There are always stocks with high free cash flow yields. Some of these are leveraged companies. Avoid them. Others are in highly competitive industries. Avoid those too. Look for
Someone emailed me this question:
Why do you focus so much on FCF yield?
Take a look at these stocks (note: he provides a link to a list of 40 stocks with a free cash flow yield of 10% or higher).
What would stop them from returning 10 %+ every year, as opposed to NACCO, OMC etc., stocks that have very high FCF yields, and that you openly like a lot?
In other words, how do you look at different FCF Yields and decide: This is a real yield, and this is not?”
The number that
999 Views Geoff Gannon 2018-01-31 23:31
Acquisition of Western Refining will create long-term shareholder value
Previously, I have discussed various oil and gas companies that have the potential to outperform in 2017. A refining company that has the potential to outperform in fiscal 2017 and beyond is Tesoro Corp. (TSO).
Company and business overview
Tesoro operates as an independent petroleum refining, logistics and marketing company in a strategically concentrated location of the western United States. The company operates seven refineries with a combined capacity of 895,000 barrels per day. Its refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blend stocks, jet fuel and diesel fuel. The retail
177 Views Subia Khan 2017-01-17 22:06
Low PE stocks gurus are buying
Gurus are buying these seven stocks that are trading with a very low price-earnings (P/E) ratio. Most of them are greatly undervalued, according to the DCF calculator.
Shinhan Financial Group Co. Ltd. ADR. (SHG),Â with a market cap of $17.27 billion, is trading with a P/E ratio of 8.29 and a price-sales (P/S) ratio of 2.53. According to the DCF calculator, the stock has a fair value of $47 while it is trading at $36.41 with a margin of safety of 23%. The price has risen 3% during the last 12 months and is now 8.43% below its 52-week high
1634 Views Tiziano Frateschi 2016-10-06 20:35
Gurus repeat purchases over 2 quarters
Murray Stahl (Trades, Portfolio) is the chairman of Horizon Asset Management Inc. He is also the director of research and co-portfolio manager of the Small Cap Opportunities Fund and the Paradigm Fund. In both the first and second quarters, Stahl bought shares in the following stocks.
CVR Energy Inc. (CVI)
In the first quarter, the guru increased his stake by 29.91% and then increased it by 28.03% in the second quarter. The guru currently holds 0.03% of outstanding shares of the stock. The company, through its subsidiaries, is engaged in the petroleum refining and nitrogen fertilizer
1190 Views Tiziano Frateschi 2016-09-23 20:37
Insiders invest in Penske Automotive, WisdomTree, Western Refining, OPKO, Advance Auto
According to GuruFocus’ Insider Data, these are the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
Penske Automotive Group: Chairman, CEO and 10% owner bought 300,000 shares
Penske Automotive Group Inc. (PAG)Â Chairman, CEO and 10% owner Roger S. Penske bought 300,000 shares for $42.55 per share on Aug. 22.Â The price of the stock has increased by 4.23% since.
Penske Automotive is a transportation services company. It operates automotive and commercial vehicle dealerships in the U.S. and Western Europe and distributes commercial vehicles, diesel
481 Views Joy Hu 2016-08-29 17:09
Guru cut his stake in LyondellBasell by 89% in the third quarter
George Soros (Trades, Portfolio), chairman of Soros Fund Management LLC, made 47 reductions in the third quarter. A hedge fund guru, his Quantum Fund is recognized for having the best performance record of any investment fund in the world.
The following are Soros' largest reductions during the third quarter.
The guru reduced his stake in LyondellBasell Industries NVÂ (LYB) by 89.92% with an impact of -1.72% on the portfolio. The current stake is 0.26% of his total assets.
GuruFocus gives LyondellBasell Industries a profitability and growth rating of 7 out of 10 with strong returns of
2105 Views Tiziano Frateschi 2016-01-05 19:28
As oil tumbled to its five-and-a-half year low of $51.12 per barrel on Tuesday, energy guru T. Boone Pickens announced that he acquired six new stocks in the third quarter, three of which were oil and gas companies.
The chairman of BP Capital Management’s Portfolio is 97.8% composed of energy stocks, and he believes the price for oil is going to rise in the near future.
