QUOTE AND NEWS
Market Intelligence Center  May 21  Comment 
El Paso Pipeline (NYSE:EPB) closed Friday's deflating trading session at $30.64. In the past year, the stock has hit a 52-week low of $30.64 and 52-week high of $38.36. El Paso Pipeline (EPB) stock has been showing support around $29.29 and...
Benzinga  May 21  Comment 
According to a research report published this morning, Bank of America has lowered El Paso Pipeline's (NYSE: EPB) PO from $33 to $31. In the report, Bank of America said, "On 18 May 2012, EPB agreed to acquire the previously proposed drop-down...
Marketwire  May 18  Comment 
HOUSTON, TX -- (Marketwire) -- 05/18/12 -- El Paso Pipeline Partners, L.P. (NYSE: EPB) announced today that it has agreed to acquire the remaining 14-percent interest in Colorado Interstate Gas Company, L.L.C. (CIG) and all of Cheyenne Plains
Market Intelligence Center  May 9  Comment 
El Paso Pipeline Partners LP (NYSE: EPB) closed Tuesday's trading session at $33.44. In the past year, the stock has hit a 52-week low of $31.36 and 52-week high of $38.36. El Paso Pipeline (EPB) stock has been showing support around $32.75 and...
Marketwire  May 3  Comment 
HOUSTON, TX -- (Marketwire) -- 05/03/12 -- El Paso Pipeline Partners, L.P. (NYSE: EPB) is reporting today first quarter 2012 financial and operational results for the partnership. First Quarter 2012 Highlights: $0.54 earnings per common unit $170
Marketwire  Apr 26  Comment 
HOUSTON, TX -- (Marketwire) -- 04/26/12 -- El Paso Pipeline Partners, L.P. (NYSE: EPB) will release first quarter 2012 financial and operational results before the market opens on Thursday, May 3, 2012. Detailed financial and operational information
Forbes  Apr 20  Comment 
J M Smucker Company (SJM) maintained its quarterly dividend of 48 cents per share. The famous jelly
Marketwire  Apr 20  Comment 
HOUSTON, TX -- (Marketwire) -- 04/20/12 -- El Paso Pipeline Partners, L.P. (NYSE: EPB) today announced that the Board of Directors of its general partner has declared a $0.51 per unit quarterly cash distribution for the first quarter of 2012, or
Marketwire  Apr 18  Comment 
HOUSTON, TX -- (Marketwire) -- 04/18/12 -- El Paso Pipeline Partners, L.P. (NYSE: EPB) announced today that it has received a proposal from El Paso Corporation (NYSE: EP) whereby the partnership would purchase from El Paso Corporation the remaining
Market Intelligence Center  Apr 3  Comment 
El Paso Pipeline (NYSE:EPB) closed Monday's dramatic trading session at $35.09. In the past year, the stock has hit a 52-week low of $31.36 and 52-week high of $38.36. El Paso Pipeline (EPB) stock has been showing support around $34.34 and...




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EL Paso Pipeline PRTN LP (EPB)

(KMI), is buying EL Paso Pipeline PRTN LP (EPB) and El Paso (EP), which owns and operates natural gas transportation pipelines and storage assets. The El Paso transaction is expected to be nicely accretive to dividends.[1]

Current plans are to divest El Paso's exploration and production operations and drop down (sell) the midstream assets to Kinder partners (KMP) and El Paso's pipeline MLP El Paso Pipeline Partners ([EPB]) . [2]

The cash from sales to the Kinder partners (KMP) will be used to reduce the leverage used to buy El Paso. The assets are so widely spread out geographically that a spin-off is unlikely.

References

  1. [1]
  2. [2]
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