January 6, 2017
New Year’s Resolution #1: Be Myself – The DCP combination announced on Wednesday will bring elusive LLC assets to the public light and eliminate what was an often confusing conversation of who owned what. (Tickers: DPM)….
New Year’s Resolution #2: Have More REX – Rex has completed the Zone 3 Enhancement Project and was officially placed into ‘full-service’ on Friday. (Tickers: TEP, PSX)….
New Year’s Resolution #3: Be More Awesome Than Last Year – Active rigs on ETP’s Permian Delaware G& P system jumped to 52 rigs during the past two weeks, absorbing much of the increase in Permian drilling activity during the past 3 months. (Ticker: ETP)…..
New Year’s Resolution # 4: Get Fit: Less Fat, More Muscle – Kinder Morgan’s Tennessee Gas Pipeline benefitted from a huge jump in short-term winter marketing contracts last year driving the pipeline’s earnings to new records. (Ticker: KMI)…..
New Year’s Resolution #5: Pay off Credit Cards: Southcross Energy Partners (SXE) received an amendment to their revolving credit facility on Dec. 29, just ahead of having to meet a 5.0 DEBT/EBITDA leverage ratio by the end of the year. (Tickers: SXE)
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