Company Overview and News
The string of successive positive weeks for midstream ended this week. Midstream stocks were down roughly 1% across MLP and midstream indexes. Canadian Midstream stocks outperformed for the first time in a while. Utilities had a very strong week and the S&P was slightly positive. Oil prices continue to languish, now down 7 straight weeks, while natural gas prices continue to hold firm.
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CALGARY, Alberta, 17 août 2018 (GLOBE NEWSWIRE) -- Communiqué de presse -- TransCanada Corporation (TSX, NYSE : TRP) (TransCanada) a été mise en présence d’une offre d’achat restreinte spontanée proposée par TRC Capital Corporation (TRC Capital) visant à souscrire jusqu’à 2 500 000 actions ordinaires de TransCanada, ce qui représente environ 0,28 % des actions ordinaires en circulation de TransCanada à un prix de 55,35 CAD par action ordinaire.
CALGARY, Alberta , Aug. 16, 2018 (GLOBE NEWSWIRE) -- News Release -- TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common shares of TransCanada, representing approximately 0.28 per cent of TransCanada's outstanding common shares at a price of CDN $55.35 per common share.
WASHINGTON, Aug 16 (Reuters) - A federal judge in Montana has ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL oil pipeline, possibly delaying its construction and dealing another setback to TransCanada Corp.
HOUSTON (Bloomberg) -- The U.S. State Department must conduct a new environmental review for the Keystone XL crude pipeline, a federal judge ruled, dealing a blow to a project supported by President Donald Trump in his first few days in office.
A federal judge in Montana on Wednesday ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL crude oil pipeline, a move that could delay the project and prove a setback for the Trump administration.
WASHINGTON (Reuters) - A federal judge in Montana on Wednesday ordered the U.S. State Department to do a full environmental review of a revised route for the Keystone XL crude oil pipeline, a move that could delay the project and prove a setback for the Trump administration.
EQT Corporation (EQT - Free Report) has received permission to stabilize various sites along the 301-mile Mountain Valley Pipeline (MVP). Per the Federal Energy Regulatory Commission, full construction of the project has been abandoned. The project faced disruption when work on its full route was stopped following the 4th Circuit US Court of Appeals' decision. The company stated that the project will become operational in the first quarter of 2019.
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TransCanada Corporation (TRP - Free Report) recently inked a deal to do away with its wind energy portfolio for C$630 (or $484) million, in a bid to slash its huge debt which currently stands at around C$35 billion. The agreement will help TransCanada raise capital, which can be deployed into more traditional assets like oil and gas pipelines.
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Midstream made gains for a 5th straight week, again led by MLPs. It was the best week for the MLP Index since January 2017. Good vibes and momentum carried through from last week with strong results from EPD, OKE and ENB among others, punctuated by the earlier than expected ETE/ETP simplification. After this week's move, the MLP Index has produced total return of 11.3% since June 25th.
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2018-08-03 zacks - 1
Energy Transfer Partners LP (ETP - Free Report) recently inked an agreement to merge with its general partner Energy Transfer Equity LP (ETE - Free Report) in an all-stock deal. This marks a long-awaited move by the pipeline giant in the energy MLP industry.
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2018-08-18 - Asif
Business overview Rennova Health, Inc. (together with its subsidiaries, “Rennova”, “we” or the “Company”) is a provider of an expanding group of health care services for healthcare providers, patients and individuals. Beginning in 2018, the Company intends to focus on and operate two synergistic divisions: 1) Clinical diagnostics through its clinical laboratories; and 2) Hospital operations through its Big South Fork Medical Center, which opened on August 8, 2017, and a hospital in Jamestown Tennessee, including a doctor’s practice, the assets of which the company expect to acquire in the second quarter of 2018, pursuant to the terms of a definitive asset purchase agreement that the company entered into on January 31, 2018, as more fully discussed below. The company believe that its approach will produce a more sustainable business model and the capture of multiple revenue streams from medical providers, patients and hospital services. Management determined that because Big So...
2018-08-13 - Asif
Core Business At Ballard, Ballard Power Systems is building a clean energy growth company. Ballard Power Systems is recognized as a world leader in proton exchange membrane (“PEM”) fuel cell power system development and commercialization. The company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of its extensive intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. The hydrogen fuel can be obtained from natural g...
2018-08-13 - Asif
Overview Marathon Patent Group was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the company discontinued its minerals business and began to invest in real estate properties in Southern California. In October 2012, the company discontinued its real estate business when its former CEO joined the firm and the company commenced its IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. Marathon Patent Group has since purchased its cryptocurrency mining machines and established a data center in Canada to mine digital assets. Following the me...
as of ET