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Energy Transfer Set to Post Q1 Earnings: Buy, Sell or Hold the Stock?
ZACKS· 2025-05-05 18:05
Core Viewpoint - Energy Transfer LP (ET) is anticipated to show improvements in both revenue and earnings for the first quarter of 2025, with a revenue estimate of $23.37 billion, reflecting an 8.07% increase year-over-year, and earnings estimated at 33 cents per unit, indicating a 3.13% increase from the previous year [1][2]. Earnings Estimates - The Zacks Consensus Estimate for ET's first-quarter earnings is 33 cents per unit, with a year-over-year growth estimate of 3.13% [2]. - For the current quarter (March 2025), the consensus estimate is 0.33, while the next quarter (June 2025) is estimated at 0.30. The current year (December 2025) is projected at 1.40, and the next year (December 2026) at 1.41 [3]. Surprise History - Energy Transfer has missed the Zacks Consensus Estimate for earnings in three of the last four quarters, resulting in an average negative surprise of 8.33% [4][5]. Earnings Prediction - The model predicts a likely earnings beat for Energy Transfer, supported by a positive Earnings ESP of +1.54% and a Zacks Rank of 3 (Hold) [6][8]. Factors Influencing Q1 Earnings - The company is expanding its clean power generation capacity, having brought online the first of eight planned 10-megawatt natural gas-fired power plants, which is expected to positively impact earnings [8]. - ET is increasing its liquid transportation and processing capacity, completing significant expansions in the Permian Basin and constructing a new crude oil pipeline, which is likely to enhance first-quarter earnings [9]. - Strong export volumes of liquefied petroleum gas to over 55 countries, with a capacity to export nearly 1.1 million barrels per day, are expected to contribute positively to performance [10]. - Fee-based contracts are projected to generate nearly 90% of the company's earnings, ensuring a consistent revenue stream [11]. Valuation Metrics - Energy Transfer units are trading at a trailing 12-month EV/EBITDA of 10.14X, below the industry average of 11.45X, indicating relative undervaluation [12]. Stock Performance - ET's units have gained 3.4% in the past month, outperforming the Zacks Oil and Gas Production Pipeline – MLB industry's rally of 3.2% [15]. Investment Thesis - Energy Transfer operates a vast network of over 130,000 miles of pipelines across 44 states, positioning the company to benefit from rising U.S. production of oil and gas [18]. - Continued investment in expanding pipeline and processing capacity is expected to reinforce its leadership in the midstream industry, supported by strong LNG export capabilities and growing domestic demand [19][20].
3 High-Yield Midstream Stocks to Buy to Create Years of Passive Income
The Motley Fool· 2025-05-05 13:15
The energy midstream sector has been a great spot for investors to go if they want to make some passive income. Many companies in this sector produce very stable cash flow as oil and gas flow through their pipelines and related midstream assets. That gives them money to pay lucrative dividends and invest in growing their businesses.Enbridge (ENB 0.82%), Enterprise Products Partners (EPD 1.79%), and Kinder Morgan (KMI -0.97%) are among the top options, according to a few Fool.com contributors, for those seek ...
How To Earn $500 A Month From Williams Companies Stock Ahead Of Q1 Earnings
Benzinga· 2025-05-05 12:40
Earnings Report - The Williams Companies, Inc. is set to release its first-quarter earnings results on May 5, with analysts expecting earnings of 55 cents per share, a decrease from 59 cents per share in the same period last year [1] - The company is projected to report quarterly revenue of $2.94 billion, an increase from $2.77 billion a year earlier [1] Dividend Information - Williams has raised its quarterly dividend by 5.3% to 50 cents per share, resulting in an annual dividend yield of 3.33% [1][2] - To achieve a monthly income of $500 from dividends, an investment of approximately $180,000 or around 3,000 shares is required, while a more modest $100 per month would need an investment of $36,000 or about 600 shares [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, with examples illustrating how changes in stock price affect the yield [3] - An increase in the dividend payment will raise the yield if the stock price remains constant, while a decrease in the dividend will lower the yield [4] Stock Performance - Shares of Williams gained 2% to close at $60.00 on the previous Friday [4]
LOEWS CORPORATION REPORTS NET INCOME OF $370 MILLION FOR THE FIRST QUARTER OF 2025
Prnewswire· 2025-05-05 10:00
5.1 MILLION COMMON SHARES REPURCHASED IN 2025 FOR $429 MILLIONNEW YORK, May 5, 2025 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its first quarter 2025 financial results.First Quarter 2025 highlights: Loews Corporation reported net income of $370 million, or $1.74 per share, in the first quarter of 2025, compared to $457 million, or $2.05 per share, in the first quarter of 2024. The following are key highlights of our first quarter results: CNA Financial Corporation's (NYSE: CNA) net income at ...
5 Top Stocks to Buy in May
The Motley Fool· 2025-05-04 09:45
Group 1: Walmart - Walmart's stock has outperformed the market over the past year, with a 5% revenue increase and a 3% rise in store traffic in fiscal Q4, building on a previous year's 4% boost [4][5] - E-commerce sales increased by 16%, and digital advertising grew by 24%, showcasing Walmart's technological advancements and investments in AI for efficiency [4][5] - Operating profit rose by 8%, leading to a 13% increase in the annual dividend for 2025, marking the largest hike in over a decade [5][6] Group 2: Micron Technology - Micron Technology is positioned strongly in the AI hardware market, being the only provider of low-power memory chips for data centers, which is crucial for large computing systems [7][9] - The company is trading over 50% below its all-time highs, with a modest valuation of 7 times forward earnings estimates, presenting a potential buying opportunity [10] - CEO Sanjay Mehrotra stated that Micron is in its best competitive position in history, with its products firmly integrated into high-value customer roadmaps [10] Group 3: Starbucks - Starbucks reported a 2% increase in consolidated revenue but missed earnings estimates, with non-GAAP EPS down 40% and operating margins at 8.2% [11][12] - The company faces challenges in consumer spending and performance in China, but management remains optimistic about long-term strategies focused on employee investment and customer experience [12][15] - Despite current struggles, Starbucks has a dividend yield of 3% and a history of 14 consecutive years of dividend increases, making it attractive for patient investors [16] Group 4: NextEra Energy - NextEra Energy operates Florida Power & Light, the largest utility in the U.S., and is a leader in renewable energy, with a 9% growth in adjusted EPS reported for Q1 [18][19] - The company plans to invest $8 billion to $8.8 billion in FPL this year and aims for a renewables generation and storage capacity of 70 GW by the end of 2027 [19][20] - NextEra Energy expects adjusted EPS growth of 6% to 8% through 2027 and a dividend growth of around 10%, with a current yield of 3.4% [20] Group 5: Enbridge - Enbridge's shares have increased nearly 10% year-to-date, building on an 18% rise in 2024, attributed to the stability of its business model [21][22] - The company has met or exceeded financial guidance for 19 consecutive years, providing predictable cash flows despite market volatility [22] - Enbridge anticipates a 7% to 9% increase in adjusted EBITDA through 2026, supported by growth drivers such as toll escalators and contributions from its natural gas utilities [24][25]
Enbridge (ENB) Reports Next Week: What You Should Expect
ZACKS· 2025-05-02 15:06
Core Viewpoint - Wall Street anticipates flat earnings for Enbridge in the upcoming quarter, with a consensus EPS estimate of $0.68 per share, unchanged from the previous year, while revenues are expected to rise by 16.4% to $9.53 billion [3][11]. Earnings Report Expectations - The earnings report is scheduled for May 9, 2025, and could influence stock movement depending on whether the actual results exceed or fall short of expectations [2][3]. - A positive earnings surprise could lead to a stock price increase, while a miss may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.8% over the last 30 days, indicating a bearish sentiment among analysts regarding Enbridge's earnings prospects [4][11]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.46%, complicating predictions for an earnings beat [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [8]. - Enbridge currently holds a Zacks Rank of 3 (Hold), which, combined with the negative Earnings ESP, makes it challenging to predict a positive earnings outcome [11]. Historical Performance - In the last reported quarter, Enbridge had an earnings surprise of +1.92%, with actual earnings of $0.53 per share against an expected $0.52 [12]. - Over the past four quarters, Enbridge has surpassed consensus EPS estimates twice [13]. Industry Comparison - Pembina Pipeline, another player in the oil and gas sector, is expected to report earnings of $0.57 per share, reflecting a year-over-year increase of 5.6%, with revenues projected to rise by 39.8% to $1.6 billion [17]. - Pembina's consensus EPS estimate has been revised up by 1% in the last 30 days, and it has a positive Earnings ESP of 2.93%, indicating a higher likelihood of beating the consensus estimate [18].
MPLX Set to Report Q1 Earnings: Here's What You Need to Know
ZACKS· 2025-05-02 14:40
MPLX LP (MPLX) is set to report first-quarter 2025 results on May 6, before the opening bell.In the last reported quarter, its adjusted earnings of $1.07 per unit beat the Zacks Consensus Estimate of $1.04, primarily due to higher throughputs and increased contributions from the partnership’s newly acquired assets in the Utica and Permian Basins.MPLX’s earnings beat the Zacks Consensus Estimate twice in the trailing four quarters and missed twice, with the average surprise being 3.6%. This is depicted in th ...
TXO Partners LP (TXO) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-02 00:25
TXO Partners LP (TXO) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced earnings of $0.26, delivering a surprise of -33.33%.Over the last four quarters, the company ...
TC Energy reports solid first quarter 2025 results
Globenewswire· 2025-05-01 10:30
Expect to place approximately $8.5 billion of projects into service in 2025, tracking to roughly 15 per cent under budget Announced $2.4 billion of new natural gas and nuclear power generation growth projects CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, "As natural gas and electricity are forecasted to drive the major ...
ONEOK Q1 Earnings Lag Estimates, Revenues Increase Year Over Year
ZACKS· 2025-04-30 15:11
ONEOK Inc. (OKE) reported first-quarter 2025 operating earnings per share (EPS) of $1.04, which missed the Zacks Consensus Estimate of $1.23 by 15.4%. The bottom line also declined 4.6% from the year-ago quarter’s figure of $1.09. (See the Zacks Earnings Calendar to stay ahead of market-making news.)OKE’s Total RevenuesOperating revenues for the quarter totaled $8.04 billion, which surpassed the Zacks Consensus Estimate of $7 billion by 14.9%. The top line also improved 68.2% from $4.78 billion in the prior ...