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Posts related to ‘NYSE: ETP’

East Coast Oil Refinery Will Not Close

Posted: July 2, 2012 at 12:58 pm

The oldest refinery on the US East Coast will not be closing in August. The refinery’s owner, Sunoco Inc. (NYSE: SUN) today announced that it would form a joint venture ...
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Bracing for a Wave of MLP Secondary Offerings (ETP, KMP, PAA, WPZ, OKS, QRE, BWP, EEP, AMJ, AMLP, KYN)

Posted: June 28, 2012 at 10:30 am

Pipeline partnership Energy Transfer Partners L.P. (NYSE: ETP) this morning priced a secondary offering of 13.5 million common units at $44.57/common unit, about -3% below last night’s closing price of ...
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Refinery Sale Suddenly In Jeopardy (PSX, COP, DAL, SUN, ETP, CG, CVX, VLO, XOM, BP, CVI)

Posted: June 7, 2012 at 1:24 pm

In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery ...
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Does Delta Make Sense as an Oil Refiner?

Posted: May 1, 2012 at 8:04 am

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
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ETP Acquires Sunoco for $5.3 Billion (ETP, SUN, ETE, SXL)

Posted: April 30, 2012 at 8:56 am

Energy Transfer Partners L.P. (NYSE: ETP) announced this morning that it will acquire Sunoco Inc. (NYSE: SUN) in a cash and common unit deal worth $5.3 billion. The transaction gives ...
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Good News Trumps Bad for Willbros (WG, ETP)

Posted: April 2, 2012 at 10:36 am

Oil & gas construction firm Willbros Group Inc. (NYSE: WG) announced preliminary results for the company’s fourth quarter and full fiscal year, at the same time that it said that ...
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