Active Energy Companies in the News for January 25, 2013
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130125:nPn1252501 CORAL SPRINGS, Florida, January 25, 2013 /PRNewswire/ -- FinancialNewsMedia.com "Active Energy Companies to Watch" for today: Peabody Energy Corp. (NYSE:BTU), New Colombia Resources, Inc. (OTC: NEWC), SandRidge Energy Inc. (NYSE: SD), Halliburton Company (NYSE: HAL) and Chesapeake Energy Corporation (NYSE: CHK) Industry analysts expect U.S. natural gas prices to increase this coming year which could lead electric power generators to once again return to coal. Natural gas prices reached their lowest level in more 10+ years in 2012, prompting many power plants to switch from coal to cheaper natural gas. In 2013, gas prices are expected to rise nearly 35 percent. Consumption of natural gas for power generation will drop more than 10 percent, according to the US Energy Information Administration's Short-Term Energy Outlook released in December 2012. The largest US coal producer, Peabody Energy Corp. (NYSE:BTU), expects the rise in natural gas prices to fuel a 40 to 60 million ton rebound in coal demand in 2013. The industry could regain nearly half of the 120 million ton loss in demand in 2012. The critical point for individual investors who particularly follow energy stocks is to find the steady and emerging companies positioning themselves for providing solutions for the growing global demand of certain energy producing opportunities. Active Energy Plays to keep a close eye on are: Peabody Energy Corp. (NYSE: BTU) News: The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Feb. 28, 2013, to holders of record on Feb. 7, 2013. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. New Colombia Resources, Inc. (OTC: NEWC) (formally known as VSUS Technologies - VSUT) is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. NEWC owns 100% of La Tabaquera mine in Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. The company has recently retired its remaining convertible debt and entered into a definitive agreement to acquire a 12 year old South Colombian Mining entity in order to begin the process of ramping up operations in Columbia. New Colombia Resources price per share was $0.005 back in late November, 2012. Today NEWC is trading up over 900% since news about its operations are ramping up and according to John Campo, NEWC President, the next few weeks should be exciting times for the company. For more details go to: http://finance.yahoo.com/news/emerging-coal-mining-company-name-142445558.html SandRidge Energy Inc. (NYSE: SD) News: SandRidge Energy's board said Friday it reviewed land deals involving entities controlled by Chief Executive Tom Ward and his family and found no wrongdoing. The company said in a statement its independent directors would consider requests from two activist investors - who are already working to have Ward removed - to hire outside investigators to look into the charges. SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City, Oklahoma with its principal focus on exploration and production. Halliburton Company (NYSE: HAL) posted a profit of $669 million, or 72 cents a share, down from $906 million, or 98 cents a share, a year earlier on continued weakness on the North American business. Analysts had, on average, expected per-share earnings of 61 cents, according to a poll by FactSet. The results were strong "despite a difficult environment," analysts at UBS said in a note to clients, adding that Halliburton "remains a top pick." Halliburton is the world's second- largest oilfield-services provider, reported fourth-quarter earnings that beat analysts' estimates as customers around the world boosted spending at the end of the year. Chesapeake Energy Corporation (NYSE: CHK) News: Leading methanol producer Methanex Corporation (MEOH) has forged a 10-year supply pact with Oklahoma-based Chesapeake Energy Corporation (CHK), the second largest natural gas producer in the U.S. Under the agreement, Chesapeake will supply natural gas for Methanex's methanol plant in Geismar, La. The supply will begin with the startup of the 1-million ton plant, which is expected in late 2014. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. 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