Oil & Gas Pipelines
(KMP) Kinder Morgan Misses Earnings – Tops Revenues
Kinder Morgan Inc. (KMI) reported first quarter 2013 earnings of 28 cents a share from continuing operations, failing to meet the Zacks Consensus Estimate of 32 cents. However, the quarterly earnings increased from the year-earlier...3May2013 | vitalstocks | Comments Off | Continued
(PAA) Plains All American Pipeline L.P. Announces New Crude Pipeline
Plains All American Pipeline L.P.(PAA) announced that it will build a crude oil pipeline, stretching from McCamey to Gardendale, Texas. The new 20-inch pipeline will be known as the Cactus Pipeline and will span 310 miles (498.9...27Apr2013 | vitalstocks | Comments Off | Continued
(CQP) Cheniere Energy Partners Prices Senior Notes
Sabine Pass Liquefaction LLC, a wholly owned affiliate of Cheniere Energy Partners LP (CQP), recently unveiled the pricing of $0.5 billion and $1.0 billion senior secured notes offering. Specifically, Sabine Liquefaction priced...21Apr2013 | vitalstocks | Comments Off | Continued
(PAA) Plains All American Pipeline L.P. Plans Pipeline in Canada
Plains All American Pipeline L.P.‘s (PAA) wholly owned subsidiary Plains Midstream Canada ULC has entered into an agreement with Keyera Corp. to set up a liquids pipeline system in northwest Alberta, Canada. The cost of this...18Apr2013 | vitalstocks | Comments Off | Continued
(HEP) HollyFrontier and Holly Energy Team Up
Holly Energy Partners LP (HEP) and its parent company, oil refiner and marketer HollyFrontier Corporation (HFC) will jointly build a rail facility near HollyFrontier’s...18Apr2013 | vitalstocks | Comments Off | Continued
(KMP) Kinder Morgan Energy Partners LP Inks with Methanex
Pipeline operator Kinder Morgan Energy Partners LP (KMP) is planning to invest roughly $58 million for the expansion of its chemical storage capacity. As part of the arrangement, the partnership has inked a long-term deal with Canadian...4Apr2013 | vitalstocks | Comments Off | Continued
(EEP) Enbridge Energy Partners LP Brings Bakken Pipeline Online
Texas-based Enbridge Energy Partners LP (EEP) and its project partner Enbridge Income Fund have completed their Bakken crude pipeline expansion project, which forms a part of the partnership’s Bakken Expansion Program. The...6Mar2013 | vitalstocks | Comments Off | Continued
(MMP) Magellan Midstream Partners L.P. Earnings Preview
Oil pipeline and storage partnership Magellan Midstream Partners L.P. (MMP) is set to release its fourth-quarter 2012 results before the opening bell tomorrow, Tuesday, Feb 5. In the preceding quarter, Magellan delivered a negative...18Feb2013 | Shawn | Comments Off | Continued
(SXL) Sunoco Logistics Partners Increases Cash Distribution
Energy pipelines and terminals operator Sunoco Logistics Partners L.P. (SXL) declared that its general partner Sunoco Partners LLC raised its fourth quarter 2012 cash distribution to 54.5 cents per unit ($2.18 per unit annualized),...28Jan2013 | Shawn | Comments Off | Continued
(SXL) Sunoco Logistics – Bull of the Day
Buoyed by a continued robust operating performance and favorable growth prospects, we are maintaining our Outperform recommendation on Sunoco Logistics Partners (SXL). Recent results have been driven by strength in its crude pipeline system...7Jan2013 | Shawn | Comments Off | Continued
(NS) NuStar Energy Closes Refinery Sale
Publicly traded energy master limited partnership NuStar Energy L.P. (NS) completed the sale of its San Antonio refinery and associated terminal in Elmendorf, Texas to North American specialty hydrocarbons producer Calumet Specialty...6Jan2013 | Shawn | Comments Off | Continued
(NS) NuStar Energy to Sell Refinery for $115 Million
Publicly traded energy master limited partnership NuStar Energy L.P. (NS) entered into a deal with North American specialty hydrocarbons producer Calumet Specialty Products Par ...28Dec2012 | Shawn | Comments Off | Continued
(MMP) Magellan Midstream Partners Misses 2012 Third Quarter Forecast
Pipeline operator Magellan Midstream Partners, L.P. (MMP) announced dull third-quarter 2012 earnings, with poor contributions from the business units. The Tulsa, Oklahoma-based oil distributor reported earnings per unit (EPU)...24Nov2012 | vitalstocks | Comments Off | Continued
(PAA) Plains All American Pipeline LP Raises Cash Distribution
Plains All American Pipeline LP (PAA) upheld its practice of sharing more benefits with its unitholders by increasing the cash distribution rate once more. This distribution incidentally is the first one after the unit split. The partnership...10Oct2012 | vitalstocks | Comments Off | Continued
(EEP) Enbridge Energy Partners LP to Boost Pipeline Capacity
Enbridge Energy Partners LP (EEP) has filed a plan with the Minnesota Public Utilities Commission to increase capacity at its Alberta Clipper pipeline. The company will spend $40 million to upgrade three pumping stations at Viking,...10Oct2012 | vitalstocks | Comments Off | Continued
