Marathon Petroleum Corporation agrees to equity participation in Bakken Pipeline system
Globe Newswire - Tue Aug 02, 6:32PM CDT
FINDLAY, Ohio, Aug. 2, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today announced its agreement to participate in the formation of a joint venture to invest in the Dakota Access Pipeline (DAPL) and the Energy Transfer Crude Oil Pipeline (ETCOP) projects, collectively referred to as the Bakken Pipeline system.
ETP: 42.07 (+3.57), MPC: 40.65 (+1.86), EEP: 23.42 (+0.88), SXL: 29.68 (+1.89)
Energy Transfer and Sunoco Logistics Announce Sale of Minority Stake in Bakken Pipeline Project to Enbridge and Marathon Petroleum
BusinessWire - Tue Aug 02, 6:30PM CDT
--Energy Transfer Continues to Oversee Construction
PSX: 78.09 (+1.94), ETP: 42.07 (+3.57), MPC: 40.65 (+1.86), ETE: 17.01 (+1.12), SXL: 29.68 (+1.89)
Energy Transfer, Sunoco Logistics and Phillips 66 Announce Successful Completion of Project Financing for Bakken Pipeline Joint Ventures
BusinessWire - Tue Aug 02, 3:20PM CDT
Energy Transfer Partners, L.P. (NYSE: ETP), Sunoco Logistics Partners L.P. (NYSE: SXL) and Phillips 66 (NYSE: PSX) announce the successful completion of the project-level financing of the Dakota Access Pipeline (DAPL) and Energy Transfer Crude Oil Pipeline (ETCOP) projects (collectively the "Bakken Pipeline"
PSX: 78.09 (+1.94), ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
Energy Transfer Partners Announces Quarterly Cash Distribution
BusinessWire - Thu Jul 28, 6:30AM CDT
Energy Transfer Partners, L.P. (NYSE: ETP) today announced a quarterly distribution of $1.055 per ETP common unit ($4.22 annualized) for the quarter ended June 30, 2016.
ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
Energy Transfer Equity Announces Quarterly Cash Distribution
BusinessWire - Thu Jul 28, 6:30AM CDT
Energy Transfer Equity, L.P. (NYSE: ETE) today announced its quarterly cash distribution for the second quarter ended June 30, 2016 of $0.285 per ETE common unit ($1.14 on an annualized basis).
ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
After Yesterday's Decline of 1.71%, Sunoco Logistics Partners Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jul 15, 3:29PM CDT
Sunoco Logistics Partners (NYSE:SXL) traded in a range yesterday that spanned from a low of $27.51 to a high of $28.36. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $27.80 on volume of 422,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SXL: 29.68 (+1.89)
Sunoco Logistics Prices Senior Notes Worth $550 Million
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:00AM CDT
Sunoco Logistics Partners Operations L.P., an affiliate of energy pipelines and terminals operator Sunoco Logistics Partners L.P. (SXL), announced the pricing of senior unsecured notes worth $550 million for a public offering.
BWP: 16.35 (+0.09), RRMS: 24.22 (+1.71), EEP: 23.42 (+0.88), SXL: 29.68 (+1.89)
Fitch Rates Sunoco Logistics' Senior Unsecured Note Offering 'BBB'
BusinessWire - Thu Jul 07, 10:42AM CDT
Fitch Ratings rates Sunoco Logistics Partners L.P.'s (Sunoco Logistics) senior unsecured notes 'BBB'. The notes are to be issued by Sunoco Logistics Partners Operations L.P. and guaranteed by Sunoco Logistics Partners. Proceeds are to be used to repay borrowings on its revolving credit facility and for general partnership purposes which may include expansion capex.
SXL: 29.68 (+1.89)
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: 42.07 (+3.57), WMB: 26.02 (+2.06), ETE: 17.01 (+1.12), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)
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: 42.07 (+3.57), WMB: 26.02 (+2.06), ETE: 17.01 (+1.12), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)
What Investors are Making of These Oil & Gas Pipelines' Stocks? - MPLX L.P., Sunoco Logistics Partners, Frank's Intl., and DCP Midstream Partners
PR Newswire - Fri Jun 10, 7:35AM CDT
The number of M&A activities in the Oil and Gas Pipelines segment is increasing, as the industry continues to undergo important changes. Today, ActiveWallSt.com has uncovered four equities that we think are worthy of investors' notice: MPLX L.P. (NYSE: MPLX), Sunoco Logistics Partners L.P. (NYSE: SXL), Frank's International N.V. (NYSE: FI), and DCP Midstream Partners L.P. (NYSE: DPM). Get your free trade alerts on these stocks at:
MPLX: 32.40 (+1.08), DPM: 33.27 (+0.13), FI: 11.89 (+0.27), SXL: 29.68 (+1.89)
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"
ETP: 42.07 (+3.57), WMB: 26.02 (+2.06), ETE: 17.01 (+1.12), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)
Downgrade Alert for Sunoco Logistics Partners (SXL)
Comtex SmarTrend(R) - Thu Jun 09, 3:09AM CDT
Sunoco Logistics Partners (NYSE:SXL) was downgraded from Buy to Hold at Jefferies today. The stock closed yesterday at $29.06 on volume of 882,000 shares, below average daily volume of 1.5 million. There is potential upside of 36.3% for shares of Sunoco Logistics Partners based on a current price of $29.06 and an average consensus analyst price target of $39.62. The stock should discover initial support at its 200-day moving average (MA) of $27.37 and subsequent support at its 50-day MA of $26.02.
SXL: 29.68 (+1.89)
Williams Announces Quarterly Cash Dividend
BusinessWire - Wed Jun 08, 7:00AM CDT
The Williams Companies, Inc. (NYSE: WMB) ("Williams"
ETP: 42.07 (+3.57), WMB: 26.02 (+2.06), ETE: 17.01 (+1.12), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)
Williams Announces Election Deadline for Stockholders Related to ETE Transaction
BusinessWire - Mon Jun 06, 3:45PM CDT
The Williams Companies, Inc. (NYSE: WMB) ("Williams"
ETP: 42.07 (+3.57), WMB: 26.02 (+2.06), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)
ETE Announces Election Deadline for Williams Stockholders
BusinessWire - Mon Jun 06, 3:30PM CDT
Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE"
ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), WMB: 26.02 (+2.06), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
Energy Transfer Equity Announces Counterclaims against Williams
BusinessWire - Thu May 26, 3:39PM CDT
Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE" or the "Partnership"
ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), WMB: 26.02 (+2.06), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
SEC Declares Registration Statement on Form S-4 "Effective" in Proposed Acquisition of Williams by Energy Transfer
BusinessWire - Wed May 25, 10:35AM CDT
--Merger Also Subject to Other Closing Conditions
ETP: 42.07 (+3.57), ETE: 17.01 (+1.12), WMB: 26.02 (+2.06), SXL: 29.68 (+1.89), SUN: 30.62 (-0.50)
SEC Declares Registration Statement on Form S-4 "Effective" in Proposed Acquisition of Williams by ETE
BusinessWire - Wed May 25, 9:22AM CDT
The Williams Companies, Inc. (NYSE: WMB) ("Williams"
ETP: 42.07 (+3.57), WMB: 26.02 (+2.06), WPZ: 37.35 (-0.53), SUN: 30.62 (-0.50), SXL: 29.68 (+1.89)