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Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Owner Earnings per Share (TTM) : 0.00 (As of Sep. 2022)


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What is Center Coast Brookfield MLP & Energy Infrastructure Fund Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Center Coast Brookfield MLP & Energy Infrastructure Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Center Coast Brookfield MLP & Energy Infrastructure Fund's Owner Earnings per Share (TTM) or its related term are showing as below:



CEN's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.65
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Center Coast Brookfield MLP & Energy Infrastructure Fund's Earnings per Share (Diluted) for the six months ended in Mar. 2023 was $1.36. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2023 was $0.03. It's PE Ratio ratio for today is 767.78.

Center Coast Brookfield MLP & Energy Infrastructure Fund's EPS without NRI for the six months ended in Mar. 2023 was $1.36. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2023 was $0.03. It's PE Ratio without NRI ratio for today is 767.78.


Center Coast Brookfield MLP & Energy Infrastructure Fund Owner Earnings per Share (TTM) Historical Data

The historical data trend for Center Coast Brookfield MLP & Energy Infrastructure Fund's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Center Coast Brookfield MLP & Energy Infrastructure Fund Owner Earnings per Share (TTM) Chart

Center Coast Brookfield MLP & Energy Infrastructure Fund Annual Data
Trend Nov17 Sep19 Sep20 Sep21 Sep22
Owner Earnings per Share (TTM)
- - - - -

Center Coast Brookfield MLP & Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Center Coast Brookfield MLP & Energy Infrastructure Fund's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Center Coast Brookfield MLP & Energy Infrastructure Fund's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Center Coast Brookfield MLP & Energy Infrastructure Fund's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Center Coast Brookfield MLP & Energy Infrastructure Fund's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Center Coast Brookfield MLP & Energy Infrastructure Fund's Price-to-Owner-Earnings falls into.



Center Coast Brookfield MLP & Energy Infrastructure Fund Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Center Coast Brookfield MLP & Energy Infrastructure Fund does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Center Coast Brookfield MLP & Energy Infrastructure Fund Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Center Coast Brookfield MLP & Energy Infrastructure Fund's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, Brookfield Place, New York, NY, USA, 10281-1023
Center Coast Brookfield MLP & Energy Infrastructure Fund is a closed-end management investment company. Its fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. It invests primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Craig Ruckman officer: Fund's Secretary 1633 BROADWAY, NEW YORK NY 10019
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Thomas Shawn Miller other: Adviser's Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Joseph Edward Herman other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Boran Buturovic other: Portfolio Manager C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Brookfield Investment Management Inc. other: Fund's Adviser BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Edward A Kuczmarski director C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Mohamed Rasul officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Thomas Doyle Peeney officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Jeffrey Allyn Jorgensen other: Fund's Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281

Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Headlines