Core Viewpoint - Midstream operators are positioned to benefit from increasing demand for natural gas driven by artificial intelligence, data centers, and LNG exports, while providing reliable cash flow and high distribution yields. Group 1: Energy Transfer - Energy Transfer offers a yield of 7.4%, supported by strong distributable cash flow, with approximately 90% of EBITDA derived from fee-based contracts, many of which are take-or-pay [2][4] - The company is increasing its capital expenditures from $3 billion in 2024 to $5 billion this year to capitalize on growing power demand and LNG exports [3] - Energy Transfer has signed a supply agreement with Cloudburst for a data center project in Texas and is seeing progress on the Lake Charles LNG project, enhancing its growth prospects [4] Group 2: Enterprise Products Partners - Enterprise Products Partners has a yield of 6.8% and has increased its payout for 26 consecutive years, with about 85% of cash flow coming from fee-based contracts [5][6] - The company is pursuing $7.6 billion in growth projects, with $6 billion expected to go live this year, and has increased its spending on these projects from $3.9 billion last year to $4.5 billion this year [6] Group 3: Western Midstream - Western Midstream offers a yield of 9.4% and maintains a strong balance sheet with a leverage ratio below 3, supported by cost-of-service contracts and minimum volume commitments [7][8] - The company aims for mid-single-digit annual distribution increases while investing in expansion opportunities, notably the Pathfinder produced-water system, which is projected to cost over $450 million [8] Group 4: MPLX - MPLX has a yield of 7.5% and has achieved double-digit distribution growth for three consecutive years, with its distribution covered 1.5 times by cash flow [9][10] - The company is increasing its expansion capex to $1.7 billion in 2025, driven by demand for natural gas and NGLs, and is enhancing its infrastructure through full ownership of the BANGL pipeline and a joint venture with Oneok [10][11] Group 5: Kinder Morgan - Kinder Morgan has the lowest yield at 4.1% but controls about 40% of U.S. natural gas flow, with 80% of cash flow from volumetric fee-based contracts [13][15] - The company's project backlog has surged to $8.8 billion, primarily focused on power demand related to AI and LNG facilities, with expected EBITDA yields of 16.7% on new spending [14][15] - Kinder Morgan has improved its balance sheet, reducing leverage from 5.1 in 2017 to 4 in 2024, positioning itself well for future growth amid rising natural gas export demand [15]

Good time to highlight my impeccable flight etiquette:→ I have snacks (protein bars, water, edamame)→ Tech kit for emergency charges, cables, headphones→ I won't have to piss, but I will get up and stretch around hour 5. Just some calf raises and toe touches.→ I will neatly eat and throw away my in-flight meal (I'll also wake you for yours if requested)→ I only take up one seat→ I tip all flight attendants 20% of flight, as is commiserate of a US-based serviceBonus:If you want extra airline snacks I know ho ...

Core Viewpoint - The Federal Reserve is maintaining a cautious stance regarding interest rate cuts due to concerns over inflationary pressures from tariffs imposed by President Trump, leading to uncertainty in the market [1][5][6]. Federal Reserve Meeting Insights - The minutes from the latest Federal Reserve meeting indicate that most officials are not in a hurry to implement an immediate rate cut, suggesting a wait-and-see approach [2][5]. - A delay in rate cuts could lead to increased volatility in the stock market [2][7]. - Most participants believe that any inflationary impact from tariffs will be temporary or modest, and there is no urgency for rate cuts in the near term [6]. Investment Recommendations - Given the current uncertainty, it is advisable to invest in defensive stocks from the utility and consumer staples sectors, which are considered safe havens [3][11]. - Recommended stocks include: - **Atmos Energy Corporation (ATO)**: Expected earnings growth rate of 6%, Zacks Rank 2, beta of 0.70, and a dividend yield of 2.27% [9]. - **Fortis, Inc. (FTS)**: Expected earnings growth rate of 3.8%, Zacks Rank 2, beta of 0.48, and a dividend yield of 3.81% [13]. - **Colgate-Palmolive Company (CL)**: Expected earnings growth rate of 1.7%, Zacks Rank 2, beta of 0.37, and a dividend yield of 2.27% [15]. - **The Coca-Cola Company (KO)**: Expected earnings growth rate of 3.1%, Zacks Rank 2, beta of 0.45, and a dividend yield of 2.94% [17]. Stock Characteristics - The recommended stocks are characterized by low beta (greater than 0 but less than 1), high dividend yields, and favorable Zacks Ranks, making them attractive in the current market environment [4][11].

Core Points - California Water Service Group will release its 2025 second-quarter earnings results on July 31, 2025, at 9:00 a.m. ET, followed by a conference call at 11:00 a.m. ET [1] - The conference call will be hosted by key executives including Chairman and CEO Martin A. Kropelnicki, CFO James P. Lynch, and Chief Business Development Officer Shilen M. Patel [2] - A slide presentation will be available on the company's website prior to the call [2] Company Overview - California Water Service Group is the parent company of several regulated utilities, including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service [3] - The company provides regulated and non-regulated water and wastewater services to over 2 million people across California, Hawaii, New Mexico, Texas, and Washington [3] - The common stock of California Water Service Group trades on the New York Stock Exchange under the symbol "CWT" [3]

Core Viewpoint - Itron, Inc. is set to release its financial results for the quarter ending June 30, 2025, on July 31, 2025, before market opens, followed by a management conference call to discuss the results [1]. Group 1 - The financial results will be available on the company's website at 8:30 a.m. EDT on July 31, 2025 [1]. - A management conference call will take place at 10 a.m. EDT on the same day to discuss the financial results [1]. - Interested parties can access the conference call via a live webcast and should pre-register and test audio software beforehand [2]. Group 2 - A replay of the conference call will be available until August 7, 2025, on the company's website [3]. - Itron is focused on transforming the management of energy, water, and city services through intelligent infrastructure solutions [4]. - The company aims to improve efficiency, build resilience, and provide safe, reliable, and affordable services to utilities and cities [4].

CALGARY, Alberta, July 10, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it expects to release its 2025 second quarter financial and operating results on Monday, July 28, 2025, after the close of North American markets. The 2025 second quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR+ at www.sedarplus.ca. Earnings Conference Call ...

Group 1 - Gibson Energy Inc. will release its 2025 second quarter financial and operating results on July 28, 2025, after North American markets close [1] - The management's discussion and analysis along with unaudited consolidated financial statements will be available on the company's website and SEDAR+ [1] - A conference call and webcast to discuss the results will take place on July 29, 2025, at 7:00am Mountain Time [2] Group 2 - The conference call will be accessible via a registration link, and registration is recommended at least five minutes prior to the call [2] - The webcast will be available for 12 months after the live broadcast [3] - Gibson Energy is a leading liquids infrastructure company, focusing on storage, optimization, processing, and gathering of liquids and refined products [4] Group 3 - The company is headquartered in Calgary, Alberta, with operations across North America, including key terminal assets in Hardisty and Edmonton, Alberta, and Ingleside and Wink, Texas [4] - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [5]

Pure Cycle (PCYO) Q3 2025 Earnings Call July 10, 2025 08:30 AM ET Speaker0Good morning, everybody, and welcome to Pure Cycle Corporation's Third Quarter Earnings Call. We'll start with a presentation from our CEO, Mark Barding, before moving into the Q and A session. We'll ask that everybody mute. So sorry about that. We we went ahead and mute muted everybody, and when we get to the Q and A session, we'll make sure the mics are open.But we ask that you stay muted until you're called on. And with that, I'll ...

Pure Cycle (PCYO) Q3 2025 Earnings Call July 10, 2025 08:30 AM ET Company ParticipantsMark Harding - President, CEO & DirectorElliot Knight - OwnerOperatorGood morning, everybody, and welcome to Pure Cycle Corporation's Third Quarter Earnings Call. We'll start with a presentation from our CEO, Mark Barding, before moving into the Q and A session. We'll ask that everybody mute. So sorry about that. We we went ahead and mute muted everybody, and when we get to the Q and A session, we'll make sure the mics are ...

Key Takeaways CWCO uses Reverse Osmosis at all plants, supporting global desalination and potable water expansion. CWCO operates 10 plants with 26.2M GPD capacity and seeks growth via alliances, JVs and acquisitions. CWCO faces liquidity risks from delayed receivables in the Bahamas and fluctuating water service demand.Consolidated Water Co. Ltd. (CWCO) continues to benefit from the use of the most advanced technology to convert seawater to potable water to meet customer needs. The expansion of operations ...