PEG's Q4 results are likely to benefit from data center expansion and favorable rate outcomes amid the impact of warm weather conditions.
HPE's focus on enterprise AI leverages its expertise and customer relationships built from years of enabling hybrid cloud for enterprises. Rising deferred revenue can be an early indicator of HPE's future growth. It is also an early indication of whether HPE's enterprise strategy is gaining traction. HPE's acquisition of Juniper will strengthen its enterprise AI solution. The complementary nature of both businesses indicates integration won't be value-destroying as many have done in the past.
Axon Enterprise (AXON -8.61%) stock is losing ground in Wednesday's trading. The policing technologies company's share price was down 8.2% as of 1:15 p.m.
I'm bullish on energy stocks overall due to my view of compressed oil prices and the potential of policy tailwinds. For OXY and EPD, their latest insider activities provide another support for a bullish thesis. For OXY, Warren Buffett's Berkshire Hathaway keeps buying shares aggressively.
PEG hikes its quarterly dividend payout to 63 cents per share. The company has a history of paying out quarterly dividends for 118 years in a row.
Enterprise Products Partners (EPD 0.85%) stock is on a tear. Shares of the midstream oil and gas giant are up almost 26% in one year, as of this writing.
Enterprise Bancorp has outperformed the S&P 500, driven by lower interest rates, a favorable new government, and a pending acquisition by Independent Bank. The Fed's interest rate cuts have improved Enterprise Bancorp's net interest margin, boosting earnings and indicating potential future growth if rates decrease further. Independent Bank's acquisition of Enterprise Bancorp promises enhanced geographic reach, significant earnings growth, and a low forward P/E ratio, suggesting substantial upside potential.
Enterprise Products Partners L.P. has been a big winner for me. However, I remain very confident in its forward prospects. I share 5 reasons why I still like EPD stock prospects.
Enterprise Products Partners, with a market cap over $70 billion, offers a 6.5% dividend yield and has returned over $50 billion to shareholders. The company is investing $7.6 billion in capital projects, with significant growth expected from these investments, particularly in the Permian Basin. Strong financials enable Enterprise Products Partners to maintain high dividend yields and fund growth, with a low leverage ratio of 3.1x EBITDA.
The hopeful prospects of SPOT have dimmed after management commentary in the recent earnings conference call. I don't see this as a challenge to EPD's long-term growth. The opportunity set in the Delaware basin may prove to be a better use of capital for investors.
Enterprise Products Partners (EPD 0.18%) continued to display its consistent nature when its reported its fourth-quarter earnings results on Tuesday. Meanwhile, the pipeline operator continues to ramp up its growth capital expenditures (capex) as it sees growing strong opportunities.
EPD is set to generate additional fee-based earnings with major capital projects either currently in service or under construction.