Tag Archives: PAGP

Hot Energy Stocks To Own For 2021

Birchcliff Energy (TSE:BIR) had its price objective upped by Industrial Alliance Securities from C$6.50 to C$7.00 in a research report released on Wednesday morning.

Several other research analysts have also commented on BIR. TD Securities raised their price objective on shares of Birchcliff Energy from C$6.00 to C$6.50 in a research note on Thursday, May 10th. Royal Bank of Canada raised their price objective on shares of Birchcliff Energy from C$5.00 to C$6.00 and gave the company an outperform rating in a research note on Thursday, May 10th. Canaccord Genuity raised their price objective on shares of Birchcliff Energy from C$6.50 to C$7.00 in a research note on Thursday, May 10th. Finally, Raymond James raised their price objective on shares of Birchcliff Energy from C$6.25 to C$6.75 in a research note on Thursday, July 5th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of C$7.54.

Hot Energy Stocks To Own For 2021: Phillips 66 Partners LP(PSXP)

Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids pipelines and terminals, as well as other transportation and midstream assets in the United States. Its principal assets include Clifton Ridge crude system, a crude oil pipeline, terminal, and storage system in Sulphur, Louisiana; Sweeny to Pasadena products system, a refined petroleum product pipeline, terminal, and storage system to distribute diesel and gasoline in Old Ocean, Texas; and Hartford Connector products system, a refined petroleum product pipeline, terminal, and storage system that distributes diesel and gasoline to third-party pipeline and terminal systems located in Hartford, Illinois. The companys principal assets also consist of Gold Line products system, a refined petroleum product pipeline system that includes 4 terminals located in Wichita, Kansas; Kansas City, Kansas; Jefferson City, Missouri; and Cahokia, Illinois. In addition, it operates 2 refinery-grade propylene storage spheres located in Medford, Oklahoma; Bayway Rail Rack, a 4-track and 120-rail-car crude oil receiving facility, which is located in Linden, New Jersey; Ferndale Rail Rack, a 2-track and 54-rail-car crude oil receiving facility that is located in Ferndale, Washington; Cross-Channel Connector project, a refined petroleum product pipeline, which provides shippers with a connection from Pasadena terminal to third-party systems with water access on the Houston Ship Channel; and Eagle Ford Gathering System project, which constructs a crude oil gathering system that consists of 2 pipelines and a storage facility in Helena and Tilden, Texas. Phillips 66 Partners GP LLC operates as the general partner of Phillips 66 Partners LP. The company was founded in 2013 and is headquartered in Houston, Texas.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Phillips 66 Partners LP (NYSE:PSXP) has been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $56.50.

  • [By Tyler Crowe]

    Data source: Enbridge.

    The highlights
    Enbridge closed all of the outstanding deals for its subsidiary partnerships, making it a single entity. Management announced it had secured three new major capital projects that will add CA$1.8 billion to its project backlog. These include the Gray Oak pipeline, a joint venture with Phillips 66 Partners (NYSE:PSXP) and Marathon Petroleum (NYSE:MPC), and several expansions of its gas transmission in the Gulf Coast region. It’s flagship project — the Line 3 replacement — got over a few more regulatory hurdles that allowed it to start the federal and Minnesota state permitting process. With construction ongoing in Canada, it expects to complete both the Canadian and U.S. portion of the line in the second half of 2019. The board of directors approved a 10% increase to its dividend in 2019 and anticipatesanother 10% increase in 2020. Management is projecting a 5% to 7% increase in distributable cash flow per share beyond 2020. In January after the end of the fourth quarter, financial rating agency Moody’s upgraded Enbridge’s senior unsecured debt. Management projects that net debt to adjusted EBITDA will be around 4.5 times for 2019 and lower for 2020.

    Image source: Getty Images.

  • [By Travis Hoium, Matthew DiLallo, and Todd Campbell]

    We asked three of our Foolish contributors for their top dividends today andPhillips 66 Partners (NYSE:PSXP), Las Vegas Sands (NYSE:LVS), andHess Midstream Partners (NYSE:HESM)were at the top of the list. And these are very different dividends indeed.

