Q1 2014 Earnings on Tap: Potash, Miners, and Agribusinesses Report

The first quarter earnings season of 2014 is well on its way, with several bellwethers reporting both hits and misses. On the commodity producer front, Alcoa (AA) kicked off the season. AA reported revenues of $5.45 billion, below the expected $5.56 billion, and earnings of $0.09 per share, which managed to beat analyst estimates of $0.05. Agribusiness giant Monsanto (MON) managed to beat both EPS and revenue estimates, posting quarterly revenues of $5.83 billion and earnings of $3.15 per share [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity Producers, Copper, Earnings, Energy, Industrial Metals | Tagged , , , , , , | Leave a comment

Q4 2013 Earnings Scorecard: Commodity Stock Hits and Misses

2013′s fourth quarter earnings season saw companies across all sectors reporting both hits and misses. Alcoa set the tone for the commodity space, reporting a fourth quarter net loss of $2.3 billion and missed analysts’ EPS estimates. While other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from 2013′s commodity slump. Overall, most companies managed to post better-than-expected earnings during the fourth quarter as compared to the third [for more commodity news and analysis subscribe to our free newsletter].

Posted in Earnings, Earnings Reports | Tagged , , , , , , , | Leave a comment

Commodity Earnings on Tap: SLB, HAL, FCX

With Alcoa (AA) kicking off earnings season last week, investors will spend the next little while combing through quarterly statements from their favorite commodity firms. Alcoa reported a fourth quarter net loss of $2.3 billion and missed analysts’ EPS estimates. Agribusiness giant Monsanto Company (MON), however, managed to beat the Street’s estimates, posting an 8.6% increase in quarterly profits [for more commodity news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Copper, Earnings, Energy, Industrial Metals, Natural Gas, WTI | Tagged , , | 2 Comments

U.S. Housing Market Faces Potential Headwinds

Since the unprecedented crash of 2008, U.S. markets have struggled to make up lost ground. After five years, the economy has finally started to pick up steam – slowly, but surely. And as the economy continues to pick up its pace, many investors are returning to the corner of the market that was one of the primary sources of the 2008 financial crisis: housing. Across the board, housing stats have been on the rise in recent years, including home prices, housing starts, building permits, and construction. A closer look at the industry in recent months, however, reveals several red flags [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity Futures, Commodity Producers, Copper, Industrial Metals, Timber | Tagged , , , , , | Leave a comment

Caterpillar’s Earnings Highlight Mining Industry’s Challenges

On Wednesday, Caterpillar (CAT)–one of the biggest manufacturers of construction and mining equipment–posted lower-than-expected quarterly results and cut its full year forecast. The bellwether cited weak demand from its mining customers, its most profitable product category, as the primary source of Caterpillar’s sour quarter. In 2014, Caterpillar estimates revenue will be essentially flat to +/-5% compared to 2013. For the year, the company now expects revenues to come in around $55 billion versus the previously forecasted $58 billion figure [for more commodity news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Copper, Gold, Industrial Metals, Precious Metals | Tagged , , , | 1 Comment

2 Commodity Stocks To Buy When The Government Shutdown Ends

Week two of the government shutdown is here and politicians have offered little to no hope that a prompt resolution will be enacted prior to the much-feared October 17th debt-ceiling deadline. Although many speculate that the U.S. will avoid default even if the deadline is missed, it’s undeniable that such an event has the potential to trigger a much steeper correction on Wall Street, especially since major stock indexes are still up double-digits YTD [for more commodity futures news and analysis subscribe to our free newsletter].

Posted in Copper, Energy, Trading | Tagged , | Leave a comment

Q2 Earnings Scorecard: Commodity Stock Hits And Misses

2013′s second quarter earnings season was perhaps not what many analysts had expected, as companies across all sectors reported both hits and misses. In the commodity space, Alcoa had set the tone for the start of the season, beating estimates despite falling aluminum prices. And while other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from this year’s commodity slump [for more commodity news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Agriculture, Asset Allocation, Commodity Producers, Copper, Earnings, Energy, Gold, Industrial Metals, Lumber, MLPs, Natural Gas, Precious Metals, Timber, WTI | Tagged , , , , , , , , , , , , | 2 Comments

Major Commodity Earnings This Week: FCX, HAL, VLO

As we enter the trenches of earnings season, investors and analysts alike are taking cues from today’s leading companies on where the economy is headed. Thus far, it seems that the results have been a mixed bag, with a number of firms smashing their marks while others fell short. The attention for this week will remain fixated on individual reports to help give a deeper insight into how sustainable to current bull run truly is. Below, we outline some of the most prominent commodity firms slated to report earnings this week [for more commodity news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Copper, Energy, Industrial Metals, Natural Gas, News and Current Events, WTI | Tagged , , , , , | Leave a comment

The World’s Biggest Copper Producers

Copper has long been one of the most important and popular industrial metals in the world. With 3% per year production growth since 1900, approximately 16 million tons of the metal was produced in 2011, according to the International Copper Study Group. The metal’s wide use is attributable to its availability and recyclability, as well is its metallic properties that make copper an excellent conductor of heat and electricity, and antimicrobial and corrosion resistant [for more copper news and analysis subscribe to our free newsletter].

Posted in Asset Allocation, Commodity Producers, Copper, Industrial Metals | Tagged , , , , , , , | Leave a comment

Freeport-McMoRan (FCX) Nears Major Support Level

The bull train is surging full steam ahead on Wall Street with the S&P 500 Index reaching five-year highs while the Dow Jones Industrial Average continues its ascent into uncharted territory. Investors have had few reasons to take profits over the past week with Cyprus debt drama slowly fading away while economic data releases continue to support a bullish case; this week alone construction spending and factory orders data figures have trumped expectations, while key employment data is on tap for this Friday [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity Trading Outlook, Commodity Trading Trends, Industrial Metals, Trading | Tagged | 1 Comment