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Stock Market & Financial Investment News

News Breaks
December 20, 2012
17:00 EDTD, WPZCaiman in $1.5B JV with Dominion to develop midstream assets
EnCap Flatrock also announced that midstream portfolio company Caiman Energy II has entered into an agreement with Dominion (D) to form a $1.5B joint venture that will provide midstream services to natural gas producers operating in the Utica shale in Ohio and Pennsylvania. Caiman Energy II and Dominion are expected to close on the formation of Blue Racer Midstream, LLC by the end of the year. Caiman will contribute up to $800M in equity commitments from sources that include EnCap Flatrock Midstream, Williams Partners (WPZ) and Highstar Capital. EnCap Flatrock will support Blue Racer by contributing up to $285M to Caiman Energy II, with Williams Partners contributing up to $380M, Highstar Capital contributing up to $95M, and Caimanís management group contributing up to $40M. Dominion will contribute gathering and processing assets including Dominion East Ohioís rich gas gathering system and the Natrium Extraction Plant currently under construction in Marshall County, West Virginia.
News For D;WPZ From The Last 14 Days
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September 30, 2014
17:49 EDTDDominion accepts FERC order approving Conver Point LNG project
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06:50 EDTDExxon Mobil , Qatar looking to export natural gas, NY Times says
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05:10 EDTDDominion announces FERC approval of Cove Point LNG export project
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September 26, 2014
10:01 EDTDOn The Fly: Analyst Upgrade Summary
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07:24 EDTDDominion upgraded to Buy from Hold at Argus
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September 24, 2014
10:35 EDTWPZHigh option volume stocks
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