Maui Land & Pineapple Company, Inc.·Real Estate

West Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has completed a milestone payment to the vendors of the Banio Potash Project in Gabon earning an additional 10% interest in Equatorial Potash ("Equatorial") which, through its Gabon subsidiary Mayumba Potasse, holds 100% of the project. The milestone payment was triggered by the filing of the updated Mineral Resource Estimate technical report on Dec. 29, 2025 (see press release dated Dec. 29, 2025) which was comprised of Measured Mineral Resources Estimate of 648.2M tonnes grading 15.7% KCl, an Indicated Mineral Resources Estimate of 1.8B tonnes grading 15.6% KCl, and an Inferred Mineral Resources Estimate of 3.56B tonnes grading 15.6% KCl (see press releases dated Dec. 29, 2025 and November 17, 2025).

Western Midstream remains a top MLP pick due to its sector-leading 8.9% yield and resilient fundamentals. The stock's high yield is driven by a below-average valuation multiple, not excessive leverage or weak fundamentals. The current situation in the oil markets is very likely to enhance the case even further (e.g., render the high dividend more durable).

MLP posts strong y/y revenue growth in 2025, driven by leasing and land sales, while pension costs widen the net loss.

KAPALUA, Hawai‘i , April 01, 2026 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the year ended December 31, 2025.

Top master limited partnership stocks are firing on all cylinders this year, with most of them hovering at their all-time highs, even as the stock market has moved into a correction. Energy Transfer stock jumped to a record high of $19.8, up by 46% from its lowest point last year.

Summary Financial strength and flexibility remain defining features of the midstream sector, with the majority of companies maintaining target leverage ratios between 3x and 4x. While leverage ratios vary, U.S. midstream MLPs and C-Corps tend to have lower leverage than the large Canadian midstream names.
Maui Land & Pineapple Company, Inc., together with its subsidiaries, develops, manages, and sells residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Real Estate, Leasing, and Resort Amenities segments. The Real Estate segment is involved in the land planning and entitlement, development, and sale of its landholdings on Maui. This segment also provides licensed general brokerage services for properties in the Kapalua Resort and surrounding areas. The Leasing segment leases commercial, agricultural, and industrial land and properties; and licenses its registered trademarks and trade names, as well as provides stewardship and conservation services. This segment also operates ditches, reservoirs, and well systems that provide potable and non-potable water to West and Upcountry Maui areas. The Resort Amenities segment manages the operations of the Kapalua Club, a private non-equity club program that provides its members special programs, access, and other privileges at certain amenities at the Kapalua Resort. The company owns approximately 23,000 acres of land on the island of Maui, Hawaii. Maui Land & Pineapple Company, Inc. was founded in 1909 and is based in Lahaina, Hawaii.
Real Estate
Real Estate - Services
15
1994-04-25
0.69