  • [By Tyler Crowe]

    Over the past few years, much of the company’s growth capital spending has been for its midstream segment. It appears the trend will continue in 2019. In the company’s capital budget for this year, it expects to spend about $2.9 billion. A little less than half of that will go toward midstream assets that include its investments in subsidiary master limited partnership Phillips 66 Partners (NYSE:PSXP). Management still believes that the greatest source of returns right now is increasing pipeline access from high-growth shale basins to major demand centers such as the U.S. Gulf Coast.

Hot Energy Stocks To Own For 2021: Plains Group Holdings, L.P.(PAGP)

Plains GP Holdings, L.P. (PAGP), incorporated on July 17, 2013, owns an interest in the general partner and incentive distribution rights (IDRs) of Plains All American Pipeline, L.P (PAA). The Company has no separate operating activities apart from those conducted by PAA. PAA owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. PAA conducts its operations through three segments: Transportation, Facilities, and Supply and Logistics. Through its three business segments, the Company is engaged in the transportation, storage, terminaling and marketing of crude oil, NGL and natural gas. The majority of its activities are focused on crude oil, which is the principal feedstock used by refineries in the production of transportation fuels.

Transportation Segment

The Company’s transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The transportation segment also includes equity earnings from its investments in entities that own the BridgeTex, Eagle Ford, White Cliffs, Frontier and Butte pipeline systems, as well as Settoon Towing, in which it owns interests. Additionally, the Company owns interests in entities that are constructing and developing pipeline systems, including Caddo, Diamond and Saddlehorn. The Company has a range of owned or, to a much lesser extent, leased long-term physical assets throughout the United States and Canada in this segment, including approximately 18,100 miles of active crude oil and NGL pipelines and gathering systems; over 30 million barrels of active, above-ground tank capacity used primarily to facilitate pipeline throughput; approximately 830 trailers (primarily in Canada), and over 140 transport and storage barges and approximately 64 transport tugs through its interest in Settoon Towing. The Company’s Crude Oil Pipelines in the United Sta! tes include Basin/Mesa/Sunrise, BridgeTex, Cactus, Permian Basin Area Systems, Eagle Ford Area Systems, Line 63/Line 2000, Bakken Area Systems, Salt Lake City Area Systems, White Cliffs, Capline, Pascagoula and Mid-Continent Area Systems. The Company’s crude oil pipelines in Canada include Manito, Rainbow System, Rangeland System and South Saskatchewan, and its NGL Pipelines in Canada includes the Co-Ed NGL Pipeline System.

Facilities Segment

The Company’s facilities segment operations consist of fee-based activities associated with providing storage, terminaling and throughput services for crude oil, refined products, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. The Company owns, operates or employs a range of long-term physical assets throughout the United States and Canada in this segment, including approximately 80 million barrels of crude oil and refined products storage capacity primarily at its terminaling and storage locations; approximately 25 million barrels of NGL storage capacity; approximately 100 billion cubic feet (Bcf) of natural gas storage working capacity; approximately 30 Bcf of owned base gas; over 10 natural gas processing plants located throughout Canada and the Gulf Coast area of the United States; a condensate processing facility located in the Eagle Ford area of South Texas with an aggregate processing capacity of approximately 120,000 barrels per day; over seven fractionation plants located throughout Canada and the United States with an aggregate net processing capacity of approximately 166,300 barrels per day, and an isomerization and fractionation facility in California with an aggregate processing capacity of approximately 15,000 barrels per day; over 28 crude oil and NGL rail terminals located throughout the United States and Canada; approximately six marine facilities in the United States with an aggregate load capacity of over 107,000 barrels per hour, including! vapor re! covery rates, and an aggregate unload capacity of approximately 182,000 barrels per hour, and over 1,100 miles of active pipelines that support its facilities assets, consisting primarily of NGL and natural gas pipelines.

Supply and Logistics Segment

The Company’s supply and logistics segment operations consist of the following merchant-related activities, including the purchase of the United States and Canadian crude oil at the wellhead, the bulk purchase of crude oil at pipeline, terminal and rail facilities, and the purchase of cargos at their load port and various other locations in transit; the storage of inventory during contango market conditions and the seasonal storage of NGL and natural gas; the purchase of NGL from producers, refiners, processors and other marketers; the resale or exchange of crude oil and NGL at various points along the distribution chain to refiners or other resellers; the transportation of crude oil and NGL on trucks, barges, railcars, pipelines and ocean-going vessels from various delivery points, market hub locations or directly to end users, such as refineries, processors and fractionation facilities, and the purchase and sale of natural gas. The Company sells its crude oil to oil companies, independent refiners and other resellers in various types of sale and exchange transactions. The Company sells NGL primarily to propane and refined product retailers, petrochemical companies and refiners, and limited volumes to other marketers.

Advisors’ Opinion:

  • [By Stephan Byrd]

    Plains GP (NYSE:PAGP) last announced its quarterly earnings data on Tuesday, February 5th. The pipeline company reported $1.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.61. Plains GP had a net margin of 0.98% and a return on equity of 2.69%. The firm had revenue of $8.79 billion during the quarter, compared to the consensus estimate of $10.52 billion. During the same quarter last year, the firm earned ($5.16) earnings per share. The firm’s revenue was up 15.5% compared to the same quarter last year. Analysts expect that Plains GP Holdings LP will post 1.61 EPS for the current year.

  • [By Motley Fool Transcribers]

    Plains GP Holdings LP (NYSE:PAGP)Q42018 Earnings Conference CallFeb. 05, 2019, 5:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Plains GP (NYSE:PAGP) last released its earnings results on Tuesday, August 7th. The pipeline company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.17). Plains GP had a positive return on equity of 0.57% and a negative net margin of 2.51%. The business had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $7.71 billion. equities research analysts predict that Plains GP Holdings LP will post 1.1 EPS for the current fiscal year.

  • [By Ethan Ryder]

    Plains GP (NYSE:PAGP) was upgraded by analysts at US Capital Advisors from a hold rating to an overweight rating.

    Rewalk Robotics (NASDAQ:RWLK) was given a $2.00 price target by analysts at Oppenheimer Holdings Inc.. The firm currently has a buy rating on the stock.

Hot Energy Stocks To Own For 2021: Cabot Oil & Gas Corporation(COG)

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. Our assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. We operate in one segment, natural gas and oil development, exploitation, exploration and production, in the continental United States. We have offices located in Houston, Texas and Pittsburgh, Pennsylvania. STRATEGY Our objective is to enhance shareholder value over the long-term through consistent growth in production and reserves. We believe this is attainable, even in the current commodity price environment, by employing a combination of disciplined management and remaining focused on our core asset base, which offers a strategic advantage. Key components of our business strategy include: Disciplined Capital Spending Focused on Organic Projects.   Advisors’ Opinion:

  • [By Garrett Baldwin]

    Accelerate Your Gains: Stocks will make you money, but trading can set you up for life. With the secrets in this video series, you could potentially start collecting anywhere from $1,190, $1,313, and even $2,830 in consistent income – each and every week. See for yourself…

    Three Stocks to Watch Today: AAPL, DBX, STMP
    Shares of Dropbox Inc. (NYSE: DBX) plunged more than 10% after the company’s forward guidance fell well short of Wall Street expectations Thursday. Even though the firm topped quarterly earnings and revenue expectations, the cloud storage giant announced it would take a large write down on the value of its recent HelloSign acquisition. That will impact company margins in the year ahead, in addition to the firm’s plans to relocate offices to San Francisco, where rents are much higher. Apple Inc.(NASDAQ: AAPL) continues to remain in the headlines. The firm’s iPhone sales had been declining before the company decided to stop reporting unit sales beginning this year. But as Money Morning Chief Investment Strategist Keith Fitz-Gerald told readers in October 2017, Apple is no longer a device company. In fact, it hasn’t been a device company for years. Its shift into services has helped boost investor confidence, and it just made a major announcement that will target firms like Netflix Inc. (NASDAQ: NFLX) and Hulu. Apple is one of our top five stocks to buy right now. For the full list, go here now. Shares of Stamps.com Inc.(NASDAQ: STMP) plunged more than 50% in pre-market hours after the shipping products company announced it was ending its exclusive partnership with the USPS. The company also said it expected a massive downturn in profitability. The firm’s full-year guidance was set between $5.15 and $6.15. That is well below the $10.79 figure anticipated by analysts. During its earnings call last night, the firm’s CEO said that USPS would not accept the terms of its partnership proposal. On Friday, look for earnings reports from Aut

  • [By Motley Fool Transcribers]

    Cabot Oil & Gas Corp (NYSE:COG)Q42018 Earnings Conference CallFeb. 22, 2019, 9:30 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Hot Energy Stocks To Own For 2021: BP Prudhoe Bay Royalty Trust(BPT)

