BIP - Brookfield Infrastructure Partners L.P.

NYSE - NYSE Delayed Price. Currency in USD
51.43
-0.32 (-0.62%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close51.75
Open51.79
Bid0.00 x 800
Ask0.00 x 1000
Day's Range51.22 - 51.91
52 Week Range32.26 - 52.83
Volume310,899
Avg. Volume257,548
Market Cap15B
Beta (3Y Monthly)0.82
PE Ratio (TTM)267.86
EPS (TTM)0.19
Earnings DateFeb 10, 2020
Forward Dividend & Yield2.01 (3.88%)
Ex-Dividend Date2019-11-27
1y Target Est52.73
  • 3 of the Best Dividend Stocks to Buy Now
    InvestorPlace

    3 of the Best Dividend Stocks to Buy Now

    As growth investors look for a good place to put their money into as the year comes to a close, dividend stocks are beginning to look better and better. So far, the year-end rally that many investors were hoping for has not materialized. Also, President Donald Trump is now saying a trade deal with China may not get done until 2020. That's keeping the tech sector and other growth stocks under pressure.Dividend yields have been plunging as lower interest rates are pushing income investors to drive up the price of these stocks. Since yields and stock price have an inverse relationship, it means that many solid dividend stocks appear not so appealing.A different approach is to focus on the payout. However, it's important not to simply invest in companies that offer the largest payout. That's because there are many instances where financially troubled companies offer a high payout to entice investors who would otherwise not put money into the stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA better approach is to look for companies that are growing their dividend on a consistent basis. Companies with a history of raising their dividends are usually more financially stable, and more likely to maintain their dividend. * 7 Energy Stocks That Are Still Worth Buying In 2020 So, let's get right to it and look at three of the best dividend stocks you can buy right now. Best Dividend Stocks: Brookfield Infrastructure Partners (BIP)Source: Shutterstock Dividend Yield: 3.85%Annual Dividend: $2.01It's not too simplistic to say that Brookfield Infrastructure Partners (NYSE:BIP) is a well-run business. Since the end of 2010 -- two years after its initial public offering (IPO) -- BIP has raised its dividend every year. And forward guidance calls for an annual long-term distribution growth of between 5% and 9%. This supports the company's plan to deliver 12% to 15% annual total returns for investors.Additionally, several reasons make BIP's dividend among the safest and most secure. For starters, the company is one of the fastest growing and most-diversified utilities in the world. No individual business unit accounts for more than 20% of the company's cash flow. In the company's own words it essentially owns "critical and diverse global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data."Because these assets are hard to replicate, the company can generate predictable returns and a stable cash flow. NextEra Energy (NEE)Source: Shutterstock Dividend Yield: 2.13%Annual Dividend: $5Since 2003, NextEra Energy (NYSE:NEE) has increased its dividend each year, including a stock split in early March 2015; But that's only part of the story.The company is a dividend aristocrat, having increased their divided every year for 25 consecutive years. That puts them in elite company. But when you combine the length of the dividend with the nearly 10% annualized increase you can see why investors are so excited. And, recently NEE has also given investors a healthy amount of growth. The stock is up nearly 35% in 2019.NEE is one of the largest renewable energy utilities in the country. In the past, renewables have needed to be propped up by government subsidies. But now the costs have come down to the point where in some areas, wind can be comparable to natural gas and coal. * Top 5 Stocks for 2020 However, NextEra Energy also owns two utility companies in Florida. This predictable electric and gas business helps ensure the strength, and growth of future dividends. Travelers Companies (TRV)Source: Shutterstock Dividend Yield: 2.44%Annual Dividend: $3.28Travelers (NYSE:TRV) is one of the largest publicly traded insurance companies in the United States. The company has not been providing investors with much revenue growth. However, that's not why shareholders love this stock. Dividends per share, earnings per share and book value per share have all seen impressive growth over the years.In addition to paying a dividend that currently has a yield of over 2%, the company buys back 5-10% of their existing shares every year. And, at a price-to-earnings (P/E) ratio of 15, the share buybacks are very profitable for investors. That's not typically the case. The combination of buybacks and dividends gives shareholders a long-term rate of 7-12% before any growth.TRV has a trailing P/E ratio of 15.21 which is slightly lower than the average P/E of the S&P 500 with is 19.54%. And over the last five years, TRV stock has had an average P/E ratio of 13. But the current P/E ratio is below the stock's highs, suggesting that the stock may still have some room to grow.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post 3 of the Best Dividend Stocks to Buy Now appeared first on InvestorPlace.

  • Thomson Reuters StreetEvents

    Edited Transcript of BIP earnings conference call or presentation 7-Nov-19 2:00pm GMT

    Q3 2019 Brookfield Infrastructure Partners LP Earnings Call

  • How to Time the Markets Like an Investing Pro - November 22, 2019
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  • 8 Stocks Ron Baron Continues to Buy
    GuruFocus.com

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  • GlobeNewswire

    Brookfield Infrastructure Renews Its Limited Partnership Unit and Preferred Unit Normal Course Issuer Bids

    BROOKFIELD, News, Nov. 08, 2019 -- Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that the Toronto Stock.

  • Brookfield Infrastructure (BIP) Q3 Earnings Miss Estimates
    Zacks

    Brookfield Infrastructure (BIP) Q3 Earnings Miss Estimates

    Brookfield Infrastructure (BIP) witnessed solid performance across segments in the third quarter.

  • GlobeNewswire

    Brookfield Infrastructure Reports Third Quarter 2019 Results

    BROOKFIELD, News, Nov. 07, 2019 -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the third quarter ended September 30, 2019.  For the three.

  • Brookfield Infrastructure (BIP) to Post Q3 Earnings: What's Up?
    Zacks

    Brookfield Infrastructure (BIP) to Post Q3 Earnings: What's Up?

    Brookfield Infrastructure Partners' (BIP) performance is likely to have benefited from robust acquisition strategy in Q3.

  • GlobeNewswire

    Brookfield Infrastructure Announces Medium-Term Note Redemption Price Information

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, News, Nov. 01, 2019 -- Brookfield Infrastructure Partners L.P. (TSX:.

  • MoneyShow

    Breakout for Brookfield- Partners in Infrastructure

    Our breakout stocks are most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets; our latest breakout idea is Brookfield Infrastructure Partners (BIP), notes Leo Fasciocco, editor of Ticker Tape Digest.

  • GuruFocus.com

    Leith Wheeler Investment Funds 3rd-Quarter 2019 Quarterly Review

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  • Moody's

    Genesee & Wyoming Inc. (NEW) -- Moody's rates Genesee & Wyoming's corporate family and senior secured rating at Ba2; outlook stable

    Moody's Investors Service ("Moody's") assigned a Ba2 corporate family rating, a Ba2-PD probability of default rating and a Ba2 senior secured rating to short line rail operator Genesee & Wyoming Inc. (NEW). Genesee & Wyoming plans to arrange a $600 million revolving credit facility and a $2,550 million first lien term loan in connection with the acquisition of the company by Brookfield Infrastructure and GIC.

  • Here is What Hedge Funds Think About Brookfield Infrastructure Partners L.P. (BIP)
    Insider Monkey

    Here is What Hedge Funds Think About Brookfield Infrastructure Partners L.P. (BIP)

    Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ complex research processes to determine the best stocks to invest in. A particularly […]

  • When Does Market Timing Actually Work? - October 15, 2019
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    When Does Market Timing Actually Work? - October 15, 2019

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • Brookfield Infrastructure Issues $500M Notes to Repay Debt
    Zacks

    Brookfield Infrastructure Issues $500M Notes to Repay Debt

    Brookfield Infrastructure Partners (BIP) issues $500 million of 3.538% medium-term notes. The proceeds from the same are going to be used for refinancing old debts and funding its pipeline projects.

  • GlobeNewswire

    Brookfield Infrastructure Partners L.P. 2019 Third Quarter Conference Call and Webcast for Investors and Analysts

    Date:       Thursday, November 7, 2019 Time:       9:00 a.m. (ET) BROOKFIELD, NEWS, Oct. 07, 2019 -- You are invited to participate in Brookfield Infrastructure Partners’.

  • GlobeNewswire

    Brookfield Infrastructure to Redeem CDN$375 Million of 3.538% Series 3 Notes

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, NEWS, Oct. 07, 2019 -- Brookfield Infrastructure Partners L.P. (TSX:.

  • GlobeNewswire

    Brookfield Infrastructure to Issue $500 Million of Medium-Term Notes

    A subsidiary of Brookfield Infrastructure, Brookfield Infrastructure Finance ULC will be the recipient of the net proceeds and have primary responsibility for the payment of principal and interest on the Notes. The Notes will be fully and unconditionally guaranteed by Brookfield Infrastructure and certain of its key holding subsidiaries. The Notes will be issued pursuant to a base shelf prospectus dated November 23, 2018 and a related prospectus supplement and pricing supplement to be dated October 3, 2019.

  • GlobeNewswire

    Poseidon Water Congratulates the National Alliance for Water Innovation (NAWI) Team on $100M DOE Desalination Hub

    Poseidon Water is proud to be part of the National Alliance for Water Innovation (NAWI) Team that was selected to receive $100 million in funding from the U.S. Department of Energy (DOE) to establish a new Energy-Water Desalination Hub.  The Hub’s purpose is to advance state-of-the-art technology and research in desalination.  Poseidon is a national leader in the development of water supply and treatment projects using a public-private partnership approach and manages the award-winning Claude “Bud” Lewis Carlsbad Desalination Plant. Headquartered at Lawrence Berkeley National Laboratory (LBNL) in Berkeley, California, NAWI was created in 2017 to support the U.S. Department of Energy’s Energy-Water Desalination Hub. Along with co-founding laboratories Oak Ridge National Laboratory in Tennessee and the National Renewable Energy Laboratory in Colorado, NAWI brings together a world-class team of industry and academic partners to examine the critical research needed to radically lower the cost and energy consumption required for desalination.

  • GlobeNewswire

    Brookfield Infrastructure Announces Unit Split and Creation of an Exchange Corporation

    Brookfield Infrastructure’s Board of Directors intends to distribute to existing unitholders, on a tax-free basis, class A shares of the new corporation, Brookfield Infrastructure Corporation (“BIPC”). The class A shares will be structured with the intention of being economically equivalent to units of BIP, including identical distributions. The class A shares are intended to allow investors the ability to own the equivalent economic exposure to BIP, including identical distributions, through a traditional corporate structure.

  • When Does Market Timing Actually Work? - September 24, 2019
    Zacks

    When Does Market Timing Actually Work? - September 24, 2019

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • 3 Top Stocks With High Dividend Yields
    Motley Fool

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    These companies pay more than double the market’s average.

