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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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November 17, 2014
08:34 EDTTEPTallgrass Pony Express, Hiland Crude announce joint open season
Tallgrass Pony Express Pipeline and Hiland Crude, LLC announced a joint open season soliciting shipper commitments for crude oil transportation service under a joint tariff from receipt points on the Hiland Double H Pipeline at Hilandís Sieler station in Montana and the North Wright and Douglas stations in Wyoming to delivery points at Cushing, Okla. The two companies expect this open season to end on Dec. 12. Hiland will construct expansion capacity above its currently contracted and walk-up system capacity of 50,000 barrels per day, and Pony Express will construct expansion capacity above its currently contracted and walk-up system capacity of 230,000 barrels per day

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