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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.
News For EPD From The Last 14 Days
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April 17, 2014
09:59 EDTEPDOn The Fly: Analyst Downgrade Summary
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05:36 EDTEPDEnterprise Products downgraded to Hold from Buy at Jefferies
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April 8, 2014
16:12 EDTEPDEnterprise Products increases dividend 6% to 71c
Enterprise Products Partners announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to 71c per common unit, or $2.84 per unit on an annualized basis. The quarterly distribution will be paid on Wednesday, May 7 to unitholders of record as of the close of business on Wednesday, April 30. This distribution, which represents a 6.0% increase over the 67 per unit distribution declared with respect to the Q1 of FY13, is the 48th distribution increase since Enterprise’s initial public offering in 1998 and the 39th consecutive quarterly increase.

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