Midstream

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Second-Quarter 2021 Earnings

Retrieved on: 
Tuesday, July 6, 2021

An audio replay will be available on the website after the call.

Key Points: 
  • An audio replay will be available on the website after the call.
  • Additionally, a transcript will be included within the 2Q21 Earnings Package found within the Investor Kit section of the above referenced website.
  • PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids ("NGL"), and natural gas.
  • On average, PAA handles more than 5 million barrels per day of crude oil and NGL in its Transportation segment.

Williams Announces Upstream Operator and Joint Venture in the Wamsutter Field

Retrieved on: 
Tuesday, July 6, 2021

Williams (NYSE: WMB) announced today that it has finalized an upstream joint venture with Crowheart Energy (Crowheart) in the Wamsutter Field of the Greater Green River Basin of Wyoming.

Key Points: 
  • Williams (NYSE: WMB) announced today that it has finalized an upstream joint venture with Crowheart Energy (Crowheart) in the Wamsutter Field of the Greater Green River Basin of Wyoming.
  • Williams strategic efforts to combine the Wamsutter Field reserves will enhance the value of its midstream and downstream natural gas and NGL infrastructure.
  • Todays announcement is the culmination of Williams consolidation efforts in the Wamsutter Field.
  • Under the joint venture, Crowheart will operate the parties consolidated upstream position and Williams will continue to operate and retain full ownership of its midstream assets.

BLACK ROCK PETROLEUM SIGNS LETTER OF INTENT TO ACQUIRE CALEDONIAN MIDSTREAM CORPORATION

Retrieved on: 
Sunday, July 4, 2021

Caledonian will become a wholly owned subsidiary of Black Rock upon completion of the transaction.

Key Points: 
  • Caledonian will become a wholly owned subsidiary of Black Rock upon completion of the transaction.
  • Zoltan Nagy, Chief Executive Officer of Black Rock, commented on the announcement, Caledonian Midstream is a great fit for Black Rock.
  • Black Rock Petroleum Company is an oil and gas exploration-stage company and a distributor of oil field equipment.
  • To learn more about Black Rock Petroleum, please visit https://www.blackrockdrilling.com

Ecoark Announces Operating Results for Fiscal 2021 and Provides Financial Guidance for Fiscal 2022

Retrieved on: 
Wednesday, June 30, 2021

Ecoark is unable to accurately forecast EPS due to the volatility of non-cash gains and losses from changes in derivative liability, so EPS guidance has not been disclosed.

Key Points: 
  • Ecoark is unable to accurately forecast EPS due to the volatility of non-cash gains and losses from changes in derivative liability, so EPS guidance has not been disclosed.
  • Founded in 2011, Ecoark is a diversified holding company.
  • The company has three wholly owned subsidiaries: Zest Labs, Inc. (Zest Labs), Banner Midstream Corp (Banner Midstream) and Trend Discovery Holdings (Trend Discovery).
  • Banner Midstream also provides transportation and logistics services and procures and finances equipment to oilfield transportation services contractors.

Midstream Texas Operating to Build Transload Facility on Kansas City Southern Line in Corpus Christi, Texas for Export of Refined Products into Mexico

Retrieved on: 
Tuesday, June 29, 2021

Kansas City Southern (KCS) (NYSE: KSU) and Midstream Texas Operating LLC (MTO) today announced a long-term commercial agreement to provide truck-to-rail transloading services for petroleum and petrochemicals from Corpus Christi, Texas into Mexico.

Key Points: 
  • Kansas City Southern (KCS) (NYSE: KSU) and Midstream Texas Operating LLC (MTO) today announced a long-term commercial agreement to provide truck-to-rail transloading services for petroleum and petrochemicals from Corpus Christi, Texas into Mexico.
  • KCS is looking forward to working with MTO to expand infrastructure to supply petroleum products to Mexico out of Corpus Christi.
  • This new transload is strategically close to supply locations and to the border for expedient access to end markets, said KCS vice president energy and chemical products Ginger Adamiak.
  • Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

Magellan Midstream to Announce Second-Quarter 2021 Financial Results on July 29

Retrieved on: 
Thursday, June 24, 2021

TULSA, Okla., June 24, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2021 before the market opens on Thursday, July 29.

