Master limited partnership

MPLX LP to Announce Third-Quarter 2018 Financial Results On November 1

Retrieved on: 
Monday, October 15, 2018
Findlay, Ohio, Ohio, Marathon Petroleum, Economy of the United States, New York Stock Exchange, Petroleum industry, Economy, Master limited partnership

FINDLAY, Ohio, Oct.15, 2018 /PRNewswire/ --MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018.

Key Points: 
  • FINDLAY, Ohio, Oct.15, 2018 /PRNewswire/ --MPLX LP (NYSE: MPLX) a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), will release its 2018 third-quarter financial results before the market opens on Thursday, November 1, 2018.
  • MPLX will live broadcast its conference call with senior executives regarding its financial results and provide an update on company operations at 11 a.m. EDT.
  • Interested parties may listen to the conference call by visiting MPLX's website at http://www.mplx.com and clicking on the "2018 Third-Quarter Financial Results" link.
  • MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation to own, operate, develop and acquire midstream energy infrastructure assets.

NYSE® Pickens Core Midstream™ Index Launches as a Solution for Midstream Energy Exposure

Retrieved on: 
Monday, July 2, 2018
Corporate finance, Master limited partnership, New York Stock Exchange, Economy, Finance, Alerian

DALLAS, July 2, 2018 /PRNewswire/ --TriLine Index Solutions, the index development arm of BP Capital Fund Advisors, today announces the launch of the NYSE Pickens Core MidstreamTM Index, a new index that reflects pure midstream energy fundamentals, agnostic of the legal structure of the entity.

Key Points: 
  • DALLAS, July 2, 2018 /PRNewswire/ --TriLine Index Solutions, the index development arm of BP Capital Fund Advisors, today announces the launch of the NYSE Pickens Core MidstreamTM Index, a new index that reflects pure midstream energy fundamentals, agnostic of the legal structure of the entity.
  • The NYSE Pickens Core MidstreamTM Index addresses a major trend among midstream energy companies as they evolve their business structures from traditional Master Limited Partnerships (MLPs) to C-Corporations (C-Corps), providing a benchmark for pure midstream energy exposure in order to get as close as possible to the underlying assets and operating results.
  • The NYSE Pickens Core MidstreamTM Index is published to the ICE Data Global Index Feed under the tickers NYPYPE (Price Return) and NYPYPET (Total Return).
  • This latest index builds on the success of the NYSE Pickens Oil ResponseTM Index (NYPORPR / NYPORTR), and is administered and calculated by ICE Data Indices, LLC.

Neuberger Berman MLP Income Fund To Provide Fund Update Thursday, May 10, 2018

Retrieved on: 
Thursday, May 3, 2018
Finance, Economy, Money, Lehman Brothers, Neuberger Berman, Wall Street, Master limited partnership, Berman, Portfolio manager, Alerian

NEW YORK, May 3, 2018 /PRNewswire/ --Neuberger Berman MLP Income Fund Inc. (NYSE American: NML) (the "Fund") will provide an update with the Fund's portfolio managers, Doug Rachlin and Yves Siegel, to be held on Thursday, May 10, 2018 at 4:15 PM (Eastern).

Key Points: 
  • NEW YORK, May 3, 2018 /PRNewswire/ --Neuberger Berman MLP Income Fund Inc. (NYSE American: NML) (the "Fund") will provide an update with the Fund's portfolio managers, Doug Rachlin and Yves Siegel, to be held on Thursday, May 10, 2018 at 4:15 PM (Eastern).
  • The portfolio managers will provide an update and perspective on the marketplace for master limited partnerships ("MLPs") and review the Fund's performance and investment positioning.
  • Details for the update, including the dial-in information will also be posted to the Neuberger Berman website, www.nb.com .
  • The Fund, which is advised by Neuberger Berman, a private, independent, employee-owned investment manager, has an investment objective to seek total return with an emphasis on cash distributions.

Marathon Petroleum Corp. and Andeavor Combination to Create Leading U.S. Refining, Marketing, and Midstream Company

Retrieved on: 
Monday, April 30, 2018
Andeavor, Economy, Master limited partnership, Marathon Petroleum, Proxy statement, Business

"This strategic combination provides our shareholders with a premium for their shares and the opportunity to benefit from substantial future value creation at MPC.

Key Points: 
  • "This strategic combination provides our shareholders with a premium for their shares and the opportunity to benefit from substantial future value creation at MPC.
  • MPC's midstream business will include two high-quality master limited partnerships (MLPs) MPLX LP (NYSE: MPLX) and Andeavor Logistics (NYSE: ANDX).
  • This press release contains forward-looking statements within the meaning of federal securities laws regarding Marathon Petroleum Corporation ("MPC") and Andeavor ("ANDV").
  • The final joint proxy statement/prospectus will be mailed to stockholders of Marathon Petroleum Corporation ("MPC") and Andeavor ("ANDV").