Kirby Corp

  • Can This Barge Operator Continue Growing?

    By Madhukar Dubey - August 7, 2013 | Tickers: XOM, KEX, DOW

    Kirby (NYSE: KEX) is in marine transportation and diesel engine services. In marine transportation, Kirby provides both inland tank barging services as well as coastal tank barging services, also known as offshore marine services. It is the largest player in both these sectors in the U.S. In the inland tank barging services, the company occupies about 26% of the market, whereas in the coastal side of the business, it more »

  • Shipping Companies: All Aboard or Jump Ship

    By Madhukar Dubey - August 1, 2013 | Tickers: KEX, NMM, CKH

    Despite a 4% rise in demand in 2012, container shipping outlook has been negative since 2011.

    This was due to a supply-demand mismatch; the supply of new vessels exceeded the demand for the same. This outlook will continue in 2013, where demand will rise 6%, while container capacity will grow 7%. This will affect freight rates in the coming months. A decrease in U.S oil imports, low European demand more »

  • Fuel Up Your Portfolio With These Oil and Gas Shipping Companies

    By Madhukar Dubey - July 18, 2013 | Tickers: GLNG, KEX, TGP

    Ninety percent of world trade happens through the shipping industry. This includes transportation of oil, gas, LNG, and other natural resources. The increase in consumption and demand for these natural resources has resulted in huge investments and infrastructure development in the shipping industry.

    I have analyzed three shipping companies on the basis of long-term contracts to supply shipping facilities to oil and gas companies in order to generate high revenue more »

  • 3 Ways to Invest in Shipping

    By Phillip Woolgar - July 15, 2013 | Tickers: DSX, GLNG, KEX

    During the recession, shipping stocks were among the most bearish in the eyes of the average investor, and that sent shares of these companies plunging. But now that the economy is well into its recovery, these firms could be among the stocks most poised for profit surges. After all, increasing disposable income for the average consumer means greater demand for goods. With water being a main transportation route, shipping companies more »

  • Is It Time to Move Into Shipping?

    By Rupert Hargreaves - June 21, 2013 | Tickers: TEU, GLNG, KEX, TK

    The Baltic Dry Index, a number issued daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials such as coal, iron ore and grains. The index measures 23 shipping routes on a time-charter basis covering Handysize, Supramax, Panamax, and Capesize drybulk carriers -- effectively, the index is a measure of activity in the shipping industry, which can be useful for investors who have holdings more »

  • Elite Hedge Fund Select Equity Group’s "Fab Four"

    By Meena Krishnamsetty - May 31, 2013 | Tickers: CBG, HOG, KEX, MRC

    Select Equity Group is one of the 500 most elite hedge funds we track at Insider Monkey, and like their peers, has recently filed a quarterly 13F form with the SEC disclosing their top long equity holdings. Select Equity is a New York-based hedge fund managed by Robert Joseph Caruso; we’ve picked his four largest stock picks heading into Q2 because it’s important to follow the smart money more »

  • These 3 Stocks Will Continue to Surge During the Shale Revolution

    By Justin Carley - May 18, 2013 | Tickers: HFC, KEX, VLO

    Shale gas is a game changer. We are in the very early innings of this process and investors still have ample opportunity to position their portfolio to capitalize on the phenomenon. Stocks poised to benefit have already made strong moves, but substantial upside remains if one takes a patient, long-term approach. This is a secular story that will play out over the next decade. Thus certain stocks stand poised to more »

  • Backdoor Plays on Shale Gas Production

    By Ted Cooper - May 6, 2013 | Tickers: KEX, NMM, QLTY

    The improvement of methods for extracting oil and gas trapped in shale formations has put the United States on the path to energy independence. Shale gas production is expected to continue increasing over the next decade despite low domestic natural gas prices; this will serve as a lid on the price of natural gas in the United States.

    While the low price of natural gas has been devastating for many more »

  • Patience Is the Key for These Shipping Stocks

    By Shweta Dubey - March 24, 2013 | Tickers: ISH, KEX, NMM

    It is expected that the oversupply in the dry-bulk shipping market could potentially stabilize in the second-half of 2013. I do agree with this, because I believe that the rapid decline in the new-dry bulk vessels deliveries in 2013 should pull down the gap between demand and supply of dry-bulk.

    But the market is likely to remain challenging, given that demand would still have to grow to offset the significant more »

  • Taking Billionaire Wilbur Ross's Advice: Invest In Shippers

    By Marshall Hargrave - January 29, 2013 | Tickers: TEU, CMRE, DRYS, ISH, KEX

    Billionaire Wilbur Ross is a renowned debt investing expert who has turned bullish on the shipping industry; believing there are a number of opportunities in the dry bulk and container ship markets. Ross started his own firm in 2000, specializing in distressed investing (check out all the stocks Ross owns).

