Douglas Rissing/iStock via Getty Images The Axon Enterprise Investment Thesis Almost a year ago, in late May 2023, I wrote my first article about Axon Enterprise, Inc. (NASDAQ:AXON). Then, as now, I was enthusiastic about the business model, which binds perfectly customers into the ecosystem through high switching costs and outstanding functionality. Plus, I like…
HAYKIRDI Rather than its usual Analyst Day held at its Houston headquarters, Enterprise Products Partners L.P. (NYSE:EPD) hosted a short, one-hour update call on April 3. I always recommend people at least read through the Analyst Day slide deck or try to catch part of the calls, as Enterprise often does an impressive job of…
bjdlzx Energy stocks have recently entered a revival phase that lifted the Energy Select Sector SPDR® Fund ETF (XLE) toward its recent highs. The sector has benefited from the resurgence in crude oil futures (CL1:COM), shaking off the bearish sentiments that saw CL1 bottom in December 2023. Coupled with the persistence of the OPEC+ production…
DigiClicks What’s the ideal investment to meet the needs and preferences of retirees? Enterprise Products Partners (NYSE:EPD) would be my first choice. To begin with, it’s a great business with great management and a 25-year record which is unsurpassed in its category. Secondly, its earnings and distributions are steady and safe. Third, it’s cheap by…
Justin Sullivan OK, let’s be honest. Using generative AI to create large chunks of text is certainly interesting, but there’s something particularly compelling about entirely new images being generated from a simple text prompt. Not surprisingly, GenAI-powered graphics tools have been a source of fascination for the last year or so as a result. What’s…
gorodenkoff/iStock via Getty Images Hewlett Packard Enterprise Company (NYSE:HPE) reported a relatively lackluster start to FY24 as the firm remains on the sidelines as a result of customers not having their data centers prepared for the new infrastructure purchased throughout FY23. This posed a major challenge to revenue growth that management expects to continue through…
Vithun Khamsong/Moment via Getty Images Enbridge (NYSE:ENB) and Enterprise Products Partners (NYSE:EPD) are both well-known infrastructure players in the conventional energy space. Their focus is mostly in the mid-stream segment, which brings stable and predictable revenues. The contracts are usually underpinned by healthy and established bodies that help de-risk the top-line even further. When it…
imaginima Enterprise Products Partners (NYSE:EPD) announced last fall that they were going to take on debt to help take advantage of some opportunities for increased earnings growth. Mr. Market hated it, pushing down the stock price by 10%. The price has recovered lately, although some other midstream stocks have appreciated too. Seeking Alpha Since the…
kyletperry Enterprise Products Partners (NYSE:EPD) has laid out a significant growth trajectory in the Permian Basin as they bring online their new gathering and processing systems in the Midland and Delaware Basins. Though the near-term outlook for the hydrocarbons industry looks flat for 2024, production growth in the basin creates a bright spot for firms…
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JPMorgan’s managing director Tyrone Lobban noted that the new system has processed over $900 billion in assets since launch. Top executives from US-based financial services companies JPMorgan Chase and Apollo Global Management have revealed their plans for the tokenized enterprise mainnet, developed in collaboration with the Monetary Authority of Singapore (MAS). The duo worked together…
steved_np3/iStock via Getty Images Co-authored by Treading Softly In North America, you can experience blizzards, tornadoes, hurricanes, and earthquakes, all within one continent. When I was younger, I enjoyed watching the movie Twister, especially the scene where they’re in the midst of a tornado, and they strap themselves to some pipes that are coming out…
The launch of the IBM Enterprise AI Venture Fund builds upon the growing momentum and widespread adoption of the company’s AI platform called watsonx. International Business Machines (IBM), one of the leading technology giants in the United States, has launched a $500 million venture fund to bolster artificial intelligence (AI) innovation. In an official announcement…
redtea On October 31st, the management team at midstream/pipeline company Enterprise Products Partners (NYSE:EPD) announced financial results covering the third quarter of its 2023 fiscal year. While the company did experience some weakness in some areas, its overall financial performance was positive compared to what management reported the same time last year. In the past,…
PM Images The energy sector has continued to perform well in 2023, from upstream production to midstream operators. Enterprise Products Partners L.P. (NYSE:EPD) has followed the trend as units have increased 7.56% YTD. EPD’s Q3 results were a bit of a mixed bag as they beat top-line estimates by $370 million, delivering $12 billion in…
imaginima Investment Rundown If you are looking for a dividend-distributing company that has perhaps some of the most solid margins in the energy sector then a top pick of mine is Enterprise Products Partners L.P. (NYSE:EPD) right now. The business has been incredibly solid and I think the high dividend yield is sustainable thanks to…
Enterprise Financial Services Corp (NASDAQ:EFSC) Q3 2023 Earnings Conference Call October 24, 2023 11:00 AM ET Company Participants James Lally – President and Chief Executive Officer Scott Goodman – President of Enterprise Bank & Trust Keene Turner – Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Rulis – D.A. Davidson &…
OpenAI collaborated with different professional voice actors and used its open-source speech recognition software dubbed Whisper to enable a seamless experience for ChatGPT users. Leading generative artificial intelligence (AI) company that is backed by Microsoft Corporation (NASDAQ: MSFT) OpenAI has announced the addition of more features to the ChatGPT platform meant for paid users. According…
Shutter2U Plains All-American Pipeline (NASDAQ:PAA)(NASDAQ:PAGP) and Enterprise Products Partners (NYSE:EPD) are high-yielding investment-grade energy midstream businesses. In the past, we have been very bullish on Plains, but its stock has significantly outperformed the midstream sector (MLPA) over the past year: Data by YCharts As a result, we are now re-evaluating it to see if it…
Hewlett Packard Enterprise Company (NYSE:HPE) Q3 2023 Earnings Conference Call August 29, 2023 4:30 PM ET Company Participants Jeff Kvaal – Head of Investor Relations Antonio Neri – President and Chief Executive Officer Jeremy Cox – Interim Chief Financial Officer Conference Call Participants Simon Leopold – Raymond James Aaron Rakers – Wells Fargo Meta Marshall…
OpenAI announced that ChatGPT Enterprise will include unlimited access to GPT-4 and also offer longer context windows for processing more inputs. OpenAI, an American artificial intelligence (AI) research laboratory consisting of the non-profit OpenAI, Inc. and its for-profit subsidiary corporation OpenAI LP, announced the launch of its latest product dubbed ChatGPT Enterprise to help organizations…
NosUA Retirees looking for passive income investments generally need securities that offer each of the following characteristics: A sufficiently high current yield to cover living expenses. A safe enough distribution to sustain the payouts through good times and bad. Enough distribution growth to keep pace with inflation. A security that will sustain – and ideally…
muhammet sager Energy Transfer (NYSE:ET) has been in the news lately after the company announced an agreement to acquire Crestwood Equity Partners (CEQP). A lot has been said about this transaction, though sentiment has been most universally positive among my peers. I suspect a lot of that optimism may be due to the fact that…
mbbirdy Thesis For many investors, Wall Street opinions are synonymous with herd mentality and short-term orientation. However, in the case of Enterprise Products Partners (NYSE:EPD) here, I will argue for their BUY rating as seen in the chart below. As a popular energy ticker on the Seeking Alpha platform, a total of 18 SA authors…
imaginima Unitholders likely went into Enterprise Products Partners (NYSE:EPD) recent second-quarter or FQ2 earnings release already anticipating a weaker slate of results compared to the same quarter last year. After all, underlying energy prices (CL1:COM) (NG1:COM) remain well below their 2022 highs as growth normalized. Notwithstanding the underlying weakness, EPD’s July 2023 price action indicated…