BPL News and Press, Buckeye Partners L.P. From 05/20/19

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited . We analyze the attractiveness and profitability of each spread going forward and indicate the trading positio...

Midstream was positive across the board this week, led by U.S. and Canadian corporations, but MLPs were positive as well. Midstream traded in line with utilities, which traded up on lower interest rates and a flight to safety across the market. Midstream keeping up with utilities was encoura...

This week, the entire midstream sector is out in Las Vegas at the annual Midstream Energy Infrastructure Conference. I'm here too, attending for my 15th straight year. Each year, it's a chance to reconnect with old friends, ex-colleagues, new friends, etc. While attending the conference and mi...

NEW YORK , May 15, 2019 /PRNewswire/ -- WeissLaw LLP   is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Buckeye Partners, L.P. ("Buckeye Partners" or the "Company") (NYSE: BPL) in connection with the proposed acquisit...

NEW YORK , May 15, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York City , is investigating: Andeavor Logistics LP. ("Andeavor" or the "Comp...

Buckeye Partners ( BPL +0.1% ) is downgraded to Sell from Hold at Argus following last Friday's news that it would be acquired by IFM Investors at a 27.5% premium relative to the stock's prior closing price. More news on: Buckeye Partners, L.P., Energy stocks news, Read more ... ...

Welcome to the Tortoise QuickTake podcast . Thank you for joining us. Today, Tortoise provides a timely update on trending topics in the market. Hello, I am Matt Sallee, Energy Portfolio Manager at Tortoise. It was a wild ride last week in markets where the S&P was "Trumped" by self-inf...

May 10th must have been a rather exciting day for shareholders in Buckeye Partners L.P. ( BPL ). This is because shares of the midstream energy firm soared, closing up 28.3% after news broke that the company would be acquired in an all-cash deal by IFM Global Infrastructure Fund, a wholly-...

Two important MLPs Energy Transfers ( ET ) and Enterprise Product Partners ( EPD ) both reported record cash flows within the last week. This along with the buyout of Buckeye Partners ( BPL ) and a 28% one day gain are showing there is money in this sector. After 4 years of bearish action and ...

Merger activity increased last week with nine new deals announced and two pending deals closing. Deal Statistics: New Deals: The acquisition of Chesapeake Lodging Trust (CHSP) by Park Hotels & Resorts (PK) for $2.7 billion in a cash plus stock deal. Under the terms of the me...