Post Tagged with: "MLP"
EnerCom’s Midstream and MLP Scorecard – October 29 2018
EnerCom’s Midstream and MLP Scorecard is our weekly distribution of information emerging from the oil and gas midstream sector.
This week’s Scorecard report delivers 33 comparative metrics on 60 midstream companies and partnerships. All of the names in the list …
EnerCom’s Midstream and MLP Scorecard – October 22 2018
EnerCom’s Midstream and MLP Scorecard is our weekly distribution of information emerging from the oil and gas midstream sector.
This week’s Scorecard report delivers 33 comparative metrics on 60 midstream companies and partnerships. All of the names in the list …
Energy Transfer on Trend: Consolidates MLP
Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced that an agreement upon the merger of ETP with ETE in a unit-for-unit exchange. In connection with the transaction, ETE’s incentive distribution rights (IDRs) in ETP …
Diamondback Energy Running 11 Rigs, 5 Frac Crews in the Permian: Production Up 10% over Q4
Diamondback Energy, Inc. (ticker: FANG) produced 102.6 MBOEPD in Q1 2018. This is 10% more than Q4 2017 production volumes of 92.9 MBOEPD. Diamondback is currently running 11 drilling rigs and five dedicated completion crews.
Q1 2018 average realized prices …
Hi-Crush to Join Alerian’s AMZ and AMZE
Hi-Crush Partners LP (ticker: HCLP) will be added to both the Alerian MLP Index (AMZ) and the Alerian MLP Equal Weight Index (AMZE) following the close of business on March 16, 2018.
“The addition of Hi-Crush to the AMZ and …
A $2 Billion MLP: American Midstream Partners – JP Energy Merger
ArcLight Capital Partners combines two of its sponsored MLPs into one entity
American Midstream Partners (ticker: AMID) announced that it will merge with JP Energy Partners (ticker: JPEP) in a unit-for-unit deal, forming an MLP with a $2 billion enterprise …
Permian Moves: Sunoco Logistics Purchases Permian Midstream Assets for $760 Million
Sunoco acquisition of Vitol’s Permian assets expands the company’s midstream infrastructure at the premier plays in the country
Netherlands-based energy trader Vitol Group announced last week that its partner in its Permian Basin crude oil system, Pennsylvania-based MLP Sunoco Logistics …
Noble Midstream IPO Could Open the Doors to Capital for Other MLPs
Noble Midstream Partners receives more than anticipated for IPO
Noble Energy (ticker: NBL) announced a public offering for its MLP subsidiary Noble Midstream Partners (ticker: NBLX) last week with the hope of garnering an offer price between $19.00 and $21.00 …
Noble Energy Looks to IPO Midstream Assets for a Second Time
Noble hopes to raise around $270 million with midstream MLP IPO
Ten months after postponing the IPO of its wholly owned subsidiary Noble Midstream Partners, Noble Energy (ticker: NBL) announced that plans for a public offering are back on the …
Mid-Con Energy Partners – Day One Breakout Notes
Mid-Con Energy Partners presents at EnerCom’s The Oil & Gas Conference®
During Mid-Con Energy Partners’ breakout session, management was asked the following questions:
- How do you balance debt reduction with your distribution on common units?
- Is there some sort of
EnerCom Conference Presenter Focus: Black Stone Minerals L.P.
Black Stone Minerals will present at EnerCom’s The Oil & Gas Conference® 21 on Aug. 17, 2016.
Black Stone Minerals, L.P. is one of the largest holders of mineral and royalty interests focused on oil and gas properties in the …
Dominion Midstream Partners Announces First-Quarter 2016 Earnings
Dominion Midstream Partners, LP (NYSE: DM) reported unaudited net income attributable to the partnership of $23.1 million, or $0.29 per common limited partner unit for the three months ended March 31, 2016. Adjusted earnings before interest, income taxes, depreciation and …
MPLX LP Reports First Quarter 2016 Financial Results
- Reported first-quarter adjusted EBITDA of $302 million; distributable cash flow of $236 million
- Declared distribution of $0.505 per common unit, a 23 percent increase over first-quarter 2015
- Announced a $1 billion private placement of convertible preferred securities with third-party investors
American Midstream Partners Expands Gulf of Mexico Footprint with $225 Million Acquisition
DENVER–(BUSINESS WIRE)– American Midstream Partners, LP (NYSE: AMID) (the “Partnership”) today announced the acquisition of interests in strategic Gulf of Mexico midstream infrastructure and incremental ownership in Delta House for total consideration of approximately $225 million.
Highlights include:
- The Partnership
$37.7 Billion Energy Transfer Equity Merger Sours
Williams Companies claim Energy Transfer Equity is breaching their merger agreement
Williams Companies (ticker: WMB) is suing Energy Transfer Equity (ticker: ETE) for breaching their merger agreement. In September of last year, ETE offered to acquire Williams for total consideration …
The Rise and Fall of Linn Energy
From a $261 million IPO, to a top-20 publicly traded E&P, to possible bankruptcy
Linn Energy (ticker: LINE, LinnEnergy.com) became one of the largest publicly-traded U.S. E&P companies over the course of its now 13 years of operations. Started …
Could E&P Bankruptcy Destabilize Midstream MLPs?
Bankrupt E&P companies looking to end pipeline agreements
The downturn in oil prices took a serious toll on the U.S. E&P market last year, with 42 companies filing for bankruptcy in 2015. Those companies’ total debt amounted to $17.85 billion…
MLPs: Time for a Second Look?
MLPs: Finding Yield
After seven years of the most accommodative monetary policy in U.S. history, Janet Yellen and the Federal Reserve decided on December 16, 2015 to raise the federal funds target rate from 0 to 0.25 percent to 0.25 …
Energy Professionals: You Are Mobile
The point is: people in the energy business are extremely mobile.
One glance at “Closing Bell Report” on your computer, phone or tablet tells you exactly what’s going on in the global oil and gas industry that day.
“Closing …
Noble Postpones IPO of Midstream MLP
Noble Energy sites weak markets
Houston-based Noble Energy (ticker: NBL) announced today that it will postpone an IPO of its wholly owned subsidiary Noble Midstream Partners, which the company planned to list on the New York Stock Exchange with the …
Energy Transfer Partners Completes Dropdown of Remaining Retail Business for $2.2 Billion
Latest dropdown brings total transactions to $5.7 billion in just over a year
Energy Transfer Partners (ticker: ETP) announced the dropdown of its remaining retail business to Sunoco LP (ticker: SUN) for total consideration of $2.226 billion. Energy Transfer Partners’ …
MLP Third Quarter 2015 Earnings
MLP Earnings for the Three Months Ended September 30, 2015
November 12
- Alta Mesa Holdings, LP
- Sanchez Production Partners – NYSE MKT: SPP
- Shell Midstream Partners, L.P. – NYSE: SHLX
November 10
…Noble Energy Announces IPO for Midstream Assets
Noble plans to form an MLP out of its midstream assets in the DJ Basin
Houston-based Noble Energy (ticker: NBL) announced today that its wholly owned subsidiary Noble Midstream Partners has filed with the U.S. Securities and Exchange Commission (SEC) …
Western Gas Announces Third Quarter 2015 Distribution And Schedules Earnings Conference Call
HOUSTON, Oct. 14, 2015 /PRNewswire/ — Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner declared a quarterly cash distribution of $0.775 per unit for the third quarter of 2015. …
EV Energy Partners Announces Amendment to Senior Secured Credit Facility and Borrowing Base Increase to $625 Million
HOUSTON, Oct. 8, 2015 /PRNewswire/ — EV Energy Partners, L.P. (NASDAQ: EVEP) announced that it has entered into an amendment to its senior secured credit facility that, among other things, increases the borrowing base from $500 million to …
Vanguard Natural Resources Closing in on $1.1 Billion in Acquisitions
Vanguard closes on LRR Energy for $541 million
Vanguard Natural Resources (ticker: VNR) announced today the closing of the previously announced deal to acquire LRR Energy. According to the company’s press release, a subsidiary of Vanguard merged into LRR …
EnLink Completes Acquisition
EnLink Midstream Completes Acquisition of Delaware Basin Assets
DALLAS–(BUSINESS WIRE)–The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together with its subsidiaries “EnLink”), today announced that a subsidiary …
