Monday, November 21, 2016

Sunoco Logistics To Acquire DAPL Operator (ETP) -- November 21, 2016

Link here.
  • all stock deal worth about $20 billion
  • ETP shareholders will receive 1.5 common units of Sunoco stock for each share of ETP they own
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MDU Sells Its Share Of Natural Gas Processing Plant

Data points from press release:
  • MDU subsidiary WBI Energy Midstream (50%) and Whiting Oil & Gas Corp (50%)
  • Tesoro Logistics Rockies, LLC, will purchase plant for $200 million
  • MDU share: $100 million
  • MDU's subsidiary acquired Pronghorn natural gas processing plant in May, 2012, for $66 million

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