North American renewable natural gas provider Clean Energy Fuels (NASDAQ:CLNE) hasn’t exactly been a darling of the markets lately. Unfortunately for the company’s investors, CLNE stock peaked in February and then sputtered out.
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Does this mean that the company is actually in trouble? Not necessarily. It’s possible that the share price just went up too far, too fast in early 2021.
Top Clean Energy Stocks To Watch Right Now: The Bon-Ton Stores, Inc.(BONT)
The Company, a Pennsylvania corporation, was founded in 1898 and is one of the largest regional department store operators in the United States, offering a broad assortment of brand-name fashion apparel and accessories for women, men and children. Our merchandise offerings also include cosmetics, home furnishings and other goods. We currently operate 267 stores in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet.
Industry Overview
We compete in the department store segment of the U.S. retail industry, a highly competitive environment. The department store industry continues to evolve in response to competitive retail formats–mass merchandisers, national chain retailers, specialty retailers and online retailers–and the expansion of mobile technology and social media. Advisors’ Opinion:
- [By Adam Levine-Weinberg]
However, the outlook for J.C. Penney stock could be improving as competition in the department store sector starts to wane. Sears Holdings (NASDAQ:SHLD) recently revealed another round of store closures. Furthermore, Bon-Ton (NASDAQ:BONT) announced this week that it will liquidate after its attempt to emerge from bankruptcy as a going concern failed.
- [By Adam Levine-Weinberg]
In 2018, TJX will benefit from a lower tax rate and easier year-over-year comparisons. It is also likely to be one of the biggest beneficiaries of Bon-Ton Stores’ (NASDAQ:BONT) pending liquidation. This could send TJX stock to new heights later this year.
- [By Adam Levine-Weinberg]
Last week, bankrupt department store operator Bon-Ton Stores (NASDAQ:BONT) made one last desperate bid to survive. A group led by mall owners Namdar Realty Group and Washington Prime Group (NYSE:WPG) signed a letter of intent to buy the company out of bankruptcy and continue operating at least some of its stores.
- [By Adam Levine-Weinberg]
Not long ago, liquidation seemed inevitable for bankrupt department store operator Bon-Ton Stores Inc. (NASDAQ:BONT). The company’s desperate attempt to restructure outside the bankruptcy process failed earlier this year when it couldn’t find an investor willing to finance a comeback effort.
Top Clean Energy Stocks To Watch Right Now: PBF Logistics LP(PBFX)
PBF Logistics LP, incorporated on February 25, 2013, is engaged in the receiving, handling and transferring of crude oil and the receipt, storage and delivery of crude oil, refined products and intermediates. The Company operates through two segments: Transportation and Terminaling segment, and storage segment. The Company focuses on owning or leasing, operating, developing and acquiring crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. It receives, handles and transfers crude oil from sources located across the United States and Canada, and stores crude oil, refined products and intermediates for PBF Energy Inc. (PBF Energy) in support of its approximately three refineries located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. Its assets consist of the DCR Rail Terminal, the Toledo Truck Terminal, the DCR West Rack, the Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack (collectively referred to as the Contributed Assets), which are components of the crude oil and refined products delivery and storage operations at PBF Energy’s refineries.
Transportation and Terminaling segment
The Company’s DCR Rail Terminal is a light crude oil rail unloading terminal serving PBF Energy’s Delaware City and Paulsboro refineries (East Coast refineries). The DCR Rail Terminal allows the East Coast refineries to source crude oil from Western Canada and the United States. PBF Energy’s East Coast refineries have a combined refining capacity of 370,000 barrels per day (bpd). The Company’s Toledo Truck Terminal serves PBF Energy’s Toledo refinery. The Toledo Truck Terminal consists of over six lease automatic custody transfer (LACT) units, has unloading capacity of approximately 22,500 bpd. The Toledo refinery processes light, sweet crude oil and has a throughput capacity of over 170,000 bpd.
The Company’s DCR West Rack is a heavy crude oil unloading facility serving PBF Energy’s Delaware City refinery with total throughput capacity of approximately 40,000 bpd. The terminaling facility at the Company’s Toledo Storage Facility at PBF Energy’s Toledo refinery consists of over 30 propane storage bullets and a truck loading facility and has a throughput capacity of approximately 11,000 bpd. Delaware City Products Pipeline and Truck Rack serve PBF Energy’s Delaware City refinery. The Delaware City Products Pipeline consists of approximately 23.4 miles, over 20 inches interstate petroleum products pipeline with a capacity in excess of approximately 125,000 bpd. The Delaware City Truck Rack consists of a 15-lane, over 76,000 bpd capacity truck loading rack utilized to distribute gasoline, distillates and liquefied petroleum gases (LPGs).
Storage segment
The storage facility at the Company’s Toledo Storage Facility consists of approximately 30 tanks for storing crude oil, refined products and intermediates. The aggregate shell capacity of the storage facility is approximately 3.9 million barrels, of which approximately 1.3 million barrels are dedicated to crude oil storage and approximately 2.6 million barrels are allocated to refined products and intermediates.
The Company derives revenue from long-term, fee-based agreements with PBF Holding Company LLC, a subsidiary of PBF Energy, for terminaling and storage services. The Company has a rail terminaling services agreement with PBF Holding Company LLC (PBF Holding) under which it provides terminaling services at the DCR Rail Terminal. It has a truck unloading and terminaling services agreement with PBF Holding under which it provides terminaling services at the Toledo Truck Terminal. PBF Holding and Delaware City Terminaling Company LLC (Delaware City Terminaling), a subsidiary of the Company, have a terminaling services agreement under which the Company, through Delaware City Terminaling, provides rail terminaling services to PBF Holding at the DCR West Rack. PBF Holding and Toledo Terminaling Company LLC (Toledo Terminaling), a subsidiary of the Company, have a storage and terminaling services agreement under which the Company, through Toledo Terminaling, provides storage lease and terminaling services to PBF Holding.
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on PBF Logistics (PBFX)
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- [By Logan Wallace]
Get a free copy of the Zacks research report on PBF Logistics (PBFX)
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Top Clean Energy Stocks To Watch Right Now: DAIMLER AG(DMLRY)
Daimler AG, together its subsidiaries, develops and manufactures passenger cars, trucks, vans, and buses in Germany and internationally. It operates through Mercedes-Benz Cars & Vans, Daimler Trucks and Buses, and Daimler Mobility segments. The Mercedes-Benz Cars segment offers premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ brands; small cars under the smart brand name; and ecosystem of Mercedes-Benz under the Mercedes me brand, as well as vans and related services under the Mercedes-Benz and Freightliner brands. Daimler Trucks and Buses segment offers its trucks and special vehicles under the Mercedes-Benz, Freightliner, Western Star, FUSO, and BharatBenz brands; and buses under the Mercedes-Benz, Setra, Thomas Built Buses, and FU brands, as well as bus chassis. The Daimler Mobility segment provides financing and leasing packages for end-customers and dealers; and automotive insurance brokerage, banking, investment, and fleet management services under the Athlon brand. It also sells vehicle related spare parts and accessories. Daimler AG was founded in 1886 and is headquartered in Stuttgart, Germany
Advisors’ Opinion:
- [By ]
Volkswagen (VWAGY) Chief Executive Herbert Diess, Daimler (DMLRY) Chief Executive Ola Kallenius and Gunnar Hermann, chairman of the management board for Ford (F) – Get Ford Motor Company Report Europe told CNBC that it’s difficult to predict when the problem will end.
- [By ]
Here Are 3 Things To Know About Markets Right Now Chinese President Xi Jinping pledged a more open China and promised a decrease on tariffs on imported cars, carmakers including Daimler AG (DMLRY) and BMW AG (BMWYY) rose in Germany while Ford Motor Co. (F) , General Motors Co. (GM) and Tesla Inc. (TSLA) rose in Tuesday pre-market trading. Dow futures are pointing to a more than 300-point jump at open after Xi’s address. Oil rose on Tuesday after President Trump said the U.S. will decide “very quickly” about whether or not to strike Syria in response to a possible chemical attack, West Texas Intermediate crude rose 1.34% to $64.27 a barrel. Markets Overview
Wall Street futures surged on Tuesday, April 10, after Chinese President Xi Jinping pledged to open more sectors but warned against a “Cold War mentality” amid a trade dispute with the U.S.
Top Clean Energy Stocks To Watch Right Now: Park-Ohio Holdings Corp.(PKOH)
Park-Ohio Holdings Corp., through its subsidiaries, operates as an industrial supply chain logistics and diversified manufacturing company primarily in the United States, Asia, Europe, Canada, and Mexico. The company operates in three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment provides Total Supply Management services for various components, including fasteners, pins, valves, hoses, wire harnesses, clamps and fittings, and rubber and plastic components. This segment also offers Total Supply Management services, such as engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, delivery, electronic billing, and technical support services. This segment serves customers in heavy-duty truck; power sports and recreational equipment; electrical distribution and controls; consumer electronics; bus and coaches; automotive; agricultural and construction equipment; HVAC; lawn and garden; semiconductor equipment; aerospace and defense; plumbing; and medical. The Assembly Components segment manufactures cast and machined aluminum components, automotive and industrial rubber, thermoplastic products, gasoline direct injection systems, fuel fillers, and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy-duty truck, and marine equipment industries. This segment also offers design and engineering, machining, and assembly services. The Engineered Products segment manufactures engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined product primarily for the ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries. Park-Ohio Holdings Corp. was founded in 1961 and is headquartered in Cleveland, Ohio.
