April 19, 2018 archive

Cash Distribution Announced by Phillips 66 Partners LP

  • April 19, 2018

  Phillips 66 Partners LP announces that the board of directors of its general partner declared a first-quarter 2018 cash distribution of $0.714 per common unit. This quarter’s distribution represents an increase of 5 percent over the previous quarterly distribution of $0.678 per unit and a 22 percent increase over first-quarter 2017. The distribution increase …

Continue reading »

Dallas Company Announces $450 million in Public Offering

  • April 19, 2018

Dallas-based Energy Transfer Partners announced it’s priced an underwritten public offering of 18 million of its 7.375% Series C preferred units. The price is $25 a unit resulting in total proceeds of $450 million.  Underwriters have a 30-day option to buy up to 2,700,000 more additional Series C Preferred Units. The offering of the Series …

Continue reading »