Can These 3 Stocks Be Resurrected?: Heckmann Corporation (HEK) and More

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While low prices have been the bane of the gas industry for sometime, it has spurred a lot more industries such as utilities to switch over to gas from coal. Last year Heckmann doubled down on the industry’s drilling prospects by acquiring Power Fuels, a fluid services specialist focused solely on the Bakken shale, which broadens its presence in the fracking field.

Undoubtedly the pricing situation has an impact on results today, but the long-term outlook for gas remains as robust as ever, and that’s the bet Heckmann is making. Downgrades like those yesterday can hurt, but investors may want to thank the analyst later on for giving them a better entry point in what I’m betting will be a big winner down the road.

Declined due to inactivity
There was no company-specific news to account for The Active Network’s drop yesterday, but it will be reporting earnings this week — Valentine’s Day, as a matter of fact — and so far it’s not showing investors any love. The stock has lost almost two-thirds of its value over the past year and is down more than 70% from its highs.

Following yesterday’s freefall, The Active Network resumed its decline today, down another 3%, perhaps due in part to a Seeking Alpha article that excoriates the business as one facing “structural insolvency” and not worth more than $2 a share. If the analysis is correct, investors may soon find The Active Network to be an inactive stock, but let me know in the comments section below whether you agree with that analysis or why you think it can restore its growth prospects.

The article Can These 3 Stocks Be Resurrected? originally appeared on Fool.com and is written by Rich Duprey.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends The Active Network. The Motley Fool owns shares of Heckmann and has the following options: Long Jan 2014 $4 Calls on Heckmann and Short Jan 2014 $3 Puts on Heckmann.

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