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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 ...
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 ...
Expro Group Holdings (XPRO) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-30 13:20
Core Viewpoint - Expro Group Holdings (XPRO) reported quarterly earnings of $0.25 per share, significantly exceeding the Zacks Consensus Estimate of $0.10 per share, marking a 150% earnings surprise [1] - The company also posted revenues of $390.87 million for the quarter, surpassing the Zacks Consensus Estimate by 4.74% and showing an increase from $383.49 million year-over-year [2] Financial Performance - The earnings of $0.25 per share represent an increase from $0.09 per share a year ago [1] - Over the last four quarters, Expro Group Holdings has surpassed consensus EPS estimates two times and topped revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.27, with projected revenues of $437.42 million, and for the current fiscal year, the EPS estimate is $1 on revenues of $1.72 billion [7] Market Position - Expro Group Holdings shares have declined approximately 35.5% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] - The Zacks Industry Rank for Oil and Gas - Production and Pipelines is currently in the top 15% of over 250 Zacks industries, indicating a favorable industry outlook [8] Future Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The estimate revisions trend for Expro Group Holdings is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]
DT Midstream(DTM) - 2025 Q1 - Earnings Call Presentation
2025-04-30 11:35
First Quarter 2025 Earnings Call April 30, 2025 Bluestone Gathering Lateral Pipeline NYSE: DTM Safe Harbor Statement 2 New slide First Quarter 2025 Accomplishments Strong financial performance Acquisition performing well and integration progressing as planned Progressing commercial opportunities and executing on construction projects This presentation contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities l ...
MPLX LP (MPLX) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-04-29 23:20
MPLX LP (MPLX) closed the most recent trading day at $52.07, moving -0.69% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.75%, while the tech-heavy Nasdaq appreciated by 0.55%.Coming into today, shares of the company had lost 2.04% in the past month. In that same time, the Oils-Energy sector lost 8.92%, while the S&P 500 lost 0.84%.The investment community will be paying close attention to the earnings performance ...
Williams to Report Q1 Earnings: What Surprise Awaits Investors?
ZACKS· 2025-04-29 13:56
Core Viewpoint - The Williams Companies, Inc. (WMB) is expected to report first-quarter 2025 results on May 5, with a consensus estimate of $0.57 earnings per share and $3.1 billion in revenues, indicating a year-over-year revenue increase of 13.4% despite a projected earnings decline of 3.4% [1][3]. Group 1: Previous Quarter Performance - In the fourth quarter, Williams reported adjusted earnings per share of $0.47, surpassing the consensus estimate of $0.45, while revenues of $2.7 billion fell short of the $2.9 billion consensus due to weakness in the Gas & NGL Marketing Services unit [2]. - The company has consistently beaten earnings estimates over the last four quarters, achieving an average earnings surprise of 9.4% [3]. Group 2: Factors Influencing Upcoming Performance - The Transmission & Gulf of Mexico unit, particularly the Transco pipeline system, is expected to perform well due to increasing demand for heating, power generation, and LNG exports, with an estimated adjusted EBITDA of $902 million, reflecting a 7.5% increase from the previous year [4]. - The West Segment's strong performance, driven by the DJ Basin acquisition, is anticipated to continue into the first quarter of 2025 [5]. Group 3: Cost Considerations - Total costs and expenses for the fourth quarter were $2 billion, marking a 17.6% increase from the previous year, a trend likely to persist due to project-related costs and inflationary pressures [5]. Group 4: Earnings Prediction Model - The current model does not predict a definitive earnings beat for WMB, as the Earnings ESP is -0.35% and the company holds a Zacks Rank of 3 (Hold) [6][7].
Is Epsilon Energy (EPSN) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2025-04-25 14:46
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Epsilon Energy Ltd. (EPSN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Epsilon Energy Ltd. is one of 246 companies in the Oils-Energy group. The Oils-Energy group currently sits at #15 within the Zacks ...
DT Midstream (DTM) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-23 15:07
Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for DT Midstream, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - DT Midstream is expected to report quarterly earnings of $1.07 per share, reflecting an 8.1% increase year-over-year [3]. - Revenue projections stand at $283.86 million, indicating an 18.3% rise from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.67% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The Most Accurate Estimate for DT Midstream is higher than the Zacks Consensus Estimate, suggesting a bullish outlook from analysts [10]. Earnings Surprise Prediction - The Earnings ESP for DT Midstream is +0.84%, indicating a likelihood of beating the consensus EPS estimate [11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. Historical Performance - In the last reported quarter, DT Midstream exceeded the expected earnings of $0.91 per share, achieving $0.94, resulting in a surprise of +3.30% [12]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [13]. Conclusion - DT Midstream is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors before making investment decisions [16].
Why the Market Dipped But Enbridge (ENB) Gained Today
ZACKS· 2025-04-03 22:50
Company Performance - Enbridge's stock closed at $45.34, reflecting a +0.44% change from the previous day's closing price, outperforming the S&P 500's loss of 4.84% [1] - Over the past month, Enbridge shares gained 6.24%, surpassing the Oils-Energy sector's gain of 3.42% and the S&P 500's loss of 4.7% [2] - The upcoming earnings report is scheduled for May 9, 2025, with an expected EPS of $0.64, indicating a 5.88% decrease from the same quarter last year, and a forecasted quarterly revenue of $9.08 billion, up 10.9% year-over-year [3] Annual Estimates - For the full year, analysts expect earnings of $2.13 per share and revenue of $33.14 billion, representing changes of +6.5% and -14.96% respectively from the previous year [4] Analyst Estimates and Valuation - Changes in analyst estimates for Enbridge are crucial as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [5] - The Zacks Rank system, which assesses estimate changes, currently ranks Enbridge as 3 (Hold), with a Forward P/E ratio of 21.16, indicating a premium compared to the industry's average Forward P/E of 17.25 [7] - Enbridge has a PEG ratio of 4.23, higher than the industry average PEG ratio of 2.92, which considers expected earnings growth [8] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [9]