    Private equity has also been showing interest in shipping. Major private equity firms have been buying up shipping vessels of more »

  • Royce Nears 6% Ownership of This Transportation Company

    By Meena Krishnamsetty - January 21, 2013 | Tickers: HOS, KEX, CKH, TDW

    According to a 13G filed with the SEC, Royce & Associates owns almost 1,250,000 shares of Seacor Holdings (NYSE: CKH). Seacor is a $1.8 billion market cap marine transportation company operating a portfolio of assets including offshore supply vessels, tugboats and pushboats, and tank barges. The stock is down 5% in the last year against a rising market, and down 17% in the last two years. Royce & Associates more »

  • Oil and Gas Demand Will Give This Stock a Boost

    By Mike Thiessen - January 9, 2013 | Tickers: CNRD, KEX, RIG

    Conrad Industries (NASDAQOTH: CNRD) builds, repairs and refurbishes marine vessels at its facilities in Louisiana and Texas.  It serves both inland and coastal customers.  CNRD constructs large and small deck barges, single and double hull tank barges, life boats, push boats, towboats and offshore tugboats and other supply vessels. 

    The stock appears cheap trading at a TTM P/E of 5.74x.   Its end markets are attractive, cash flows strong more »

  • Water, Water, Everywhere- Ideas In Water Utilities & Beyond

    By Steve Van - November 15, 2012 | Tickers: AWR, AWK, WTR, BMI, CWT, ITRI, KEX, LNN, MWA, XYL

    “Water, water, everywhere,
    Nor any drop to drink.”
    The Rime of the Ancient Mariner
    by Samuel Taylor Coleridge

    Seeing the devastation from Hurricane Sandy brought to mind this famous verse, which in turn got me thinking about ways to invest in one of the essentials of human life-water. We drink it, bathe in it, grow & prepare food with it, and even use it for transportation and recreation. I am confident more »

  • Not All Shippers are a Poor Investment

    By Joshua Bondy - August 30, 2012 | Tickers: DSX, DRYS, KEX, NM, NMM

    It is well known that shipping is currently in a bear market. The market has seen a continued decline in the Baltic Dry Index over of the past couple years and an increase in dry tonnage. Over the near term the majority of shipping stocks are not a great investment although there are still a select number of stocks like Kirby Corp (NYSE: KEX) which show promise. 

    As Warren Buffet more »

  • Should Investors Stop Buying Kirby After its Strong Earnings?

    By Meena Krishnamsetty - July 31, 2012 | Tickers: HOS, KEX, CKH, TDW

    Kirby (NYSE: KEX), a $3 billion market cap company, provides inland marine transportation of chemicals, oil products, and other liquids with its fleet of over 800 tank barges. The company posted strong earnings on Thursday morning, missing revenue but increasing earnings per share by 10%, above analyst expectations. The stock finished the day up 14%. Before, Kirby had been down 28% for the year and could have been considered a more »

  • One Screen, Four Stocks, One Idea

    By Steve Van - July 23, 2012 | Tickers: CTAS, KEX, SLH, CLX

    Searching for the next great stock investment idea can be a frustrating, time consuming, and even exhilarating process. We often get ideas from reading investment magazines, watching CNBC or Bloomberg on television, listening to tips from friends and relatives, and paying attention to trends in the local shopping mall. During a recent search for stock investment ideas, I found myself scouring the holdings of a mutual fund whose investment style more »

  • Is the Baltic Dry Index on the Rebound?

    By Maxwell Kirchhoff - March 19, 2012 | Tickers: BALT, EGLE, KEX, RIO, SINO

    What was once a prestigious leading macroeconomic indicator, the Baltic Dry Index (BDI), has seen its relevance questioned by major outlets such as the Wall Street Journal.  At the WSJ, contributors have been debating whether or not this index is still a leading indicator (or a lagging indicator), and whether or not overproduction of large ships during 2008 has created a scenario in which the shipping industry cannot book to more »

  • 5 Picks From Jim Cramer's "Mad Money"

    By Christopher French - February 6, 2012 | Tickers: KEX, KOG, LULU, MON, NAT

    Stock market specialist Jim Cramer recommended that you buy these five stocks one month ago on his January 12th episode of Mad Money.  In this article, I analyze his picks on a relative value basis and analyze each stock's performance since Mr. Cramer's recommendation. 

    Kirby (NYSE: KEX)When Jim Cramer recommended this stock a month ago it was at $66.63 per share and today it's at more »