New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:42 EDTCPNO, KMPCopano Energy backs 2013 adjusted EBITDA view $300M-$330M
Total distributable cash flow unchanged from previous guidance at $220M-$240M. Common unit distribution to remain at $0.575 per quarter due to merger agreement with Kinder Morgan Energy Partners (KMP). Expansion capital expenditures to increase to $400M-$450M compared to previous guidance of $250M-$300M primarily due to addition of the DK pipeline loop, a 65-mile, $100M project to loop the DK pipeline from DeWitt County to Copano's Houston Central complex, as well as other new capital projects in Texas and Oklahoma.
News For CPNO;KMP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 4, 2015
06:29 EDTKMPKinder Morgan Trans Mountain pipeline expansion meets opposition, WSJ says
Kinder Morgan's $4.3B proposal to burrow through Burnaby Mountain is encountering opposition in nearby Vancouver, reports the Wall Street Journal. Kinder's proposed expansion would triple the capacity of the Trans Mountain pipeline and allow Alberta oil sands producer to move 890,000 BPD, while Kinder says it is already planning to increase crude oil shiploads to foreign markets to 34 ships per month. The company plans to start construction in 2016 and complete the project by late 2017, though the expansion is still being reviewed by Canadian regulators who aren't expected to issue a verdict until early 2016. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use