There are a handful of companies that may be on the verge of discovering the next big shale play, but because the Eagle Ford has been so prolific over the past two years, these initiatives remain "wait and see" stories. In this video, Fool.com contributor Aimee Duffy addresses two such developments, and gives us an update on the overall production numbers for the Eagle Ford, helping to explain exactly why oil producers can't focus on anything else right now.
It isn't solely oil companies making big investments in the Eagle Ford -- it's midstream companies as well. Enterprise Products Partners is one such company spending big money -- and seeing big returns. To help investors decide whether Enterprise Products Partners is a buy or a sell today, click here now to check out The Motley Fool's brand-new premium research report on the company.
Top 5 Wireless Telecom Stocks To Watch For 2014: ClearOne Communications Inc.(CLRO)
ClearOne Communications, Inc., a communications solutions company, develops and sells conferencing, collaboration, and streaming multimedia systems for audio, video, and Web applications. It develops, manufactures, markets, and services a line of audio conferencing products for personal, tabletop, premium, and professional uses by businesses and organizations, such as enterprise, healthcare, education and distance learning, government, legal, and finance organizations. The company also offers various residential products under the NetStreams DigilinX brand and commercial products under the VIEW brand, which deliver the Internet protocol (IP) A/V experience by streaming high definition audio and video, and control over TCP/IP networks. Its audio and video, and control solutions support virtually various digital or analog sources, including high definition audio and video content sources, and an unlimited number of networked end points on existing IP networks and infrastruct ure. In addition, the company manufactures and sells media carts for audio and video conferencing. It serves end-users, including small and medium-sized businesses, educational institutions, government organizations, and individual consumers primarily through a network of independent distributors who in turn sell the products to dealers, systems integrators, and other value-added resellers, as well as through a network of residential electronics dealers. ClearOne Communications, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.
Top 5 Wireless Telecom Stocks To Watch For 2014: Wynn Resorts Limited(WYNN)
Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates Wynn Las Vegas casino resort in Las Vegas, which includes approximately 22 food and beverage outlets comprising 5 dining restaurants; 2 nightclubs; 1 spa and salon; 1 Ferrari and Maserati automobile dealership; wedding chapels; an 18-hole golf course; meeting space; and foot retail promenade featuring boutiques. Wynn Las Vegas casino resort also features approximately 147 table games, 1 baccarat salon, private VIP gaming rooms, 1 poker room, 1,842 slot machines, and 1 race and sports book. It also owns and operates an Encore at Wynn Las Vegas resort, a destination casino resort located adjacent to Wynn Las Vegas that features a 2,034 all-suite hotel, as well as a casino with 95 table games, 1 sky casino, 1 baccarat salon, private VIP gaming rooms, and 778 slot machines. In addition, the company operates Wyn n Macau casino resort located in the Macau Special Administrative Region of the People?s Republic of China. Wynn Macau casino resort features approximately 595 hotel rooms and suites, 410 table games, 935 slot machines, 1 poker room, 1 sky casino, 6 restaurants, 1 spa and salon, lounges, meeting facilities, and retail space featuring boutiques. Further, it operates Encore at Wynn Macau resort located adjacent to Wynn Macau. Encore at Wynn Macau resort features approximately 410 luxury suites and 4 villas, as well as casino gaming space, including a sky casino consisting of 60 table games and 80 slot machines, 2 restaurants, 1 luxury spa, and retail space. The company was founded in 2002 and is based in Las Vegas, Nevada.
Advisors' Opinion:- [By Jeanine Poggi]
Wynn Resorts'(WYNN) run up of more than 55% this year has caused Wall Street to question its valuation.
Currently, eight analysts have a buy rating on Wynn, 16 say hold, two rate it underperform rating and one says to sell the stock.
"With little on the growth horizon in the intermediate term, new competition from Cotai coming in 2011 and 2012 ... and the unclear timing of a true recovery in Las Vegas, we see few catalysts not yet priced-in to pull valuation higher than current levels," Bain wrote in a note following its third-quarter earnings report.
During the quarter, Wynn lost $33.5 million, or 27 cents a share, compared with a profit of $34.2 million, or 28 cents, in the year-ago period. The loss was attributed to charges related to servicing its debt. On an adjusted basis, Wynn actually earned 39 cents, matching Wall Street's outlook.
Total Revenue grew to $1 billion from $773.1 million, better than the $990.8 million analysts predicted.
In Macau, Wynn reported a 50% surge in revenue to $671.4 million, while EBITDA was $198 million, up 54.5% from $128.2 million in the third quarter of 2009. Earlier in the year the company opened its $600 million Wynn Encore Macau, which added 414 rooms to the market.
Looking ahead, Wynn expects to break ground on its Cotai development in early 2011. The $2 billion to $3 billion project is slated to open in 2015, and management said it would provide additional details following its fourth-quarter earnings report.
In Las Vegas, CEO Steve Wynn says the Strip is on the road to recovery. "I believe we have seen the bottom in Las Vegas," he said during the company's third-quarter conference call. "I don't know how fast it is going to get better but it isn't going to get any worse."
Las Vegas revenue inched up 3.1% to $334.5 million during the three-month period, and EBITDA grew 9.3% to $76.5 million.
Wynn also issued a cash dividend of $8 a share payable on Dec. 7 to sharehold! ers of record on Nov. 23.
- [By Carlson]
Wynn Resorts(WYNN) saw its second-quarter profit more than double, but most of that strength came from casino wins, and investors were unimpressed.
During the quarter, the casino operator earned $52. 4 million, or 52 cents a share, on revenue of $1.03 billion, higher than forecasts of 42 cents on revenue of $992.3 million. This compares with a profit of $25.5 million, or 21 cents, on revenue of $723.3 million, in the year-ago period.
Wynn had already pre-announced disappointing results for its Las Vegas properties, citing higher costs, including employee health care and benefits, and marketing expenses. Its operating loss for its Wynn Las Vegas and Encore widened to $17.2 million from $8.3 million last year. Revenue rose 1.7% to $318 million.
Occupancy at the Wynn Las Vegas jumped to 92.6% from 86.6% a year earlier, but revenue per available room fell 3.2%.
Still, management indicated that there is a slight improvement on the Strip, with an increase in forward group bookings and some bright spots for the ability to yield rates. But management tempered enthusiasm by saying there are some struggles and uncertainty in the marketplace.
"We hope for continued improvement in Las Vegas or -- let me put it different, we hope that we'll get smarter in Las Vegas in dealing with the peculiarities of this market --and this very, very mercurial, national economic market we're living with," said Steve Wynn, chief executive, in a conference call. "The national economy and the political environment in the country as we head up to the elections [is] very, very touchy. And it is impacting all businesses."
The biggest boost, of course, came from Macau, where revenue surged 74% to $714.4 million from $410.4 million last year.
The company opened its Encore Macau in the spring, boosting its market share to about 16% from about 13%, Sterne Agee analyst David Bain wrote in a note.
Wynn is in the process of working on a new development on the Cotai st! rip, which should spike investors' interest as more details are revealed in the coming quarters.
Still, investors are concerned that as comparisons get harder in Macau, and second-quarter results are adjusted for hold (how much the casino won), Wynn may not be able to outperform. But Bain reassures, "this has been discussed as nauseam by investors, sell-side analysts, the press -- and even dinner-table relatives -- for some time. We believe the Street is underestimating the summer months in Macua, which may help to produce a new leg up for Macau stories, with Wynn being the most profitable on a per position basis."
Top US Stocks To Invest In 2014: Strongbow Exploration Inc. (SBW.V)
Strongbow Exploration Inc. engages in the acquisition, exploration, and development of mineral resource properties in the United States and Canada. The company explores for gold, nickel, copper, and cobalt sulphide deposits. Its primary exploration properties include the Midway gold project consisting of approximately 3,500 acres and the Ridgeway project consisting of approximately 1,300 acres of privately owned land in South Carolina; and the Nickel King project comprising 7,642 hectares in the Northwest Territories. The company also holds interests in gold and copper-gold exploration properties in British Columbia; and nickel project extending from northern Saskatchewan northeastward into the Northwest Territories. Strongbow Exploration Inc. is headquartered in Vancouver, Canada.
Top 5 Wireless Telecom Stocks To Watch For 2014: Stonehenge Metals Ltd(SHE.AX)
Stonehenge Metals Limited engages in the exploration of uranium in South Korea. The company also explores for lead, zinc, silver, and tin in Tasmania. It principally holds interests in Daejon Project located in South Korea. The company was incorporated in 2006 and is based in Perth, Australia.
Top 5 Wireless Telecom Stocks To Watch For 2014: J. Alexander's Corporation(JAX)
J. Alexander?s Corporation operates casual dining restaurants in the United States. The company?s restaurants offer American menu. As of March 16, 2012 it operated 33 J. Alexander?s restaurants in Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Michigan, Ohio, Tennessee, and Texas. J. Alexander?s Corporation was founded in 1970 and is headquartered in Nashville, Tennessee.
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