Archive for February, 2008
Nordic American Tanker: disappointing quarter
Nordic American Tanker (NAT: 29.69 +0.94 +3.27%) has released their 4th quarter results, and they are not at the level of income and dividend I expected. You can read the press release here:
http://www.nat.bm/IR/press_releases/1190674.html
With per day spot rates averaging $27,000 for the quarter, the company was able to raise the dividend to 50¢ from the [...]
New Energy Index - NEX - Weekly Update
The NEX is an index of over 80 renewable/alternative energy companies, worldwide. The PowerShares Global Clean Energy Portfolio (PBD: 10.19 -0.59 -5.47%) is an ETF that tracks the NEX and I have it in this site’s 20 Stock Portfolio to give exposure to the renewable energy sector.
This formerly high flying sector has definitely come back [...]
Thornburg Mortgage: back on track
Thornburg Mortgage (TMA: 0.24 +0.038 +18.81%) has released their 4th quarter earnings results, and those results are pretty positive. The company earned 33¢ per share, easily covering the 25¢ dividend declared at the end of December. I listened to the conference call and the news was very positive.
I wrote often about Thornburg Mortgage in the [...]
Terra Nitrogen Company declares cash distribution of $4.45
Terra Nitrogen Company, L.P. Reports Fourth Quarter and Full-Year Results; Declares Cash Distribution: Financial News - Yahoo! Finance
Terra Nitrogen’s (TNH: 87.19 -2.81 -3.12%) $4.45 fourth quarter dividend is over double the 3rd quarter distribution and 4.5 times the 4th quarter 2006 distribution. Thing appear to be good in the fertilizer space. Taking a look at [...]
NEX / PBD weekly update
The NEX renewable energy index had another good week, last week. This index is the basis for 20 Stock Portfolio component, PowerShares Global Clean Energy Portfolio (PBD: 10.19 -0.59 -5.47%). The NEX index gained 5.1% for the week. Listed below are the top gainers and losers for the week from the 80+ portfolio. One of [...]
