frac sand

Search documents
5 Dirt-Cheap Dividends Paying Up To 7.6%
Forbes· 2025-05-18 12:35
Core Viewpoint - The article discusses potential investment opportunities in cheap dividend-paying stocks that yield between 5.3% and 7.6%, despite the broader market recovery. It highlights five specific companies that remain undervalued and offers insights into their financial metrics and challenges [1][2]. Group 1: Company Summaries - **Bristol-Myers Squibb (BMY)**: A $90 billion pharmaceutical company with a low PEG of 0.12 and a cash-flow multiple of 7. It has a dividend yield of over 5% but faces profitability concerns due to competition affecting core drugs, leading to a 44% revenue drop for Revlimid in Q1 [3][5][6]. - **HF Sinclair (DINO)**: Formed from a merger, it operates seven U.S. refineries and has a crude oil processing capacity of 678,000 barrels per day. The stock has a PEG of 0.2 and a P/CF of 7.3, reflecting a more than 30% drop over the past year, primarily due to industry-wide challenges [7][10]. - **AES Corp. (AES)**: A utility company serving 2.7 million customers with a diverse energy portfolio. It has a PEG of 0.8 and a forward P/CF of 5, but has seen its stock lose over half its value in 2023 due to aggressive transitions to renewables and project delays [13][14][15]. - **Polaris (PII)**: A manufacturer of recreational vehicles, its stock has dropped over 70% since July 2023, resulting in a high dividend yield. The company has faced declining demand and significant revenue and profit drops, with a PEG of negative 1.6 [17][18][20]. - **Atlas Energy Solutions (AESI)**: An energy equipment and services company that has been increasing its dividends since its IPO in March 2023. It has a PEG of 0.2 and a forward P/CF of 5.5, but faces challenges due to fluctuating oil prices affecting demand [21][22][23]. Group 2: Financial Metrics - **Valuation Metrics**: All highlighted companies have a PEG below 1, indicating they are undervalued. The article emphasizes the importance of PEG and P/CF ratios in assessing investment opportunities [8][10]. - **Dividend Coverage**: Companies like DINO and AES have strong dividend coverage ratios, with DINO expected to have a coverage of 180% due to anticipated earnings growth in 2026 [12][16]. - **Market Challenges**: Each company faces unique challenges, such as competition, industry weakness, and fluctuating demand, which have impacted their stock performance and profitability [4][5][10][18].
Source Energy Services Reports 2025 AGM Results
Globenewswire· 2025-05-09 20:30
CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- – (TSX:SHLE) Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 9, 2025. 2025 AGM Voting Results Election of Directors All of the proposed nominees were elected to Source’s board of directors (the “Board”) by Shareholders present or represented by proxy at the Meeting. The voting results are as follows: Name of NomineeVotes for (percentage)Withheld (percentage)Scott Melbourn99.980.02Chris Joh ...
Source Energy Services Reports 2025 AGM Results
GlobeNewswire News Room· 2025-05-09 20:30
CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- – (TSX:SHLE) Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 9, 2025. 2025 AGM Voting Results Election of Directors All of the proposed nominees were elected to Source’s board of directors (the “Board”) by Shareholders present or represented by proxy at the Meeting. The voting results are as follows: Name of NomineeVotes for (percentage)Withheld (percentage)Scott Melbourn99.980.02Chris Joh ...
Source Energy Services Announces Normal Course Issuer Bid
Globenewswire· 2025-05-09 12:30
CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted Source’s notice of intention to implement a Normal Course Issuer Bid (the “NCIB”). As of April 30, 2025, there were 13,545,055 Common Shares outstanding; however, pursuant to Source’s Term Loan agreement due December 20, 2029 (the “Term Loan”), Source is planning to acquire under the NCIB the lesser of $5 million ...