Sunoco Logistics Partners LP (SXL) 30.12 $SXL E
Post# of 273249
Enbridge Energy (EEP) Puts Oil Pipeline Project on Hold
Zacks Equity Research - Zacks Investment Research - Fri Sep 02, 8:31AM CDT
Enbridge Energy Partners, L.P. (EEP) has announced plans to put the construction of the Sandpiper crude oil pipeline on hold, until market conditions are conducive
ETP: 41.03 (-0.03), MPC: 42.97 (+0.65), EEP: 24.61 (+0.61), SXL: 30.12 (+0.38)
Research Reports Coverage on Oil & Gas Stocks -- MPLX L.P., Sunoco Logistics Partners, TransCanada, and SemGroup
PR Newswire - Fri Aug 26, 7:00AM CDT
The Oil and Gas Pipelines industry offers a range of services, such as design, construction, repair, and maintenance, on pipeline infrastructure for downstream energy suppliers. As per IBISWorld, this segment is expected to experience strong demand in the future, as new natural gas resources would require pipelines. Stock-Callers.com reviews today's featured companies: MPLX L.P. (NYSE: MPLX), Sunoco Logistics Partners L.P. (NYSE: SXL), TransCanada Corp. (NYSE: TRP), and SemGroup Corp. (NYSE: SEMG). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration
MPLX: 33.64 (+0.14), TRP: 46.23 (-0.46), SEMG: 32.11 (+0.96), SXL: 30.12 (+0.38)
Energy Transfer (ETP) Reveals Bakken Pipeline Open Season
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 9:43AM CDT
Energy Transfer (ETP) declared the supplemental binding open season for Bakken Pipeline.
PSX: 79.11 (+0.24), ETP: 41.03 (-0.03), MUSA: 74.45 (+0.50), SXL: 30.12 (+0.38)
Sunoco Logistics (SXL) Swings to Q2 Loss in a Tough Market
Zacks Equity Research - Zacks Investment Research - Mon Aug 08, 8:23AM CDT
Pipeline operator Sunoco Logistics Partners (SXL) swung to an unexpected second-quarter loss, hurt by weak results from the 'Crude Oil' and 'NGL' segments.
ETP: 41.03 (-0.03), MPC: 42.97 (+0.65), EEP: 24.61 (+0.61), SXL: 30.12 (+0.38)
Energy Transfer (ETP) Misses on Q2 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 9:53AM CDT
Energy Transfer Partners LP (ETP) reported second-quarter 2016 earnings of 10 cents per limited partner unit, which missed the Zacks Consensus Estimate of 19 cents.
ETP: 41.03 (-0.03), MPC: 42.97 (+0.65), EEP: 24.61 (+0.61), SXL: 30.12 (+0.38)
Energy Transfer Equity Reports Second Quarter Results
BusinessWire - Wed Aug 03, 5:22PM CDT
Energy Transfer Equity, L.P. (NYSE:ETE) ("ETE" or the "Partnership" today reported financial results for the quarter ended June 30, 2016.
ETP: 41.03 (-0.03), ETE: 18.08 (+0.24), SUN: 30.53 (+0.55), SXL: 30.12 (+0.38)
Energy Transfer Partners Reports Second Quarter Results
BusinessWire - Wed Aug 03, 5:20PM CDT
Energy Transfer Partners, L.P. (NYSE: ETP) ("ETP" or the "Partnership" today reported its financial results for the quarter ended June 30, 2016. Net income for the three months ended June 30, 2016 was $472 million, a decrease of $367 million compared to the three months ended June 30, 2015, primarily due to a $208 million impact from interest rate derivatives, a $118 million decrease in Adjusted EBITDA, and a $50 million impact from income taxes. Adjusted EBITDA for ETP for the three months ended June 30, 2016 totaled $1.37 billion, a decrease of $118 million compared to the three months ended June 30, 2015, primarily due to an $85 million impact from LIFO inventory accounting, a $72 million decrease from retail marketing primarily driven by the deconsolidation of those operations, and the absence of a $63 million realized gain from ETP's midstream segment in the prior period. These Adjusted EBITDA impacts were partially offset by increased earnings from ETP's liquids transportation and services and intrastate transportation and storage segments of $66 million and $32 million, respectively. Distributable Cash Flow attributable to the partners of ETP, as adjusted, for the three months ended June 30, 2016 totaled $774 million, a decrease of $183 million compared to the three months ended June 30, 2015, primarily due to the decrease in Adjusted EBITDA as well as the absence of a current income tax benefit in the prior period, partially offset by lower maintenance capital expenditures and lower interest expense.
ETP: 41.03 (-0.03), ETE: 18.08 (+0.24), SXL: 30.12 (+0.38), SUN: 30.53 (+0.55)
Sunoco Logistics Announces Results for Second Quarter 2016
BusinessWire - Wed Aug 03, 5:15PM CDT
Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership" today announced net income attributable to partners for the six months ended June 30, 2016 of $347 million ($0.52 per limited partner unit, diluted), compared to $312 million ($0.75 per limited partner unit, diluted) for the prior year period. Adjusted EBITDA for the six months ended June 30, 2016 was $594 million, compared to $547 million for the prior year period. Net income attributable to partners was $202 million for the three months ended June 30, 2016 ($0.34 per limited partner unit, diluted). Adjusted EBITDA was $245 million for the three months ended June 30, 2016. The second quarter 2016 included approximately $60 million related to the reversal of favorable LIFO inventory accounting that was recognized in the first quarter 2016. Recent highlights include:
ETP: 41.03 (-0.03), SXL: 30.12 (+0.38)
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: 41.03 (-0.03), MPC: 42.97 (+0.65), EEP: 24.61 (+0.61), SXL: 30.12 (+0.38)
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: 79.11 (+0.24), ETP: 41.03 (-0.03), MPC: 42.97 (+0.65), ETE: 18.08 (+0.24), SXL: 30.12 (+0.38)
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" . The $2.5 billion facility is anticipated to provide substantially all of the remaining capital necessary to complete the projects.
PSX: 79.11 (+0.24), ETP: 41.03 (-0.03), ETE: 18.08 (+0.24), SXL: 30.12 (+0.38), SUN: 30.53 (+0.55)
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: 41.03 (-0.03), ETE: 18.08 (+0.24), SXL: 30.12 (+0.38), SUN: 30.53 (+0.55)
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: 41.03 (-0.03), ETE: 18.08 (+0.24), SXL: 30.12 (+0.38), SUN: 30.53 (+0.55)
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: 41.03 (-0.03), WMB: 29.16 (+0.76), ETE: 18.08 (+0.24), WPZ: 40.02 (+1.55), SUN: 30.53 (+0.55), SXL: 30.12 (+0.38)
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: 41.03 (-0.03), WMB: 29.16 (+0.76), ETE: 18.08 (+0.24), WPZ: 40.02 (+1.55), SUN: 30.53 (+0.55), SXL: 30.12 (+0.38)
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: 33.64 (+0.14), DPM: 34.05 (+0.49), FI: 11.60 (-0.10), SXL: 30.12 (+0.38)
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: 41.03 (-0.03), WMB: 29.16 (+0.76), ETE: 18.08 (+0.24), WPZ: 40.02 (+1.55), SUN: 30.53 (+0.55), SXL: 30.12 (+0.38)
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: 30.12 (+0.38)
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: 41.03 (-0.03), WMB: 29.16 (+0.76), ETE: 18.08 (+0.24), WPZ: 40.02 (+1.55), SUN: 30.53 (+0.55), SXL: 30.12 (+0.38)