All Posts Tagged With: "EEP"

(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 volume. The pipeline operator will... 

8Dec2011 | | 0 comments | Continued

(SHI) China Buying its Way to Shale Technology

by Justin Dove, Investment U Research Friday, October 14, 2011 Sinopec’s (NYSE: SHI) move to purchase Calgary-based Daylight Energy (OTC: DAYYF.PK) and its 300,000 acres of oil and gas-rich land for $2.2 billion certainly wasn’t the first Canadian acquisition by a Chinese... 

17Oct2011 | | 0 comments | Continued

(EIA) 25-Year Outlook for Liquid Energy

by David Fessler, Investment U Senior Analyst Thursday, October 6, 2011 The Energy Information Administration (EIA) recently released its International Energy Outlook 2011. It’s the EIA’s annual 25-year energy forecast, and it contains important information for investors... 

7Oct2011 | | 0 comments | Continued

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

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... 

29Jun2011 | | 0 comments | Continued

(EPD) Enterprise Products Partners L.P. to Enhance Texas Infrastructure

Encouraged by the mounting production volume at the Eagle Ford Shale in South Texas, Enterprise Products Partners L.P. (EPD) has plans to install a sixth natural gas liquid (NGL) fractionator, with a capacity of 75,000 barrels per day (BPD), at the Mont Belvieu complex in the... 

29Jun2011 | | 0 comments | Continued

(KMP) Kinder Morgan Energy Partners Buys Petcoke Terminal

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... 

20Jun2011 | | 0 comments | Continued

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

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... 

3May2011 | | 0 comments | Continued

(EEP) Enbridge Energy Partners Maintains Neutral on Shares

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... 

4Apr2011 | | 0 comments | Continued

(KMP) Kinder Morgan Energy Partners Announces Promising Joint Venture

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... 

8Mar2011 | | 0 comments | Continued

(EEP) Enbridge Energy Partners LP Expands Pipelines

While a significant drilling activity is expected to come online, Enbridge Energy Partners LP (EEP) is planning to expand its East Texas Gas Gathering System. The partnership will construct three new lateral pipelines linking with the Haynesville Shale play. In addition, it is... 

15Feb2010 | | 0 comments | Continued

(EEP) Enbridge Energy Partners L.P. Reports In Line

Enbridge Energy Partners L.P. (EEP) reported its fourth quarter 2009 earnings of 64 cents per unit, in line with the Zacks Consensus Estimate and the year-earlier earnings of 67 cents. Total revenues for the quarter decreased more than 12% year over year to $1.63 billion. Enbridge... 

1Feb2010 | | 0 comments | Continued

(EEP) Enbridge Energy Partners L.P. Sports A Discounted Valuation

While other players in our MLP (master limited partnership) coverage increase their cash distribution, Enbridge Energy Partners L.P. (EEP) still lags behind. In the third quarter, Enbridge retained its cash distribution, while Enterprise Products Partners L.P. (EPD) and Kinder... 

27Dec2009 | | 0 comments | Continued

(EEP) Enbridge Energy Partners L.P. – Earnings Report Crushed Estimates

Enbridge Energy Partners, L.P. (EEP) estimates continue to climb as the company’s most recent project is expected to go into production next year. Company Description Enbridge is an energy transportation company based in Texas. The partnership delivers crude oil, petroleum,... 

9Dec2009 | | 0 comments | Continued

(EEP) Enbridge Energy Partners L.P. Beats on Higher Volumes

Enbridge Energy Partners L.P. (EEP) reported its third quarter earnings of 86 cents per unit, beating the Zacks Consensus Estimate of 60 cents. The company’s profit stood at 71 cents in the year-ago period. Total revenues for the quarter decreased nearly 51% year over year... 

11Nov2009 | | 0 comments | Continued

(ENB) Enbridge Secures Tar Sands Crude Oil Pipeline Permit

Last week, the Department of State issued a permit for Enbridge Inc. (ENB) to build the US portion of a cross-border pipeline. This project, called Alberta Clipper, will transfer crude oil from the tar sands area of Alberta, Canada to Midwestern US refineries. However, four environmental... 

26Aug2009 | | 0 comments | Continued