Invesco S&P International Developed Low Volatility ETF
Key for Investors: The Fractionation Spread Rose Last Week
The Henry Hub–Mont Belvieu fractionation spread rose to $13.0 per barrel in the week ending May 13, 2016. The spread was $12.4 per barrel in the previous week.
Fractionation Spread Rose For the Fourth Straight Week
The Henry Hub–Mont Belvieu fractionation spread rose to $12.9 per barrel in the week ending April 29. It was $12.1 per barrel in the previous week.
What Is Western Gas Partners’ Current Valuation?
Currently, Western Gas Partners trades at a price-to-distributable cash flow of 10.3x. This is quite low compared to the ten-quarter average of 17.2x.
Analyzing Western Gas Partners’ Commodity Price Exposure
The earnings of midstream companies do not have much direct commodity price exposure.
Where Does Western Gas Partners Stand Compared to Its Peers?
Western Gas Partners is lagging behind its peers in terms of operating margin.
How Does CAE Compare to Its Peers and ETFs?
The PE (price-to-earnings) ratios of CAE, Lockheed Martin Corporation (LMT), and Embraer (ERJ) are 19.4x, 19.1x, and 36.4x, respectively.
CAE Reports Strong Quarterly Results in 2Q16
CAE has a market capitalization of $3.0 billion. After its 2Q16 earnings report, CAE fell by 2.9% to close at $11.07 per share as of November 11, 2015.