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Teck Resources Limited (USA)

  • These Three Miners Could Offer Good Future Returns

    By Rupert Hargreaves - May 22, 2013 | Tickers: HL, SWC, TCK

    As I do most of my trading and investing on the London Stock Exchange, I like to think that I know something about resource stocks; after-all, London is the preferred place for resource companies to list in the world, and a significant part of my portfolio is composed of miners and mining equipment company's.

    The problem is that, with the commodity market stuck in a bear market, resource stocks more »

  • Teck Resources -- The Good and the Not So Good

    By Peter Epstein - May 1, 2013 | Tickers: BHP, RIO, TCK

    Teck Resources (NYSE: TCK) has very attractive assets, but not without moderate risk. It will be a prime beneficiary of the rebound in demand for coking coal and copper, timing unknown. However, in the short term, Teck faces many of the same headwinds as peers like BHP Billiton (NYSE: BHP) and Rio Tinto, (NYSE: RIO). Teck has a solid balance sheet to get through the current challenging markets. Over time more »

  • Iron Ore Producers' Outlook Remains Bleak

    By Peter Epstein - April 11, 2013 | Tickers: AMI, CLF, FMG, LOND, TCK

    As I’ve posted from time to time over the past few months, iron ore prices are under pressure. Morgan Stanley is the latest voice to say that iron ore prices are headed materially lower by the end of this year, calling for a price of $90 per metric tonne. That compares to current spot prices around $133 per tonne. Iron ore prices fell to about $87 per tonne in more »

  • Iron Ore Market Reported to be in Trouble

    By Peter Epstein - April 7, 2013 | Tickers: AMI, BHP, CLF, VALE, FMG, LOND, RIO, TCK

    As I’ve posted from time to time over the past few months, iron ore prices are under pressure. Morgan Stanley is the latest voice to say that iron ore prices are headed materially lower by the end of this year, calling for a price of $90 per metric tonne. That compares to current spot prices around $133 per tonne. Iron ore prices fell to about $87 per tonne in more »

  • An Iron Deal Worth $2 Billion

    By Mike Thiessen - March 14, 2013 | Tickers: MT, RIO, TCK

    In a major transaction that has set off a round of speculation in the normally staid iron mining sector, London-based mining giant Rio Tinto (NYSE: RIO) has announced its plans to sell its stake in privately-held Iron Ore Company of Canada for as much as $2 billion. Rio Tinto's divestiture of its 58.5 percent stake in the company is likely to prompt a round of bidding for IOC more »

  • 2 Miners To Consider Now, 3 To Avoid

    By Bill Edson - January 10, 2013 | Tickers: BHP, CLF, VALE, RIO, TCK

    Many mining ventures face challenges working with local governments and working inside of local regulations. Yes, we live in a global world, but our legal and regulatory institutions are local. Ultimately, mining is very sensitive to parochial government since miners cannot leave and take their mines with them.

    Based on this risk and others, investors should only invest in miners at attractive valuation multiples.

    India Miners Shut Down

    India’s more »

  • Analyzing Three Metallurgical Coal Companies

    By Shweta Dubey - January 2, 2013 | Tickers: BTU, TCK, WLT

    Coal generation in the United States was low all throughout the 2012 due to pricing pressure and weak global demand. Weak Chinese economy and cheaper natural gas prices have led down the demand for coal. However, for the coming years I anticipate this scenario to change with the rise in the metallurgical (met) coal demand from BRIC economies. India's met coal demand is expected to increase 25% till 2015 more »

  • Should You Buy This Volatile Metal Stock

    By Shweta Dubey - December 28, 2012 | Tickers: FCX, SCCO, TCK

    A Plummeting coal price was the major reason for the poor third quarter results of Vancouver, British Columbia based Teck Resources (NYSE: TCK). It has reported lower 3Q 2012 earnings as compared to the year ago due to lower commodity prices prevailing in the market and also lower volumes of steel making coal being sold amid global economic concerns. The company’s third quarter adjusted EPS fell to $0 more »

  • FreePort's Big Move Into E&P Assets Is Bullish for Gold

    By Peter Epstein - December 10, 2012 | Tickers: BHP, FCX, NEM, TCK

    Freeport's Move Into Oil & Gas Speaks Volumes

    On Dec. 5, Freeport-McMoRan Copper & Gold, (NYSE: FCX) made a $20 billion move into Oil & Gas assets. Shareholders hate the move. In the two trading days since the announcement, FCX stock was down 19.5% from $38.3 to $30.8. Shareholder lawsuits have already begun to fly. Shareholders are livid that they were not given the chance to approve this transformational more »

  • Teck Resources a Top Pick for 2013!

    By Peter Epstein - December 3, 2012 | Tickers: BHP, CNX, BTU, RIO, TCK, WLT | Editor's Choice

    Not All Mining Stocks Are High Risk

    Canadian miner Teck Resources (NYSE: TCK) has three main business segments, all of which are attractive over the long-term. Currently the company's largest segment, premium hard coking coal, is under pressure. However, Teck has a significant copper business and an emerging Canadian Oil Sands business that's likely worth $4-$5 per share on a $33 stock price. Importantly though, Teck's more »

  • Vale: The Best Play In Mining?

