Commodities & Metals

All Commodities & Metals Articles

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Mosaic Company Earnings Weak, Look to Get Weaker

thinkstock The Mosaic Co. (NYSE: MOS) reported third-quarter 2013 results before markets opened Tuesday morning. The fertilizer maker reported diluted earnings per share (EPS) of $0.29 on revenues of $1.9 billion. In the same…

Paul Ausick · 13 years ago

More Value Being Found in Coal Leaders

ThinkstockIf you paid attention to the first “warning” that coal was becoming safe again, then you have probably had a good couple of weeks in the stock market. The reality is that coal is…

Jon C. Ogg · 13 years ago

Barrick Stock Sale Puts New Risk in All Gold Mining Stocks

ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to injury by…

Jon C. Ogg · 13 years ago

Barrick Gold Hat Trick: Mega-Stock Sale to Pay Debt

ThinkstockYou have heard of robbing Peter to pay Paul, but how about diluting equity to wipe out debt? Barrick Gold Corp. (NYSE: ABX) was already lower after earnings by 5.4%, and it has taken on…

Jon C. Ogg · 13 years ago

Natural Gas Supply Weighs on Price

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 38 billion cubic feet for the week ending October 25. That compared with an expected build of about…

Paul Ausick · 13 years ago

Barrick Gold Earnings Do Not Tell the Whole Story

ThinkstockBarrick Gold Corp. (NYSE: ABX) reported third-quarter 2013 earnings before markets opened Thursday morning. The gold miner posted adjusted earnings per share (EPS) of $0.58 on revenues of $2.99 billion. In the same period…

Paul Ausick · 13 years ago

Valero Signals a Shift to Better Refining Margins

courtesy Phillips 66Oil refiner Valero Energy Corp. (NYSE: VLO) reported third quarter 2013 earnings before markets opened Tuesday morning. The results were no better than good enough, but the company is looking forward to…

Paul Ausick · 13 years ago

Arch Coal Earnings Get a Boost from Impairment Charge

ThinkstockArch Coal Inc. (NYSE: ACI) reported third-quarter 2013 results before markets opened Tuesday morning. The coal miner posted an adjusted diluted earnings per share (EPS) loss of $0.01 on revenues of $791.3 million. In…

Paul Ausick · 13 years ago

Multibillion Coal Mine Sale, Value Hard to Recreate Among Rivals

ThinkstockCONSOL Energy Inc. (NYSE: CNX) announced Monday morning the sale its Consolidation Coal Company (CCC) subsidiary to a subsidiary of privately held Murray Energy Corp. for $3.5 billion. In addition to the five West…

Paul Ausick · 13 years ago

Russia’s Diamond IPO Is a Bust

ThinkstockMore than two years ago the Russian government announced that it would sell 20% to 25% of its state-owned diamond mining company, Alrosa, in an initial public offering (IPO). Originally the offering would have…

Paul Ausick · 13 years ago

Goldcorp Earnings Break Pattern of Recent Misses

ThinkstockGoldcorp Inc. (NYSE: GG) reported third-quarter 2013 earnings before markets opened Thursday morning. The gold miner posted adjusted earnings per share (EPS) of $0.23 on adjusted revenues of $1.2 billion. In the same period…

Paul Ausick · 13 years ago

Market Turmoil Upends PotashCorp Earnings

thinkstock Potash Corp. of Saskatchewan Inc. (NYSE: POT) reported third-quarter 2013 results before markets opened Thursday morning. The fertilizer maker posted diluted earnings per share (EPS) of $0.41 on revenue of $1.5 billion. In…

Paul Ausick · 13 years ago