பைன் ஓடு நடுத்தர நீரோடை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பைன் ஓடு நடுத்தர நீரோடை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பைன் ஓடு நடுத்தர நீரோடை Today - Breaking & Trending Today

UGI Corp (UGI) Q2 2021 Earnings Call Transcript


Operator
Ladies and gentlemen, thank you for standing by, and welcome to the UGI Corporation s Second Quarter Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to your speaker today, Tameka Morris. Please go ahead.
Tameka Morris
Director of Investor Relations
Thank you. Good morning, everyone, and thank you for joining us. With me today are John Walsh, President and CEO of UGI; Roger Perreault, Executive Vice President, Global LPG and effective June 26, 2021, President and CEO of UGI; Ted Jastrzebski, CFO of UGI; and Bob Beard, Executive Vice President, Natural Gas. Before we begin, let me remind you that our comments today include certain forward-looking statements, which management believes to be reasonable as of today s date only. Actual results may differ significantly because of risks and uncertainties that are difficult to predict. Please read our earnings release and our annual report on Form 10-K for an ex ....

United States , Texas Creek , Pine Run , West Virginia , Tameka Morris , Johnl Walsh , Marc Solecitto Barclays , Ted Jastrzebski , John Walsh , Marc Solecitto , Roger Perreault , Tedj Jastrzebski , Ugi Corp , Corporation Second Quarter Earnings Conference Call , Energy Services , Cylinder Exchange , Pine Run Midstream , Our National , Mountaineer Gas Company , Energy Services Midstream , Second Quarter Earnings Conference , Executive Vice President , Bob Beard , Chief Executive , National Accounts , Vice President ,

Stonehenge, UGI Acquire Pine Run Midstream Natural Gas Gathering System | North American Oil & Gas Pipelines


February 16, 2021News
Pine Run Gathering LLC announced Feb. 16 that it has completed a transaction to acquire Pine Run Midstream LLC from an affiliate of PennEnergy Resources LLC and minority partners for $205 million.
Pine Run Gathering is a joint venture owned by a subsidiary of Stonehenge Energy Resources III LLC, a portfolio company of Energy Spectrum Partners VIII LP, and by a subsidiary of UGI Energy Services LLC (UGIES), which is a subsidiary of UGI Corp.
/ Advertisement /
PennEnergy, a Pittsburgh-based independent oil and gas company, is a leading Appalachian based producer and anchor customer on the Pine Run system. Stonehenge III is the third partnership between Energy Spectrum Capital and Stonehenge Energy Resources management. The transaction will be financed with equity capital from both Stonehenge III (51 percent) and UGIES (49 percent) as well as a senior secured loan credit facility. ....

Pine Run , United States , West Virginia , Patrick Redalen , Josephl Hartz , Energy Spectrum Partners , Energy Services , Pennenergy Resources , Pine Run Midstream , Columbia Midstream Group , Energy Spectrum Capital , Pine Run Gathering , Holt Co , Stonehenge Energy Resources , Winston Strawn , Baker Botts , Run Gathering , Run Midstream , Pine Pipeline , Columbia Midstream , பைன் ஓடு , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு வர்ஜீனியா , ஆற்றல் ஸ்பெக்ட்ரம் கூட்டாளர்கள் , ஆற்றல் சேவைகள் , பைன் ஓடு நடுத்தர நீரோடை ,

PennEnergy Sells PA Pipe System to Energy Spectrum & UGI for 5M

Once you sort through all of the subsidiaries of subsidiaries of subsidiaries, you'll find this news from a press release we spotted this morning: PennEnergy Resources has sold a gathering pipeline system in western Pennsylvania, called Pine Run Midstream, to a joint venture partnership between venture capital firm Energy Spectrum Partners (based in Texas) and utility/pipeline company UGI (based in Pennsylvania). Sale price: $205 million. You'll see in the press release below that a company called Stonehenge III (a subsidiary of Stonehenge Energy Resources, which is itself a portfolio company of Energy Spectrum Partners) will own the majority of the Pine Run Midstream gathering system at 51%, while UGI Energy Services (UGIES), a subsidiary of UGI, will own 49%. Pine Run Midstream is a 43-mile gathering pipeline located in Butler and Armstrong counties in PA. The reason for the purchase is obvious when you view the map below: As you can see, both UGI and Stonehenge own other p ....

Pine Run , United States , Energy Spectrum Partners , Pennenergy Resources , Pine Run Midstream , Armstrong County , Butler County , Energy Companies , Energy Services , Industrywide Issues , Ugi Energy Services , பைன் ஓடு , ஒன்றுபட்டது மாநிலங்களில் , ஆற்றல் ஸ்பெக்ட்ரம் கூட்டாளர்கள் , பைன் ஓடு நடுத்தர நீரோடை , ஆம்ஸ்ட்ராங் கவுண்டி , பட்லர் கவுண்டி , ஆற்றல் நிறுவனங்கள் , ஆற்றல் சேவைகள் ,