  • 7 Well-Positioned Oil Stocks in Today’s Trading Environment
    InvestorPlace

    7 Well-Positioned Oil Stocks in Today’s Trading Environment

    Thanks to a seemingly endless supply of oil coming from the Permian Basin of Texas and other places, oil and gas prices, and often oil stocks, have struggled to gain traction. While the price of crude oil remains above $50 per barrel, natural gas prices have fallen below $2.50 per 1000 British thermal units (BTUs).The companies hurt the most are the exploration & production (E&P), or "upstream" firms, which depend most heavily on high oil prices. Since all they do is drill and sell raw product, revenues move up and down with market prices. However, low prices do not necessarily make life easy for the "midstream" companies who transport oil and gas or the "downstream" firms who must refine and sell. Hence, oil stocks in general have suffered as they continue to overproduce. * 7 Deeply Discounted Energy Stocks to Buy However, such conditions have created buying opportunities in many oil stocks. For those with an eye for bargains and the courage to speculate like an oil driller, some investors will set themselves up for a gusher of profits long-term. These stocks to buy could lead investors to such a windfall.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Brookfield Infrastructure Partners (BIP)Source: Shutterstock Brookfield Infrastructure (NYSE:BIP) has become one of the more diversified oil stocks, in this case, diversified by industry. It invests in what it calls the "backbone of today's global economy."The company's assets go well beyond pipelines. It also owns transport assets for utilities, energy, transportation, and data. They own assets spread across the globe, keeping them diversified by both industry and geography.In the past, the company had grown by acquisition. Now, it continues to churn assets to buy assets it believes will produce higher returns. It also wants to focus more on organic growth.At a forward price-to-earnings (PE) ratio of almost 28.7, it might appear expensive. However, this is also a company expected to generate an earnings growth rate of 159.3% this year. Admittedly, the emphasis on organic growth will slow that down in future years. However, that slower growth will bring cash flows, which should fuel the dividend higher.Aside from a years-long pattern of slow but steady price growth, the dividend also makes BIP stock a lucrative choice. Its annual payout of $2.01 per share yield around 4.28%. The company has also hiked this payout for nine consecutive years. With this generous dividend and the ever-increasing dependence on these pipeline transport, BIP should continue as a reliable source of stock price growth and cash flow. Cheniere Energy (LNG)Source: Shutterstock Arguably, no company defines technological change for oil stocks more than Cheniere (NYSEAMERICAN:LNG). Their growing network of export terminals turned natural gas exports from a hemispheric to a global industry.Many call the U.S. the "Saudi Arabia of natural gas." Thanks mostly to Cheniere, America's abundant natural gas supplies can now reach the world. Natural gas prices in the European Union had often reached levels three times higher than in the U.S. Now in Europe, natural gas trades for around $3.60 per 1000 BTUs. One year ago, that price had crossed the $9.50 per 1000 BTUs level. Access to natural gas from North America played a significant role in this decline. * 7 Tech Industry Dividend Stocks for Growth and Income Despite this improvement, LNG stock has struggled for years. Today, the forward PE ratio stands at about 19.6. This is due to falling profits for the year. However, next year, Wall Street expects a turnaround. Analysts forecast a 90.9% earnings increase for fiscal 2020. They also foresee profit growth averaging 29.3% per year over the next five years. As Cheniere helps to bring low-priced natural gas to the rest of the world, it should finally return LNG stock to a pattern of growth. Chevron Corporation (CVX)Source: Shutterstock In an environment of falling prices, large oil stocks such as Chevron (NYSE:CVX) tend to stand out. Chevron is one of the larger and more diversified oil stocks. While lower oil prices hurt the bottom line, they also operate midstream and downstream segments than can still deliver profits.For one, its 33-year string of annual dividend increases shows the company can produce returns in just about any price point for oil. The current payout of $4.76 per share provides a return of just over 4%. Moreover, the forward PE ratio of 14 remains well below the average multiple of 30 it maintained over the previous five years.Admittedly, if not for the dividend, CVX stock would make much fewer stocks to buy lists. It has seen no net price growth over the last five years. Also, losing its bid to buy Anadarko Petroleum (NYSE:APC) to Occidental Petroleum (NYSE:OXY) caused further frustration.Even though it operates in green-focused California, almost all of the world, California included, remains heavily dependent on fossil fuels. At some point, energy prices will turn around. When that happens, CVX stock will follow its peers higher. Chevron will serve those investors well who want to collect dividends now and reap stock price growth later. Encana (ECA)Source: Shutterstock Few oil stocks have suffered as much as Canadian driller Encana (NYSE:ECA). Encana traded near the $100 per share level as late as 2008. However, the financial crisis began a slide that even the 2013-2014 boom in oil prices could not stem. By 2015, it had fallen below $10 per share. With natural gas prices depressed, it now trades at around $4.50 per share.ECA stock has become risky. Profit growth will likely fall this year, and it will probably register modest growth. Moreover, due to the massive declines over the years, the market cap has fallen to $6 billion. That appears dangerous for a company that holds about $8.3 billion in long-term debt. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off However, the tide for ECA stock could finally turn soon. Despite industry conditions, Wall Street expects the company to deliver its third consecutive annual profit this year. Moreover, analysts forecast average growth of 37.7% per year over the next five years. Investors who purchase now will buy this growth at around 5.9 times forward earnings. As a burgeoning natural gas export industry helps to foster a recovery, it could easily take ECA stock with it. ExxonMobil Corporation (XOM)Source: Jonathan Weiss / Shutterstock.com Much like the aforementioned case for Chevron, ExxonMobil (NYSE:XOM) serves as one of the safer oil stocks in the current price environment. XOM operates in all segments of the oil and gas industry. As such, their diversification insulates the equity from wild oil price fluctuations. Although higher energy prices help, XOM stock tends to remain profitable even when it struggles to gain pricing power.No other metric reflects this underlying strength better than the dividend. The XOM payout has risen for 36 consecutive years, and in that time, oil prices have not fallen low enough to stop this payout. At $3.48 per share, stockholders receive a return of just over 5% from the payout alone.To be sure, the price of XOM stock has seen a steady decline. However, fundamentals may turn that around soon. It currently supports a forward PE ratio of just under 14.5. That multiple has averaged 21.9 over the last five years. Moreover, analysts expect the 29.9% profit decline this year to turn into a 38% increase next year. They also forecast average growth at or near double-digit levels in future years.At its current level, XOM stock will not make anyone rich. However, it looks well-positioned to both keep investors wealthy and provide a little cash flow. Liberty Oilfield Services (LBRT)Source: Shutterstock Liberty (NYSE:LBRT) provides hydraulic fracturing and other engineering services that enhance well production. It operates in some of the hottest fields including the Permian Basin, the Eagle Ford Shale, the Williston Basin, and several others.The company has existed since 2011. It is also one of the newer oil stocks, as it began trading in January 2018. LBRT debuted strong when it first opened at $17 per share. It briefly spiked as high as $23.51 per share later that year. Unfortunately, falling prices have weighed on the stock over the last year, and it now trades at around $10.75 per share.Wall Street expects profits to fall by 32.8% this year. The company has responded by slowing expansion and improving efficiency and utilization. * 10 Marijuana Stocks That Could See 100% Gains, If Not More Consequently, they also predict earnings will reverse course next year and increase by 10.6%. They also think it will lead to an average growth rate of 37% per year over the next five years. Right now, investors can buy this growth for about eight times forward earnings. Moreover, debt levels remain but manageable and modest compared with peers. Once the industry sees price recovery, LBRT stock should see a disproportionate benefit. Phillips 66 (PSX)Source: Shutterstock Phillips 66 (NYSE:PSX) operates as a midstream oil and gas company, who also operates in the chemicals, refining, and marketing industries. Like many oil stocks, it has fallen over the last year along with oil and gas prices.However, this has also left PSX stock trading at just under 9.5 times forward earnings. Moreover, Wall Street forecasts that profits will rebound in fiscal 2020, growing by 31.9%. This expansion should continue as the company adds both storage and pipeline capacity, especially in the Permian Basin, Oklahoma, and along the Texas Gulf Coast. New petrochemical facilities in both Texas and Qatar should also enhance that growth.Investors can also benefit from a stable dividend. The payout, now at $3.60 per share, yields 3.65%. Moreover, this payout has increased for seven years. Even the massive decline during the 2014-2016 oil price bust did not stop dividend increases. Hence, the price decreases the industry sees now should not stop payout increases.PSX stock may languish in the near term due to a lack of traction on oil and gas prices. However, as the industry recovers, Phillips 66 will continue to play a crucial and more significant role in bringing oil and gas to market.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 7 Well-Positioned Oil Stocks in Today's Trading Environment appeared first on InvestorPlace.

  • Brookfield Infrastructure Partners' Patience Continues to Pay Dividends
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