MSDL offers a compelling 11%+ dividend yield and trades at a significant discount to NAV, despite strong underwriting and portfolio quality. However, dividend coverage is tight at 1.0x, and the company is facing several growing risks that could force it to cut its dividend. We take a look at the good and the bad at MSDL after its Q2 results and earnings call and share our view on the sustainability of the dividend.
KMI's project backlog jumps to $9.3B in Q2, fueled by LNG demand and rising power needs across key regions.
JP Morgan has reiterated its 'overweight' recommendation on International Consolidated Airlines Group SA (LSE:IAG) after the British Airways owner posted better-than-expected second-quarter results. The shares rallied on the back of the update, with the bank keeping its price target at €5.50 for December 2026, implying nearly 30% upside from current levels.
Kinder Morgan continues to deliver strong, stable cash flows and solid growth, with recent revenue and EBITDA increases driven by higher natural gas prices and expansion projects. The company's acquisition of Outrigger II and a growing project backlog, mostly focused on natural gas, enhance its long-term growth prospects and cash generation. Valuation is only marginally higher than most peers, while leverage remains reasonable and in line with industry standards, supporting a favorable risk profile.
Kinder Morgan's integrated natural gas-focused asset portfolio underpins strong, sustainable shareholder returns and a robust 4%+ dividend yield. Recent results show solid growth: 24% YoY net income, 13% adjusted net income, and 6% adjusted EBITDA, supporting continued dividend increases. LNG expansion and datacenter-driven natural gas demand offer multi-decade growth opportunities, with committed projects fueling future cash flow.
Morgan Stanley is reportedly facing a regulatory investigation into its money laundering prevention measures. The Financial Industry Regulatory Authority (FINRA) has launched a probe into whether the investment banking giant property vetted customers for money laundering risks, The Wall Street Journal (WSJ) reported Tuesday (July 22) evening.
A probe by Finra, Wall Street's self-regulator, spans the wealth unit as well as the division that houses trading.
Despite its size, Morgan Stanley has continued to grow even through challenging market conditions. With a low P/E ratio compared to peers, MS stock could be a major growth opportunity for investors willing to look beyond the headlines. Power E*TRADE Pro and the potential expansion into crypto trading could give MS a unique edge in the crowded financial space.
Wall Street just wrapped up a big week for earnings in the financial sector, and if there's one clear thing, it's that not all banks are built the same right now. With rising interest rates no longer the tailwind they once were, and margin pressure becoming a theme, investors are quickly drawing lines between the winners and the also-rans.
The outlook for internet stocks is rosier now that worst-case scenarios of U.S. tariffs on China appear to have been avoided.
Kinder Morgan expects to exceed earnings guidance. The Outrigger acquisition provides additional upside. The diversified midstream operations and long-term contracts limit downside risk. The company has access to every major basin and emerging markets.
Kinder Morgan's second quarter results aligned with expectations; company reported adjusted EBITDA of $1.97 billion and reaffirmed its 2025 guidance of $8.3 billion. KMI emphasized the important role of liquefied natural gas and power generation in its future growth. Beyond opportunities in LNG, Kinder Morgan sees robust demand from the power sector, largely driven by data centers.