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SemGroup (SEMG) to Divest Asphalt Unit in Mexico for $70M

2018-01-09 zacks
Midstream energy company, SemGroup Corporation (SEMG - Free Report) recently agreed to divest SemMaterials México, its asphalt business to Ergon Asfaltos México HC, LLC. The deal is expected to be valued at $70 million, which incorporates a compensation of around $15 million of net working capital. The deal is expected to be closed by the second quarter of 2018. (35-0)

Magellan Midstream's (MMP) Pipeline in Eagan Spills Gasoline

2018-01-09 zacks
Magellan Midstream Partners, L.P. (MMP - Free Report) recently reported a leakage in its 12-inch pipeline system that transports fuel from Rosemount, MN to Minneapolis. Leakage of around 500 barrels or 21,000 gallons of gasoline has been confirmed so far although the partnership estimated the initial leakage at 300 barrels (34-0)

Tellurian (TELL) Jumps: Stock Rises 10.8%

2018-01-08 zacks
Tellurian Inc. (TELL - Free Report) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.5 –$10.2 in the past one-month time frame, witnessed a sharp increase on Friday. (38-0)

Tallgrass Makes 2 Acquisitions and Significant Developments

2018-01-05 zacks
Midstream oil firm Tallgrass Energy Partners, LP (TEP - Free Report) has recently reported that the partnership has agreed to make two acquisitions through its subsidiary, Tallgrass Terminals LLC. The firm has also taken a few commercial development steps to increase its bouquet of various services. (19-0)

ClearSign Combustion's Duplex Technology Is A Commercial Failure; The Stock's Downtrend Will Continue

2018-01-05 seekingalpha
ClearSign’s green energy Duplex technology has been tested by refineries for many years but has resulted in very few adoptions. (86-1)

Marathon Petroleum Up 34% in a Year: Is Further Upside Left?

2018-01-05 zacks
The year 2017 turned out to be a favorable one for Marathon Petroleum Corporation (MPC - Free Report) with its share price surging more than 34% compared with the industry’s gain of 18.7%. (14-0)

Andeavor Boosts Permian Foothold With Rangeland II Buyout

2018-01-04 zacks
In a bid to bolster its foothold in the Permian play, Andeavor (ANDV - Free Report) recently acquired Rangeland Energy II, LLC. Financial details of the transaction have been kept under wraps.  Subject to satisfactory closing conditions and regulatory approvals, the deal is set for closure by March this year. (372-0)

Cabot (COG) Rewards Shareholders With 20% Dividend Hike

2018-01-04 zacks
The board of directors of Cabot Oil & Gas Corporation (COG - Free Report) recently approved a 20% hike in its regular quarterly dividend. The company will now reward shareholders with a dividend of 6 cents per share compared with the previous payout of 5 cents. This translates to a dividend of 24 cents per share on an annualized basis. (386-0)

Zacks.com highlights: PetMed Express, SMART Global Holdings and Delek US Holdings

2018-01-04 zacks
Chicago, IL – Jan 04, 2018 - Stocks in this week’s article include: PetMed Express, Inc. (PETS - Free Report) , SMART Global Holdings, Inc. (SGH - Free Report) and Delek US Holdings, Inc. (DK - Free Report) . (618-0)

Delek US Holdings (DK) Presents At Wolfe Research Refiners Conference - Slideshow

2018-01-03 seekingalpha
The following slide deck was published by Delek US Holdings, Inc. in conjunction with this event.

Archrock (AROC) Agrees to Buy Archrock Partners, Stock Falls

2018-01-03 zacks
Field service provider Archrock, Inc. (AROC - Free Report) recently agreed to buy the remaining outstanding units (around 41.3 million units) of Archrock Partners (APLP - Free Report) for $607 million in an all-stock transaction. (24-0)

3 Powerful Relative Price Strength Stocks to Start Your 2018

2018-01-03 zacks
Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios. Simultaneously, it is important to check whether its price performance exceeds its peers or the industry average. (2-0)

Do Analysts Expect Phillips 66’s Dividend to Rise?

2017-12-29 marketrealist
Phillips 66’s (PSX) dividend payments have been growing steadily during the past few years. In 4Q17, Phillips 66 made a dividend payment of $0.70 per share, which represents 25.0% growth from 4Q15. The dividend was announced on October 9, 2017, and it was paid on December 1, 2017. (2-0)

McDermott Gets EPCC Contract From Maersk Oil in North Sea

2017-12-27 zacks
Energy-focused engineering and construction company McDermott International, Inc. (MDR - Free Report) recently announced that it has landed an engineering, procurement, construction and commissioning (EPCC) services contract from Maersk Oil for the latter's Tyra Redevelopment project. It is located in the Danish sector of North Sea.  (8-1)

Zacks.com featured highlights: Big 5 Sporting Goods, Chico's FAS, Boise Cascade, United Continental and Delek US

2017-12-26 zacks
Chicago, IL – December 26, 2017 - Stocks in this week’s article Big 5 Sporting Goods Corp. (BGFV - Free Report) , Chico's FAS (CHS - Free Report) ,Boise Cascade Company (BCC - Free Report) , United Continental Holdings (UAL - Free Report) and Delek US Holdings (DK - Free Report) . (58-0)

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