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Stock Market & Financial Investment News

News Breaks
May 15, 2014
14:25 EDTSWN, COG, DTEDTE Energy to significantly expand Bluestone Pipeline
DTE Energy's (DTE) Gas Storage and Pipeline segment has secured long-term gathering commitments with Southwestern Energy Co. (SWN) and Cabot Oil & Gas Corp. (COG) which will significantly expand the Bluestone Pipeline. The incremental Bluestone Pipeline capacity is supported by long-term agreements with minimum term commitments ranging from 10-15 years. Once in-service, the expansion facilities will increase the capacity of the Bluestone Pipeline from 600,000 Dth/day to 975,000 Dth/day, a greater than 60% increase in capacity since the gathering system first came online in late 2012. The 44.5 mile Bluestone Pipeline and Gathering system can currently transport up to 600,000 Dth/day combined to both the Millennium Pipeline in Broome County, N.Y. and the Tennessee Gas Pipeline in Susquehanna County, Pa.
News For COG;SWN;DTE From The Last 14 Days
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November 19, 2014
13:01 EDTSWN, DTEDTE Energy announces expansion in Bluestone system
DTE Energy (DTE) and Southwestern Energy Co. (SWN) signed an agreement to significantly expand their relationship centered on the Bluestone Pipeline and in-field gathering system. The new gathering agreement increases the infrastructure footprint associated with DTE Energy's gathering assets by approximately 50% in Susquehanna County, Pa. This agreement also increases Southwestern's transportation capacity on the Bluestone Pipeline. The 44.5-mile Bluestone Pipeline can deliver approximately 0.8 Bcf/day of gas to both the Millennium Pipeline in Broome County, N.Y., and the Tennessee Gas Pipeline in Susquehanna County, and is currently increasing its capacity to 1.0 Bcf/d by mid-2016.
November 18, 2014
15:13 EDTSWNSouthwestern Energy cancels presentation at Ladenburg event, Bloomberg reports
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November 17, 2014
07:16 EDTCOGTopeka to hold a bus tour
Houston Bus Tour travels throughout Houston, Texas on November 17-18.
November 14, 2014
12:53 EDTCOGOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
November 12, 2014
07:31 EDTCOGBofA/Merrill to hold a conference
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November 11, 2014
09:50 EDTDTEBofA/Merrill to hold events at the 49th EEI Financial Conference
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November 10, 2014
17:13 EDTDTEDTE Energy sees FY15 EPS $4.43-$4.67, consensus $4.60
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17:13 EDTDTEDTE Energy reaffirms FY14 EPS view $4.28-$4.42 , consensus $4.36
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16:28 EDTDTEDTE Energy announces plan to purchase Renaissance Power Plant for $240M
DTE Energy announced its plan to purchase the Renaissance Power Plant, a 732 megawatt simple-cycle natural gas facility, for $240M. DTE expects to complete the transaction during 1Q15. The facility, located in Carson City, Michigan, and currently owned by The LS Power Group, will allow DTE to meet the peak demand of approximately 260,000 households on a hot summer day. The purchase will allow DTE to address its current and future resource adequacy requirements.
15:16 EDTDTEEdison Electric Institute to hold a conference
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