Stock Blog Hub » Oil & Gas Pipelines

(ETP) Energy Transfer Closes Business Sale

vitalstocks — Sat, 14 Jan 2012 18:36:17 +0000

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 the sale was made in October, 2011. Per the terms of the agreement, Energy Transfer Partners received total proceeds of $1.46 billion in cash and nearly $1.32 billion of AmeriGas common units. [...]

(ETP) Energy Transfer Closes Business Sale

(SE) Spectra Energy Corporation – Bull of the Day

vitalstocks — Tue, 13 Dec 2011 18:37:51 +0000

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 and a stronger Canadian dollar. With third-quarter results showing an improvement, management remains optimistic about the company’s performance going forward and looks to deliver or [...]

(SE) Spectra Energy Corporation – Bull of the Day

(EEP) Enbridge Energy Partners LP Adds Capacity at North Dakota

vitalstocks — Thu, 08 Dec 2011 19:01:51 +0000

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 volume. The pipeline operator will augment the holding capacity at the Berthold terminal by [...]

(EEP) Enbridge Energy Partners LP Adds Capacity at North Dakota

(KMP) Kinder Morgan Energy Partners, L.P. Unveils 2012 Guidance

vitalstocks — Wed, 30 Nov 2011 18:54:39 +0000

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 Morgan Inc. (KMI) owns the general partner interest of Kinder Morgan Energy Partners, which is [...]

(KMP) Kinder Morgan Energy Partners, L.P. Unveils 2012 Guidance

(ETP) Energy Transfer Partners L.P. Completes Unit Offering

vitalstocks — Tue, 22 Nov 2011 17:37:37 +0000

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 gas master limited partnership (MLP) plans to use the net proceeds from this offering to pay back outstanding debt under its revolving credit [...]

(ETP) Energy Transfer Partners L.P. Completes Unit Offering

(ETP) Energy Transfer Partners Prices Unit Offer

vitalstocks — Mon, 14 Nov 2011 18:01:18 +0000

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 partnership (MLP) plans to use the net proceeds from this offering to pay back outstanding debt under its revolving credit [...]

(ETP) Energy Transfer Partners Prices Unit Offer

(KMP) Kinder Morgan Energy Partners Plans $400 Million Venture

vitalstocks — Thu, 10 Nov 2011 21:23:45 +0000

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 Morgan will set up, own and operate a $400 million oil terminal on the Houston Ship Channel. The first phase of the project involves construction [...]

(KMP) Kinder Morgan Energy Partners Plans $400 Million Venture

(MMP) Magellan Midstream Partners, L.P. Beats – Profit Grows

vitalstocks — Wed, 02 Nov 2011 17:08:48 +0000

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 reported earnings per unit (EPU) of 79 cents (excluding mark-to-market commodity-related pricing adjustments), surpassing the Zacks Consensus Estimate of 72 cents and the year-ago adjusted profit of 54 [...]

(MMP) Magellan Midstream Partners, L.P. Beats – Profit Grows

(WMB) The Williams Companies Reveals 2012-13 Forecast

vitalstocks — Thu, 06 Oct 2011 23:50:06 +0000

The Williams Companies, Inc. (WMB) disclosed plans to transform itself into a high-dividend, high-growth energy firm at its recent Analyst Day. The company also guided 2012–2013 adjusted earnings per share and cash flow from continuing operations, taking into account the upcoming Exploration & Production spin-off and the related exclusion of those results from Williams’ continuing [...]

(WMB) The Williams Companies Reveals 2012-13 Forecast

(PAA) Plains All American LP – Bull of the Day

vitalstocks — Wed, 05 Oct 2011 16:11:00 +0000

Plains All American Pipeline LP (PAA) maintained its strong performance from the first quarter, with its revenues increasing across the board. Going forward, the partnership expects the strong performance to continue into the second half of 2011, and therefore raised its EBITDA forecast for 2011. This bullishness has also prompted analysts to raise their estimates [...]

(PAA) Plains All American LP – Bull of the Day

(SXL) Sunoco Logistics Partners LP – Bull of the Day

vitalstocks — Wed, 17 Aug 2011 14:30:50 +0000

Buoyed by a robust operating performance and favorable growth prospects, we are upgrading Sunoco Logistics Partners, LP (SXL) to Outperform from Neutral. Recent results for Sunoco Logistics have been driven by strength in its crude pipeline system and terminals facilities. Importantly, the partnership has grown its cash distribution for twenty-five consecutive quarters. With its stable [...]

(SXL) Sunoco Logistics Partners LP – Bull of the Day

(ETP) Energy Transfer Partners Misses Forecast

vitalstocks — Mon, 08 Aug 2011 17:32:56 +0000

Pipeline operator Energy Transfer Partners L.P. (ETP) announced disappointing second quarter 2011 results, hurt by lower natural gas volumes and higher operating expenses. The owner of the biggest intrastate pipeline system in Texas reported earnings per unit of 19 cents, which came in way below the Zacks Consensus Estimate of 30 cents. However, earnings improved [...]

(ETP) Energy Transfer Partners Misses Forecast

(MMP) Magellan Midstream Partners, L.P. Beats EPS – Misses Revenue

vitalstocks — Fri, 05 Aug 2011 17:44:20 +0000

Pipeline operator Magellan Midstream Partners, L.P. (MMP) announced better-than-expected second quarter 2011 profits, aided by contributions from recently-completed acquisitions and expansion projects. The Tulsa, Oklahoma-based oil distributor reported earnings per unit (EPU) of 91 cents (excluding mark-to-market commodity-related pricing adjustments), surpassing the Zacks Consensus Estimate of 83 cents and the year-ago adjusted profit of 86 [...]

(MMP) Magellan Midstream Partners, L.P. Beats EPS – Misses Revenue

(SXL) Sunoco Logistics Partners’ Profits Surge

vitalstocks — Wed, 03 Aug 2011 23:01:33 +0000

Crude oil pipelines and terminals operator Sunoco Logistics Partners L.P. (SXL) announced a jump in its second-quarter 2011 profits, driven by strong contributions from the crude pipeline system and terminals facilities. The partnership’s diluted earnings per unit (“EPU”) came in at $2.40, significantly ahead of the Zacks Consensus Estimate of $1.31 and the year-ago period [...]

(SXL) Sunoco Logistics Partners’ Profits Surge

(SE) Spectra Energy Wraps Big Sandy Acquisition

vitalstocks — Wed, 06 Jul 2011 00:14:03 +0000

A master limited partnership by Spectra Energy Corp. (SE), Spectra Energy Partners, LP (SEP), closed its previously announced acquisition agreement with EQT Corp. (EQT) for a total consideration of $390 million. The acquired assets comprise a 70-mile regulated natural gas pipeline system –– Big Sandy Pipeline –– in eastern Kentucky. With a daily capacity of [...]

(SE) Spectra Energy Wraps Big Sandy Acquisition

(KMP) Kinder-Copano Grows in Eagle Ford

vitalstocks — Sat, 02 Jul 2011 16:35:46 +0000

Eagle Ford Gathering LLC continues to expand its reach for producers in the prolific South Texas region. In this regard, Kinder Morgan Energy Partners, L.P. (KMP) and Copano Energy, L.L.C. (CPNO) – the owners of Eagle Ford Gathering LLC – have entered into long-term joint venture (JV) agreements to provide midstream services to two hydrocarbon [...]

(KMP) Kinder-Copano Grows in Eagle Ford

(SXL) Sunoco Logistics Partners L.P. Makes Twin Purchases

vitalstocks — Thu, 30 Jun 2011 20:45:17 +0000

Sunoco Logistics Partners L.P. (SXL), a master limited partnership, has agreed to acquire an oil storage plant in New Jersey from Sunoco Inc. (SUN) in a stock deal, for approximately $100 million. Additionally, Sunoco Logistics plans to invest about $90 million for further development and legal obligations of the facility. Located in Westville, the Eagle [...]

(SXL) Sunoco Logistics Partners L.P. Makes Twin Purchases

(NS) NuStar Energy L.P. and Velocity in Eagle Ford Deal

vitalstocks — Wed, 29 Jun 2011 16:57:19 +0000

A unit of San Antonio-based partnership NuStar Energy L.P. (NS) has signed a letter of intent with an Oklahoma firm – Velocity Midstream Partners – to construct a pipeline system that will carry west Eagle Ford shale oil products from Velocity’s Gardendale hub to NuStar’s terminal facility in North Beach Corpus Christi, Texas. As per [...]