“I said it would be back up to $100 a barrel [in] 12 to 18 months,” he told Fox News on Monday. “Demand, with the lower price of oil, demand will come up,” he
3224 Views Holly LaFon 2015-01-07 19:12
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Protective Life Corp, Western Refining Inc, InterMune Inc, and Tableau Software Inc.
Protective Life Corp (PL): CEO, President John D Johns sold 201,398 shares
CEO and President of Protective Life Corp (PL) John D Johns sold 201,398 shares on 08/14/2014 at an average price of $69.24. Protective Life Corporation, a Delaware corporation was founded in 1907. Protective Life Corp has a market cap of $5.46 billion; its shares were traded at around $69.22 with a P/E ratio of 14.00 and P/S ratio of 1.30.
909 Views alicet236 2014-08-18 14:30
According to GuruFocus Insider Data, the recent CFO sales were: American Tower Corp, Western Refining Inc, and Foot Locker Inc.
American Tower Corp (AMT): EVP & CFO Thomas A Bartlett sold 50,001 Shares
On 01/21/2014, EVP & CFO Thomas A Bartlett sold 50,001 shares at an average price of $83.70. The price of the stock has increased by 9.49% since. American Tower Corp has a market cap of $36.27 billion and its shares were traded at around $91.64. The company has a P/E ratio of 62.70 and P/S ratio of 10.32 with a dividend yield of 1.34%. Over
2141 Views Myra Ramdenbourg 2014-07-12 23:54
U.S. economic activity continues on the uptrend, making oil and gas supplies all the more important and crucial. With rising political instability in North Africa and Middle East, changing legislation in the North Sea, North America appears as one of the safest regions for the exploration and production of fossil fuels. Supported by a boom in the gas industry, supported by new techniques for the extraction of unconventional reserves, in addition to new safety rules and technology for deepwater production, shale exploitation and unreachable reserves have turned productive.
The advances have been possible only thanks to the high price at
1352 Views Vanina Egea 2014-04-30 22:23
As of the Sept. 20, 2013 update by GuruFocus, the portfolio of [url=http://www.gurufocus.com/StockBuy.php?GuruName=George+Soros]George Soros[/url] of Soros Fund Management listed 203 stocks, 59 of them new, with a total value of $9.22 billion, and a quarter-by-quarter turnover of 19%. Here’s a review of the four lowest P/E stocks in the Soros portfolio: [b] Tivo Inc. (TIVO)[/b] [b]P/E: 5.40[/b] Up 24% over 12 months, Tivo Inc., the pay television company, has a market cap of $1.5 billion; its shares were traded at around $12.33. TIVO trades with a P/B of 2.80. [b]Guru Action: [/b] As of the second quarter of 2013, [url=http://www.gurufocus.com/StockBuy.php?GuruName=George+Soros]George
1658 Views Sally Jones 2013-10-13 00:27
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CEO sales during the past week: United Online Inc, Western Refining Inc, and TRW Automotive Holdings. [b]United Online, Inc. (UNTD): Chairman, President & CEO Mark R Goldston sold 1,632,778 Shares[/b] Chairman, President & CEO of United Online, Inc. (UNTD) Mark R Goldston sold 1,632,778 shares on August 6 at an average price of $8.47. United Online has a market cap of $760.611 million; its shares were traded at around $8.22 with a P/E ratio of 99.01 and P/S ratio of 0.87. The dividend yield of United Online stocks is 4.87%. United
1200 Views alicet236 2013-08-11 20:13
Basic material stocks were the worst performing stock category within the recent six months. The sector had a performance of -0.7 percent while the S&P 500 increased 15.27 percent. The fear of an economic slowdown mainly caused by China’s slowing growth is the main reason for the decline. Investors can benefit from a falling stock price via short selling. Today, I like to look at the basic material dividend stocks with the highest float short ratio. I excluded all companies with a market capitalization below USD2 billion. The top [url=http://long-term-investments.blogspot.com/2013/06/20-basic-material-dividend-stocks-with.html]20 results[/url] have a float short ratio between 6 percent and
586 Views Dividend 2013-06-14 15:11
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CEO sales during the past week: First PacTrust Bancorp Inc., Chico's FAS Inc., Western Refining Inc. and Illinois Tool Works Inc. [b]First PacTrust Bancorp Inc. (BANC): Co-CEO Steven Sugarman sold 417,827 Shares[/b] Co-CEO of First PacTrust Bancorp Inc. (BANC) Steven Sugarman sold 417,827 shares on 08/22/2012 at an average price of $12. First PacTrust Bancorp Inc. is a bank holding company with headquarters in Chula Vista, Calif. First Pactrust Bancorp, Inc. has a market cap of $128.05 million; its shares were traded at around $12.08 with and P/S ratio of 3.19.
