Latest Access Midstream Partners L.P. (ACMP) Headlines
Wetter Is Better: Wyoming Gas Production Contains More NGLs, an Industrial Info News Alert
Marketwire - Thu Mar 13, 5:00AM CDT
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- High prices for crude oil, and relatively high prices for natural gas liquids (NGLs), have triggered a rise in oil & gas project activity in Wyoming. It may not be a Texas-sized boom, at least not yet, but the Cowboy State welcomes it all the same.
Access Midstream Sets Offering Price Tag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 12:40PM CDT
Oklahoma City-based Access Midstream Partners L.P. has priced an underwritten secondary public offering of 8,000,000 common units ??? being sold by a major owner ??? at $54.85 a piece.
Will Midstream Asset Sales Hurt Chesapeake Energy?
Arjun Sreekumar, The Motley Fool - Motley Fool - Wed Mar 12, 12:00PM CDT
In an effort to raise cash and reduce its leverage, Chesapeake Energy has unloaded more than $11 billion worth of noncore assets over the past two years. Most recently, the company announced plans to sell some of its midstream assets. Let's take a...
How Access Midstream Partners (ACMP) Stock Stands Out in a Strong Industry - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 7:50AM CDT
Access Midstream Partners might be an intriguing choice for investors right now as it is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
NYSE stocks posting largest volume increases
AP - Tue Mar 11, 5:02PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Will This Target Price Increase Help Access Midstream Partners (ACMP) Today? (Update)
at The Street - Tue Mar 11, 8:20AM CDT
Jefferies increased its target price on Access Midstream Partners (ACMP) to $64, increased its estimates and set a "buy" rating. The firm noted shadow backlog and acquisitions could drive incremental cash flow.
Access Midstream Partners, L.P. Announces Pricing of Secondary Public Offering of Common Units by Global Infrastructure Partners II
Business Wire - Tue Mar 11, 7:52AM CDT
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of an underwritten public offering of 8,000,000 common units representing limited partner interests owned by Global Infrastructure Partners II (GIP II). GIP II offered the units to the public at $54.85 and has granted the underwriter a 30-day option to purchase up to 1,200,000 additional common units.
Access Midstream Partners, L.P. Announces Secondary Public Offering of Common Units by Global Infrastructure Partners II
Business Wire - Mon Mar 10, 3:12PM CDT
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the commencement of an underwritten public offering of 8,000,000 common units representing limited partner interests owned by Global Infrastructure Partners II (GIP II). GIP II has granted the underwriter a 30-day option to purchase up to 1,200,000 additional common units.
Use Options For A Chance To Buy ACMP At A 15% Discount
at The Street - Mon Mar 10, 10:49AM CDT
Looking back to 96 days ago, Access Midstream Partners LP priced a 6,000,000 share secondary stock offering at $51.45 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over...
Why Is Chesapeake Interested in This Unloved Gas Play?
Arjun Sreekumar, The Motley Fool - Motley Fool - Fri Mar 07, 8:45AM CST
Due to a prolonged period of depressed natural gas prices, Chesapeake Energy , the nation's second largest natural gas producer, has aggressively shifted its focus away from dry gas drilling and toward liquids-rich opportunities. But during the...
Pipeline Operators Underwrite E&P Push Among Majors
at Investor's Business Daily - Wed Mar 05, 5:04PM CST
A shift in strategy by several of the large integrated oil plays, reported by Bloomberg in February, could point to another growth spurt among independent pipeline operators in the coming year. Many of those companies are master limited partnerships,...
Access Midstream Prices $0.75B Senior Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 3:30PM CST
Access Midstream Partners, L.P. has priced $0.75 billion of 4.875% senior notes.
Access Midstream Partners, L.P. Announces Pricing of $750 Million Offering of Senior Notes Due 2024
Business Wire - Tue Mar 04, 4:33PM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of a public offering of $750 million of senior notes due 2024 (the "Notes"). The offering was increased from a previously announced offering size of $600 million. The Notes bear interest at a rate of 4.875% per annum. The offering is expected to close on March 7, 2014, subject to satisfaction of customary closing conditions. The Partnership intends to use the net proceeds from the offering to repay borrowings under the Partnership's revolving credit facility and for general partnership purposes, including funding working capital, the Partnership's capital expenditure program and acquisitions.
Access Midstream Partners, L.P. Announces $600 Million Offering of Senior Notes Due 2024
Business Wire - Tue Mar 04, 7:25AM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the commencement of a public offering of $600 million of senior notes due 2024 (the "Notes"). The Partnership intends to use the net proceeds from the offering to repay borrowings under the Partnership's revolving credit facility and for general partnership purposes, including funding working capital, the Partnership's capital expenditure program and acquisitions.
