Prices for natural gas, electricity and propane should be higher, the primary reason that more than 90% of homes will incur higher heating expenses.
Homes using natural gas for heat will pay about $679. That is about 13% higher than a year ago but still 4% below the average for the previous five winters. Homes relying on electricity for heat, about 38% of the U.S., will likely pay about 2% more for heat compared with last year.
For heating oil customers, there is good news and bad news in the Energy Department's annual outlook for heating costs. Their average bill should drop 2%, to $2,046. But that's still the second highest average on record, behind last year's $2,092.
Top Companies To Buy For 2015: Emerge Energy Services LP (EMES)
Emerge Energy Services LP, incorporated on April 27, 2012, owns, operates, acquires and develops a diversified portfolio of energy service assets. The Company operates in two segments: Sand segment, and Fuel Processing and Distribution segment. Sand segment consists of mining and processing frac sand, a component used in hydraulic fracturing of oil and natural gas wells. The Company�� frac sand facilities are located in New Auburn, Wisconsin, Barron County, Wisconsin and Kosse, Texas. Fuel Processing and Distribution segment consists of acquiring, processing and separating the transmix that results when multiple types of refined petroleum products are transported sequentially through a pipeline. The Company�� Fuel Processing and Distribution segment consists of its operations in the Dallas-Fort Worth metropolitan area and Birmingham, Alabama.
Sand Segment
The Company�� Wisconsin sand reserves at its New Auburn and Barron facilities provide the Company access to a range of sand that meets or exceeds all API specifications and includes a concentration of 16/30, 20/40 and 30/50 mesh sands. The Company�� New Auburn dry plant facility has a rated production capacity of 4,200 tons per day, or roughly 40 rail cars, and has on-site rail car loading facilities capable of loading up to approximately 10,000 tons of frac sand into rail cars per day. The Company also has 4.5 miles of existing rail track that connects its facility to the Union Pacific rail line and provides the Company with shipping access to all of the shale basins in the United States and Canada with direct access to areas of oil production in Texas, Oklahoma, Colorado and the western United States. The Company�� Barron facility consists of a sand mine and a wet plant on land. This facility has a rated production capacity of 8,800 tons per day, or roughly 80 rail cars, and has on-site rail car loading facilities capable of loading up to approximately 10,000 tons of frac sand into rail cars per day. The Company ! also mine frac sand at its facility in Kosse, Texas that is processed into a high-quality, 100 mesh frac sand, generally used in dry gas drilling applications.
Fuel Processing and Distribution Segment
The transmix industry consists of businesses that process and separate transportation mixture, which is the liquid interface, or fuel mixture, that forms when multiple types of petroleum products are transported sequentially through a pipeline. Pipeline operators send large batches of different fuel products (such as gasoline, diesel and jet fuel) through the same pipeline, in sequence, to receiving terminals. The Company�� Fuel Processing and Distribution segment consists of its facilities in the Dallas-Fort Worth metropolitan area and in Birmingham, Alabama, which are operated by Direct Fuels and AEC, respectively.
Advisors' Opinion:- [By Robert Rapier]
MLPs that specialize in sand for hydraulic fracturing, like�Hi-Crush Partners�(NYSE: HCLP) and�Emerge Energy Services�(NYSE: EMES), �have shown outstanding performance since their IPOs, but if there is any slowdown in business each could be in for a sharp correction.
- [By Aimee Duffy]
May�
We had two MLP IPOs in May. First up was Emerge Energy Services (NYSE: EMES ) , which hit the books on May 9, and is up 16% already. The partnership has a sand segment and a fuel processing and distribution segment, which engages primarily in the separation of transmix. - [By Matt Jarzemsky var popups = dojo.query(".socialByline .popC"); popups.forEach]
Through Friday, sand-mining company Emerge Energy Services LP(EMES) has rallied 462% since its debut on May 8, 2013, for the biggest share-price gain since its IPO among companies that went public last year, according to Dealogic.
