Looking at the underlying holdings of the ETFs in our coverage universe at &l;a href=&q;https://www.etfchannel.com/&q; target=&q;_blank&q;&g;ETF Channel&l;/a&g;, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.&a;nbsp; For the First Trust Dow Jones Internet Index Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $149.60 per unit.
With FDN trading at a recent price near $136.57 per unit, that means that analysts see 9.54% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FDN&s;s underlying holdings with notable upside to their analyst target prices are Ebix, 8x8, and Salesforce.com. Although EBIX has traded at a recent price of $75.34/share, the average analyst target is 24.44% higher at $93.75/share. Similarly, EGHT has 21.96% upside from the recent share price of $20.17 if the average analyst target price of $24.60/share is reached, and analysts on average are expecting CRM to reach a target price of $171.57/share, which is 10.76% above the recent price of $154.90.
Top 5 Energy Stocks To Buy Right Now: Cross Timbers Royalty Trust(CRT)
Cross Timbers Royalty Trust, incorporated on February 12, 1991, is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma. Its net profits interests consist of approximately 75% net profits interests, which are carved from working interests in over four properties in Texas and three properties in Oklahoma.
All underlying royalties, underlying non-producing royalties and underlying working interest properties are owned by XTO Energy Inc. (XTO Energy). The underlying properties include over 2,900 producing properties with established production histories in Texas, Oklahoma and New Mexico. The average reserve-to-production index for the underlying properties is approximately 10 years. Royalty and overriding royalty properties underlying over 90% net profits interests represent approximately 94% of the discounted future net cash flows from the Trust's proved reserves. Approximately 69% of the discounted future net cash flows from over 90% net profits interests are from gas reserves, totaling approximately 19.9 billion cubic feet (Bcf). Oil reserves allocated to approximately 90% net profits interests are located in West Texas and are estimated to over 428,000 barrels (Bbls).
The underlying royalties are royalty and overriding royalty interests primarily located in mature producing oil and gas fields. The producing region, in which the underlying royalties are located, is the San Juan Basin in northwestern New Mexico. The Trust's estimated proved gas reserves from this region totaled over 13.5 Bcf, or approximately 82% of Trust total gas reserves. XTO Energy estimates that underlying royalties in the San Juan Basin include over 4,850 gross (approxima! tely 47.3 net) wells, covering approximately 60,000 gross acres. Approximately half of these wells are operated by BP America Production Company or ConocoPhillips.
The underlying royalties also include royalties in the Sand Hills field of Crane County, Texas. The Sand Hills field includes production from over three main intervals, the Tubb, McKnight and Judkins. The underlying royalties contain approximately 208,720 gross (approximately 38,970 net) producing acres. Underlying over 75% net profits interests are working interests in over seven oil-producing properties in Texas and Oklahoma operated primarily by established oil companies. These properties are located in mature fields undergoing secondary or tertiary recovery operations. Proved reserves from the 75% net profits interests are oil, estimated to be approximately 55,000 Bbls. Proved reserves from these interests represent over 6% of the discounted future net cash flows of the Trust's proved reserves. The underlying working interest properties consist of approximately 3,810 gross (over 2,990 net) producing acres.
Advisors' Opinion:- [By Ethan Ryder]
Cross Timbers Royalty Trust (NYSE:CRT) announced a dividend on Tuesday, August 21st, NASDAQ reports. Stockholders of record on Friday, August 31st will be paid a dividend of 0.108 per share by the oil and gas company on Monday, September 17th. The ex-dividend date of this dividend is Thursday, August 30th.
- [By Ethan Ryder]
News stories about Cross Timbers Royalty Trust (NYSE:CRT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cross Timbers Royalty Trust earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.0297657024049 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Top 5 Energy Stocks To Buy Right Now: World Fuel Services Corporation(INT)
World Fuel Services Corporation, incorporated on July 20, 1984, is a fuel logistics, transaction management and payment processing company. The Company provides energy management solutions to the aviation, marine and land transportation industries. The Company operates through three segments: aviation, marine and land. The aviation segment offers fuel and related services to commercial airlines second and third-tier airlines, cargo carriers, regional carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets and to the United States and foreign Governments, as well as intergovernmental organization. The marine segment offers fuel, lubricants, and related products and services to a base of marine customers, including international container and tanker fleets, commercial cruise lines, yachts and time-charter operators, the United States and foreign Governments, as well as other fuel suppliers. The land segment offers fuel, lubricants, and related products and services to petroleum distributors operating in the land transportation market, retail petroleum operators, and industrial, commercial, residential and government customers.
Aviation
The Company's aviation segment offers services, which include fuel management, price risk management, ground handling and around the clock global dispatch services. It also arranges and provides international trip planning, including flight plans, weather reports and overflight permits. In addition, it offers card payment solutions and related processing services.
Marine
The Company's marine segment offers marine fuel related services, which include management services for the procurement of fuel, cost control through the use of price hedging instruments, quality control, claims management, and card payment solutions and related processing services. The Company also sells fuel from its inventory, which it maintains in certain locations in storage facilities tha! t it owns or leases. The marine segment's activity consists of spot sales. It also contracts with third parties to provide various services for its customers, including fueling of vessels in port and at sea, and transportation and delivery of fuel and fuel-related products.
Land
The Company's land segment provides land related services, which include management services for the procurement of fuel and price risk management. It conducts these activities in the United States, as well as parts of the United Kingdom and Brazil. It offers transaction management services, which include card payment solutions, merchant processing services, payment solutions for tolls across Europe, government payment systems for global fuel procurement, and commercial payment programs in the land transportation industry. In connection with its fuel marketing activities, the Company serves as a reseller and purchases fuel from a supplier and contemporaneously resells it to its customers through spot and contract sales. It also maintains inventory in certain locations, including pipelines.
Advisors' Opinion:- [By Ethan Ryder]
World Fuel Services Corp (NYSE:INT) – Equities research analysts at Seaport Global Securities issued their Q1 2020 earnings per share (EPS) estimates for World Fuel Services in a research report issued to clients and investors on Thursday, March 7th. Seaport Global Securities analyst K. Sterling forecasts that the oil and gas company will earn $0.56 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $40.00 target price on the stock. Seaport Global Securities also issued estimates for World Fuel Services’ Q2 2020 earnings at $0.60 EPS, Q3 2020 earnings at $0.80 EPS, Q4 2020 earnings at $0.74 EPS and FY2020 earnings at $2.70 EPS.
- [By Motley Fool Transcribers]
World Fuel Services Corp (NYSE:INT)Q4 2018 Earnings Conference CallFeb. 21, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Get a free copy of the Zacks research report on World Fuel Services (INT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Royce & Associates LP cut its position in shares of World Fuel Services Corp (NYSE:INT) by 38.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 236,227 shares of the oil and gas company’s stock after selling 149,743 shares during the quarter. Royce & Associates LP owned 0.35% of World Fuel Services worth $4,821,000 as of its most recent filing with the SEC.
Top 5 Energy Stocks To Buy Right Now: Magnolia Oil & Gas Corporation(MGY)
Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2020, its assets consisted of a total leasehold position of 460,398 net acres, including 23,513 net acres in Karnes, Gonzales, DeWitt, and Atascosa counties, Texas; 436,885 net acres in the Giddings Field located in Austin, Brazos, Burleson, Fayette, Lee, Grimes, Montgomery, and Washington Counties, Texas; and approximately 1,160 net wells with a total production capacity of 61.8 thousand barrels of oil equivalent per day. The company is headquartered in Houston, Texas.
Advisors' Opinion:- [By Shane Hupp]
Magnolia Oil & Gas Corp (NYSE:MGY) – Analysts at SunTrust Banks issued their Q1 2019 EPS estimates for shares of Magnolia Oil & Gas in a research report issued on Tuesday, February 26th. SunTrust Banks analyst N. Dingmann forecasts that the company will post earnings per share of $0.22 for the quarter. SunTrust Banks also issued estimates for Magnolia Oil & Gas’ Q2 2019 earnings at $0.23 EPS, Q3 2019 earnings at $0.23 EPS and Q4 2019 earnings at $0.22 EPS.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Magnolia Oil & Gas (MGY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Energy Stocks To Buy Right Now: Helix Energy Solutions Group, Inc.(HLX)
Helix Energy Solutions Group, Inc., together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. It operates through three segments: Well Intervention, Robotics, and Production Facilities. The company engineers, manages, and conducts well construction, intervention, and abandonment operations in water depths ranging from 200 to 10,000 feet; and operates remotely operated vehicles (ROVs), trenchers, and ROVDrills for offshore construction, maintenance, and well intervention services. It also offers Well intervention; intervention engineering; production enhancement; inspection, repair and maintenance of production structures, trees, jumpers, risers, pipelines and subsea equipment; and life of field support. In addition, the company provides reclamation and remediation services; well plugging and abandonment services; pipeline abandonment services; and site inspections. Further, it engages in the installation of subsea pipelines, flowlines, control umbilicals, manifold assemblies, and risers; burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection; and cable and umbilical lay and connection. Additionally, the company offers oil and natural gas processing services to oil and natural gas companies; and fast response system services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, alternative energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.
Helix Energy Solutions Group (NYSE:HLX) had its price target reduced by equities researchers at Cowen from $11.00 to $10.00 in a research note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the oil and gas company’s stock. Cowen’s target price indicates a potential upside of 37.93% from the stock’s current price. A number of institutional investors have recently bought and sold shares of the stock. Macquarie Group Ltd. increased its position in Helix Energy Solutions Group by 1.1% in the fourth quarter. Macquarie Group Ltd. now owns 4,442,065 shares of the oil and gas company’s stock worth $24,031,000 after buying an additional 46,900 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in Helix Energy Solutions Group in the fourth quarter worth about $263,000. Gotham Asset Management LLC purchased a new stake in Helix Energy Solutions Group in the fourth quarter worth about $1,922,000. Metropolitan Life Insurance Co. NY increased its position in Helix Energy Solutions Group by 397.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 47,600 shares of the oil and gas company’s stock worth $258,000 after buying an additional 38,026 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its position in Helix Energy Solutions Group by 22.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 145,536 shares of the oil and gas company’s stock worth $787,000 after buying an additional 27,016 shares in the last quarter. Institutional investors own 94.63% of the company’s stock. Helix Energy Solutions Group Company Profile (NYSE:HLX) Get a free copy of the Zacks research report on Helix Energy Solutions Group (HLX) For more information about research offerings from Zacks Investment Research, visit Zacks.com Small cap alternative fuel systems and component stock Westport Fuel Systems (NASDAQ: WPRT) just jumped almost 40% in morning trading after announcing that its Chinese joint venture had received certification from the Ministry of Ecology and Environment of China (MEE) for its 12-liter engine equipped with the HPDI 2.0TM fuel system (WP12HPDI) – meaning the Company is positioned to sell to truck original equipment manufacturers (OEMs) in China. Westport Fuel Systems (NASDAQ:WPRT) shareholders, who've watched their stock lose 45% of its value over the past year, got even more bad news today: Chief Financial Officer Michael Willis has resigned, and Westport doesn't have a ready replacement. Westport Fuel Systems Inc (NASDAQ:WPRT) (TSE:WPRT) has earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $4.70. Top 5 Energy Stocks To Buy Right Now: Westport Innovations Inc(WPRT)
Westport Fuel Systems Inc (Westport), formerly Westport Innovations Inc, is a Canada-based provider of low-emission engine and fuel system technologies utilizing gaseous fuels. It operates through the Westport Operations segment. The Westport Operations segment designs, manufactures and sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers. Westport's subsidiaries design and manufacture a range of components, including pressure regulators, injectors, electronic control units, valves and filters; sell monofuel, bi-fuel and dual-fuel diesel blend conversion kits, and also offer full engine management systems and solutions. The Westport Operations segment has a customer base in Europe and North America, as well as in Asia, South America, and Africa. Westport supports customers with natural gas and propane vehicle conversions through the Ford QVM program for Ford vehicles. Advisors' Opinion:
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