Energy Transfer's diversified midstream empire and strategic growth projects position it for continued expansion and strong returns, even after significant unit appreciation. The company's robust free cash flow, disciplined capital allocation, and rising distributions underscore its financial strength and resilience in volatile energy markets. Current valuation metrics are above sector averages, but ET's fee-based revenue, EBITDA growth, and high yield make it an attractive entry point after recent price drops.
Empire Company Limited (OTCPK:EMLAF) Q4 2025 Earnings Conference Call June 19, 2025 8:30 AM ET Company Participants Constantine Pefanis - Executive VP & CFO Katie Brine - Director of Investor Relations Matt Reindel - Corporate Participant Michael Bennett Medline - President, CEO & Director Pierre St-Laurent - Executive VP & COO Conference Call Participants Christopher Li - Desjardins Securities Inc., Research Division John Zamparo - Scotiabank Global Banking and Markets, Research Division Mark Robert Petrie - CIBC Capital Markets, Research Division Michael Van Aelst - TD Cowen, Research Division Tamy Chen - BMO Capital Markets Equity Research Vishal Shreedhar - National Bank Financial, Inc., Research Division Operator Good morning, ladies and gentlemen, and welcome to the Empire Fourth Quarter 2025 Conference Call. [Operator Instructions] This call is being recorded on Thursday, June 19, 2025.
We are bullish on Pop Mart due to its strong IP portfolio, brand loyalty, and ability to thrive amid China's consumption downgrade trend. PMRTY's global expansion, especially in the US and Europe, offers significant upside, with overseas revenue set to double by 2026E. The company's premium valuation is justified by its differentiated IP, robust artist network, and omnichannel distribution strategy driving above-industry growth.
Empire State Index Comes in Below Expectations.
Empire State Realty Trust is heavily exposed to older New York City office buildings, which I do not see as well-suited for current macroeconomic conditions. The REIT's tourism and retail-related revenues also at risk if NYC's business climate weakens. The 1.6% dividend yield is unattractive compared to the current REIT landscape.
Titanium doesn't have the same buzz as lithium or rare earths, but its importance is climbing fast. Lightweight, strong, and corrosion-resistant, it's essential in everything from aerospace to medical implants, and increasingly, it's becoming a metal of strategic significance.
Shares in Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) rose 16% after the company announced it had produced a high-purity titanium dioxide (TiO₂) product with an assay grade of 99.25%. The breakthrough came from ongoing testwork at its Pitfield project in Western Australia.
Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) told investors it has produced a high-purity titanium dioxide (TiO₂) product with an assay result of 99.25% TiO₂. It comes through ongoing work to optimise the Pitfield project's technical design.
Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) has kicked off a major new drilling campaign at its Pitfield Project in Western Australia. With the new round of drilling Empire aims to deliver a maiden JORC-compliant Mineral Resource Estimate at the Thomas Prospect.
CoreWeave had the biggest IPO in four years, backed by the likes of Nvidia and Microsoft. The company is burning cash and building infrastructure, which has Wall Street baffled.
AT&T Inc.'s $5.75B Lumen fiber deal is complex, offers minimal near-term impact, and distracts from more strategic growth opportunities. Management continues to favor convoluted acquisitions over debt repayment and innovation, absorbing excess cash flow with buybacks and legacy deals. With only a 4% dividend yield and lack of AI/data center focus, T stock is unattractive compared to higher-yielding, growth-oriented alternatives.
Empire Metals Ltd (AIM:EEE, OTCQB:EPMLF) has raised £4.5 million through a share subscription with institutional investors. It sees the issue of 47.36 million new shares at a price of 9.5p.