What Retirees Should Watch Before Buying Into AMZA's 7.51% Yield This Year - 24/7 Wall St.[S&P 5006,945.10 +0.79%][Dow Jones49,508.00 +0.70%][Nasdaq 10025,306.00 +1.30%][Russell 20002,668.40 +0.63%][FTSE 10010,820.30 +0.99%][Nikkei 22559,645.30 +2.96%][Live Nasdaq Composite: Tech Tailwinds Boost Market Sentiment, Reclaiming Lost Ground][Investing]# What Retirees Should Watch Before Buying Into AMZA's 7.51% Yield This Year### Quick ReadInfraCap MLP ETF (AMZA) returned 15.33% year- to-date through February 20 ...

Core Insights - The discussion centers around the performance and outlook of major tech companies, particularly Nvidia, Tesla, and the so-called "Magnificent Seven" (Mag-7) stocks, which include Apple, Microsoft, Meta, Google, Amazon, and Nvidia. The sentiment is cautious, with a focus on the potential for volatility in the market and the importance of strategic investment decisions. Group 1: Nvidia and Market Sentiment - Nvidia's upcoming earnings report is anticipated with uncertainty, as past earnings have not consistently led to stock price increases despite strong performance [4][5][20] - The speaker has reduced their Nvidia position, citing a lack of confidence in the stock's ability to maintain upward momentum post-earnings [6][22] - The overall market sentiment indicates that while 60% of S&P 500 stocks are outperforming the index, the Mag-7 stocks have seen pullbacks, suggesting a potential shift in market dynamics [7] Group 2: Analysis of Major Tech Companies - Apple is viewed as having the best risk-reward profile in the market, with expectations of steady returns through buybacks, although it may not double in value [8][60] - Microsoft is compared to Exxon in terms of forward P/E ratios, with a preference for holding Microsoft due to its growth potential [8][13] - Meta is seen as a strong contender in the AI space, with a recommendation to buy if the stock price falls below $620 [9] Group 3: Memory and Semiconductor Sector - The memory market is experiencing significant price increases, with prices for SanDisk memory cards reportedly doubling over the last 90 days due to supply constraints [25][29] - The speaker believes that the memory bottleneck will persist, contrary to some analysts who predict an expiration date for this issue [26] - Companies like Seagate, Western Digital, and Micron are highlighted as potential investment opportunities within the memory sector [27][29] Group 4: Energy Sector Insights - The energy sector has shown strong performance, with a 23% increase year-to-date, and specific companies like Devon Energy and Schlumberger are recommended for their solid fundamentals [30][32] - The speaker emphasizes the importance of dividends and low debt in selecting energy stocks, with MPLX highlighted for its attractive yield [33] Group 5: Investment Strategy and Tools - The use of analytical tools like TrendSpider and Seeking Alpha is emphasized for making informed investment decisions, particularly in volatile markets [34][36] - The speaker advocates for a buy-and-hold strategy, focusing on a limited number of stocks to manage effectively [56][86] - The importance of having cash reserves for potential market dips is also noted, allowing for strategic buying opportunities [72][74]

Key Takeaways WES posted Q4 earnings of 47 cents, missing estimates and falling from 85 cents a year ago.Revenues increased to $1.03B but missed estimates as gas and NGL throughputs declined.Operating costs jumped to $744.2M, driven by higher G&A expenses despite a solid cash flow.Western Midstream Partners LP (WES) reported fourth-quarter 2025 earnings of 47 cents per common unit, which missed the Zacks Consensus Estimate of 91 cents. The bottom line declined from the year-ago quarter’s 85 cents.Total quar ...

Core Viewpoint - Marathon Petroleum's strong midstream income supports its dividend even if refining margins decline, with significant cash returns to shareholders expected to continue [1][2]. Financial Performance - In the fourth quarter, Marathon Petroleum reported adjusted earnings of $4.07 per share, exceeding analyst expectations, driven by refining margins capturing 114% of the benchmark crack spread, an increase from 96% in the previous quarter [1]. - Cash from operations reached $2.7 billion, nearly 60% higher than the previous year [1]. Shareholder Returns - The company returned $4.5 billion to shareholders through share repurchases and dividends during the year, with expectations for stronger cash returns moving forward [2]. Cash Flow Model - Marathon operates on a two-pronged cash flow model, with its midstream subsidiary MPLX LP generating fee-based income from pipelines and processing plants [3]. - MPLX distributions to Marathon are projected to exceed $3.5 billion annually over the next two years, up from $2.8 billion [6]. Refining Segment - The refining segment processes over 3 million barrels per day, with a refining margin of $18.65 per barrel in the fourth quarter, a 44% year-over-year increase [4]. - The refining segment accounts for approximately half of the company's adjusted EBITDA [8]. Market Outlook - Management anticipates tight global refining supply and steady distillate demand through 2026, with regional refinery closures tightening the domestic market [8]. - The stock is currently valued at around $200 per share, with a 1.9% dividend yield, and is considered fairly valued given its midstream stability [9].

Core Insights - Enbridge Inc. (ENB) reported fourth-quarter 2025 adjusted earnings per share (EPS) of 63 cents, exceeding the Zacks Consensus Estimate of 60 cents and improving from 53 cents in the same quarter last year [1][11] - Total quarterly revenues reached $12.32 billion, up from $11.59 billion in the prior-year quarter, also surpassing the Zacks Consensus Estimate of $11.74 billion [1][11] Financial Performance - The strong quarterly results were driven by higher Adjusted EBITDA contributions from Liquids Pipelines, Gas Transmission, and Gas Distribution and Storage segments, while lower contributions from Renewable Power Generation slightly offset these gains [2] - Enbridge reported a Distributable Cash Flow (DCF) of C$3.21 billion, an increase from C$3.07 billion recorded a year ago [8] Segment Analysis - **Liquids Pipelines**: Adjusted EBITDA totaled C$2.45 billion, up from C$2.39 billion in the year-ago quarter, primarily due to stronger contributions from the Mainline System and Regional Oil Sands, despite lower contributions from Gulf Coast and Mid-Continent Systems [4] - **Gas Transmission**: Adjusted earnings reached C$1.31 billion, an increase from C$1.27 billion in the fourth quarter of 2024, driven by stronger contributions from Canadian Gas Transmission and Other, partially offset by lower earnings from U.S. Gas Transmission [5] - **Gas Distribution and Storage**: This unit generated a profit of C$586 million, up from C$502 million in the prior-year quarter, mainly due to higher contributions from U.S. Gas Utilities and colder weather [6] - **Renewable Power Generation**: The segment recorded earnings of C$211 million, down from C$308 million in the prior-year quarter [6] - **Eliminations and Other**: This segment recorded earnings of C$105 million, down from C$140 million in the prior-year quarter [7] Balance Sheet - At the end of the fourth quarter, Enbridge reported long-term debt of C$98.96 billion, with cash and cash equivalents of C$1.09 billion and a current portion of long-term debt of C$1.03 billion [9] Outlook - Enbridge reaffirmed its 2026 guidance for Adjusted EBITDA in the range of C$20.2 billion to C$20.8 billion and DCF per share between C$5.70 and C$6.10 [12] - The company expects a near-term growth outlook (2023-2026) of 7-9% for Adjusted EBITDA, 4-6% for EPS, and nearly 3% for DCF per share, with an anticipated annual growth of approximately 5% beyond 2026 [12]

For reasons I have not yet come to grips with, I’ve been saying this phrase a lot in 2026: “I’m old enough to remember when…” And now, I’ll do it again. Because I’m old enough to remember when very few investors knew what master limited partnerships (MLPs) were. Or, simply confused them with private funds. But this industry has come a long way in terms of investor recognition. And from my chart work, it looks poised to again capture some hearts. One in particular, a stalwart in the group, is the Alerian ...

Core Insights - High Yield Investor is celebrating its fifth anniversary by offering a 30-day money-back guarantee, encouraging new memberships and promoting its Top Picks for 2026 [1] - The investment strategy focuses on building a diversified portfolio of high-yielding, high-quality businesses with strong balance sheets and sustainable yields, aimed at generating passive income for retirement [1] Company Background - Samuel Smith, the lead analyst and Vice President, has extensive experience in dividend stock research and holds advanced degrees in engineering and mathematics [1] - The High Yield Investor team includes Samuel Smith, Jussi Askola, and Paul R. Drake, who work together to balance safety, growth, yield, and value in their investment approach [1] Service Offerings - High Yield Investor provides various portfolios including core, retirement, and international options, along with regular trade alerts and educational content [1] - The service features an active chat room for investors to engage and share insights [1]

Core Viewpoint - Enterprise Products Partners L.P. (EPD) is a leading midstream operator that generates stable, fee-based cash flows through long-term contracts for transporting crude oil, natural gas, NGLs, refined products, and petrochemicals across its extensive asset base [1] Group 1: Financial Performance and Returns - EPD has returned approximately $62 billion to equity investors since its IPO through distributions and unit buybacks [2][9] - EPD's shares have gained 6.9% over the past year, outperforming the industry composite stocks, which declined by 3.4% [6] - EPD trades at a trailing 12-month enterprise-value-to-EBITDA (EV/EBITDA) of 11.15X, slightly below the industry average of 11.19X [7] Group 2: Capital Projects and Future Growth - EPD has a backlog of major capital projects totaling $4.8 billion currently under construction, with several projects expected to enter service by 2026 [3][9] - The company plans to allocate growth capital spending of $2.5-$2.9 billion for 2026 and $2-$2.5 billion for 2027, along with maintenance capital of about $580 million in 2026 [3][9] Group 3: Industry Comparisons - Other midstream players like Kinder Morgan Inc. (KMI) and MPLX LP (MPLX) are also focused on returning capital to shareholders, with KMI exceeding $2.6 billion in dividend payments in 2025 and MPLX returning $4.4 billion to unitholders [4][5]

Core Insights - Energy Transfer LP (ET) is an MLP that issues a K-1 tax form, indicating its structure and tax implications for investors [1] Group 1: Company Overview - Samuel Smith, a lead analyst and Vice President at various dividend stock research firms, has a diverse background in engineering and project management, contributing to his expertise in investment analysis [1] - The High Yield Investor investing group, led by Samuel Smith, focuses on balancing safety, growth, yield, and value in investment strategies [1] Group 2: Investment Strategy - High Yield Investor offers real-money core, retirement, and international portfolios, along with regular trade alerts and educational content for investors [1] - The service includes an active chat room for like-minded investors, fostering community engagement and shared insights [1]

Core Insights - Energy Transfer LP (ET) is an MLP that issues a K-1 tax form, indicating its structure and tax implications for investors [1] Group 1: Company Overview - Samuel Smith, a lead analyst and Vice President at various dividend stock research firms, has a diverse background in engineering and project management, contributing to his investment analysis [1] - The High Yield Investor investing group, led by Samuel Smith, focuses on balancing safety, growth, yield, and value in investment strategies [1] Group 2: Investment Strategy - High Yield Investor offers various portfolios including core, retirement, and international options, along with regular trade alerts and educational content for investors [1]