    By Bill Edson - November 7, 2012 | Tickers: BHP, VALE, RIO, TCK

    There is a mining boom based largely on wildly-oversized construction spending in the People's Republic of China. Investors should be careful not to pay high valuations for mining companies that supply raw materials for building projects. Instead, they should require low valuations that do not assume continuous, high growth.

    Some Mining Companies Understand

    Vale (NYSE: VALE), the world's biggest iron-ore company, reported $4.28 billion in EBITDA (earnings more »

  • This Blockbuster Mining Company is Hard to Miss

    By Piyush Arora - October 30, 2012 | Tickers: BHP, VALE, RIO, TCK

    The health of the economy is an interesting topic for debate. The unemployment rate in the US dipped to 7.8%, housing sales and construction are witnessing an uptick, and the industrial output beat market expectations. To strengthen the financial system of the country, the Fed will be buying $40 billion worth of toxic mortgage backed securities and all these numbers suggest that economic recovery is in the cards. It more »

  • 2 Stocks to Buy as Mining Boom, Australian Economy Sputter

    By Bill Edson - October 24, 2012 | Tickers: BHP, VALE, RIO, TCK

    Perhaps I have never made a more heretical comment in my life, but there is more to investing that reacting to central bank announcements. Money printing doesn’t mean that every commodity stock is a buy. Investors still have to consider valuation, even if central banks around the world have committed to increasing the money supply.

    Dust Settling on Mining Boom

    Australia is the center of the mining boom because more »

  • Coking Coal Pricing Down 24%, Coal Equities Rally 28%

    By Peter Epstein - September 17, 2012 | Tickers: ANR, CNX, TCK, WLT

     4th Quarter Benchmark Coking Coal Price Settled at $170 Per Metric Tonne

    On September 12th, a 4th quarter benchmark coking coal contract was signed at $170 per metric tonne. This is 24% below 3rd quarter's $225 per tonne and ~50% lower than last year's high of $330 per tonne. Alarmingly, the spot price is below this new benchmark price, trading around $150 per tonne. This is surprising because more »

  • Rio Tinto Needs to Acquire Walter Energy -- Here's Why

    By Peter Epstein - September 17, 2012 | Tickers: BHP, VALE, RIO, TCK, WLT

    Rio Tinto (NYSE: RIO) is the 2nd largest iron ore producer in the world and enjoys the best combination of cost, organic growth and infrastructure. In 2011, 71% of Rio's earnings before interest, taxes, depreciation and amortization (EBITDA) came from iron ore and 11% from copper. Rio has a strong copper platform and is a top 5 producer.Through attractive large-scale projects, Rio plans to become a top 3 more »

  • These 3 Companies BENEFIT From Resource Nationalism

    By Peter Epstein - September 15, 2012 | Tickers: CLF, TCK, WLT

    Foolish investors no doubt are aware of "Resource Nationalism," moves by governments to expropriate foreign-owned assets. But there's much more then expropriation at stake. Resource nationalism, "RN," also takes the form of governmental intimidation, aboriginal claims & protests, sudden increases in taxes and royalties, corruption, increased regulations/permitting and environmental scrutiny, export levies, capital controls, and blocking foreign M&A. Each one of these issues is playing out around the more »

  • EPIC Buying Opportunity for These 5 Stocks

    By Peter Epstein - September 4, 2012 | Tickers: BHP, VALE, RIO, TCK, WLT

    Beware Falling Knives, But at Times it May Make Sense to Try to Catch a Few.  

    Trying to catch a falling knife can be painful. As we approach the 4th quarter, some hedge funds will be reducing allocations to risky assets. Tax loss selling will also play a role in market technicals over coming months. Yet, when hedge funds AND retail investors are selling stocks, Foolish investors should be looking more »

  • Buy This Bellwether Stock

    By Peter Epstein - August 28, 2012 | Tickers: BHP, VALE, RIO, TCK, XTA

    I'm bullish on global miners like Vale, (NYSE: VALE) Rio Tinto, (NYSE: RIO), Teck Resources, (NYSE: TCK) and Xstrata, (LSE: XTA). Vale is my favorite with its 6.9% dividend yield and dominant position in iron ore. However, now that BHP, (NYSE: BHP), has released its FY 6/30/12 earnings, I'm growing to like it as well. BHP doesn't have the upside of say a Vale more »

  • Who Will "Glen-Strata" Acquire First? 4 Prime Targets

    By Peter Epstein - August 15, 2012 | Tickers: CNX, BTU, TCK, WLT

    For years Xstrata was on the prowl for acquisitions of natural resources or the companies that produce them. Xstrata may be remembered for its acquisition of Falconbridge, a Canadian natural resources company with operations in 18 countries. Falconbridge produced copper, nickel, cobalt and platinum, among other things. Even as Xstrata is now the target of Glencore, it still has the acquisitive juices flowing for smaller deals. For example, last year more »

  • Coking Coal Quality Matters A LOT, 4 Companies That Have the Best

    By Peter Epstein - August 13, 2012 | Tickers: ANR, BHP, BTU, TCK, WLT

    Coking or metallurgical/MET coal -- i.e., coal used in the steel making process -- commands a premium price to steam or thermal coal used as fuel in power plants to generate electricity. There are multiple flavors of thermal and coking coal. On the thermal side, the key metrics that determine the price are the coal's heat content, moisture, and sulfur levels. While the same metrics are important for coking more »

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