments
Dividend Stock Leaders and Laggards from the Week of Apr.12-16 (INTC, UPS, HD, POT, MEE, GS, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Pep Boys ( PBY ) $12.40 +14.08% DeVry Inc. ( DV ) $70.86 +9.25% Sotheby’s Holdings Inc. ( BID ) $36.53 +7.73% Applied Materials Inc. ( AMAT ) $14.36 +6.61% Texas Instruments ( TXN ) $26.58 +6.58% Intel Corporation ( INTC ) $23.92 +6.08% United Parcel Service Inc. ( UPS ) $68.21 +5.85% Home Depot Inc. (the) ( HD ) $35.01 +5.29% Monsanto Company ( MON ) $64.73 -5.98% Potash Corporation Of Saskatchewan Inc. ( POT ) $107.80 -6.42% Consol Energy ( CNX ) $42.67 -7.06% U.S. Steel ( X ) $59.81 -7.44% W.W. Grainger Inc. ( GWW ) $104.93 -8.57% Agrium Inc. ( AGU ) $62.72 -8.90% Massey Energy Company ( MEE ) $42.27 -9.52% Goldman Sachs ( GS ) $160.70 -10.28% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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