New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
08:09 EDTXTEX, APA, XTXICrosstex Energy announces Permian pipeline extension project
Crosstex Energy L.P. (XTEX) and Crosstex Energy, Inc. (XTXI) announced that the partnership is continuing to expand its gas gathering and processing capabilities in the Permian Basin through a new long term, fee-based agreement with a major oil and gas producer in the region. This agreement builds upon the approximately $210M in investments that Crosstex has already made in the Permian Basin to take advantage of growing production in the region, including its joint venture with Apache (APA), the Mesquite fractionator and the Bearkat gathering and processing complex. In conjunction with the agreement, the partnership is constructing a new 35-mile, 12-inch diameter high-pressure pipeline that will provide gathering capacity for the previously announced Bearkat natural gas processing complex. The incremental investment for the new pipeline extension project is expected to be approximately $70M. The new-build pipeline will originate at the Partnership’s Bearkat gas processing facility, currently under construction in Glasscock County. The pipeline will have a capacity of approximately 100M cubic feet per day and will provide gas takeaway solutions for constrained producer customers in Howard, Martin and Glasscock counties. Right-of-way acquisition is underway and the pipeline is expected to be operational in 2H14.
News For XTEX;XTXI;APA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 16, 2014
12:22 EDTAPAAnadarko, BG Group 'widely seen' as targets amid oil slump, FT says
Subscribe for More Information
09:47 EDTAPAApache deal positive, says Bernstein
After Apache (APA) announced that it would sell Kitimat and Wheatstone to Woddside (WOPEY) for $3.75B, Bernstein thinks the deal provides Apache with flexibility at the bottom of the oil price cycle. The firm keeps an Outperform rating on Apache.
December 15, 2014
08:03 EDTAPAApache to sell Wheatstone, Kitimat LNG project stakes to Woodside
Subscribe for More Information
08:01 EDTAPAApache to sell Wheatstone, Kitimat LNG project stakes to Woodside for $2.75B
Subscribe for More Information
December 9, 2014
15:09 EDTAPAApache to sell Wheatstone, Kitimat stakes to Woodside, Australian reports
Subscribe for More Information
December 8, 2014
10:00 EDTAPAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Antero Resources (AR) upgraded to Buy from Neutral at Citigroup... Apache (APA) upgraded to Buy from Neutral at Citigroup... Applied Materials (AMAT) upgraded to Buy from Hold at Deutsche Bank... Arch Capital (ACGL) upgraded to Outperform from Market Perform at BMO Capital... CU Bancorp (CUNB) upgraded to Buy from Hold at Sandler O'Neill... Calpine (CPN) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Market Perform from Underperform at Keefe Bruyette... EastGroup Properties (EGP) upgraded to Neutral from Underperform at Credit Suisse... Enbridge Energy Management (EEQ) upgraded to Equal Weight at Morgan Stanley... Enbridge Energy (EEP) upgraded to Equal Weight from Underweight at Morgan Stanley... GasLog (GLOG) upgraded to Buy from Hold at Stifel... Hoegh LNG (HMLP) upgraded to Buy from Neutral at UBS... Illinois Tool Works (ITW) upgraded to Buy from Accumulate at Global Hunter... LaSalle Hotel (LHO) upgraded at Morgan Stanley... Lufthansa (DLAKY) upgraded to Buy from Neutral at Nomura... NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Citigroup... Omega Healthcare (OHI) upgraded to Buy from Hold at Jefferies... Orange SA (ORAN) upgraded to Conviction Buy from Neutral at Goldman... SM Energy (SM) upgraded to Outperform from Market Perform at BMO Capital... Southwest (LUV) upgraded at Goldman... TSMC (TSM) upgraded to Buy from Neutral at BofA/Merrill... United Technologies (UTX) upgraded at Bernstein... eBay (EBAY) upgraded to Buy from Hold at Stifel.
06:11 EDTAPAApache upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
December 5, 2014
10:00 EDTAPAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:29 EDTAPAApache downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use