All Posts Tagged With: "PAA"

(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 | | 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 | | 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 | | 0 comments | Continued

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

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... 

5Oct2011 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 0 comments | Continued

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

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... 

2Jan2011 | | 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 | | 0 comments | Continued

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

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... 

5Oct2010 | | 0 comments | Continued

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

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... 

9Jul2010 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. Beats The Street

Plains All American Pipeline L.P. (PAA) reported adjusted earnings of 77 cents per unit, beating the Zacks Consensus Estimate of 73 cents and in line with the company’s guidance. However, results in the quarter were below last year’s earnings of $1.02 per share. Plains All... 

13May2010 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. Beats Zacks Estimates

Plains All American Pipeline L.P. (PAA) reported adjusted earnings of 80 cents per unit, above the Zacks Consensus Estimate of 70 cents and last year’s earnings of 74 cents. For the full year 2009, the partnership reported earnings of $3.14 per unit, beating the Zacks Consensus... 

16Feb2010 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. Plans IPO

Plains All American Pipeline L.P. (PAA), recently, announced plans for an initial public offering of PAA Natural Gas Storage L.P., a master limited partnership subsidiary, which the company plans to create for its natural-gas storage business. Plains said it will register for... 

18Jan2010 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. Adds to Capline Stakes

Master limited partnership, Plains All American Pipeline L.P. (PAA) announced that it has acquired additional 21% stakes in the Capline Pipeline system and 100% stake in 720,000 barrels of tankage at Patoka, Illinois. The Capline assets were acquired for an aggregate consideration... 

11Jan2010 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. In Line with Analyst Numbers

Plains All American Pipeline L.P. (PAA) reported adjusted earnings of 59 cents per share, marginally above the Zacks Consensus Estimate of 58 cents and down from 71 cents reported a year ago. Plains All American reported a 13% increase in the adjusted earnings for the Transportation... 

11Nov2009 | | 0 comments | Continued

(PAA) Plains All American Pipeline L.P. Buys Holly Corporation Assets

Plains All American Pipeline L.P. (PAA) yesterday announced the acquisition of certain pipelines, a manifold system and approximately 400,000 barrels of crude oil storage capacity from Holly Corporation (HOC) for $40 million. The deal includes 6 tanks, 9 receiving pipelines and... 

21Oct2009 | | 0 comments | Continued

(PAA) Plains All American Pipeline Buys Stake in PAA Natural Gas Storage

Plains All American Pipeline (PAA) recently agreed to acquire a 50% stake in PAA Natural Gas Storage (PNGS) from Vulcan Capital for $220 million. The deal will bring Plains total control over its natural gas storage business and related operating entities. The transaction comprises... 

1Sep2009 | | 0 comments | Continued