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Zacks Industry Rank Analysis Highlights: B.P. Prudhoe Bay, Sabine Royalty Trust, Archer Daniels Midland, Hershey and Del Monte – Press Releases

Dirk Van Dijk (November 6th, 2009) Writes:

For Immediate Release

Chicago, IL – November 6, 2009 – Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include B.P. Prudhoe Bay (BPT), Sabine Royalty Trust (SBR), Archer Daniels Midland (ADM), Hershey (HSY) and Del Monte (DLM).

Zacks Industry Rank Analysis is written by Dirk Van Dijk, CFA, Chief Equity Strategist for Zacks.com.   This week: Out-of-Step Industries

Sometimes the best investments come from a small group that seems to be bucking the trend of the much larger group that they are a part of. That appears to be the case for the Oil Royalty Trust group. There are eight names in this group, all of which sport Zacks #2 rankings. That puts them in a tie for 4th place among all industries tracked. Meanwhile, the Energy sector is well down the list overall sector rank list.

With royalty trusts, you get high dividends

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Stock Market News for November 4, 2009 – Market News

Zacks Market Commentaries (November 4th, 2009) Writes:

U.S. stocks wobbled Tuesday and ended the day mixed even as automakers reported improved auto sales and Warren Buffet’s Berkshire Hathaway said it would buy Burlington Northern Santa Fe Corp.  Traders were reluctant to place big bets as they awaited the outcome of a two-day FOMC meeting which got underway Tuesday and Friday's monthly jobs report.  Although expectations are the Fed would keep interest rates in the 0-0.25% range, Wall Street has been speculating if there would be a change of tone in the policy statement. 

On Tuesday, the 30-stock Dow Jones industrial average closed down 17.53 points, or 0.18%, to 9,771.91.  The broad Standard & Poor's 500-stock index added 2.53 points, or 0.24%, to 1,045.41 and the tech-heavy Nasdaq advanced 8.12 points, or 0.40%, to 2,057.32.  On the NYSE, volume slowed to 1.38 billion shares.  

The news of a sale of 200 tons of gold to India sent

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A New Audio Interview with William A. Sawyer, President and CEO of Lucas Energy, is Now at SmallCapVoice.com

Stuart Smith (November 3rd, 2009) Writes:

AUSTIN, Texas–(BUSINESS WIRE)–SmallCapVoice.com, Inc. announced today that a new audio interview with Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company based in Houston, Texas, is now available. The interview can be heard at http://smallcapvoice.com/blog/11-2-09-audio-interview-with-lucas-energy-inc-nyse-amex-lei/.

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.

Lucas Energy, Inc.

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Chicago Bridge & Iron Beats – Analyst Blog

Zacks Market Commentaries (November 2nd, 2009) Writes:
Chicago Bridge & Iron Company NV (CBI) reported net income of $40.8 million, or 42 cents per diluted share, for the third quarter of 2009, compared with $8.6 million, or 9 cents per diluted share, in the third quarter of 2008. This was higher than Zacks Consensus Estimate of 38 cents per share. Revenue for the quarter was $1.0 billion compared with third quarter 2008 revenue of $1.6 billion.  New awards for the reported quarter totaled $1.6 billion, including CB&I’s $550 million Gorgon LNG contract in Australia and the $530 million GASCO award in Abu Dhabi. With less work, the company cut sales-related costs 39%, although overhead shrank by a more modest 12%.  Earlier, the company had announced that it has agreed to buy hydrogen-management technology from H2Gen Innovations Inc. in order to get hold of the Mars modularized Pressure Swing Adsorption (PSA) technology. H2Gen's PSA technology ...

Americas Energy Company and Trend Technology Corp. (TRET.OB) Announce the Sale of Initial Production from Oil Well

QualityStocks (October 30th, 2009) Writes:

Americas Energy Company, a consolidator of high-quality energy properties with projects in both Kentucky and Tennessee, recently announced that the company, along with Trend Technology Corporation, sold the initial production from its first oil well. This oil well is on a timed pumping program in order to extend its production life and is currently producing 15 barrels to 20 barrels of oil per day.

Chris Headrick, president and co-chief executive officer of Americas Energy Company, stated, “The sale of the production from our first oil well to Somerset Energy Refining in Somerset, Kentucky has set the stage for our oil division. We have entrusted the development of that division to Mr. Jimmy A. Dunn Jr., as our vice president of oil and gas.”

Mr. Headrick continued, “Based on the success of the first well, Mr. Dunn and Americas Energy Company have established an aggressive development plan to initiate production on our

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Stock Market News for October 30, 2009 – Market News

Zacks Market Commentaries (October 30th, 2009) Writes:

U.S. stocks rose strongly Thursday, reversing a four-session losing run, after a government report said the economy grew more than expected in the July-September quarter.  Investors shunned Treasuries and jumped back into stocks after the report signaled the economy had emerged from the worst recession since the 1930s. 

The positive surprise was enough to propel benchmark indexes to their biggest advance since July and send safe havens like Treasuries and dollar lower.  Caterpillar Inc. (NYSE:CAT) and Alcoa Inc. (NYSE:AA) advanced at least 5.1% after the Commerce Department said the economy returned to growth following four straight quarters of decline.  Crude prices jumped $2.44, or 3.1%, to $79.87 and gold was up $16.50 to $1046.40.

The S&P 500 registered its biggest one-day gain since July 23, jumping 2.2% to close at 1,066.11.  The 30-share Dow Jones industrial average shot up by 199.89 points, or 2.05%, at 9,962.58 and the tech-heavy

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Stock Market News for October 29, 2009 – Market News

Zacks Market Commentaries (October 29th, 2009) Writes:

Renewed fears that the global economic recovery is faltering shook investors across Asia, sending stock markets in the region sharply lower Thursday.  The Nikkei fell below the 10,000 mark for the first time in three weeks.  Dollar and yen rose as hedge funds sold off risky positions and traders trimmed their appetite for risk. 

The Nikkei 225 stock average fell 1.8% to 9,891.10 and Hong Kong’s Hang Seng index plunged 2.3% to 21,264.99 points. In Mainland China, the Shanghai Composite Index dropped 2.3% to close at 2,960.47.  All other major indices in the region ended in the red.   

On Wednesday, US stocks tumbled after a weaker-than-anticipated new home sales report aggravated concerns that the seven-month old rally has gone ahead of any economic recovery.  To add to the bearish sentiment Goldman Sachs lowered its projection for the third-quarter gross domestic product.  The government's report on third-quarter GDP is due

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Geokinetics Inc – Aggressive Growth – Zacks Rank Buy

Zacks Market Commentaries (October 29th, 2009) Writes:
Geokinetics Inc (GOK) is looking to beat analyst expectations once again when it reports next week. Estimates are rising and shares are doing fantastic.

Company Description

Geokinetics Inc provides seismic data and related services to oil and gas companies. The company has a strong footprint in North America, but also targets several international markets.

Revenue Up 28%

On Aug 6 Geokinetics announced its second quarter results that included a 28% jump in revenue to $145 million. Additionally, the company reported a strong backlog with roughly $318 million.

Earnings per share came in at 12 cents, crushing estimates that averaged a 7 cent loss. The next earnings report is due out on Nov 5 after the market closes.

Bullish revisions

Full-year estimates jumped following the report. The Zacks Consensus Estimate for this year is now 42 cents, up from 34 cents over the past 90 days. Next year's estimates are

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Stock Market News for October 27, 2009 – Market News

Zacks Market Commentaries (October 27th, 2009) Writes:

US stocks ended Monday with losses on fresh concerns that the current market levels are overblown.  A rebound in dollar against key foreign currencies sent commodities lower and financials fell as reports emerged the federal government may require Bank of America to raise more capital.  The group took another beating as influential analyst Richard Bove trimmed his ratings on a number of regional banks.  Homebuilders also led the market lower on reports the first time homebuilders' tax credit is unlikely to be extended.

The Dow Jones industrial average oscillated within a 200-point range and briefly touched the 10,000 mark, before some profit taking saw the index squandering the earlier advance and ending the day 104-points lower.  Technology shares, only sector to have recorded gains last week, fell out of favor and slid along with the broader market.  The technology-laden Nasdaq retreated 12.62 points, or 0.6%, to 2,141.63.  The CBOE

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Gran Tierra Energy (GTE) Finds itself Ahead of Oil Production Targets and Possible Royalty Payments

QualityStocks (October 26th, 2009) Writes:

Being in the right place with the right product is more than half the game when it comes to making profit. The oil commodity market is a prime example. There will be times when the price for the commodity is down and a company needs to retrench. Other times find the market flying high with profits flowing nicely. In either event, a company must be ready for the cycle to change. If a company can time there activities to match what “may” happen in the pricing cycle, large profit windfalls can occur.

Gran Tierra Energy Inc., an oil and gas exploration company, works to explore and exploit oil and gas in Columbia, Argentina and Peru. The company’s headquarters are located in Calgary, Canada. The company is currently focusing its exploration and development work on the southern basin of Columbia, South America. To date, schedules to meet 19,000 BOPD are running ahead

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