Chesepeake in Twin Asset Sale Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 6:05PM CST
Chesapeake Energy Corp. intends to sell off an aggregate of 437 compression units and related assets in two separate deals worth about $520 million in an effort to taper its massive gap.
Chesapeake Energy Corporation Selling Natural Gas Compression Assets for $520 Million
Patrick Morris, The Motley Fool - Motley Fool - Fri Feb 28, 2:02PM CST
Today Chesapeake Energy announced it has come to agreement with two companies, Access Midstream Partners and Exterran Partners , to sell 437 of its midstream compression units for $520 million, and the sales are expected to close by the end...
Chesapeake Energy Corporation Announces Midstream Compression Asset Sales
Business Wire - Fri Feb 28, 8:01AM CST
Chesapeake Energy Corporation (NYSE:CHK) announced today the execution of two agreements to sell midstream compression assets for total proceeds of approximately $520 million. Access Midstream Partners, L.P. (NYSE:ACMP) and Exterran Partners, L.P. (NASDAQ:EXLP) have agreed to purchase an aggregate of 437 compression units and related assets from Chesapeake subsidiary MidCon Compression, L.L.C. in two separate transactions which, subject to certain closing conditions, are expected to close before the end of the 2014 second quarter.
Access Midstream Partners to Acquire Midstream Compression Assets for $160 Million
Business Wire - Fri Feb 28, 7:30AM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced it has agreed to acquire certain midstream compression assets from MidCon Compression, L.L.C ("MidCon"), a wholly owned subsidiary of Chesapeake Energy Corporation, for $160 million. The planned acquisition adds natural gas compression assets, historically leased from MidCon, in the rapidly growing Utica Shale and Marcellus Shale regions. This transaction provides the opportunity to insource a key cost element of the Partnership's business model at an approximate 8x forward EBITDA multiple and adds future organic growth to the portfolio. The assets include more than 100 compression units with a combined capacity of approximately 200,000 horsepower.
Exterran Partners to Acquire Assets from MidCon Compression
Business Wire - Fri Feb 28, 7:30AM CST
--Exterran Partners also announces new contract operations services contract with Access Midstream Partners
ONEOK Partners' Q4 Earnings in Line with Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 25, 9:10AM CST
In fourth-quarter 2013, ONEOK Partners L.P.'s earnings per unit were in line with the Zacks Consensus Estimate while revenues beat the same.
Wetter Is Better: Wyoming Gas Production Contains More NGLs, an Industrial Info News Alert
Marketwire - Thu Mar 13, 5:00AM CDT
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- High prices for crude oil, and relatively high prices for natural gas liquids (NGLs), have triggered a rise in oil & gas project activity in Wyoming. It may not be a Texas-sized boom, at least not yet, but the Cowboy State welcomes it all the same.
Access Midstream Sets Offering Price Tag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 12:40PM CDT
Oklahoma City-based Access Midstream Partners L.P. has priced an underwritten secondary public offering of 8,000,000 common units ??? being sold by a major owner ??? at $54.85 a piece.
Will Midstream Asset Sales Hurt Chesapeake Energy?
Arjun Sreekumar, The Motley Fool - Motley Fool - Wed Mar 12, 12:00PM CDT
In an effort to raise cash and reduce its leverage, Chesapeake Energy has unloaded more than $11 billion worth of noncore assets over the past two years. Most recently, the company announced plans to sell some of its midstream assets. Let's take a...
How Access Midstream Partners (ACMP) Stock Stands Out in a Strong Industry - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 7:50AM CDT
Access Midstream Partners might be an intriguing choice for investors right now as it is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
NYSE stocks posting largest volume increases
AP - Tue Mar 11, 5:02PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Will This Target Price Increase Help Access Midstream Partners (ACMP) Today? (Update)
at The Street - Tue Mar 11, 8:20AM CDT
Jefferies increased its target price on Access Midstream Partners (ACMP) to $64, increased its estimates and set a "buy" rating. The firm noted shadow backlog and acquisitions could drive incremental cash flow.
Access Midstream Partners, L.P. Announces Pricing of Secondary Public Offering of Common Units by Global Infrastructure Partners II
Business Wire - Tue Mar 11, 7:52AM CDT
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of an underwritten public offering of 8,000,000 common units representing limited partner interests owned by Global Infrastructure Partners II (GIP II). GIP II offered the units to the public at $54.85 and has granted the underwriter a 30-day option to purchase up to 1,200,000 additional common units.
Access Midstream Partners, L.P. Announces Secondary Public Offering of Common Units by Global Infrastructure Partners II
Business Wire - Mon Mar 10, 3:12PM CDT
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the commencement of an underwritten public offering of 8,000,000 common units representing limited partner interests owned by Global Infrastructure Partners II (GIP II). GIP II has granted the underwriter a 30-day option to purchase up to 1,200,000 additional common units.
Use Options For A Chance To Buy ACMP At A 15% Discount
at The Street - Mon Mar 10, 10:49AM CDT
Looking back to 96 days ago, Access Midstream Partners LP priced a 6,000,000 share secondary stock offering at $51.45 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over...
Why Is Chesapeake Interested in This Unloved Gas Play?
Arjun Sreekumar, The Motley Fool - Motley Fool - Fri Mar 07, 8:45AM CST
Due to a prolonged period of depressed natural gas prices, Chesapeake Energy , the nation's second largest natural gas producer, has aggressively shifted its focus away from dry gas drilling and toward liquids-rich opportunities. But during the...
Pipeline Operators Underwrite E&P Push Among Majors
at Investor's Business Daily - Wed Mar 05, 5:04PM CST
A shift in strategy by several of the large integrated oil plays, reported by Bloomberg in February, could point to another growth spurt among independent pipeline operators in the coming year. Many of those companies are master limited partnerships,...
Access Midstream Prices $0.75B Senior Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 3:30PM CST
Access Midstream Partners, L.P. has priced $0.75 billion of 4.875% senior notes.
Access Midstream Partners, L.P. Announces Pricing of $750 Million Offering of Senior Notes Due 2024
Business Wire - Tue Mar 04, 4:33PM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of a public offering of $750 million of senior notes due 2024 (the "Notes"). The offering was increased from a previously announced offering size of $600 million. The Notes bear interest at a rate of 4.875% per annum. The offering is expected to close on March 7, 2014, subject to satisfaction of customary closing conditions. The Partnership intends to use the net proceeds from the offering to repay borrowings under the Partnership's revolving credit facility and for general partnership purposes, including funding working capital, the Partnership's capital expenditure program and acquisitions.
Access Midstream Partners, L.P. Announces $600 Million Offering of Senior Notes Due 2024
Business Wire - Tue Mar 04, 7:25AM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced the commencement of a public offering of $600 million of senior notes due 2024 (the "Notes"). The Partnership intends to use the net proceeds from the offering to repay borrowings under the Partnership's revolving credit facility and for general partnership purposes, including funding working capital, the Partnership's capital expenditure program and acquisitions.
Chesepeake in Twin Asset Sale Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 6:05PM CST
Chesapeake Energy Corp. intends to sell off an aggregate of 437 compression units and related assets in two separate deals worth about $520 million in an effort to taper its massive gap.
Chesapeake Energy Corporation Selling Natural Gas Compression Assets for $520 Million
Patrick Morris, The Motley Fool - Motley Fool - Fri Feb 28, 2:02PM CST
Today Chesapeake Energy announced it has come to agreement with two companies, Access Midstream Partners and Exterran Partners , to sell 437 of its midstream compression units for $520 million, and the sales are expected to close by the end...
Chesapeake Energy Corporation Announces Midstream Compression Asset Sales
Business Wire - Fri Feb 28, 8:01AM CST
Chesapeake Energy Corporation (NYSE:CHK) announced today the execution of two agreements to sell midstream compression assets for total proceeds of approximately $520 million. Access Midstream Partners, L.P. (NYSE:ACMP) and Exterran Partners, L.P. (NASDAQ:EXLP) have agreed to purchase an aggregate of 437 compression units and related assets from Chesapeake subsidiary MidCon Compression, L.L.C. in two separate transactions which, subject to certain closing conditions, are expected to close before the end of the 2014 second quarter.
Access Midstream Partners to Acquire Midstream Compression Assets for $160 Million
Business Wire - Fri Feb 28, 7:30AM CST
Access Midstream Partners, L.P. (NYSE:ACMP) today announced it has agreed to acquire certain midstream compression assets from MidCon Compression, L.L.C ("MidCon"), a wholly owned subsidiary of Chesapeake Energy Corporation, for $160 million. The planned acquisition adds natural gas compression assets, historically leased from MidCon, in the rapidly growing Utica Shale and Marcellus Shale regions. This transaction provides the opportunity to insource a key cost element of the Partnership's business model at an approximate 8x forward EBITDA multiple and adds future organic growth to the portfolio. The assets include more than 100 compression units with a combined capacity of approximately 200,000 horsepower.
Exterran Partners to Acquire Assets from MidCon Compression
Business Wire - Fri Feb 28, 7:30AM CST
--Exterran Partners also announces new contract operations services contract with Access Midstream Partners
ONEOK Partners' Q4 Earnings in Line with Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 25, 9:10AM CST
In fourth-quarter 2013, ONEOK Partners L.P.'s earnings per unit were in line with the Zacks Consensus Estimate while revenues beat the same.
