Brookfield Asset Management (BAM) 1Q15: Creating Opportunity with Work

BAM 1Q15 Collage

Brookfield Asset Management (BAM): reported [Source] Funds from operations (FFO) during the 1Q15 were $557 million, or $0.82/share, up 14% from the 1Q14. FFO benefitted from expansion of the asset management operations, contributing a 27% increase in fee related earnings. Additional contributions from growth initiatives were offset by reduced contributions from renewable energy when compared to the strong energy prices experienced in the 1Q14 and lower hydrology levels in the 1Q15. Net income Continue Reading

Brookfield Infrastructure (BIP) Reports 1Q15; Solid Quarter of Progress

BIP Collage 062113

Financial Summary: Funds from Operations (FFO), BIP’s measure of cash flow, for the first quarter 2015 (1Q15) was $186 million or $0.89/unit Continue Reading

American International Group (AIG) 1Q15: Management Focused on the Right Things

AIG Collage

AIG reported 1Q15 earnings [Source] and it is a good report. Management is focused on improving operating performance and rightly so as this will be Continue Reading

Brookfield Property Partners (BPY) Reports 1Q15 Results, Continued Good Progress

BPY Canary Wharf

Brookfield Property Partners (BPY) reported [Source] Funds from Operations (FFO) of $181 million or $0.25/unit for the first quarter of 2015 compared Continue Reading

Kinder Morgan, Inc. (KMI) Reports Solid 1Q15 Results

KMI Logo

Kinder Morgan Inc., first quarter 2015 report (1Q15) is solid [Source]. While KMI is up about 30% since our initial purchase in October 2014, at the Continue Reading

Breitburn Energy (BBEP) Risk & Reward Turns Unfavorable: Time to Exit

BBEP Oil Wells Photo

Breitburn Energy Partners LP (BBEP) and EIG Global Energy Partners (EIG) announced [Source] a  “definitive agreements whereby Breitburn will sell $350 Continue Reading

Breitburn Energy Partners (BBEP) 4Q14: A Good Report; Our Thesis is on Track

BBEP Oil Wells Photo

Breitburn Energy Partners LP (BBEP) reported [Source] financial and operating results for the fourth quarter 2014 (4Q14) and full year 2014. It was a Continue Reading

Brookfield Asset Management (BAM) 2014 and 4Q Results that Didn’t Miss a Beat

Canary Wharf

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), their primary measure of cash flow, was $2.2 billion for 2014 or Continue Reading

American International Group (AIG) 4Q14: A Mixed but Refreshing Report

AIG Collage

As we have seen in the past AIG’s earnings report [Source] this quarter was a mixture of good and bad news. It can be characterized as a quarter of Continue Reading

Brookfield Property Partners (BPY) 2014 Good Result with More to Come

Canary Wharf, London

Brookfield Property Partners (BPY) reported a strong first full year of operations since it was spun off delivering a total return of 20.2% to unit Continue Reading