Five top NYSE performers to watch: AMR, BPT, PBT, BORR & LXU

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Five top NYSE performers to watch: AMR, BPT, PBT, BORR & LXU

 Five top NYSE performers to watch: AMR, BPT, PBT, BORR & LXU
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Highlights: 

  • Coal miner Alpha Metallurgical (NYSE: AMR) pays an annual dividend of US$1.50. 
  • BP Prudhoe Bay Royalty Trust (NYSE: BPT) stock rose 225.08% in one year.
  • Permian Basin Royalty Trust (NYSE: PBT) pays an annualized dividend of US$1.10. 

The NYSE Composite Index (NYA) fell around 14% in a year. Many large-cap companies, mainly the once best-performing technology stocks, bore the brunt of high inflation and macroeconomic and geopolitical factors. On Wednesday, Federal Reserve Chairman Jerome Powell warned that higher interest rates to tame inflation could trigger a recession.  

Here we discuss the five best-performing NYSE-listed stocks over the past year.

Alpha Metallurgical Resources, Inc. (NYSE: AMR)

Price rise in one year: 485.19%

Bristol, Tennessee-based Alpha Metallurgical Resources Inc. is a coal mining company. It met and thermal coal to steel and coke producers, electric utilities, and industrial customers.

Its portfolio comprises underground and surface mines and coal preparation plants. It mainly operates in Virginia.

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For the quarter ended March 31, 2022, it reported revenue of US$1.07 billion compared to US$0.386 billion in the same quarter in the previous year. 

Its net income was US$400.9 million, or US$20.52 per diluted share, against a net loss of US$32.9 million, or US$1.78 per diluted share, in the March quarter of 2021. 

The stock has a market capitalization of US$2.46 billion. Its P/E ratio is 3.52, and the forward P/E for one year is 1.62. 

Its dividend yield is 1.04%, with an annualized dividend of US$1.50. AMR stock traded in the range of US$186.98 to US$21.28 in the last 52 weeks and closed at US$137.11 on June 22, 2022. 

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BP Prudhoe Bay Royalty Trust (NYSE: BPT)

Price rise in one year: 225.08%

BP Prudhoe Bay Royalty Trust is a grantor trust based in Houston, Texas. Its assets comprise overriding royalty interest that entitles it to receive a royalty from crude oil and condensate from BP Exploration (Alaska) Inc., which operates in the Prudhoe Bay oil field.

For the three months ended March 31, 2021, its royalty revenue was US$12.8 million, and distributable cash earnings were US$12.4 million, or US$0.5812 per unit. In the same quarter of 2021, it reported a cash loss of US$76,000. Its total outstanding units are 21,400,000.

The stock has a market capitalization of US$411 million. Its dividend yield is 19.38%, with an annualized dividend of US$4.35. It traded in the range of US$26.08 to US$2.92 in one year and closed at US$20.61 on June 22, 2022. 

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Permian Basin Royalty Trust (NYSE: PBT)

Price rise in one year: 236.48%

Dallas, Texas-based Permian Basin Royalty Trust is an express trust. Its underlying properties hold mineral and royalty interests in oil fields, such as Yates, East Texas, Kelly-Snyder, Wasson, Sand Hills, McElroy, and Howard-Glasscock. 

For the quarter ended March 31, 2022, it received a royalty income of US$4,08 billion compared to US$2.12 million in the first quarter of 2021. The interest income came in at US$1,233 compared to US$1,313 in Q1, 2021.

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The stock has a market capitalization of US$787.7 million. 

Its dividend yield is 2.15%, with an annualized dividend of US$1.10. The PBT stock traded in the range of US$23.08 to US$4.64 in the last 52 weeks. 

The stock closed at US$18.71 on June 22, 2022. 

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LSB Industries, Inc. (NYSE: LXU)

Price rise in one year: 221.20%

LSB Industries Inc manufactures chemical products in the US. This Oklahoma-based company sells its products to agricultural, industrial, and mining markets. Its products include ammonia, fertilizer grade AN and UAN, sulfuric acids, nitric acid, carbon dioxide, diesel exhaust fluid, etc.

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The company reported a net sale of US$198.9 million for the quarter ended March 31, 2022, compared to US$98.11 million in the previous year’s quarter.

 Its net income was US$58.8 million or US$0.65 per share diluted, against a net loss of US$23.37 million or US$0.63 per diluted share in the March quarter of 2021.

The stock has a market capitalization of US$1.18 billion. The stock traded in the range of US$27.45 to US$3.59 in the last 52 weeks and closed at US$15.22 on June 22, 2022. 

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Also Read: Is technology sector's decade-long market dominance fading?

Borr Drilling Limited (NYSE: BORR)  

Price rise in one year: 220.81%

Borr Drilling Ltd is a drilling contractor based in Hamilton, Bermuda. It owns and operates jack-up rigs and provides drilling services for oil and gas exploration.

As per the preliminary results for the first quarter of 2022 announced on May 31, the company reported operating revenue of US$82.0 million, a 19% increase YoY. 

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Its net loss was US$51.3 million, an increase of US$5.2 million, from a loss in Q4, 2021.

The stock has a market capitalization of US$829.5 million. The BORR stock traded in the range of US$6.96 to US$1.12 in one year and closed at US$5.55 on June 22, 2022. 

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Bottom line:

The stock market has been highly volatile in recent weeks. S&P 500 recently entered the bear territory after steep losses. Investors should carefully analyze the companies before investing in the stock market.

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