In February 2013, I wrote an article on Flotek Industries (FTK). The article entitled Small Cap with Strong Balance Sheet in a Good Sector looked at some of the financial highlights of the company as well as some of the valuations. As stated in the article, Flotek has been “showing strength in all aspects of its profitability, including the asset turnover, gross profit margin, ROA and TL&A ratio.” But the article did indicate that the company is “showing some weakness
Over the past few months, stocks in the gold mining sector have fallen dramatically. Even though there is much debate on the direction of gold and gold stocks over the long-term, if you are bullish on gold and gold stocks, this decline in prices has presented an opportunity to investigate gold companies for investment purposes. One company worth analyzing for future investment purposes is New Gold Incorporated (NGD).
Over the past three years New Gold Incorporated has produced some excellent
Over the past five years Diamond Offshore Inc, (DO) has shown a declining trend in profitability. One of the reasons for the decline in profitability is its aging fleet. According to Outfoxthestreet.com, Diamond Offshore has the oldest fleet amongst its competitors. As of 2011, Diamond Offshore’s average fleet age was 31 years.
Amid Diamond Offshore’s efforts to manage its costs, the company is now using this time to invest in its fleet as part of a long-term strategy. Recently, Diamond
In my article “Diamond Offshore Drilling: Brazil, Pre-Salt And Growth” I took a look at a broader scope of Diamond Offshore Drilling (DO). In the article, we established positive potential for Diamond Offshore in the pre-salt region off the coast of Brazil. On a negative point, the article also indicated that there was a declining trend in the company’s profitability.
As we have established that the company is focusing on Brazil and has declining profitability over the past couple of
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Stockresearching is not a solicitation or offer to buy or sell stocks and should not be construed as individualized investment advice. Investment decisions should be made as part of an overall portfolio strategy after consultation with an investment professional.
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