Latest Inergy Midstream L.P. (NRGM) Headlines C
Post# of 1
Crestwood Midstream Partners Expands Bakken Shale Footprint with $750 Million Acquisition of Arrow Midstream
PR Newswire - Thu Oct 10, 5:00AM CDT
Crestwood Midstream Partners LP (NYSE: CMLP) ("Crestwood" or the "Partnership") today announced that its wholly-owned subsidiary, Crestwood Arrow Acquisition LLC ("Crestwood Arrow"), has entered into an agreement to acquire Arrow Midstream Holdings, LLC ("Arrow"), a privately-held midstream company, for approximately $750 million, subject to customary purchase price adjustments. The acquisition marks a continuation of Crestwood's liquids-focused strategy by significantly expanding Crestwood's operational footprint in the Bakken Shale and highlights the immediate benefits of the merger of Crestwood and Inergy Midstream, which was completed on Monday, October 7, 2013. The transaction is expected to be immediately accretive to Crestwood's estimated distributable cash flow per limited partner unit in 2014, with growing accretion thereafter based upon projected production increases from the Arrow assets. The transaction is expected to close in the fourth quarter of 2013.
NYSE stocks posting largest volume increases
AP - Mon Oct 07, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Crestwood And Inergy Complete Merger, Creating Mid-Cap MLP Platform With Combined Enterprise Value Of Approximately $8 Billion
PR Newswire - Mon Oct 07, 4:06PM CDT
Crestwood Midstream Partners LP (NYSE: CMLP) ("Crestwood Midstream") and Crestwood Holdings LLC ("Crestwood Holdings" and, together with Crestwood Midstream, "Crestwood") and Inergy, L.P. (NYSE: NRGY) ("Inergy L.P.") and Inergy Midstream, L.P. (NYSE: NRGM) ("Inergy Midstream" and, together with Inergy L.P., "Inergy") today announced that the merger of Crestwood and Inergy has been completed. The combination is a fully integrated midstream partnership platform with a total enterprise value of approximately $8 billion.
Inergy Midstream Prices Units - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 11, 11:30AM CDT
Inergy Midstream L.P. prices the public offering of around 11 million units representing limited partner interests.
Inergy Midstream LP prices public offering of 11m common units
M2 - Wed Sep 11, 6:21AM CDT
Energy assets company Inergy Midstream LP (NYSE:NRGM) said on Tuesday that it has priced an underwritten public offering of 11,000,000 common units at USD22.50 per common unit.
NYSE stocks posting largest percentage decreases
AP - Tue Sep 10, 5:02PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
Inergy Midstream commences public offering of 11,000,000 common units
M2 - Tue Sep 10, 8:54AM CDT
Inergy Midstream LP (NYSE:NRGM), a Delaware master limited partnership, stated on Monday that subject to market conditions, it began an underwritten public offering of 11,000,000 common units representing limited partner interests.
Inergy Midstream, L.P. Prices Public Offering of Common Units
Business Wire - Tue Sep 10, 8:05AM CDT
Inergy Midstream, L.P. (NYSE:NRGM), a Delaware limited partnership ("Inergy Midstream"), announced today that it has priced an underwritten public offering of 11,000,000 common units representing limited partner interests at $22.50 per common unit. Inergy Midstream has also granted the underwriters a 30-day option to purchase up to 1,650,000 additional common units. The offering is expected to close on September 13, 2013, subject to customary closing conditions.
Inergy Midstream, L.P. Announces Public Offering of Common Units
Business Wire - Mon Sep 09, 3:17PM CDT
Inergy Midstream, L.P. (NYSE:NRGM), a Delaware limited partnership ("Inergy Midstream"), announced today the commencement, subject to market conditions, of an underwritten public offering of 11,000,000 common units representing limited partner interests. Inergy Midstream also intends to grant the underwriters a 30-day option to purchase up to 1,650,000 additional common units.
Inergy Midstream, Enserco Form JV - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 06, 1:50PM CDT
Inergy Midstream LP, a publicly traded energy pipeline partnership, has entered into a joint venture with Enserco Midstream LLC.
Oil-by-Rail Terminals Are Popping Up All Over
Aimee Duffy, The Motley Fool - Motley Fool - Fri Sep 06, 7:57AM CDT
Using railroads to gain access to oil markets underserved by pipeline infrastructure was supposed to be a temporary fix. So far, that is not the case as oil-by-rail terminals continue to spring up all over North America markets. In this video,...
Inergy Midstream and Enserco Midstream Announce Crude Oil Rail Terminal Joint Venture
Business Wire - Wed Sep 04, 6:45AM CDT
Inergy Midstream, L.P. (NYSE:NRGM) ("Inergy Midstream") and Enserco Midstream, LLC ("Enserco Midstream") announced today that they have formed a joint venture to own and operate a crude oil rail terminal located in Douglas County, Wyoming ("Douglas Facility"). Inergy Midstream's subsidiary, Inergy Crude Logistics, LLC, and Enserco Midstream's subsidiary, Enserco Powder River Basin, LLC, each own an approximate 50% interest in Powder River Basin Industrial Complex, LLC ("PRBIC"), the owner of the Douglas Facility. The Douglas Facility was placed into manifest service in August 2013, and unit train service is expected to begin during the first quarter of 2014.
Inergy, L.P. Announces Financial and Operating Results for the Quarter Ended June 30, 2013
Business Wire - Tue Aug 06, 6:32AM CDT
Inergy, L.P. (NYSE:NRGY) ("NRGY") today reported results of operations for the quarter and six-months ended June 30, 2013. As previously announced, on May 6, 2013, Crestwood Holdings LLC ("Crestwood Holdings") and Crestwood Midstream Partners, LP (NYSE:CMLP) ("CMLP") (collectively, "Crestwood") and NRGY and Inergy Midstream, L.P. (NYSE:NRGM) ("NRGM") (collectively, "Inergy") entered into definitive agreements to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion. On June 19, 2013, Crestwood and Inergy closed the first step of the combination with Crestwood Holdings acquiring NRGY's general partner, and thus control of the combined partnership. Consequently, operating results for the quarter and six-months ended June 30, 2013, include the consolidated results of Crestwood Gas Services GP LLC ("Crestwood GP") and CMLP for the full periods, as well as the contribution from legacy NRGY and NRGM for the 12 days subsequent to the acquisition on June 19, 2013.
Inergy Midstream Reports Third Quarter Results
Business Wire - Tue Aug 06, 6:30AM CDT
Inergy Midstream, L.P. (NYSE:NRGM) ("Inergy Midstream") today reported results of operations for the quarter ended June 30, 2013, the third quarter of fiscal 2013.
Will These Numbers from Inergy Midstream Be Good Enough for You?
Seth Jayson, The Motley Fool - Motley Fool - Fri Aug 02, 12:18AM CDT
Inergy Midstream ( NYSE: NRGM ) is expected to report Q3 earnings on Aug. 6. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict...
This Move Could Send Inergy Earnings Soaring
Dan Caplinger, The Motley Fool - Motley Fool - Thu Aug 01, 6:30PM CDT
Inergy will release its quarterly report next Tuesday, and with the company having divested itself of its propane-retail business to focus on natural gas pipelines and storage facilities, investors wondered what direction Inergy saw itself moving...
Inergy, L.P. and Inergy Midstream, L.P. Appoint New Member to Boards of Directors
Business Wire - Thu Aug 01, 1:20PM CDT
Inergy, L.P. (NYSE:NRGY) and Inergy Midstream, L.P. (NYSE:NRGM) announced today that David M. Wood has been appointed to the Board of Directors of Inergy GP, LLC, the general partner of Inergy, L.P., and NRGM GP, LLC, the general partner of Inergy Midstream, L.P., effective as of August 1, 2013.
Inergy, L.P. Declares Quarterly Cash Distribution
Business Wire - Thu Jul 25, 6:46AM CDT
The Board of Directors of Inergy GP, LLC, general partner of Inergy, L.P. (NYSE:NRGY) ("Inergy"), announced that it has declared the partnership's quarterly cash distribution of $0.13 per limited partner unit ($0.52 annually) for the quarter ended June 30, 2013. The distribution will be paid on August 14, 2013, to unitholders of record as of August 7, 2013.