All Posts Tagged With: "EPD"
(DOW) Three More Industries Thriving From Record-Low Natural Gas Prices
by Mike Kapsch, Investment U Research Tuesday, January 24, 2012 Since hitting a high of $15.37 in December 2005, the price of natural gas has plunged to its lowest level in over a decade to $2.30. That’s an 85% drop. As Reuters recently reported, “The unrelenting surge in...
31Jan2012 | InvestmentU | 0 comments | Continued(DUK) 2012 Predictions for Income Investors
by Marc Lichtenfeld, Investment U Senior Analyst Wednesday, December 28, 2011: Issue #1674 Last week, I reviewed my brilliant (and a few, let’s call them sub-brilliant) market calls for 2011. As the year winds down, here are my thoughts for what lies ahead in 2012 for income...
9Jan2012 | InvestmentU | 0 comments | Continued(EPD) Enterprise Products Partners and Genesis Energy Sign Pipeline Plan
Enterprise Products Partners L.P. (EPD) and Genesis Energy L.P. (GEL) have inked a construction agreement for a crude oil gathering pipeline to serve the Lucius development area in the Gulf of Mexico. Southeast Keathley Canyon Pipeline Company LLC (“SEKCO”) – a 50:50...
8Jan2012 | 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 gas master limited partnership (MLP) plans to use the net proceeds...
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 partnership (MLP) plans to use the net proceeds from...
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 Morgan will set up, own and operate a $400 million oil terminal on the Houston...
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 reported earnings per unit (EPU) of 79 cents (excluding...
2Nov2011 | vitalstocks | 0 comments | Continued(CVX) Utica Shale Drilling Permits Skyrocket in September
by Justin Dove, Investment U Research Thursday, October 13, 2011 On Tuesday, the U.S. Energy Information Agency (EIA) released a report about the sharp increase in Ohio shale drilling permits. Steve McDonald recently wrote about the land value increases occurring in the region. As...
17Oct2011 | InvestmentU | 0 comments | Continued(EPD) Enterprise Products Partners L.P. – Enbridge in Pipeline Joint Venture
Midstream service providers, Enterprise Products Partners L.P. (EPD) and Enbridge Inc. (ENB) have entered a joint venture agreement to build a pipeline –– Wrangler –– connecting the oil-storage hub of Cushing, Oklahoma, to refiners on the Gulf Coast. With the initial...
6Oct2011 | vitalstocks | 0 comments | Continued(WPZ) Williams Partners Beats Earnings on Bottom Line
Williams Partners L.P. (WPZ) has registered second-quarter 2011 earnings of 91 cents per limited-partner unit, which surpassed the Zacks Consensus Estimate of 85 cents. The quarter’s results also improved almost 38% from the year-ago profit of 66 cents per unit. Higher natural...
21Aug2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners Misses Forecast
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...
8Aug2011 | vitalstocks | 0 comments | Continued(KMP) Kinder-Copano Grows in Eagle Ford
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...
2Jul2011 | vitalstocks | 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 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(KMP) Kinder-Copano Join Williams Partners L.P.
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...
17Jun2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners Analyst Maintains Neutral Rating on Shares
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...
12Jun2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners Earnings Miss – Profit Slumps
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...
6May2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners L.P. Completes Public Offering
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...
7Apr2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners L.P. to Tap Equity Market
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...
3Apr2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners L.P. Unit Offering Priced at $50.52
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...
3Apr2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners L.P. Prices Unit Offering
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...
3Apr2011 | vitalstocks | 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 | vitalstocks | 0 comments | Continued(FLS) Flowserve Fourth Quarter 2010 Report Beats Estimates
Flowserve Corporation (FLS) reported fourth-quarter 2010 earnings per share from continuing operations of $2.09, surpassing the Zacks Consensus Estimate of $1.98. For 2010, earnings per share from continuing operations was $7.03, outpacing the Zacks consensus Estimate of $6.91. During...
3Mar2011 | vitalstocks | 0 comments | Continued(CHS) Company News for February 24, 2011 – Corporate Summary
• Garmin Ltd. (NASDAQ:GRMN) reported Q4 EPS of $0.83, lower than the Zacks Consensus Estimate of $0.87 per share. Revenues for the quarter fell 21% year-over-year to $838.0 million, missing the Zacks Consensus Estimate of $860.0 million • Chico’s FAS, Inc. (NYSE:CHS)...
24Feb2011 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners’ Fourth Quarter Earnings Report Matches Estimates
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...
19Feb2011 | vitalstocks | 0 comments | Continued(EPD) nterprise Products Partners and Enterprise GP Holdings Wrap up Merger
One of the nation’s biggest pipeline operators, Enterprise Products Partners L.P. (EPD) and Enterprise GP Holdings LP (“EPE”) have completed a unit-based merger. Enterprise GP is now a subsidiary of Enterprise Products. Per the agreement, for every 1 unit, EPE unitholders...
19Dec2010 | vitalstocks | 0 comments | Continued(ETP) Energy Transfer Partners L.P. Earnings Scorecard
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...
14Dec2010 | vitalstocks | 0 comments | Continued(FLS) Flowserve Third Quarter 2010 Reports Ahead of Consensus
Flowserve Corp. (FLS) reported third quarter 2010 earnings per share of $1.84 from continuing operations, exceeding the Zacks Consensus Estimate of $1.81. Excluding realignment charges of 3 cents, earnings per share were down primarily due to an erosion of gross margin by 230...
3Nov2010 | vitalstocks | 0 comments | Continued