(NS) NuStar Energy L.P. and Velocity in Eagle Ford Deal

(WMB) Williams Bids for Southern Union

vitalstocks — Sun, 26 Jun 2011 17:28:14 +0000

Williams Companies (WMB) has offered to acquire all of the outstanding shares of Southern Union Company (SUG) for a total cash value of $4.86 billion, topping the bid of $4.2 billion that was placed by Energy Transfer Equity L.P. (ETE). The total enterprise value of the deal is estimated at $8.7 billion, which includes a [...]

(WMB) Williams Bids for Southern Union

(ETP) Energy Transfer Partners and Regency Energy Partners L.P. in Deal

vitalstocks — Thu, 23 Jun 2011 20:06:37 +0000

Lone Star LLC –– a joint venture between Energy Transfer Partners (ETP) and Regency Energy Partners L.P. (RGNC) –– announced that it will construct a 530-mile natural gas liquids (NGL) pipeline for $700 million. Energy Transfer will fund 70% of the estimated cost, while Regency Energy will contribute the remaining portion. The new pipeline, connecting [...]

(ETP) Energy Transfer Partners and Regency Energy Partners L.P. in Deal

(KMP) Kinder Morgan Energy Partners Buys Petcoke Terminal

vitalstocks — Mon, 20 Jun 2011 16:23:00 +0000

Kinder Morgan Energy Partners (KMP) has bought a newly constructed petroleum coke (petcoke) terminal in Port Arthur, Texas from TGS Development Group. The terminal cost the company approximately $67 million. The facility handles petcoke from Total Petrochemicals USA Inc.’s recently expanded Port Arthur refinery. As per the agreement, Kinder Morgan will provide conveying, storage and [...]

(KMP) Kinder Morgan Energy Partners Buys Petcoke Terminal

(KMP) Kinder-Copano Join Williams Partners L.P.

vitalstocks — Fri, 17 Jun 2011 14:42:52 +0000

Eagle Ford Gathering LLC, a joint venture (JV) between Kinder Morgan Energy Partners, L.P. (KMP) and Copano Energy, L.L.C. (CPNO), entered into a long-term agreement to provide midstream services to Williams Partners L.P. (WPZ) at the Markham processing plant. The deal entitles Eagle Ford Gathering to build a seven-mile, 20-inch lateral for processing Eagle Ford [...]

(KMP) Kinder-Copano Join Williams Partners L.P.

(ETP) Energy Transfer Partners Analyst Maintains Neutral Rating on Shares

vitalstocks — Sun, 12 Jun 2011 17:12:34 +0000

We are maintaining our long-term Neutral rating on Energy Transfer Partners L.P. (ETP) based on its growth momentum, which is aided by acquisitions and joint ventures, strong volume expansion and modest price increases. These positive aspects are somewhat diluted by the challenging macro environment, weak natural gas fundamentals and cost overruns on development projects. In [...]

(ETP) Energy Transfer Partners Analyst Maintains Neutral Rating on Shares

(EP) El Paso Amends Credit Facility

vitalstocks — Sat, 11 Jun 2011 14:15:59 +0000

El Paso Corporation (EP) and its subsidiary El Paso Exploration & Production Company (EPEP) announced that they have made changes to their credit facilities, as they prepare to split into two separate entities by year-end 2011. The credit facilities of both EP and EPEP are set to expire in 2012. El Paso Corp. amended and [...]

(EP) El Paso Amends Credit Facility

(MMP) Magellan Midstream Partners Posts Strong First Quarter Earnings

vitalstocks — Fri, 06 May 2011 22:28:49 +0000

Magellan Midstream Partners L.P. (MMP), a master limited partnership (“MLP”), reported earnings per unit (EPU) of $1.01 (excluding mark-to-market commodity-related pricing adjustments), surpassing both the Zacks Consensus Estimate of 87 cents and the year-ago profit of 67 cents (adjusted). Quarterly revenues came in at $442.9 million, breezing past the Zacks Consensus Estimate of $381 million [...]

(MMP) Magellan Midstream Partners Posts Strong First Quarter Earnings

(ETP) Energy Transfer Partners Earnings Miss – Profit Slumps

vitalstocks — Fri, 06 May 2011 22:28:11 +0000

Pipeline operator Energy Transfer Partners L.P. (ETP) announced weak first quarter results, as volumes suffered due to a lower base of differentials between the West and East Texas market hubs. The owner of the biggest intrastate pipeline system in Texas reported earnings per unit of 71 cents, below the Zacks Consensus Estimate of $1.03 and [...]

