Posts for Ticker ‘SEP’

Atlas Lightens its Load (APL, SEP, WMB)

money-stack-image15Atlas Pipeline Partners, L.P. (NYSE:APL) will sell its NOARK natural gas gathering and interstate transport system to Spectra Energy Partners, LP (NYSE:SEP) for $300 million in cash. The company’s president and CEO said that the cash from this sale, plus the cash from an earlier transaction with the Williams Companies, Inc. (NYSE:WMB), will be used to reduce the company’s debt by $400 million. Atlas had about $1.5 billion in long-term debt at the end of December 2008.
Read More »

Pre-Market Analyst Calls (August 6, 2007)

AMTD raised to Buy at UBS.
ANN raised to Hold at Citigroup.
AUTH started as Overweight at Lehman; started as Outperform at Bear Stearns.
CVH raised to Neutral at B of A.
CFR raised to Outperform at RBC.
CKFR cut to Neutral at JPMorgan.
CSE cut to Outperform at JMP.
DFC cut to Mkt Perform at JMP.
ERTS raised to Outperform at Bear Stearns.
IMH cut to Hold at Deutsche Bank.
LUM cut to Underweight at JPMorgan.
MER raised to Buy at UBS.
MMR raised to Overweight at JPMorgan.
O raised to Outperform at Credit Suisse.
PRSP raised to Outperform at RBC.
PVG cut to Sector Perform at RBC.
SCOR started as Outperform at Credit Suisse; started as Hold at Jefferies; started as Mkt Perform at FBR; started as Buy at Deutsche Bank.
SEP started as Overweight at Lehman; started as Buy at Citigroup.; started as Outperform at Wachovia.
SPG raised to Outperform at Credit Suisse.
SPRD started as Overweight at Lehman; started as Outperform at Piper Jaffray.
TTWO raised to Peer Perform at Bear Stearns.
VOD raised to Buy at Citigroup.

Jon C. Ogg
August 6, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.