Post Tagged with: "MLP"

ONEOK Partners Announces $800 Million Offering

ONEOK Partners Announces $800 Million Offering

ONEOK Partners Announces $800 Million Notes Offering

TULSA, Okla., March 17, 2015 /PRNewswire/ — ONEOK Partners, L.P. (NYSE: OKS) today announced that it has priced an offering to sell $800 million of senior notes, consisting of $300 million of five-year …

March 17, 2015 - 5:09 pm MLPs
EnLink Completes Acquisition of Coronado

EnLink Completes Acquisition of Coronado

EnLink Midstream Completes Acquisition of Coronado Midstream

DALLAS–(BUSINESS WIRE)–

The EnLink Midstream companies, EnLink Midstream Partners, LP (ENLK) (the Partnership) and EnLink Midstream, LLC (ENLC) (the General Partner) (together “EnLink”), today announced that the Partnership completed …

March 17, 2015 - 3:08 pm MLPs
Sanchez Considers Sale of Mid-Continent Assets

Sanchez Considers Sale of Mid-Continent Assets

Sanchez Production Partners Engages Lantana Energy Advisors for the Possible Sale of Mid-Continent Assets

HOUSTON–(BUSINESS WIRE)–

Sanchez Production Partners LP (NYSE MKT: SPP) today announced that it has engaged Lantana Energy Advisors (“Lantana”) to assist with the possible divestiture of …

March 16, 2015 - 3:06 pm MLPs
Oil & Gas 360 Energy News

Enterprise General Partners Buys $100 Million of Enterprise Common Units

Affiliate of Enterprise’s General Partner Purchases $100 Million of Enterprise Common Units

HOUSTON–(BUSINESS WIRE)–

Enterprise Products Partners L.P. (“Enterprise” NYSE: EPD) announced today that an affiliate of its general partner, which is owned by privately held Enterprise Products Company (“EPCO”), …

March 16, 2015 - 3:01 pm MLPs
Sprague Resources Announces Q4 Results

Sprague Resources Announces Q4 Results

Sprague Resources LP Reports Fourth Quarter And Full Year 2014 Results

PORTSMOUTH, N.H., March 13, 2015 /PRNewswire/ — Sprague Resources LP (“Sprague”) (SRLP) today reported its financial results for the fourth quarter and twelve months ended December 31, …

March 13, 2015 - 5:38 pm MLPs
Enbridge Announces Closing of Common Unit Letter Offerings

Enbridge Announces Closing of Common Unit Letter Offerings

Enbridge Energy Partners, L.P. Announces Closing of Common Unit Offering

HOUSTON, TX–(Marketwired – Mar 13, 2015) – Enbridge Energy Partners, L.P. (NYSE: EEP) (the “Partnership”) announced the closing of its previously announced public offering of 8 million of its Class …

March 13, 2015 - 5:28 pm MLPs
TransMontaigne Partners Announces Q4 and FY 2014 Results

TransMontaigne Partners Announces Q4 and FY 2014 Results

TransMontaigne Partners L.P. Announces Financial Results for the Three Months and the Year Ended December 31, 2014 and the Filing of Its Annual Report on Form 10-K

DENVER–(BUSINESS WIRE)–

TransMontaigne Partners L.P. (TLP) today announced its financial results …

March 12, 2015 - 6:51 pm MLPs
Targa Resources Prices Public Offering

Targa Resources Prices Public Offering

Targa Resources Corp. Prices Public Offering of Common Stock

HOUSTON, March 12, 2015 (GLOBE NEWSWIRE) — Targa Resources Corp. (the “Company”) (TRGP) announced today that it has priced an underwritten public offering of 3,250,000 shares of its common …

March 12, 2015 - 6:45 pm MLPs
Source: aim.org

IRS Lifts Pause On Private Letter Rulings for MLPs

The IRS lifted the pause on issuing private letter rulings allowing companies to form MLPs with their assets

The Internal Revenue Service lifted its ‘pause’ on private letter rulings (PLRs) regarding what businesses qualify for tax-free inclusion in energy master …

March 11, 2015 - 6:52 pm MLPs, Oil and Gas 360 Articles
Southcross Energy Partners Growth for Distributions, Drop Downs on Schedule

Southcross Energy Partners Growth for Distributions, Drop Downs on Schedule

Southcross Energy announces Q4 and full-year 2014 results

On March 6, Southcross Energy Partners (ticker: SXE) announced fourth quarter and full-year 2014 financial and operational results. SXE’s adjusted EBITDA was $20.6 million for the three months ended December 31, 2014, …

March 10, 2015 - 12:51 pm MLPs, Oil and Gas 360 Articles
What Will Happen to the U.S. Midstream Industry?

What Will Happen to the U.S. Midstream Industry?

U.S. will be “NGL Storage Center for the World”

New technology in the drilling and completions segment may receive the lion’s share of the credit for the shale boom, but the evolution of the midstream industry has enabled the United …

March 6, 2015 - 6:55 pm Midstream, MLPs, Oil and Gas 360 Articles
Mid-Con Energy Partners Shows Continued Growth

Mid-Con Energy Partners Shows Continued Growth

Reports Quarter-Over-Quarter Production Growth of nearly 30% in Q4’14

Mid-Con Energy Partners (ticker: MCEP), a U.S. E&P master limited partnership (MLP), announced its fourth quarter and full-year 2014 results this week. According to the release, production for fourth quarter 2014 …

March 4, 2015 - 6:17 pm MLPs, Oil and Gas 360 Articles
Western Gas Partners Acquires Anadarko’s Interest in Delaware Basin JV

Western Gas Partners Acquires Anadarko’s Interest in Delaware Basin JV

Western Gas Partners Expands Delaware Basin Position

Houston based Western Gas Partners (ticker: WES) yesterday announced the acquisition of Anadarko’s (ticker: APC) 50% interest in the Delaware wg-4Basin JV (DBJV) gathering system. Williams Companies (ticker: WMB) owns the other 50% …

March 4, 2015 - 3:25 pm MLPs, Oil and Gas 360 Articles
Oil & Gas 360 Energy News

Independent Refiners: Calumet Specialty Products Partners Reports Q4

Calumet Specialty Products Partners (ticker: CLMT) last week released its fourth quarter 2014 results. The independent refiner reported a net loss for the quarter ended December 31, 2014 of $63.5 million, or $(0.95) per diluted unit, compared to a …

March 3, 2015 - 6:28 pm MLPs, Oil and Gas 360 Articles
MarkWest Increases Distribution

MarkWest Increases Distribution

MarkWest plans on increasing distribution thru 2020

During the company’s conference call today, Frank Semple, Chairman, President and Chief Executive Officer of MarkWest Energy Partners (ticker: MWE) announced that MWE expects to increase its distribution to approximately $3.70 for this …

February 25, 2015 - 6:44 pm Earnings, MLPs, Oil and Gas 360 Articles
Panola Pipeline to Provide Additional 50 MBOPD of NGL Capacity to Mont Belvieu

Panola Pipeline to Provide Additional 50 MBOPD of NGL Capacity to Mont Belvieu

Enterprise, MarkWest, DCP, Anadarko Join Forces on Texas Pipe

A joint venture to expand the Panola Pipeline was finalized on February 24, 2015, according to a press release by operator Enterprise Products Partners (ticker: EPD). Per the terms, EPD will …

February 24, 2015 - 6:47 pm Midstream, MLPs, Oil and Gas 360 Articles
Columbia Pipeline Partners Kicks off Oil & Gas IPOs in 2015

Columbia Pipeline Partners Kicks off Oil & Gas IPOs in 2015

Columbia Pipeline Partners (ticker: CPPL) began trading on the New York Stock Exchange today following its spin-off from NiSource Partners (ticker: NI). Under terms of the spin-off, CPPL is transferred NI’s pipeline and storage assets, while NI retains ownership of …

February 6, 2015 - 7:20 pm MLPs, Oil and Gas 360 Articles
LINN Energy Taking New Measures to Adapt to Commodity Swing

LINN Energy Taking New Measures to Adapt to Commodity Swing

MLP Pioneer Cuts Dividend and Capex by more than 50%

LINN Energy LLC (ticker: LINE), a top-15 independent oil and natural gas development company, has announced reductions of more than 50% in both capital expenditures and dividends in 2015. LINN …

Upstream MLPs Getting the Worst of Commodity Downturn

Upstream MLPs Getting the Worst of Commodity Downturn

Oil & Gas 360 Exploration & ProductionDown more than 50% Year to Date

Oil and gas companies are tightening the purse strings for 2015, as several news releases on guidance are showing capex declines of 20% or more. Commodity hedges may protect most companies from further …

Capital One Securities Initiates MLP Coverage, Discusses Trends in Exclusive Interview with OAG360

Capital One Securities Initiates MLP Coverage, Discusses Trends in Exclusive Interview with OAG360

Capital One Securities is extending its research coverage to the MLP/Energy – Midstream sector, the firm announced in a December 4, 2014 note. Coverage was initiated on ten companies in the MLP / Energy-Midstream sphere, with six receiving an “Outperform” …

December 5, 2014 - 7:05 pm Analytics, Commodity Pricing, MLPs, Oil and Gas 360 Articles
EnLink’s $235 Million Midstream Acquisitions Increase Capabilities in the Gulf

EnLink’s $235 Million Midstream Acquisitions Increase Capabilities in the Gulf

Henry Hub Transfers Ownership

The EnLink Midstream companies, EnLink Midstream Partners, LP (ticker:ENLK) and EnLink Midstream, LLC (ticker:ENLC) completed a $235 million deal agreement with Chevron Pipe Line Company and Chevron Midstream Pipelines LLC (ticker:CVX) for three different natural gas …

November 3, 2014 - 6:40 pm Midstream, Oil and Gas 360 Articles, Oilfield Services
ONEOK Partners Announces Completion of More Than $500 Million in Capital-Growth Projects

ONEOK Partners Announces Completion of More Than $500 Million in Capital-Growth Projects

PR Newswire

Completed Projects Include Garden Creek III Natural Gas Processing Facility, Expansion of the Bakken NGL Pipeline and Niobrara NGL Lateral Pipeline

TULSA, Okla., Oct. 30, 2014 /PRNewswire/ — ONEOK Partners, L.P. (NYSE: OKS)

October 30, 2014 - 7:33 pm Energy News, Midstream, MLPs
Supermajor Makes Splash with MLP IPO

Supermajor Makes Splash with MLP IPO

In August, James Baker of Simmons & Company said Royal Dutch Shell’s (ticker: RDS.B) public offering of its midstream segment would be a “sea change event.” It did not disappoint. Bloomberg reports it was the best trading debut by an …

October 29, 2014 - 6:28 pm Analytics, MLPs, Oil and Gas 360 Articles
NiSource Joins the Crowd with New MLP Spin Off

NiSource Joins the Crowd with New MLP Spin Off

NiSource Inc. (ticker: NI) said yesterday it will file a registration statement for an IPO of common units for a new MLP whose assets will consist of a 14.6% interest in CPG OpCo LP, which will own the natural gas …

September 29, 2014 - 5:08 pm Midstream, MLPs, Oil and Gas 360 Articles
Alibaba’s $22B Grabs Single IPO Record, but Oil & Gas & MLP IPOs are on the Rise

Alibaba’s $22B Grabs Single IPO Record, but Oil & Gas & MLP IPOs are on the Rise

In case you missed it, Alibaba Group (ticker: BABA), the China-based e-commerce group, commenced the world’s largest initial public offering (IPO) today. Its release was delayed hours due to demand imbalances before finally reaching the market. The end result: $22 …

September 19, 2014 - 6:01 pm Oil and Gas 360 Articles
MLPs are All the Rage in Growing Oil & Gas Industry

MLPs are All the Rage in Growing Oil & Gas Industry

Rice Energy (ticker: RICE) announced the intent to form a master limited partnership (MLP) prior to its Q2’14 earnings release on August 11, 2014. The announcement comes less than seven months after Rice closed its initial public offering in January …