The latest delay to a US decision on whether or not to allow the Keystone XL pipeline project has shifted attention to two other proposed pipelines that would carry bitumen from the…
In 2010, US refineries took delivery of about 5.4 billion barrels of crude oil. Of that total, more than 50%, 2.8 billion barrels, arrived at the refineries by pipeline. The US petroleum…
Moody’s downgrade of Spain puts more pressure on the EU to address its sovereign debt crisis. (Reuters) Several large shareholders may fight to oust part of the News Corp. (NYSE: NWS) board.…
The energy complex in America was given a huge boost on Monday on the news that Kinder Morgan Inc. (NYSE: KMI) was doing a record transaction to acquire El Paso Corporation (NYSE:…
China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of inflation. (Reuters) IBM…
Over the weekend, pipeline company Kinder Morgan, Inc. (NYSE: KMI) announced that it would pay approximately $21.1 billion in cash and stock for El Paso Corp. (NYSE: EP) and El Paso Pipeline…
Challenger, Gray said planned layoffs announced in September were up more than 200% from a year earlier to 115,000. That figure appears to be on the rise, and the latest layoffs, or…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250…
Kinder Morgan (NYSE: KMI) and El Paso (NYSE: EP) released an agreement for Kinder to acquire the outstanding shares of El Paso in a deal that will create the fourth largest energy…
The 2011 Class of Private Equity-Backed IPOs is really off to a rough start. The market conditions of late have all culminated to create a cautious IPO environment and even a cautious…
The good news for the IPO market in 2011 is that investors are willing to pay for IPOs. They are even willing to overpay for quality IPOs. The problem is when these…
Tesoro Corporation (NYSE: TSO) is set to have its Initial Public Offering this week for its Tesoro Logistics LP (NYSE: TLLP). Tesoro is looking to move to a more of a pure-play…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Adobe Systems Inc. (NASDAQ: ADBE) Maintained Neutral but cut estimates at…
We have been calling for a premium IPO and a higher share count deal for Kinder Morgan, Inc. (NYSE: KMI) and its highly anticipated IPO. Technically this is a re-IPO and is…
Kinder Morgan Inc. (NYSE: KMI) is supposed to price tonight. While many already expected the IPO to be hot, the talk is that hot became hotter. The last formal count was 80…
