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Energy Transfer and Centurion Pipeline to Provide Joint Tariff Crude Oil Service From Platteville and Cushing to Nederland

Press release content from Business Wire. The AP news staff was not involved in its creation. Energy Transfer and Centurion Pipeline to Provide Joint Tariff Crude Oil Service From Platteville and Cushing to Nederland April 1, 2021 GMT Energy Transfer LP (NYSE: ET) and Centurion Pipeline L.P. (“Centurion”) announced today that they will post a joint tariff for crude oil transportation service from ET’s terminals in Platteville, Colorado and Cushing, Oklahoma to ET’s Nederland, Texas terminal. ADVERTISEMENT The joint tariff service utilizes existing ET and Centurion pipeline assets that will be linked together via new connections in Oklahoma. The joint tariff service is expected to commence service by June 1, 2021. The joint tariff service may also be expanded to include an origin point of Guernsey, Wyoming. For parties interested in becoming a committed shipper, please contact Misbah Tukdi at Misbah.tukdi@energytransfer.com or Scott Hutson at Scott Hutson@centurionpl.co

Energy Transfer s Earnings Slump as Oil Market Turbulence Hits Hard

Data source: Energy Transfer.  Earnings dipped during the fourth quarter, pulling down full-year results. Overall, adjusted EBITDA slumped 5.5% in 2020, while DCF declined by 8.1%. That weakness forced the master limited partnership (MLP) to reduce its distribution, freeing up the associated cash flow to finance expansion projects and reduce debt. While the company s diversification and relatively stable business model helped cushion the blow during the fourth quarter, several of its business segments were under pressure during the period: Data source: Energy Transfer.  Energy Transfer s crude-oil transportation and services business was the biggest weak spot. Earnings slumped 23.5% during the period. The primary issue was lower volume on its Texas and Bakken pipeline systems. Also, due to lower oil prices, the company didn t make as much money on the spread between the price it could buy oil in production basins and sell it into market centers.

USA Compression Partners LP (USAC) Q4 2020 Earnings Call Transcript

Operator Good day and welcome to the USA Compression Partners First Quarter Earnings Conference Call. Today s conference is being recorded. At this time, I would like to turn the presentation over to Mr. Chris Porter. Please go ahead, sir. Christopher W. Porter Vice President, General Counsel and Secretary Good morning everyone and thank you for joining us. This morning, we released our financial results for the quarter ended December 31, 2020. You can find our earnings release as well as recording of this call in the Investor Relations section of our website at usacompression.com. The recording will be available through February 26, 2021. During this call, our management will discuss certain non-GAAP measures. You will find definitions and reconciliations of these non-GAAP measures to the most comparable GAAP measures in the earnings release. As a reminder, our conference call will include forward-looking statements. These statements include projections and expectations of o

CenterPoint Energy Announces Its Support of the Proposed Merger Between Enable Midstream Partners, LP and Energy Transfer LP

Press release content from Business Wire. The AP news staff was not involved in its creation. CenterPoint Energy Announces Its Support of the Proposed Merger Between Enable Midstream Partners, LP and Energy Transfer LP February 17, 2021 GMT HOUSTON (BUSINESS WIRE) Feb 17, 2021 CenterPoint Energy, Inc. (NYSE: CNP) today announced support for the merger between Enable Midstream Partners, LP (NYSE: ENBL) and Energy Transfer LP (NYSE: ET), which will result in an exchange of its investment in Enable Midstream Partners, LP in an at market, unit-for-unit transaction. CenterPoint Energy currently owns 53.7 percent of the common units representing limited partner interests in Enable, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets.

Expeditors International of Washington, Inc (NASDAQ:EXPD), (AAIC) - Earnings Scheduled For February 16, 2021

Expeditors International of Washington, Inc (NASDAQ:EXPD), (AAIC) - Earnings Scheduled For February 16, 2021
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