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Alerian MLP ETF: The Dividend Increase Reaffirms Its High Yield
Seeking Alpha· 2025-06-18 19:30
I have covered AMLP before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, Liberation Day caused the ETF to tumble; however, the underlying companies have continued their steady operations and the ETF announcedWith a professional background spanning multiple industries, from logistics, construction to retail, I bring a diverse perspective to investing. Originally from Central America, I pursued my graduate studies there before studying a m ...
3 Oil & Gas Pipeline MLP Stocks to Gain Despite Industry Gloom
ZACKS· 2025-05-22 14:36
Although the midstream energy sector is less vulnerable to oil and gas prices, the outlook for the Zacks Oil and Gas - Pipeline MLP industry remains uncertain. Conservatism in capital expenditures by upstream companies could lower the utilization of midstream assets. Additionally, a significant debt burden continues to hinder the ability of midstream energy companies to fund new projects and weather economic downturns.Despite the challenges, pipeline players are in a stronger position than upstream and down ...
Maui Land & Pineapple pany(MLP) - 2025 Q1 - Quarterly Results
2025-05-15 20:50
Exhibit 99.1 Maui Land & Pineapple Company, Inc. Reports Fiscal First Quarter 2025 Results and Announces New Scalable Agri-Business Venture KAPALUA, Hawai'i / May 15, 2025 (BusinessWire) – Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updat ...
Maui Land & Pineapple Company, Inc. Reports Fiscal First Quarter 2025 Results and Announces New Scalable Agri-Business Venture
Globenewswire· 2025-05-15 20:48
KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 ...
Maui Land & Pineapple pany(MLP) - 2025 Q1 - Quarterly Report
2025-05-15 20:45
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR (808) 877-3351 (Registrant's telephone number, including area code) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-06510 MAUI LAND & PINEAPPLE COMPANY, INC. ...
Millennial Potash Welcomes the Election of President Brice Oligui Nguema
Newsfile· 2025-04-15 12:00
Millennial Potash Welcomes the Election of President Brice Oligui Nguema April 15, 2025 8:00 AM EDT | Source: Millennial Potash Corp. West Vancouver, British Columbia--(Newsfile Corp. - April 15, 2025) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: XOD) ("MLP", "Millennial" or the "Company") is delighted to announce the election of President Brice Oligui Nguema by the Gabonese Republic in a landmark election held on April 12, 2025, by capturing 90.35% of the vote. This election saw an impressive ...
Bargain Yields: 3 Rock-Solid Dividends From 2 REITs And An MLP
Seeking Alpha· 2025-04-10 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Essentially, it started on Monday, when a steep decline at the market's opening was followed by a massive spike. While that spike was based on the fake news of a 90-day tariffAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies ...
Alerian MLP Is A Great Option For A Lazy Investor (Rating Upgrade)
Seeking Alpha· 2025-04-07 21:30
Group 1 - The Retirement Forum offers actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks to help maximize capital and income [1] - Alerian MLP ETF (AMLP) is an energy infrastructure MLP fund valued at nearly $9 billion and has outperformed the market by double digits since the last article [2] - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy, which includes analyzing 10Ks, analyst commentary, market reports, and investor presentations [2] Group 2 - The analyst has a beneficial long position in AMLP through stock ownership, options, or other derivatives [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations [4]
Millennial Potash Initiates Phase 2 Drilling Program at Its Banio Potash Project in Gabon
Newsfile· 2025-04-01 12:00
Core Viewpoint - Millennial Potash Corp. has initiated its Phase 2 drilling program at the Banio Potash Project in Gabon, aiming to enhance potash resources and prepare for a feasibility study [1][2]. Drilling Program Details - The Phase 2 program includes two potash-specific drill holes totaling approximately 1,100 meters, extending historic hole BA-001 by about 400 meters and drilling a new hole BA-004 to a planned depth of 700 meters [1][2]. - Hole BA-001 was previously drilled to a depth of 364 meters in 2017 and will now be extended to evaluate deeper potash horizons [2][3]. - Hole BA-004 is located approximately 4 kilometers east of BA-001 and is designed to assess the lateral extent of potash horizons in an untested area supported by seismic surveys [3]. Objectives and Expected Outcomes - The objectives of the Phase 2 program are to evaluate the presence of potash-rich horizons at depth and laterally, which may extend the known mineralization strike length to 8,000 meters [4]. - Current Indicated Mineral Resource Estimate (MRE) stands at 657 million tonnes grading 15.9% KCl, while Inferred MRE is at 1.159 billion tonnes grading 16% KCl [4]. - The drilling data may allow for upgrading some resources from Indicated to Measured status and potentially shift Inferred material to Indicated status [4]. Financial Position - Millennial Potash has recently closed a financing round of $4.9 million, ensuring adequate funding for the second drill program and a revised 43-101 resource estimate report [2][4]. Timeline - The Phase 2 drill program is expected to be completed in Q2 2025, followed by a revised Mineral Resource Estimate also planned for completion in Q2 2025 [5].
Maui Land & Pineapple pany(MLP) - 2024 Q4 - Annual Report
2025-03-31 21:12
Financial Performance - Operating revenues for the year ended December 31, 2024, increased to $11.565 million from $9.289 million in 2023, representing a growth of approximately 24.5%[121] - The net loss for the year ended December 31, 2024, was $7.391 million, compared to a net loss of $3.080 million in 2023, indicating a worsening financial position[121] - Leasing revenues for the year ended December 31, 2024, were $9.621 million, up from $8.461 million in 2023, reflecting an increase of approximately 13.7%[126] - Revenue from percentage rents and land licensing in 2024 was $2.3 million, up from $2.2 million in 2023, reflecting a $0.1 million increase[128] - Operating revenues for the Resort Amenities segment decreased to $828,000 in 2024 from $1.424 million in 2023, resulting in an operating loss of $704,000[131] - Investment income from the money market and bond portfolio was approximately $0.3 million in 2024, down from $0.5 million in 2023[135] - Cash on hand increased to $6.8 million in 2024 from $5.7 million in 2023, indicating improved liquidity[140] - The company had $12.0 million available under a revolving credit facility as of December 31, 2024, down from $15.0 million in 2023[142] - Net cash flow from operating activities was $0.4 million in 2024, compared to a negative $1.4 million in 2023[144] Property and Leasing - The occupancy rate of commercial properties improved from 72% to 86% during 2024, contributing to an increase in leasing revenue[112] - The total leased area for commercial real estate increased by 12,098 square feet in 2024, with a total occupancy of 86%[112] - The company identified and addressed critical deferred maintenance in town centers, which has enhanced occupancy and leasing revenue over the past year[112] - The company anticipates cash flow from commercial properties to increase as the Maui market recovers from the 2023 wildfires[112] - The company anticipates that percentage rents will return to pre-wildfire levels by 2025 to 2026 as tourist traffic increases[128] Development and Projects - The company completed strategic plans across all 22,300 acres of land to prioritize actions for future development[113] - Approximately $35.5 million is expected to be funded by the State of Hawai'i for the necessary horizontal improvements for the Honokeana Homes Temporary Housing Project[118] - Approximately 1,000 acres of unimproved land has been leased to Ka Ike Ranch for diversified agricultural use, supporting local food production[119] - Land development costs budgeted for 2025 are $6.0 million, aimed at various projects totaling approximately 7,900 acres[147] - Maintenance and capital improvements budgeted at $0.6 million for commercial assets and $2.8 million for water assets and infrastructure[149] Accounting and Taxation - Management calculates income tax provisions and deferred tax assets, with valuation allowances applied to tax credits that are unlikely to be realized[158] - The results of operations could be affected by significant litigation or contingencies, with accruals recorded when liabilities are probable and estimable[158] - The construction contract for the Honokeana Homes Temporary Housing Project follows the cost to cost accounting method, recognizing revenues and expenses based on actual costs incurred[158] - Project billings in excess of recognized revenues are recorded as deferred revenue, while costs recognized in excess of billings are recorded as deferred expenses[158] Equity and Compensation - The company recorded a return of equity of approximately $0.6 million from the BRE2 LLC joint venture in 2024, following a ranch lot sale for $1.8 million[135] - Stock options were issued to the Chairperson of the Board, members of the Board, and the Chief Executive Officer, with valuation expenses recognized over the duration of the exercisable period[158]