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Oct 22, 2018 17:10 ET
Energy Transfer Operating, L.P. Announces Quarterly Cash Distribution on Series C and Series D Preferred Units
Energy Transfer Operating, L.P. (formerly Energy Transfer Partners, L.P.) today announced the quarterly cash distribution of $0.4609 per Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (liquidation preference $25 per Series C unit) (NYSE: ETPprC), and $0.5931 per Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (liquidation preference $25 per Series D unit) (NYSE: ETPprD), which amount is attributable to the partial period from and including the date of original issue o
Oct 19, 2018 08:30 ET
Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. Complete Merger, Simplify Structure
Energy Transfer Equity, L.P. (“ETE”) and Energy Transfer Partners, L.P. (“ETP”) today announced the completion of their previously announced merger of ETE with ETP. At the effective time of the merger, each ETP common unit converted into the right to receive 1.28 ETE common units. Based on the ETP units outstanding, ETE issued approximately 1.46 billion ETE common units to ETP unitholders.
Oct 18, 2018 13:20 ET
Energy Transfer Partners, L.P. Common Unitholders Approve Merger with Energy Transfer Equity, L.P.
Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) and Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) announced today that at a special meeting of ETP common unitholders held earlier today, ETP’s common unitholders voted to approve and adopt the Agreement and Plan of Merger dated as of August 1, 2018 (the “Merger Agreement”), pursuant to which ETP will merge with ETE (“the merger”).
Oct 17, 2018 08:30 ET
Energy Transfer Partners Expected to be Removed from the Alerian Index Series
DALLAS, Oct. 17, 2018 /PRNewswire/ -- Alerian announced today that Energy Transfer Partners (NYSE: ETP) is expected to be removed from the Alerian Midstream Energy Index (AMNA), Alerian US Midstream Energy Index (AMUS), Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index (AMZE), Alerian MLP Infrastructure Index (AMZI), Alerian Large Cap MLP Index (AMLI), and Alerian Natural Gas MLP Index (ANGI) in a special rebalancing. In addition, Energy Transfer Equity (NYSE: ETE) is expected to be added to the AMZ, AMZE, AMZI, and ANGI....
Oct 16, 2018 16:36 ET
Sunoco LP Completes the Acquisition of BRENCO Marketing Corporation's Fuel Distribution Business
DALLAS, Oct. 16, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the acquisition of BRENCO Marketing Corporation's fuel distribution business for approximately $24 million plus working capital adjustments.  The acquired wholesale fuels business distributes approximately 95 million gallons of fuel annually across a network of approximately 160 dealer and commission agent-operated locations and 100 commercial accounts in Central and East Texas.  ...
Oct 11, 2018 09:02 ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® 30 MLP Index
DALLAS, Oct. 11, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the "Index"). On August 1, 2018, Index constituents Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced a merger agreement wherein ETE would acquire ETP, subject to the approval of ETP unitholders. A special meeting of ETP unitholders is scheduled for October 18, 2018, for the purpose of voting on the merger agreement. Per the Index's methodology guide, after the market cl...
Oct 11, 2018 09:02 ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, Oct. 11, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). On August 1, 2018, Index constituents Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced a merger agreement wherein ETE would acquire ETP, subject to the approval of ETP unitholders. A special meeting of ETP unitholders is scheduled for October 18, 2018, for the purpose of voting on the merger agreement. Per the Index's methodology guide, after the mark...
Oct 11, 2018 09:02 ET
Swank Capital and Cushing® Asset Management Announce a Rebalance of The Cushing® MLP Market Cap Index
DALLAS, Oct. 11, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim rebalance of The Cushing® MLP Market Cap Index (the "Index"). On August 1, 2018, Index constituents Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced a merger agreement wherein ETE would acquire ETP, subject to the approval of ETP unitholders. A special meeting of ETP unitholders is scheduled for October 18, 2018, for the purpose of voting on the merger agreement. Per the Index's methodology guide, after the market closes on O...
Oct 05, 2018 08:10 ET
Report: Exploring Fundamental Drivers Behind Cinemark, Spire, New Media Investment Group, Acadia Realty Trust, Energy Transfer Equity, and Allegion — New Horizons, Emerging Trends, and Upcoming Develo
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Cinemark Holdings Inc (NYSE:CNK), Spire Inc. (NYSE:SR), New Media...
Oct 04, 2018 18:18 ET
Proxy Advisory Firms Recommend Energy Transfer Partners, L.P. Unitholders Vote for Proposed Merger with Energy Transfer Equity, L.P.
Energy Transfer Partners, L.P. (NYSE: ETP) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co., the two leading independent U.S. proxy advisory firms, have recommended that ETP unitholders vote "FOR" the proposed merger with Energy Transfer Equity, L.P. (NYSE: ETE), which will be considered at the October 18, 2018 special meeting of ETP unitholders.
Sep 11, 2018 20:06 ET
Energy Transfer Equity and Energy Transfer Partners Announce Form S-4 Registration Statement Declared Effective by SEC
Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced that ETE’s Registration Statement on Form S-4 relating to the previously announced merger transaction between ETE and ETP has been declared effective as of September 7, 2018 by the Securities and Exchange Commission (“SEC”), and that ETP has filed a definitive proxy statement with the SEC for the special meeting of its unitholders to vote on the merger.
Sep 04, 2018 07:00 ET
Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the “Permian Gulf Coast” or “PGC Pipeline” for Permian Basin Crude Oil Takeaway
Energy Transfer Partners, L.P. (NYSE: ETP) (“Energy Transfer”), Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”), MPLX LP (NYSE: MPLX) (“MPLX”) and Delek US Holdings, Inc. (NYSE: DK) (“Delek”) announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region, with the ability to increase the pipe diameter to expand the capacity based upon additional commitments received during the u
Aug 23, 2018 19:08 ET
Energy Transfer Announces FERC Approval To Bring Rover Pipeline’s Burgettstown and Majorsville Laterals Into Service
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to commence service on the Burgettstown and Majorsville supply laterals effective immediately. FERC also approved the associated compressor and metering stations. This latest approval allows for 100 percent of the long-haul contractual commitments on Rover to begin September 1, 2018.
Aug 08, 2018 16:30 ET
Energy Transfer Equity Reports Second Quarter Results
Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended June 30, 2018.
Aug 08, 2018 16:30 ET
Energy Transfer Partners Reports Second Quarter Results
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP” or the “Partnership”) today reported its financial results for the quarter ended June 30, 2018. For the three months ended June 30, 2018, net income was $602 million and Adjusted EBITDA was $2.05 billion. Adjusted EBITDA increased $506 million compared to the three months ended June 30, 2017, reflecting an increase of $320 million in Adjusted EBITDA from the crude oil transportation and services segment, as well as higher results from several of the other segments, as discussed in the segm
Aug 08, 2018 16:30 ET
Aug 01, 2018 18:45 ET
Energy Transfer Equity to Acquire Energy Transfer Partners in Simplification Transaction
Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced that they have entered into a definitive agreement providing for the merger of ETP with a wholly-owned subsidiary of ETE in a unit-for-unit exchange. In connection with the transaction, ETE’s incentive distribution rights (IDRs) in ETP will be cancelled. The transaction, which was approved by the boards of directors and conflicts committees of both partnerships, is expected to close in the fourth quarter of 2018, subject to the
Aug 01, 2018 17:02 ET
Sunoco LP Completes the Acquisition of Sandford Oil
DALLAS, Aug. 1, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the acquisition of the equity interests of Sandford Energy, LLC, Sandford Transportation, LLC and their respective subsidiaries for approximately $66 million plus working capital adjustments. The acquired wholesale fuels business distributes approximately 115 million gallons of fuel annually to exploration, drilling and oil field services customers, primarily in basins in Central and West Texas and Oklahoma.  ...
Aug 01, 2018 11:26 ET
Alerian Reports June 30, 2018 Index Linked Product Positions
DALLAS, Aug. 1, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $15.0 billion as of June 30, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Jul 27, 2018 16:45 ET
Sunoco LP Maintains Quarterly Distribution and Amends and Extends Revolving Credit Facility
DALLAS, July 27, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2018 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The distribution will be paid on August 15, 2018 to common unitholders of record on August 7, 2018....
Jul 26, 2018 16:15 ET
Energy Transfer Equity Announces Quarterly Cash Distribution
Energy Transfer Equity, L.P. (NYSE: ETE) today announced a quarterly cash distribution of $0.305 per ETE common unit ($1.22 on an annualized basis) for the second quarter ended June 30, 2018. This cash distribution is the same as the distribution for the first quarter of 2018 and will be paid on August 20, 2018 to unitholders of record as of the close of business on August 6, 2018.
Jul 26, 2018 16:15 ET
Energy Transfer Partners Announces Quarterly Cash Distribution
Energy Transfer Partners, L.P. (NYSE: ETP) today announced a quarterly cash distribution of $0.565 per ETP common unit ($2.26 on an annualized basis) for the second quarter ended June 30, 2018. This cash distribution is the same as the distribution for the first quarter of 2018 and will be paid on August 14, 2018 to unitholders of record as of the close of business on August 6, 2018.
Jul 20, 2018 16:15 ET
Energy Transfer Partners Announces Quarterly Cash Distribution on Series C Preferred Units
Energy Transfer Partners, L.P. (NYSE: ETP) today announced the initial pro-rated quarterly cash distribution of $0.56337 per Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (liquidation preference $25 per Series C unit), which amount is attributable to the partial period from and including the date of original issue. This cash distribution will be paid on August 15, 2018 to preferred unitholders of record as of the close of business on August 1, 2018.
Jul 16, 2018 20:00 ET
Energy Transfer Partners, L.P. Announces Pricing of Series D Preferred Unit Offering
Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has priced an underwritten public offering of 16,000,000 of its 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series D Preferred Units”) at a price of $25.00 per unit, resulting in total proceeds of $400 million. The underwriters have a 30-day option to purchase up to 2,400,000 additional Series D Preferred Units.
Jun 29, 2018 10:37 ET
Alerian Launches Two New Midstream Energy Indices and Announces Methodology and Name Changes to the Alerian Energy Infrastructure Index
DALLAS, June 29, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Midstream Energy Index, a broad-based composite of North American energy infrastructure companies. Constituents can be structured as pass-through entities or corporations, but must earn the majority of their cash flow from midstream activities involving energy commodities. The capped, float-adjusted, capitalization-weighted index is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX)....
Jun 27, 2018 08:10 ET
Consolidated Research: 2018 Summary Expectations for New York Community, Expedia, DowDuPont, Akamai Technologies, Energy Transfer Equity, and Otonomy — Fundamental Analysis, Key Performance Indication
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of New York Community Bancorp, Inc. (NYSE:NYCB), Expedia, Inc. (NASDAQ:EXPE),...
Jun 05, 2018 21:10 ET
Energy Transfer Partners, L.P. Announces Pricing of $3.0 Billion of Senior Notes
Energy Transfer Partners, L.P. (NYSE: ETP) today announced the pricing of its $500 million aggregate principal amount of 4.20% senior notes due 2023, $1.0 billion aggregate principal amount of 4.95% senior notes due 2028, $500 million aggregate principal amount of 5.80% senior notes due 2038 and $1.0 billion aggregate principal amount of 6.00% senior notes due 2048 at a price to the public of 99.926%, 99.819%, 99.647% and 98.900%, respectively, of their face value.
May 31, 2018 19:40 ET
Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Full Mainline B into Service
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to commence service of the Supply Connector B and full Mainline B pipeline segments. This latest approval allows for 100 percent of Rover’s mainline capacity, 3.25 billion cubic feet per day of natural gas, to be placed into service.
May 29, 2018 12:00 ET
Energy Transfer Launches Marketing Process for Additional Commitments on Permian Express 3
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP” or the “Partnership”) today announced that Permian Express Partners LLC will commence a marketing process to solicit binding proposals for intrastate service from potential shippers for up to 50,000 barrels per day of volume commitments on Phase 1 of Permian Express 3. This capacity represents the remaining available capacity on the 140,000 barrels per day Phase 1 of Permian Express 3. Permian Express 3 delivers crude oil from the Permian Basin to the U.S. Gulf Coast. This remaining capaci
May 17, 2018 12:44 ET
Delaware Court Rules in Favor of Energy Transfer on Convertible Preferred Units Issuance
Energy Transfer Equity, L.P. (NYSE: ETE) announced today that the Delaware Court of Chancery has ruled in favor of ETE in the litigation related to the issuance by ETE of convertible preferred units that occurred in March 2016. In an opinion issued May 17, 2018, the Court denied the plaintiff’s request for rescission of the transaction and associated injunctive relief. Accordingly, the convertible preferred units will convert into common units on May 21, 2018 in accordance with the previously announced terms of the convertible preferred units.
May 10, 2018 07:30 ET
Factors of Influence in 2018, Key Indicators and Opportunity within Energy Transfer Equity, Mednax, BioPharmX, Owens & Minor, SunPower, and Convergys — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Energy Transfer Equity, L.P. (NYSE:ETE), Mednax, Inc (NYSE:MD), BioPharmX...
May 09, 2018 16:30 ET
Energy Transfer Equity Reports First Quarter Results
Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended March 31, 2018.
May 09, 2018 16:30 ET
Energy Transfer Partners Reports First Quarter Results
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP” or the “Partnership”) today reported its financial results for the quarter ended March 31, 2018. For the three months ended March 31, 2018, net income was $879 million and Adjusted EBITDA was $1.88 billion. Adjusted EBITDA increased $436 million compared to the three months ended March 31, 2017, reflecting an increase of $277 million in Adjusted EBITDA from the crude oil transportation and services segment, as well as higher results from several of the other segments, as discussed in the s
May 09, 2018 16:30 ET
May 07, 2018 11:42 ET
Alerian Reports March 31, 2018 Index Linked Product Positions
DALLAS, May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
May 04, 2018 08:00 ET
Enterprise and Energy Transfer Form Joint Venture to Restore Service on Old Ocean Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced the formation of a 50/50 joint venture to resume service on the Old Ocean natural gas pipeline, which has been essentially idled since 2012. The 24-inch diameter pipeline, which originates at Maypearl, Texas in Ellis County and extends south approximately 240 miles to Sweeny, in Brazoria County, Texas, is expected to resume service in the second quarter of 2018. ETP will operate the pipeline. Additionally, both parties are in the process
May 03, 2018 18:55 ET
Mariner East 1 Released for Service by Pennsylvania Public Utility Commission
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that its subsidiary, Sunoco Pipeline L.P. (SPLP), received a unanimous vote from the Pennsylvania Public Utility Commission (PUC) to resume operations of its Mariner East 1 pipeline. SPLP has worked diligently with the PUC’s I&E Division and their outside experts on the matter for several weeks and is pleased that all investigations concur regarding the safety and integrity of the pipeline. The procedures to resume public utility service on the pipeline will begin immediately.
May 01, 2018 18:34 ET
Energy Transfer Announces FERC Approval to Place Additional Facilities on Rover Pipeline’s Phase 2 into Service
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to place additional Phase 2 facilities into service. Last week, FERC granted Rover permission to place a segment of Phase 2, which included Mainline Compressor Station 3 located in Crawford County, Ohio, and a section of the line between Mainline Compressor Station 2, in Wayne County, Ohio, and Mainline Compressor Station 3, in service for additional throughput opportunity. The approval from F
Apr 26, 2018 16:30 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, April 26, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the first quarter of 2018 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The distribution will be paid on May 15, 2018 to common unitholders of record on May 7, 2018....
Apr 26, 2018 16:15 ET
Energy Transfer Equity Announces Quarterly Cash Distribution
Energy Transfer Equity, L.P. (NYSE: ETE) today announced a quarterly cash distribution of $0.305 per ETE common unit ($1.22 on an annualized basis) for the first quarter ended March 31, 2018. This cash distribution is the same as the distribution for the fourth quarter of 2017 and will be paid on May 21, 2018 to unitholders of record as of the close of business on May 7, 2018.
Apr 26, 2018 16:15 ET
Energy Transfer Partners Announces Quarterly Cash Distribution
Energy Transfer Partners, L.P. (NYSE: ETP) today announced a quarterly cash distribution of $0.565 per ETP common unit ($2.26 on an annualized basis) for the first quarter ended March 31, 2018. This cash distribution is the same as the distribution for the fourth quarter of 2017 and will be paid on May 15, 2018 to unitholders of record as of the close of business on May 7, 2018.
Apr 18, 2018 20:37 ET
Energy Transfer Partners, L.P. Announces Pricing of Series C Preferred Unit Offering
Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has priced an underwritten public offering of 18,000,000 of its 7.375% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series C Preferred Units”) at a price of $25.00 per unit, resulting in total proceeds of $450 million. The underwriters have a 30-day option to purchase up to 2,700,000 additional Series C Preferred Units.
Apr 12, 2018 18:00 ET
Energy Transfer Partners Announces Binding Open Season for a Diesel Fuel Pipeline to West Texas
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) today announced that its subsidiary will launch a binding open season (“Open Season”) to solicit shipper commitments for transportation service of diesel fuel from Hebert, TX to the Midland, TX area. Subject to the results of this Open Season and receipt of all necessary permits and approvals, the proposed pipeline is expected to have an initial capacity of 30,000 barrels per day and is anticipated to be operational in the third quarter of 2020. Through this Open Season process, potential shippe
Apr 03, 2018 16:01 ET
Sunoco LP Announces Definitive Agreement to Acquire the Wholesale Fuel Distribution and Terminal Business from Superior Plus Corporation
DALLAS, April 3, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a definitive agreement to purchase certain assets from Superior Plus Corporation (TSX: SPB) for approximately $40 million plus working capital adjustments. The assets consist of a network of approximately 100 dealers, several hundred commercial contracts and three terminals, which are connected to major pipelines serving the Upstate New York market. The wholesale fuels business sells approximately 200 million gallons of fuel annually through multiple channels. The three terminals have a co...
Apr 02, 2018 19:20 ET
USA Compression Partners and Energy Transfer Complete Previously Announced Transactions
USA Compression Partners, LP (NYSE: USAC) (“USAC”), Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) and Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) today announced that USAC has (i) completed its previously announced acquisition of the CDM compression business (“CDM”) from ETP, in exchange for $1.232 billion in cash (including customary closing adjustments), approximately 19.2 million USAC common units and approximately 6.4 million USAC Class B units, and (ii) cancelled its incentive distribution rights and converted its economic general
Apr 02, 2018 07:00 ET
Sunoco LP Completes Its Conversion of West Texas Retail Sites to Commission Agent Model
DALLAS, April 2, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced the completion of the conversion of its 207 retail sites located in certain West Texas, Oklahoma and New Mexico markets to a single commission agent. With this conversion complete, Sunoco's transition out of the majority of its convenience store operations in the continental U.S. is effectively complete.  Sunoco will continue to operate sites along the New Jersey and New York toll roads along with its retail operations in Hawaii. ...
Mar 15, 2018 18:35 ET
Energy Transfer Announces It Expects No Material Impact from FERC Policy Revisions
Energy Transfer Partners, L.P. (NYSE: ETP) is aware of revisions the Federal Energy Regulatory Commission (“FERC”) is proposing to its 2005 Policy Statement for Recovery of Income Tax Costs, which if adopted after a public comment period, would no longer allow interstate pipelines owned by master limited partnerships to recover an income tax allowance in the cost of service. These revisions are not expected to have a material impact to ETP’s earnings and cash flow. Many of ETP’s rates are set pursuant to negotiated rate arrangements or rate
Mar 15, 2018 07:20 ET
Energy Transfer Announces a New Gulf Coast Ethane Export Facility (“Orbit”)
Energy Transfer Partners, L.P. (NYSE: ETP) and Satellite Petrochemical USA Corp. (“Satellite”) have entered into definitive agreements to form a joint venture, Orbit Gulf Coast NGL Exports, LLC (“Orbit”), with the purpose of constructing a new export terminal on the U.S. Gulf Coast to provide ethane to Satellite for consumption at their ethane cracking facilities in China. Orbit will also construct a 20-inch ethane pipeline originating at ETP’s Mont Belvieu Fractionators that will make deliveries to Orbit’s ethane export terminal on the U.S. Gul
Mar 01, 2018 13:00 ET
Energy Transfer Partners Announces Binding Expansion Open Season for the Bakken Pipeline System
Energy Transfer Partners, L.P. (NYSE: ETP) today announced that its subsidiaries Dakota Access, LLC (“Dakota Access”) and Energy Transfer Crude Oil Company, LLC (“ETCO”) launched a Binding Expansion Open Season (“Expansion Open Season”) to solicit shipper commitments for expanded joint tariff transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Nederland, Texas through their respective pipeline systems (collectively, the “Bakken Pipeline System”). Dakota Access and ETCO anticipate that in
Feb 23, 2018 21:06 ET
Energy Transfer Equity and Energy Transfer Partners File 2017 Annual Reports
Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced they have filed their respective annual reports on Form 10-K for the year ended December 31, 2017 with the Securities and Exchange Commission (SEC).
Feb 23, 2018 16:47 ET
Sunoco LP Files 2017 Annual Report on Form 10-K
DALLAS, Feb. 23, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) (the "Partnership") on February 23, 2018, filed operational and financial results for the fiscal year ended December 31, 2017 on Form 10-K with the U.S. Securities and Exchange Commission. The Annual Report on Form 10-K is available in the Investor Relations section of the Partnership's website at www.SunocoLP.com under "SEC Filings," as well as on the SEC's website at www.sec.gov....
Feb 21, 2018 17:38 ET
Feb 21, 2018 16:30 ET
Energy Transfer Equity Reports Fourth Quarter Results
Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the fourth quarter ended December 31, 2017.
Feb 21, 2018 16:30 ET
Energy Transfer Partners Reports Fourth Quarter Results
Energy Transfer Partners, L.P. (NYSE: ETP) today reported its financial results for the quarter ended December 31, 2017. For the three months ended December 31, 2017 Energy Transfer Partners, L.P. (“ETP” or the “Partnership”) reported a net income of $1.10 billion, an increase of $1.43 billion compared to a net loss of $336 million for the same period last year primarily due to a deferred tax benefit resulting from the recent tax reform. Adjusted EBITDA for the three months ended December 31, 2017 totaled $1.94 billion, an increase of $45
Feb 21, 2018 15:24 ET
Alerian Reports December 31, 2017 Index Linked Product Positions
DALLAS, Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Feb 07, 2018 07:55 ET
Consolidated Research: 2018 Summary Expectations for Liberty Interactive, BB&T, Fifth Third, Devon Energy, MBIA, and Energy Transfer Equity — Fundamental Analysis, Key Performance Indications
NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Liberty Interactive Corporation (NASDAQ:QVCA), BB&T Corporation...
Jan 31, 2018 15:30 ET
Sunoco LP Announces 4Q 2017 Earnings Release Dates
DALLAS, Jan. 31, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") will release its fourth quarter 2017 financial and operating results after the market closes on Wednesday, February 21. In conjunction with the news release, management will hold a conference call on Thursday, February 22 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time) to discuss SUN's results. ...
Jan 29, 2018 16:15 ET
Energy Transfer Equity Announces Increase in Quarterly Cash Distribution
Energy Transfer Equity, L.P. (NYSE: ETE) today announced a $0.01 increase in its quarterly cash distribution to $0.305 per ETE common unit ($1.22 on an annualized basis) for the fourth quarter ended December 31, 2017. This quarterly distribution will be paid on February 20, 2018 to unitholders of record as of the close of business on February 8, 2018.
Jan 29, 2018 16:15 ET
Energy Transfer Partners Announces Quarterly Cash Distribution
Energy Transfer Partners, L.P. (NYSE: ETP) today announced a quarterly cash distribution of $0.565 per ETP common unit ($2.26 on an annualized basis) for the fourth quarter ended December 31, 2017. This cash distribution is the same as the distribution for the third quarter of 2017 and will be paid on February 14, 2018 to unitholders of record as of the close of business on February 8, 2018.
Jan 25, 2018 08:30 ET
Sunoco LP and Energy Transfer Announce Redemption of Sunoco Series A Preferred Units and Repurchase of Sunoco Common Units
Sunoco LP (NYSE: SUN) (“Sunoco”) and Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) announced that today Sunoco will redeem all outstanding Series A Preferred Units held by ETE for an aggregate redemption amount of approximately $312.6 million. The redemption amount includes the original consideration of $300 million and a 1% call premium plus accrued and unpaid quarterly distributions. ETE intends to use proceeds from the redemption of the Sunoco Series A Preferred Units to repay amounts outstanding under its revolving credit facility.
Jan 25, 2018 07:30 ET
Sunoco LP and Energy Transfer Announce Redemption of Sunoco Series A Preferred Units and Repurchase of Sunoco Common Units
DALLAS, Jan. 25, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") and Energy Transfer Equity, L.P. (NYSE: ETE) ("ETE") announced that today Sunoco will redeem all outstanding Series A Preferred Units held by ETE for an aggregate redemption amount of approximately $312.6 million. The redemption amount includes the original consideration of $300 million and a 1% call premium plus accrued and unpaid quarterly distributions. ETE intends to use proceeds from the redemption of the Sunoco Series A Preferred Units to repay amounts outstanding under its revolving credit facility....
Jan 24, 2018 17:59 ET
/C O R R E C T I O N -- Sunoco LP/
In the news release, Sunoco LP Maintains Quarterly Distribution, issued 24-Jan-2018 by Sunoco LP over PR Newswire, we are advised by the company that the following sentence has been added to the end of the first paragraph; The distribution will be paid on February 14, 2018 to common unitholders of record on February 6, 2018. The complete, corrected release follows:...
Jan 23, 2018 15:30 ET
Sunoco LP Announces Closing of Convenience Store Divestiture and Closing of Senior Notes Offering
DALLAS, Jan. 23, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced the closing of the strategic divestiture of the vast majority of its company operated convenience stores to 7-Eleven, Inc. This strategic divestiture is a major step in transforming Sunoco LP into a more stable income master limited partnership focused on fuel distribution and logistics.   ...
Jan 16, 2018 06:55 ET
USA Compression Partners to Acquire Compression Business from Energy Transfer Partners
USA Compression Partners, LP (NYSE: USAC) (“USA Compression” or “USAC”), Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) and Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE”) today announced a transaction valued at approximately $1.8 billion, providing for (i) the contribution of ETP’s subsidiaries, CDM Resource Management LLC and CDM Environmental & Technical Services LLC (collectively, “CDM”), to USAC (the “Contribution”) and (ii) the cancellation of the incentive distribution rights (“IDRs”) in USAC and conversion of the general partner int
Jan 09, 2018 16:19 ET
Sunoco LP Announces Upsizing and Pricing of Private Offering of Senior Notes
DALLAS, Jan. 9, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has priced at 100% an upsized private offering of $2.2 billion of senior notes, comprised of $1 billion in aggregate principal amount of 4.875% senior notes due 2023, $800 million in aggregate principal amount of 5.500% senior notes due 2026 and $400 million in aggregate principal amount of 5.875% senior notes due 2028 (collectively, the "notes"). This represents a $450 million increase in the original offering amount. Sunoco Finance Corp., a wholly owned direct subsidiary of Sunoco, will serve as c...
Jan 08, 2018 06:30 ET
Sunoco LP Announces Private Offering of Senior Notes
DALLAS, Jan. 8, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced a private offering of senior notes due 2023, senior notes due 2026 and senior notes due 2028 (collectively, the "notes") in an aggregate principal amount of $1.75 billion. Sunoco Finance Corp., a wholly owned direct subsidiary of Sunoco, will serve as co-issuer of the notes. ...
Dec 15, 2017 16:56 ET
Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Phase 1B into Service
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to place Phase 1B of the Rover Pipeline project into service, bringing the 713-mile pipeline closer to its 3.25 billion cubic feet per day design total. With the addition of the Phase 1B facilities, the project is now capable of transporting up to 1.7 billion cubic feet per day of natural gas. Rover shippers now have access to six additional receipt points from Seneca thru Clarington areas of
Nov 16, 2017 08:05 ET
Report: Exploring Fundamental Drivers Behind Liberty Interactive, BB&T, Fifth Third, Devon Energy, MBIA, and Energy Transfer Equity, L.P. — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Liberty Interactive Corporation (NASDAQ:QVCA), BB&T Corporation...
Nov 13, 2017 20:06 ET
Energy Transfer Partners, L.P. Announces Pricing of Series A and Series B Preferred Unit Offering
Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has priced an underwritten public offering of 950,000 of its 6.250% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) at a price of $1,000 per unit, and 550,000 of its 6.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units,” and together with the Series A Preferred Units, the “Preferred Units”) at a price of $1,000 per unit.
Nov 07, 2017 16:30 ET
Energy Transfer Equity Reports Third Quarter Results
Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended September 30, 2017.
Nov 07, 2017 16:30 ET
Energy Transfer Partners Reports Third Quarter Results
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP” or the “Partnership”) today reported its financial results for the quarter ended September 30, 2017. For the three months ended September 30, 2017, net income was $761 million and Adjusted EBITDA was $1.74 billion. Adjusted EBITDA increased $354 million compared to the three months ended September 30, 2016, reflecting an increase of $227 million in Adjusted EBITDA from the crude oil transportation and services segment, as well as significantly higher results from several of the other
Nov 06, 2017 07:00 ET
Sunoco LP Announces Joe Kim As CEO
DALLAS, Nov. 6, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") announced today that Joe Kim has been named chief executive officer of Dallas-based Sunoco LP, effective January 1, 2018. Kim has been serving as president and chief operating officer since June following the announcement that current Chief Executive Officer Bob Owens would retire from the Partnership as of December 31, 2017. Owens will continue to serve as a consultant to the Partnership through 2019....
Nov 01, 2017 18:32 ET
Energy Transfer Partners and Energy Transfer Equity Correct Ex-Dividend Date of Quarterly Cash Distributions
Energy Transfer Partners, L.P. (NYSE: ETP) and Energy Transfer Equity, L.P. (NYSE: ETE) today announced that the ex-dividend date for their respective quarterly cash distributions for the third quarter ended September 30, 2017 is November 6, 2017 and not November 3, 2017 as previously reported in the partnerships’ press releases on October 26, 2017.
Oct 31, 2017 18:00 ET
Energy Transfer Announces the Closing of the Previously Announced Sale of 32.44% Stake in Entity Owning Rover Pipeline Project to Blackstone Energy Partners
Energy Transfer Partners, L.P. (NYSE: ETP) today announced that its wholly owned subsidiaries, Energy Transfer Interstate Holdings, LLC (“ETIH”) and ET Rover Pipeline LLC (“HoldCo”), have closed the previously announced sale of a 49.9% interest in HoldCo. HoldCo owns a 65% interest in Rover Pipeline LLC. As a result of this closing, HoldCo is now owned 50.1% by Energy Transfer and 49.9% by Blackstone Energy Partners.
Oct 26, 2017 18:00 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, Oct. 26, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the third quarter of 2017 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The distribution will be paid on November 14, 2017 to common unitholders of record on November 7, 2017....
Oct 26, 2017 16:22 ET
Energy Transfer Equity Announces Increase in Quarterly Cash Distribution
Energy Transfer Equity, L.P. (NYSE: ETE) today announced a $0.01 increase in its quarterly cash distribution to $0.295 per ETE common unit ($1.18 on an annualized basis) for the third quarter ended September 30, 2017. This quarterly distribution will be paid on November 20, 2017 to unitholders of record as of the close of business on November 7, 2017.
Oct 26, 2017 16:20 ET
Energy Transfer Partners Announces Increase in Quarterly Cash Distribution
Energy Transfer Partners, L.P. (NYSE: ETP) today announced a $0.015 increase in its quarterly cash distribution to $0.565 per ETP common unit ($2.26 on an annualized basis) for the third quarter ended September 30, 2017. This quarterly distribution will be paid on November 14, 2017 to unitholders of record as of the close of business on November 7, 2017.
Oct 18, 2017 19:45 ET
Sunoco LP and Sunoco Finance Corp. Announce Termination of Consent Solicitations Relating to Their Senior Notes due 2021 and 2023 and Reaffirm Expected Transaction Timing
DALLAS, Oct. 18, 2017 /PRNewswire/ -- Sunoco LP ("Sunoco") and Sunoco Finance Corp. (collectively, the "Issuers") today announced the termination of the previously announced consent solicitations (the "Consent Solicitations") to amend the indentures governing their $800 million aggregate principal amount of 6.250% Senior Notes due 2021 (CUSIP No. 86765LAF4) (the "2021 Notes") and their $800 million aggregate principal amount of 6.375% Senior Notes due 2023 (CUSIP No. 86765LAG2) (the "2023 Notes" and, together with the 2021 Notes, the "Notes")....
Oct 10, 2017 20:50 ET
Sunoco LP and Sunoco Finance Corp. Announce Commencement of Consent Solicitations Relating to its 6.250% Senior Notes due 2021 and 6.375% Senior Notes due 2023
DALLAS, Oct. 10, 2017 /PRNewswire/ -- Sunoco LP ("Sunoco") and Sunoco Finance Corp. (collectively, the "Issuers") today announced the commencement of consent solicitations (the "Consent Solicitations") to amend the indentures governing their $800 million aggregate principal amount of 6.250% Senior Notes due 2021 (CUSIP No. 86765LAF4) (the "2021 Notes") and their $800 million aggregate principal amount of 6.375% Senior Notes due 2023 (CUSIP No. 86765LAG2) (the "2023 Notes" and together with the 2021 Notes, the "Notes")....
Oct 09, 2017 17:53 ET
Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Mainline Compressor Station 1 into Partial Service
Energy Transfer Partners (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to begin operating three compressor units at its Mainline Compressor Station 1 in Carroll County, Ohio. Phase 1A of the pipeline can now move more than 1 billion cubic feet per day of natural gas from Cadiz, Ohio, to Defiance, Ohio, which brings the project closer to its design total of 3.25 billion cubic feet per day. Phase 1A began operating on August 31, 2017. Phase 1B of the pipeline from Seneca
Aug 22, 2017 14:06 ET
Energy Transfer Files Federal Lawsuit Against Greenpeace International, Greenpeace Inc., Greenpeace Fund, Inc., BankTrack And Earth First! For Violation Of Federal And State Racketeering Statutes
DALLAS, Aug. 22, 2017 /PRNewswire/ -- Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) today filed a federal lawsuit in the United States District Court for the District of North Dakota against Greenpeace International, Greenpeace Inc., Greenpeace Fund, Inc., BankTrack, Earth First!, and other organizations and individuals.  The Complaint, which is Index number 1:17-cv-00173, alleges that this group of co-conspirators (the "Enterprise") manufactured and disseminated materially false and misleading information about Energy Transfer and the Dakota Ac...
Aug 16, 2017 09:00 ET
Sunoco LP to Participate in Citi MLP/Midstream Infrastructure Conference
DALLAS, Aug. 16, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that its senior management will hold 1x1 meetings with institutional investors at the Citi MLP/Midstream Infrastructure Conference in Las Vegas on August 16-17....
Aug 08, 2017 18:50 ET
Jul 26, 2017 17:30 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, July 26, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2017 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The distribution will be paid on August 15, 2017 to common unitholders of record on August 7, 2017....
Jun 29, 2017 15:00 ET
Sunoco Free Fuel 5000 Returns For Thirteenth Year
DALLAS, June 29, 2017 /PRNewswire/ -- For the thirteenth consecutive year, the Sunoco Free Fuel 5000 sweepstakes is returning to reward loyal Sunoco customers, race fans and Sunoco credit card holders nationwide with $5,000 in free fuel. Here are some of our favorite stories from last year's Grand Prize winners from Florida, Alabama, Ohio, Texas and Pennsylvania: ...
Jun 22, 2017 18:45 ET
Sunoco LP Announces Bob Owens, President And Chief Executive Officer To Retire, Joe Kim Named President And COO
DALLAS, June 22, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced today that Robert "Bob" W. Owens, president and chief executive officer has announced his intention to retire from the Partnership as of December 31, 2017, after more than 20 years with Sunoco and its predecessors.  Owens, who joined Sunoco Inc. in 1997, has been serving as president and CEO since 2012.  ...
Jun 14, 2017 11:00 ET
Sunoco LP (Stripes Stores and APlus) Raise More Than $1.6 Million For Children's Miracle Network Hospitals®
DALLAS, June 14, 2017 /PRNewswire/ -- Donations through in-store Miracle Balloon Fundraising Campaigns at Stripes and APlus stores helped raise more than $1.6 million dollars for Children's Miracle Network Hospitals (CMN Hospitals) around the country....
May 09, 2017 08:00 ET
Sunoco LP to Participate in Deutsche Bank Conference
DALLAS, May 9, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that its senior management will hold 1x1 meetings with institutional investors at the 2017 MLP, Midstream and Natural Gas Conference hosted by Deutsche Bank in New York City....
May 03, 2017 17:53 ET
Sunoco LP Announces First Quarter Financial and Operating Results
DALLAS, May 3, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced financial and operating results for the three-month period ended March 31, 2017....
Apr 27, 2017 19:06 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, April 27, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the first quarter of 2017 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The first quarter distribution is unchanged from the fourth quarter 2016 distribution and reflects a 1.0 percent increase compared to the distribution for the first quarter of 2016.  The distribution will be paid on May 16, 2017 to common unitholders of record on May 9, 2017....
Apr 06, 2017 07:00 ET
Sunoco LP Announces Strategic Divestiture of Convenience Stores in Continental United States
DALLAS, April 6, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") today announced that it entered into a definitive asset purchase agreement for the sale of a majority of its convenience stores to 7-Eleven, Inc. ("7-Eleven").  ...
Apr 04, 2017 17:15 ET
Sunoco LP (Stripes Stores And APlus Stores) To Raise Funds For Children's Miracle Network Hospitals®
SALT LAKE CITY and DALLAS, April 4, 2017 /PRNewswire/ -- Now through May 3, Stripes® Convenience Stores and APlus® Stores will be asking customers to "Put Their Money Where The Miracles Are" and purchase a $1 Miracle Balloon to raise funds for Children's Miracle Network Hospitals (CMN Hospitals)....
Feb 27, 2017 10:38 ET
Sunoco LP Files 2016 Annual Report on Form 10-K
DALLAS, Feb. 27, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") on February 24, 2017, filed operational and financial results for the fiscal year ended December 31, 2016 on Form 10-K with the U.S. Securities and Exchange Commission. The Annual Report on Form 10-K is available in the Investor Relations section of the Partnership's website at www.SunocoLP.com under "SEC Filings," as well as on the SEC's website at www.sec.gov....
Feb 22, 2017 19:21 ET
/C O R R E C T I O N -- Sunoco LP/
In the news release issued 22-Feb-2017 by Sunoco LP over PR Newswire, we are advised by the company that the release was inadvertently issued with missing information. The complete, corrected release follows:...
Feb 20, 2017 08:00 ET
Sunoco LP Announces Sunoco Ultratech™, a TOP TIER™ Fuel Blend
DALLAS, Feb. 20, 2017 /PRNewswire/ -- Sunoco Ultratech™, a high detergent fuel blend, will be available to customers starting April 1, 2017 across all grades of gasoline at every Sunoco station across the country. The introduction of Sunoco Ultratech is the company's latest effort to provide customers with the high quality fuel they've come to expect from Sunoco....
Feb 01, 2017 16:59 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, Feb. 1, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2016 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis. The fourth quarter distribution is unchanged from the third quarter 2016 distribution and reflects a 3.0 percent increase compared to the distribution for the fourth quarter of 2015. The distribution will be paid on February 21, 2017 to common unitholders of record on February 13, 2017....
Jan 18, 2017 07:00 ET
Sunoco LP Announces Real Estate Portfolio Strategy
DALLAS, Jan. 18, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced today that the Partnership has retained NRC Realty & Capital Advisors, LLC ("NRC") to assist with strategic alternatives for more than 100 real estate assets.  Real estate assets included in this process are company-owned locations, undeveloped greenfield sites and other excess real estate. ...
Dec 21, 2016 16:15 ET
Sunoco LP Announces Amendment to its Credit Facilities
DALLAS, Dec.21, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced today it has amended certain key items of its $1.5 billion Revolving Credit Facility and $2.0 billion Term Loan Agreement to provide temporary covenant relief and financial flexibility over the upcoming quarters.  ...
Dec 07, 2016 09:31 ET
Learn how to target a 20% return on Apple, or get option-trade ideas on Deutsch Bank, Spark Therapeutics, Energy Transfer Equity and Citigroup or any stock you choose
CHICAGO, Dec. 7, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, C, DB, ETE, and ONCE....
Dec 06, 2016 07:00 ET
Sunoco LP to Participate in Wells Fargo Conference
DALLAS, Dec. 6, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that its senior management will hold 1x1 meetings with institutional investors today at the 15th Annual Wells Fargo Pipeline, MLP and Utility Symposium in New York City. ...
Nov 22, 2016 09:31 ET
Tesla Motors trade offers a 6.07% return in 60 days, or find similar option trades on Chipotle Mexican Grill, Vipshop Holdings, Energy Transfer Equity, and Dow Chemical
CHICAGO, Nov. 22, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CMG, DOW, ETE, TSLA, and VIPS....
Nov 09, 2016 16:06 ET
Sunoco LP Announces Third Quarter 2016 Financial and Operating Results
DALLAS, Nov. 9, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced financial and operating results for the three-month period ended September 30, 2016....
Oct 26, 2016 18:00 ET
Sunoco LP Maintains Quarterly Distribution
DALLAS, Oct. 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the third quarter of 2016 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The third quarter distribution is unchanged from the second quarter 2016 distribution and reflects a 10.7 percent increase compared to the distribution for the third quarter of 2015.   The distribution will be paid on November 15, 2016 to common unitholders of record on November 7, 2016....
Oct 12, 2016 17:30 ET
Sunoco LP Completes the Acquisition of the Convenience Store and Wholesale Fuel Distribution Business from Denny Oil
DALLAS, Oct. 12, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today that one of its wholly owned subsidiaries completed the acquisition of the retail convenience store assets and wholesale fuel business from Denny Oil for approximately $53 million. This acquisition includes six company-operated locations and wholesale fuel supply contracts for a network of approximately 120 independent dealer-owned and dealer-operated locations and a commercial fuels business in the Eastern Texas and Louisiana markets. The business distributes approximately 90 million gallons of retail and...
Sep 21, 2016 08:45 ET
Sunoco LP to Participate in Upcoming J.P. Morgan and Deutsche Bank Conferences
DALLAS, Sept. 21, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced that its senior management will hold 1x1 meetings with institutional investors today at the J.P. Morgan Mid-West Energy Infrastructure/MLP 1x1 Forum in Chicago, Illinois, and on Tuesday, September 27, at the Deutsche Bank Leveraged Finance Conference in Scottsdale, Arizona. ...
Sep 06, 2016 07:10 ET
Sunoco LP to Participate in Barclays and Goldman Sachs Conferences this Week
DALLAS, Sept. 6, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that its senior management will hold 1x1 meetings with institutional investors today at the Barclays CEO Energy-Power Conference and on Wednesday at the Goldman Sachs 23rd Annual Global Retailing Conference, both in New York City....
Aug 31, 2016 20:18 ET
Sunoco LP Completes the Acquisition of the Wholesale Fuel Distribution and Terminalling Business from Emerge Energy Services LP
DALLAS, Aug. 31, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the acquisition of the fuels business (the "Fuels Business") from Emerge Energy Services LP (NYSE: EMES) ("Emerge") for $167.7 million, plus working capital adjustments.  The Fuels Business comprises Arlington-based Direct Fuels LLC and Birmingham-based Allied Energy Company LLC, both wholly owned subsidiaries of Emerge, and engages in the processing of transmix and the distribution of refined fuels....
Aug 31, 2016 10:00 ET
Safeway Partners with Sunoco to Bring Popular Gas Rewards Program to East Coast Sunoco Stations
LANHAM, Md., Aug. 31, 2016 /PRNewswire/ -- Safeway and Sunoco LP have teamed up to expand Safeway's popular Gas Rewards program to Sunoco stations in parts of Delaware, Maryland, Virginia and Washington D.C....
Aug 29, 2016 10:31 ET
Learn how to target a 20% return on Apple, or get option-trade ideas on Resolute Energy Corporation, Autodesk, Intrexon and Energy Transfer Equity or any stock you choose
CHICAGO, Aug. 29, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, ADSK, ETE, REN, and XON....
Aug 19, 2016 10:31 ET
Learn how to target a 20% return on 3D Systems, or get option-trade ideas on Energy Transfer Equity, Mobileye NV, Applied Materials Inc. and Smith & Wesson or any stock you choose
CHICAGO, Aug. 19, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMAT, DDD, ETE, MBLY, and SWHC....
Aug 11, 2016 08:00 ET
Sunoco LP to Participate in Goldman Sachs and Citi Conferences
DALLAS, Aug. 11, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that its senior management team will be participating this month in two investor conferences....
Aug 03, 2016 21:22 ET
Sunoco LP Announces Second Quarter 2016 Financial and Operating Results
DALLAS, Aug. 3, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced financial and operating results for the three-month period ended June 30, 2016.  ...
Jul 26, 2016 17:10 ET
Sunoco LP Announces 1.0% Increase in Quarterly Distribution
DALLAS, July 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner has declared a quarterly distribution for the second quarter of 2016 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis. This represents a 1.0 percent increase compared to the distribution for the first quarter of 2016 and a 19.1 percent increase compared with the second quarter of 2015. This increase marks the thirteenth consecutive quarter that SUN has raised its distribution. ...
Jun 28, 2016 08:00 ET
Sunoco LP to Present Today at the J.P. Morgan Inaugural Energy Equity Conference
DALLAS, June 28, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced that management will participate today in the J.P. Morgan Inaugural Energy Equity Conference in New York City.  Sunoco President and Chief Executive Officer Bob Owens will make a presentation at 3:40 p.m. Eastern Time. The presentation will be webcast and may be accessed from Sunoco's Investor Relations website under the "Events & Presentations" section....
Jun 23, 2016 19:26 ET
Sunoco LP Enters into Definitive Agreement to Purchase Wholesale Fuel Distribution and Terminalling Business
DALLAS, June 23, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a definitive agreement to purchase the fuels business (the "Fuels Business") from Emerge Energy Services LP (NYSE: EMES) ("Emerge") for $178.5 million, subject to working capital adjustments.  The Fuels Business comprises Dallas-based Direct Fuels LLC and Birmingham-based Allied Energy Company LLC, both wholly owned subsidiaries of Emerge, and engages in the processing of transmix and the distribution of refined fuels....
Jun 22, 2016 17:06 ET
Sunoco LP Completes Acquisition of Texas-based Convenience Store and Wholesale Fuel Distribution Business
DALLAS, June 22, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today that one of its wholly owned subsidiaries completed the acquisition of the "Rattlers" retail convenience store assets and wholesale fuel business from Kolkhorst Petroleum, Inc. This acquisition includes 14 company-operated locations and wholesale fuel supply contracts for a network of independent dealer-owned and dealer-operated locations in the greater Austin, Houston and Waco, Texas markets.  The business distributes approximately 46 million gallons of retail and wholesale fuel annually.  As part of the ...
May 04, 2016 08:45 ET
Sunoco LP Announces 1Q 2016 Earnings Conference Call Schedule
HOUSTON, April 21, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its first quarter 2016 financial and operating results after the market closes on Wednesday, May 4. In conjunction with the news release, management will hold a conference call on Thursday, May 5, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the Partnership's results. ...
May 04, 2016 07:00 ET
Sunoco LP Appoints Thomas R. Miller as Chief Financial Officer
HOUSTON, May 4, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced the appointment of Thomas R. Miller as Chief Financial Officer of Sunoco GP LLC, the general partner of Sunoco, effective May 9, 2016....
Apr 26, 2016 08:00 ET
Sunoco LP Announces 2.0% Increase in Quarterly Distribution
HOUSTON, April 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced that the Board of Directors of its general partner has declared a quarterly distribution for the first quarter of 2016 of $0.8173 per common unit, which corresponds to $3.2692 per common unit on an annualized basis.  This represents a 2.0 percent increase compared to the distribution for the fourth quarter of 2015 and a 26.7 percent increase compared with the first quarter of 2015.  This increase marks the twelfth consecutive quarter that Sunoco LP has raised its distribution. ...
Apr 21, 2016 17:09 ET
Sunoco LP Announces 1Q 2016 Earnings Conference Call Schedule
HOUSTON, April 21, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its first quarter 2016 financial and operating results after the market closes on Wednesday, May 4. In conjunction with the news release, management will hold a conference call on Thursday, May 5, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the Partnership's results. ...
Apr 04, 2016 17:45 ET
Sunoco LP Announces Upsizing and Pricing of Private Offering of Senior Notes Due 2021
HOUSTON, April 4, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has priced at 100% an upsized private offering of $800 million in aggregate principal amount of 6.25% senior notes due 2021 (the "notes"). This represents a $300 million increase in the original offering amount. Sunoco Finance Corp., a wholly owned direct subsidiary of Sunoco, will serve as co-issuer of the notes. The sale of the notes is expected to settle on April 7, 2016, subject to the satisfaction of customary closing conditions.  ...
Apr 04, 2016 08:21 ET
Sunoco LP Announces Private Offering of Senior Notes Due 2021
HOUSTON, April 4, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced a private offering of $500 million of senior notes due 2021 (the "Notes"). Sunoco Finance Corp., a wholly owned direct subsidiary of Sunoco, will serve as co-issuer of the Notes. Sunoco intends to use the net proceeds from the offering to repay a portion of the Term Loan A, which was entered into to finance a portion of the cash consideration for the acquisition of the remaining 68.42% interest in Sunoco, LLC and 100% interest in Sunoco Retail LLC, the legacy Sunoco convenience store business....
Mar 31, 2016 17:35 ET
Energy Transfer Partners and Sunoco LP Complete the Dropdown of Remaining Wholesale Fuel and Retail Marketing Assets
DALLAS and HOUSTON, March 31, 2016 /PRNewswire/ -- Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco LP (NYSE: SUN) announced today that they have completed the previously announced dropdown to SUN of the remaining 68.42% interest in Sunoco, LLC and 100% interest in Sunoco Retail LLC, which owns the legacy Sunoco convenience store business, for approximately $2.226 billion. ...
Mar 11, 2016 10:00 ET
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Williams Partners L.P. (WPZ) and Lead Plaintiff Deadline: May 6, 2016
NEW YORK, March 11, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, notifies investors of class action against Williams Partners L.P. ("Williams Partners" or "the Company") (NYSE: WPZ). The class action has been filed on behalf of a class consisting of all persons or entities who purchased Williams Partners securities during the period between May 13, 2015 and June 19, 2015 inclusive (the "Class Period").  ...
Feb 26, 2016 16:05 ET
Sunoco LP Files 2015 Annual Report on Form 10-K
HOUSTON, Feb. 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) today filed operational and financial results for the fiscal year ended December 31, 2015 on Form 10-K with the U.S. Securities and Exchange Commission. The Annual Report on Form 10-K is available in the Investor Relations section of the Partnership's website at www.SunocoLP.com under "SEC Filings," as well as on the SEC's website at www.sec.gov....
Feb 24, 2016 21:18 ET
Sunoco LP Announces 4Q and Full Year 2015 Financial and Operating Results
HOUSTON, Feb. 24, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced financial and operating results for the three- and twelve-month periods ended December 31, 2015.  ...
Feb 24, 2016 07:45 ET
Sunoco LP Announces 4Q 2015 Earnings Conference Call Schedule
HOUSTON, Jan. 29, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its fourth quarter 2015 financial and operating results after the market closes on Wednesday, February 24. In conjunction with the news release, management will hold a conference call on Thursday, February 25, at 9:00 a.m. Central Time (10 a.m. Eastern Time) to discuss the Partnership's results. ...
Jan 29, 2016 11:00 ET
Sunoco LP Announces 4Q 2015 Earnings Conference Call Schedule
HOUSTON, Jan. 29, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) will release its fourth quarter 2015 financial and operating results after the market closes on Wednesday, February 24. In conjunction with the news release, management will hold a conference call on Thursday, February 25, at 9:00 a.m. Central Time (10 a.m. Eastern Time) to discuss the Partnership's results. ...
Jan 26, 2016 09:00 ET
Sunoco LP Announces 7.5% Increase in Quarterly Distribution
HOUSTON, Jan. 26, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced that the Board of Directors of its general partner has declared a quarterly distribution for the fourth quarter of 2015 of $0.8013 per common unit, which corresponds to $3.2052 per common unit on an annualized basis.  This represents a 7.5 percent increase compared to the distribution for the third quarter of 2015 and a 33.6 percent increase compared with the fourth quarter of 2014.  This increase marks the eleventh consecutive quarter that Sunoco LP has raised its distribution. ...