The Motley Fool

NOVEMBER 26, 2024

The sector has gone through a transformation in the past decade, with midstream companies reducing leverage and being more disciplined when it comes to funding growth projects. Even better, the company has said it could pay excess distributions once its leverage is below 3 times and it has excess free cash flow.

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Private Equity Wire

NOVEMBER 4, 2024

The firm reported a 17% increase in assets under management (AUM) in its Friday earnings release, reaching $464bn in the third quarter, as strong demand for US direct lending and strategic private equity acquisitions fuelled growth. The firm reported after-tax realised income of $316m, or 95 cents per share, for the third quarter.

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The Motley Fool

DECEMBER 18, 2024

The company's midstream assets generate very stable cash flow. Fee-based contracts with Occidental and other customers support 95% of its gas infrastructure and 100% of its crude oil assets, protecting it from commodity price exposure. The MLP expects its leverage ratio to end the year at 3 times, down from 3.7

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The Motley Fool

MAY 1, 2024

The company benefited from the contribution of new assets placed into service during the period, which helped offset the impact of weaker commodity prices. That kept its leverage ratio at 3.0, It aims for leverage of 3.0, The company's integrated energy infrastructure system transported the equivalent of 12.3 right on target. (It

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The Motley Fool

MAY 9, 2024

Ares Capital is also a registered investment corporation (RIC), meaning it must distribute 90% of its income to investors in order to be exempt from federal taxes. BDCs tend to use leverage to help boost their payouts. While this leverage can help juice returns, it could also exacerbate losses during an economic downturn.

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The Motley Fool

OCTOBER 29, 2024

As disclosed earlier in the third quarter, First Solar also possesses a TOPCon patent portfolio through our acquisition of TetraSun in 2013, which we have begun to leverage as part of our ongoing efforts to develop the next generation of PV technologies. Third quarter other income was $5 million, which was consistent with the second quarter.

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The Motley Fool

APRIL 11, 2025

Those assets generate very stable cash flow for the master limited partnership (MLP) via long-term contracts and government-regulated rate structures. Meanwhile, it has one of the strongest balance sheets in the energy midstream sector, with A-rated credit and a low leverage ratio. times last year. The MLP currently has $7.6

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The Motley Fool

AUGUST 25, 2024

Enbridge currently gets 98% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) from stable cost-of-service or contracted assets. The company currently boasts an investment-grade credit rating backed by a leverage ratio toward the low end of its 4.5-5.0 times target range.

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The Motley Fool

MARCH 27, 2024

The beauty of a Roth IRA lies in its tax structure. Contributions are made with after-tax dollars, but the account's growth and withdrawals are tax free under current laws. It's an incredible way to leverage compound interest from a young age. Plus, withdrawals used for qualified education expenses are not taxed.

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The Motley Fool

AUGUST 20, 2024

It has a diversified portfolio of midstream assets, including pipelines , processing plants, storage terminals, export complexes, and petrochemical plants. Most of its assets produce fee-based cash flows backed by long-term contracts or government-regulated rate structures. times leverage ratio.

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The Motley Fool

MARCH 24, 2024

Investors who like Enterprise Products Partners (and understand the tax complexities of owning an MLP ) should check out fellow MLP MPLX (NYSE: MPLX). It operates pipelines, storage assets, a marine business, and export terminals. billion of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and $5.3

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Leveraging Amortization Depreciation Earnings Before Interest 246

The Motley Fool

OCTOBER 8, 2024

It repaid debt, which steadily drove down its leverage ratio. Today, Energy Transfer has a strong investment-grade balance sheet with a leverage ratio in the lower half of its 4.0-to-4.5x That improving leverage ratio has provided Energy Transfer with increased financial flexibility. The MLP also has a well-balanced asset mix.

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The Motley Fool

AUGUST 24, 2024

Further, its distributable cash flow payout ratio is well within management's target range of 60% to 70% The balance sheet is also healthy: Leverage is well within management's target range of 4.5 to 5 times debt to EBITDA (earnings before interest, taxes, deprecation, and amortization). ENB Dividend Yield data by YCharts.

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The Motley Fool

OCTOBER 31, 2024

trillion of assets under management supporting defined benefit and defined contribution plans, PGIM serves more than half of the world's 300 largest pension funds. We maintain a AA rating, which reflects a healthy capital position, including more than $4 billion in highly liquid assets at the end of the third quarter. billion or $3.48

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The Motley Fool

AUGUST 27, 2024

These features make it an excellent investment option for those desiring income and who are comfortable with receiving a Schedule K-1 federal tax form that MLPs like Enterprise send to their investors each year. A cash flow-generating machine Enterprise Products Partners operates a diversified portfolio of midstream assets.

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The Motley Fool

DECEMBER 19, 2024

Secondly, and simultaneously, we continue to migrate our operating platform to an asset like configuration. reflecting our lower volume and lower average sales price leverage. In the very near future, the spin-off will be public and that will complete our now almost five-year migration to an asset light operating model.

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The Motley Fool

NOVEMBER 3, 2024

billion Canadian ($3 billion) of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the period. Fueling that growth was strong utilization across its existing assets, recently completed expansion projects, and the impact of acquisitions. The pipeline and utility operator produced $4.2 target range.

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The Motley Fool

APRIL 29, 2024

We believe the introduction of spot bitcoin ETPs further evidences the maturation of bitcoin as an institutional grade asset class with broader regulatory recognition and institutional adoption. Leverage provides the opportunity to generate higher returns if the price increases.

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The Motley Fool

FEBRUARY 19, 2025

We had a total estimated pre-tax statutory loss for our U.S. For the full year, we generated strong statutory pre-tax income of $378 million. We ended the fourth quarter with holding company cash and liquid assets of $294 million, which includes approximately $186 million in cash set aside for future obligations.

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The Motley Fool

AUGUST 23, 2024

These assets generate predictable cash flow backed by long-term, fee-based contracts. These assets accelerate our entry into this region by at least three or four years. times leverage ratio , which provides it greater access to low-cost capital to make accretive deals.

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The Motley Fool

FEBRUARY 28, 2025

Two additional key performance indicators that management will be discussing on this call are net asset value or NAV and return on equity or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. We've also continued to produce favorable results in our asset management business.

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The Motley Fool

JANUARY 31, 2025

We anticipate a substantial portion of this growth will be driven by robust performance from Skyrizi and Rinvoq to assets are expected to collectively generate nearly $24 billion of revenue in 2025, reflecting growth of more than $6 billion. We are also rapidly advancing our next-gen c-Met asset. The adjusted tax rate was 20.2%.

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Assets Portfolios Investors Taxes 231

The Motley Fool

JANUARY 10, 2024

After its 2022 merger with Kirkland Lake Gold and its acquisition of Yamana's Canadian assets, Agnico has emerged as a leading producer of gold -- and profits. This helps provide the ability to acquire more assets or to advance growth projects that will expand its mineral resources and strengthen the company's future.

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The Motley Fool

JULY 1, 2024

Meanwhile, its balance sheet is in good shape with a leverage ratio (net debt/adjusted EBITDA ) of just 3.2 < Situated in the right basins, MPLX looks in good shape to continue growing its distributions, while its forward enterprise value (EV) -to-EBITDA (earnings before interest, taxes, depreciation, and amortization) valuation of 9.6

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The Motley Fool

NOVEMBER 7, 2024

life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. We ended the quarter with cash and liquid assets of $369 million inclusive of approximately $162 million in advanced cash payments. More recently, both U.S.

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The Motley Fool

APRIL 1, 2024

The move will expand Home Depot's addressable market by an estimated $50 billion, but the company said it would suspend share buybacks until it returns to its target-debt leverage of two times earnings before interest, taxes, depreciation, and amortization ( EBITDA ).

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Amortization Depreciation Earnings Before Interest Debt 246

The Motley Fool

MAY 17, 2024

That makes logical sense, given that, historically, around 57% of its earnings before interest, taxes, depreciation, and amortization ( EBITDA ) came from oil pipelines, with another 28% from natural gas pipelines. Most of its assets, however, have similar revenue dynamics since they are either regulated, fee-based, or contract-driven.

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The Motley Fool

AUGUST 18, 2023

That's a concerning number when the company's current assets total less than $10 billion. The company is targeting a gross leverage ratio of 3.0. Gross leverage compares gross to debt to adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ).

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The Motley Fool

OCTOBER 9, 2024

A digital collaboration Enbridge recently unveiled a collaboration with Microsoft and will use AI to drive significant advancements in safety, emissions reduction, and asset optimization across its pipeline and utility platforms. That will enhance safety, reduce complexity, and maintain the health of its assets. million-$219.9

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The Motley Fool

AUGUST 16, 2024

I won't have to worry about paying taxes on those Roth dollars in retirement because I'm taking care of the tax bill upfront. I'm simply leveraging the accounts available to me, keeping a close eye on my finances, and doing my research to stay on course. To be on the safe side, I've set my sights on becoming a Roth millionaire.

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The Motley Fool

DECEMBER 28, 2023

Drilling down into the deal Williams has agreed to buy a portfolio of natural gas storage assets from Hartree Partners for nearly $2 billion. The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. billion to $6.8 times in 2018.

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The Motley Fool

FEBRUARY 12, 2025

One, CVS Health's collection of assets, its reach, its connection with 185 million Americans, whether in our stores or clinics. A recent example of how we're using our enterprise assets to solve important issues for our clients and help offset the rising healthcare costs is through actions we've taken in the biosimilar market.

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Leveraging Bidding Assets Shareholders 214

The Motley Fool

NOVEMBER 10, 2024

However, there's much less of a tax drag on the transaction. Share repurchases incur a 1% tax (paid by the business); qualified dividends are taxed at the long-term capital gains tax rate (paid by the shareholder). It's also taken a different strategy when it comes to fiber, opting to lease fixed-line assets.

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The Motley Fool

OCTOBER 12, 2024

It all starts with its master limited partnership structure, which is designed to pass income on to investors in a tax-advantaged manner. (A Enterprise owns energy infrastructure like pipelines , storage, refining, and transportation assets that are vital to the energy sector's operation. Then, factor in its business model. times over.

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Leveraging Assets Capital Taxes 246

The Motley Fool

DECEMBER 14, 2024

Moreover, its portfolio of assets is spread across the globe. That would be low for any company, but importantly gives management the leeway to take on leverage to fund the business (and the dividend) during energy industry downturns. Chevron also has one of the strongest balance sheets, with a debt-to-equity ratio of 0.17

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Leveraging Taxes Debt Assets 242

The Motley Fool

JANUARY 31, 2025

First, we committed to leveraging our distinctive risk capital and human capital structure to unlock new solutions that address the evolving client demand discussed earlier. Moving to interest, other income and taxes on Slide 11. Third, we paid down $2.1 billion in debt and returned $1.6 We are executing our plan.

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Leveraging Capital Taxes Shareholders 130

The Motley Fool

APRIL 24, 2024

Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. Turning to Originations, our team did a great job generating $32 million in pre-tax income while continuing to be an industry leader in retention. Kurt Johnson -- Executive Vice President, Chief Financial Officer Thanks, Mike.

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