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.
DT Midstream is set to release its quarterly earnings on October 29th, and investors are eager to see if the company can beat analyst expectations. This article provides a comprehensive analysis of DT Midstream’s performance, key financial metrics, and a comparison with its peers, giving investors valuable insights before the earnings announcement.
Enterprise Prods Partners is set to release its quarterly earnings on Tuesday, October 29th. Analysts predict an EPS of $0.68, but investors are keen to see if the company can surpass estimates and provide positive guidance for the next quarter. This article dives into the company’s recent performance, analyst sentiment, and key financial metrics to help investors navigate the upcoming earnings release.
The natural gas industry is experiencing a surge in demand, particularly from the data center sector, driving robust growth for midstream companies like Kinder Morgan, Williams Companies, and TC Energy. These companies are seeing strong earnings, increasing dividends, and share buybacks, making them attractive investments for income-seeking investors. With analysts bullish on their prospects, these stocks are poised for further gains.
Kinder Morgan, a leading midstream energy firm, is set to release its Q3 2024 earnings report on Wednesday, October 16th. Analysts predict an EPS of $0.27, with investors anticipating news of exceeding estimates and positive guidance for the upcoming quarter. This article delves into the company’s past performance, analyst sentiment, peer comparisons, and key financial metrics to provide insights for investors.
As geopolitical tensions in the Middle East escalate, driving up oil prices, midstream energy companies are proving their resilience. Their stable business models, anchored by long-term contracts, insulate them from short-term market fluctuations, allowing them to thrive even amidst uncertainty.
Producers Midstream, a portfolio company of Tailwater Capital, is constructing a new gas gathering, treating, and processing system in Lea County, New Mexico. This project involves relocating an existing cryogenic processing plant and installing new compression equipment to meet the growing needs of the Delaware Basin, one of the most active oil and gas producing regions in the United States.
Shell Pipeline Company LP and Triton West LLC, subsidiaries of Shell USA, Inc., have agreed to sell their 100% interest in the Sinco pipeline system and Colex terminal to Edgewater Midstream LLC. This move aligns with Shell’s strategy to simplify its portfolio and focus on projects with lower emissions.
Energy Transfer LP (ET) units have experienced significant growth this year, outperforming both its industry and the S&P 500. The company’s extensive pipeline network, strategic acquisitions, and focus on NGL exports position it favorably within the energy midstream sector. Additionally, increasing insider ownership and positive earnings estimates signal strong future prospects for the company.
EnLink Midstream has announced the pricing of $500 million in senior notes due 2034. The notes will be fully guaranteed by EnLink Midstream Partners, LP, and the proceeds will be used for general company purposes, including debt repayment and funding the purchase of preferred units.
