More Woes for MLPs Ahead?
MLPs have become more prevalent in investor portfolios over the past couple of years. The problem is that this segment of the oil and gas sector has seen its valuations become lofty…
MLPs have become more prevalent in investor portfolios over the past couple of years. The problem is that this segment of the oil and gas sector has seen its valuations become lofty…
If one firm can create interest around a stock, it is Goldman Sachs. Investors have followed its Conviction Buy List for years, but 24/7 Wall St. has tracked many major changes to…
Kinder Morgan Energy Partners L.P. (NYSE: KMP) has acquired its first sea-going fleet -- five Jones Act-qualified tankers -- and is set to to file an application to add 590,000 barrels a…
ThinkstockMarathon Petroleum Corp. (NYSE: MPC) has committed to funding a portion of the Sandpiper Pipeline Project being proposed by Enbridge Energy Partners L.P. (NYSE: EEP) and Enbridge Inc. (NYSE: ENB). The 610-mile…
ThinkstockThe move to 2.53% in the 10-year Treasury is still near the lower end of the range of 1.5% to 5.1% since 2003. Of significance to the master limited partnership (MLP) analysts…
ThinkstockOil and gas midstream master limited partnership (MLP) Enbridge Energy Partners L.P. (NYSE: EEP) has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering (IPO)…
U.S. equity markets opened lower this morning on relatively little economic data. In Europe, Germany reported that industrial production rose 1.2%, while a house price index in the U.K.rose 1.1% month-over-month. In…
U.S. equity markets opened higher this morning following an unexpected 0.25% cut in Australia’s key interest rate to a new level of 2.75%. Japan’s Nikkei reopened today after a two-day holiday and…
ThinkstockCanadian-based Enbridge Inc. (NYSE: ENB) announced this morning that it is joining forces with a subsidiary of Energy Transfer Partners L.P. (NYSE: ETP) and Energy Transfer Equity L.P. (NYSE: ETE) to convert…
courtesy U.S. State DepartmentGovernor Dave Heineman of Nebraska has sent a letter to President Obama today expressing his approval for the re-worked Keystone XL pipeline project through the state. Heineman’s approval can…
ThinkstockCrude oil transportation on the Seaway pipeline resumed today at the pipeline’s full capacity of 400,000 barrels a day now available to shippers wanting to move crude from the storage point at…
ThinkstockPipeline master limited partnership Kinder Morgan Energy Partners LP (NYSE: KMP) announced this afternoon that it will update the scope of its expansion of the Trans Mountain pipeline system that currently moves…
U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in Europe some…
ThinkstockAn analyst call from the oil patch out of Goldman Sachs is being largely discounted or overlooked so far on Monday. The pipeline sector call was not positive for every player seen,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS. Consolidated Edison Inc. (NYSE:…