Plains All American Pipeline, L.P (PAA)., a master limited partnership (MLP), is involved in the transportation, storage, terminalling and marketing of crude oil, natural gas, natural gas liquids (NGL) and refined products in the U.S. and Canada. Plains All American Pipelines’ widespread Permian Basin operations should allow it to capture the increasing Permian production volumes. The firm's cost-saving initiatives, JV and asset divestitures are expected to boost operations. Its expansion of existing pipelines and development of new pipeline projects in key production regions of the United States should drive its operations. The firm has enough liquidity to meet its near-term debt obligations. The firm's units have outperformed the industry in the past three months. PAA appears to have plenty of room to run.
IHS Holding Limited (IHS) is an independent owners, operators and developers of shared telecommunications infrastructure. This communications infrastructure company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.9% over the last 60 days. IHS’ shares gained 72.7% over the last three months compared with the S&P 500’s decline of 6.2%. The company possesses a Momentum Score of A. The company came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items. There has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Plains All American Pipeline, L.P. (PAA) : Free Stock Analysis Report
IHS Holding Limited (IHS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.