Energy Transfer Equity LP (ETE) 13.83 $ETE
Energy Transfer Equity Announces Chancery Court Decision in Litigation with the Williams Companies
BusinessWire - 1 hr 7 mins ago
Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE" or the "Partnership"
today announced that the Delaware Court of Chancery has issued an opinion finding that ETE is contractually entitled to terminate its merger agreement with The Williams Companies, Inc. ("Williams" in the event ETE's counsel Latham & Watkins LLP ("Latham" is unable to deliver a required tax opinion prior to the June 28, 2016 outside date in the merger agreement.
ETP: 38.97 (-2.27), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Judge says Energy Transfer Equity can quit Williams deal
By RANDALL CHASE - AP - 1 hr 59 mins ago
DOVER, Del. (AP) — Texas pipeline company Energy Transfer Equity L.P. can back out of its proposed $33 billion acquisition of Williams Cos., a Delaware judge said Friday.
ETE: 13.83 (-0.52)
Williams Committed to Closing; Will Take Appropriate Actions to Enforce Its Rights under the Merger Agreement
BusinessWire - Fri Jun 24, 4:49PM CDT
The Williams Companies, Inc. (NYSE:WMB) ("Williams" today issued the following statement regarding the Delaware Court of Chancery's ruling relating to the Merger Agreement between Williams and Energy Transfer Equity, L.P. (NYSE:ETE) ("ETE":
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Sunoco LP Enters into Definitive Agreement to Purchase Wholesale Fuel Distribution and Terminalling Business
PR Newswire - Thu Jun 23, 5:26PM CDT
Sunoco LP (NYSE: SUN) ("Sunoco" announced today the execution of a definitive agreement to purchase the fuels business (the "Fuels Business" from Emerge Energy Services LP (NYSE: EMES) ("Emerge" for $178.5 million, subject to working capital adjustments. The Fuels Business comprises Dallas-based Direct Fuels LLC and Birmingham-based Allied Energy Company LLC, both wholly owned subsidiaries of Emerge, and engages in the processing of transmix and the distribution of refined fuels.
EMES: 13.06 (+1.55), ETE: 13.83 (-0.52), SUN: 30.06 (-0.76)
Surging Earnings Estimates Signal Good News for Energy Transfer Equity (ETE)
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:30AM CDT
Energy Transfer Equity (ETE) could be good choice for investors as it is seeing decent short-term momentum and positive earnings estimate revisions.
ETE: 13.83 (-0.52)
Sunoco LP Completes Acquisition of Texas-based Convenience Store and Wholesale Fuel Distribution Business
PR Newswire - Wed Jun 22, 3:06PM CDT
Sunoco LP (NYSE: SUN) ("Sunoco" announced today that one of its wholly owned subsidiaries completed the acquisition of the "Rattlers" retail convenience store assets and wholesale fuel business from Kolkhorst Petroleum, Inc. This acquisition includes 14 company-operated locations and wholesale fuel supply contracts for a network of independent dealer-owned and dealer-operated locations in the greater Austin, Houston and Waco, Texas markets. The business distributes approximately 46 million gallons of retail and wholesale fuel annually. As part of the transaction, Sunoco's subsidiary acquired five fee properties and nine leased properties related to the retail business. This acquisition strengthens Sunoco's existing convenience store and wholesale fuel distribution business in the Central and Southeast Texas markets. This transaction was funded using amounts available under Sunoco's revolving credit facility and is expected to be immediately accretive to Sunoco with respect to distributable cash flow.
ETE: 13.83 (-0.52), SUN: 30.06 (-0.76)
Oil & Gas Stock Roundup: Marathon Oil to Buy PayRock Energy, Pioneer Expands Midland Footprint
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 21, 2:24PM CDT
Marathon Oil (MRO) is set to buy PayRock Energy for $888 million, while Pioneer Natural Resources (PXD) will acquire properties worth $435 million in the Midland Basin acreage.
