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Vivakor Announces 7% Revenue Growth to $17.0 Million and $60 Million in Debt Reduction for Q3 2025; Raises $11.2 Million in Equity Subsequent to Quarter End
Globenewswire· 2025-11-20 13:30
Dallas, TX, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation service, today announced financial and operational results for the three and nine months ended September 30, 2025. Key Financial Highlights for the Three Months Ended September 30, 2025 (YoY): Revenue increased 7% to $17.0 million;Gross profit increased 173% to $4.7 million;Gross margin improved 1700 basis points to 27.8%;Ad ...
Enterprise Q3 Earnings and Revenues Miss on Lower Sales Margins
ZACKS· 2025-11-11 14:35
Core Insights - Enterprise Products Partners LP (EPD) reported weak quarterly earnings for Q3 2025, with adjusted earnings per limited partner unit of 61 cents, missing the Zacks Consensus Estimate of 67 cents and declining from 65 cents year-over-year [1][10] - Total quarterly revenues were $12 billion, falling short of the Zacks Consensus Estimate of $12.6 billion and down from $13.8 billion in the prior-year quarter, primarily due to lower sales and processing margins and MTM hedging losses [2][10] Financial Performance - The gross operating margin for NGL Pipelines & Services remained stable at $1.3 billion, supported by higher natural gas processing volumes and MTM gains [4] - Natural Gas Pipelines and Services saw a decrease in gross operating margin to $339 million from $349 million, attributed to MTM hedging losses [5] - Crude Oil Pipelines & Services reported a gross operating margin of $371 million, down from $401 million, due to lower sales margins in Texas [6] - Petrochemical & Refined Products Services experienced a slight increase in gross operating margin to $370 million from $363 million, driven by higher pipeline and marine terminal volumes [7] Cash Flow and Investment - Distributable cash flow totaled $1.83 billion, down from $1.96 billion year-over-year, with a coverage ratio of 1.5X; adjusted free cash flow was $96 million, significantly lower than $943 million in the previous year [8] - Total capital investment for the reported quarter was $1.96 billion [9] Debt and Liquidity - As of September 30, 2025, total outstanding debt principal was $33.9 billion, with consolidated liquidity of approximately $3.6 billion [11] Future Outlook - For 2025, EPD anticipates growth capital expenditures to be around $4.5 billion, with projections for 2026 in the range of $2.2 billion to $2.5 billion; sustaining capital expenditure is expected to be approximately $525 million in 2025 [12]
Build Stability and Income With 3 Overlooked Dividend Leaders
MarketBeat· 2025-07-21 20:03
Core Insights - Dividend investing is a popular strategy among retail investors seeking stability and passive income, with a focus on long-term buy-and-hold approaches for companies like Coca-Cola and Johnson & Johnson [1] - Investors typically look for dividend yields in the 2-3% range and payout ratios below 80% as indicators of sustainable dividend payments [2] Group 1: Enterprise Products Partners (EPD) - EPD offers a high dividend yield of 6.85% with an annual dividend of $2.14 and a dividend payout ratio of 80.15%, supported by a 28-year track record of dividend increases [4][5] - The company has a unique buying opportunity due to a recent share price dip, and analysts expect earnings growth above 5% in the coming year, with a consensus price target suggesting a potential rise of 15% or more [6] - EPD's high dividend yield is likely to become more attractive if the Federal Reserve lowers interest rates [5] Group 2: United Parcel Service (UPS) - UPS has a dividend yield of 6.63% and an annual dividend of $6.56, with a 16-year history of dividend increases, although its payout ratio is high at 95.63% [7][9] - The company is focusing on improving operational efficiency and profitability, which may help offset concerns regarding its elevated payout ratio [8] - Analysts predict UPS will experience earnings growth of 10.3% in the coming quarters, with potential capital growth of nearly 20% [10] Group 3: ONEOK Inc. (OKE) - OKE has a dividend yield of 5.12% and an annual dividend of $4.12, with a payout ratio of 80.47% and a 3-year track record of dividend increases [11][13] - The company is expected to improve its position through new construction that will expand its infrastructure, despite a year-to-date decline of over 21% [12] - Analysts are optimistic about OKE, predicting earnings growth of more than 17% in the coming quarters, with a price target suggesting nearly 29% upside potential [14]
Pembina Pipeline Q4 Earnings Surpass Estimates, Sales Fall Y/Y
ZACKS· 2025-03-07 13:45
Core Insights - Pembina Pipeline Corporation (PBA) reported fourth-quarter 2024 earnings per share of 66 cents, exceeding the Zacks Consensus Estimate of 59 cents, driven by strong performance in facilities and marketing & new ventures segments [1][2] - The company's quarterly revenues of $1.5 billion decreased by approximately 15.4% year over year, missing the Zacks Consensus Estimate of $1.8 billion [3] - Operating cash flow increased by 2.5% to C$902 million, while adjusted EBITDA reached a record C$1,254 million compared to C$1,033 million in the prior-year period [3] Financial Performance - PBA's facilities volume for the fourth quarter was 877 thousand barrels of oil equivalent per day (mboe/d), surpassing the consensus mark of 860 mboe/d [1][3] - Earnings from the pipelines segment decreased by about 21% year over year to C$534 million, attributed to the reversal of a previous impairment related to the Nipisi Pipeline [6] - Facilities segment earnings increased by 24% year over year to C$177 million, driven by unrealized gains on interest rate derivative financial instruments [7] - Marketing & New Ventures segment earnings rose by 20% year over year to C$245 million, also benefiting from unrealized gains on interest rate derivative financial instruments [8] Volume and Sales - Total volumes for the fourth quarter reached 4,016 mboe/d, up from 3,752 mboe/d in the prior-year quarter [3] - Natural gas liquids (NGL) sales volumes totaled 252 mboe/d, reflecting a 16% increase compared to the year-ago quarter, supported by higher sales of ethane, propane, and butane [9] Capital Expenditure and Balance Sheet - Pembina's capital expenditure for the quarter was C$242 million, an increase from C$177 million a year ago [11] - As of December 31, 2024, the company had cash and cash equivalents of C$141 million and long-term debt of C$10.5 billion, with a debt-to-capitalization ratio of 37.6% [11] Future Guidance - For 2025, Pembina expects adjusted EBITDA to be in the range of C$4.2 billion to C$4.5 billion and aims to maintain a debt-to-adjusted EBITDA ratio between 3.3 and 3.6 times [12]