Top 10 Diversified Bank Companies To Watch For 2014: Health Care REIT Inc (HCN)
Health Care REIT, Inc., incorporated on April 4, 1985, is a real estate investment trust (REIT). The Company�� portfolio has range of seniors housing and healthcare real estate, including seniors housing communities, skilled nursing/post-acute facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The Company operates in three segments: seniors housing triple-net, seniors housing operating and medical facilities. Its properties primarily consists of land, building, improvements and related rights. The Company�� hospitals and seniors housing triple-net properties are leased to operators under long-term operating leases. Its medical office building portfolio is primarily self-managed and consists principally of multi-tenant properties leased to health care providers. On January 9, 2013, the Company acquired Sunrise Senior Living, Inc. property portfolio, and the sale of the Sunrise management company. In October 2013, the Company announced the acquisition of the Willows at Hamburg from Health Care REIT, Inc.
Seniors Housing Triple-Net
The Company�� seniors housing triple-net properties include independent living facilities, continuing care retirement communities, assisted living facilities, Alzheimer��/dementia facilities, skilled nursing/post-acute facilities and combinations thereof. It invests primarily through acquisitions and development. Its properties are primarily leased to operators under long-term, triple-net master leases. Its properties include stand-alone facilities that provide one level of service, combination facilities that provide multiple levels of service, and communities or campuses that provide a range of services. Independent living facilities are age-restricted, multifamily properties with central dining facilities that provide residents access to meals and other services, such as housekeeping, linen service, transportation and social and recreational activities. Continuing care retirement comm! unities include a combination of detached homes, an independent living facility, an assisted living facility and/or a skilled nursing facility on one campus.
Assisted living facilities are state regulated rental properties that provide the same services as independent living facilities, but also provide supportive care from trained employees to residents who require assistance with activities of daily living, including, but not limited to, management of medications, bathing, dressing, toileting, ambulating and eating. Certain assisted living facilities may include state licensed settings that specialize in caring for those afflicted with Alzheimer�� disease and/or other types of dementia. Skilled nursing/post-acute facilities are licensed daily rate or rental properties where the majority of individuals require 24-hour nursing and/or medical care. All facilities offer some level of rehabilitation services. Some facilities focus on higher acuity patients and offer rehabilitation units specializing in cardiac, orthopedic, dialysis, neurological or pulmonary rehabilitation. The Company leases 177 facilities to Genesis HealthCare, LLC pursuant to a long-term, triple-net master lease.
Seniors Housing Operating
The Company has relationships with eight operators to own and operate 154 facilities (plus 39 facilities in an unconsolidated joint venture). In each instance, its partner provides management services to the properties pursuant to an incentive-based management contract.
Medical Facilities
The Company�� medical facilities include medical office buildings, hospitals and life science facilities. It leases its medical office buildings to multiple tenants and provides varying levels of property management. The Company�� hospital investments are structured similar to its seniors housing triple-net investments. The medical office building portfolio consists of health care related buildings that include physician offices, ambulatory surgery! centers,! diagnostic facilities, outpatient services and/or labs. Approximately 92% of its medical office building portfolio is affiliated with health systems by having buildings on hospital campuses or serving as satellite locations for the health system and their physicians.
The Company�� hospitals include acute care hospitals, inpatient rehabilitation hospitals, and long-term acute care hospitals. Acute care hospitals provide a range of inpatient and outpatient services, including, but not limited to, surgery, rehabilitation, therapy and clinical laboratories. Inpatient rehabilitation hospitals provide inpatient services for patients with intensive rehabilitation needs. Long-term acute care hospitals provide inpatient services for patients with complex medical conditions that require more intensive care, monitoring or emergency support than is available in most skilled nursing facilities. The life science portfolio consists of laboratory and office facilities designed and constructed for use by biotechnology and pharmaceutical companies.
Advisors' Opinion:- [By Dan Burrows]
But the TE stock slide does appear to have been arrested, thanks to the extended deep freezes that hit so much of the country during winter. Increased demand gave natural gas prices a pick up after languishing near historic lows for more than a year.
