Oil & Gas Pipelines

(MMP) Magellan Midstream Partners L.P. Shares Slip to Hold

On May 21, Zacks Investment Research downgraded Tulsa, Okla.-based publicly traded energy pipeline partnership, Magellan Midstream Partners L.P. (MMP) to a Zacks Rank #3 (Hold).

Why the Downgrade?

Magellan...

23Aug2013 | | Comments Off on (MMP) Magellan Midstream Partners L.P. Shares Slip to Hold | Continued

(ETP) Energy Transfer Partners LP at 52-Week High

The units of natural gas pipeline operator Energy Transfer Partners LP (ETP) soared to a 52-week high of $51.00 on Monday, May 20, 2013, buoyed by a slew of positive developments. The closing price of the partnership as of the said...

22Jul2013 | | Comments Off on (ETP) Energy Transfer Partners LP at 52-Week High | Continued

(WMB) Williams Companies Hikes Dividend by 4%

North American energy firm, Williams Companies Inc. (WMB) recently increased its quarterly common stock dividend by 4% to 35.25 cents. The new dividend will be paid on Jun 24, 2012 to shareholders of record as of Jun 7.

The...

14Jul2013 | | Comments Off on (WMB) Williams Companies Hikes Dividend by 4% | Continued

(KMP) Kinder Morgan Energy Partners LP to Buy Texas Acreage

Pipeline operator Kinder Morgan Energy Partners LP (KMP) has decided to make an investment of $106 million to purchase about 20 acres of land near its Pasadena terminal, Texas.

The partnership proposes to build nine new tanks...

5Jul2013 | | Comments Off on (KMP) Kinder Morgan Energy Partners LP to Buy Texas Acreage | Continued

(KMP) Kinder Morgan Energy Partners, L.P. Unit and Mitsubishi Team Up

A unit of Kinder Morgan Energy Partners, L.P. (KMP), Tennessee Gas Pipeline Company, L.L.C., has inked a binding 20-year firm transportation standard agreement with Japan’s Mitsubishi Corporation.

Per the agreement, Mitsubishi...

26Jun2013 | | Comments Off on (KMP) Kinder Morgan Energy Partners, L.P. Unit and Mitsubishi Team Up | Continued

(MMP) Magellan Midstream Partners LP Midstream Beats First Quarter Earnings

Pipeline operator Magellan Midstream Partners LP (MMP) announced mixed first-quarter 2013 results, with solid contribution from the Refined Products segment.

The Tulsa, Oklahoma-based oil distributor reported earnings per unit...

16May2013 | | Comments Off on (MMP) Magellan Midstream Partners LP Midstream Beats First Quarter Earnings | Continued

(OKS) ONEOK Partners Misses Earnings Estimate

ONEOK Partners L.P. (OKS) reported first-quarter 2013 earnings per unit of 42 cents, missing the Zacks Consensus Estimate by 16 cents. Quarterly earnings decreased 53.8% year over year primarily due to considerably thinner natural...

15May2013 | | Comments Off on (OKS) ONEOK Partners Misses Earnings Estimate | Continued

(EEP) Enbridge Energy Partners L.P. Beats Earnings – Falls Year Over Year

Enbridge Energy Partners L.P. (EEP) reported first-quarter 2013 adjusted earnings of 21 cents per unit, beating the Zacks Consensus Estimate of 18 cents. The quarterly figure however deteriorated 25% from the year-earlier profit of...

14May2013 | | Comments Off on (EEP) Enbridge Energy Partners L.P. Beats Earnings – Falls Year Over Year | Continued

(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 | | Comments Off on (KMP) Kinder Morgan Misses Earnings – Tops Revenues | 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 | | Comments Off on (PAA) Plains All American Pipeline L.P. Announces New Crude Pipeline | 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 | | Comments Off on (CQP) Cheniere Energy Partners Prices Senior Notes | 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 | | Comments Off on (PAA) Plains All American Pipeline L.P. Plans Pipeline in Canada | 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 | | Comments Off on (HEP) HollyFrontier and Holly Energy Team Up | 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 | | Comments Off on (KMP) Kinder Morgan Energy Partners LP Inks with Methanex | 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 | | Comments Off on (EEP) Enbridge Energy Partners LP Brings Bakken Pipeline Online | 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 | | Comments Off on (MMP) Magellan Midstream Partners L.P. Earnings Preview | 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 | | Comments Off on (SXL) Sunoco Logistics Partners Increases Cash Distribution | 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 | | Comments Off on (SXL) Sunoco Logistics – Bull of the Day | 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 | | Comments Off on (NS) NuStar Energy Closes Refinery Sale | 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 | | Comments Off on (NS) NuStar Energy to Sell Refinery for $115 Million | 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 | | Comments Off on (MMP) Magellan Midstream Partners Misses 2012 Third Quarter Forecast | 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 | | Comments Off on (PAA) Plains All American Pipeline LP Raises Cash Distribution | 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 | | Comments Off on (EEP) Enbridge Energy Partners LP to Boost Pipeline Capacity | 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 | | Comments Off on (NS) NuStar Energy L.P. Unveils Unit Offering Price | 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 | | Comments Off on (KMP) Kinder Morgan Energy Partners L.P. and Phillips 66 Pipeline Deal | 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 | | Comments Off on (ENB) Enbridge Incorporated – Growth And Income – Zacks Rank Buy | 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 | | Comments Off on (ETP) Energy Transfer Partners to Raise Fresh Capital | 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 | | Comments Off on (ETP) Energy Transfer Partners L.P. Closes Unit Offering | 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 | | Comments Off on (ETP) Energy Transfer Partners to Raise Fresh Capital | 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 | | Comments Off on (SXL) Sunoco Logistics Partners Shows Positive Outlook | Continued