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Stock Market & Financial Investment News

News Breaks
December 27, 2012
08:47 EDTEPDEnterprise to begin open season for proposed expansion of Panola system
Enterprise Products Partners affiliate Panola Pipeline announced the start of a binding open season to seek shipper support for a proposed expansion of the Carthage to Lufkin segment of its natural gas liquids pipeline system. The Panola Pipeline is a 181-mile pipeline that originates near Carthage in Panola County, Texas and supports the Haynesville and Cotton Valley oil and gas production areas. Depending on shipper response to the open season, the Panola expansion project will be designed to accommodate approximately 15,000 barrels per day of incremental capacity. Achieving the additional capacity would involve installing pumps and related equipment. The additional capacity would be available mid to late 2Q13.
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July 31, 2014
08:44 EDTEPDEnterprise Products says project backlog still 'under construction'
The company said, "Our backlog of projects still under construction is approximately $6B with expected completion dates extending through 2016. Our large integrated system continues to create new business opportunities. We are working hard to further our success in turning these opportunities into capital projects that will provide new streams of cash flow to support future distribution growth.”
08:43 EDTEPDEnterprise Products reports Q2 EPS 68c, consensus 74c
Reports Q2 revenue $12.52B, consensus $12.88B.
06:10 EDTEPDEnterprise Products reports Q2 total natural gas pipelines volumes down 6%
Enterprise’s natural gas liquid, crude oil, refined products and petrochemical pipeline volumes for the second quarter increased 7% to a record 5.2M barrels per day. Total natural gas pipeline volumes decreased 6% to 13.2T British thermal units per day for the second quarter. NGL fractionation volumes for the second quarter increased 25% to a record 845,000 barrels per day. Fee-based natural gas processing volumes for the second quarter of 2014 increased 8% to a record 4.9B cubic feet per day, while equity NGL production for the second quarter of 2014 increased 15% to 136 MBPD;
06:08 EDTEPDEnterprise Products reports Q2 EPS 68c, may not be comparable to consensus 74c
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July 30, 2014
17:11 EDTEPDEnterprise, Genesis complete crude oil pipeline in deepwater Gulf of Mexico
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