DVN: 35.85 (-2.95), VLO: 52.56 (-1.15), PXD: 152.92 (-7.67), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68)
Three out of Four Leading Proxy Advisory Firms - ISS, Egan-Jones and Pensions & Investment Research Consultants - Recommend Williams Stockholders Vote "FOR" the Merger Agreement with ETE
BusinessWire - Mon Jun 20, 8:04AM CDT
--Williams Urges Stockholders to Vote "FOR" the Williams and ETE Transaction
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Williams to Shell Out Special Dividend Upon Merger with ETE
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:36AM CDT
The board of directors of energy infrastructure provider Williams Companies Inc. (WMB) has offered a special dividend of 10 cents per share.
ENB: 41.54 (-1.50), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), NSH: 24.41 (-1.08)
How Energy Transfer Equity (ETE) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:47AM CDT
Energy Transfer Equity (ETE) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
ETE: 13.83 (-0.52)
Why ISS Recommends Williams to Vote for $20B Deal with ETE?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:43AM CDT
Shareholders of Williams Companies Inc. (WMB) have got a recommendation from Institutional Shareholder Services Inc. ("ISS" to vote in favor of the merger accord with Energy Transfer Equity LP (ETE).
BWP: 17.59 (-0.32), ENB: 41.54 (-1.50), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52)
Leading Proxy Advisory Firm ISS Recommends Williams Stockholders Vote "FOR" the Merger Agreement with ETE
BusinessWire - Wed Jun 15, 8:30AM CDT
--Stockholders to Benefit from Enhanced Long-Term Value Prospects through Ongoing Participation in Larger, More Diverse Company
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
RDS.A: 51.62 (-3.55), ETE: 13.83 (-0.52), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), SWN: 12.62 (-0.95)
Oil & Gas Stock Roundup: Shell Unveils New Strategy, BP to Spin Off Norway Business
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 14, 1:32PM CDT
Royal Dutch Shell (RDS.A) unveiled a strategy to reshape the company through steeper cost cuts, while BP (BP) has agreed to spin off Its local business in Norway.
RDS.A: 51.62 (-3.55), RIG: 11.27 (-0.76), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), SWN: 12.62 (-0.95), STO: 16.16 (-1.24)
Shares of ETE Up 92.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Jun 14, 12:39PM CDT
SmarTrend identified an Uptrend for Energy Transfer Equity (NYSE:ETE) on February 17th, 2016 at $6.47. In approximately 4 months, Energy Transfer Equity has returned 92.43% as of today's recent price of $12.45.
ETE: 13.83 (-0.52)
Williams-Energy Transfer Receives Merger Approval with Conditions
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:56AM CDT
Williams Companies, Inc. (WMB) and Energy Transfer Equity LP (ETE) merger was recently approved by the U.S. Federal Trade Commission, subject to certain conditions.
BAK: 11.39 (-0.63), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), PTR: 65.75 (-5.79)
ETE and Williams Receive FTC Clearance for Proposed Acquisition
BusinessWire - Thu Jun 09, 1:00PM CDT
The Williams Companies, Inc. (NYSE: WMB) ("WMB" or "Williams" today announced that the U.S. Federal Trade Commission ("FTC" has cleared Energy Transfer Equity, L.P.'s (NYSE: ETE) ("ETE" proposed acquisition of WMB.
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Williams (WMB) May Cut Dividend In Case ETE Merger Flops
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:54AM CDT
Williams Companies Inc. (WMB) has given a warning to its shareholders that it might opt for reducing third-quarter dividend if its merger with Energy Transfer Equity L.P. (ETE) falls through.
NOV: 34.06 (-2.44), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68), SDRL: 3.38 (-0.03)
Williams Announces Quarterly Cash Dividend
BusinessWire - Wed Jun 08, 7:00AM CDT
The Williams Companies, Inc. (NYSE: WMB) ("Williams" today announced that its Board of Directors has approved a regular dividend of $0.64 on Williams' common stock, payable June 27, 2016 to holders of record at the close of business June 20, 2016. The second quarter 2016 dividend is unchanged from the first quarter.