#8: Health Care REIT (HCN)HCN Dividend Yield: 5.42%
- [By Marc Bastow]
Senior housing and medical office buildings real estate investment trust Health Care REIT (HCN) raised its quarterly dividend 3.4% to 76.5 cents per share, payable on Nov. 20 to shareholders of record as of Nov. 12.
HCN Dividend Yield: 5.07%
Top 10 Diversified Bank Companies To Watch For 2014: SunCoke Energy Inc (SXC)
SunCoke Energy, Inc. (SunCoke), incorporated on December 8, 2010, is an independent producer of coke, a principal raw material in the integrated steelmaking process. The Company has United States cokemaking operations in Virginia, Indiana, Ohio and Illinois. Outside the United States, SunCoke has cokemaking operations in Vitoria, Brazil and Odisha, India. The Company�� coal mining operations, which have more than 110 million tons of proven and probable reserves, are located in Virginia and West Virginia. In January 2012, SunCoke Energy, Inc. was spun off from Sunoco, Inc.
The Company has designed, developed and built, and owned and operated five cokemaking facilities in the United States (U.S.) and designed and operate one cokemaking facility in Brazil under licensing and operating agreements on behalf of its customer. The cokemaking facility operated in Brazil has cokemaking capacity of approximately 1.7 million tons of coke per year. As of December 31, 2012, its mining area consisted of 13 active underground mines and two active surface and highwall mine in Russell and Buchanan Counties in Virginia and McDowell County, West Virginia. As of December 31, 2012, the Company�� coal mining production was 1.5 million ton.
As of December 31, 2012, the Company owned approximately 66 acres in Vansant (Buchanan County), Virginia, on which the Jewell coke making facility is located, along with an additional 2,550 acres. As of December 31, 2012, the Company owned approximately 250 acres in Russell County, Virginia owned by the HKCC Companies. As of December 31, 2012, the Company owned approximately 400 acres in Franklin Furnace (Scioto County), Ohio. As of December 31, 2012, the Company owned approximately 41 acres in Granite City (Madison County), Illinois, adjacent to the U.S. Steel Granite City Works facility. As of December 31, 2012, the Company owned approximately 250 acres in Middletown (Butler County), Ohio near AK Steel�� Middletown Works facility. The Company leas! ed approximately 88 acres of land located in East Chicago (Lake County), Indiana. As of December 31, 2012, the Company leased approximately 22 acres of land located in Buchanan County, Virginia The Company owns and operates coal mining operations in Virginia and West Virginia that sold approximately 1.3 million tons of metallurgical coal (including internal sales to its cokemaking operations) and 0.2 million tons of thermal coal in 2012. During the year ended December 31, 2012, 69% of the coal the Company sold was used at its Jewell cokemaking facility and 8% was used at its other domestic cokemaking facilities. In addition, through its Jewell coal affiliates and the HKCC Companies, the Company lease small parcels of land, mineral rights and coal mining rights for approximately 127 thousand acres of land in Buchanan and Russell Counties, Virginia and McDowell County, West Virginia.
Advisors' Opinion:- [By Ben Levisohn]
Each month, Credit Suisse’s small-cap strategists ask the firm’s analyst to name their favorite small- and mid-cap stocks. This month, six new stocks made the list: RPM International (RPM), SunCoke Energy (SXC), Zions Bancorp (ZION), Signature Bank (SBNY), Edwards Lifesciences (EW) and�Rexnord (RXN).
Top 10 Diversified Bank Companies To Watch For 2014: First Financial Corporation Indiana(THFF)
First Financial Corporation, through its subsidiaries, provides various financial services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings accounts, time deposits, and certificates of deposit. The company?s loan portfolio comprises commercial, financial, and agricultural loans; residential loans; and consumer loans. It also provides mortgage lending; lease financing; trust account and depositor services; and insurance services, such as property and casualty insurance, surety bonds, employee benefit plans, life insurance, and annuities. The company operates 54 branches in west-central Indiana and east-central Illinois. First Financial Corporation was founded in 1984 and is headquartered in Terre Haute, Indiana.
Advisors' Opinion:- [By Doug Hughes]
Doug Hughes: Sure, there is another one. The next one, the symbol would be (THFF). They're in Indiana, a very large bank. First Federal Financial Corporation. Again, their book value is $27.
- [By James E. Brumley]
What do Prospect Capital Corporation (NASDAQ:PSEC), Astec Industries, Inc. (NASDAQ:ASTE), and First Financial Corp. (NASDAQ:THFF) have in common? Not much, on the surface. In fact, were it not for something very specific to one particular person (me), they'd have nothing in common at all. This week though, THFF, ASTE, and PSEC all have at least one thing in common, and that's the fact that they're all going into my mental/hypothetical portfolio.
Top 10 Diversified Bank Companies To Watch For 2014: Trimble Navigation Limited(TRMB)
Trimble Navigation Limited provides positioning, wireless, and software technology solutions. The company?s Engineering and Construction segment offers site positioning systems, construction asset management services, software, and wireless and Internet-based site communications infrastructure solutions that improve productivity, accuracy, safety, and environmental impact in the entire construction process; and productivity solutions for the building construction sectors, as well as designs and markets handheld data collectors, productivity survey and mapping equipment, and data collection software for field use. Its Field Solutions segment provides guidance and positioning systems, automated application systems, and information management solutions to improve crop performance, profitability, and environmental quality; and handheld data collectors that gather information in the field. The company?s Mobile Solutions segment offers vehicle solutions, such as GPS receivers, business logic, sensor interfaces, and wireless modems; mobile worker solutions to automate service technician work in the field; and scheduling and dispatch solution, an enterprise software program to optimize scheduling and routing of field service technicians. Its Advanced Devices segment supplies global navigation satellite system modules (GNSS), licensing and complementary technologies, and GNSS-integrated sub-system solutions; supplies global positioning system receivers and embedded modules for aircraft navigation and timing applications; provides GPS-enabled cell phones for outdoor recreational activities; precision products that combine GNSS with inertial sensors; and ultra high frequency radio frequency identification reader modules, radio frequency identification readers, and design services. The company markets its products through dealers, distributors, and authorized representatives worldwide. Trimble Navigation Limited was founded in 1978 and is headquartered in Sunnyvale, California.
Advisors' Opinion:- [By Rich Smith]
Sunnyvale, Calif.-based Trimble (NASDAQ: TRMB ) needs a new CFO.
On Monday after close of trading, the maker of GPS products for industrial use announced that Chief Financial Officer Rajat Bahri has decided to take a job with a private equity firm, and will be leaving Trimble effective June 3.
- [By Lisa Levin]
Trimble Navigation (NASDAQ: TRMB) shares gained 17.44% to reach a new 52-week high of $33.50 after the company issued a strong Q4 outlook.
Digirad (NASDAQ: DRAD) shares created a new 52-week high of $3.989 on Q3 results.
- [By cody56]
The top contributors to performance during the period were Trimble Navigation (TRMB), Sensata Technologies�(ST) and Cadence Design Systems (CDS).
Trimble Navigation provides location-based solutions to its customers that enhance their productivity and profitability. The recovery in construction end markets and continued strong demand from the farm economy resulted in strong overall financial results for the company and a strong stock price. We trimmed the position as it began to exceed the upper end of the market cap range that we invest in. Sensata Technologies develops, manufactures and sells sensors and controls. We are attracted to the company�� large growth opportunity, which is driven by increased sensor penetration in industries such as automobiles and general industrial opportunities. We find Sensata�� business model to be attractive given the stability of its revenues, strong operating leverage and excellent management team. During the period, the company benefited from a rebound in European automobile sales and deployed capital in several small accretive acquisitions. We have been trimming the position modestly as the stock approaches our price target.Meridian Growth Fund performance
Top 10 Diversified Bank Companies To Watch For 2014: Helix Energy Solutions Group Inc (HLX)
Helix Energy Solutions Group, Inc.( Helix), incorporated on November 17,1983, is an international offshore energy company that provides specialty services to the offshore energy industry, with a focus on its growing well intervention and robotics operations. The Company had had two business segments: Contracting Services and Production Facilities. Its Contracting Services seek to provide services and methodologies which it believes are critical to developing offshore reservoirs and maximizing production economi regions. Its Production Facilities segment consists of its majority ownership of a dynamically positioned floating production vessel ( Helix Producer I or HP I). In June 2013, Helix Energy Solutions Group Inc closed the previously announced sale of its pipelay vessel, the Caesar, to Trevaskis Ltd.
