Browse by ▼

Walter Industries, Inc.

  • Market Cap Vs. Enterprise Value of Coal Stocks

    By Peter Epstein - June 17, 2013 | Tickers: ARLP, ACI, BTU, WLT

    Investors looking to play a beaten down sector like coal need to understand the difference between Market Cap, "MC" and Enterprise Value, "EV." Most investors recognize MC, the number of shares outstanding multiplied by the share price. This simple metric serves investors well if there's not much debt on the balance sheet. 

    In short, market cap ignores debt on the balance sheet 

    However, if a company employs debt, then more »

  • Is it Finally Time to Buy Coal Stocks?

    By Peter Epstein - June 11, 2013 | Tickers: ANR, ACI, CNX, BTU, WLT

    Talk about a fall from grace. Peabody Energy (NYSE: BTU) used to be the bellwether coal name in the U.S. and arguably the world. That was two years ago when the CEO, the de facto spokesperson for the industry, liked to talk about the "Coal Supercycle." At $18 and change, Peabody is very close to an all-time low. The last time the stock price was this low was at more »

  • Will This Coal Miner Stop Falling?

    By Vladimir Zernov - June 11, 2013 | Tickers: ANR, ACI, BTU, WLT

    Sometimes luck turns away from certain industries. This has been the case for coal miners this year. Prices for coal remain low. Despite all the efforts to reduce costs, coal stocks continue to suffer. The worst performer in the group is Walter Energy (NYSE: WLT). This stock is down more than 57% this year. Will fortunes change for this troubled miner?

    Why Walter Energy is down so much

    Walter Energy more »

  • Notable Insiders Buys in This Coal Stock

    By Anh HOANG - May 24, 2013 | Tickers: ANR, CNX, WLT

    In the past twelve months, Walter Energy (NYSE: WLT) has experienced a significant drop of nearly 50% to around $18 per share. Taking advantage of the low share price, the company’s insiders, including its CEO, CFO, general counsel, and senior VP of project development, have spent more than $2 million to buy shares since the beginning of May. Should we follow the company’s insiders into this stock? Let more »

  • Insiders Are Buying These 2 Stocks Heavily...Should You?

    By Adem Tahiri - May 22, 2013 | Tickers: NUE, X, WLT

    Following large, recent insider buying is a fun way to screen for stocks. It's not scientific, and shouldn’t be a central investment thesis, but it can be a very bullish sign. In fact, many studies have shown that stocks of companies with heavy insider buying go on to outperform the market by as much as 7%.

    I’ve combed through stocks with large, recent insider purchases. Here are more »

  • Consol Energy Weighed Down By Coal, Not Natural Gas!

    By Peter Epstein - May 2, 2013 | Tickers: ANR, CNX, WLT

    Consol Energy, (NYSE: CNX) is a major force in both natural gas and coal in the U.S. Until recently, the Company's stock price was held back by years of low natural gas prices. Last year natural gas fell briefly below $2 per mcf. At that price, no one was making any money. It's widely believed that a natural gas price comfortably above $3 is required for the more »

  • Down Sharply from its 2011 High, Is Walter Energy a Buy?

    By Peter Epstein - May 1, 2013 | Tickers: CLD, CNX, BTU, WLT

    Forget the 52-Week Low, Walter Energy is Down 88% Since March 2011

    Few natural resource stocks have been hit as hard as Walter Energy (NYSE: WLT). Even among its peer group of horribly performing U.S. coal stocks, Walter is off considerably more than Peabody Energy (NYSE: BTU), Cloud Peak (NYSE: CLD) and Consol Energy (NYSE: CNX). Trading at about $17 per share, down from a high of about $141 more »

  • Is Alpha Natural Resources a Good Stock to Buy?

    By Meena Krishnamsetty - May 1, 2013 | Tickers: ANR, ACI, CNX, BTU, WLT

    Along with many other stocks in the coal industry, Alpha Natural Resources (NYSE: ANR) has seen its stock price fall dramatically over the last couple years (it is currently down 87% from two years ago, and 56% in the last year). Alpha provides both steam and metallurgical coal, each of which has been encountering demand problems over this time. Steam coal, which composes about 80% of Alpha’s production volumes more »

  • $2 Billion Hedge Fund’s Small-Cap Picks

    By Meena Krishnamsetty - May 1, 2013 | Tickers: IGT, NFX, PENN, SM, WLT

    The most popular small cap stocks among hedge funds (which we define as those stocks with market capitalizations between $1 billion and $5 billion) generate an average excess return of 18 percentage points per year (see the details here). We think that this is because small cap stocks receive less attention from large institutional investors such as mutual funds, and so are more likely to be either undervalued or overvalued more »

  • This Coal Stock Can Still Give You Returns

    By Shas Dey - April 28, 2013 | Tickers: ACI, BTU, WLT

    Walter Industries (NYSE: WLT) is a leading metallurgical coal producer for the global steel industry with strategic access to steel markets around the world. Recently, it has been facing a number of issues, due to which the financial performance has declined. Some of these issues are not company specific and are affecting the whole industry.

    The stock reached an all-time high price of around $143 in April 2011. But it more »

  • This Coal Stock Can Still Give You Returns

    By Shas Dey - April 15, 2013 | Tickers: WLT

    Walter Energy (NYSE: WLT) is a leading metallurgical coal producer for the global steel industry with strategic access to steel markets around the world. The stock reached an all-time high price of around $143 in April 2011. But it has been falling since then. The reason behind this fall has been the lower than expected earnings for many consecutive quarters. During the latter part of 2011, it faced resistance at more »

  • Coking Coal Fundamentals Remain in the Dumps

    By Peter Epstein - April 12, 2013 | Tickers: ANR, BTU, WLT

    Coking Coal Prices Have Most Likely Bottomed, Now What?

    Analysts and pundits, including a handful of equity research analysts, point to a bottoming of coking coal prices as a positive indicator. Some suggest this bottoming marks the time to be bullish on coal stocks as the worst is behind them. I disagree. The coal stocks are dead money for at least the next 3-6 months. Nothing good is happening and more »

  • Is the Steel Industry Finally Worth a Look?

    By Matthew Frankel - April 10, 2013 | Tickers: CLF, X, WLT

    Virtually any company involved in the steel industry has performed terribly lately.  For example, U.S. Steel (NYSE: X) is just 3.7% above its post-crisis low of $16.66 in 2009, after crashing from a high of $196 a year earlier.  Since the beginning of this year, shares have fallen more than 30% on uncertainty about global demand.  However, as I have said several times, uncertainty creates some of more »

  • Is The Steel Industry Finally Worth A Look?

    By Matthew Frankel - April 7, 2013 | Tickers: CLF, X, WLT

    Virtually any company involved in the steel industry has performed terribly lately.  For example, U.S. Steel (NYSE: X) is just 3.7% above its post-crisis low of $16.66 in 2009, after crashing from a high of $196 a year earlier.  Since the beginning of this year, shares have fallen more than 30% on uncertainty about global demand.  However, as I have said several times, uncertainty creates some of more »

  • Coking Coal Fundamentals Remain in the Dumps

    By Peter Epstein - April 7, 2013 | Tickers: ANR, BTU, WLT

    The News in the Coking Coal Space Remains Horrible

    Analysts and pundits, including a handful of equity research analysts, point to a bottoming of coking coal prices as a positive indicator. Some suggest this bottoming marks the time to be bullish on coal stocks as the worst is behind them. I disagree. The coal stocks are dead money for at least the next 3-6 months. Nothing good is happening and more »

  • Hedge Funds Are Putting Their Money in These Stocks

    By Meena Krishnamsetty - March 29, 2013 | Tickers: CRI, LOGM, SD, WLT, YELP

    Editor's Note: Sandridge has been updated to reflect it both its oil and natural gas business.

    Six to seven weeks after the end of each quarter, hedge funds file 13Fs with the SEC to disclose many of their long equity positions as of the end of that quarter. Even with the inherent delay, it is still possible to use this information to develop investment strategies, as we have done more »

  • Billionaire Steve Cohen’s Favorite Coal Stock?

    By Meena Krishnamsetty - March 28, 2013 | Tickers: ANR, ACI, CNX, BTU, WLT

    According to a 13G filed with the SEC, billionaire Steve Cohen’s SAC Capital Advisors recently owned 3.3 million shares of Walter Energy (NYSE: WLT), a $1.8 billion market cap coal miner. We track 13F filings from hedge funds as part of our work researching investment strategies (we have found, for example, that the most popular small cap stocks among hedge funds generate an average excess return of more »

  • 5 Stocks With Bullish Sentiment From This Underrated Indicator

    By Meena Krishnamsetty - March 3, 2013 | Tickers: CBI, PENN, SM, WLT, WLL

    Hedge fund sentiment is an underrated indicator of a stock’s bullish potential. At Insider Monkey, we’ve discovered strategies that retail investors have used to beat the market, and quite handily at that. Our small-cap strategy outpaced the broader indexes by 18% a year for more than a decade in our back tests, and since we started sharing these picks with the public, we've beaten the market by more »

  • The Smart Money’s Favorite Coal Stocks May Surprise You

    By Meena Krishnamsetty - February 28, 2013 | Tickers: ANR, ACI, CNX, BTU, WLT

    Insider Monkey has processed hundreds of 13F filings from hedge funds and other notable investors for the fourth quarter of 2012; these filings disclose many long equity positions, which the investor in question had in their portfolio at the end of December. By aggregating 13F filings, we can develop investment strategies including imitating hedge funds’ most popular stocks in various categories. The most popular small-cap stocks among hedge funds stand more »

  • Five Rumored Takeover Targets

    By Salvatore "Sam" Mattera - February 25, 2013 | Tickers: CHK, JOY, MNST, NFLX, WLT

    Wall Street appears to have become swept up in yet another wave of merger mania. With companies such as Heinz and Dell getting takeover offers, and mergers like Office Depot/Office Max, 2013 is shaping up to be a big year for corporate deals.

    Trying to guess the next big deal is probably a futile endeavor. That said, here are five companies that have been rumored to be on the more »

  • Page 1 of 4