Top Energy Stocks To Own Right Now

Chinese e-commerce giant JD.com (NASDAQ:JD) reported results for the second quarter on Thursday morning. The company’s unadjusted net losses ballooned while revenue surged 35% compared to the year-ago period.

JD’s second-quarter results: The raw numbers

Metric

Q2 2018

Q2 2017

Year-Over-Year Change

Revenue

$18.5 billion

$13.7 billion

35%

Net income (loss) attributable to shareholders

($334 million)

($42 million)

N/A

GAAP earnings per American depositary share (diluted)

($0.23)

($0.03)

N/A

Data source: JD.

What happened with JD this quarter?
The JD Mall online shopping business saw sales rising 30% year over year in constant currencies, while operating profits in this segment jumped 41%. This core division collected 97% of JD’s total revenue in the second quarter. JD’s technology and content expenses — roughly equivalent to what most companies would call research and development — rose 80% year over year. The company is making heavy investments into a more advanced supply chain and logistics operation, which include paying top dollar for high-quality research staffers. This surge accounted for roughly $400 million of the increased operating costs. The rising technology expenses were largely allocated to JD’s “new businesses” segment, where revenues nearly tripled but operating losses grew fivefold. Backing out share-based compensation from the bottom-line figures above also makes a huge difference. Noncash compensation for JD’s employees accounted for $142 million of this quarter’s operating costs, up from $110 million in the year-ago period. Free cash flow from continuing operations fell 34%, landing at $1.99 billion. Noncash expenses play a large part in JD’s slim or negative bottom-line margins. Alphabet’s Google subsidiary invested $550 million in JD near the end of the second quarter. The two companies struck an agreement to develop an international shopping platform and are also exploring joint research ideas in fields such as artificial intelligence and virtual reality. Chinese digital entertainment specialist iQiyi started its own JD partnership in April. The two companies now offer bundled membership packages that give Chinese consumers access to both iQiyi’s and JD’s premium services at a discount.

Image source: JD.com.

Top Energy Stocks To Own Right Now: Alleghany Corporation(Y)

Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company owns and manages operating subsidiaries and investments, which are involved in the property and casualty reinsurance and insurance. The Company operates through two segments: reinsurance and insurance. The Company’s reinsurance segment consists of property and casualty reinsurance operations conducted by the Company’s subsidiary, Transatlantic Holdings, Inc. (TransRe), and its reinsurance operating subsidiaries. The Company’s insurance segment consists of property and casualty insurance operations conducted by Alleghany Insurance Holdings LLC (AIHL) through its insurance operating subsidiaries, RSUI Group, Inc. (RSUI), CapSpecialty, Inc. (CapSpecialty) and Pacific Compensation Corporation (PacificComp). The Company owns and manages properties in the Sacramento, California region through its subsidiary, Alleghany Properties Holdings LLC (Alleghany Properties).

Reinsurance Segment

TransRe, through its subsidiaries, Transatlantic Reinsurance Company (TRC), TransRe London Ltd. (TRL) and TransRe Zurich Ltd. (TRZ), offers reinsurance capacity to reinsurance and insurance companies for property and casualty products. These products are distributed through brokers and on a direct basis in both the domestic and foreign markets. TransRe has operations across the world, including Africa, Australia, Bermuda, Canada, approximately five locations in Asia, over three locations in Central and South America, and approximately seven locations in the United Kingdom and Europe. TRC is licensed, accredited or authorized or can serve as a reinsurer in all 50 states and the District of Columbia in the United States and in Puerto Rico and Guam. TRC is also licensed in Bermuda, Canada, Japan, the United Kingdom, the Dominican Republic, the Hong Kong Special Administrative Region of the People’s Republic of China, Germany, Australia and Singapore. TRL is licensed as a reinsurer in the United Kingdom ! and TRZ is licensed as a reinsurer in Switzerland and Dubai.

The Company’s reinsurance segment consists of two product lines, property, and casualty & other. TransRe’s principal lines of business within the property product line include fire, allied lines, auto physical damage and homeowners multiple peril lines, which include property catastrophe risks. TransRe’s principal lines of business within the casualty & other product line include liability (including directors’ and officers’ liability, errors and omissions liability and general liability), medical malpractice, ocean marine and aviation, auto liability (including non-standard risks), accident and health, surety and credit. TransRe offers reinsurance capacity on both a treaty and facultative basis. TransRe provides pro rata and excess-of-loss reinsurance for major lines of business. TransRe provides property and casualty reinsurance capacity through brokers, as well as directly to insurance and reinsurance companies in both the domestic and foreign markets. The Company also provides underwriting services.

Insurance Segment

AIHL Re LLC (AIHL Re), the Company’s subsidiary, is a captive reinsurance company, which provides reinsurance to its insurance operating subsidiaries and affiliates. RSUI includes the operations of its subsidiaries, RSUI Indemnity Company (RIC), Landmark American Insurance Company (Landmark) and Covington Specialty Insurance Company (Covington). RSUI underwrites specialty insurance coverages in the property, umbrella/excess liability, general liability, directors’ and officers’ liability, and professional liability lines of business. RSUI also writes reinsurance business on an assumed basis. RSUI writes specialty business on both an admitted and non-admitted basis. RSUI writes specialty business in the admitted specialty market primarily through RIC. RSUI writes business on an approved, non-admitted basis primarily through Landmark. Covington supports non-admitted business written primari! ly by RSU! I’s binding authority department, which writes small, specialized coverages pursuant to underwriting authority arrangements with managing general agents.

CapSpecialty, primarily through its subsidiaries, Capitol Indemnity Corporation (CIC), Capitol Specialty Insurance Corporation (CSIC) and Platte River Insurance Company (Platte River), operates in approximately 50 states and the District of Columbia in the United States. CapSpecialty also includes the operations and results of Professional Risk Management Services, Inc. CIC conducts its property and casualty insurance business on an admitted basis throughout the United States. CIC also writes surety products, such as commercial surety bonds and contract surety bonds on a national basis. CIC offers contract surety bonds in the non-construction segment of the market, which secure performance under supply, service and maintenance contracts. Commercial surety bonds include all surety bonds other than contract surety bonds and cover obligations required by law or regulation, such as licenses and permits.

CSIC conducts all of its business on an approved, non-admitted basis and primarily writes specialty lines of property and casualty insurance, including the professional lines of business. Platte River is licensed in approximately 50 states and the District of Columbia and operates in conjunction with CIC by providing surety products and offering pricing in those jurisdictions where both CIC and Platte River are licensed. PacificComp offers workers’ compensation insurance business.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Alleghany Co. (NYSE:Y) has earned an average recommendation of “Buy” from the five brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $650.00.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Alleghany (Y)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Janus Henderson Group PLC lowered its stake in Alleghany Co. (NYSE:Y) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,938 shares of the insurance provider’s stock after selling 100 shares during the quarter. Janus Henderson Group PLC’s holdings in Alleghany were worth $2,265,000 at the end of the most recent quarter.

  • [By Max Byerly]

    Xact Kapitalforvaltning AB increased its stake in shares of Alleghany Co. (NYSE:Y) by 15.6% during the first quarter, HoldingsChannel reports. The firm owned 1,612 shares of the insurance provider’s stock after buying an additional 217 shares during the period. Xact Kapitalforvaltning AB’s holdings in Alleghany were worth $990,000 at the end of the most recent reporting period.

Top Energy Stocks To Own Right Now: KapStone Paper and Packaging Corporation(KS)

KapStone Paper and Packaging Corporation was formed in Delaware as a special purpose acquisition corporation on April 15, 2005 for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with an unidentified operating business in the paper, packaging, forest products, and related industries. Unless the context otherwise requires, references to “KapStone,” the “Company,” “we,” “us” and “our” refer to KapStone Paper and Packaging Corporation and its subsidiaries.
On January 2, 2007, we acquired from International Paper Company substantially all of the assets and assumed certain liabilities of the Kraft Papers Business (“KPB”) for $155.0 million, less $7.8 million of working capital adjustments.   Advisors’ Opinion:

  • [By Max Byerly]

    KapStone Paper and Packaging Corp. (NYSE:KS) was the target of unusually large options trading activity on Tuesday. Traders acquired 1,489 put options on the company. This is an increase of approximately 2,227% compared to the typical daily volume of 64 put options.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on KapStone Paper and Packaging (KS)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    These are some of the media headlines that may have impacted Accern Sentiment’s rankings:

    Get Kapstone alerts:

    Investor Interest Amplifies Stock EV For KapStone Paper and Packaging Corporation (NYSE:KS) (parkcitycaller.com) What is Clear choice Buy, Sell or Hold? KapStone Paper and Packaging Corporation (KS) (nysestocks.review) Is this stock is suitable for your portfolio? KapStone Paper and Packaging Corporation (KS) (stockquote.review) Investor Buzz: Earnings in Review for KapStone Paper and Packaging Corporation (NYSE:KS) (fisherbusinessnews.com) Kapstone (KS) vs. P H Glatfelter (GLT) Head-To-Head Survey (americanbankingnews.com)

    Several research analysts have issued reports on the company. Deutsche Bank cut Kapstone from a “buy” rating to a “hold” rating and set a $35.00 price target on the stock. in a report on Thursday, February 8th. ValuEngine raised Kapstone from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Zacks Investment Research raised Kapstone from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a report on Wednesday, January 31st. Citigroup reaffirmed a “neutral” rating and issued a $26.00 price target on shares of Kapstone in a report on Tuesday, January 30th. Finally, BMO Capital Markets cut Kapstone from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 30th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Kapstone currently has an average rating of “Hold” and an average target price of $32.17.

Top Energy Stocks To Own Right Now: Whiting Petroleum Corporation(WLL)

Whiting Petroleum Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and gas primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast, and Michigan regions of the United States. As of December 31, 2010, its estimated proved reserves were 304.9 million barrels equivalent of oil; and had interests in 9,698 gross productive wells covering approximately 1,115,000 gross developed acres. The company sells its oil and gas to end users, marketers, and other purchasers. Whiting Petroleum Corporation was founded in 1983 and is Denver, Colorado.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Whiting Petroleum Corp  (NYSE:WLL)Q4 2018 Earnings Conference CallFeb. 27, 2019, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Matthew DiLallo]

    Shares of Whiting Petroleum (NYSE:WLL) sold off on Wednesday, falling more than 10% by 10:15 a.m. EST. Driving the decline was the oil company’s fourth-quarter report and its outlook for 2019.

  • [By Ethan Ryder]

    Several analysts have recently updated their ratings and price targets for Whiting Petroleum (NYSE: WLL):

    2/15/2019 – Whiting Petroleum was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Whiting Petroleum's core operations are focused in North Dakota's Williston Basin, providing this E&P with an enviable acreage of top-tier assets and a multi-year drilling inventory. The company’s continually improving drilling efficiency has driven down cash costs while leading to attractive cash flow generation. However, as a counter to these strengths, Whiting Petroleum still carries considerable debt load, which may spell trouble. Moreover, the company’s price hedges have exposed it to significant risks amid the high volatility in crude prices. As such, the stock is expected to perform in line with the broader market.” 2/12/2019 – Whiting Petroleum is now covered by analysts at KeyCorp. They set an “overweight” rating and a $33.00 price target on the stock. 2/9/2019 – Whiting Petroleum was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Whiting Petroleum's core operations are focused in North Dakota's Williston Basin, providing this E&P with an enviable acreage of top-tier assets and a multi-year drilling inventory. The company’s continually improving drilling efficiency has driven down cash costs while leading to attractive cash flow generation. However, as a counter to these strengths, Whiting Petroleum still carries considerable debt load, which may spell trouble. Moreover, the company’s price hedges have exposed it to significant risks amid the high volatility in crude prices. As such, the stock is expected to perform in line with the broader market.” 2/8/2019 – Whiting Petroleum

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