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Stock Market & Financial Investment News

News Breaks
July 14, 2014
07:04 EDTCHK, EXH, BHP, EXLPExterran Partners to acquire natural gas compression assets from MidCon
Exterran Partners, L.P. (EXLP) and Exterran Holdings, Inc. (EXH) announced that Exterran Partners has entered into an agreement to acquire natural gas compression assets from MidCon Compression, L.L.C., a subsidiary of Chesapeake Energy Corporation (CHK), for approximately $135M. The assets to be acquired include 162 compression units, with a total horsepower of approximately 110,000. The majority of the units currently are being used to provide compression services to BHP Billiton Petroleum (BHP) in Arkansas’ Fayetteville Shale. In connection with the acquisition, the contract operations services agreement with BHP Billiton Petroleum will be assigned to Exterran Partners effective as of the closing. “We expect the transaction to be immediately accretive to distributable cash flow per limited partner unit,” said David Miller, Senior Vice President and CFO of Exterran Partners’ managing general partner. “As a result of this acquisition, we expect to recommend to the Board of Exterran Partners’ managing general partner that Exterran Partners increase the distribution to limited partner unit holders by an incremental $0.02 per limited partner unit on an annualized basis, or an incremental $0.005 per limited partner unit on a quarterly basis, beginning in the quarter that the transaction closes.” Exterran Partners and Exterran Holdings do not expect that the Omnibus Agreement between Exterran Partners and Exterran Holdings will be amended to adjust the caps on operating costs or selling, general and administrative costs as a result of this transaction. The acquisition, which is expected to be financed using credit available under Exterran Partners’ revolving credit facility, is subject to closing conditions and is expected to close in the third quarter 2014.
News For EXLP;EXH;CHK;BHP From The Last 14 Days
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July 24, 2015
10:37 EDTCHKOptions with increasing implied volatility
Options with increasing implied volatility: LOCK DUST JNUG CHK LINE ABX TCK GDX LNKD FCX
07:12 EDTEXHExterran delays spinoff of international services and global fabrication unit
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07:12 EDTEXHExterran delays spinoff of international services and global fabrication unit
06:09 EDTCHKChesapeake implied volatility of 107 at upper end of index
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July 23, 2015
11:57 EDTCHKOptions with increasing put volume
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10:30 EDTCHKOptions with increasing implied volatility
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05:07 EDTEXHExterran provides update on spin-off
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July 22, 2015
10:01 EDTCHKOn The Fly: Analyst Downgrade Summary
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07:54 EDTCHKChesapeake downgraded to Neutral at Credit Suisse
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06:25 EDTCHKChesapeake downgraded to Neutral from Outperform at Credit Suisse
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05:36 EDTBHPBHP Billiton reports FY15 group production up 9%
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05:24 EDTCHKStocks with implied volatility movement; CHK CRM
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July 21, 2015
16:01 EDTCHKOptions Update; July 21, 2015
iPath S&P 500 VIX Short-Term Futures down 13c to 16.20. Option volume leaders: AAPL BAC FB BAC MSFT NFLX AMD IBM CHK
10:31 EDTCHKOptions with increasing implied volatility
Options with increasing implied volatility: DUST JNUG LINE CHK CNX INSY ABX GG GDX NEM
10:01 EDTCHKOn The Fly: Analyst Downgrade Summary
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09:28 EDTCHKChesapeake downgraded to Hold from Buy at Simmons
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07:07 EDTCHKChesapeake to sell substantially all properties held by CHK Cleveland Tonkawa
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07:06 EDTCHKChesapeake to eliminate common dividend effective Q3
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07:05 EDTCHKChesapeake to eliminate common dividend effective Q3
July 20, 2015
06:03 EDTCHKStocks with implied volatility movement; CHK CNX
Stocks with implied volatility movement; Chesapeake (CHK) 76, CONSOL (CNX) 64 according to iVolatility.
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