(ETP) Energy Transfer Partners Earnings Miss – Profit Slumps

(EEP) Enbridge Energy Partners Misses Earnings Estimates – Revenues Grow

vitalstocks — Wed, 04 May 2011 04:31:51 +0000

Enbridge Energy Partners L.P. (EEP) reported first-quarter 2011 earnings of 31 cents per unit, well below the Zacks Consensus Estimate of 38 cents and the year-earlier profit of 37 cents. Results were lower than expected mainly due to higher operating costs in liquids and natural gas segments. These were partially compensated by additional revenues from [...]

(EEP) Enbridge Energy Partners Misses Earnings Estimates – Revenues Grow

(NS) NuStar Energy Quarterly Profit Soars

vitalstocks — Wed, 04 May 2011 01:49:08 +0000

San Antonio-based publicly traded partnership NuStar Energy L.P. (NS) announced strong first quarter results, driven by higher operating income from all three business segments. The owner and operator of crude oil and refined products pipelines and storage facilities reported earnings per unit (EPU) of 40 cents (excluding the effect of early termination cost and other [...]

(NS) NuStar Energy Quarterly Profit Soars

(TCLP) TC PipeLines LP – Earnings Increase 27%

vitalstocks — Tue, 03 May 2011 18:32:42 +0000

TC PipeLines, LP (TCLP) recently delivered its fifth consecutive positive earnings surprise, prompting analysts to raise their estimates significantly higher. It is a Zacks #1 Rank (Strong Buy) stock. TCLP has also been steadily raising its distribution over the last decade. It currently yields a hefty 6.2%. About TCLP TC PipeLines, LP is a Master [...]

(TCLP) TC PipeLines LP – Earnings Increase 27%

(SE) Spectra Energy Earnings Beat Consensus

vitalstocks — Tue, 03 May 2011 18:04:52 +0000

Premier natural gas company Spectra Energy Corp. (SE) reported better-than-expected first-quarter 2011 results owing to expansion projects that kick-started, higher natural gas liquids (NGLs) prices and a stronger Canadian dollar. Earnings per share from continuing operations were 54 cents in the reported quarter, fairly ahead of the Zacks Consensus Estimate of 51 cents and higher [...]

(SE) Spectra Energy Earnings Beat Consensus

(SE) Spectra Energy Analyst Reiterates Shares at Neutral

vitalstocks — Mon, 18 Apr 2011 14:40:31 +0000

We maintain our Neutral recommendation on Spectra Energy Corporation (SE) given its impressive fourth quarter results, continued organic investments, healthy natural gas liquid (NGL) fundamentals, new prospects as well as a revival in the economy. However, we remain concerned about the low natural gas price environment. Last quarter, the company reported better-than-expected results owing to [...]

(SE) Spectra Energy Analyst Reiterates Shares at Neutral

(MMP) Magellan Midstream Partners Bullishness on Recovery

vitalstocks — Wed, 13 Apr 2011 16:41:49 +0000

Units of Magellan Midstream Partners L.P. (MMP) hit a 52-week high of $60.72 on Friday, April 8. The oil pipeline and storage partnership has seen its unit price climb approximately 26% since the end of August last year, as investors have been buying the stock for its attractive fundamentals and positive outlook. The turnaround in [...]

(MMP) Magellan Midstream Partners Bullishness on Recovery

(EP) El Paso Corporation Analyst Rates Shares Neutral

vitalstocks — Wed, 13 Apr 2011 16:29:58 +0000

We reiterate our Neutral recommendation on El Paso Corporation (EP) given the company’s high-grade Exploration & Production assets and large inventory of pipeline projects, which offer significant value in the long run. However, the delays and cost overruns at the Ruby pipeline project have hindered the company’s near-term outlook. Houston, Texas-based El Paso Corp. is [...]

(EP) El Paso Corporation Analyst Rates Shares Neutral

(ETP) Energy Transfer Partners L.P. Completes Public Offering

vitalstocks — Thu, 07 Apr 2011 17:24:56 +0000

Energy Transfer Partners L.P. (ETP) announced the closure of its previously announced public offering. The firm priced the public offering of 14,202,500 common units at $50.52 apiece, including a fully exercised over-allotment option for 1,852,500 units. The natural gas and propane gas master limited partnership (MLP) plans to use the net proceeds from this offering [...]