281 Views guruat 2012-08-28 14:59
Oil refining has not historically been considered a business with particularly attractive returns on capital, but recent conditions in the oil markets have led to highly desirable conditions for two refiners in particular, HollyFrontier (HFC) and Western Refining (WNR). As a result, and of investors not sold on the longevity of those favorable conditions, both stocks are currently a part of the Magic Formula® Investing (MFI) "universe". Let's take a look at the business, why the going is good at present, whether it can last, and which of these two players is the more attractive choice for investors intrigued by
722 Views Magic Diligence 2012-06-19 14:17
Oil and gas companies should play a part in any portfolio. There are numerous companies in the sector and they cover a wide spectrum of risk. The companies also cover a wide range of stock types, from dividend rich income stocks to risk intensive growth stocks. In this article, I examine five stocks and contribute some insight into where the stock may fit into a well balanced portfolio. [b]Valero Energy (VLO):[/b] Valero Energy has been range bound between $16 and $32 per share over the past year and the stock is presently trading in the middle of that range. The
506 Views InvestmentUnderground 2012-03-05 00:56
[url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url] founded Appaloosa Management, a hedge fund with $3 billion assets under management, in 1993. In the last decade, he made most of his wealth focusing on distressed stocks and bonds. In the last five years alone, his achieved a cumulative return of 185.1% compared to the S&P 500’s 12.2%. This quarter, he seems to be bullish about commodities. [url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url] bought 13 new stocks in the second quarter 2011. In the second quarter, his top five largest new buys were: Mosaic Company (MOS), Western Refining (WNR), Google Inc. (GOOG), Calumet Specialty Products Partners L.P. Common Un (CLMT) and
2314 Views Holly LaFon 2011-08-10 03:22
Renowned hedge fund manager [url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url] reported his second quarter portfolio at Appaloosa Management LP. As of 06/30/2011, Appaloosa Management LP owns 72 stocks with a total value of $4.2 billion. These are the details of the buys and sells. If you don’t know about [url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url], please read our review [url=http://www.gurufocus.com/news/134806/how-david-tepper-became-a-billionaire]How David Tepper Became a Billionaire[/url]. [url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url] likes to buy distressed situation at market crash. Maybe he is busy buying again today. This is the portfolio chart of [url=http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper]David Tepper[/url]. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on
1472 Views gurufocus 2011-08-08 22:43
Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, while some asset classes such as gold, silver, U.S. Treasuries were hot commodities from safe haven demand. NYMEX West Texas Intermediate (WTI) also spiked more than 4%, closing at $89.34, while ICE Brent crude for March delivery surged 2.1% to $99.42 a barrel, and touched $99.74 intraday, a new post-2008 high.
[b]Egypt - Home of Two Oil Transport Chokepoints[/b] If you are wondering the significance of Egypt related
2484 Views gurufocus 2011-01-31 14:18
According to [url=http://www.gurufocus.com/InsiderBuy.php%5DGuruFocus]http://www.gurufocus.com/InsiderBuy.php]GuruFocus] Insider Data[/url], these are the largest CEO buys during the past week. [b]Consolidated Graphics Inc. (CGX): CEO & Chairman of the Board, 10% Owner Joe R Davis Bought 145,821 Shares[/b] CEO & Chairman of the Board, 10% Owner of Consolidated Graphics Inc. (CGX) Joe R Davis bought 145,821 shares on 08/26/2010 at an average price of $42. Consolidated Graphics provides general commercial printing services. Consolidated Graphics Inc. has a market cap of $471.7 million; its shares were traded at around $42 with a P/E ratio of 17.7 and P/S ratio of 0.4. CGX recently reported its second
3436 Views guruek 2010-09-06 02:15