Post Tagged with: "MLP"

EV Energy Partners Closes on Acquisitions

EV Energy Partners Closes on Acquisitions

EV Energy Partners Announces Closing of Appalachian Basin, San Juan Basin, Michigan and Austin Chalk Acquisitions

HOUSTON, Oct. 1, 2015 /PRNewswire/ — EV Energy Partners, L.P. (NASDAQ: EVEP) today announced it has closed four previously announced acquisitions purchased …

October 2, 2015 - 5:19 pm Mergers & Acquisitions, Midstream, MLPs
Crestwood Equity Completes Merger with Crestwood Midstream

Crestwood Equity Completes Merger with Crestwood Midstream

HOUSTON–(BUSINESS WIRE)–Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood Equity”) and Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood Midstream”) (collectively “Crestwood”) today announced the closing of the merger between Crestwood Equity and Crestwood Midstream following approval of the merger …

October 1, 2015 - 11:45 am MLPs
NuStar Energy L.P. and NuStar GP Holdings, LLC to Announce Third Quarter 2015 Earnings Results on November 2, 2015

NuStar Energy L.P. and NuStar GP Holdings, LLC to Announce Third Quarter 2015 Earnings Results on November 2, 2015

SAN ANTONIO–(BUSINESS WIRE)–NuStar Energy L.P. (NYSE: NS) and NuStar GP Holdings, LLC (NYSE: NSH) today announced that they will host a joint conference call on Monday, November 2, 2015 at 2:00 p.m. Central Time to discuss the third …

October 1, 2015 - 11:11 am MLPs
Enterprise Declares Quarterly Distribution Increase

Enterprise Declares Quarterly Distribution Increase

Enterprise Declares 45th Consecutive Quarterly Distribution Increase; Enterprise Products Company Intends to Reinvest $50 Million of November Distributions

HOUSTON–(BUSINESS WIRE)–

Enterprise Products Partners L.P. (EPD) (“Enterprise”) announced today that the board of directors of its general partner declared …

October 1, 2015 - 10:58 am 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
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
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
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
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
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
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 …

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
Enterprise Completes Acquisition of Eagle Ford Assets

Enterprise Completes Acquisition of Eagle Ford Assets

Enterprise Completes Acquisition of Eagle Ford Midstream Assets

Enterprise Products Partners L.P. (EPD) today announced it has closed on its purchase of the member interests in EFS Midstream LLC (“EFS Midstream”) from affiliates of Pioneer Natural Resources Company …

July 8, 2015 - 4:53 pm MLPs
Williams’ Transco Seeks FERC Approval for Pipeline to Serve New York City

Williams’ Transco Seeks FERC Approval for Pipeline to Serve New York City

Williams’ Transco Seeks FERC Approval for Pipeline Expansion to Serve New York City by Winter 2017

Williams (WMB) announced today that Transco has filed an application with the Federal Energy Regulatory Commission for its New York Bay Expansion …

July 8, 2015 - 4:51 pm MLPs
Genesis Energy Increases Distribution

Genesis Energy Increases Distribution

Genesis Energy, L.P. Increases Quarterly Distribution

Genesis Energy, L.P. (GEL) announced today that it will pay a regular quarterly distribution of $0.625 per Common Unit for the quarter ended June 30, 2015. The distribution will be paid on …

July 7, 2015 - 5:55 pm MLPs
Oil & Gas 360 Energy News

Enterprise Increases Distributions

Enterprise Declares Distribution; 44th Consecutive Quarterly Distribution Increase

Enterprise Products Partners L.P. (EPD) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.38 per …

July 7, 2015 - 5:52 pm MLPs
Plains All American Increased Distributions

Plains All American Increased Distributions

Plains All American Pipeline, L.P. and Plains GP Holdings Increase Distributions

Plains All American Pipeline, L.P. (NYSE: PAA) andPlains GP Holdings (NYSE: PAGP) today announced their quarterly cash distributions with respect to the second quarter of 2015. …

July 7, 2015 - 5:49 pm MLPs
Linn Energy Sells Remaining Wolfcamp Acreage for $281 Million, Finalizes $1.5 Billion in Strategic Alliances

Linn Energy Sells Remaining Wolfcamp Acreage for $281 Million, Finalizes $1.5 Billion in Strategic Alliances

LINN Energy Announces Sale of Remaining Permian Basin Wolfcamp Acreage for $281 Million

LINN Energy, LLC (NASDAQ:LINE) (“LINN” or the “Company”) and LinnCo, LLC (NASDAQ:LNCO) (“LinnCo”) announced today that LINN has signed a definitive agreement to sell its remaining position …

July 6, 2015 - 5:00 pm MLPs
Source: Gassco Karsto Pipes

Southcross Energy Announces Completion of NGL Pipelines

Southcross Energy Partners, L.P. Announces Completion of NGL Pipelines and Provides Update on Southcross Holdings LP’s Robstown Eagle Ford Fractionator

Southcross Energy Partners, L.P. (SXE) (“Southcross”) today announced the completion of a 60,000 bbls/d Y-grade pipeline connecting Southcross’ …

July 6, 2015 - 3:52 pm MLPs
ONEOK Raises $277 Million

ONEOK Raises $277 Million

ONEOK Partners Raises Approximately $277 Million Through ATM Equity Program

 ONEOK Partners, L.P. (OKS) today announced that it sold approximately 7.2 million common units totaling approximately $277 million through its at-the-market equity program (ATM program) in the first …

July 1, 2015 - 6:53 pm MLPs
DCP Midstream Increasing Presence in the DJ Basin

DCP Midstream Increasing Presence in the DJ Basin

DCP Midstream Partners’ Lucerne 2 Plant Now Serving the DJ Basin

Today, DCP Midstream Partners, LP (DPM), or the Partnership, announced its new 200 million cubic feet per day (MMcf/d) Lucerne 2 natural gas processing plant is now …

June 29, 2015 - 6:42 pm MLPs
Magellan Midstream and LBC Tank Terminals For Huston JV

Magellan Midstream and LBC Tank Terminals For Huston JV

Magellan Midstream and LBC Tank Terminals Form 50/50 Joint Venture to Build Terminal and Pipeline Infrastructure on the Houston Gulf Coast

Magellan Midstream Partners, L.P. (MMP) (“Magellan”) and LBC Tank Terminals, LLC (“LBC”) announced today that they have …

June 29, 2015 - 6:39 pm Midstream, MLPs