The March MLP Monthly Report can be found here offering insights on MLP industry news, the asset class’s performance, yields, valuations, and fundamental drivers.
Here is a brief look at the February MLP Monthly Report, which offers insights on MLP industry news, the asset class’s performance, yields, valuations, and fundamental drivers.
Sunoco LP reported Q2 FY24 revenues of $6.17B, beating consensus of $5.82B. Adjusted distributable cash flow and EBITDA increased YoY, and EPS surpassed consensus. The company reaffirmed FY24 guidance and raised NuStar synergies.
Stifel analyst upgrades Sunoco LP to Buy and maintains price target of $62.00. Believes upcoming guidance could boost unit price, estimates EBITDA of $1.48B in FY24 and $1.79B in FY25.
Sunoco LP reported first-quarter FY24 results with revenues of $5.50B, exceeding consensus. Partnership increased distribution by 4% and revised FY24 guidance for adjusted EBITDA.
Pipeline operators Enterprise Product Partners, Energy Transfer, and MPLX are outperforming the broader market while also throwing off high dividend yields.
With energy supply uncertainty, the role of the midstream segment and the US shale industry is now firmly on investors’ radars. Rising rates also present midstream equities as an option, given their higher yields compared to other asset classes.
This year's stock market predictions emphasize being selective about choosing stocks. These seven cross-sector ideas could help investors generate lucrative returns in 2022.
Stocks are once again challenging all-time highs as the forward earnings estimates are being raised at a historically high rate in the wake of another impressive earnings season that blew away all consensus expectations.
