LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today announced that as of Sept. 30, 2015, the company’s unaudited total assets were approximately $203.4 million and its unaudited net asset value was $152.0 million, or $21.87 per share. As of Sept. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company’s asset coverage ratio under the 1940 Act with respect to [Read more]
Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Sept. 30, 2015
LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of Sept. 30, 2015, the company’s unaudited total assets were approximately $2.8 billion and its unaudited net asset value was $1.4 billion, or $28.92 per share. As of Sept. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with [Read more]
Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Sept. 30, 2015
LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise MLP Fund, Inc. (NYSE: NTG) today announced that as of Sept. 30, 2015, the company’s unaudited total assets were approximately $1.5 billion and its unaudited net asset value was $870.7 million, or $18.52 per share. As of Sept. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with respect to [Read more]
EnLink Midstream Completes Acquisition of Delaware Basin Assets
DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together with its subsidiaries “EnLink”), today announced that a subsidiary of the Partnership completed its previously announced acquisition of gathering and processing assets in the Delaware Basin (the “Delaware Basin System”) from a subsidiary of Matador Resources Company (NYSE:MTDR) (“Matador”). “We are pleased to [Read more]
Barth and Montgomery Elected Directors of Enterprise’s General Partner
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise” NYSE:EPD) today announced that Carin M. Barth and William C. Montgomery have been elected directors to the board of directors of its general partner, Enterprise Products Holding LLC, effective today. Ms. Barth is the founder and president of LB Capital, Inc., a private equity firm with investments in the energy, manufacturing and financial sectors. She previously served as interim senior vice president of Finance and [Read more]
Whiting Petroleum Corporation President and CEO James J. Volker to Present at IPAA Oil and Gas Investment Symposium
DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) today announced that James J. Volker, Whiting’s President and CEO, will present at the IPAA Oil and Gas Investment Symposium at The Palace Hotel in San Francisco. Mr. Volker’s presentation will begin at 1:00 p.m. Pacific Daylight Time on Monday, October 5, 2015. Mr. Volker’s live presentation may be accessed on the Internet by logging onto the following link: http://www.investorcalendar.com/event/174317. The presentation [Read more]
Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Third-Quarter 2015 Earnings Release
HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release third-quarter earnings after market close on Tuesday, November 3, 2015 and will hold the following joint webcast and conference call: What: Third-quarter 2015 earnings webcast and conference call When: Wednesday, November 4, 2015 11:00 a.m. ET; 10:00 a.m. CT Where: www.plainsallamerican.com or https://event.webcasts.com/starthere.jsp?ei=1072181 How: Live over [Read more]
Breitburn Energy Partners Announces Monthly Cash Distributions for Common and Preferred Units
LOS ANGELES--(BUSINESS WIRE)--Breitburn Energy Partners LP (NASDAQ:BBEP) announced today a cash distribution of $0.04166 per common unit for the first month attributable to the third quarter of 2015, payable on October 16, 2015, to record holders of its common units at the close of business on October 12, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis. Breitburn also announced today distributions for its 8.25% Series A Cumulative [Read more]
Preferred Sands Introduces 22K Proppant “Heat” as the Newest High-Performance Product in Its Polymeric Proppant Line
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands, one of North America’s leading proppant technology companies, today introduced “Heat” as the latest product in its innovative line of polymeric proppant technologies. 30/50 Heat, which scored 22K psi in standard ISO crush resistance testing, replaces the need for costly ceramics by providing a superior combination of strength and embedment resistance specifically in wells above 7K psi closure stress. Utilizing Preferred’s flexible Polymeric Proppant [Read more]
Mountain Valley Pipeline to Provide Natural Gas Service to Virginia Communities through Partnership with Roanoke Gas
PITTSBURGH & ROANOKE, Va.--(BUSINESS WIRE)--Mountain Valley Pipeline, LLC and RGC Midstream, LLC today announced their intent to deliver natural gas to several Virginia communities along the proposed Mountain Valley Pipeline (MVP) route. As part of the agreement, RGC Midstream, LLC, a subsidiary of RGC Resources, Inc. (NASDAQ: RGCO), will acquire a 1% ownership interest in Mountain Valley Pipeline, LLC, which is a joint venture between EQT Midstream Partners, LP (NYSE: EQM), majority owner and [Read more]
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