Delek Logistics Partners (DKL) is a strong investment bet given its distribution assets located in prime production region and long-term contracts with drillers.
Canadian Solar (CSIQ) completes the sale a solar power plant in Izu-shi, Shizuoka Prefecture of Japan for $42.1 million.
Largest insider trades of the week Continue reading...
Shell Midstream Partners, L.P. (SHLX) (the “Partnership” or “SHLX”) today announced that on April 1, 2020 it closed the transactions contemplated by the previously announced Restructuring Agreement with its general partner to eliminate all incentive distribution rights (“IDRs”) and general partner (“GP”) economic interests in SHLX. SHLX has also closed the transactions contemplated by the previously announced Purchase and Sale Agreement with affiliates of its sponsor, Royal Dutch Shell plc (“Shell”), under which it acquired (i) Shell’s 79% interest in Mattox Pipeline Company LLC, which owns the Mattox Pipeline, and (ii) certain logistics assets at the Shell Norco Manufacturing Complex. As consideration for the assets and the elimination of IDRs and the GP economic interests, the sponsor received 160 million newly issued SHLX common units, plus $1.2 billion of Series A perpetual convertible preferred units at a price of $23.63 per unit.
Houston, Feb. 20, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) reported net income attributable to the Partnership of $140 million for the fourth quarter of 2019, which.
Shell Midstream Partners, L.P. (SHLX) (the “Partnership”) announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per limited partner unit for the first quarter of 2020. Please note that 100 percent of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable.
JinkoSolar's (JKS) ultra-high efficiency Cheetah HC 60 solar modules have been installed in Netherland's Almelo project.
Houston, March 05, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) has announced that the Partnership’s 2019 investor K-1 tax packages are now available on its.
The proceeds from Pembina transactions will primarily be utilized by Kinder Morgan (KMI) to lower its debt burden.
Q4 2019 Shell Midstream Partners LP Earnings Call
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Top Ranked Momentum Stocks to Buy for December 12th
Shell Midstream Partners has been struggling lately, but the selling pressure may be coming to an end soon.
Today, Shell Midstream Partners, L.P. (SHLX) (the “Partnership” or “SHLX”) announced it has signed an agreement with its general partner to eliminate all incentive distribution rights (“IDRs”) and economic general partner (“GP”) interest in SHLX. SHLX has also entered into a Purchase and Sale Agreement with affiliates of its sponsor, Royal Dutch Shell plc (“Shell”), to acquire (i) Shell’s 79% interest in Mattox Pipeline Company LLC, which owns the Mattox Pipeline, and (ii) certain logistics assets at the Shell Norco Manufacturing Complex.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Q1 2020 Shell Midstream Partners LP Earnings Call
Houston, Feb. 06, 2020 -- Shell Midstream Partners, L.P.’s Fourth Quarter Earnings Conference Call will be held Thursday, February 20th at 9:00am CST. Shell Midstream Partners’.
Houston, May 07, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “SHLX”) reported net income attributable to the Partnership of $138 million for the.
Houston, Feb. 20, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 was filed.
Houston, Jan. 23, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per.