|Bid||28.70 x 2900|
|Ask||29.00 x 2900|
|Day's Range||28.71 - 28.98|
|52 Week Range||23.33 - 30.05|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||15.13|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||1.74 (5.98%)|
|1y Target Est||33.59|
Kinder Morgan’s Q1 Results Were a Mixed Bag for Investors(Continued from Prior Part)Kinder Morgan’s debtIn this part, we’ll discuss two negative aspects of Kinder Morgan’s (KMI) Q1 results. The first is the rise in its net debt. Kinder
Kinder Morgan’s Q1 Results Were a Mixed Bag for InvestorsKMI’s earnings rose Kinder Morgan (KMI) reported its first-quarter results after the markets closed yesterday. The first positive thing about Kinder Morgan’s Q1 results is that its EPS
Enterprise Products Partners (EPD) closed at $28.87 in the latest trading session, marking a -1.23% move from the prior day.
Navigator Holdings Ltd. (NVGS), the U.K.-based operator of liquefied gas carriers, was recently in the news after good earnings results and a ratings upgrade from Morgan Stanley. The company had a rough 2018 with the adverse impact of the U.S.-China trade dispute resulting in a couple of loss-making quarters and an eventual plummet in stock price. While the recent upgrade, coupled with some positive words by management in their earnings call, have increased investor optimism and the share price, its future does not appear rosy enough for long-term investors.
Income investors are naturally attracted to Master Limited Partnerships, or MLPs. Enterprise Products and Energy Transfer have yields of 5.9% and 7.8%, respectively, which makes them very attractive for income investors. Of course, investors should care just as much -- or more -- about sustainability of a distribution rather than simply the yield itself.
These two high-yield limited partnerships are working toward brighter days. Is one a better buy than the other, or are they equally interesting?
The Zacks Analyst Blog Highlights: McDonald's, Enterprise Products Partners, Charles Schwab, BB&T and Humana
The Texas House of Representatives passed a bill April 9 expending the life of the Texas Economic Development Act. HB 2129, which pushes the expiration date of Texas Tax Code Chapter 313 back to 2032, passed a House vote 115 to 28, according to the House documentation for that day. It still needs Texas Senate approval before it can become effective.
What to Expect from Kinder Morgan’s Q1 Earnings Results(Continued from Prior Part)Recommendations for KMIAround 76% of Reuters-surveyed analysts have rated Kinder Morgan (KMI) as a “buy” or a “strong buy” as of April 9. The company is
What to Expect from Kinder Morgan’s Q1 Earnings Results(Continued from Prior Part)KMI’s year-to-date rise Kinder Morgan (KMI) stock has posted impressive gains in 2019, outperforming many of its peers. Enterprise Products Partners (EPD) and
CROSBY, Texas/WASHINGTON, April 10 (Reuters) - President Donald Trump signed two executive orders in the heart of the Texas energy hub on Wednesday targeting the power of states to delay natural gas, coal and oil projects as he looks to build support ahead of next year's election. Trump's orders direct his Environmental Protection Agency to change a part of the U.S. clean water law that has allowed states to delay projects on environmental grounds. New York has delayed pipelines that would bring natural gas to New England, for example, and Washington state has stopped coal export terminals.
In the latest trading session, Enterprise Products Partners (EPD) closed at $29.06, marking a -0.7% move from the previous day.
What to Expect from Kinder Morgan’s Q1 Earnings Results(Continued from Prior Part)Kinder Morgan’s first-quarter revenue Analysts expect Kinder Morgan’s (KMI) revenue to rise 8% in the first quarter compared to its previous year’s revenue.
President Donald Trump will issue two executive orders in the heart of the Texas energy hub on Wednesday seeking to speed gas, coal and oil projects delayed by coastal states as he looks to build support ahead of next year's election. Trump's orders will direct his Environmental Protection Agency to change a part of the U.S. clean water law that has allowed states, on the basis of environmental reasons, to delay projects such as pipelines to carry natural gas to New England and coal export terminals on the West Coast. Trump will issue the orders at a training center for union members in the petroleum industry in Houston, an event sandwiched between fundraising events in Texas for the 2020 campaign.
The following large-cap companies announced quarterly dividends on April 8. Shares of Ford Motor Co. (NYSE:F) were down 0.11% to $9.29 in after-hours trading following the announcement of a quarterly dividend of 15 cents per share for the second quarter of 2019. On June 3, the Dearborn, Michigan-based carmaker will pay the dividend to its shareholders of record as of April 24.
Enterprise's (EPD) strong presence in North America's midstream energy businesses backs the partnership's consistent returns to limited partners.
Enbridge: Why Income Investors Are Attracted to the Stock(Continued from Prior Part)Enbridge’s valuationEnbridge (ENB) is trading at a forward EV-to-EBITDA multiple of ~13.2x. The EV-to-EBITDA multiple is slightly lower than the company’s
Enterprise Products Partners L.P. announced today that it will host a meeting with securities analysts and investors on Wednesday, April 10, 2019 at 8 a.m. CDT in Houston.
Enterprise Products Partners L.P. (EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the first quarter of 2019 to $0.4375 per common unit, or $1.75 per unit on an annualized basis. The quarterly distribution will be paid Monday, May 13, 2019, to unitholders of record as of the close of business Tuesday, April 30, 2019. This distribution, which represents a 2.3 percent increase over the distribution declared with respect to the first quarter of 2018, is the partnership’s 59th consecutive quarterly distribution increase.
These two high-yield partnerships both have exciting prospects. Which is the better buy is a tough decision -- here's a primer to help you decide.