CORAL SPRINGS, Florida, January 25, 2013 /PRNewswire/ --
FinancialNewsMedia.com "Active Energy Companies to Watch" for today: Peabody Energy Corp. (NYSE:BTU), New Colombia Resources, Inc. (OTC: NEWC), SandRidge Energy Inc. (NYSE: SD), Halliburton Company (NYSE: HAL) and Chesapeake Energy Corporation (NYSE: CHK)
Industry analysts expect U.S. natural gas prices to increase this coming year which could lead electric power generators to once again return to coal. Natural gas prices reached their lowest level in more 10+ years in 2012, prompting many power plants to switch from coal to cheaper natural gas. In 2013, gas prices are expected to rise nearly 35 percent. Consumption of natural gas for power generation will drop more than 10 percent, according to the US Energy Information Administration's Short-Term Energy Outlook released in December 2012.
The largest US coal producer, Peabody Energy Corp. (NYSE:BTU), expects the rise in natural gas prices to fuel a 40 to 60 million ton rebound in coal demand in 2013. The industry could regain nearly half of the 120 million ton loss in demand in 2012. The critical point for individual investors who particularly follow energy stocks is to find the steady and emerging companies positioning themselves for providing solutions for the growing global demand of certain energy producing opportunities.
Active Energy Plays to keep a close eye on are:
Peabody Energy Corp. (NYSE: BTU) News: The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Feb. 28, 2013, to holders of record on Feb. 7, 2013. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions.
New Colombia Resources, Inc. (OTC: NEWC) (formally known as VSUS Technologies - VSUT) is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. NEWC owns 100% of La Tabaquera mine in Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. The company has recently retired its remaining convertible debt and entered into a definitive agreement to acquire a 12 year old South Colombian Mining entity in order to begin the process of ramping up operations in Columbia. New Colombia Resources price per share was $0.005 back in late November, 2012. Today NEWC is trading up over 900% since news about its operations are ramping up and according to John Campo, NEWC President, the next few weeks should be exciting times for the company. For more details go to:
SandRidge Energy Inc. (NYSE: SD) News: SandRidge Energy's board said Friday it reviewed land deals involving entities controlled by Chief Executive Tom Ward and his family and found no wrongdoing. The company said in a statement its independent directors would consider requests from two activist investors - who are already working to have Ward removed - to hire outside investigators to look into the charges. SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City, Oklahoma with its principal focus on exploration and production.
Halliburton Company (NYSE: HAL) posted a profit of $669 million, or 72 cents a share, down from $906 million, or 98 cents a share, a year earlier on continued weakness on the North American business. Analysts had, on average, expected per-share earnings of 61 cents, according to a poll by FactSet. The results were strong "despite a difficult environment," analysts at UBS said in a note to clients, adding that Halliburton "remains a top pick." Halliburton is the world's second- largest oilfield-services provider, reported fourth-quarter earnings that beat analysts' estimates as customers around the world boosted spending at the end of the year.
Chesapeake Energy Corporation (NYSE: CHK) News: Leading methanol producer Methanex Corporation (MEOH) has forged a 10-year supply pact with Oklahoma-based Chesapeake Energy Corporation (CHK), the second largest natural gas producer in the U.S. Under the agreement, Chesapeake will supply natural gas for Methanex's methanol plant in Geismar, La. The supply will begin with the startup of the 1-million ton plant, which is expected in late 2014.
Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. You can also get breaking news first with our FREE SMS Text Alerts formatted specially for mobile phones by texting STOCKS to 545454 from your cellular device. (SMS alerts are free; however standard message & data rates may apply. Check with your carrier for more details.)
If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge investor outreach solutions, contact us now at firstname.lastname@example.org or visit us at http://www.financialnewsmedia.com.
DISCLAIMER: FN Media Group LLC (FNMG), a third party publisher and news dissemination service provider, owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was not compensated on behalf any company named herein but expects to be compensated for providing news coverage for New Colombia Resources, Inc. (OTCQB: NEWC), at which time such compensation shall be fully disclosed. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC