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Stock Market & Financial Investment News

News Breaks
December 13, 2012
10:03 EDTCOP, NSNuStar Energy to expand Eagle Ford crude oil pipeline system
NuStar Energy (NS) announced that it has entered into a long-term Pipeline and Terminal Services Agreement with ConocoPhillips (COP) that will allow expansion of NuStar's South Texas Crude Oil Pipeline System. The agreement will include a pipeline expansion project for NuStar that will allow NuStar to serve ConocoPhillips' growing production in the Eagle Ford Shale play, and new pipeline and terminal facilities will provide Eagle Ford producers with a cost-effective transportation alternative for their growing production. Anastasio stated that NuStar expects to invest approximately $100M-$120M for these expansions, which are backed by a 10-year throughput commitment. According to Anastasio, the projects are expected to generate approximately $15M in incremental, annual EBITDA once fully implemented. He noted that while the expansions would generate some EBITDA in 2013, the vast majority will be earned in 2014 and beyond.
News For NS;COP From The Last 14 Days
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May 25, 2015
13:23 EDTCOPCenovus Energy pauses operations at Foster Creek, Athabasca due to forest fire
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May 21, 2015
07:25 EDTCOPUBS to hold a conference
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May 20, 2015
07:26 EDTCOPUBS to hold a conference
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May 19, 2015
14:54 EDTNSNuStar Energy, CHS pursue alliance to expand pipeline, terminal infrastructure
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May 18, 2015
06:06 EDTCOPConocoPhillips sees holding CapEx flat for next three years, Reuters reports
ConocoPhillips CEO Ryan Lance told Reuters in an interview that the energy company is planning to hold its capital expenditure level over the next three years. The company cut its 2015 capital budget to $11.5B in January due to the oil price drop, but now sees maintaining the CapEx view for three years despite a slight recovery in oil prices. Reference Link
May 15, 2015
16:34 EDTNSNuStar Energy files $500M of common units representing limited partner interests
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09:01 EDTCOPErin Energy receives government approval for license extension in The Gambia
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06:44 EDTCOPEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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May 14, 2015
07:51 EDTCOPConocoPhillips management to meet with Deutsche Bank
Meeting to be held in Toronto on May 14 hosted by Deutsche Bank.
May 13, 2015
10:43 EDTCOPConocoPhillips repeats FY15 2%-3% production growth view
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07:45 EDTCOPConocoPhillips management to meet with Deutsche Bank
Meetings to be held in Montreal/Toronto on May 13 hosted by
05:54 EDTCOPStocks with implied volatility movement; SDS COP
Stocks with implied volatility movement; UltraShort S&P500 ProShares (SDS) 27, ConocoPhillips (COP) 25 according to iVolatility.
May 12, 2015
08:04 EDTCOPCitigroup to hold a conference
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