Par Pacific Holdings, Inc. (NYSE:PARR) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Ashimi Patel – Vice President, Investor RelationsWill Monteleone – President & Chief Executive OfficerRichard Creamer – Executive Vice President, Refining & LogisticsShawn Flores – Senior Vice President & Chief Financial Officer Conference Call Participants Ryan Todd –…
grandriver In our view, Texas Pacific Land Corporation (NYSE:TPL) presents a unique and compelling investment opportunity. The company’s diverse revenue streams, which include oil and gas royalties, water sales and royalties, and surface-related income, provide exposure to increased development within the Permian region while mitigating the risks associated with direct oil and gas production. TPL’s…
Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a…
simonkr What a difference a few months make. Hudson Pacific Properties (NYSE:HPP) back in October was trading close to 52-week lows, had suspended its dividend, and faced an uncertain end date with the actors strike that had broadly shuttered its studio portfolio as it teetered on the edge of violating its stringent debt covenants. The…
ConstantinosZ/iStock via Getty Images Last March, I took JAKKS Pacific (NASDAQ:JAKK) to “Strong Buy” saying that its long-term story was intact and that the stock had been thrown into the deep discount bargain bin. The stock is up over 85% since then. More recently in December, I wrote that investors continue to not give the…
Canadian Pacific Kansas City Limited (NYSE:CP) Q4 2023 Earnings Conference Call January 30, 2024 4:30 PM ET Company Participants Chris de Bruyn – VP, Capital Markets and Treasurer Keith Creel – President and CEO Mark Redd – EVP and COO John Brooks – EVP and CMO Nadeem Velani – EVP and CFO Conference Call Participants…
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Q4 2023 Results Conference Call January 29, 2024 12:00 PM ET Company Participants Steve Gardner – Chairman and CEO Ron Nicolas – CFO Conference Call Participants David Feaster – Raymond James Chris McGratty – KBW Gary Tenner – D.A. Davidson Andrew Terrell – Stephens Adam Butler – Piper Sandler Operator…
In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool. In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence…
ABEMOS Texas Pacific Land Corporation (TPL) investors had a very tough 2023. It was rough to see the broader market power higher driven by tech. However, a land investor playing on the oil and gas theme can look past that. One did expect TPL to suddenly announce that they had found an AI-themed play on…
mixmotive Annual Update Union Pacific is a long-term member of my investing universe. I last wrote about the company and provided an intrinsic valuation about a year ago (Union Pacific Stock: Intrinsic Value Update). This article updates the key sector statistics, provides a valuation update and an investing recommendation. Rail Sector Overview The US rail…
JHVEPhoto Hudson Pacific Properties (NYSE:HPP) is a West Coast based real estate investment trust that specializes in the ownership of office buildings and sound stages. With the strikes in Hollywood hurting the business, Hudson Pacific cut its dividend earlier this year only to eliminate it in the following quarter. While the strike is over, after…
jimfeng Investment thesis Canadian Pacific Kansas City Limited (NYSE:CP) is poised to see improved growth as clients realize the value proposition of the combined CP KCS railroad system and the company benefits from revenue synergies from the merger. Further, nearshoring trends, recovery in automotive and potash markets, bottoming of housing market and market share gains…
Hundley_Photography/iStock via Getty Images This article was coproduced with Leo Nelissen. It’s time to talk about what may be one of the coolest stocks on the market. A company flying under the radar. A company that benefits from the oil boom without producing a single drop of oil. A company that has its roots in…
JHVEPhoto/iStock Editorial via Getty Images Introduction It’s time to talk about the Union Pacific Corporation (NYSE:UNP), the economy, trends going into 2024, and my investment strategy. As most of my readers know, Union Pacific is one of my high-conviction investments, as it accounts for 6.1% of my current portfolio value. This makes it the fourth-largest…
Stephen Shugerman/Getty Images Entertainment JAKKS Pacific, the focus of my first SeekingAlpha article in May 2022, has rewarded investors with an impressive 92.16% return since then. Witnessing this underdog triumph against industry giants like Hasbro (HAS) and Mattel (MAT) has been gratifying. Starting with a market cap of $128.33 million, the company has grown to…
Image Source Back in March, I took JAKKS Pacific (NASDAQ:JAKK) to “Strong Buy” saying that its long-term story was intact and that the stock had been thrown into the deep discount bargain bin. I followed up in May saying that the stock was still grossly undervalued. With the stock nearly doubling since my upgrade to…
Hudson Pacific Properties, Inc. (NYSE:HPP) Q3 2023 Earnings Conference Call November 2, 2023 12:00 PM ET Company Participants Laura Campbell – EVP, IR & Marketing Victor Coleman – CEO and Chairman Mark Lammas – President Harout Diramerian – CFO Arthur Suazo – EVP, Leasing Conference Call Participants Alexander Goldfarb – Piper Sandler John Kim –…
pidjoe Investment Thesis Par Pacific Holdings (NYSE:PARR) is a good stock for growth-focused, aggressive investors willing to engage with the energy sector’s volatility. With successful acquisitions like Billings, diversification into renewables, and a robust financial standing characterized by strong liquidity and a focus on debt reduction, the company seems well-poised for both immediate and long-term…
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Q3 2023 Earnings Conference Call October 24, 2023 12:00 PM ET Company Participants Steve Gardner – Chairman and CEO Ron Nicolas – Chief Financial Officer Conference Call Participants David Feaster – Raymond James Matthew Clark – Piper Sandler Chris McGratty – KBW Gary Tenner – D.A. Davidson David Chiaverini –…
simonkr/E+ via Getty Images I’ve closed my Series C preferreds position in Hudson Pacific Properties (NYSE:HPP) (NYSE:HPP.PR.C) at a decent gain on the back of the suspension of talks between the actors union and the Alliance of Motion Picture and Television Producers (AMPTT), a trade association representing US television and film production companies including Netflix…
David McNew Research Note Summary In today’s research note, I covered a rail company, Union Pacific (NYSE:UNP), which I gave a buy rating. This Omaha-based company with roots going back to the 1800s, and trading on the NYSE, has shown strength in the category of dividends and free cashflow, as well as being reasonably valued…
DjMiko/iStock via Getty Images Anyone familiar with my investment style knows that I am a big believer in railroads. I was almost married to them, but recently sold all of my railroad stock. My largest holding was Union Pacific (NYSE:UNP), representing 7% of my entire portfolio. I have been worried about Union Pacific for some…
Andreas Häuslbetz/iStock via Getty Images On our last coverage of Hudson Pacific Properties, Inc. (NYSE:HPP) we had a cautionary tone for those who thought the newly cut dividend was safe. Our rationale was that the debt wall was just too strong and the adjusted funds from operations (AFFO) would barely make a dent in it…
asbe A Buy Rating for New Pacific Metals Corp. This analysis changes the rating for New Pacific Metals Corp. shares (NYSE:NEWP) (TSX:NUAG:CA) from the Sell recommendation of the previous analysis to a Buy recommendation of the current analysis. Compared to the previous analysis, the rating update is based on a positive change in the outlook…
BrendanHunter/iStock Unreleased via Getty Images Investment Thesis JAKKS Pacific (NASDAQ:JAKK) is a multi-brand toy company that produces and markets toys and related products including action figures, toy vehicles, dolls, costumes, kids indoor and outdoor furniture and others. It licenses evergreen brands from Disney, Nintendo, Nickelodeon and others providing a wide range of action figures, toys…