|Bid||61.58 x 800|
|Ask||61.63 x 900|
|Day's Range||61.02 - 62.22|
|52 Week Range||54.25 - 72.90|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||10.55|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||3.99 (6.58%)|
|1y Target Est||68.11|
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
U.S. energy development could be the single most important driver of economic growth in America over the next 25 years. The idea that the U.S. has become one of the largest oil and gas producers in the world will continue to drive investment and prosperity well beyond just the oil fields.Source: Shutterstock Capital expenditures and investments should continue to swell, resulting in numerous other industries thriving on demand for equipment and technologies to expand production and efficiencies. And the expansion will mean more jobs and rising consumer demand -- fueling the economy towards further growth. In November 2017, the International Energy Agency (IEA) issued a forecast that U.S. crude-oil production will soar to 17 million barrels a day by 2030 from the current 11.9 million barrels per day. And the U.S. Energy Information Agency recently forecast that the U.S. will become a net oil exported by 2021. Click to Enlarge Source: U.S. Department of Energy & Bloomberg Now, this is not without the risk of supplies threatening prices. But as we seem to see, even with lower crude prices in prior years of 2015-2016, shale field efficiencies continue to improve. This means the cost of lifting oil and gas out of the ground could be much lower than in the last decade. Aiding prices though is the continued proof of the Organization of Petroleum Exporting Countries Plus Russia (OPEC+) reducing production per their agreement. The proof comes from tracked shipping from member nations.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut while there are opportunities in the production or upstream segment of the market, there's another area that shows lower potential price and supply risk than producers. * 10 Best ETFs for 2019: A Close Race at the Front My favorite part of the energy sector, which enjoys a collection of stocks in my Profitable Investing model portfolios, is the pipeline and storage terminal business. These outfits operate a steady, utility-like "toll taker" business -- still sensitive to the price of oil and gas, but not to the same extent as a producer or refiner who buys or sells crude would be.And my favorite among the pipeline companies are master limited partnerships (MLPs). With their rich quarterly cash payouts and tax advantages, MLPs are a kind of "wealth in the ground" investment.However, there are certain tax complications if you own MLPs directly. Limited partnerships send you a K-1 form at tax time instead of the usual 1099 for dividends. The K-1 is a fairly straight-forward document that for a long time, many investors needed the help of a professional tax preparer to help place all the numbers in the right slots on their returns. However, most tax software programs these days make K-1 forms pretty much plug and play.Furthermore, I don't recommend holding individual MLPs inside a tax-sheltered retirement account. Because of a quirk in the tax law, Uncle Sam may deem part of your MLP earnings to be Unrelated Business Taxable Income (UBTI). Inside a retirement account (yes, even a Roth IRA), you'll owe income tax on any UBTI credited to you above $1,000 a year.The solution to both of these problems is to invest in MLP funds -- particularly closed-end funds, but also some open-end funds and exchange-traded funds (ETFs) that are not partnerships themselves, but corporations that invest in partnerships (and, as such, pay taxes, but at the reduced corporate level, as do most ETFs).One MLP fund that has been a longtime Profitable Investing favorite of mine is the Alerian MLP ETF (NYSE:AMLP), which delivers exposure to the Alerian MLP Infrastructure Index, a capitalization-weighted composite of MLPs in the storage terminal and pipeline businesses. AMLP is unleveraged and totally eligible for IRAs and will give you a shot at earning exceptional returns from a deeply undervalued market sector -- you're looking at nearly an 8% current yield from exposure to a multiple of leading U.S. MLPs.And over the past trailing year alone, the ETF has generated a total return of 18.12%. Click to Enlarge Source: Bloomberg The largest holding in AMLP is Enterprise Products Partners (NYSE:EPD), a holding in my flagship Total Return Portfolio, also acknowledged as one of the strongest and safest pipeline partnerships, and another MLP that increased its quarterly distributions on average by nearly 5% per year over the past five years (it has either maintained or increased them for more than 50 quarters in a row). And the stock is a particularly good bargain as it's trading at a mere 1.7 times trailing revenues and just a bit more than twice its book value, which, given the limitations for new construction, makes it even more compelling to own. * 7 Energy ETFs That Could Be Running Out of Fuel Another of the largest holding is Magellan Midstream Partners, L.P. (NYSE:MMP), a stock in my Incredible Dividend Machine income portfolio -- a superbly managed pipeline partnership with a rock-ribbed balance sheet that managed strong business momentum and a 12% increase in its payout over the past five years (a period of severe testing for the oil-and-gas industry). The company has wide operating margins at over 42%, making for great efficiency. And the debts are controlled at only 6% of assets.If you're an investor with a time horizon of three to five years, or longer, I think you'll be very pleased with the returns you chalk up on high-quality energy assets purchased at today's bargain prices in the Alerian MLP ETF.You'll be receiving a near 8% yield on your investment while you're watching your shares of the ETF appreciate in value as the U.S. petroleum market further develops and expands.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post Why Alerian MLP Is the High-Yield ETF Everyone Should Own Now appeared first on InvestorPlace.
