Investors interested in Oil and Gas - Production Pipeline - MLB stocks are likely familiar with Energy Transfer LP (ET) and Oneok Inc. (OKE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positi ...

Financial Data and Key Metrics Changes - The company reported a normalized EBITDA of $266 million for the first quarter of 2025, demonstrating a solid financial start to the year [4] - The company reaffirmed its normalized EBITDA guidance for 2025 at $1.01 billion, indicating confidence in its financial resilience despite market volatility [8][13] Business Line Data and Key Metrics Changes - Approximately 90% of the company's EBITDA is contracted over the next seven years, which mitigates commodity price and volumetric risks [7] - The company successfully completed the pipeline scope of the Blackrod Connection project, contributing to its operational capabilities [5] Market Data and Key Metrics Changes - The company expects to maintain its contractual commitments of 585,000 barrels per day despite operational pressure restrictions due to the Milepost 171 incident [10][71] - The company has observed headwinds against uncontracted volumes due to increased pipeline egress capacity and tariff uncertainties [43][46] Company Strategy and Development Direction - The company is focused on maintaining a risk-managed approach to capital allocation while pursuing growth opportunities that leverage existing infrastructure [17] - The management emphasized the importance of pipeline integrity and safety, committing to ongoing investments in integrity programs [6][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of cash flows due to highly contracted business, despite challenges from the Milepost 171 incident [22] - The company is committed to providing transparent updates to stakeholders as it learns more about the incident and its implications [16] Other Important Information - The company has mobilized over 300 resources in response to the Milepost 171 incident, successfully containing environmental impacts and restoring operations [9][10] - The management highlighted that insurance policies are expected to cover most costs associated with the incident [10][40] Q&A Session Summary Question: Can you elaborate on the range of outcomes post-incident? - Management emphasized that 90% of EBITDA is contracted, reducing risk on the base business, and they are working closely with regulators to assess maintenance activities [21][22] Question: What are the learnings from the incident for future prevention? - Management stated that pipeline integrity and safety are top priorities, with significant investments made in inline inspections and integrity programs [24][25] Question: What is the expected duration of pressure restrictions? - Management indicated it is too early to speculate on the timeframe for pressure restrictions, as investigations are ongoing [30][32] Question: How will the incident impact leverage and costs? - Management expects all costs related to the incident to be covered by insurance or variable tolls, maintaining the debt to EBITDA ratio [39][40] Question: What is the outlook for uncommitted volumes? - Management noted that while there are headwinds against uncontracted barrels, the base business remains stable due to high contract commitments [43][46] Question: What is the long-term growth outlook? - Management highlighted the Blackrod project as a key contributor to future EBITDA growth, with expectations for tightening egress volumes in 2026 [49][50] Question: What is the company's stance on potential asset sales? - Management confirmed that all assets are core and there are no current plans for asset sales, but they remain open to future opportunities [57][58] Question: How is the company responding to market conditions post-election? - Management expressed optimism about the regulatory environment and its impact on capital allocation decisions [53][54]

Corporate Presentation MAY 2025 South Bow at a Glance A strategic liquids pipelines franchise connecting resilient supply to the strongest demand markets in North America OPERATIONAL HIGHLIGHTS | 4,900 | km | Pipeline footprint | | --- | --- | --- | | 1.25 | MMbbl/d | Delivered safely and reliably | | 7.6 | MMbbl/d | Terminal storage capacity | FINANCIAL HIGHLIGHTS1 | 208 million | Shares outstanding | | --- | --- | | $5.1 billion | Market capitalization | | $10.6 billion | Enterprise value2 | | $2.00 /shar ...

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual general meeting held on May 15, 2025 (the Meeting). During the business proceedings of the Meeting, South Bow's shareholders approved the following resolutions: 1. Resolution to appoint 11 board members, with 96.51% to 99.83% of shares represented at the Meeting voting in favour of the individual directors as follows ...

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update on its 2025 outlook. Unless otherwise noted, all financial figures in this news release are in U.S. dollars. Highlights Safety and operational performance Recorded first-quarter 2025 throughput of approximately 613,000 barrels per day (bbl/d) on the Keystone Pipeline, with a System Operating Factor (SOF) of 98 ...

Core Viewpoint - Enbridge Inc. has entered into an agreement with the Stonlasec8 Indigenous Alliance Limited Partnership, allowing the partnership to invest approximately CAD$715 million in Enbridge's Westcoast natural gas pipeline system, resulting in a 12.5% ownership stake [1][2][3] Investment Details - The First Nations Partnership will secure a CAD$400 million loan guarantee from the Canada Indigenous Loan Guarantee Corporation to facilitate the investment [2] - The transaction is expected to close by the end of the second quarter of 2025, pending financing and other conditions [3] Economic and Social Impact - The investment is seen as a significant milestone for the Stonlasec8 First Nations, providing sustained economic benefits for housing, infrastructure, environmental stewardship, and cultural preservation [3] - Enbridge aims to strengthen relationships with Indigenous communities and promote economic reconciliation through this partnership [3][4] Infrastructure Overview - Enbridge's Westcoast natural gas pipeline system has been operational for over 65 years and can transport up to 3.6 billion cubic feet of natural gas per day, serving various regions including British Columbia and the U.S. Pacific Northwest [5]

Mick Jagger and the Rolling Stones were right when they sang "You Can't Always Get What You Want." In many cases, we have to be willing to settle for less than what we'd prefer. That's certainly often true with investing. However, sometimes you can get everything you want -- or at least come close to doing so. If you're an income investor, I think Enbridge (ENB 0.73%) just might give you almost everything you could want in a dividend stock. But the company's business extends beyond pipelines. Enbridge ranks ...

Core Viewpoint - Energy Transfer is positioned as a reliable income stock in a volatile market, particularly appealing to income-seeking investors due to its stable dividend payments and resilience against macroeconomic challenges [1][2]. Group 1: Business Model and Stability - Energy Transfer operates as a midstream pipeline company, providing essential services for natural gas, NGLs, crude oil, and refined petroleum products across over 130,000 miles of pipeline in multiple regions [4]. - The company's "toll road" business model allows it to charge fees to upstream and downstream companies, making it less sensitive to fluctuations in oil and gas prices, thus ensuring stable profits [5]. Group 2: Financial Performance - Energy Transfer, structured as a master limited partnership (MLP), reports profits as earnings per unit (EPU) and has seen its EPU and adjusted EBITDA grow at compound annual rates of 8% and 11% from 2014 to 2024, despite various economic challenges [6][7]. - For 2025, the company anticipates a 4% to 6% increase in adjusted EBITDA and a 16% growth in EPU, indicating continued resilience against macroeconomic headwinds [8]. Group 3: Distribution and Valuation - After halving its distribution in 2020, Energy Transfer has since raised its quarterly payout 13 times, currently offering a forward annual distribution of $1.31 per unit, which is well-supported by an estimated EPU of $1.33 for 2025, resulting in a forward yield of 7.6% [9][10]. - The stock trades at 13 times its estimated EPU for 2025, which is considered reasonably valued compared to industry peers, such as Energy Products Partners, which trades at 11 times this year's EPU but offers a lower yield of 6.9% [11]. Group 4: Growth Opportunities - Energy Transfer is positioned to benefit from the growing demand for fossil fuels driven by the expansion of energy-hungry data centers, with plans to increase capacity in the Permian Basin and partnerships to supply natural gas to data centers in Texas [12].

TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three months ended March 31, 2025. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (“MD&A”) and interim consolidated financial statements for the three months ended March 31, 2025, which are available on the Company’s website and at www.sedarplus.com. Highlights include1: On January 2, 2025, the Compan ...

Core Viewpoint - Enbridge Inc. reported its first-quarter 2025 earnings results, which are likely to leave investors relatively satisfied [1] Financial Performance - The earnings results indicate a positive outlook for the company, contributing to investor confidence [1] Investment Strategy - The focus is on generating a 7%+ income yield by investing in a portfolio of energy stocks while minimizing the risk of principal loss [1]