(ETP) Energy Transfer Partners L.P. Completes Public Offering

(EEP) Enbridge Energy Partners Maintains Neutral on Shares

vitalstocks — Mon, 04 Apr 2011 13:47:21 +0000

We are maintaining our Neutral recommendation on Enbridge Energy Partners, L.P. (EEP), given its fee-based and diversified businesses, along with its increased exposure to the Bakken Shale, the Haynesville Shale and Granite Wash. This is partially offset by the lower-than-expected results in the fourth quarter of 2010. Enbridge is engaged in the gathering, processing and transmission [...]

(EEP) Enbridge Energy Partners Maintains Neutral on Shares

(ETP) Energy Transfer Partners L.P. to Tap Equity Market

vitalstocks — Sun, 03 Apr 2011 21:46:22 +0000

Energy Transfer Partners L.P. (ETP) has commenced an underwritten public offering of 11,750,000 common units representing limited partner interests. The natural gas and propane gas master limited partnership (MLP) also intends to provide the underwriters with a 30-day option to purchase up to 1,762,500 additional common units to cover over-allotments, if any. Energy Transfer plans [...]

(ETP) Energy Transfer Partners L.P. to Tap Equity Market

(ETP) Energy Transfer Partners L.P. Unit Offering Priced at $50.52

vitalstocks — Sun, 03 Apr 2011 16:16:01 +0000

Energy Transfer Partners L.P. (ETP) priced a public offering of 12,350,000 common units at $50.52 per unit, with a 30-day over-allotment option for an additional 1,852,500 units. The natural gas and propane gas master limited partnership (MLP) plans to use the net proceeds from this offering to pay back the outstanding debt under its revolving [...]

(ETP) Energy Transfer Partners L.P. Unit Offering Priced at $50.52

(ETP) Energy Transfer Partners L.P. Prices Unit Offering

vitalstocks — Sun, 03 Apr 2011 16:15:43 +0000

(ETP) Energy Transfer Partners L.P. Prices Unit Offering

(KMP) Kinder Morgan Energy Partners Announces Promising Joint Venture

vitalstocks — Wed, 09 Mar 2011 05:34:57 +0000

Kinder Morgan Energy Partners, L.P. (KMP) announced plans to form a joint venture with Oklahoma-based companies Deeprock Energy Resources LLC and Mercuria Energy Trading. In this regard, Kinder Morgan will acquire a 50% stake in a crude oil storage plant for approximately $25 million. The joint venture aims at increasing the Cushing-based storage unit’s existing [...]

(KMP) Kinder Morgan Energy Partners Announces Promising Joint Venture

(ETP) Energy Transfer Partners’ Fourth Quarter Earnings Report Matches Estimates

vitalstocks — Sat, 19 Feb 2011 21:06:37 +0000

Pipeline operator Energy Transfer Partners L.P. (ETP) announced in-line fourth quarter results, as improved sales from its retail propane segment were offset by weakness in its natural gas transportation operations. The owner of the biggest intrastate pipeline system in Texas reported earnings per unit of 65 cents, same as the Zacks Consensus Estimate but below [...]

(ETP) Energy Transfer Partners’ Fourth Quarter Earnings Report Matches Estimates

(PAA) PAA Natural Gas Storage L.P. Announces Buy of Gas Storage Facility

vitalstocks — Sun, 02 Jan 2011 16:39:55 +0000

PAA Natural Gas Storage L.P. (PNG), a unit of Plains All American Pipeline L.P. (PAA), has agreed to buy SG Resources Mississippi LLC for roughly $750 million to increase exposure in the Gulf Coast market. The acquisition will help PAA Natural Gas Storage to gain control of SG Resources’ salt-cavern natural gas storage facility, the [...]

(PAA) PAA Natural Gas Storage L.P. Announces Buy of Gas Storage Facility

(ETP) Energy Transfer Partners L.P. Earnings Scorecard

vitalstocks — Tue, 14 Dec 2010 20:56:23 +0000

Earlier this month, Energy Transfer Partners L.P. (ETP) – a master limited partnership (“MLP”) – announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Energy Transfer, they are weighing in their estimate revisions. Below we cover the [...]