In January 2012, it sold its oil and gas properties within the Main Pass area of the Gulf of Mexico. On September 26, 2012, the Company sold its pipelay vessel, Intrepid, to Stabbert Maritime Holdings, LLC. On February 6, 2013, it sold Energy Resource Technology GOM, Inc. (ERT), a former wholly-owned United States subsidiary that conducted its oil and gas operations in the Gulf of Mexico.
Contracting Services Operations
The Company provides services and methodologies which it believes are critical to developing offshore reservoirs and maximizing production economics. Its life of field services are segregated into four disciplines: well intervention, robotics, subsea construction and production facilities. It provides a full range of contracting services primarily in the Gulf of Mexico, North Sea, Asia Pacific and West Africa regions primarily in deepwater.
The Company's services include production, which includes inspection, repair and maintenance of production structures, trees, jumpers, risers, pipelines and subsea equipment, well intervention, life of field support and intervention engineering; reclamation and remediation services include pluggin! g and abandonment services, pipeline abandonment services and site inspections; installation of subsea pipelines, flowlines, control umbilicals, manifold assemblies and risers, pipelay and burial, installation and tie-in of riser and manifold assembly, commissioning, testing and inspection, and cable and umbilical lay and connection. It provides oil and natural gas processing services to oil and natural gas companies, primarily those operating in the deepwater of the Gulf of Mexico using its HP I vessel. The HP I is being utilized to process production from the Phoenix.
The Company engineers, manages and conducts well construction, intervention and asset retirement operations in water depths ranging from 200 to 10,000 feet. Three of its vessels serve as work platforms for well intervention services at costs that are typically significantly less than offshore drilling rigs. In the Gulf of Mexico, its multi-service semi-submersible vessel, the Q4000, has set a series of well intervention firsts in increasingly deeper water without the use of a traditional drilling rig. In August 2012, it acquired the Discoverer 534 drillship from a subsidiary of Transocean Ltd.
The Company operates remotely operated vehicles ( ROVs), trenchers and ROVDrills designed for offshore construction and well intervention services. As global marine construction support moves to deeper water. Its chartered vessels add value by supporting deployment of its ROVs. It provides its customers with vessel availability and schedule flexibility to meet the technological challenges of their subsea activities worldwide. Its robotics assets include 49 ROVs, four trencher systems and two ROVDrills. It operate in the Gulf of Mexico, North Sea, Asia Pacific and West Africa regions. It charters four vessels to support its robotics operations and it has engaged additional vessels on short-term (spot) charters as needed. In 2012, its robotics operations had 377 vessel utilization days and 16% of global revenues derived from! alternat! ive energy contracts. Subsea construction services include the use of umbilical lay and pipelay vessels and ROVs to develop fields in the deepwater.
The Company owns interests in two production facilities in hub locations where there is potential for subsea tieback activity. It has invested in two over-sized facilities that allow the operators of these fields to tie back without burdening the operator of the hub reservoir. It owns a 50% interest in Deepwater Gateway, which owns the Marco Polo TLP located in 4,300 feet of water in the Gulf of Mexico. It also owns a 20% interest in Independence Hub which owns the Independence Hub platform, a 105-foot deep draft, semi-submersible platform located in a water depth of 8,000 feet that serves as a regional hub for up to one billion cubic feet (Bcf) of natural gas production per day from multiple ultra-deepwater fields in the eastern Gulf of Mexico.
The Company competes with Oceaneering International, Inc., Saipem S.p.A., Fugro N.V., DOF ASA, Aker Solutions ASA, Subsea 7 S.A., Technip, McDermott International, Inc., Island Offshore and Edison Chouest Offshore Companies.
