Master limited partnership

Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

Retrieved on: 
Monday, November 13, 2023
Master limited partnership, NYSE, Brookfield (corporation), TSX, Brookfield Property Partners, NEWS

BROOKFIELD NEWS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Property Partners (“BPY” or the "Partnership") announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit, $0.3984375 per unit, $0.359375 per unit and $0.390625 per unit, respectively, payable on or before December 31, 2023, to holders of record at the close of business on December 1, 2023.

Key Points: 
  • BROOKFIELD NEWS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Brookfield Property Partners (“BPY” or the "Partnership") announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit, $0.3984375 per unit, $0.359375 per unit and $0.390625 per unit, respectively, payable on or before December 31, 2023, to holders of record at the close of business on December 1, 2023.
  • Brookfield Property Partners is one of the world’s premier real estate companies.
  • We own and operate iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing and self-storage.
  • Brookfield Property Partners is a subsidiary of Brookfield Corporation (NYSE: BN, TSX: BN).

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Retrieved on: 
Monday, November 13, 2023
Umbrella, Amore, Sale, Acquisition, Date, Jera, Master limited partnership, CPLP, Full City, Calendar, Oliver Cromwell, BGT, Total, General partner, CMB, Weather, Sullivan & Cromwell, Stroke, Prospectus, Partnership, Ammonia, Mio, Assos, Life, Tokyo Gas, Policy, CO2, General partnership, Committee, Security (finance), Airline, Natural gas, Shipbuilding, LNG, New energy, Hyundai, Apostolos

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

Key Points: 
  • The charterer has the option to extend the charter for 36 months (+30/-30 days).
  • (5)  In November 2022, the company owning the LNG/C Assos, entered into a time charter agreement with Tokyo Gas for 10 years (+30/-30 days).
  • Available days per vessel for LNG/Cs Assos and Apostolos are adjusted for one special survey per vessel.
  • The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company.

First Trust Energy Infrastructure Fund Issues Notice Regarding December 2023 Distribution

Retrieved on: 
Friday, December 15, 2023
Professional Services, Finance, Hamas, Terrorism, FTA, MLP, Fund, Notice, Master limited partnership, Risk, Investment, Federal, Internal Revenue Code, Total return swap, Calendar, Uncertainty, AIB (NI), EIP, Hedge fund, COVID-19, FTP, FINRA, London Interbank Bid Rate, Judgement, Infection, ERISA, Federal Reserve, LIBOR, Net asset value, Life insurance, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2023

Retrieved on: 
Wednesday, December 13, 2023
Maritime, Other Energy, Transport, Oil, Gas, Energy, Other Transport, EBITDA, Partnership, Sale, Employment, Master limited partnership, SOFR, FPSO, Knutsen NYK Offshore Tankers, Asset-backed security, Depreciation, Bank statement, Exercise, Shell, Repsol, GAAP, Adjustment, NYK, Total, Growth, LIBOR, Cryptocurrency, Airline, Renting, Beauty salon, Security (finance), Equinor

For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):

Key Points: 
  • For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):
    Generated total revenues of $72.7 million, operating income of $20.6 million and net income of $12.6 million.
  • Vessel operating expenses for Q3 2023 were $23.2 million, a decrease of $2.1 million from $25.3 million in Q2 2023.
  • Depreciation was $27.5 million for Q3 2023, a decrease of $0.6 million from $28.1 million in Q2 2023.
  • Interest expense for Q3 2023 was $18.5 million, an increase of $0.4 million from $18.1 million for Q2 2023.

First Trust Energy Infrastructure Fund Issues Notice Regarding November 2023 Distribution

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Finance, Terrorism, FTA, MLP, Fund, Notice, Master limited partnership, Risk, Investment, Federal, Internal Revenue Code, Total return swap, Calendar, Uncertainty, AIB (NI), EIP, Hedge fund, COVID-19, FTP, FINRA, London Interbank Bid Rate, Judgement, Infection, ERISA, Federal Reserve, LIBOR, Net asset value, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

ONE Gas Announces the Retirement of Chief Financial Officer and Names Successor

Retrieved on: 
Thursday, November 16, 2023
Accounting, Economics, Politics, NYSE, University, Treasury, Master limited partnership, CFA, Jefferies Financial Group, Cesare Sighinolfi, Lawhorn, ONE Gas, Philosophy, Management

The ONE Gas Board of Directors has elected Christopher P. Sighinolfi, vice president of corporate development, investor relations and sustainability, to succeed Lawhorn as senior vice president and chief financial officer, effective January 1, 2024.

Key Points: 
  • The ONE Gas Board of Directors has elected Christopher P. Sighinolfi, vice president of corporate development, investor relations and sustainability, to succeed Lawhorn as senior vice president and chief financial officer, effective January 1, 2024.
  • "Caron has done an incredible job leading our financial organization and is leaving it very well-positioned to move forward.
  • Before joining ONE Gas, he was managing director of U.S. Equity Research for Jefferies Financial Group.
  • He was responsible for coverage of natural gas utilities, midstream companies, independent U.S. refineries and energy Master Limited Partnerships.

Energy Transfer Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Oil, Gas, Energy, Transfer, Sale, Sunoco, NYSE, Mont Belvieu, Texas, Public expenditure, NGL, EBITDA, USAC, Maintenance, BBB, Transport, SUN, Partnership, Master limited partnership, Energy Transfer Partners, Borrowing base, Natural gas, Propane, Cryptocurrency, Security (finance), LP

Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended September 30, 2023.

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended September 30, 2023.
  • Energy Transfer reported net income attributable to partners for the three months ended September 30, 2023 of $584 million.
  • Energy Transfer now expects its full-year 2023 Adjusted EBITDA to range between $13.5 billion and $13.6 billion, including the consolidated operations of Crestwood in November and December 2023.
  • In October 2023, Energy Transfer announced a quarterly cash distribution of $0.3125 per common unit ($1.25 annualized) for the quarter ended September 30, 2023.

Westlake Chemical Partners LP Announces Third Quarter 2023 Distribution

Retrieved on: 
Tuesday, October 31, 2023
Chemicals, Plastics, Manufacturing, Master limited partnership, NYSE, Treasury regulations, Partnership, WLKP, Architecture, Security (finance)

The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit.

Key Points: 
  • The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit.
  • This is the 37th quarterly distribution announced by the Partnership since its initial public offering.
  • The distribution will be payable on November 27, 2023, to unit holders of record on November 10, 2023.
  • Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Ninepoint Partners Closes 2023 Short Duration Flow-Through LP With Over $20 Million In Proceeds

Retrieved on: 
Tuesday, October 24, 2023
Sale, Mining, CIBC, Real assets, Geology, News, Investment, Prospectus, Partnership, Flow-through share, Digital asset, Master limited partnership, RBC Dominion Securities, TD, Security (finance), Unit, Sprot

TORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2023 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second and final closing in connection with its offering of Class A and Class F limited partnership Units (the “Units”) pursuant to a prospectus dated September 27, 2023.

Key Points: 
  • TORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2023 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second and final closing in connection with its offering of Class A and Class F limited partnership Units (the “Units”) pursuant to a prospectus dated September 27, 2023.
  • The Partnership raised $6,553,200 on the sale of an additional 262,128 units for aggregate gross proceeds of $20,321,675.
  • The Partnership intends to provide liquidity to limited partners through a tax-deferred rollover to the Ninepoint Resource Fund Class in the period between January 15, 2025 and February 28, 2025.
  • Since its inception in 2017, Ninepoint has successfully raised more Flow-Through Fund capital than any other asset manager in Canada.

Energy Transfer LP Announces Cash Distributions on Series C, D and E Preferred Units

Retrieved on: 
Friday, October 20, 2023
Maritime, Other Energy, Transport, Oil, Gas, Energy, Other Transport, Transfer, Sunoco, Security (finance), Treasury, NYSE, NGL, Electric Bond and Share Company v. Securities and Exchange Commission, News, USAC, SUN, Partnership, Master limited partnership, Energy Transfer Partners, Annual report, Treasury regulations, LP

Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.6488671 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.6621559 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).

Key Points: 
  • Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.6488671 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.6621559 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).
  • These cash distributions will be paid on November 15, 2023 to Series C, Series D and Series E unitholders of record as of the close of business on November 1, 2023.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with nearly 125,000 miles of pipeline and associated energy infrastructure.
  • Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.