Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of...
Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the...
Exelon Corporation announced its proposal to acquire Princeton, N.J.-based NRG Energy, Inc.. Exelon has offered to acquire all of the outstanding NRG common stock in an all-stock transaction with a fixed exchange ratio with a value of $26.43 for each NRG common share, representing a total equity value of approximately $6.2 billion for NRG based on Exelon’s...
Entergy Corporation indicated that it expects third quarter 2008 as-reported earnings of approximately $2.40 per share and operational earnings of $2.49 per share compared to as-reported and operational results of $2.30 per share in third quarter 2007. As-reported results are prepared in accordance with generally accepted accounting principles and are...
StealthGas Inc., a ship owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it has ordered two new 156,000 deadweight Suezmax crude Oil Tankers with an option to order two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery...