Weekly Top Insider Buys: CF, HK, AUY, ED

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Aug 15, 2011
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs: CF Industries Holdings (CF, Financial), Petrohawk Energy Corp. (HK, Financial), Yamana Gold Inc. (AUY, Financial), and Consolidated Edison Inc. (ED, Financial).


CF Industries Holdings (CF) Reached the 52-Week High of $164.19

CF Industries Holdings, Inc. is the holding company for the operations of CF Industries Inc. CF Industries Holdings has a market cap of $12.16 billion; its shares were traded at around $164.19 with a P/E ratio of 11.7 and P/S ratio of 3.1. The dividend yield of CF Industries Holdings stocks is 0.3%. CF Industries Holdings had an annual average earnings growth of 57.3% over the past 5 years.


On August 4, CF Industries Holdings Inc. reported second quarter 2011 net earnings attributable to common stockholders of $487.4 million, or $6.75 per diluted share, compared to $105.1 million, or $1.54 per diluted share, in the second quarter of 2010. Second-quarter results included a $14.2 million non-cash mark-to-market loss on natural gas derivatives, which reduced after-tax earnings per diluted share by $0.12. Second-quarter 2010 results included $113.7 million of business combination and integration costs and a $15.1 million non-cash mark-to-market gain on natural gas derivatives.


In July, Chairman, President, CEO Stephen R. Wilson sold 50,000 shares of CF stock. Chairman, President, CEO Stephen R. Wilson sold 70,000 shares in July. Chairman, President, CEO Stephen R. Wilson sold 70,000 shares in May.


Petrohawk Energy Corp. (HK) Reached the 52-Week High of $38.38



Petrohawk Energy Corporation is an independent energy company engaged in the acquisition, production, exploitation, exploration and development of oil and gas properties. Petrohawk Energy Corp. has a market cap of $11.69 billion; its shares were traded at around $38.38 with a P/E ratio of 66.3 and P/S ratio of 7.3.


On August 3, Petrohawk Energy Corporation announced its second quarter 2011 operational and financial results. Production for second quarter averaged 943 Mmcfe/d, a 15% quarter-over-quarter increase. Second quarter total production was 85,803 Mmcfe, of which approximately 89% was natural gas, 7% was crude oil or condensate, and 4% was natural gas liquids. Revenues for the quarter were $595 million, a 21% increase over first quarter 2011 and a 69% increase compared to the same period one year ago. The company realized 92% of the average NYMEX oil price, 97% of the average NYMEX natural gas price, and 47% of the NYMEX oil price for natural gas liquids during second quarter.


Chairman of the Board and CEO Floyd C. Wilson sold 141,400 shares of HK stock in May. Senior Vice President Corporate Communications Ellen Desanctis bought 5,000 shares the same month.


Yamana Gold Inc. (AUY) Reached the 52-Week High of $15



Yamana Gold is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties and land positions in all major mineral areas in Brazil. Yamana Gold Inc. has a market cap of $11.27 billion; its shares were traded at around $15 with a P/E ratio of 18 and P/S ratio of 6.7. The dividend yield of Yamana Gold Inc. stocks is 0.9%. Yamana Gold Inc. had an annual average earnings growth of 161.3% over the past 5 years.


On August 3, Yamana Gold Inc. announced its financial and operating results for the second quarter of 2011.. Production increased 10% to 278,737 GEO. Record revenue increased 63% to $573.3 million. Record net earnings increased 178% to $194.7 million, $0.26 per share


Consolidated Edison Inc. (ED) Reached the 52-Week High of $54.04



Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $16.28 billion; its shares were traded at around $54.04 with a P/E ratio of 15.7 and P/S ratio of 1.1. The dividend yield of Consolidated Edison Inc. stocks is 4.3%. Consolidated Edison Inc. had an annual average earnings growth of 1.2% over the past 10 years.


In July, Senior Vice President & CFO Robert N Hoglund, General Counsel Elizabeth D. Moore, Director Sally Hernandez, President (CECONY) Craig S. Ivey, VP, Strategic Planning Gurudatta D. Nadkarni, and Senior Vice President, Business Shared Services Joann F. Ryan bought shares of ED stock.