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Stock Market & Financial Investment News

News Breaks
July 1, 2014
08:05 EDTTEPTallgrass Energy increases quarterly distribution by 16.9% to 38c
Tallgrass Energy announced that the board of its general partner declared a quarterly cash distribution to partners of 38c per common unit for Q2, or $1.52 on an annualized basis. This represents an amount that is 32.2% over TEP's minimum quarterly distribution and a 16.9% increase from the Q1 distribution of 32.5c. The increase is in conjunction with and related to the acquisition of Trailblazer Pipeline on April 1. The quarterly distribution will be paid on August 14 to unitholders of record as of the close of business on Wednesday, July 30.
News For TEP From The Last 14 Days
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December 18, 2014
08:10 EDTTEPTallgrass Pony Express Pipeline extends open seasons
Tallgrass Pony Express Pipeline, LLC announced that it is extending its local open season and its joint open season with Hiland Crude, LLC to accommodate interested shippers. The extension will end on Jan. 23, 2015. Beginning in mid-2015, Pony Express expects to provide shippers who commit to the full expansion a pro-rata share of interim capacity of approximately 100,000 barrels per day. The company expects to complete construction of all new facilities in 2016.

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