New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 28, 2014
09:02 EDTEXLP, EXH, CHK, ACMPChesapeake announces midstream compression asset sales
Chesapeake Energy Corporation (CHK) announced the execution of two agreements to sell midstream compression assets for total proceeds of approximately $520M. Access Midstream Partners, L.P. (ACMP) and Exterran Partners, L.P. (EXLP) have agreed to purchase an aggregate of 437 compression units and related assets from Chesapeake subsidiary MidCon Compression, L.L.C. in two separate transactions which, subject to certain closing conditions, are expected to close before the end of the 2014 second quarter. Access Midstream Partners has agreed to purchase 103 compression units with a combined capacity of approximately 200,000 horsepower for $160M. The units service gathering systems in Ohio, Pennsylvania and West Virginia. Exterran Partners has agreed to purchase 334 compression units with a combined capacity of approximately 440,000 horsepower for approximately $360M. The units service gathering systems in Arkansas, Louisiana, Oklahoma, Texas and Wyoming. Chesapeake’s CFO, Domenic J. Dell’Osso, Jr., commented, “Chesapeake continues to streamline its overall portfolio to focus on our core assets. These sales are consistent with this strategy and will generate more than $500M towards improving our balance sheet, while having minimal impact on our 2014 cash flow guidance.”
News For EXLP;EXH;CHK;ACMP From The Last 14 Days
Check below for free stories on EXLP;EXH;CHK;ACMP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 20, 2014
11:58 EDTCHKCaterpillar, five others should benefit from global recovery, Barron's says
Caterpillar (CAT), Teradata (TDC), Kennametal (KMT), Capital One Financial (COF), T. Rowe Price Group (TROW), and Chesapeake Energy (CHK) are all relatively cheap and should benefit from global recovery, Barron's contends in its cover article. Reference Link
July 14, 2014
07:04 EDTCHK, EXH, EXLPExterran Partners to acquire natural gas compression assets from MidCon
Subscribe for More Information
July 10, 2014
12:59 EDTCHKChesapeake up against bid-rigging case, Reuters says
Subscribe for More Information
10:05 EDTEXLPOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:39 EDTCHKRice Energy shares offer good value after pullback, says BMO Capital
Subscribe for More Information

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