Plains All American Pipeline, L.P. (NYSE: PAA) is pursuing a spin-off strategy which we have seen elsewhere in the energy patch, but it is a strategy that we saw mostly in 2008. …
Douglas A. McIntyre JPMorgan Chase & Co. (NYSE:JPM) has created a new exchange traded note based on “the portfolio of midstream energy underlying the Alerian MLP Index.” The new structured investment is called the JPMorgan…
Enterprise Products Partners LP (NYSE:EPD) reported first quarter earnings of $237.3 million (earnings per unit of $0.41) on revenues of $3.42 billion. In the first quarter of 2008, the company reported earnings…
Plains All American Pipeline, L.P. (NYSE: PAA) announced an offering to sell approximately 5 million common units at an offering price of $36.90/unit. Joint book-runners include UBS, Citi, JP Morgan, Merrill Lynch…
Douglas A. McIntyre We’ve said before that the way pipeline companies grow is by building or buying more pipelines. In its earnings report for the fourth quarter, Plains All American Pipeline LP (NYSE: PAA) proves…
Douglas A. McIntyre We’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo. Yet some companies just refuse to participate in…
We have tracked these Master Limited Partnerships (MLP’s) and spin-offs or carve-out IPO’s from larger oil and gas companies for quite some time. What is amazing is that despite the rapid rise…
Plains GP Holdings, L.P. withdrew its IPO filing this morning, stating that the withdrawal it is “consistent with the public interest and the protection of investors.” Plains originally filed its IPO paperwork…
Douglas A. McIntyre 