Sabrepoint Capital Sees Value In An Under The Radar Stock, Contura Energy

George Baxter’s Sabrepoint Capital likes the look of Contura Energy according to the firm’s presentation given at a conferene at the end of last month.  Contura Energy was born about of the reorganization Alpha Natural Resources. It is a collection of the best assets from Alpha with minimal leverage and a significant potential upside.

Sabrepoint Capital Management is a value oriented hedge fund based in Dallas, Texas

Sabrepoint Capital: Long Contura Energy

Contura is a traditional under the radar value stock. Because the company is young and has a limited financial history, it does not appear on simple value screens. Investors have to do the legwork and use company disclosures, bankruptcy documents, and government data to track the firm’s performance....