MLPs

Oil & Gas 360 Energy News

Ferrellgas Partners, L.P. Reports Record Adjusted EBITDA for Fiscal 2015

OVERLAND PARK, Kan., Sept. 29, 2015 (GLOBE NEWSWIRE) — Ferrellgas Partners, L.P. (NYSE:FGP) today announced record Adjusted EBITDA of $300.2 million for fiscal 2015, up 4% from the previous year of $288.1 million despite temperatures that were 8% …

September 30, 2015 - 10:36 am Energy News, MLPs
Energy Transfer Finally Locks Down Deal for Williams Companies at $37.7 Billion

Energy Transfer Finally Locks Down Deal for Williams Companies at $37.7 Billion

ETE Becomes Largest Energy Infrastructure Group

Enterprise Value Now Exceeds that of BP, Total and Petrobras

Energy Transfer Equity’s (ticker: ETE) long pursuit of Williams Companies (ticker: WMB) has come to an end.

On September 28, 2015, ETE announced the …

September 28, 2015 - 7:03 pm Downstream, Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
Sanchez Production Partners Acquires Eagle Ford Midstream Assets for $345 Million

Sanchez Production Partners Acquires Eagle Ford Midstream Assets for $345 Million

Sanchez Production Partners (ticker: SPP), a midstream-focused Master Limited Partnership, increased its footprint in the Eagle Ford with a $345 million cash acquisition announced on September 28, 2015. The assets, purchased from Sanchez Energy Corporation (ticker: SN) consist of 150 …

September 28, 2015 - 6:47 pm Analytics, Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
Valero Energy Partners LP Announces Acquisition of Corpus Christi Terminal Services Business for $465 Million

Valero Energy Partners LP Announces Acquisition of Corpus Christi Terminal Services Business for $465 Million

SAN ANTONIO, Sept. 23, 2015 /PRNewswire/ — Valero Energy Partners LP (NYSE: VLP, the Partnership) today announced that the board of directors of its general partner has approved the Partnership’s acquisition of the Corpus Christi Terminal Services Business from a …

September 23, 2015 - 6:39 pm Energy News, MLPs
American Midstream Closes Acquisition of Delta House Interest and Increases Revolving Credit Facility by 50% to $750 Million

American Midstream Closes Acquisition of Delta House Interest and Increases Revolving Credit Facility by 50% to $750 Million

American Midstream Partners, LP (AMID) (“Partnership”) announced today that it closed the acquisition of a minority interest in Delta House from an affiliate of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of the Partnership. The …

September 21, 2015 - 11:13 am Energy News, MLPs
Antero Resources Announces Drop Down of Water Business to Antero Midstream

Antero Resources Announces Drop Down of Water Business to Antero Midstream

Antero Resources Corporation (AR) (“Antero Resources” or the “Company”) announced today that it has entered into a definitive agreement for Antero Midstream Partners LP (AM) (“Antero Midstream” or the “Partnership”) to acquire Antero Resources’ integrated water …

September 21, 2015 - 11:09 am Energy News, MLPs
Enterprise Increases Credit Facility

Enterprise Increases Credit Facility

Enterprise Increases Capacity of Bank Credit Facilities by $500 Million to $5.5 Billion

Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) announced today that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), increased its bank credit facilities by $500 million to provide …

September 16, 2015 - 2:27 pm Midstream, MLPs, Oil and Gas 360 Articles
Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Analysts have pegged scores of oil and gas companies as potential takeover targets in the new commodity environment, but Williams Companies (ticker: WMB) is one of the few who has remained in the acquisition spotlight ever since a failed takeover

September 14, 2015 - 7:02 pm Downstream, Midstream, MLPs, Oil and Gas 360 Articles, Regulatory
Source: WMB

Calumet Specialty Products Partners, L.P. Names CEO

Timothy Go to Assume CEO Role Effective January 1, 2016

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (“Calumet” or “the Partnership”) a leading independent producer of specialty hydrocarbon and fuels products, announced today that its general partner’s Board of Directors …

September 14, 2015 - 10:54 am Energy News, MLPs
Source: Phillips 66

Berkshire Bolts on Another 3.5 Million Shares of Phillips 66

Warren Buffet looks to Phillips 66

Just eight days after the initial news that Warren Buffet’s Berkshire Hathaway Inc. (ticker: BRK.A) had invested $4.5 billion in Phillips 66, Buffet’s firm decided to purchase an additional 3.5 million shares of the …

September 10, 2015 - 2:39 pm Midstream, MLPs, Oil and Gas 360 Articles
Targa Resources Partners LP Prices $600 Million Offering of Senior Notes

Targa Resources Partners LP Prices $600 Million Offering of Senior Notes

Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NGLS) and its subsidiary Targa Resources Partners Finance Corporation announced today the pricing of $600 million of senior unsecured notes. The 6.750 percent notes mature on March 15, …

September 9, 2015 - 11:35 am Energy News, MLPs
Oil & Gas 360 Energy News

Atlas Companies Appoint CFO

Atlas Companies Appoint Jeffrey M. Slotterback as Chief Financial Officer

PHILADELPHIA, Aug. 31, 2015 /PRNewswire/ — Atlas Energy Group, LLC (ATLS) and Atlas Resource Partners, L.P. (ARP) today announced the appointment of Jeffrey M. Slotterback as …

August 31, 2015 - 5:47 pm Midstream, MLPs
Katherine Spector CIBC 2015 Interview at The Oil & Gas Conference20

Katherine Spector CIBC 2015 Interview at The Oil & Gas Conference20

Katherine Spector, head of commodities strategy for CIBC, spoke to Oil & Gas 360® at EnerCom’s The Oil & Gas Conference® 20. In the interview Spector gives her views on oil prices, the OPEC vs. Shale concept and discusses the …

August 27, 2015 - 7:09 pm MLPs, TOGC, Videos
Vanguard Natural Resources – Day Two Breakout Notes

Vanguard Natural Resources – Day Two Breakout Notes

Richard Robert, Executive Vice President and Chief Financial Officer of Vanguard Natural Resources, LLC (NASDAQ: VNR), presented today at EnerCom’s The Oil & Gas Conference® 20.

Vanguard Natural Resources is a publicly traded limited liability company focused on the acquisition, …

August 20, 2015 - 1:08 pm 2015 TOGC Two, MLPs, Oil and Gas 360 Articles
Blueknight Energy Partners – Day Two Breakout Notes

Blueknight Energy Partners – Day Two Breakout Notes

Mark Hurley, Chief Executive Officer of Blueknight Energy Partners, L.P. (NASDAQ: BKEP), presented today at EnerCom’s The Oil & Gas Conference® 20.

Blueknight Energy Partners, L.P. is a midstream energy company focused on providing integrated services for companies engaged in …

August 19, 2015 - 12:55 pm 2015 TOGC Two, MLPs
Mid-Con Energy Partners – Day One Breakout Notes

Mid-Con Energy Partners – Day One Breakout Notes

Michael Peterson, Chief Financial Officer of Mid-Con Energy Partners (NASDAQ: MCEP), presented today at EnerCom’s The Oil & Gas Conference 20®.

Mid-Con Energy Partners, LP is a publicly held Delaware limited partnership formed in July 2011 to own, acquire, exploit …

August 18, 2015 - 11:27 am MLPs, Oil and Gas 360 Articles
Southcross Energy Partners Reports Q2 Results

Southcross Energy Partners Reports Q2 Results

Southcross Energy Partners, L.P. Reports Increased Adjusted EBITDA in 2015 Second Quarter Results

Southcross Energy Partners, L.P. (SXE) (“Southcross” or the “Partnership”) today announced second quarter 2015 financial and operating results.

Highlights

  • Reported Adjusted EBITDA of $18.7 million,
August 7, 2015 - 5:20 pm MLPs
Magellan Midstream Reports 21% Year-over-Year Income Growth

Magellan Midstream Reports 21% Year-over-Year Income Growth

Magellan Midstream reports second quarter results

Oklahoma-based Magellan Midstream (ticker: MMP) reported its second quarter financial results, showing 21% in year-over-year income growth. In Q2, MMP reported $177.4 million in net income, an increase of $31.1 million from $146.3 …

August 6, 2015 - 4:46 pm Midstream, MLPs, Oil and Gas 360 Articles
Legacy Reserves LP Reports Q2 Results

Legacy Reserves LP Reports Q2 Results

Legacy Reserves LP Announces Second Quarter 2015 Results

Legacy Reserves LP (“Legacy”) (LGCY) today announced second quarter results for 2015.

