|Bid||28.03 x 2900|
|Ask||28.04 x 900|
|Day's Range||27.98 - 28.22|
|52 Week Range||23.10 - 29.65|
|PE Ratio (TTM)||20.66|
|Earnings Date||Aug 1, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.71 (6.09%)|
|1y Target Est||31.60|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after US lawmakers introduced a bill that would let the government sue OPEC on antitrust grounds. The bill is appropriately called the "No Oil Producing and Exporting Cartels Act," or NOPEC. Here's the performance of energy stocks of the S&P 500 Index as of 10:30 am ET: XEC Cimarex Energy 2.77% HP Helmerich & Payne 1.29% BHGE Baker Hughes a GE Co Cl A 1.17% CXO Concho Resources Inc 0.82% COG Cabot Oil & Gas Corp 0.57% NFX Newfield Exploration 0.17% DVN Devon Energy 0.19% OKE Oneok Inc -0.22% APA Apache Corp -0.33% EOG EOG Resources -0.38% XOM Exxon Mobil -0.38% RRC Range Resources -0.37% CVX Chevron Corporation -0.62% WMB Williams Companies -0.66% COP ConocoPhillips -0.76% APC Anadarko Petro -0.80% PSX Phillips 66 -0.79% ANDV Andeavor -0.86% NBL Noble Energy -0.97% EQT EQT Corporation -0.97% VLO Valero Energy -0.96% HES Hess Corporation -1.04% MPC Marathon Petro Corp -1.06% OXY Occidental Petro -1.17% MRO Marathon Oil Corp -1.13% FTI(HB) TechnipFMC plc -1.21% NOV National Oilwell Varco Inc -1.55% HAL Halliburton Co -1.59% SLB Schlumberger Ltd -2.27% PXD Pioneer Natural Resources -2.78% FANG Diamondback Energy Inc 2.94% ATO Atmos Energy Corp 1.50% UGI UGI Corp 0.92% RSPP RSP Permian Inc 0.83% CQH(HB) Cheniere Energy Partners LP 0.43% EQGP EQT GP Hldgs LP 0.38% CNQ Canadian Natural Resources 0.27% EGN Energen Corp 0.27% SHLX Shell Midstream Partners LP 0.23% AR Antero Resources Corp 0.15% YPF(HB) YPF Sociedad Anonima ADS 0.15% ENBL Enable Midstream Partners LP -0.12% VVC Vectren Corp -0.15% MMP Magellan Midstream Partners LP -0.22% CLR Continental Resources Inc -0.19% PAA(HB) Plains All American Pipeline -0.24% ETP(HB) Energy Transfer Partners LP -0.27% WGP(HB) Western Gas Equity Partners LP -0.34% TRGP Targa Resources Corp -0.51% EQM EQT Midstream Partners LP -0.54% ANDX(HB) Andeavor Logistics LP -0.55% WES Western Gas Partners LP -0.57% WPZ Williams Partners LP -0.59% EPD Enterprise Products Partners -0.60% BPL Buckeye Ptnrs L.P. -0.61% CQP Cheniere Energy Partners LP Un -0.67% EEP Enbridge Energy Ptnrs L.p. -0.75% CVE Cenovus Energy Inc -0.74% DCP(HB) DCP Midstream LP -0.74% PE Parsley Energy Inc -0.86% HFC HollyFrontier Corporation -0.86% PAGP(HB) Plains GP Hldgs L.P Cl A -0.83% SEP Spectra Energy Partners -0.85% AM(HB) Antero Res Midstream LLC -0.88% TRP Transcanada Corp -0.93% E(HB) Eni S.P.A. ADS -0.95% BP BP P.L.C. ADS -1.01% ETE Energy Transfer Equity L.P. -1.11% SU Suncor Energy (New) -1.18% ENB Enbridge Inc -1.18% PSXP(HB) Phillips 66 Partners LP -1.43% ENLK Crosstex Energy LP -1.36% ECA EnCana Corporation -1.45% EC Ecopetrol S.A. -1.61% IMO Imperial Oil Ltd -1.63% MPLX MPLX LP -1.66% TOT Total 'B' ADS -1.89% PBR Petroleo Brasileiro S.A. ADS -2.05% UGP Ultrapar Participacoes SA ADS -2.08% PTR(HB) Petrochina Co Ltd ADR -2.22% CEO(HB) CNOOC Ltd ADS -2.64% LNG Cheniere Energy -2.87%
Kinder Morgan (KMI) fell 0.5% in the week ending June 15. The stock outperformed Enterprise Products Partners (EPD) and ONEOK (OKE), which fell 4.0% and 1.0%, respectively, last week. The Energy Select Sector SPDR ETF (XLE) fell 3.6% during the same period. Crude oil prices fell 1.0% during the week. To learn about the latest factors driving crude oil prices, read Crude Oil Futures Might Extend the Recent Rally.
Meanwhile, a small group of “hidden yield” stocks are quietly handing smart investors growing income streams PLUS annual returns of 12%, 17.3%, or more. See, everyone wants dividend stocks with good current yields. You have to do more work to figure out if those yields are actually supported by the company’s cash flows, earnings power, long-term business prospects, etc. You have to sift through the same company’s history to determine how long it’s been paying those dividends.
Enterprise Products Partners L.P. announced today that it will participate in investor meetings at the J.P. Morgan Energy conference Tuesday and Wednesday, June 19-20, 2018 in New York City.
So far, Targa Resources (TRGP) stock has fallen nearly 2% in 2018. In comparison, Kinder Morgan (KMI) has fallen 11%, ONEOK (OKE) has risen 26%, and Enterprise Products Partners (EPD) has risen 7% in 2018. The Energy Select Sector SPDR ETF (XLE) has risen 4% YTD (year-to-date). Targa Resources has underperformed ONEOK, Enterprise Products Partners, and XLE YTD.
Looking at the out-of-favor midstream sector for income stocks? This one has a low level of debt, a high yield, and a relatively cheap price.
Are Industry Trends Supportive of Plains All American Pipeline? The mean price target for Plains All American Pipeline provided by the analysts surveyed is $25.7. The stock is currently trading at $25.3.
Plains All American Pipeline (PAA) stock has risen nearly 19% so far in 2018. It has outperformed peers Enterprise Products Partners (EPD) and Magellan Midstream Partners (MMP) during the period.
Low-risk business model and long-term pipeline contract will likely support Enterprise Products' (EPD) strong earnings outlook.
Assessing Enterprise Products Partners LP.’s (NYSE:EPD) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has metRead More...
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ConocoPhillips, ...
The solid bull market run over the past several years has shifted investor interest away from quality stocks toward growth stocks, but those trends might reverse if the market should turn bearish. Investors who believe the positive trajectory of today’s market will soon come to a close have several investing options in quality stocks to turn to. Quality stocks have fared well over the past year, although not quite as well as growth stocks.
Kinder Morgan (KMI) is currently trading at a forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of ~10.1x. The stock’s multiple is lower than its five-year average of ~13.5x. Kinder Morgan’s multiple is also currently lower than those of many of its peers’.