BP Prudhoe Bay Royalty Trust, incorporated on February 21, 1989, is a grantor trust. The property of the Trust consists of an overriding royalty interest (the Royalty Interest), and cash and cash equivalents held by the Trustee from time to time. The Royalty Interest entitles the Trust to a royalty on approximately 16.42% of the lesser of first approximately 90,000 barrels of the average actual daily net production of crude oil and condensate per quarter from the working interest of BP Alaska, in the Prudhoe Bay oil field located on the North Slope in Alaska or the average actual daily net production of crude oil and condensate per quarter from that working interest. The Prudhoe Bay field is one of four contiguous North Slope oil fields that are operated by BP Alaska and are known collectively as the Prudhoe Bay Unit.

The Royalty Interest is a non-operational interest in minerals. The Prudhoe Bay field is located on the North Slope of Alaska, approximately 250 miles north of the Arctic Circle and over 650 miles north of Anchorage. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains over 150,000 gross productive acres. Approximately 45% of the acreage within the field is subject to the Royalty Interest granted to the Trust by the Conveyance. The principal hydrocarbon accumulations at Prudhoe Bay are in the Ivishak sandstone of the Sadlerochit Group at a depth of 8,700 feet below sea level. The Ivishak is overlain by approximately four minor reservoirs of varying extent, which are designated the Put River, Eileen, Sag River and Shublik (PESS) formations. Underlying the Sadlerochit Group are the oil-bearing Lisburne and Endicott formations. The net production allocated to the Royalty Interest pertains only to the Ivishak and PESS formations, collectively known as the Prudhoe Bay (Permo-Triassic) Reservoir. The oil produced from the Prudhoe Bay (Permo-Triassic) Reservoir is a medium grade, low sulfur crude. The Royalty Interest is based upon oil produced from the oil! rim and condensate produced from the gas cap, but not upon gas production or natural gas liquids production stripped from gas produced.

Advisors’ Opinion:

  • [By Shane Hupp]

    Blockport (CURRENCY:BPT) traded 9.9% higher against the U.S. dollar during the one day period ending at 13:00 PM Eastern on February 16th. One Blockport token can currently be bought for approximately $0.12 or 0.00003224 BTC on popular cryptocurrency exchanges including Kucoin and IDEX. Blockport has a market cap of $6.19 million and approximately $329,352.00 worth of Blockport was traded on exchanges in the last 24 hours. In the last seven days, Blockport has traded up 8.2% against the U.S. dollar.

  • [By Dan Caplinger]

    Sometimes, though, you can have too much of a good thing. Dividend stocks with top dividend yields come with special risks, and although that doesn’t guarantee that you’ll get burned, the chances of a setback are greater. Below, I’ll look at BP Prudhoe Bay Royalty Trust (NYSE:BPT), CenturyLink (NYSE:CTL), and Annaly Capital Management (NYSE:NLY) to explain why their yields are so high and what dangers could lurk beneath the surface.

Hot Energy Stocks To Own For 2021: Atlantic Power Corporation(AT)

Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate. Atlantic Power’s power generation projects in operation have an aggregate gross electric generation capacity of approximately 2,140 megawatts (MW), in which its aggregate ownership interest is approximately 1,500 MW. The Company’s portfolio consists of interests in approximately 20 operational power generation projects across over nine states in the United States and approximately two provinces in Canada. The Company’s power generation projects are primarily located in California, the United States Mid-Atlantic, New York and the provinces of Ontario and British Columbia. Advisors’ Opinion:

  • [By Shane Hupp]

    ABCC Token (CURRENCY:AT) traded flat against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on February 11th. Over the last seven days, ABCC Token has traded flat against the U.S. dollar. ABCC Token has a total market cap of $0.00 and $0.00 worth of ABCC Token was traded on exchanges in the last day. One ABCC Token token can now be bought for $0.0000 or 0.00000000 BTC on exchanges.

  • [By Logan Wallace]

    ABCC Token (CURRENCY:AT) traded flat against the US dollar during the 24 hour period ending at 7:00 AM E.T. on October 2nd. ABCC Token has a total market capitalization of $0.00 and approximately $0.00 worth of ABCC Token was traded on exchanges in the last 24 hours. In the last week, ABCC Token has traded flat against the US dollar. One ABCC Token token can now be bought for approximately $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.