embecta Announces Quarterly Cash Dividend
About embecta
embecta is a global company that is advancing its 100-year legacy in insulin delivery to become a broad-based medical supplies company, helping to improve lives through innovative solutions, partnerships, and the passion of approximately 2,000 employees around the globe. For more information, visit embecta.com or follow our social channels on LinkedIn, Facebook, and Instagram.
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Could Buying Energy Transfer Stock Today Set You Up for Life?
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The stocks of companies that transport and process natural gas should, therefore, be big winners as demand for AI surges. Enter Energy Transfer LP (NYSE: ET), one of the best natural gas stocks on the market. Could buying Energy Transfer stock today set you up for life? About Energy Transfer The first thing you should know about Energy Transfer is that it's a limited partnership (LP). One key benefit of investing in an LP is that it doesn't pay corporate income taxes. This can help investors avoid double taxation, where the company pays taxes on its profits and then pays dividends to unitholders who have to pay taxes on the dividends. If you want to profit from increased natural gas demand driven by AI, Energy Transfer is one of the top midstream companies in North America. Its natural gas pipelines generate roughly 19% of its total adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Operations related to natural gas liquids (NGLs) and refined products contribute 20% of adjusted EBITDA. Midstream assets, including natural gas gathering pipelines, kick in another 20%. Energy Transfer's pipelines transport around 32.4 million British thermal units (BTUs) of natural gas each day. The LP fractionates (separating NGLs into their components) in the ballpark of 1.15 million barrels per day of NGLs. And its facilities can store roughly 236 billion cubic feet of natural gas. However, Energy Transfer's business isn't limited to natural gas and NGLs. The company also transports around 7 million barrels per day of crude oil. Its Sunoco subsidiary primarily focuses on energy infrastructure and the distribution of motor fuels. Its USAC subsidiary provides compression services used in processing and transporting crude oil, in addition to natural gas. A pipeline to attractive total returns Energy Transfer has delivered a cumulative total return of around 300% over the last five years. The LP's distributions accounted for nearly half of that amount. Distributions should continue to play an important role in total returns for a long time to come. Energy Transfer's distribution yield (the LP version of dividend yield) currently stands at 7.59%. The company targets annual distribution growth of between 3% and 5%. Investors will likely enjoy more than just juicy distributions, though. Energy Transfer's unit price should also appreciate nicely as its adjusted EBITDA rises. Between 2020 and 2024, the midstream leader's adjusted EBITDA increased by a compound annual growth rate of 10%. Is that level of growth sustainable? Probably so. Energy Transfer has a significant project backlog that it believes will support long-term growth. 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Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,783!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,122,682!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Will Healy has positions in Advanced Micro Devices and Intel. 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Globe and Mail
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Ontario Shipyards partners with province and Italy's largest builder to ready bid for navy corvettes
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Algoma is already listed as a potential supplier to Team Vigilance, the Canadian and international consortium assembled two years ago to bid for the next generation of Canadian naval ships, specifically corvettes. It includes Italy's Fincantieri FNCNF, the largest shipbuilder in Europe and the fourth-largest in the world. Opinion: The USMCA agreement may be circling the drain. Time to fill the trade sink elsewhere Ontario pivots to European defence market with car industry under threat Corvettes are relatively small offshore patrol vessels, or OPVs, that would replace the dozen Kingston Class ships that were built for the Royal Canadian Navy in the mid-1990s and are reaching the end of their careers. The navy announced in July that it will begin to pull eight of the ships out of service in the fall. Those ships are 55 metres long, carry a crew of about 50 and are used for coastal and fisheries patrol, training, minesweeping, search and rescue, law enforcement and drug interdiction. The new Vigilance ships, if built, would be somewhat larger, perhaps 100 metres long, to give them more range and capabilities, said Ted Kirkpatrick, Ontario Shipyards' director of business development and government relations. The federal government has yet to issue a tender for the new corvettes – the navy is reportedly still setting the parameters of the project – and neither Mr. Fedeli nor Mr. Kirkpatrick know the timeline or the expected budget, though the contract could be worth several billion dollars. 'We feel hopeful that this project will move forward fairly quickly,' Mr. Kirkpatrick said, noting that Prime Minister Mark Carney has made rearmament an industrial priority to meet Canada's domestic defence needs and NATO commitments. In an effort to kick-start an ambitious shipbuilding program in Ontario, which has not built a warship since the Second World War, the provincial government last month launched a financial program worth $215-million. The amount is designed to support shipbuilding capacity under the National Shipbuilding Strategy program. Mr. Fedeli said the incentives would be composed of loans and grants and tailored to each project. 'We want Ontario to get back into the shipbuilding business,' he said. Several other funds, including the new Ontario Together Trade Fund, could offer incentives to steel companies and other manufacturers to help them serve Canadian customers. Mr. Kirkpatrick said Ontario Shipyards 'hopes and expects to be a large beneficiary of the incentives programs.' Ontario Shipyards (formerly Heddle Shipyards) was founded in 1987 and has three sites – in Hamilton, Port Weller and Thunder Bay. The company has about 250 employees, and its main business today is repairing coast guard vessels, not building new ships. The company joined Team Vigilance to launch an unsolicited proposal to build a new corvette fleet. In addition to Fincantieri, the group includes Vard, which is Fincantieri's design arm; Thales THLEF, the French defence company that specializes in electronics; and SH Defence of Denmark, a maker of modular loading systems. Ontario Shipyards expects competition for the contract from the other industry players in Canada, primarily Irving Shipbuilding of Nova Scotia, which has a contract worth $8-billion to build the first three River-class destroyers for the navy; Davie Shipbuilding of Quebec, which is making icebreakers for the coast guard; and Seaspan Shipyards of British Columbia, which is building large non-combat ships for the navy and the coast guard. Mr. Kirkpatrick said the three rival shipbuilders have ample work at the moment, leaving only Ontario Shipyards with enough spare capacity to take on a big, new naval contract. 'We have the largest amount of underutilized capacity in Canada,' he said. 'If there is anyone who can put a boat in the water and paint it grey, it's us.' He said the presence of Fincantieri and subsidiary Vard are key advantages for Team Vigilance. Vard would design the vessels, and Fincantieri would handle shipyard layout, procurement and project management. Mr. Kirkpatrick said a team from Fincantieri visited Ontario Shipyards last year to assess the company's capabilities and determine what equipment and training it would need to launch a competitive bid for Canadian navy warships. Fincantieri, based in Trieste, in Italy's northeast, is controlled by the Italian government and is listed on the Milan exchange. The company has built some of world's largest ships for Cunard, Carnival, Princess and other cruise companies. It also builds combat ships, including aircraft carriers and submarines, for the Italian, U.S. and other governments. In Wisconsin, it makes the U.S. Navy's Constellation-class frigates, which are based on the Italian Navy's multipurpose frigates, known as FREMM.
