Member Articles

Big Energy Earnings Roundup

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Image Source: Exxon Mobil Corporation – Third Quarter 2019 Earnings Presentation By Callum Turcan In alphabetical order by ticker: COP, CVX, RDS, TOT, XOM ConocoPhillips On October 29, upstream super-independent ConocoPhillips (COP) reported third quarter earnings for 2019. Its adjusted underlying oil and gas output rose by 7% year-over-year to over 1.3 million BOE/d in the quarter. Conoco sold off most of its UK operations (through a deal announced in April 2019), which were primarily represented by mature offshore oil and gas fields and a stake in the Clair oilfield, raising approximately $2.2 billion in net cash proceeds when the deal was completed in the third quarter. That transaction will see Conoco’s upstream output move lower sequentially in the fourth … Read more

Dividend Increases/Decreases for the Week Ending November 22

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Below we provide a list of firms that raised their dividends during the week ending November 22. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Agilent (A): now $0.18 per share quarterly dividend, was $0.164. American Equity (AEL): now $0.30 per share annual dividend, was $0.28. Brown-Forman (BF.B): now $0.1743 per share quarterly dividend, was $0.1660. C&F Financial (CFFI): now $0.38 per share quarterly dividend, was $0.37. ESSA Bancorp (ESSA): now $0.11 per share quarterly dividend, was $0.10. Everest Re Group (RE): now $1.55 per share quarterly dividend, was $1.40. Farmers … Read more

Dividend Increases/Decreases for the Week Ending December 13

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Below we provide a list of firms that raised their dividends during the week ending December 13. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week The AES Corporation (AES): now $0.1433 per share quarterly dividend, was $0.1365. Albany (AIN): now $0.19 per share quarterly dividend, was $0.18. American Tower (AMT): now $1.01 per share quarterly dividend, was $0.95. Amgen (AMGN): now $1.60 per share quarterly dividend, was $1.45. Andersons (ANDE): now $0.175 per share quarterly dividend, was $0.17. AT&T (T): now $0.52 per share quarterly dividend, was $0.51. BlackRock Enhanced Capital&Income … Read more

Why We Like Lockheed Martin as a Defensive Dividend Growth Play

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Image Source: Lockheed Martin Corporation – Third Quarter Fiscal 2019 Earnings Presentation By Callum Turcan On January 13, 2020, we announced (link here) we were making some major changes to our newsletter portfolios and that included adding major defense contractor Lockheed Martin Corporation (LMT) to the Dividend Growth Newsletter portfolio with a modest 2.5% – 3.5% weighting. Lockheed Martin is the lead contractor on the massive F-35 fighter jet program, has an expansive slate of weapon systems offerings (including the Javelin and Paragon systems), owns helicopter company Sikorsky (which sells aircraft for military, governmental, and civilian purposes), and offers a wide range of other defense related products and services (radar, sensors, etc.). The company is also the lead contractor on … Read more

CyrusOne Is a High-Quality Data Center REIT

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Image Shown: CyrusOne Inc’s financials and near-term growth outlook held up well during the ongoing pandemic, all things considered. Image Source: CyrusOne Inc – Second Quarter of 2020 IR Earnings Presentation By Callum Turcan One of the newest additions to our High Yield Dividend Newsletter portfolio is CyrusOne Inc (CONE), a data center real estate investment trust (‘REIT’). Demand for data centers has been extremely strong during the ongoing coronavirus (‘COVID-19’) pandemic as employees are often working from home (driving up demand for productivity programs which in turn is driving up data consumption worldwide) while demand for data-hungry video streaming services has surged. Over the long haul, we like the outlook for the industry, and more broadly, we prefer companies … Read more

Things Are Looking Up at Cantel Medical But Many Risks Remain

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Image Source: Cantel Medical Corporation – Fourth Quarter and Full Year Earnings for Fiscal 2020 IR Presentation Executive Summary: Medical device and instrument maker Cantel Medical will be a major beneficiary of recent news regarding the growing chances that a safe and viable COVID-19 vaccine will potentially get approved soon. Though the company’s financial performance has deteriorated in recent fiscal years and organic revenue has faced headwinds, the firm’s upwardly-revised guidance (particularly its sales guidance) for the first quarter of fiscal 2021 was a highly encouraging sign, and Cantel noted that the level of elective medical procedures are starting to stabilize. Its recent October 2019 acquisition of Hu-Friedy’s dental operations will put the company in a better position to compete for … Read more

2020 Won’t Soon Be Forgotten

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Note: Due to the New Year’s holiday weekend, the January edition of the Exclusive publication will be released Saturday, January 9. By Brian Nelson, CFA A Record-Breaking Year in All the Worst Ways 2020 won’t soon be forgotten. The tumultuous year brought with it the greatest shock to the U.S. economy in modern history, ushering in the largest-ever decline in U.S. real annualized gross domestic product of 31.4% in the second quarter of the year (surpassing the prior record of a 28.6% collapse in the second quarter of 1921). Strict lockdowns to help contain the outbreak of COVID-19 created the biggest global health emergency in a century, driving a self-inflicted economic collapse worse than the Great Recession, the Great Depression, … Read more

More Earnings Reports: BA, CMCSA, MCD

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Image Shown: Though the past year has been brutal for the commercial airliner and aerospace industries and it will continue to be rough sledding in the near term, Boeing is optimistic that within a few years passenger traffic will return to pre-pandemic levels and resume its growth trajectory thereafter. Image Source: Boeing Company – Fourth Quarter of 2020 IR Earnings Presentation By Callum Turcan In alphabetical order by ticker: BA, CMCSA, MCD We are continuing with our coverage of key earnings reports. Ongoing vaccine distribution activities should help global health authorities bring the coronavirus (‘COVID-19’) pandemic under control, though risks remain as new variants of the virus are popping up all over the place (and then spreading aggressively). Boeing (BA) … Read more

Earnings Roundup: DIS, GM, PEP, TWTR, UA

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Image Shown: A look at the 2022 GM HUMMER EV pickup truck that is due to launch by the end of this year. Image Source: General Motors Company – Fourth Quarter of 2020 IR Earnings Presentation By Callum Turcan In alphabetical order by ticker: DIS, GM, PEP, TWTR, UA Earnings season is roaring along, and we cover the reports of five more companies across different sectors in this article. The coronavirus (‘COVID-19’) pandemic continues to loom large, though we are encouraged by reports from Moderna Inc (MRNA) that its existing COVID-19 vaccine approved for emergency use is at least somewhat effective at treating variants of the virus according to initial clinical trials (a lot more work needs to be done … Read more

DermTech Revolutionizing the Cancer Detection Market

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Image Source: DermTech Inc – Corporate IR Presentation for the first quarter of 2021 Executive Summary: DermTech is an innovator in the skin cancer and skin cancer risk detection market. The company’s DermTech Melanoma Test offering that is built on its Pigmented Lesion Assay (‘PLA’) test is cheaper, more effective, and more patient friendly than traditional skin cancer detection offerings. The total addressable market (‘TAM’) for the company’s currently approved PLA test–and PLAplus test if that offering receives regulatory approval–is estimated to stand at ~$2.5 billion (or more) in the US alone. In our view, there is room for DermTech to take a sizable chunk of that market, especially as the firm scales up its sales force. DermTech is one … Read more