Post Tagged with: "MLP"

Source: Crestwood Equity Partners

Crestwood Bolsters its Midstream Assets in the Bakken

By Tyler Losier, Energy Reporter, Oil & Gas 360

Commercial operations begin at the Bear Den II processing plant
Crestwood Equity Partners LP (stock ticker: CEQP), a Houston-based master limited partnership, has begun commercial operations at its Bear Den II

Source: Summit Midstream Partners LP

Summit Midstream Appoints New President and CEO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Summit Midstream Partners appoints J. Heath Deneke as president, CEO and board member
Summit Midstream Partners LP (stock ticker: SMLP), a master limited partnership located in The Woodlands, Texas, has appointed

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Major Midstream Producers Discuss Differentials, Industry Prospects

Several of the largest oil and gas midstream companies have reported Q3 earnings, giving a glimpse into the midstream side of the industry.

The conference calls of Enbridge (ticker: ENB), TransCanada (ticker: TRP), Enterprise Products Partners (ticker: EPD) and Kinder

EnerCom’s Midstream and MLP Scorecard – October 29 2018

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 …

October 29, 2018 - 12:53 pm Closing Bell Story‎, Midstream, MLP News, MLP Scorecard, MLPs
EnerCom’s Midstream and MLP Scorecard – October 22 2018

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 …

October 22, 2018 - 2:25 pm Closing Bell Story‎, Midstream, MLP News, MLP Scorecard, MLPs
Energy Transfer on Trend: Consolidates MLP

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 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 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 …

March 13, 2018 - 4:27 pm Closing Bell Story‎, MLPs, Oil and Gas 360 Articles, People
A $2 Billion MLP:  American Midstream Partners – JP Energy Merger

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

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 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 …

September 15, 2016 - 6:02 pm Closing Bell Story‎, Midstream, MLPs, Oil and Gas 360 Articles
Noble Energy Looks to IPO Midstream Assets for a Second Time

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 …

September 8, 2016 - 5:19 pm Closing Bell Story‎, MLPs, Oil and Gas 360 Articles
Mid-Con Energy Partners – Day One Breakout Notes

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
August 15, 2016 - 11:17 am Closing Bell Story‎, MLPs, Oil and Gas 360 Articles, TOGC21
EnerCom Conference Presenter Focus: Black Stone Minerals L.P.

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 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 …

May 4, 2016 - 4:00 pm Closing Bell Story‎, Earnings, Energy News, MLPs
MPLX LP Reports First Quarter 2016 Financial Results

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

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.

Oil & Gas 360 American Midstream acquisition

Highlights include:

  • The Partnership
$37.7 Billion Energy Transfer Equity Merger Sours

$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

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 …

March 16, 2016 - 4:28 pm Closing Bell Story‎, MLPs, Oil and Gas 360 Articles
Could E&P Bankruptcy Destabilize Midstream MLPs?

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

Oil & Gas 360 Energy News

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

Energy Professionals: You Are Mobile

Energy Industry Professionals: You are Mobile - Oil & Gas 360 Closing Bell Report global-audience

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 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 …

November 20, 2015 - 6:14 pm Closing Bell Story‎, Midstream, MLPs, Oil and Gas 360 Articles
Energy Transfer Partners Completes Dropdown of Remaining Retail Business for $2.2 Billion

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 Third Quarter 2015 Earnings

MLP Earnings for the Three Months Ended September 30, 2015

November 12

November 10

November 2, 2015 - 9:59 am Earnings, MLPs, Oil and Gas 360 Articles
Noble Energy Announces IPO for Midstream Assets

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) …

October 22, 2015 - 6:15 pm Midstream, MLPs, Oil and Gas 360 Articles
Western Gas Announces Third Quarter 2015 Distribution And Schedules Earnings Conference Call

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.  …

October 14, 2015 - 5:19 pm Energy News, MLPs
EV Energy Partners Announces Amendment to Senior Secured Credit Facility and Borrowing Base Increase to $625 Million

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 …

October 8, 2015 - 5:53 pm MLPs
Source: WPX

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 …

October 7, 2015 - 5:47 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
EnLink Completes Acquisition

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 …

October 2, 2015 - 5:22 pm Mergers & Acquisitions, Midstream, MLPs