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Stock Market & Financial Investment News

News Breaks
April 24, 2014
05:16 EDTWPZ, WMBWilliams Partners shuts down Opal, WY gas processing facility after explosion
Williams Partners (WPZ) and Williams (WMB) reported an explosion and fire at approximately 2 p.m. Mountain Time at their natural gas processing facility in Lincoln County, WY, near the town of Opal. There were no reported injuries or damage to property outside the facility. The facility was immediately shut down and emergency procedures were activated. All personnel were safely evacuated from the facility. First-responders evacuated an area that includes the town of Opal and closed Highway 30 in proximity to the plant. Williams is making accommodations for the displaced residents. The companyís top priority right now is ensuring the safety of our employees and surrounding community, as well as cooperating with the local authorities and regulatory agencies. Natural-gas gathering from surrounding producing areas is temporarily suspended as a result of the incident. The company is evaluating alternatives so that natural gas production can resume as soon as possible. The Opal facility processes natural gas gathered from wells in the area in preparation for interstate natural gas pipeline transport. It also produces natural gas liquids from the natural gas. The Opal plant has an inlet capacity of 1.5B cubic feet of natural gas per day. Recent daily volumes have been approximately 1B cubic feet of natural gas. The incident is known to have affected TXP-3, one of the five cryogenic processing trains that comprise the Opal facility. It is too early to determine the extent of damage to the facility or a timeline for return to service. Once it is safe to return to the plant, Williams will conduct a thorough investigation into the cause of the incident in cooperation with regulators.
News For WPZ;WMB From The Last 14 Days
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October 24, 2014
14:05 EDTWPZConstitutional Pipeline receives FERC final environmental review
Constitution Pipeline Company reported a key regulatory milestone toward approval to construct its proposed pipeline on a schedule that targets increasing natural gas supply to New York and New England markets in time for the winter 2015-16 heating season. The Federal Energy Regulatory Commission, or FERC, on Oct. 24 published its final environmental review of the proposed 124-mile Constitution Pipeline. The FERC action is a key step toward the commission's decision on the project, which is expected as early as late November. Assuming timely receipt of all necessary regulatory approvals, Constitution Pipeline would begin construction as early as the first-quarter next year in order to help meet winter 2015-16 heating-season needs in New York and New England. The FERCís 90-day federal authorization decision deadline for the project is set for Jan. 22, 2015. Constitution Pipeline Company is owned by subsidiaries of Williams Partners L.P. (WPZ), Cabot Oil & Gas Corporation (COG), Piedmont Natural Gas Company (PNY), and WGL Holdings (WGL).
October 20, 2014
16:51 EDTWPZWilliams Partners raises quarterly dividend 5.8% to 92.85c
The board of the partnership's general partner has approved the quarterly cash distribution, which is payable on Nov. 7 to common unitholders of record at the close of business on Oct. 31.
October 17, 2014
18:06 EDTWMBWilliams, Questar interested in QEP Resources pipeline unit, Bloomberg says
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17:23 EDTWMBWilliams, Questar interested in QEP Resources pipeline unit, Bloomberg says
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10:16 EDTWPZHigh option volume stocks
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October 15, 2014
12:02 EDTWMBStocks with call strike movement; FB WMB
Facebook (FB) March 80 call option implied volatility increased 4% to 80, Williams (WMB) February 57.5 call option implied volatility increased 5% to 41 according to IVolatility.
11:58 EDTWMBStocks with call strike movement; WMB RIG
Williams (WMB) January 55 call option implied volatility increased 8% to 55, Transocean (RIG) January 5 call option implied volatility increased 5% to 48 according to IVolatility.

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