- Market Realist•3 months ago
Crestwood Equity Partners (CEQP) rose 6% on April 7, 2016. The stock gained on the news of a 10-year gathering and processing agreement with BlueStone Natural Resources II.
- Reuters•5 months ago
Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sector as well. In the two court fights, U.S. energy producers are trying to use Chapter 11 bankruptcy protection to shed long-term contracts with the pipeline operators that gather and process shale gas before it is delivered to consumer markets. The attempts to shed the contracts by Sabine Oil & Gas (SOGCQ.PK) and Quicksilver Resources (KWKAQ.PK) are viewed by executives and lawyers as a litmus test for deals worth billions of dollars annually for the so-called midstream sector.
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