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Stock Market & Financial Investment News

News Breaks
June 24, 2014
08:43 EDTRRMS, CHKRose Rock closes transaction to acquire assets from Chesapeake
Rose Rock Midstream (RRMS) announced that it has closed the transaction to acquire crude oil trucking assets from a subsidiary of Chesapeake (CHK). The acquisition includes 124 trucks, 122 trailers and miscellaneous equipment operating in Texas, Oklahoma and Ohio, approximately 200 employees and term transportation agreement at market rates with Chesapeake Energy Marketing, a wholly owned subsidiary of Chesapeake. Following the close of the acquisition, Rose Rock now operates a fleet of more than 250 trucks with approximately 350 employees, servicing the Bakken, DJ / Niobrara, Eagle Ford, Granite Wash, Mississippi Lime, Permian, San Juan and Utica plays.
News For RRMS;CHK From The Last 14 Days
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April 23, 2015
16:38 EDTRRMSRose Rock Midstream raises Q1 distribution by 2.4% to 63.5c per unit
Rose Rock Midstream announced that the board of its general partner has declared a cash distribution for Q1 of 63.5c per unit, or $2.54 per unit on an annualized basis. This distribution represents an increase of approximately 2.4% over the prior quarter's distribution of 62c per unit. The distribution will be paid on May 15, to all unitholders of record on May 5.
April 22, 2015
10:25 EDTCHKNomura U.S. energy analysts hold an analyst/industry conference call
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07:13 EDTCHKChesapeake initiated with a Reduce at Nomura
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April 20, 2015
10:43 EDTCHKStocks with call strike movement; AAL CHK
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April 14, 2015
10:31 EDTCHKAELP says McClendon did not approve Chesapeake settlement
Aubrey McClendon and American Energy Partners, LP responded to the announcement by American Energy Utica and The Energy & Minerals Group that Chesapeake Energy (CHK) has dismissed AEU and the John Doe Defendants 1-20 from the lawsuit filed by Chesapeake on February 17. The statement read, "AEU apparently chose to settle with Chesapeake before any discovery was taken, evidently for the business purpose of mitigating further damage that Chesapeake's litigation has been having on AEU's business and financing activities. AEU has the right to resolve the case in this fashion, but this resolution should not be mistaken as reflecting an informed view of the merits of Chesapeake's claims or a concession of any liability by any party to Chesapeake. Although Mr. McClendon is a director and the single largest non-institutional shareholder in AEU, he did not approve the settlement and neither he nor AELP were advised of the negotiated terms of this settlement. AELP and Mr. McClendon will continue their efforts to have the dispute arbitrated as required by Mr. McClendon's agreements with Chesapeake. As he will show in the appropriate forum, Mr. McClendon rightfully possesses an extensive array of information about more than 16,000 wells, and the related leasehold acreage and future wells, he jointly owns with Chesapeake, including land, well, title, accounting, geological, engineering, reservoir, operating, marketing, and performance information. Mr. McClendon's well-documented agreements with Chesapeake gave him the right to own and use this information for his own purposes, including sharing it with his employees, contractors, advisors, consultants and affiliated entities."
10:16 EDTCHKAmerican Energy - Utica dismissed from Chesapeake lawsuit
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