文章核心观点 - 寻找优质价值股的最佳方式是结合强力的Zacks排名和风格评分系统价值类别中的出色评级，基于各项指标，Enterprise Products Partners（EPD）比Oneok Inc.（OKE）更具价值优势 [1][6] 公司排名情况 - Enterprise Products Partners的Zacks排名为2（买入），Oneok Inc.的Zacks排名为3（持有），EPD近期盈利前景改善可能强于OKE [2] 价值类别评级指标 - 价值类别根据市盈率、市销率、盈利收益率、每股现金流等关键指标对股票进行评级 [3] 公司具体指标对比 - EPD的预期市盈率为10.48，OKE为16.03；EPD的PEG比率为1.33，OKE为4.25 [4] - EPD的市净率为2.16，OKE为2.80 [5] 公司价值评级结果 - EPD的价值评级为A，OKE为C，EPD因坚实的盈利前景和估值数据，是当下更优的价值选择 [6]

文章核心观点 - 公司是MLP/中游领域的优质投资选择，现金流强劲支撑高于平均水平的股息收益率，股息削减风险极低，公司以可持续和降低风险的方式增长且不牺牲资产负债表质量，因此维持买入评级 [3][8] 公司财务状况 - 按第一季度业绩年化计算，公司首席财务官（未调整营运资金）约为88亿美元，足以覆盖投资和支付季度股息，过去12个月调整后运营现金流派息率为56%，处于非常保守的水平 [6] - 2025年后，资本支出计划将缩减至25 - 30亿美元（含维护资本支出），且公司大部分现金流与周期性增长挂钩，已执行的增长项目将带来增量现金，未来可用于分配的现金流将增加 [6] - 2024年和2025年，增长资本支出预计在32.5 - 37.5亿美元之间，2026 - 2027年若资本支出回归20 - 25亿美元的正常范围，公司将有更多灵活性进行股票回购 [7] - 第一季度公司进行了可观的股票回购，在市场上购买了约140万个单位，花费4000万美元，过去12个月总回购额达2.11亿美元 [7] - 执行回购、投入大量资金用于增长资本支出并支付季度股息（较2023年第一季度增长5.1%）后，公司资产负债表依然稳健，杠杆率为3.0倍，债务到期情况良好，今年无到期借款，2025年仅有11亿美元，理论上可用现金流偿还 [7] 公司业绩表现 - 2024年第一季度业绩稳健，总毛运营利润率较2023年第一季度增长约7%，增长得益于增值增长资本支出投产和更好的利差捕捉 [10] - 调整后现金流同比增长6%，季度总现金生成（运营现金流未调整营运资金）达21亿美元，自由现金流超10亿美元，反映了扣除必要资本支出后可用于分配、回购和优化资产负债表的实际资金 [10] - 第一季度资本支出方面，公司在增长项目上投入8.75亿美元，资产维护投入1.8亿美元，在盈利背景下较为保守，预计2024和2025年增长资本支出在32.5 - 37.5亿美元之间，维护资本支出约5.5亿美元，两年总资本支出约40亿美元 [10] 公司投资优势 - 公司投资级信用评级高于同行，杠杆率更低，增长资本支出目标更平衡，资本结构未来将保持稳健，估值更优，如企业价值/息税折旧摊销前利润为10.03倍，低于同行的13.4倍 [9] - 自相关文章发表以来，公司和同行的总回报率均高于MLP市场 [9]

文章核心观点 - 投资者决策常依赖分析师建议，但券商评级有偏差，应结合其他工具如Zacks Rank做投资决策 [1][3][5] 企业产品合作伙伴公司评级情况 - 企业产品合作伙伴公司平均券商评级（ABR）为1.44，接近强力买入与买入之间，18家券商建议中13个强力买入、2个买入，分别占72.2%和11.1% [2] 券商评级趋势及问题 - ABR建议买入企业产品合作伙伴公司股票，但仅据此决策不佳，券商评级指导投资者选潜力股成功率低 [3] - 券商因既得利益对股票评级有积极偏差，“强力卖出”与“强力买入”推荐比例为1:5 [4] - 券商利益与散户投资者不一致，评级对股价走势参考价值小，可用于验证自身分析或有效预测工具 [5] Zacks Rank评级工具优势 - Zacks Rank将股票分为5组，是可靠的短期股价表现指标，结合ABR有助于做出盈利投资决策 [6] - ABR基于券商推荐计算，通常为小数；Zacks Rank是量化模型，基于盈利预测修正，显示为整数1 - 5 [7] - 券商分析师推荐常过度乐观，误导投资者；Zacks Rank核心是盈利预测修正，与短期股价走势强相关，且各等级比例均衡 [8][9] - ABR可能不及时，Zacks Rank因分析师不断修正盈利预测而能及时反映，预测股价更及时 [10] 企业产品合作伙伴公司投资分析 - 企业产品合作伙伴公司当前年度Zacks共识预测过去一个月增长0.4%至2.71美元，分析师对盈利前景乐观或使股价近期上涨 [11] - 共识预测变化及其他因素使企业产品合作伙伴公司获Zacks Rank 2（买入），ABR可作投资者有用参考 [12]

A month has gone by since the last earnings report for Enterprise Products Partners (EPD) . Shares have added about 1.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Enterprise Products due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Enterprise Q1 Earnings a ...

核心观点 - 文章推荐了三支高股息股票作为被动收入来源的明智选择 [1] AT&T (T) - AT&T是一家拥有140多年历史的电信巨头，为超过1亿个人用户和250万企业提供无线和互联网服务 [2] - 高客户忠诚度和5G及高速光纤互联网用户的稳定增长使公司2024年自由现金流预计达180亿美元 [3] - 充裕的现金流可覆盖约80亿美元的年度股息支付，剩余资金用于减少债务以强化资产负债表 [4] - 当前股价仅为预期现金流的7倍，远期股息收益率达6.3% [5] Altria Group (MO) - 这家烟草巨头当前股息收益率高达8.6%，过去54年已58次提高股息支付 [6] - 人口增长和产品提价抵消了吸烟率下降的影响，过去十年股东总回报与自由现金流增长基本同步 [7] - 未来增长将主要来自无烟产品和 cannabis 业务，On! 无烟尼古丁袋一季度出货量增长32% [8][9] - 通过收购NJOY Holdings扩大无烟产品组合，预计2028年无烟产品收入将从2023年的27亿美元增至50亿美元 [9] - 持有加拿大 cannabis 公司Cronos Group约40%股份，美国 cannabis 行业潜在规模或达1000亿美元 [10][11] - 当前股价不到2024年预期收益的9倍，管理层3月出售24亿美元AB InBev股份用于回购自家股票 [12] Enterprise Products Partners (EPD) - 这家能源基础设施公司受益于AI繁荣带来的电力需求增长，特别是天然气运输服务 [13] - 拥有覆盖全美的管道、处理设施和储存站点，收入主要来自基于运输量的费用而非商品价格波动 [14] - 作为MLP必须将大部分收益分配给投资者，当前远期股息收益率7.3%，并保持25年连续年度股息增长记录 [15] - 未来几十年人口增长和AI服务激增将推动能源运输需求持续上升，公司5万英里管道网络可满足数据中心电力需求 [16][17]

Two historically cheap high-octane dividend stocks that have consistently raised their payouts for a quarter of a century are ripe for the picking by opportunistic income seekers. Over the last century, Wall Street has been a virtually unstoppable wealth creator for patient investors. Although other asset classes have helped build nominal wealth, such as oil, gold, bonds, and housing, none comes close to the annualized average returns over the last 100 years that stocks have brought to the table. With thous ...

Matteo Colombo/DigitalVision via Getty Images Co-authored by Treading Softly When it comes to raising children, every child is unique and special, yet they can fall into two categories. One that you need to keep under constant supervision, essentially babysitting or monitoring on a regular basis. The other is a child you can trust to follow the rules and expectations that you've laid out even when you're not around. While every child is precious, knowing which of your children you need to watch more closely ...

On the day I'm writing this, crude oil prices are falling on a surprise inventory build. This virtually assures that the OPEC+ nations will be maintaining their output cuts. And the inventory build comes on the heels of the announcement that the Biden administration will be releasing more fuel from the U.S. Strategic Petroleum Reserve. Despite all of these short-term headwinds, this is still a time to look for oil and gas stocks to buy. For starters, analysts are forecasting a significant increase in natura ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Va ...

Investors looking for stocks in the Oil and Gas - Production Pipeline - MLB sector might want to consider either Enterprise Products Partners (EPD) or Oneok Inc. (OKE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts ...