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If You Like Enterprise Products Partners' 7.2%-Yielding Payout, You Should Check Out Its 8.3%-Yielding Rival

The Motley Fool

Investors who like Enterprise Products Partners (and understand the tax complexities of owning an MLP ) should check out fellow MLP MPLX (NYSE: MPLX). billion of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and $5.3 leverage ratio , which falls in the middle of its 2.75-3.25 target range.

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Carnival Corporation Stock Is Beaten Down Now, but It Could 10X

The Motley Fool

From fiscal 2017 to fiscal 2019, its revenue and EPS grew at CAGRs of 9% and 10%, respectively, as it expanded its fleet and attracted a new generation of younger travelers. That rising leverage made Carnival a risky stock to hold as interest rates rose, and its stock sank to a 30-year low of $6.38 billion in fiscal 2019.

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Where Will Carnival Stock Be in 3 Years?

The Motley Fool

Metric FY 2019 FY 2020 FY 2021 FY 2022 9M FY 2023 Revenue growth 10% (73%) (66%) 538% 94% Passengers carried growth 4% (73%) (65%) 542% 79% Occupancy rate 107% 101% 56% 75% 100% Data source: Carnival. On an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) basis, it generated a profit of $3.3

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Forget Occidental Petroleum -- Buy This Magnificent High-Yield Energy Stock Instead

The Motley Fool

In 2019, the company bought Anadarko Petroleum, winning a bidding war with Chevron. However, the deal was very large, requiring the company to take on material leverage. As a master limited partnership (MLP), Enterprise is specifically designed to pass income on to unitholders in a tax-efficient manner. distribution yield.

Bidding 244
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Could Strong Bookings Propel Carnival Stock in the Years Ahead?

The Motley Fool

These metrics helped the company produce record operating income and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the quarter. By comparison, it had $11 billion in debt at the end of November 2019. Its leverage (net debt/adjusted EBITDA) was down to 4.5 Its leverage at 4.5x

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Enterprise Products Partners Is Set to Enter Growth Mode. Is It Time to Buy This Dividend Stock With a 7.3% Yield?

The Motley Fool

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, rose 6% to nearly $2.5 Enterprise ended the quarter with leverage of 3x. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. cents per unit. billion.

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Why Enterprise Products Partners Isn't the Same Company It Was 5 Years Ago

The Motley Fool

billion in 2019 and hit a nadir of $1.6 billion, which is still materially below 2019 levels. Leverage has also been reduced, with debt-to-earnings before interest, taxes, depreciation, and amortization ( EBITDA ) at roughly 3.2 It peaked at $4.2 billion in 2022. In 2023, capital spending is projected to be around $2.3

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