Hints and tips:
...The regional glut has been exacerbated this week by scheduled maintenance on the Kinder Morgan-operated Gulf Coast Express and El Paso Natural Gas pipelines, which carry gas from away from the Permian Basin...
...The “America First Energy Plan” aims to deliver energy independence by burning through domestic reserves of shale oil, coal and natural gas. Renewables don’t get a mention....
..., former chief executive of El Paso, now part of Kinder Morgan....
...This is precisely what the Delaware court found in the case of El Paso — determining that, in a 2010 drop down deal, El Paso MLP paid El Paso Corporation $171m too much....
...It will acquire Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners in a deal comprised of $40bn in Kinder Morgan Inc shares, $4bn in cash and $27bn in assumed debt....
...Kinder Morgan Energy Partners and El Paso Pipeline Partners will both lose MLP status as they are absorbed into the parent company....
...Shareholders in three separately listed companies – Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners – will be handed a mix of cash and Kinder Morgan shares for their...
...Alphaville has identified the previously unnamed donor as Jeff Stevens, President and CEO of Western Refining Logistics LP, a publicly-traded Master Limited Partnership headquartered in El Paso, Texas....
...The operator of 80,000 miles of oil and gas pipelines said it will buy out shareholders in three separately listed companies – Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline...
...The railway starts in Topolobampo, on the Sea of Cortés, but we boarded 40 miles inland at El Fuerte....
...The acquisition, Kinder’s first big deal since the $38bn takeover of El Paso, announced in 2011, positions Kinder to benefit from the pressure on oil companies to cut the volume of gas that they burn off...
...The New York-based group led a buyout of El Paso’s oil and gas exploration business for $7.2bn last year....
...its board, and one of the advisers to El Paso....
...In the US the group has concentrated on energy assets, including gas pipeline joint ventures with Chesapeake Energy and El Paso....
...In February, Apollo Global Management, a US-listed group, paid $7.15bn for parts of El Paso, an energy producer, just months after KKR led a $7.2bn buyout of Samson, a US oil and gas explorer....
...The group intended to keep El Paso’s pipeline assets, linking key producing areas with markets for consumption of natural gas, but sell its exploration and production business....
...For instance, after forcing splits at Marathon Petroleum and El Paso, a natural gas company, Jana has taken its playbook to Agrium, a Canadian fertiliser group....
...Kinder Morgan’s proposed purchase of El Paso, which ranked among the largest deals of 2011, was a bet by the Houston-based oil and gas pipeline company on the growth of gas supplies in the US....
...A group led by Apollo Global Management, the private equity group, has agreed a deal for El Paso Corp’s oil and gas exploration unit for $7.15bn....
...Apollo Global Management, a US-listed group, in February paid $7.15bn for parts of El Paso, an energy producer, just months after rival KKR led a $7.2bn buyout of Samson, a US oil and gas explorer....
...Energy has become the target of some large private equity acquisitions: Apollo Global Management, a US-listed group, in February paid $7.15bn for parts of El Paso, an energy producer, just months after rival...
...At the weekend, El Paso Corp agreed to sell its oil and gas exploration and production business to a private equity consortium led by Apollo for $7.15bn, the second large private equity takeover of an energy...
...The new company will have 67,000 miles of gas pipelines, of which 43,000 – almost two-thirds – will come from the El Paso group. The merged entity will have an enterprise value of $94bn....
...Two of the largest transactions in the industry recently, the sales of Samson Investment and the oil and gas production business of El Paso, have involved private equity buyers....
...Underlining that trend was last week’s bid by Kinder Morgan, the US oil and gas pipeline company, for El Paso – seen by analysts as a $38bn bet that US gas supplies will continue to grow with demand....
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