Annaly Capital Mgmt (NLY) prices 65 mln common stock offering

• Div/yield 0.30/9.90

  

Annaly Capital Mgmt to offer 65 mln shares of its common stock
Annaly intends to use the net proceeds of this offering to acquire targeted assets under the Company's capital allocation policy, which may include further diversification of its investments in Agency assets as well as residential, commercial and corporate credit assets.

Duke Energy (DUK)

Duke Energy, headquartered in Charlotte, North Carolina, is an electric power holding company in the United States, with assets also in Canada and Latin America.

• Headquarters: Charlotte, NC
• Revenue: 23.46 billion USD (2015)
• http://www.duke-energy.com
• Div/yield 0.89/4.24

  

** monthly **

Description

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States. The operations include electricity sold wholesale to municipalities, electric cooperative utilities and other load-serving entities. The Gas Utilities and Infrastructure segment serves residential, commercial, industrial and power generation natural gas customers. The Commercial Renewables primarily acquires, builds, develops and operates wind and solar renewable generation throughout the continental United States.

Key stats and ratios

	Q2 (Jun '17)	2016
Net profit margin	12.44%	11.34%
Operating margin	24.97%	23.37%
EBITD margin	-	46.23%
Return on average assets	2.06%	2.03%
Return on average equity	6.69%	6.34%
Employees	28,798

SCANA (SCG)

SCANA Corporation is a $7 billion energy-based holding company, based in Cayce, South Carolina, a suburb of Columbia. Its businesses include regulated electric and natural gas utility operations and other energy-related businesses.

• Headquarters: Cayce, SC
• Number of employees: 5,877
• Founded: 1984
• scana.com
• Div/yield 0.61/5.05

  

SCANA Corporation is a holding company. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina. The Company operates through segments, including Electric Operations, Gas Distribution, Gas Marketing and All Other. The Company is engaged in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. The Electric Operations segment generates, transmits and distributes electricity. The Company's regulated businesses include subsidiaries, such as South Carolina Electric & Gas Company (SCE&G), South Carolina Fuel Company, Inc. (Fuel Company), South Carolina Generating Company, Inc. (GENCO) and Public Service Company of North Carolina, Incorporated (PSNC Energy). The Company's nonregulated businesses include subsidiaries, such as SCANA Energy Marketing, Inc. (SCANA Energy), ServiceCare, Inc., SCANA Services, Inc. and SCANA Corporate Security Services, Inc.

Key stats and ratios

	Q2 (Jun '17)	2016
Net profit margin	12.09%	14.08%
Operating margin	24.88%	27.28%
EBITD margin	-	36.48%
Return on average assets	2.59%	3.32%
Return on average equity	8.34%	10.66%
Employees	5,910

Seadrill Partners (SDLP)

• Seadrill Partners LLC (NYSE:SDLP) is an MLP formed by the Norwegian offshore oil and gas drilling Seadrill Limited (SDRL)
• Headquarters: United Kingdom
• Founded: 2012
• Div/yield 0.10/12.38
• Website http://www.seadrillpartners.com

  

• 2 months later

Seadrill amends certain credit facilities to insulate Seadrill Partners (SDLP) from Seadrill Limited's restructuring

• Seadrill (SDRL) announces that it has completed amendments to three secured credit facilities that relate to rigs purchased by Seadrill Partners (SDLP) from the Company that will insulate Seadrill Partners from events of default related to the Company's likely use of chapter 11 proceedings to implement its restructuring plan. The amendments to the three facilities remove Seadrill Partners and its consolidated entities as a borrower or guarantor and separate the facilities such that each resulting Seadrill Limited facility is secured only by Seadrill Limited's assets without recourse to Seadrill Partners or its assets.
• The amendments to the three facilities remove Seadrill Partners and its consolidated entities as a borrower or guarantor and separate the facilities such that each resulting Seadrill Limited facility is secured only by Seadrill Limited's assets without recourse to Seadrill Partners or its assets.
• As part of this transaction we have agreed to a prepayment of $100 million upon closing and two subsequent prepayments of $25 million, one of which will be made six months after closing and another of which will be made 12 months after closing, in each case distributed pro rata across the three resulting Seadrill Partners facilities.

Western Asset Mortgage (WMC) reported earnings on Tue 8 Aug 2017 (a/h)

• Financial REIT
• Headquarters: Pasadena, CA
• Founded: 2004
• westernassetmcc.com
• Div/yield 0.31/11.67

** charts before earnings **

  

** charts after earnings **

Western Asset Mortgage beats by $0.01, beats on revs

• Reports Q2 (Jun) earnings of $0.32 per share, excluding non-recurring items, $0.01 better than the single analyst estimate of $0.31; revenues fell 7.1% year/year to $19.96 mln vs the $18.2 mln single analyst estimate.
  • $10.64 per share net book value as of June 30, 2017, net of second quarter common dividend.
  • Economic return on book value was 4.8% for the quarter.
  • 6.3x leverage as of June 30, 2017.

Omega Healthcare Investors (OHI): ex-div 7/28/17

• Div/yield 0.64/8.27
• Omega Healthcare Investors (OHI) goes ex-dividend on July 28.
• 7/27 opened at high of day of $32.68

Omega Health Investors, Inc. (OHI) is a Hunt Valley, Maryland based long-term healthcare facilities REIT, operating in the United States and the United Kingdom. Formed in 1992, Omega provides lease or mortgage financing primarily to operators of skilled nursing facilities (SNFs) and, to a lesser extent, assisted living facilities (ALFs), independent living facilities and rehabilitation and acute care facilities. These operators are responsible for all property level expenses, such as property taxes, staffing, and capital expenditures. Nearly 90% of Omega’s operators’ revenue come from reimbursements from Medicare and Medicaid.

Blackstone Mortgage Trust (BXMT)

Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America and Europe.
Sector: Real Estate
Industry: REIT - Diversified
Founded: 1966
Forward Dividend & Yield 2.48 (7.96%)
http://www.blackstonemortgagetrust.com

• 7/21/17:  #15;  is BXMT a buy?

• answer: NO