Group 1 - Roberts Berzins has over a decade of experience in financial management, assisting top-tier corporates in shaping financial strategies and executing large-scale financings [1] - Significant efforts have been made to institutionalize the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [1] - Development of national SOE financing guidelines and frameworks for channeling private capital into affordable housing stock has been a focus [1] - Roberts is a CFA Charterholder and holds an ESG investing certificate, with experience from an internship at the Chicago Board of Trade [1] - Active involvement in "thought-leadership" activities supports the development of pan-Baltic capital markets [1]

Core Viewpoint - The energy sector has underperformed since the new bull market began in 2022, with the S&P 500 Energy Index only up about 3% compared to a 14% gain in the overall market [1][2]. Industry Performance - Energy stocks have struggled due to concerns over slowing global demand and a shift in investor preference towards higher-growth sectors like technology and communication services [2][3]. - Oil prices have decreased to approximately $61 per barrel, struggling to surpass the $70 psychological level [3]. - The energy sector is currently trading at significant discounts, presenting a higher risk-reward profile compared to the broader market, which is facing premium valuations [4]. Long-term Outlook - The long-term outlook for the energy sector remains positive, bolstered by a $750 billion trade agreement between the U.S. and the European Union, which mandates the EU to purchase U.S. energy exports over the next three years [5][6]. - Achieving the $750 billion target is ambitious, as current import levels are under $100 billion, requiring the EU to import 67% of its energy needs from the U.S. [6]. Methodology for Stock Selection - The list of the most profitable energy stocks was compiled using Finviz to screen for companies with positive earnings and over $1 billion in trailing twelve-month (TTM) net income, focusing on those with a TTM Operating Margin of at least 15% and popularity among elite hedge funds [8]. - The strategy of selecting stocks that hedge funds favor has historically outperformed the market, with a reported return of 427.7% since May 2014 [9]. Notable Energy Stocks - **Western Midstream Partners, LP (NYSE:WES)**: TTM Operating Margin of 43.29%, TTM Net Income of $1.27 billion, and 5 hedge fund holders. UBS has a 'Neutral' rating with a $40 price target, awaiting the completion of a $1.4 billion acquisition [10][11]. - **MPLX LP (NYSE:MPLX)**: TTM Operating Margin of 39.64%, TTM Net Income of $4.31 billion, and 13 hedge fund holders. UBS has a 'Buy' rating with a $64 price target, citing expected volume growth and an increase in EBITDA estimates [13][14].

Core Insights - AI and AI investing have significantly driven stock market growth in 2023, leading to increased demand for data centers and related energy needs [1] - The surge in data center energy demand has created new opportunities in the natural gas and midstream sectors, evidenced by recent key deals [1] Group 1: Company Investments - Williams Companies, Inc. (WMB) has committed an additional $3.1 billion to two power innovation projects, raising its total investment in power projects to approximately $5 billion [2] - WMB has secured 10-year fixed-price power purchase agreements with a large investment-grade counterparty for the new projects, expected to be completed in the first half of 2027 [3] - WMB has increased its 2025 growth capital expenditure guidance by $875 million to a midpoint of $3.6 billion, anticipating a 20% return on the new projects [3] Group 2: Natural Gas Supply Agreements - Energy Transfer (ET) has entered into an agreement with Fermi America (FRMI) to supply natural gas to FRMI's HyperGrid AI data center campus in Texas, highlighting the growing energy needs of data centers [4] - VoltaGrid has also announced a 2.3 GW agreement with ET to supply electricity generated from natural gas to Oracle's data centers, further demonstrating the demand for natural gas in the sector [4] Group 3: Data Center Demand and Infrastructure - Pembina Pipeline Corporation (PPL) is nearing a deal with Meta (META) for a new data center in western Canada, which will utilize natural gas-fired electricity from the Greenlight Electricity Centre [5] - The Greenlight Electricity Centre is expected to have a capacity of up to 1.8 GW, translating to a natural gas demand of 320 million cubic feet per day [5] - Key players in the midstream energy infrastructure, including WMB, ET, and PPL, are significant constituents of the Alerian Energy Infrastructure ETF, which focuses primarily on natural gas infrastructure [6]

Targa Resources Corp. (TRGP), based in Houston, Texas, is a major force in the midstream energy sector, handling key processes such as collecting, treating, transporting, storing, and exporting both natural gas and natural gas liquids. Through a network of strategically positioned facilities, Targa connects domestic and international markets, focusing on safety and efficiency while operating mainly in the Gulf Coast and other high-production regions across North America. The company currently has a market ...

Accessibility StatementSkip Navigation HOUSTON, Oct. 17, 2025 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.910 per unit for the third quarter of 2025, or $3.64 per unit on an annualized basis, which is in-line with the prior quarter's distribution. WES's third-quarter 2025 distribution is payable on November 14, 2025, to unitholders of record at the close ...

HOUSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $1.00 per common share, or $4.00 per common share on an annualized basis, for the third quarter of 2025. This cash dividend will be paid November 17, 2025 on all outstanding common shares to holders of record as of the close of business on October 31, 2025. The Company will report its third quarter 2025 financial result ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Antero Midstream Corp. (NYSE:AM) owns, operates, and develops infrastructure for natural gas and water handling in the Appalachian Basin of the U.S. It will report its Q3 2025 earnings on Oct. 29. Wall Street analysts expect the company to post EPS of $0.29, up from $0.23 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $289.95 million, up from $269.87 mill ...

U.S. stocks have experienced some volatility in recent days. While markets sold off on Friday, Oct. 10, after President Donald Trump announced 100% tariffs on China, they recovered yesterday, as the president toned down his rhetoric. Stocks are trading lower today again after China retaliated against Trump’s moves by imposing sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean. Such countermeasures between the two countries have been a recurring theme this year. Frequent tariff ch ...

Financial Performance - Q3 2025 - Martin Midstream Partners (MMLP) reported an Adjusted EBITDA of $19.3 million for Q3 2025[3] - This is a decrease compared to the $25.1 million Adjusted EBITDA in Q3 2024[3,4] - Net loss for Q3 2025 was $8.4 million[3] Segment Performance - Q3 2025 vs Q3 2024 (Adjusted EBITDA) - Transportation segment decreased from $11.6 million in Q3 2024 to $5.3 million in Q3 2025[3] - Terminalling & Storage segment increased from $8.4 million in Q3 2024 to $9.7 million in Q3 2025[3] - Sulfur Services segment decreased from $4.2 million in Q3 2024 to $3.9 million in Q3 2025[3] - Specialty Products segment decreased from $4.6 million in Q3 2024 to $3.9 million in Q3 2025[3] Financial Performance - Year-to-Date (YTD) Q3 2025 - MMLP's YTD Q3 2025 Adjusted EBITDA was $74.3 million[5] - This is a decrease compared to the $87.3 million Adjusted EBITDA for YTD Q3 2024[5,6] - Net loss for YTD Q3 2025 was $11.9 million[5] Segment Performance - YTD Q3 2025 vs YTD Q3 2024 (Adjusted EBITDA) - Transportation segment decreased from $36.0 million in YTD Q3 2024 to $21.8 million in YTD Q3 2025[5] - Terminalling & Storage segment increased from $25.4 million in YTD Q3 2024 to $25.8 million in YTD Q3 2025[5] - Sulfur Services segment increased from $21.4 million in YTD Q3 2024 to $25.1 million in YTD Q3 2025[5] - Specialty Products segment decreased from $15.7 million in YTD Q3 2024 to $12.8 million in YTD Q3 2025[5]

Core Viewpoint - Williams (NYSE: WMB) is transitioning from a traditional midstream operator to a significant player in the digital economy through its new Power Innovation strategy, which focuses on building behind-the-meter (BTM) gas generation [1] Group 1: Company Transformation - The company is adopting a new strategy aimed at enabling the digital economy, indicating a shift in its operational focus [1] - The Power Innovation strategy is a key component of this transformation, highlighting the company's commitment to innovation and modernization [1] Group 2: Investment Philosophy - The investment approach emphasizes identifying undervalued companies with long-term growth potential, suggesting a focus on fundamental analysis [1] - The strategy combines value investing principles with a long-term growth perspective, aiming to purchase quality companies at a discount to their intrinsic value [1]