BIP: Brookfield Infrastructure Partners LP
About
Brookfield Infrastructure Partners LP operates as an infrastructure company, which engages in the management of diversified portfolio of infrastructure assets that will generate sustainable and growing distributions over the long-term for unit holders. It operates through the following segments: Utilities, Transport, Midstream, and Data. The Utilities segment includes regulation of business which earns a return on asset base. The Transport segment is involved in transportation for freight, bulk commodities, and passenger. The Midstream segment offers systems that give energy transmission, gathering, processing, and storage services. The Data Infrastructure segment includes critical infrastructure and services to global communication companies. The company was founded in July 1905 and is headquartered in Hamilton, Bermuda.
Key Details
Market Cap
$15.84B
P/E Ratio
-84.22
1Y Stock Return
29.08%
1Y Revenue Growth
23.37%
Dividend Yield
4.86%
Price to Book
3.4
Strategies that include BIP
Stock's related to BIP
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BIPC | 77.33% | $6.13B | +36.80% | 3.74% |
| BN | 64.32% | $85.61B | +67.30% | 0.55% |
| BEP | 63.98% | $7.22B | +4.20% | 5.54% |
| RY | 61.48% | $173.56B | +40.55% | 3.32% |
| BMO | 60.91% | $68.63B | +16.42% | 4.74% |
| BAM | 58.77% | $23.31B | +66.79% | 2.62% |
| BEPC | 57.52% | $11.50B | +18.73% | 4.57% |
| BNT | 57.28% | $7.31B | +67.22% | 0.00% |
| FTS | 57.02% | $22.25B | +9.25% | 3.90% |
| ONB | 56.37% | $6.69B | +43.24% | 2.68% |
| CE | 55.94% | $7.89B | -44.64% | 3.89% |
| ASB | 55.75% | $3.95B | +48.10% | 3.36% |
| SW | 55.51% | $13.78B | +15.02% | 1.14% |
| UHAL.B | 55.43% | $11.81B | +15.73% | 0.33% |
| SFBS | 55.36% | $5.11B | +85.58% | 1.29% |
| AQN | 55.36% | $3.79B | -20.96% | 8.21% |
| BHLB | 55.26% | $1.29B | +44.14% | 2.40% |
| HOMB | 55.19% | $6.11B | +41.20% | 2.45% |
| CM | 55.16% | $60.29B | +65.08% | 4.13% |
| TOWN | 55.15% | $2.66B | +34.35% | 2.83% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SLE | 0.06% | $8.82M | -63.18% | 0.00% |
| HIHO | 0.11% | $8.63M | 0.00% | 6.12% |
| DDOG | -0.12% | $45.32B | +19.19% | 0.00% |
| VSTA | 0.18% | $204.94M | -39.33% | 0.00% |
| EDSA | 0.19% | $7.11M | -21.79% | 0.00% |
| CPSH | -0.21% | $20.70M | -40.13% | 0.00% |
| IBKR | 0.23% | $20.20B | +131.83% | 0.37% |
| BTCT | -0.31% | $42.61M | +353.33% | 0.00% |
| LRN | -0.34% | $4.43B | +74.97% | 0.00% |
| BEST | -0.37% | $31.65M | +3.88% | 0.00% |
| STVN | -0.39% | $4.95B | -32.48% | 0.32% |
| SOC | -0.39% | $1.93B | +74.70% | 0.00% |
| GPCR | 0.43% | $1.88B | -36.14% | 0.00% |
| HROW | 0.47% | $1.41B | +330.59% | 0.00% |
| VZIO | 0.51% | $2.29B | +67.76% | 0.00% |
| VHC | -0.55% | $19.06M | -38.36% | 0.00% |
| PRPO | 0.77% | $9.10M | -13.65% | 0.00% |
| MNOV | -0.87% | $93.19M | +2.15% | 0.00% |
| CHD | 0.97% | $27.18B | +19.50% | 1.03% |
| XNET | 1.02% | $123.61M | +26.62% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| QTTB | -10.57% | $354.34M | +188.64% | 0.00% |
| MCK | -10.10% | $78.15B | +35.51% | 0.42% |
| PGR | -9.31% | $149.10B | +57.29% | 0.45% |
| CBOE | -8.31% | $21.46B | +15.84% | 1.11% |
| STG | -7.37% | $35.67M | +7.92% | 0.00% |
| HUSA | -7.18% | $16.69M | -11.56% | 0.00% |
| PAYC | -6.90% | $12.12B | +21.78% | 0.69% |
| ROOT | -6.61% | $1.53B | +972.93% | 0.00% |
| HUM | -6.42% | $33.45B | -45.22% | 1.25% |
| PULM | -6.33% | $19.83M | +202.98% | 0.00% |
| MIST | -6.09% | $92.79M | -32.56% | 0.00% |
| RELY | -5.92% | $3.96B | -7.42% | 0.00% |
| CRTO | -3.56% | $2.10B | +58.23% | 0.00% |
| CYD | -3.50% | $364.46M | -2.94% | 4.26% |
| MNR | -3.20% | $1.66B | -10.71% | 15.90% |
| WHLM | -2.78% | $17.64M | -29.34% | 0.00% |
| UNM | -2.64% | $13.16B | +69.20% | 2.16% |
| DAO | -2.59% | $159.28M | +25.62% | 0.00% |
| QXO | -2.59% | $6.51B | -35.95% | 0.00% |
| CFLT | -2.35% | $9.28B | +49.05% | 0.00% |
ETF's related to BIP
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PID | 78.89% | $838.56M | 0.53% |
| BBCA | 71.84% | $7.41B | 0.19% |
| EWC | 71.55% | $2.79B | 0.5% |
| FLCA | 70.57% | $410.22M | 0.09% |
| NFRA | 68.37% | $2.47B | 0.47% |
| VOE | 66.43% | $18.25B | 0.07% |
| IWS | 65.59% | $13.85B | 0.23% |
| NUMV | 65.39% | $374.24M | 0.31% |
| IGRO | 65.34% | $879.63M | 0.15% |
| XSHD | 65.05% | $54.49M | 0.3% |
| FGD | 64.98% | $556.11M | 0.56% |
| IVOV | 64.77% | $964.95M | 0.15% |
| DES | 64.70% | $2.13B | 0.38% |
| IGF | 64.63% | $4.51B | 0.42% |
| GII | 64.60% | $473.97M | 0.4% |
| DFSV | 64.60% | $4.16B | 0.31% |
| MDYV | 64.48% | $3.25B | 0.15% |
| IJJ | 64.40% | $8.03B | 0.18% |
| CGDG | 64.20% | $1.35B | 0.47% |
| DWX | 64.17% | $403.50M | 0.45% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CORN | -0.78% | $61.12M | 0.2% |
| DBA | -0.79% | $755.88M | 0.93% |
| JUCY | 0.80% | $324.29M | 0.6% |
| FLTR | 1.63% | $1.79B | 0.14% |
| ICLO | 1.71% | $209.30M | 0.2% |
| AGZD | 2.19% | $142.76M | 0.23% |
| CANE | 2.20% | $17.72M | 0.29% |
| COMT | 2.27% | $829.06M | 0.48% |
| UNG | 2.34% | $908.80M | 1.06% |
| CSHI | 2.47% | $482.85M | 0.38% |
| GSG | 2.95% | $914.42M | 0.75% |
| HDRO | -3.27% | $164.26M | 0.3% |
| FLRN | 3.28% | $2.33B | 0.15% |
| KCCA | 3.32% | $220.51M | 0.87% |
| PDBC | 3.74% | $4.40B | 0.59% |
| DBMF | -3.83% | $1.02B | 0.85% |
| IVOL | 4.01% | $548.70M | 1.02% |
| THTA | 4.51% | $32.20M | 0.49% |
| MINT | -4.91% | $11.62B | 0.35% |
| DBC | 5.01% | $1.39B | 0.87% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -46.86% | $388.04M | 1.43% |
| USDU | -42.60% | $201.97M | 0.5% |
| UUP | -39.26% | $309.25M | 0.77% |
| VIXY | -26.01% | $195.31M | 0.85% |
| CTA | -20.47% | $350.27M | 0.78% |
| KMLM | -18.64% | $353.87M | 0.9% |
| EQLS | -15.78% | $76.08M | 1% |
| CLOI | -13.06% | $715.40M | 0.4% |
| WEAT | -10.48% | $120.27M | 0.28% |
| JBBB | -8.50% | $1.26B | 0.49% |
| TAIL | -7.96% | $67.98M | 0.59% |
| DBO | -5.57% | $217.57M | 0.77% |
| DBE | -5.04% | $50.13M | 0.77% |
| MINT | -4.91% | $11.62B | 0.35% |
| DBMF | -3.83% | $1.02B | 0.85% |
| HDRO | -3.27% | $164.26M | 0.3% |
| DBA | -0.79% | $755.88M | 0.93% |
| CORN | -0.78% | $61.12M | 0.2% |
| JUCY | 0.80% | $324.29M | 0.6% |
| FLTR | 1.63% | $1.79B | 0.14% |
News
Yahoo
The dividend yield on the S&P 500 recently hit its lowest point in 20 years at less than 1.2%. Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), Rexford Industrial Realty (NYSE: REXR), and Mid-America Apartment Communities (NYSE: MAA) currently have dividend yields above 3%, making them great dividend stocks to buy right now.
SeekingAlpha
Triton Internationalâs operating expenses are under control, and the company reported a net profit in Q3. Read more about the company's preferred shares.
Yahoo
Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) has made a nice living investing in the backbone of the global economy. The company's utilities, energy midstream, transportation, and data infrastructure assets generate stable and growing cash flows. It sees a massive new investment opportunity emerging in AI infrastructure.
SeekingAlpha
Financial writer analyzes Aecon's strong Q3 earnings, de-risking strategy, and growth prospects, with insights on stock performance and risks.
SeekingAlpha
Rising long-term yields create opportunities for high-quality, income-seeking investors. Check out 2 high and durable income plays that are bargains now.
Yahoo
Brookfield Infrastructure (BIP) has released an update. Brookfield Infrastructure Partners L.P. showcases its global presence in the infrastructure sector with a strong portfolio of essential assets in utilities, transport, midstream, and data across the Americas, Asia Pacific, and Europe. The company is focused on generating stable cash flows with its contracted and regulated revenue streams, supported by a significant stake from Brookfield Corporation. Investors can expect a strategic emphasis
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.