Why Brookfield Infrastructure Partners Jumped Today

Brookfield Infrastructure Partners (NYSE: BIP) (NYSE: BIPC) has its hands in several global sectors. After reporting strong year-end results today, Brookfield Infrastructure jumped as much as 5%.The limited partnership publicly trades in units, similar to how corporations issue stocks. As of 3:18 p.m. ET, the partnership's units were still higher by 4.4% as investors digested positive growth results from each of its segments. The strong underlying business performance has helped Brookfield return more than 5% over the last year, not including its quarterly distribution.Brookfield's operating segments include utilities, transport, midstream energy, and data. For 2024, funds from operations (FFO) -- the cash-flow metric useful for investors in this format -- in its data segment jumped 21%. That was helped by new investments including three data center platforms and an Indian cell tower portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool