Sunday, September 5, 2021

Top Energy Stocks To Own Right Now

tags:TCP,GLW,HTZ,

Forterra Inc (NASDAQ:FRTA) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Forterra Inc is engaged in manufacturing pipe and precast products in the United States and Eastern Canada for a variety of water-related infrastructure applications, including water transmission, distribution and drainage. Forterra Inc has a market cap of $308.180 million; its shares were traded at around $4.80 with a P/E ratio of 8.40 and P/S ratio of 0.21.

For the last quarter Forterra Inc reported a revenue of $434.5 million, compared with the revenue of $444.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, a decrease of 6.4% from the previous year. For the last five years Forterra Inc had an average revenue decline of 0% a year.

The reported loss per diluted share was 38 cents for the year, compared with the loss per share of $0 in the previous year. The Forterra Inc had an operating margin of 3.06%, compared with the operating margin of -0.12% a year before. The 10-year historical median operating margin of Forterra Inc is 0.35%. The profitability rank of the company is 4 (out of 10).

Top Energy Stocks To Own Right Now: TC PipeLines, LP(TCP)

TC PipeLines, LP, incorporated on December 16, 1998, is a limited partnership company that acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company's pipeline systems transport natural gas in the United States. The Company is managed by its General Partner, which is an indirect subsidiary of TransCanada. The Company has approximately four pipelines and equity ownership interests in over three natural gas interstate pipeline systems that are collectively designed to transport approximately 9.1 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs, and consuming markets primarily in the Western, Midwestern and Eastern United States. All of its pipeline systems are operated by subsidiaries of TransCanada. The Company's pipeline systems include Gas Transmission Northwest LLC (GTN), Northern Border Pipeline Company (Northern Border), Bison Pipeline LLC (Bison), Great Lakes Gas Transmission Limited Partnership (Great Lakes), North Baja Pipeline, LLC (North Baja), Tuscarora Gas Transmission Company (Tuscarora) and Portland Natural Gas Transmission System (PNGTS).

GTN

The Company owns approximately 100% interest in GTN. GTN extends between an interconnection near Kingsgate, British Columbia, Canada at the Canadian border and a point near Malin, Oregon at the California border and delivers natural gas to the Pacific Northwest and to California. Its GTN pipeline has a length of approximately 1,380 miles.

Northern Border

The Company owns approximately 50% interest in Northern Border. Northern Border extends between the Canadian border near Port of Morgan, Montana to a terminus near North Hayden, Indiana, south of Chicago. Northern Border is capable of receiving natural gas from Canada, the Williston Basin and Rocky Mountain area for deliveries to the Midwest. Its Northern Border pipeline has a length of approximately 1,410 miles.

Bison

The Company owns approximately 100% interest in Bison. Bison extends from a location near Gillette, Wyoming to Northern Border's pipeline system in North Dakota. Bison transports natural gas from the Powder River Basin to Midwest markets. Its Bison pipeline has a length of approximately 300 miles.

Great Lakes

The Company owns approximately 46.45% interest in Great Lakes. Great Lakes connect with the TransCanada Mainline at the Canadian border near Emerson, Manitoba, Canada and St. Clair, Michigan, near Detroit. Great Lakes is a bi-directional pipeline that can receive and deliver natural gas at various points along its system. Its Great Lakes pipeline has a length of approximately 2,110 miles.

North Baja

The Company owns approximately 100% interest in North Baja. North Baja extends between an interconnection with the El Paso Natural Gas Company pipeline near Ehrenberg, Arizona and an interconnection with a natural gas pipeline near Ogilby, California on the Mexican border. North Baja is a bi-directional pipeline. Its North Baja pipeline has a length of approximately 90 miles.

Tuscarora

The Company owns approximately 100% interest in Tuscarora. Tuscarora extends between the GTN pipeline near Malin, Oregon to its terminus near Reno, Nevada and delivers natural gas in northeastern California and northwestern Nevada. Its Tuscarora pipeline has a length of approximately 310 miles.

PNGTS

The Company owns approximately 49.9% interest in PNGTS. PNGTS connects with the TransQuebec and Maritimes Pipeline (TQM) at the Canadian border to deliver natural gas to customers in the Unites States northeast. TransCanada owns approximately 11.81% of PNGTS. Its PNGTS pipeline has a length of approximately 290 miles.

Advisors' Opinion:
  • [By Motley Fool Transcribers]

    TC Pipelines L P  (NYSE:TCP)Q4 2018 Earnings Conference CallFeb. 21, 2019, 11:00 a.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

  • [By Max Byerly]

    WARNING: “TC Pipelines (TCP) to Release Earnings on Thursday” was published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/4149932/tc-pipelines-tcp-to-release-earnings-on-thursday.html.

  • [By Matthew DiLallo]

    Finally, investors should check out what the company plans to do with its MLP TC Pipelines (NYSE:TCP), which it had intended to use as a funding vehicle until a rule change no longer made selling assets to the entity a viable option. TransCanada could look to take TC Pipelines private, which is the alternative Enbridge chose for its various publicly traded entities.

  • [By Money Morning Staff Reports]

    TC Pipelines LP (NYSE: TCP) is a master limited partnership (MLP) partly owned by TransCanada Corp. (NYSE: TRP), best known as the designer of the Keystone XL Pipeline. The partnership manages and owns natural gas pipelines across the Midwest and Northwestern part of the United States. The firm transports roughly 9.4 billion cubic feet of natural gas every single day.

Top Energy Stocks To Own Right Now: Corning Incorporated(GLW)

Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures liquid crystal display (LCD) glass for flat panel displays used primarily in notebook computers, flat panel desktop monitors, and LCD televisions. The Telecommunications segment produces optical fiber and cable, and hardware and equipment products, such as cable assemblies, fiber optic hardware, fiber optic connectors, optical components and couplers, closures and pedestals, splice and test equipment, and other accessories for optical connectivity to the telecommunications industry. This segment also offers optical fiber technology products for various applications, such as premises, fiber-to-the-home access, metropolitan, long-haul, and submarine networks. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals used in commercial and industrial markets. The Life Sciences segment provides scientific laboratory products, such as general labware and equipment, as well as tools for cell culture and bioprocess, genomics and proteomics, and high-throughput screening. This segment also develops and produces various technologies, such as the Corning HYPERFlask Cell Culture Vessel for increased cell yields; and other novel surfaces, which include the Corning CellBIND Surface and the Corning Osteo-Assay surface. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is based in Corning, New York.

Advisors' Opinion:
  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Corning (GLW)

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  • [By Matthew Cochrane]

    The stock price of Corning (NYSE:GLW) suffered last year as the glass maker made heavy investments in its manufacturing capacity to meet the rising demand for its products. Operating in a growing market and serving eager customers is always a good thing, but investors can sometimes scare easily, wary of companies that must spend now to earn more later. As it looks right now, though, the investments seem to be paying off. When the glass maker reported its 2018 fourth-quarter earnings last month, shares rocketed higher and are now up more than 10% year to date. A quick glance at the company's quarter reveals what has investors so excited.

Top Energy Stocks To Own Right Now: Hertz Global Holdings Inc(HTZ)

Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. It operates in two segments, Car Rental and Equipment Rental. The Car Rental segment engages in the ownership and lease of cars. This segment operates car rental locations at or near airports, as well as in central business districts and suburban areas of cities in the United States, Canada, France, Germany, Italy, the United Kingdom, Spain, the Netherlands, Switzerland, Belgium, Luxembourg, the Czech Republic, the Slovak Republic, Australia, New Zealand, China, and Brazil. It also operates retail used car sales locations in the United States and France. The Equipment Rental segment rents earthmoving equipment, material handling equipment, aerial and electrical equipment, air compressors, generators, pumps, small tools, compaction equipment, and construction-related trucks. In addition, this segment sells new equipment, and consumables, such as gloves and ha rdhats. The company also offers claim administration services, such as investigating, evaluating, negotiating, and disposing of various claims, including third-party, first-party, bodily injury, property damage, general liability, and product liability. Hertz Global serves various industries, such as construction, petrochemical, automobile manufacturing, railroad, power generation, and shipbuilding. The company was founded in 1918 and is headquartered in Park Ridge, New Jersey.

Advisors' Opinion:
  • [By Daniel Miller]

    Shares of Hertz Global Holdings (NYSE:HTZ), a vehicle rental company with the brands Hertz, Dollar, Thrifty, and Firefly, declined over 14% Tuesday morning after activist investor Carl Icahn cut his stake.

  • [By Jon C. Ogg]

    Hertz Global Holdings Inc. (NYSE: HTZ) was among the big losers on Tuesday after it was disclosed in an SEC filing that Icahn had sold some 5 million common shares of the rental car giant. What is amazing about the drop is that Icahn’s stake of about 24.3 million shares is still roughly 29% of the company. His prior stake had been about 35%.

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