InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,618.40
(
0.03%
)
Dow Jones
38,884.26
(
0.08%
)
Brent Oil
82.15
(
-0.87%
)
Bitcoin
62,285.45
(
-0.08%
)
Post# of 204
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Timothy Smith

Send PM Follow Ignore
Followers 123
Posts 7286
Boards Moderated 0
Alias Born 07/06/2012

Timothy Smith

Re: Enterprising Investor post# 153

Sunday, 09/13/2015 3:38:12 PM

Sunday, September 13, 2015 3:38:12 PM

Post# of 204
Phillips 66 and Spectra Energy will be dropping down assets to DCP Midstream, a 50/50 joint venture between the two companies.

Phillips 66 will contribute $1.5B in cash while Spectra Energy offers up its share in both the Sand Hills and Southern Hills NGL pipelines.

This transaction was made to provide a financial boost to DCP Midstream which has been hurt from very weak commodity prices.

This deal also benefits DCP Midstream Partners, which is DCP Midstream’s MLP.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent PSX News
More PSX News
InvestorsHub NewsWire

FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM

Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM

NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM

ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM

Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM

Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM

Start posting your company's news
Only $200 per official company press release!