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Energy Transfer Equity Announces Chancery Court Decision in Litigation with the Williams Companies
BusinessWire - 1 hr 7 mins ago
Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE" or the "Partnership"
today announced that the Delaware Court of Chancery has issued an opinion finding that ETE is contractually entitled to terminate its merger agreement with The Williams Companies, Inc. ("Williams" in the event ETE's counsel Latham & Watkins LLP ("Latham" is unable to deliver a required tax opinion prior to the June 28, 2016 outside date in the merger agreement. ETP: 38.97 (-2.27), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Judge says Energy Transfer Equity can quit Williams deal
By RANDALL CHASE - AP - 1 hr 59 mins ago
DOVER, Del. (AP) — Texas pipeline company Energy Transfer Equity L.P. can back out of its proposed $33 billion acquisition of Williams Cos., a Delaware judge said Friday.
ETE: 13.83 (-0.52)
Williams Committed to Closing; Will Take Appropriate Actions to Enforce Its Rights under the Merger Agreement
BusinessWire - Fri Jun 24, 4:49PM CDT
The Williams Companies, Inc. (NYSE:WMB) ("Williams"
today issued the following statement regarding the Delaware Court of Chancery's ruling relating to the Merger Agreement between Williams and Energy Transfer Equity, L.P. (NYSE:ETE) ("ETE": ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Sunoco LP Enters into Definitive Agreement to Purchase Wholesale Fuel Distribution and Terminalling Business
PR Newswire - Thu Jun 23, 5:26PM CDT
Sunoco LP (NYSE: SUN) ("Sunoco"
announced today the execution of a definitive agreement to purchase the fuels business (the "Fuels Business" from Emerge Energy Services LP (NYSE: EMES) ("Emerge" for $178.5 million, subject to working capital adjustments. The Fuels Business comprises Dallas-based Direct Fuels LLC and Birmingham-based Allied Energy Company LLC, both wholly owned subsidiaries of Emerge, and engages in the processing of transmix and the distribution of refined fuels. EMES: 13.06 (+1.55), ETE: 13.83 (-0.52), SUN: 30.06 (-0.76)
Surging Earnings Estimates Signal Good News for Energy Transfer Equity (ETE)
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:30AM CDT
Energy Transfer Equity (ETE) could be good choice for investors as it is seeing decent short-term momentum and positive earnings estimate revisions.
ETE: 13.83 (-0.52)
Sunoco LP Completes Acquisition of Texas-based Convenience Store and Wholesale Fuel Distribution Business
PR Newswire - Wed Jun 22, 3:06PM CDT
Sunoco LP (NYSE: SUN) ("Sunoco"
announced today that one of its wholly owned subsidiaries completed the acquisition of the "Rattlers" retail convenience store assets and wholesale fuel business from Kolkhorst Petroleum, Inc. This acquisition includes 14 company-operated locations and wholesale fuel supply contracts for a network of independent dealer-owned and dealer-operated locations in the greater Austin, Houston and Waco, Texas markets. The business distributes approximately 46 million gallons of retail and wholesale fuel annually. As part of the transaction, Sunoco's subsidiary acquired five fee properties and nine leased properties related to the retail business. This acquisition strengthens Sunoco's existing convenience store and wholesale fuel distribution business in the Central and Southeast Texas markets. This transaction was funded using amounts available under Sunoco's revolving credit facility and is expected to be immediately accretive to Sunoco with respect to distributable cash flow. ETE: 13.83 (-0.52), SUN: 30.06 (-0.76)
Oil & Gas Stock Roundup: Marathon Oil to Buy PayRock Energy, Pioneer Expands Midland Footprint
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 21, 2:24PM CDT
Marathon Oil (MRO) is set to buy PayRock Energy for $888 million, while Pioneer Natural Resources (PXD) will acquire properties worth $435 million in the Midland Basin acreage.
