Streetbeat News

Assets

HPK

HighPeak Energy has increased its production by 10% for 2024 while reducing its capital budget and number of rigs. This improvement in financial health opens up the possibility for traditional corporate financing. The company is optimizing oil production, although the rising natural gas production is not a long-term solution.

Portfolio Pulse from

March 16, 2025 | 1:15 pm

SBH

Sally Beauty Holdings (SBH) is nearing the end of its deleveraging process, which could lead to increased free cash flow and potential stock buybacks or dividends. Despite a recent drop in stock price due to aggressive selling by Fidelity, there is a significant rebound opportunity.

Portfolio Pulse from

March 16, 2025 | 11:30 am

JOE

St. Joe Company is undervalued with its real estate portfolio trading below intrinsic value. The company plans significant residential and commercial development by 2064. Despite a challenging housing market, its hospitality and commercial segments are showing strong growth.

Portfolio Pulse from

March 16, 2025 | 10:00 am

VWAGY

Porsche SE, the largest shareholder of Volkswagen, has clarified that it is not considering selling its voting shares in Volkswagen, countering a newspaper report suggesting otherwise.

Portfolio Pulse from

March 16, 2025 | 9:30 am

PMT

The first week of March saw a decline in most preferreds sectors due to rising Treasury yields and wider spreads, indicating weaker risk sentiment and lower equity prices. PennyMac Mortgage Investment Trust issued a new 9% 2030 bond, trading at an 8.35% yield, which offers a stable book value profile.

Portfolio Pulse from

March 16, 2025 | 8:45 am

EGY

Vaalco Energy is undergoing a transition year with a significant FPSO refurbishment project that will temporarily reduce production. Egyptian receivables initially increased but are reversing. The project is a one-time expense, leading to expected free cash flow growth in 2026.

Portfolio Pulse from

March 16, 2025 | 6:00 am

MPLX

MPLX, a major midstream player formed by Marathon Petroleum, is focusing on its 'NGL wellhead to water strategy' with a $2.5B CapEx plan. Despite high valuation metrics, MPLX shows strong profitability and offers a 6.8% distribution yield.

Portfolio Pulse from

March 16, 2025 | 5:30 am

GNL

Global Net Lease (GNL) is cutting its dividend, disposing of non-core assets, and initiating a $300 million share repurchase program. The dividend cut saves $78 million annually, aiding debt reduction and buybacks. The sale of a $1.8 billion portfolio accelerates deleveraging.

Portfolio Pulse from

March 16, 2025 | 4:30 am

LFSC

LFSC is a new small-cap health care ETF managed by Emerald Advisers, focusing on innovation over profits. With $49 million in assets and a 0.54% expense ratio, it employs a proven research process.

Portfolio Pulse from

March 16, 2025 | 4:00 am

BRK-A

Warren Buffett's significant cash reserves suggest he is preparing for a potential market downturn, but Wall Street seems to be ignoring these signals.

Portfolio Pulse from

March 15, 2025 | 6:00 pm