Client News Release
Boardwalk Pipeline Breaks 50-Day MA (Zacks.com) and DCP Midstream Partners Declares Quarterly Distribution (PR Newswire)
City of Industry, CA --(www.FinancialNewsUSA.com)-- 10/28/2008 - Oil & Gas Pipelines industry news provided by Financial News USA (OTC: FNWU). Boardwalk Pipeline Partners LP (NYSE: BWP) crossed its short-time resistance of $21.06 today. The analyst community remains positive on this Zacks #1 (Strong buy) stock. Consensus for 2008 profit has gone up by a penny to $1.62 per share in the last week.
BWP Free Stock Analysis: Buy? Se ll? Hold?Zacks Investment Research [Read the full article]
DENVER, Oct. 23 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP
(NYSE: DPM) yesterday announced that the board of directors of its general partner declared a quarterly cash distribution of $0.60 per unit for the quarter ended Sept. 30, 2008. The distribution per unit is equal to the last quarterly distribution and a 9.1 percent increase over the quarterly distribution paid for the third quarter of 2007 of $0.55 per unit. The quarterly cash distribution will be paid on Nov. 14, 2008, to unitholders of record at the close of business on Nov. 7, 2008. This quarterly distribution equates to $2.40 per unit on an annual basis.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080805/LATU124LOGO-b)This release serves as qualified notice to nominees and brokers as
provided for under Treasury Regulation Section 1.1446-4(b). [Read the full article]
Kinder Morgan Energy Partners (NYSE: KMP) is one of those high-yielding dividend plays Cramer's loved so much recently. Over the past decade, KMP has raised its dividend by an average of 15% a year. Investors who bought the stock back on Dec. 31, 1997, saw their quarterly dividend payments increase 213% over the next 10 years. Those who reinvested their dividends â€" and remember, reinvesting dividends is a key part of Cramer's strategy â€" saw their payments go up 498%. Next year, Kinder Morgan expects to offer an 8.6% yield to shareholders, not a paltry sum by any measure. And according to CEO Richard Kinder, even this tough market won't threaten the payout. Kinder told Cramer on Thursday that his firm is able to achieve growth even while rewarding shareholders. And the declining price of oil? Not a problem for this company. [Read the full article]
Good morning. My name is Anita. And I will be your conference operator today. At this time I would like to welcome everyone to the NuStar Energy L.P. and NuStar GP Holdings, LLC Third Quarter 2008 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you. Thank you, operator. Good morning and welcome to our conference call to discuss NuStar Energy L.P. and NuStar GP Holdings, LLC's third quarter 2008 earnings results. If you have not received the earnings releases and would like copies of each, you may obtain them from our websites at NuStarEnergy.com and NuStarGP.com. Attached to the earnings releases, we have provided additional financial information for both companies, including information on NuStar Energy L.P.'s business segments. [Read the full article]
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