CIBC Analyst's Top Picks in Energy Infrastructure Sector Amid Earnings Reports

CIBC analyst Robert Catellier has previewed earnings reports and offered top picks in the dividend-rich energy infrastructure sector. He favors KEY due to its pending acquisition of Plains' NGL assets, GEI for its oil export activity and strong dividend profile, and TRP for its ability to secure more natural gas projects. RBC Capital Markets analyst Pammi Bir ranked the REIT subsectors ahead of earnings reports, expecting strong demographic-driven demand in seniors housing, limited new supply, and robust organic growth.

CIBC analyst Robert Catellier has provided a preview of earnings reports and highlighted top picks in the dividend-rich energy infrastructure sector. He favors KEY due to its pending acquisition of Plains' NGL assets, GEI for its oil export activity and strong dividend profile, and TRP for its ability to secure more natural gas projects. Meanwhile, RBC Capital Markets analyst Pammi Bir ranked the REIT subsectors ahead of earnings reports, expecting strong demographic-driven demand in seniors housing, limited new supply, and robust organic growth.

Raymond James lowered its price target on Solaris Energy Infrastructure (NYSE:SEI) to $38.00 from $39.00, maintaining an Outperform rating ahead of the company's second-quarter results. The target remains well within the current analyst range of $32 to $53, with SEI trading at $28.27. Raymond James noted that Solaris Energy has pivoted from oilfield services to power generation, driving impressive revenue growth of 33.59% over the last twelve months [1].

Brookfield Renewable Partners maintained its Outperform rating by RBC Capital Markets, which expects the company to raise its equity interest in Isagen to 38% with a $1 billion investment. The company has also signed a hydroelectric power framework agreement with Google, which aims to deliver up to 3,000 MW of homegrown energy in the United States [2].

These insights from analysts provide a comprehensive overview of the energy infrastructure sector, highlighting the potential for growth and strategic moves by key players. Investors should closely monitor the upcoming earnings reports and analyst ratings to make informed investment decisions.

References:
[1] https://www.investing.com/news/analyst-ratings/solaris-energy-infrastructure-price-target-lowered-to-38-at-raymond-james-93CH-4146956
[2] https://www.marketscreener.com/news/brookfield-renewable-partners-maintained-at-outperform-by-rbc-capital-markets-ce7c5cdcd980fe22