Q2 highlights include:

  • Production of 33,571 Boe/d
  • Lease operating expense (excluding ad valorem taxes) of $42.8 million, a
August 5, 2015 - 4:25 pm MLPs
Oil & Gas 360 Energy News

DCP Midstream Partners Reports Q2

DCP Midstream Partners Reports Second Quarter 2015 Results

  • Reported Adjusted EBITDA of $150 million, up 36 percent from the second quarter of 2014
  • Generated Distributable Cash Flow of $141 million, up 52 percent from the second quarter of 2014, resulting
August 5, 2015 - 4:22 pm MLPs
Holly Energy Partners Increased Dividend 9% Year-over-Year

Holly Energy Partners Increased Dividend 9% Year-over-Year

Holly Energy Partners, L.P. Reports Second Quarter Results

Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (HEP) today reported financial results for the second quarter of 2015. For the quarter, distributable cash flow was $47.3 million, up $3.8 …

August 4, 2015 - 11:32 am MLPs
MLP Second Quarter 2015 Earnings

MLP Second Quarter 2015 Earnings

MLP Earnings for the Three Months Ended June 30, 2015

August 13

August 12

August 10

August 3, 2015 - 11:06 am Earnings, MLPs
DCP Midstream Announces $0.78 per Unit Distribution

DCP Midstream Announces $0.78 per Unit Distribution

DCP Midstream Partners Announces Quarterly Distribution

DCP Midstream Partners, LP (DPM) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.78 per common unit for the quarter ended June 30, …

July 28, 2015 - 6:39 pm MLPs
EVX Midstream Announces Formation and $75 Million of Funding

EVX Midstream Announces Formation and $75 Million of Funding

Private equity firm Five Point Capital funds midstream MLP EVX

EVX Midstream Partners announced its formation last Friday with a $75 million equity commitment from Five Point Capital Partners. EVX is a private midstream MLP that will focus on the …

July 21, 2015 - 5:47 pm Midstream, MLPs, Oil and Gas 360 Articles
Energy Transfer Partners Announces $1.94 Billion Dropdown

Energy Transfer Partners Announces $1.94 Billion Dropdown

Energy Transfer Partners Moves Susser Holdings to Sunoco LP

Energy Transfer Partners (ticker: ETP) announced that it plans a 100% dropdown of Susser Holdings Corp. (SHC) for approximately $1.94 billion to its subsidiary Sunoco LP (ticker: SUN). In addition, there …

July 15, 2015 - 6:33 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
Oil & Gas 360 Energy News

Arc Logistics Enters Weld County Midstream with $76.6 Million Acquisition

Pawnee Terminal offers connection into Pony Express Pipeline to CushingArc Pawnee Terminal

Arc Logistics (ticker: ARCX) announced today the $76.6 million acquisition of all the limited liability company interest of UET Midstream from United Energy Trading and Hawkeye Midstream. The consideration for …

MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

MLP of Marathon Petroleum Acquires MarkWest Energy Partners for $20 Billion

Combined Companies will Create Fourth Largest MLP

MPLX LP (ticker: MPLX), the master limited partnership (MLP) vehicle of Marathon Petroleum (ticker: MPC), has announced the oil and gas industry’s third-largest acquisition to date in 2015.

According to news releases from …

July 13, 2015 - 6:16 pm Midstream, MLPs, Oil and Gas 360 Articles
Top Minds in the Business: Mike Howard, CEO Howard Energy Partners

Top Minds in the Business: Mike Howard, CEO Howard Energy Partners

Energy infrastructure is becoming increasingly important as the United States steps into the role of the world’s largest producer, pumping about 55 quadrillion Btu (about 27.5 MMBOEPD) of petroleum and natural gas in 2014. The growth of production has …

Source: Gassco Kollsnes

Enterprise Expands Propylene Pipeline System

Enterprise Expands Propylene Pipeline System; Converting North Dean and Lou-Tex Pipelines to Polymer Grade Service

Enterprise Products Partners L.P. (EPD) today announced a series of projects to convert and expand segments of its petrochemicals pipeline network designed to …

July 9, 2015 - 1:19 pm MLPs
Sanchez Production Partners Initiates Capital Restructuring with a 1-for-10 Reverse Split

Sanchez Production Partners Initiates Capital Restructuring with a 1-for-10 Reverse Split

Sanchez Production Partners LP (NYSE MKT: SPP) (“SPP” or the “Partnership”) today announced that it intends to implement a 1-for-10 reverse split on its common units, effective after the market closes on August 3, 2015.

“Since the summer of 2013, …

July 9, 2015 - 12:00 pm Analytics, Energy News, MLPs