Core Insights - Kinder Morgan Inc. (KMI) reported third-quarter 2025 adjusted earnings per share of 29 cents, meeting the Zacks Consensus Estimate and increasing from 25 cents year over year [1][9] - Total quarterly revenues reached $4.15 billion, surpassing the Zacks Consensus Estimate of $4.13 billion and up from $3.70 billion in the prior-year quarter [1][9] Business Performance - The in-line earnings and better-than-expected revenue were primarily driven by activities related to natural gas pipelines [2] - Natural Gas Pipelines segment saw adjusted earnings before depreciation, depletion, and amortization (EBDA) rise to $1.4 billion from $1.27 billion year over year, benefiting from higher transported and gathering volumes [3] - Product Pipelines segment's EBDA increased to $288 million from $276 million, attributed to higher diesel fuel volumes [4] - Terminals segment generated EBDA of $274 million, up from $267 million, with liquids utilization at 94.6% [4] - CO2 segment's EBDA decreased to $136 million from $160 million year over year [5] Operational Highlights - Total expenses related to operations and maintenance were $786 million, down from $790 million a year ago, while total operating costs increased to $3.08 billion from $2.68 billion [6] - KMI reported a project backlog of $9.3 billion at the end of the September quarter, with a significant portion related to natural gas projects [6] Financial Position - As of September 30, 2025, KMI had $71 million in cash and cash equivalents, with long-term debt amounting to $31.3 billion [7] Future Outlook - For the year, KMI projected net income attributable to the company at $2.8 billion and estimated adjusted EPS at $1.27, with a net debt-to-adjusted EBITDA ratio anticipated at 3.8x by the end of 2025 [8]

Group 1: ConocoPhillips - ConocoPhillips has a diverse portfolio in the oil and gas industry, with a cost of supply below $40 per barrel, enabling strong cash flow generation [4] - The company is entering a growth phase with investments in long-cycle capital projects, including three LNG export facilities [5] - A $7 billion investment in the Willow project in Alaska is expected to start in 2029, with an anticipated $7 billion of incremental annual free cash flow by 2029 [6] - ConocoPhillips aims to deliver dividend growth within the top 25% of S&P 500 companies, supported by robust free cash flow and share repurchases [7][8] - The company has increased its dividend payout annually for nearly a decade [8] Group 2: Kinder Morgan - Kinder Morgan is one of the largest energy infrastructure companies in the U.S., with a significant portion of cash flow from stable contracts [9] - The company pays out less than half of its cash flow in dividends, maintaining a 4.2% yield while retaining funds for expansion [10] - Kinder Morgan has $9.3 billion in growth capital projects, primarily focused on new natural gas pipelines to meet rising demand [10] - Projects are expected to be operational by the second quarter of 2030, providing visibility into future growth and supporting continued dividend increases [11] - The company has a strong balance sheet, allowing for flexibility in making acquisitions to enhance dividend growth [12] Group 3: Dividend Growth Outlook - Both ConocoPhillips and Kinder Morgan have clear growth catalysts that support sustained dividend increases over the next several years, making them ideal long-term dividend stocks [13]

Core Viewpoint - Nabors Industries Ltd. (NBR) is expected to report a second-quarter 2025 loss of $2.05 per share on revenues of $831.2 million, reflecting a year-over-year revenue increase of 13.13% and a bottom-line increase of 52.21% [1][3][8]. Group 1: Recent Performance - In the last reported quarter, NBR's loss per share was $7.5, which was $2.64 wider than the consensus estimate, primarily due to lower adjusted operating income from its U.S. Drilling segment [2]. - Operating revenues for the last quarter were $736.2 million, exceeding the Zacks Consensus Estimate of $718 million, driven by stronger contributions from the International Drilling segment [2]. - NBR has missed the Zacks Consensus Estimate in each of the trailing four quarters, with an average negative surprise of 169.68% [2]. Group 2: Revenue and Cost Factors - The Zacks Consensus Estimate for second-quarter revenues is projected to be $831.2 million, up from $743 million in the year-ago quarter, attributed to higher contributions from U.S. Drilling, International Drilling, and Drilling Solutions segments [4]. - Direct costs are expected to rise, with depreciation and amortization costs projected to reach $201.1 million, up from $160.1 million in the previous year [5]. - Interest expenses are anticipated to increase from $51.5 million to $56.8 million, and general and administrative expenses are expected to rise from $62.2 million to $64.1 million [5]. Group 3: Earnings Prediction and Model Insights - The Zacks model does not predict an earnings beat for NBR this time, as the Earnings ESP is -2.60% [6][7]. - NBR currently holds a Zacks Rank of 5 (Sell), indicating a less favorable outlook [9].

Group 1 - Oneok Inc. reported $8.04 billion in revenue for Q1 2025, a year-over-year increase of 68.2% [1] - The EPS for the same period was $1.04, down from $1.09 a year ago, indicating a decline [1] - The reported revenue exceeded the Zacks Consensus Estimate of $7 billion by 14.89%, while the EPS fell short of the consensus estimate of $1.23 by 15.45% [1] Group 2 - Oneok's stock has returned -18.1% over the past month, compared to the S&P 500 composite's -0.7% change [3] - The company currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Group 3 - Raw feed throughput for Natural Gas Liquids was 1,293 MBBL/d, below the average estimate of 1,369.48 MBBL/d [4] - Adjusted EBITDA for Natural Gas Liquids was $635 million, compared to the average estimate of $686.37 million [4] - Adjusted EBITDA for Refined Products & Crude was $471 million, below the estimated $527.44 million [4] - Adjusted EBITDA for Natural Gas Pipelines was $212 million, exceeding the average estimate of $171.15 million [4] - Adjusted EBITDA for Natural Gas Gathering and Processing was $491 million, below the average estimate of $529 million [4]

Core Viewpoint - The article emphasizes the importance of focusing on dividend income rather than stock price volatility, especially in the current uncertain economic environment. It highlights three specific stocks that offer reliable dividends. Group 1: TD Bank - TD Bank's shares are nearly 30% below their 2022 highs, placing it in a bear market, which has resulted in a historically high yield of around 5% [2][3] - Despite regulatory challenges due to money laundering issues in its U.S. business, TD Bank's core Canadian operations remain strong, allowing it to sustain and grow its dividend, which was recently raised by 3% [3] - The bank's ability to provide a reliable and growing dividend makes it a low-risk investment opportunity for conservative investors [3] Group 2: Vici Properties - Vici Properties is a net lease REIT primarily investing in casinos, which is perceived as risky; however, it does not operate the casinos and will continue to receive rent payments regardless of the economic conditions [4][5] - The REIT has consistently increased its dividend since its IPO, with a current yield of 5.3%, supported by long-term leases that include inflation-based rent hikes [5] - Vici's business model is designed to maintain dividends even during economic downturns, making it a stable investment option [5] Group 3: Enbridge - Enbridge is a North American midstream company with reliable cash flows from transporting oil and natural gas, allowing it to increase its dividend annually for 30 consecutive years [6][7] - The company is diversifying its operations, with 25% of its business focused on regulated natural gas utilities and clean energy, positioning it for long-term sustainability [7] - Enbridge offers a dividend yield of 5.7%, appealing to investors looking for both current income and long-term growth potential [6][7]

Group 1: Dividend Stocks Overview - Dividend stocks provide a steady stream of income and can be beneficial for all types of investors, not just income-focused ones [2] - Stocks that consistently pay and grow dividends often yield significant returns over time, making them attractive investment options [2] Group 2: Brookfield Infrastructure - Brookfield Infrastructure offers a compelling investment opportunity with a corporate share yield of 4.7% and partnership units yielding 5.7% [4] - The company operates regulated assets such as utilities and pipelines, with 85% of its free cash flows being regulated or contracted, ensuring consistent cash flow even during economic downturns [5] - Brookfield Infrastructure has achieved a compound annual growth rate of 15% in funds from operations (FFO) per unit and 9% in dividends per unit since 2009 [7] - The company targets over 10% FFO per unit growth and 5% to 9% annual dividend growth, indicating potential annualized returns of at least 9% [8] Group 3: Enterprise Products Partners - Enterprise Products Partners has a strong track record of increasing dividends for over 25 consecutive years, contributing to significant stock returns, with over 250% returns in the past five years with reinvested dividends [9] - The company operates a vast pipeline network and has invested heavily in expansion, with $6 billion of $7.6 billion in major projects expected to come online this year [11] - As growth capital expenditures are projected to decrease from $4 billion-$4.5 billion in 2025 to $2 billion-$2.5 billion in 2026, Enterprise Products is expected to have more cash available for dividends and share buybacks [12]