Thursday, February 5, 2015

UNP Increases Dividend -- February 5, 2015

Union Pacific announces 10 % dividend increase to $0.55/share and $4.3 billion capital plan for 2015:
  • The Board  approved the Company's 2015 capital program of ~$4.3 billion, up about $200 million versus 2014, driven primarily by equipment acquisitions and infrastructure investments. 
Williams Partners and Crestwood Midstream Partners announce commissioning of Bucking Horse Gas processing plant in Niobrara Shale play: Co and Crestwood Midstream Partners today announced the commissioning of the Bucking Horse gas processing facility located in Converse County, Wyoming, adding 120 million cubic feet per day of processing capacity in the Powder River Basin Niobrara Shale play.

Valero Energy Partners beats by $0.04, beats on revs: Reports Q4 (Dec) earnings of $0.32 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.28; revenues rose 3.4% year/year to $34.18 mln vs the $32.98 mln consensus. 
Just A Reminder

From the president's speech at the National Prayer Breakfast this morning:
At the National Prayer Breakfast, President Obama reminded attendees that violence rooted in religion isn’t exclusive to Islam, but has been carried out by Christians as well.

This would have been a whole lot better than the speech:

My Sweet Lord, George Harrison

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