Midstream Stocks Outperformed Broader Markets in Q1(Continued from Prior Part)Top yields Despite handsome gains in the first quarter, midstream stocks continue to offer attractive yields for income investors. Among the stocks with a market
Midstream Stocks Outperformed Broader Markets in Q1(Continued from Prior Part)Stocks that generated the highest returns NGL Energy Partners (NGL) generated total returns, including price appreciation and dividends, of ~50% in the first quarter. The
TULSA, Okla. , April 3, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for first quarter 2019 before the market opens on Wed., May 1 . Management ...
Magellan Midstream Partners (MMP) and Navigator Energy Services extend the open season for the planned Voyager Pipeline. This will provide additional time to potential shippers to confirm commitments.
Magellan Midstream Partners LP will evaluate adding a new origin point near Midland, Texas, as it extends an open season of its proposed Voyager crude pipeline from the Cushing, Oklahoma storage hub to Houston, the company said on Friday.
TULSA, Okla. and DALLAS, March 29, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (MMP) and Navigator Energy Services announced today an extension of the open season to solicit commitments from shippers for the proposed Voyager Pipeline, to transport various grades of light crude oil and condensate from Cushing, Oklahoma to Houston, Texas. Binding commitments are now due by 12:00 p.m. Central Daylight Time on May 31, 2019. The extension provides these shippers additional time to finalize their commitments across multiple pipelines and evaluate a new origin point near Midland, Texas.
TULSA, Okla., March 27, 2019 /PRNewswire/ -- Magellan Midstream Partners, L.P. (MMP) announced today that Aaron Milford has been promoted to chief operating officer effective May 1. Milford previously served as chief financial officer for Magellan. In this newly-created position, Milford will have overall responsibility for the operations, commercial, engineering and information technology aspects of the business.
Weekly Wrap-Up: Midstream Stocks Continue to RiseMidstream stocks riseTop midstream stocks continued to rise for the second week in a row last week. Enterprise Products Partners (EPD), Williams Companies (WMB), and ONEOK (OKE) each rose more than 3%
Moody's Investors Service ("Moody's") has today affirmed the B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR) of LBC Tank Terminals Holding Netherlands BV ("LBC"), the holding company of LBC Tank Terminals group. Concurrently, Moody's has affirmed the B3 rating of the $350 million senior unsecured notes due 2023. The proposed amendment would result in (i) an extension of their tenor to May 2022 from May 2020, including a margin reset, (ii) an increase of the senior secured CAPEX facility by $100 million to around $200 million and Moody's expectation that the proceeds will be used to partially fund the ongoing expansion plan, as well as (iii) the corresponding amendment of the senior secured facilities covenants.
HENDERSON, NV / ACCESSWIRE / March 22, 2019 / Worldwide oil demand has been steadily climbing for years and it recently topped 100 million barrels per day (BPD) for the first time in history, according ...
Smart investors know to be brave when others are wary. The company, which is a master limited partnership (MLP), makes money from charging oil drillers and others to move crude and refined products, such as gasoline, through its pipeline network. Investors should consider buying the stock because it is inexpensive, offers a historically high dividend yield and there's a chance that the company's earnings will get a boost later this year.
These Motley Fool contributors think this high-yielding MLP and two renewable yieldcos could power some big-time total returns in the coming years for investors who buy this month.
What to Expect from Enterprise Products Partners Stock(Continued from Prior Part)Yield spreadEnterprise Products Partners (EPD) is trading at a yield of ~6.2%, which is ~380 basis points higher than the US ten-year Treasury yield. Interestingly,
What to Expect from Enterprise Products Partners StockEPD’s stock priceIncome investors generally find Enterprise Products Partners (EPD) attractive due to its yield and lower risk. Enterprise Products Partners’ yield forms an important part of
Midstream Sector Indicators: Analyzing Key Trends(Continued from Prior Part)Top “buy” recommendations Enterprise Products Partners (EPD) and MPLX (MPLX) are among the top midstream stocks with the most “buy” or “strong buy”
Midstream Stocks Outperformed Broader Markets Last WeekMidstream stocks last week Midstream stocks and MLPs broadly outperformed the broader markets last week. The Alerian MLP Index was flat while the S&P 500 Index fell 2.2% for the week. US
Midstream Sector Indicators: Analyzing Key Trends(Continued from Prior Part)Midstream yields So far, the midstream indicators discussed in this series look positive for the midstream sector. Now, we’ll discuss the attractive yields that these