Key Points: 
  • TULSA, Okla., June 24, 2021 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) plans to announce financial results for second quarter 2021 before the market opens on Thursday, July 29.
  • Management will discuss second-quarter 2021 earnings and outlook for the remainder of the year during a conference call with analysts at 1:30 p.m. Eastern the same day.
  • Participants are encouraged to listen to the call via the partnership's website at www.magellanlp.com/investors/webcasts.aspx .
  • Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil.

Enterprise Participating in J.P. Morgan Conference

Retrieved on: 
Tuesday, June 22, 2021

Enterprise Products Partners L.P. (NYSE: EPD) announced today it is hosting virtual investor meetings at the J.P. Morgan Energy, Power and Renewables Conference Tuesday, June 22 and Wednesday, June 23, 2021.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) announced today it is hosting virtual investor meetings at the J.P. Morgan Energy, Power and Renewables Conference Tuesday, June 22 and Wednesday, June 23, 2021.
  • The latest investor deck, which may be used to facilitate investor meetings, can be accessed under the Investors tab on the Enterprise website.
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
  • The partnerships assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 Bcf of natural gas storage capacity.

Phillips 66 Partners to Announce Second-Quarter Financial Results

Retrieved on: 
Monday, June 21, 2021

Phillips 66 Partners (NYSE: PSXP) executive management will host a webcast at 2 p.m. EDT on Tuesday, Aug. 3, to discuss the partnerships second-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives.

Key Points: 
  • Phillips 66 Partners (NYSE: PSXP) executive management will host a webcast at 2 p.m. EDT on Tuesday, Aug. 3, to discuss the partnerships second-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
  • To access the webcast, go to the Events and Presentations section of the Phillips 66 Partners Investors site, https://unitholder.phillips66partners.com/investors .
  • A replay of the webcast will be archived on the Events and Presentations page approximately two hours after the event, and a transcript will be available at a later date.
  • Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets.

EagleClaw Midstream Issues Inaugural ESG Report; Outlines Plans to Accelerate Sustainability Progress

Retrieved on: 
Wednesday, June 16, 2021

This plan will position EagleClaw Midstream to be an industry leader in sustainability and the ongoing energy evolution.

Key Points: 
  • This plan will position EagleClaw Midstream to be an industry leader in sustainability and the ongoing energy evolution.
  • We are delighted to share news of our sustainability progress in our inaugural ESG report, said Jamie Welch, President and CEO of EagleClaw Midstream.
  • EagleClaw Midstream has long-term dedications for gas, crude, and water midstream services from approximately 30 successful and active producers in the Delaware Basin.
  • To see EagleClaw Midstreams inaugural ESG report, click here: https://www.eagleclawmidstream.com/wp-content/uploads/2021/06/EagleClaw_...
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210616005101/en/

CSV Midstream Solutions Corp.’s Albright Sour Gas Processing Plant Receives EPEA Permit Approval

Retrieved on: 
Thursday, June 10, 2021

CALGARY, Alberta, June 10, 2021 (GLOBE NEWSWIRE) -- CSV Midstream Solutions Corp. (CSV) recently received Environmental Protection and Enhancement Act (EPEA) regulatory permit approval from the Alberta Energy Regulator for its proposed Albright Sour Gas Processing Facility (Albright) to be built near Grande Prairie, Alberta.

Key Points: 
  • CALGARY, Alberta, June 10, 2021 (GLOBE NEWSWIRE) -- CSV Midstream Solutions Corp. (CSV) recently received Environmental Protection and Enhancement Act (EPEA) regulatory permit approval from the Alberta Energy Regulator for its proposed Albright Sour Gas Processing Facility (Albright) to be built near Grande Prairie, Alberta.
  • CSV employed its early community engagement philosophy prior to entering the formal regulatory approval process for this development.
  • About CSV Midstream Solutions Corp.
    CSV Midstream is a Calgary-based company offering a full suite of services for complete midstream solutions.
  • With a vision to advance midstream, they provide innovative, sustainable strategies in the engineering, design, construction, operation and management of natural gas and NGL assets, including sweet and sour gas processing, liquids handling and fractionation, and gas gathering and transmission pipelines.