(NS) NuStar Energy L.P. Unveils Unit Offering Price
NuStar Energy L.P. (NS) – owner/operator of crude oil and refined products pipelines and storage facilities – has priced a public offering of 6,200,000 common units at $48.94 a piece, with a 30-day over-allotment option for an additional...18Sep2012 | vitalstocks | Comments Off | Continued
(KMP) Kinder Morgan Energy Partners L.P. and Phillips 66 Pipeline Deal
Kinder Morgan Energy Partners L.P. (KMP) has inked a deal with oil refiner Phillips 66 (PSX) for the transportation of Eagle Ford crude and condensate to the latter’s...28Aug2012 | vitalstocks | Comments Off | Continued
(ENB) Enbridge Incorporated – Growth And Income – Zacks Rank Buy
Enbridge Inc. (ENB) is a pipeline operator that has been consistently paying dividends to shareholders for the last 60 years. Furthermore, following the second quarter earnings release, shares of this Zacks #2 Rank (Buy) are on the...21Aug2012 | vitalstocks | Comments Off | Continued
(ETP) Energy Transfer Partners to Raise Fresh Capital
Dallas, Texas-based Energy Transfer Partners L.P. (ETP) has commenced a public offering of 13,500,000 common units representing limited partner interests. The transportation and storage master limited partnership (MLP) also...9Aug2012 | vitalstocks | Comments Off | Continued
(ETP) Energy Transfer Partners L.P. Closes Unit Offering
Dallas, Texas-based Energy Transfer Partners L.P. (ETP) announced the closure of its previously announced public offering. The transportation and storage master limited partnership (MLP) priced the public offering of 15,525,000 common...10Jul2012 | vitalstocks | Comments Off | Continued
(ETP) Energy Transfer Partners to Raise Fresh Capital
Dallas, Texas-based Energy Transfer Partners L.P. (ETP) has commenced a public offering of 13,500,000 common units representing limited partner interests. The transportation and storage master limited partnership (MLP) also...2Jul2012 | vitalstocks | Comments Off | Continued
(SXL) Sunoco Logistics Partners Shows Positive Outlook
Philadelphia-based Sunoco Logistics Partners L.P. (SXL), a master limited partnership (MLP), acquires, owns and operates a geographically diverse portfolio of refined product and crude oil pipelines and terminal facilities....6Mar2012 | vitalstocks | Comments Off | Continued
(ETP) Energy Transfer Closes Business Sale
Energy Transfer Partners L.P. (ETP) completed the divesture of its propane business to retail propane distributor AmeriGas Partners L.P. (APU). The announcement of...14Jan2012 | vitalstocks | 0 comments | Continued
(SE) Spectra Energy Corporation – Bull of the Day
We maintain our Outperform recommendation for Spectra Energy Corp. (SE) shares following better-than-expected third quarter 2011 results. The out-performance was driven by strong growth from expansion projects, higher commodity prices...13Dec2011 | vitalstocks | 0 comments | Continued
(EEP) Enbridge Energy Partners LP Adds Capacity at North Dakota
Enbridge Energy Partners LP (EEP) has drawn up a $145 million investment plan to enhance its facility at North Dakota. Per the plan, the partnership will expand its crude oil capacity and add a rail car loading facility to absorb additional...8Dec2011 | vitalstocks | 0 comments | Continued
(KMP) Kinder Morgan Energy Partners, L.P. Unveils 2012 Guidance
Kinder Morgan Energy Partners, L.P. (KMP) has provided its initial estimates for 2012. The partnership expects to distribute cash of $4.98 per unit next year. This is an 8.3% increase over its 2011 budget target of $4.60 per unit. Kinder...30Nov2011 | vitalstocks | 0 comments | Continued
(ETP) Energy Transfer Partners L.P. Completes Unit Offering
Energy Transfer Partners L.P. (ETP) announced the closure of its previously announced public offering. The firm priced the public offering of 13,250,000 common units at $44.67 apiece. The natural gas and propane...22Nov2011 | vitalstocks | 0 comments | Continued
(ETP) Energy Transfer Partners Prices Unit Offer
Energy Transfer Partners L.P. (ETP) priced a public offering of 13,250,000 common units at $44.67 a piece, with a 30-day over-allotment option for an additional 1,987,500 units. The natural gas and propane gas master limited...14Nov2011 | vitalstocks | 0 comments | Continued
(KMP) Kinder Morgan Energy Partners Plans $400 Million Venture
Kinder Morgan Energy Partners, L.P. (KMP) announced plans to invest in the Battleground Oil Specialty Terminal Company, LLC or BOSTCO – a joint venture with TransMontaigne Partners L.P. (TLP). Kinder...10Nov2011 | vitalstocks | 0 comments | Continued
(MMP) Magellan Midstream Partners, L.P. Beats – Profit Grows
Pipeline operator Magellan Midstream Partners, L.P. (MMP) announced strong third quarter 2011 results, aided by contributions from recently-completed acquisitions and expansion projects. The Tulsa, Oklahoma-based oil distributor...2Nov2011 | vitalstocks | 0 comments | Continued