The AES Corporation (AES) fell -1.5% during last trading as the stock lost $-0.18 to finish the day at $11.82 with about 4.58M shares changing hands, compared to its three month average trading volume of 5.02M. The $7.81B market cap company, which fluctuated between $11.76 and $12.05 during the day, currently situated 48.28% above its 52 week low of $8.22 and -11.26% away from its one year high of $13.32. The RSI of 43.7 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, including natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar. The company owns and/or operates a generation portfolio of approximately 29,352 megawatts. It has operations in the United States, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was founded in 1981 and is headquartered in Arlington, Virginia.
Vanguard Natural Resources, LLC (VNR) gained $0.08 to close the day at a new closing price of $0.84, a 10.43% increase in value from its previous closing price that moved the stock 82.46% above its 52 week low of $0.46. A total of 4.56M shares exchanged hands during the day compared with its three month average trading volume of 1.8M. The stock, currently situated -89.45% below its 52 week high. The stock is down by -11.65% in the past one month and down by -52.04% over the past three months. With a one year target estimate of $1.4 and RSI of 52.65, the stock still has upside potential, making it a hold for now.
Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in 10 operating basins, including the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi, and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming; and the Powder River Basin in Wyoming. As of December 31, 2015, the company had total estimated proved reserves of 2,289.3 million barrels of oil equivalent, as well as owned working interests in 14,459 gross productive wells and approximately 881,508 gross undeveloped acres. Vanguard Natural Resources, LLC was founded in 2006 and is headquartered in Houston, Texas.
CF Industries Holdings, Inc. (CF) had a light trading with around 4.57M shares changing hands compared to its three month average trading volume of 5.78M. The stock traded between $24.46 and $25.95 before closing at the price of $24.53 with -3.99% change on the day. The Deerfield Illinois 60015 based company is currently trading 19.77% above its 52 week low of $20.77 and -51.91% below its 52 week high of $53.13. Both the RSI indicator and target price of 50.29 and $25.41 respectively, lead us to believe that it should be put on hold over the coming weeks.
CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.