U.S. - the world�� largest consumer of energy- faced an unlikely situation quite recently. It was in April last year that the natural gas prices hit an all time low at under $2 per million British thermal credits. Many believed this to be an immutable and uncomfortable reality. Though this was only a partial reality, Shares of natural gas engine designer- Westport Innovation (WPRT) nearly doubled in four months as did clean energy fuels (CLNE), a company that builds refueling stations. The NAT GAS Act, passed by the congress, was aimed at promoting the usage of cleaner fuels. It provided subsidies to vehicles which used alternative fuels rather than going the conventional way.
The Obama administration laid stress on the fact that it would always be beneficial to use the clean fuels produced within the nation�� boundaries. To further the initiative he announced an investment of $1 billion in the gas infrastructure. All this was way back in April 2012. Now, coming to the present scenario, the gas pieces have doubled than what they originally were which now puts them at $4/mmBtu price tag. The congress is nowhere in the scene now amending bills that would encourage the use of natural gas vehicles. This had ramifications in the stock market as the stocks, as those of Westport and Clean Energy, that were peaking have now fallen down to almost half their value.
Top 5 Clean Energy Companies To Own In Right Now: Freeport-McMoran Copper & Gold Inc.(FCX)
Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company?s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Lee Jackson]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is a top diversified name to buy at Merrill Lynch and may offer investors the best total return play. The company by almost all metrics is undervalued, and it continues to raise its dividend yearly. Merrill Lynch has a $37 price target, and the consensus figure is $36.50. Investors are paid a very solid 4.0% dividend.
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of new buy ratings for large-caps Intel (NASDAQ: INTC ) and Freeport-McMoRan (NYSE: FCX ) . But the news isn't all good.
Top 5 Clean Energy Companies To Own In Right Now: Swift Resources Inc (SWR.V)
Swift Resources Inc. engages in the acquisition, exploration, and development of mineral properties in British Columbia, Saskatchewan, and Manitoba, Canada. The company explores for gold, silver, copper, precious metals, and coal deposits. It has a joint venture agreement with Saturn Minerals Inc. for the exploration of the Saskatoba coal project located along the Saskatchewan/Manitoba border. The company was incorporated in 2006 and is based in Vancouver, Canada.
Best Small Cap Companies To Invest In 2014: Maxtech Ventures Inc. (MVT.V)
Maxtech Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada and internationally. The company holds an option on a 100% interest in the Ariane and Guercheville gold properties consisting of 40 claims totaling approximately 5,464 acres in the Abitibi region of Quebec, Canada. It also has an option to acquire a 50% interest in the Julia property comprising claims covering 6,850 acres in the Atlin Mining Division of British Columbia, Canada, as well as holds a reconnaissance permit in the Lalitpur District, Uttar Pradesh, India to explore for iron, platinum group minerals, nickel, cobalt, chromium, lead, zinc, copper, diamonds, gold, and silver mineralization. The company is headquartered in Surrey, Canada.
Top 5 Clean Energy Companies To Own In Right Now: Intertek Group(ITRK.L)
Intertek Group plc provides quality and safety solutions for a range of industries worldwide. The company operates through five divisions: Commodities, Industry & Assurance, Consumer Goods, Commercial & Electrical, and Chemicals & Pharmaceuticals. The Commodities division provides independent cargo inspection, analytical assessment, and calibration and related research and technical services to the petroleum, mining, minerals, and biofuels industries. This division also provides services to governments and regulatory bodies to support trade activities that enable the flow of goods across borders. The Industry & Assurance division offers a range of services, including asset integrity management, engineering, inspection, auditing, certification, consulting, training, staffing, and testing services. This division serves a range of industries, including oil, gas, petrochemical, power, renewable energy, and civil and infrastructure, as well as provides services to customers in the food and agricultural sectors. The Consumer Goods division provides testing, inspection, auditing, advisory, quality assurance, and hazardous substance testing services to the textiles, toys, footwear, hardlines, and retail industries. The Commercial & Electrical division provides safety, performance and quality testing, and certification services to manufacturers in home appliances, consumer electronics, lighting, medical, building, industrial and heating, ventilation, air conditioning and refrigeration, information communication and technology, renewable energy, and automotive industries. The Chemicals & Pharmaceuticals division provides measurement and consulting services that support business processes, including new drug development, development of new materials, polymers composites, and packaging. This segment serves clients in aerospace, automotive, and pharmaceuticals industries. Intertek Group plc was founded in 1885 and is based in London, the United Kingdom.
Top 5 Clean Energy Companies To Own In Right Now: Nwf Group(NWF.L)
NWF Group plc, together with its subsidiaries, engages in the warehousing and distribution of ambient groceries; manufacture and sale of animal feeds; and sale and distribution of fuel oils in the United Kingdom. The company distributes ambient grocery and other products to supermarket and other retail distribution centers. It also provides animal feeds and other agricultural products to dairy farmers. In addition, the company markets feeds, seeds, fats, and silage additives to farmers. Further, it sells and distributes domestic heating, industrial, and road fuels, as well as offers various oil ancillary items, including lubricants, storage tanks, boiler servicing, maintenance, and insurance. NWF Group plc was founded in 1871 and is headquartered in Nantwich, the United Kingdom.
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