Advisors' Opinion:- [By David Smith]
Helix Energy Solutions Group (NYSE: HLX )
At $2.70 billion in market capitalization, Helix is equidistant between Flotek and Superior from a size perspective. The company operates through two segments: contracting services and production facilities. - [By GuruFocus]
Helix Energy Solutions Group Inc (HLX): PRESIDENT & CEO Owen E Kratz Bought 50,000 Shares PRESIDENT & CEO of Helix Energy Solutions Group Inc (HLX) Owen E Kratz bought 50,000 shares on 10/24/2013 at an average price of $24.03. Helix Energy Solutions Group Inc has a market cap of $2.54 billion; its shares were traded at around $24.03 with and P/S ratio of 2.96.
Top 10 Diversified Bank Companies To Watch For 2014: Ryman Hospitality Properties Inc (RHP)
Ryman Hospitality Properties, Inc. (Ryman), incorporated on June 21, 2012, is a real estate investment trust (REIT). The Company�� segments consist of Hospitality, which include its hotel properties and the results of hotel operations, and Opry and Attractions, which includes its Grand Ole Opry assets, WSM-AM and its Nashville attractions. During the year ended December 31, 2012, Ryman�� owned assets included a network of four upscale, meetings-focused resorts totaling 7,795 rooms that were managed by lodging operator Marriott International, Inc. (Marriott) under the Gaylord Hotels brand. These four resorts, Gaylord Hotels properties, consist of the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee (Gaylord Opryland), the Gaylord Palms Resort & Convention Center near Orlando, Florida (Gaylord Palms), the Gaylord Texan Resort & Convention Center near Dallas, Texas (Gaylord Texan) and the Gaylord National Resort & Convention Center near Washington D.C. (Gaylord National). Other owned assets managed by Marriott include Gaylord Springs Golf Links (Gaylord Springs), the Wildhorse Saloon, the General Jackson Showboat (General Jackson) and the Inn at Opryland, a 303-room overflow hotel adjacent to Gaylord Opryland. It also owns and operates a ranger of media and entertainment assets, including the Grand Ole Opry, the weekly showcase of country music�� performers for nearly 90 years; the Ryman Auditorium, the storied former home of the Grand Ole Opry located in downtown Nashville; and WSM-AM, the Opry�� radio home.
Gaylord Opryland Resort and Convention Center - Nashville, Tennessee
Gaylord Opryland is a convention destinations in the United States based upon number of rooms, exhibit space and conventions held. Designed with gardens and expansive atrium areas, the resort is situated on approximately 172 acres in the Opryland complex. As of Gaylord Opryland has a range of themed restaurants, retail outlets, and a full-service spa with 27,000 square feet of sp! ace and 12 treatment rooms. It also serves as a destination resort for vacationers due to its proximity to the Grand Ole Opry, the General Jackson Showboat, the Gaylord Springs Golf Links (Gaylord�� 18-hole championship golf course), and other attractions in the Nashville area. Gaylord Opryland has 2,882 signature guest rooms, four ballrooms with approximately 127,000 square feet, 111 banquet/meeting rooms, and total meeting, exhibit and pre-function space of approximately 640,000 square feet.
Gaylord Palms Resort and Convention Center - Kissimmee, Florida
During 2012, Gaylord Palms had 1,406 signature guest rooms, three ballrooms with approximately 76,000 square feet, 76 banquet/meeting rooms, and total meeting, exhibit and pre-function space of approximately 400,000 square feet. The resort is situated on a 65-acre site in Osceola County, Florida. Gaylord Palms has a range of themed restaurants, retail outlets and a full-service spa, with 20,000 square feet of dedicated space and 25 treatment rooms. It also has a resort pool and a 2-story sports bar complex opened at Gaylord Palms. Hotel guests also have golf privileges at Falcon�� Fire Golf Club.