DVN: 35.85 (-2.95), VLO: 52.56 (-1.15), PXD: 152.92 (-7.67), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68)
Three out of Four Leading Proxy Advisory Firms - ISS, Egan-Jones and Pensions & Investment Research Consultants - Recommend Williams Stockholders Vote "FOR" the Merger Agreement with ETE
BusinessWire - Mon Jun 20, 8:04AM CDT
--Williams Urges Stockholders to Vote "FOR" the Williams and ETE Transaction
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Williams to Shell Out Special Dividend Upon Merger with ETE
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:36AM CDT
The board of directors of energy infrastructure provider Williams Companies Inc. (WMB) has offered a special dividend of 10 cents per share.
ENB: 41.54 (-1.50), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), NSH: 24.41 (-1.08)
How Energy Transfer Equity (ETE) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:47AM CDT
Energy Transfer Equity (ETE) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
ETE: 13.83 (-0.52)
Why ISS Recommends Williams to Vote for $20B Deal with ETE?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:43AM CDT
Shareholders of Williams Companies Inc. (WMB) have got a recommendation from Institutional Shareholder Services Inc. ("ISS"
to vote in favor of the merger accord with Energy Transfer Equity LP (ETE). BWP: 17.59 (-0.32), ENB: 41.54 (-1.50), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52)
Leading Proxy Advisory Firm ISS Recommends Williams Stockholders Vote "FOR" the Merger Agreement with ETE
BusinessWire - Wed Jun 15, 8:30AM CDT
--Stockholders to Benefit from Enhanced Long-Term Value Prospects through Ongoing Participation in Larger, More Diverse Company
ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
RDS.A: 51.62 (-3.55), ETE: 13.83 (-0.52), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), SWN: 12.62 (-0.95)
Oil & Gas Stock Roundup: Shell Unveils New Strategy, BP to Spin Off Norway Business
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 14, 1:32PM CDT
Royal Dutch Shell (RDS.A) unveiled a strategy to reshape the company through steeper cost cuts, while BP (BP) has agreed to spin off Its local business in Norway.
RDS.A: 51.62 (-3.55), RIG: 11.27 (-0.76), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), SWN: 12.62 (-0.95), STO: 16.16 (-1.24)
Shares of ETE Up 92.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Jun 14, 12:39PM CDT
SmarTrend identified an Uptrend for Energy Transfer Equity (NYSE:ETE) on February 17th, 2016 at $6.47. In approximately 4 months, Energy Transfer Equity has returned 92.43% as of today's recent price of $12.45.
ETE: 13.83 (-0.52)
Williams-Energy Transfer Receives Merger Approval with Conditions
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:56AM CDT
Williams Companies, Inc. (WMB) and Energy Transfer Equity LP (ETE) merger was recently approved by the U.S. Federal Trade Commission, subject to certain conditions.
BAK: 11.39 (-0.63), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), PTR: 65.75 (-5.79)
ETE and Williams Receive FTC Clearance for Proposed Acquisition
BusinessWire - Thu Jun 09, 1:00PM CDT
The Williams Companies, Inc. (NYSE: WMB) ("WMB" or "Williams"
today announced that the U.S. Federal Trade Commission ("FTC" has cleared Energy Transfer Equity, L.P.'s (NYSE: ETE) ("ETE" proposed acquisition of WMB. ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
Williams (WMB) May Cut Dividend In Case ETE Merger Flops
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:54AM CDT
Williams Companies Inc. (WMB) has given a warning to its shareholders that it might opt for reducing third-quarter dividend if its merger with Energy Transfer Equity L.P. (ETE) falls through.
NOV: 34.06 (-2.44), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68), SDRL: 3.38 (-0.03)
Williams Announces Quarterly Cash Dividend
BusinessWire - Wed Jun 08, 7:00AM CDT
The Williams Companies, Inc. (NYSE: WMB) ("Williams"
today announced that its Board of Directors has approved a regular dividend of $0.64 on Williams' common stock, payable June 27, 2016 to holders of record at the close of business June 20, 2016. The second quarter 2016 dividend is unchanged from the first quarter. ETP: 38.97 (-2.27), WMB: 21.31 (-0.47), ETE: 13.83 (-0.52), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), SXL: 27.49 (-1.14)
