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Range Announces Conference Call to Discuss First Quarter 2024 Financial Results

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Friday, April 5, 2024

FORT WORTH, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2024 financial results news release will be issued Tuesday, April 23 after the close of trading on the New York Stock Exchange.

Key Points:

FORT WORTH, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2024 financial results news release will be issued Tuesday, April 23 after the close of trading on the New York Stock Exchange.
A conference call to review the financial results is scheduled on Wednesday, April 24 at 9:00 a.m.
The webcast will be archived for replay on the Company's website until May 24, 2024.
RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin.

Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of First-Quarter 2024 Earnings

Retrieved on:

Thursday, April 4, 2024

PAA, Partnership, Internet, Transport, Plains All American Pipeline, Treasury regulations, NGL

HOUSTON, April 04, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today announced their quarterly distributions with respect to the first quarter of 2024 and also announced timing of first quarter 2024 earnings.

Key Points:

HOUSTON, April 04, 2024 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today announced their quarterly distributions with respect to the first quarter of 2024 and also announced timing of first quarter 2024 earnings.
PAGP Class A Shares – $0.3175 per Class A Share ($1.27 per Class A Share on an annualized basis), which is unchanged from the distribution paid in February 2024.
In addition, to the extent any cash distribution exceeds a Class A Shareholder’s tax basis, it should be taxable as a capital gain.
Following the announcement, PAA and PAGP will host a conference call at 9:00 a.m. CT (10 a.m.

Enterprise Receives Deepwater Port License for Spot Project

Retrieved on:

Tuesday, April 9, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.

Key Points:

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.
The license enables Enterprise to move forward to the next step in developing the offshore terminal capable of loading 2 million barrels per day (“BPD”) of crude oil.
“I would like to congratulate the entire Enterprise team, which demonstrated outstanding technical skills, dedication and perseverance over the past five years, allowing us to receive this license,” said A.J.
The SPOT platform would also serve as a reef, supporting marine life.”
MARAD and U.S. Coast Guard led the comprehensive, four-year environmental review of this project.

Enterprise Declares Quarterly Distribution

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Friday, April 5, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis.

Key Points:

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis.
The quarterly distribution will be paid Tuesday, May 14, 2024, to common unitholders of record as of the close of business Tuesday, April 30, 2024.
This distribution represents a 5.1 percent increase over the distribution declared with respect to the first quarter of 2023.
Enterprise repurchased $40 million of its common units in the open market during the first quarter of 2024.

NGL Energy Partners LP Announces Sale of the New Mexico Ranches

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Friday, April 5, 2024

Energy, Other Energy, Oil, Gas, Eagle Ford, Dallas, NGL, LEX, Delaware Basin, Sale, Environment, EVP

NGL Energy Partners LP (NYSE:NGL) (“NGL,” or the “Partnership”) announced today that it has completed the sale of its North and South Ranches.

Key Points:

NGL Energy Partners LP (NYSE:NGL) (“NGL,” or the “Partnership”) announced today that it has completed the sale of its North and South Ranches.
These two New Mexico ranches have combined acreage of approximately 122,250 acres, in the core of the Delaware.
Approximately $70.0 million in proceeds, including working capital
Including asset sales in FY24, we have exceeded the $150 million asset sale guidance
“NGL remains focused on our commitment to deliver reliable produced water management for our customers while remaining focused on the environment and the sustainability of our operations,” commented Doug White, EVP of NGL Water Solutions.
NGL’s Water Solutions segment operates in several of the most prolific crude oil and natural gas producing basins, including the Delaware, Eagle Ford and DJ Basins.

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

Retrieved on:

Thursday, April 4, 2024

In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.

Key Points:

In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.
Cedar LNG has secured a 20-year take-or-pay, fixed toll contract with ARC Resources for 1.5 million mtpa of LNG.
"We are proud to partner with Cedar LNG, the Haisla Nation and Pembina Pipeline who share our commitment to responsible energy development."
Once operational, Cedar LNG is expected to generate annual run-rate adjusted EBITDA of US$200 million to US$260 million, net to Pembina.

Energy Transfer Announces First Quarter 2024 Earnings Release and Earnings Call Timing

Retrieved on:

Thursday, April 4, 2024

Energy, Other Energy, Oil, Gas, Transfer, Partnership, USAC, NGL, Energy Transfer Partners, Sunoco, Transport, SUN

Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2024 on Wednesday, May 8, 2024, after the market closes.

Key Points:

Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2024 on Wednesday, May 8, 2024, after the market closes.
The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com .
The call will also be available for replay on Energy Transfer’s website for a limited time.
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.

NGL Energy Partners LP Announces Cash Distribution of 55.4% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units

Retrieved on:

Thursday, April 4, 2024

Energy, Other Energy, Oil, Gas, Partnership, NGL, Class, Balance sheet, ABL, Class D, Life insurance

NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner approved a distribution of 55.4% of the outstanding arrearages for the quarter ending March 31, 2024 to be paid to the holders of the Partnership’s 12.544% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement.

Key Points:

NGL Energy Partners LP (NYSE: NGL) announced today that the Board of Directors of its general partner approved a distribution of 55.4% of the outstanding arrearages for the quarter ending March 31, 2024 to be paid to the holders of the Partnership’s 12.544% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class B Preferred Units”) and the 9.625% Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Class C Preferred Units”) in accordance with the terms outlined in NGL’s partnership agreement.
Each of the Class B Preferred Units quarterly distribution of $3.0224 per unit and the Class C Preferred Units quarterly distribution of $2.6790 per unit will be made on April 18, 2024 to holders of record at the close of trading on April 12, 2024.
Additionally, the Board of Directors declared a cash distribution in the amount of $77,140,426, which represents the 55.4% of the outstanding arrearages on the Class D preferred units as of March 31, 2024.
The arrearage payment on the Class D Preferred units will be made on April 18, 2024.

Enterprise to Build New Natural Gas Processing Plant in the Delaware Basin; Announces Start of Service on Mentone 3 and Leonidas

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Wednesday, April 3, 2024

Oil, Gas, Energy, Permian, Partner, Natural gas, Growth, Transport, Security (finance), Risk, Plant, EPD, NGL, Atlas, Delaware Basin

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with construction of the Mentone West 2 plant in the Delaware Basin.

Key Points:

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with construction of the Mentone West 2 plant in the Delaware Basin.
Elsewhere in the Delaware Basin, Enterprise has begun service on its Mentone 3 natural gas processing plant, which is also capable of processing over 300 MMcf/d of natural gas and extracting more than 40,000 BPD of NGLs.
Construction of the Mentone West 1 plant, formerly known as Mentone 4, is on schedule and projected to begin service in the second half of 2025.
In the Midland Basin, Enterprise announced today that the company’s Leonidas natural gas processing plant in Midland County, Texas has begun service, and construction of the Orion natural gas processing facility is proceeding on schedule with service expected to begin in the second half of 2025.

Enterprise to Host Investor and Analyst Call

Retrieved on:

Monday, April 1, 2024

Chemicals, Plastics, Other Energy, Maritime, Oil, Gas, Transport, Manufacturing, Energy, Partner, NGL, CDT, Internet, Atlas, Natural gas, EPD, Enterprise Products

Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host an investor and securities analyst call on Wednesday, April 3, 2024 at 9:00 a.m. CDT.

Key Points:

Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host an investor and securities analyst call on Wednesday, April 3, 2024 at 9:00 a.m. CDT.
The event will be webcast live via the internet and may be accessed along with accompanying slides on Enterprise’s website at www.enterpriseproducts.com .
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 partnership’s assets currently include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity.