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This Ultra-High-Yield Dividend Stock Is Spending $625 Million to Add More Fuel to Grow Its Big-Time Payout

MPLX is using its financial flexibility to make another acquisition.

Ohio , United-states , Point-pleasant , Utica , Ohio-gathering-company , Ohio-condensate-company , Midstream-partners , Summit-midstream-utica , Summit-midstream , Ohio-gathering , Ohio-condensate

Summit Midstream sells $625m stake in Utica shale - Offshore Technology

Summit Midstream announced on Friday plans to sell its Utica shale assets to midstream company MPLX for $625m.

Utica , Pennsylvania , United-states , Ohio , West-virginia , Stephen-ellis , Heath-deneke , Company-profile , Ohio-condensate-company , Reuters , Company-profiles , Ohio-gathering-company

Summit Midstream Sells Utica Pipeline Assets to MPLX for $625M

Summit Midstream Partners, LP, which owns midstream (pipeline) assets in a number of major plays across the country, including the Marcellus/Utica, announced on Friday the sale of the company's Ohio Utica assets, including its Summit Midstream Utica, LLC subsidiary, which includes its approximately 36% interest in Ohio Gathering Company, approximately 38% interest in Ohio Condensate

West-virginia , United-states , Ohio , Marcellus-utica , Ohio-condensate-company , Ohio-gathering-company , Markwest-energy , Summit-midstream-utica , Midstream-partners , Ohio-utica , Energy-services , Industrywide-issues

Why Summit Midstream Partners Shares Are Jumping Today - Summit Midstream Partners (NYSE:SMLP)

Summit Midstream Partners shares surge after announcing $625 million cash sale of Summit Midstream Utica, reducing leverage and shifting portfolio focus.

Delaware , United-states , Utica , Ohio , Heath-deneke , Ohio-condensate-company , Ohio-gathering-company , Midstream-partners , Summit-midstream-utica , Midstream-utica , Summit-board , Delaware-basin

Why Summit Midstream Partners Shares Are Jumping Today

Why Summit Midstream Partners Shares Are Jumping Today
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Utica , Ohio , United-states , Ohio-condensate-company , Ohio-gathering-company , Summit-midstream-utica , Midstream-utica ,

Guernsey County commissioners approve road use agreements for pipeline projects

Commissioners also heard about Pound Partners' progress.

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Summit Midstream Partners, LP Reports Second Quarter 2022 Financial and Operating Results

Second quarter 2022 net loss of $91.8 million, adjusted EBITDA of $50.5 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF")...

Texas , United-states , Mesaverde , Colorado , Fort-worth , Delaware , Three-forks , Ohio , New-mexico , Williston-basin , North-dakota , Denver

Summit Midstream Partners, LP Reports Second Quarter 2022 Financial and Operating Results

Second quarter 2022 net loss of $91.8 million, adjusted EBITDA of $50.5 million and cash flow available for distributions ("Distributable Cash Flow" or "DCF")...

Texas , United-states , Mesaverde , Colorado , Fort-worth , Delaware , Three-forks , Ohio , New-mexico , Williston-basin , North-dakota , Denver

County approves proposal with V2 Architects for renovations at courthouse

Guernsey County commissioners approve proposal with V2 Architects for renovations at juvenile probation department in downtown courthouse.

Pennsylvania , United-states , Ohio , Cambridge , Cambridgeshire , United-kingdom , Cambridge-municipal-airport , Guernsey , Cannonsburg , Guernsey-county , Kenny-mathews , Ron-van-wey

Renovations at juvenile probation moving ahead after legal ruling

Renovations at Guernsey County Juvenile Probation Department moving ahead after legal ruling determines work by county crews allowed.

Richland , Ohio , United-states , Cambridge , Cambridgeshire , United-kingdom , State-of-ohio , Guernsey-county , Brenda-mourer , Ron-van-wey , Van-wey , Chris-bergerson