(ETP) Energy Transfer Partners L.P. Earnings Scorecard

(CPNO) Copano Energy, Kinder Morgan Energy and Chesapeake Energy Enter Joint Venture

vitalstocks — Mon, 13 Dec 2010 15:59:07 +0000

Through a joint venture (JV) with Copano Energy LLC (CPNO), Kinder Morgan Energy Partners LP (KMP) entered in to a long term Eagle Ford Shale gas services agreement with Chesapeake Energy Corporation (CHK). This is a 14-year term agreement. As per this agreement, Eagle Ford Gathering (the JV between KMP & CPNO) will accumulate Chesapeake’s [...]

(CPNO) Copano Energy, Kinder Morgan Energy and Chesapeake Energy Enter Joint Venture

(MMP) Magellan Midstream Partners L.P. Earnings Scorecard

vitalstocks — Thu, 18 Nov 2010 05:14:56 +0000

Earlier this month, Magellan Midstream Partners L.P. (MMP) – a master limited partnership (“MLP”) – announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Magellan, they are weighing in their estimate revisions. Below we cover the results [...]

(MMP) Magellan Midstream Partners L.P. Earnings Scorecard

(OKS) ONEOK Partners L.P. Raises Cash Distribution Again

vitalstocks — Sat, 23 Oct 2010 15:59:07 +0000

Master limited partner (MLP), ONEOK Partners L.P. (OKS) hiked its third quarter cash distribution by 1 cent to $1.13 per limited partner unit, implying a 0.9% rise from the previous distribution of $1.12 per unit. This brings the partnership’s annualized distribution to $4.52 per unit. The distribution will be paid on November 12, 2010 to [...]

(OKS) ONEOK Partners L.P. Raises Cash Distribution Again

(PAA) Plains All American Pipeline L.P. Acquires Assets Worth $175 Million

vitalstocks — Wed, 06 Oct 2010 03:43:36 +0000

Plains All American Pipeline L.P. (PAA) announced that its subsidiaries have entered into five different agreements to acquire assets worth $175 million. All the acquired assets are in areas where the partnership has existing operations. The assets, which were acquired by the Plain All American Pipeline’s units Incorporatedlude a 34% interest in White Cliffs Pipeline [...]

(PAA) Plains All American Pipeline L.P. Acquires Assets Worth $175 Million

(APL) Atlas Pipeline Partners to Dominate Largest-Ever Natural Gas Discovery in U.S.

InvestmentU — Mon, 23 Aug 2010 14:17:18 +0000

by Alexander Moschina, Investment U Research Thursday, August 19, 2010 Just because a company is selling off its assets doesn’t mean disaster is afoot. Sometimes it’s just a move to free-up capital for growth projects. That’s the case with Atlas Pipeline Partners, LP (NYSE: APL). The Pennsylvania gas company recently announced that it’s selling its [...]

(APL) Atlas Pipeline Partners to Dominate Largest-Ever Natural Gas Discovery in U.S.

(EP) El Paso Corporation Beats Earnings Expectations by a Cent

vitalstocks — Fri, 06 Aug 2010 17:21:46 +0000

El Paso Corporation (EP) announced its second-quarter 2010 operating earnings of 22 cents per share, which beat the Zacks Consensus Estimate by a penny. The results of the company were lower than year-ago earnings of 25 cents per share. GAAP earnings in the quarter were 21 cents versus 11 cents in the second quarter of [...]

(EP) El Paso Corporation Beats Earnings Expectations by a Cent

(EP) El Paso In Joint Venture With AGL Resources on Pipeline Business

vitalstocks — Tue, 03 Aug 2010 16:05:22 +0000

El Paso Corporation (EP) has entered into a 50/50 joint venture with AGL Resources Inc. (AGL), an Atlanta-based energy service company, for the distribution of liquefied natural gas (LNG) across the southeastern United States. The joint venture, Southeast LNG Distribution Company, will own a fleet of LNG-fueled tankers and distribution facilities and will primarily supply [...]

(EP) El Paso In Joint Venture With AGL Resources on Pipeline Business

(PAA) Plains All American Pipeline Raises Funds Via Notes Issue

vitalstocks — Fri, 09 Jul 2010 13:36:08 +0000

Plains All American Pipeline, L.P. (PAA) commenced the public offering of $400 million aggregate amount of 3.95% Senior Notes due Sept 15, 2015. The notes will be the unsecured senior obligations of Plains All American and guaranteed unconditionally by its certain subsidiaries. The Partnership anticipates receiving net proceeds (after expenses) of approximately $396.5 million from [...]

(PAA) Plains All American Pipeline Raises Funds Via Notes Issue