19.43 0.00 (0.00%)
After hours: 5:03PM EDT
|Bid||19.43 x 3200|
|Ask||19.75 x 3100|
|Day's Range||19.01 - 19.70|
|52 Week Range||18.60 - 25.27|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||4.97|
|Earnings Date||Nov. 5, 2019|
|Forward Dividend & Yield||1.44 (7.52%)|
|1y Target Est||27.25|
RPC's (RES) third-quarter 2019 performance is expected to have been influenced by slowdown of demand for pressure pumping services in U.S. shale plays.
Schlumberger's (SLB) Reservoir Characterization and Production segments are expected to have generated lower earnings than the year-ago period.
Plains All American Pipeline, L.P. and Plains GP Holdings announced they will release third-quarter 2019 earnings after market close on Tuesday, November 5
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today announced their quarterly distributions with respect to the third quarter of 2019. PAA announced a quarterly cash distribution of $0.36 per common unit ($1.44 per unit on an annualized basis), which is unchanged from the distribution paid in August 2019. PAGP announced a corresponding quarterly cash distribution of $0.36 per Class A share ($1.44 per Class A share on an annualized basis), which is unchanged from the distribution paid in August 2019.
Occidental Petroleum (OXY) continues to sell non-core assets, and focus on higher-margin and high-return production from Permian resources.
Holly Energy Partners, L.P. (HEP) (“HEP”) and Plains All American Pipeline (PAA) (“Plains”) today announced the formation of a 50/50 joint venture, Cushing Connect Pipeline & Terminal LLC (the “Joint Venture”), for (i) the development and construction of a new 160,000 barrel per day common carrier crude oil pipeline (the “Pipeline”) that will connect the Cushing, Oklahoma crude oil hub to the Tulsa, Oklahoma refining complex owned by a subsidiary of HollyFrontier Corporation (HFC) and (ii) the ownership and operation of 1.5 million barrels of crude oil storage in Cushing, Oklahoma (the “JV Terminal”). The JV Terminal is expected to be in service during the second quarter of 2020, and the Pipeline is expected to be in service during the first quarter of 2021.
Black Hills Corporation (BKH) is set to issue $700 million notes to refinance outstanding debt and utilize balance proceeds for general corporate purposes.
NextEra Energy Partners' (NEP) decision to acquire Meade Pipeline will enable it to enjoy the benefits from rising demand for the transportation of natural gas in the Central Penn Line.
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) today announced the pricing of concurrent secondary public offerings (the “Offerings”) by Oxy Holding Company (Pipeline), Inc., a wholly-owned subsidiary of Occidental Petroleum Corporation, of 14,977,890 common units of PAA at a price to the public of $21.46 per unit and 15,000,000 Class A shares of PAGP at a price to the public of $22.05 per share. The gross proceeds from the sale of the PAA common units and PAGP Class A shares by the selling securityholder are expected to be approximately $321.4 million and $330.8 million, respectively.
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings, L.P. (NYSE: PAGP) today announced the commencement of concurrent secondary public offerings (the “Offerings”) by Oxy Holding Company (Pipeline), Inc., a subsidiary of Occidental Petroleum Corporation, of common units of PAA and Class A shares of PAGP. The aggregate number of PAA common units and PAGP Class A shares offered in the Offerings is 29,977,890, with the specific number of PAA common units and PAGP Class A shares to be determined prior to the pricing of the Offerings.
Plains All American Pipeline, L.P. today announced that it has completed an underwritten public offering of $1.0 billion aggregate principal amount of 3.550% senior unsecured notes due December 15, 2029 at a public offering price of 99.801% with a yield to maturity of 3.572%.
Plains All American Pipeline, L.P. today announced that it has commenced a public offering of senior notes . PAA intends to use the net proceeds from the offering to partially repay the principal amounts of its $500 million 2.60% senior notes due 2019 and $500 million 5.75% senior notes due 2020 at their respective maturity dates in December 2019 and January 2020, and, pending such repayment, for general ...
Plains All American (PAA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
With a yield nearing 7% thanks to a recent sell-off and improving growth prospects, Plains All American Pipeline is looking like a long-term winner.
Owing to volume growth demanded by the shippers during a July open season, Magellan Midstream Partners (MMP) decides to expand the size of its Saddlehorn pipeline by 100,000 bpd.