|Bid||14.00 x 800|
|Ask||15.66 x 1800|
|Day's Range||14.12 - 14.61|
|52 Week Range||12.31 - 19.27|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||12.80|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||1.27 (8.68%)|
|1y Target Est||16.91|
Moody's Investors Service ("Moody's") affirmed Southeast Supply Header, LLC's (SESH) Baa2 senior unsecured rating and changed the outlook to negative from stable. "Southeast Supply Header's negative outlook reflects the approaching 2020 expiration of its largest contract, a material credit negative that could result in significantly weaker financial metrics starting in late 2020, barring successful capacity re-contracting at similar terms ", said Moody's Analyst Lesley Ritter. A failure to renegotiate SESH's largest customer contract, a 500,000 Dth/d capacity contract with Florida Power and Light Company (FPL, A1 stable), by September 2020 would have a substantial negative impact since the capacity represents about 46% of total pipeline capacity and 50% of total revenues.
What Happened in the Midstream Sector Last Week?(Continued from Prior Part)J.P. Morgan downgraded Cheniere Energy Partners On February 22, J.P. Morgan cut its rating for Cheniere Energy Partners (CQP) from “overweight” to “neutral.” Among the
MLPs and Midstream Stocks Rose Last Week(Continued from Prior Part)Rating updatesOn February 11, Stifel cut its rating for Phillips 66 Partners (PSXP) from “buy” to “hold.” However, Stifel raised its target price for the stock from $50 to
NEW YORK, NY / ACCESSWIRE / February 19, 2019 / Enable Midstream Partners LP (NYSE: ENBL ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 19, 2019 ...
OKLAHOMA CITY-- -- Achieved an all-time high for quarterly natural gas gathered, natural gas processed and crude oil and condensate gathered volumes Increased net income attributable to limited partners, Adjusted EBITDA and distributable cash flow for fourth quarter and full-year 2018 compared to fourth quarter and full-year 2017 Exceeded full-year 2018 outlook for net income attributable to common ...
Enable Midstream Partners, LP announced that the board of directors of its general partner declared today a quarterly cash distribution of $0.318 per unit on all outstanding common units for the quarter ended Dec.
NEW YORK, Feb. 07, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM), which has a major Houston presence, and state-run Qatar Petroleum are moving forward on a $10 billion liquefied natural gas export project along the Gulf Coast. The export project will be built at the existing Golden Pass LNG facility in Sabine Pass, Texas, according to a Feb. 5 press release from the joint venture, Houston-based Golden Pass Products LLC. Construction is slated to begin in the first quarter of 2019, per the release. The project is expected to create about 9,000 jobs during construction and more than 200 permanent jobs once the facility is operational. A joint venture between Houston-based McDermott International Inc. (NYSE: MDR), San Antonio-based Zachry Group and Chiyoda International Corp., which has its U.S. base in Houston, was awarded the engineering, procurement and construction contracts, per the release. Golden Pass also inked a 20-year cornerstone shipper commitment of 1.1 billion cubic feet per day with Oklahoma City-based Enable Midstream Partners (NYSE: ENBL), which is developing the Gulf Run Pipeline to feed the new export facility.
Enable Midstream Partners, LP today announced that an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project. Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil.
DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
Enable Midstream Partners, LP (ENBL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Enable Midstream Partners, LP today announced that it has entered into a $1 billion three-year unsecured term loan agreement. Enable has initially borrowed $200 million under the agreement, and a delayed-draw feature provides Enable the flexibility to make up to $800 million in additional borrowings for up to 180 days from Jan.
Moody's Investors Service ("Moody's") today downgraded the long-term ratings of CenterPoint Energy, Inc. (CenterPoint) including its Issuer rating to Baa2 from Baa1, senior unsecured rating to Baa2 from Baa1, subordinated debt rating to Baa3 from Baa2 and preferred stock rating to Ba1 from Baa3 while affirming its Prime-2 short term rating for commercial paper and A1 senior secured revenue bonds. The rating outlook for CenterPoint was changed to stable from negative.
Your Energy Review for the Week Ended January 25(Continued from Prior Part)Energy stocks Between January 18 and January 25, oilfield services stock Weatherford International (WFT) rose the most among the energy stocks under review in this series,
Enable Midstream Partners, LP will release fourth quarter and year-end 2018 financial results before market hours Tuesday, Feb. 19, and will host a conference call at 10 a.m.
Your Energy Review for the Week Ended January 18(Continued from Prior Part)Energy stocks Between January 11 and January 18, upstream stock Laredo Petroleum (LPI) fell the most among our set of selected energy stocks, which include the following
7 MLPs Offering a Yield above 7%MLPs offering high yieldsMLPs are performing well in 2019. In this series, we’ll take a look at MLPs trading at a yield higher than 7%. These MLPs all have a market capitalization of more than $5 billion. Our list
Enable Midstream Partners, LP (ENBL) announced that Craig Harris has assumed the position of chief operating officer. It is one of several organizational changes, which include the addition of new leadership roles designed to further strengthen the company’s position as a leader in the midstream sector.
To receive further updates on this Enable Midstream Partners, LP (NYSE:ENBL) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of Power Options Weekly today. This morning I am recommending a bullish trade on Enable Midstream Partners, LP (NYSE:ENBL). In fact, this has been the worst December performance for the stock market since 1931.
On December 7–14, midstream stock Enable Midstream Partners (ENBL) gained the most on our list of energy stocks. The Alerian MLP ETF (AMLP) was the only gainer among major energy subsector ETFs during this period, which we discussed in the previous part.
So far in this series, we’ve discussed how some MLPs are trading at attractive yields. Another partnership trading at a high yield is Tallgrass Energy (TGE). It’s currently trading at a yield of ~9.7%. Tallgrass Energy raised its distribution sequentially by 2.5% in Q3. Its dividend coverage for the quarter was 1.28x. The stock has fallen ~14% year-to-date.
Company continues record of delivering operational results, customer benefits OKLAHOMA CITY , Nov. 8, 2018 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), the parent company of Oklahoma Gas and Electric ...