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Stock Market & Financial Investment News

News Breaks
February 13, 2013
13:35 EDTCHSCP, KMP, SECHS unit to invest $15M in Express Pipeline connection
CHS Inc. (CHSCP) announced it will build a seven-mile connection in central Montana to link its Front Range Crude Oil pipeline with the Kinder Morgan Express Pipeline. Kinder Morgan-Canada and Front Range Pipeline, a wholly owned CHS subsidiary, will construct storage, pipeline, and other associated equipment needed to connect the Express Pipeline to the Front Range Pipeline near Buffalo, Mont. Front Range Pipeline will invest about $15M in the connecting pipeline and associated equipment. Pending permitting and other approvals, the project is expected to begin this summer with completion estimated for fall 2014. Kinder Morgan Energy Partners (KMP), along with its partners entered into a definitive agreement to sell 100% of the Express Pipeline System to Spectra Energy (SE). The transaction is subject to customary consents and regulatory approvals and is expected to close in 1H.
News For CHSCP;KMP;SE From The Last 14 Days
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September 30, 2014
17:47 EDTKMPKinder Morgan Energy announces extension of Palmetto Project open season
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September 29, 2014
10:02 EDTKMPKinder Morgan announces NOVA Chemicals as anchor shipper for Utopia project
Kinder Morgan Energy Partners announced it has received a long-term transportation agreement from NOVA Chemicals Corporation to transport ethane and ethane-propane mixtures from the prolific Utica shale area through its previously announced Utica To Ontario Pipeline Access project, which is currently in a binding open season that began Sept. 5, 2014, and will close on Oct. 6, 2014. As part of the UTOPIA project, Kinder Morgan Cochin will develop, construct, own and operate a 240-mile, 12-inch diameter pipeline from Harrison County, Ohio, to Kinder Morganís Cochin Pipeline near Riga, Michigan, where the company would then move product eastward to Windsor, Ontario, Canada. UTOPIA would have an initial 50,000 barrels per day of capacity, which is expandable to more than 75,000 bpd. The approximately $500M pipeline project is expected to be in service by early 2018 with the receipt of timely permitting and regulatory approvals.
September 23, 2014
16:33 EDTCHSCPCHS Inc. and United Prairie announce potential partnership
CHS Inc. and United Prairie, LLC, a leading full-service agronomy retailer in central, Ill., announced CHS has agreed in principal to join United Prairie as a new partner and owner. "CHS as a new partner will allow us to bring additional services and cutting edge technologies to our customers," said Tim Hughes, general manager, United Prairie, LLC. "As a locally owned company we are always focused on bringing better services and offerings to our patrons. Adding CHS to our ownership group accomplishes that mission and more. This is a real win-win for the patrons and employees of United Prairie and CHS."
September 19, 2014
12:39 EDTKMPKinder Morgan spends over $1.5B for hub construction, Reuters says
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September 18, 2014
11:01 EDTCHSCPCHS Inc., Broadbent Grain form partnership to increase container shipments
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September 17, 2014
17:09 EDTKMPTGP offers Maine long-term contract for natural gas pipeline capacity
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07:36 EDTSEWolfe Research to hold a conference
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07:11 EDTSENortheast Utilities natural gas project positive, says Wells Fargo
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