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Highlights
- In Q3 2022, Keyera’s net earnings were C$ 123.38 million.
- In Q2 2022, NorthWest Healthcare reported net operating income of C$ 88.88 million.
- Pembina’s adjusted EBITDA in Q3 2022 was C$ 967 million.
Investors strategize their investments according to their goals, each has different goals. The portfolio reflects the present and future wealth of an investor willing to operate in the market. There may be several factors that may play a crucial role in the past but may be irrelevant in the future. Be careful of all the trends and analyze them from time to time.
Since stocks are a vital way of earning passive income, they should be selected with a long-term approach. Consider the companies that show growth prospects and have stable past performance as well. With the market condition going through a lot with rising inflation and Fed Reserve’s aggressive interest rates, there may be fluctuations in the payouts of many companies.
Make way for consistent passive income and stabilize your portfolio in an effective manner.
Here, we explore three stocks and assess their financial performances in recent quarters:
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Keyera Corp. (TSX:KEY)
Keyera Corp. is a midstream energy business that is engaged in processing and gathering of natural gas, transportation and storage of natural gas liquids and marketing of crude oil and NGLs.
In Q3 2022, Keyera’s net earnings were reported at C$ 123 million versus C$ 69.8 million in the same quarter of the previous year. The cash flow from operating activities rose to C$ 135.10 million from C$ 106.37 million for the same comparative period. The adjusted EBITDA also increased to C$ 246.84 million from C$ 213.57 million. The funds from operations (FFO) grew to C$ 218.13 million from C$ 168.76 million. The company distributes a monthly dividend of C$ 0.16 per share.
The P/E (price-to-earnings) ratio of KEY, NWH.UN and PPL:
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NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN)
Northwest Healthcare Properties deals in healthcare real estate catering to different investors.
In Q2 2022, NorthWest Healthcare’s net operating income grew to C$ 88.88 million from C$ 69.82 million in the year-ago quarter. The FFO also rose to C$ 46.09 million from C$ 42.29 million. The revenue from investment properties increased to C$ 111.8 million. The dividend yield of the company was posted at 6.981 per cent with a monthly dividend per share of C$ 0.067.
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Pembina Pipeline Corporation (TSX:PPL)
Pembina Pipeline Corporation operates with an integrated portfolio serving North America and Canada. The company’s assets consist of gas gathering, pipelines, storage assets, and fractionation assets.
In Q3 2022, Pembina’s earnings were noted at C$ 1,829 million versus C$ 588 million in the same quarter of the previous year. The revenue of the company was posted at C$ 2,779 million from C$ 2,149 million for the same period. The earnings per share increased to C$ 3.24 from C$ 1.01. The adjusted EBITDA soared to C$ 967 million from C$ 850 million. Pembina posted a monthly dividend at C$ 0.217 per share with a dividend yield of 5.613 per cent.
The EPS (earnings per share) is C$ 4.83.
Bottom Line
Operating in the long run, investors must keep in mind the risk factors prevailing in the market. Assess your risk appetite and add on the stocks accordingly. Segragte the stocks according to your portfolio’s parameters and reposition it from time to time. This will keep you updated with any change in the market and trends to fit in to you existing stock selection.
Please note, the above content constitutes a very preliminary observation based on the industry and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.