Gaylord Texan Resort and Convention Center - Grapevine, Texas
Gaylord Texan is situated on approximately 85 acres and is located approximately six minutes from the Dallas/Fort Worth International Airport. The hotel features an expansive atrium, 1,511 signature guest rooms, three ballrooms with approximately 85,000 square feet, 70 banquet/meeting rooms, and total meeting, exhibit and pre-function space of approximately 400,000 square feet. The property also includes a range of themed restaurants, retail outlets and a full-service spa with 25,000 square feet of dedicated space and 12 treatment rooms. Guests also have access to the adjacent Cowboys Golf Club. The Company has Glass Cactus entertainment complex, an approximately 39,000 square feet venue with a performance stage, dance floor, and a two-story! outdoor ! deck, on land we own adjacent to the hotel.
Gaylord National Resort and Convention Center - National Harbor, Maryland
Gaylord National is situated on approximately 42 acres of land located on the Potomac River in Prince George�� County, Maryland, eight miles south of Washington. During 2012, the hotel had 1,996 signature guest rooms, four ballrooms with approximately 103,000 square feet, 82 conference and breakout rooms, and total meeting, exhibit and pre-function space of approximately 470,000 square feet. The hotel complex includes an 18-story glass atrium, a 20,000 square foot spa and fitness center with 12 treatment rooms, and entertainment options, such as restaurants, shops, and a two-story rooftop nightclub.
Inn at Opryland
The Company also owns the Inn at Opryland, which is located across the street from Gaylord Opryland. During 2012, the hotel had 303 rooms and approximately 14,000 square feet of meeting space.
The Grand Ole Opry
The Grand Ole Opry is a platform for country music. The Opry features a live country music show with performances every Friday and Saturday night, as well as additional weekly performances on a seasonal basis. The Opry House, home of the Grand Ole Opry, seats approximately 4,400 and is located in the Opryland complex. Each week, the Grand Ole Opry is broadcast live to millions of country lifestyle consumers on radio via WSM-AM and Sirius/XM Radio and streamed on the Internet. Special episodes of the Grand Ole Opry are also broadcast on television via the Great American Country network. The show has been broadcast since 1925 on WSM-AM, making it the longest running live radio program in the United States. In addition to performances by its members, the Grand Ole Opry presents performances by many other country music artists.
Ryman Auditorium
The Ryman Auditorium is designated as a National Historic Landmark. The former home of the Grand Ole Opry, the Ryman Auditor! ium re-op! ened for concerts and musical productions.
The General Jackson Showboat
The Company owns the General Jackson Showboat, a 300-foot, four-deck paddle wheel showboat, on the Cumberland River, which flows past the Gaylord Opryland complex in Nashville. Its Victorian Theatre can seat 600 people for banquets and 1,000 people for theater-style presentations. The showboat stages Broadway-style shows and other theatrical productions. The General Jackson is one of many sources of entertainment that is available to conventions held at Gaylord Opryland. During the day, it operates cruises, primarily serving tourists visiting the Gaylord Opryland complex and the Nashville area.
Gaylord Springs
Gaylord Springs consists of 40,000 square-foot antebellum-style clubhouse offers meeting space for up to 500 guests. Marriott assumed the management of the day-to-day operations of Gaylord Springs.
The Wildhorse Saloon
The Company has owned the Wildhorse Saloon, a country music performance venue on Second Avenue in downtown Nashville. The three-story facility includes a dance floor of approximately 2,000 square feet, as well as a restaurant and banquet facility that can accommodate up to 2,000 guests.
WSM-AM
WSM-AM is broadcast from the Gaylord Opryland complex in Nashville and has a country music format. WSM-AM station�� signal transmits 50,000 watt transmitter.
Advisors' Opinion:- [By Jim Royal]
The latest buy for my Special Situations portfolio is Ryman Hospitality (NYSE: RHP ) . The company operates four of the top 10 largest convention hotels in the U.S., and it converted to a REIT late last year, making it more likely to trade for a higher multiple. In March, I bought $2,000 of the stock, and it has since done little but go down. But Ryman is a solid company with premier properties that deserves to trade at a premium to peers, rather than a steep discount. So I'm adding another $1,000 to my position.
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