Markets
MMC

The Zacks Analyst Blog Highlights: Petrobras, Enterprise Products, Marsh & McLennan, Carnival and Valero

For Immediate Release

Chicago, IL -August 31, 2018 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: PetrobrasPBR , Enterprise Products PartnersEPD , Marsh & McLennanMMC , CarnivalCCL and Valero EnergyVLO .

Here are highlights from Thursday's Analyst Blog:

Top Analyst Reports for Petrobras, Enterprise Products and Marsh & McLellan

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Petrobras, Enterprise Products Partners and Marsh & McLennan. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

Shares of buy-rated Petrobras have underperformed the Zacks Emerging Markets Integrated Oil industry over the last three months, declining -9.3% vs. -0.6%. However, with higher oil prices helping the state-run energy giant report a jump in second-quarter profits, the stock should return to favor.

Brazil's flagship oil company's net quarterly profit of $2,794 million was the highest since 2011. The company also dished out a strong free cash flow performance that reflected operational improvement and lower investments.

Importantly, Petrobras has been able to trim its massive debt load. As it is, the company stands to benefit from Brazil's economic growth and huge pre-salt oil reserves. Consequently, Petrobras offers substantial upside potential from the current price levels and is a preferred emerging market energy play to own now.

Enterprise Products ' shares have gained +14.3% over the last six months, even as the Zacks Oil Production Pipeline MLP industry advanced by +13.1%. The partnership boasts of an extensive network of pipeline that spreads across 50,000 miles.

Importantly, the pipeline network is connected to every major U.S. shale play and provides services to producers and users of commodities by transporting gas, liquids and refined products. Almost 80% of the Enterprise Products' pipeline contracts with shippers have been extended for 15 to 20 years, which should help the partnership generate steady cashflow for unit holders.

The partnership recently reported strong second-quarter 2018 earnings. However, rising operating expenses has been affecting the partnership's bottom-line. Moreover, the partnership has significant exposure to debt, which is a serious concern.

Shares of Marsh & McLennan have outperformed the Zacks Insurance Broker industry in the last year, gaining (+8.3% vs. +7.6%). The company is well-poised to grow on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to expand within the existing presence, foray into new businesses and also develop new segments.

The company will see growth in the middle and small commercial areas. It has some plans to enhance its geographic footprint as well. Its ongoing investments are likely to boost its margins. However, high costs and low investment income remain headwinds for the company.

Other noteworthy reports we are featuring today include Carnival and Valero Energy.

Best Electric Car Stock? You'll Never Guess It.

Zacks Research has released a report that may shock many investors. One stock stands out as the best way to invest in the surge to electric cars. And it's not the one you may think!

Much like petroleum 150 years ago, lithium battery power is set to shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, revenues that were already at $31 billion in 2016 are expected to blast to over $67 billion by the end of 2022.

See Zacks Best EV Stock Free >>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss . This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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

Petroleo Brasileiro S.A.- Petrobras (PBR): Free Stock Analysis Report

Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report

Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report

Carnival Corporation (CCL): Free Stock Analysis Report

Valero Energy Corporation (VLO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MMCPBRVLOEPDCCL

Other Topics

Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More