News headlines about Foresight Energy (NYSE:FELP) have been trending positive on Monday, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Foresight Energy earned a news sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned media coverage about the energy company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Alpha One Sentiment Analysis’s scoring:
- Foresight Energy LP (FELP): What Are the Signals Showing? – Financial News Review (finnewsreview.com)
- The Foresight Energy LP (FELP) Announces Earnings Results, Misses Expectations By $0.11 EPS – BangaloreWeekly (bangaloreweekly.com)
- Share Tracker: Checking on Foresight Energy LP (NYSE:FELP) – The Business Union (earlebusinessunion.com)
- Investor Toolkit: ERP5 update on Foresight Energy LP (NYSE:FELP) – Concord Register (concordregister.com)
- Fairmount Santrol Holdings Inc (FMSA), Foresight Energy LP (FELP) Shares Moving On Volume – Lenox Ledger (lenoxledger.com)
A number of analysts have weighed in on the stock. FBR & Co reissued a “hold” rating and set a $6.00 price objective on shares of Foresight Energy in a report on Friday, March 3rd. Zacks Investment Research cut shares of Foresight Energy from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $6.50 target price (down from $8.00) on shares of Foresight Energy in a report on Tuesday, May 16th.
Foresight Energy (NYSE:FELP) last posted its quarterly earnings data on Thursday, May 11th. The energy company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.11. The firm had revenue of $230.40 million for the quarter, compared to analyst estimates of $225.10 million. Foresight Energy had a negative return on equity of 272.74% and a negative net margin of 12.55%. The firm’s quarterly revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.33 earnings per share.
Foresight Energy Company Profile
Foresight Energy LP is engaged in the mining and marketing of coal from reserves and operations located in the Illinois Basin. As of December 31, 2016, the Company controlled 2.1 billion tons of coal in the state of Illinois. Its reserves consist principally of three contiguous blocks of uniform, thick, high heat content (high Btu) thermal coal, which are used for longwall operations.
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