The plunge in coal prices has set alarm bells ringing for the bondholders Alpha Natural Resources, Inc. (NYSE:ANR)bondholders as the second-largest U.S. coal producer consumes more cash than ever before. This is because many smaller competitors have already declared bankruptcy. Alpha Natural Resources, Inc. (NYSE:ANR) shares after opening at $4.32 moved to $4.45 on last trade day and at the end of the day closed at $4.40. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as 1.02. Alpha Natural Resources, Inc. (NYSE:ANR) showed a negative weekly performance of -0.23%.
Cabot Oil & Gas Co. (NYSE:COG)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday, American Banking and Market News reports. They currently have a $40.00 target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 17.47% from the stock’s previous close. Cabot Oil & Gas Corporation (NYSE:COG) shares advanced 2.56% in last trading session and ended the day on $34.92. COG return on equity ratio is recorded as 12.50% and its return on assets is 5.70%. Cabot Oil & Gas Corporation (NYSE:COG) yearly performance is 9.40%.
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) increased its quarterly cash distribution per common unit to $1.38 ($5.52 annualized) payable on May 15, 2014, to unitholders of record as of April 30, 2014. This represents a 6 percent increase over the first quarter 2013 cash distribution per unit of $1.30 ($5.20 annualized) and is up from $1.36 per unit ($5.44 annualized) for the fourth quarter of 2013. Kinder Morgan Inc (NYSE:KMI) shares moved up 1.38% in last trading session and was closed at $33.77, while trading in range of $32.52-$33.95. Kinder Morgan Inc (NYSE:KMI) year to date performance is -5.11%.
Barrick Gold Corporation (USA) (NYSE:ABX)’s shareholders have in the recent past revolted against the company’s proposed pay package to its top executives. Now, they are being advised to vote in favor of the latest plan. The world largest gold producer has confirmed it has factored in shareholder’s concerns, coming up with a new governance structure as well as a compensation plan. Barrick Gold Corporation (USA) (NYSE:ABX) weekly performance is -4.31%. On last trading day company shares ended up $17.98. Barrick Gold Corporation (USA) (NYSE:ABX) distance from 50-day simple moving average is -7.65%. Analysts mean target price for the company is $20.58.