Enterprise Products Partners L.P. (EPD) reported strong third-quarter earnings, with adjusted EBITDA and EPS exceeding last year’s figures. However, the company missed revenue expectations and saw a contraction in its operating margins. Despite this, EPD remains optimistic about future growth, highlighted by its recent acquisition of Piñon Midstream and planned investments in Permian Basin infrastructure.
SolaX, a leading provider of solar inverters, has achieved significant milestones in its sustainability journey, obtaining TÜV Rheinland certifications and industry awards. This includes the Environmental Product Declaration (EPD) certification, showcasing the company’s commitment to eco-friendly practices and reducing its environmental impact.
On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended selling Petróleo Brasileiro S.A. – Petrobras (PBR) and buying Enterprise Products Partners L.P. (EPD), Recursion Pharmaceuticals, Inc. (RXRX), Casey’s General Stores, Inc. (CASY), and Broadcom Inc. (AVGO). Cramer called Cheniere Energy, Inc. (LNG) “terrific.” Price action: PBR rose 0.1%, EPD fell 0.3%, CASY fell 0.1%, RXRX rose 1.3%, LNG fell 1%, and AVGO gained 2%.
