Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Access Midstream Partners LP    

ACCESS MIDSTREAM PARTNERS LP
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Chesapeake Midstream Partners, L.P. : Increases Distribution to $0.405 Per Unit for the 2012 First Quarter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/27/2012 | 01:35pm CEST

Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of $0.405 per limited partner unit for the 2012 first quarter. The first quarter distribution represents an increase of $0.055, or 15.7%, compared to the 2011 first quarter and represents an increase of $0.015, or 3.8%, compared to the 2011 fourth quarter.

The distribution will be payable on May 15, 2012 to all unitholders of record at the close of business on May 8, 2012, together with the distribution to the general partner.

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Please note that 100% of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership's distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Chesapeake Midstream Partners, L.P. (NYSE:CHKM) is the industry's largest gathering and processing master limited partnership as measured by throughput volume and owns, operates, develops and acquires natural gas gathering systems and other midstream energy assets. Headquartered in Oklahoma City, the Partnership's operations are focused on the Barnett Shale, Haynesville Shale, Marcellus Shale and Mid-Continent regions of the U.S. The Partnership's common units are listed on the New York Stock Exchange under the symbol CHKM. Further information is available at www.chkm.com where the Partnership routinely posts announcements, updates, events, investor information and presentations and all recent press releases.

This press release includes forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. They include but are not limited to future distributions and other statements concerning our business strategy and plans and objectives for future operations. We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date of this release, and we undertake no obligations to update this information. Although we believe the expectations and forecasts reflected in these and other forward-looking statements are reasonable, we can give no assurance they will prove to be correct. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Factors that could cause actual results to differ materially from expected results are described under "Risk Factors" in our 2011 Annual Report on Form 10-K.

Chesapeake Midstream Partners, L.P.
Investor Contact:
Dave Shiels, CFO, 405-935-6224
[email protected]
or
Media Contact:
Michael Kehs, 405-935-2560
[email protected]
or
Jim Gipson, 405-935-1310
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ACCESS MIDSTREAM PARTNERS
04/20WILLIAMS PARTNERS LP : Reward doubled to $20K after 700 pounds of dynamite stole..
AQ
04/18WILLIAMS PARTNERS LP : 640 pounds of dynamite stolen from Pennsylvania worksite
AQ
04/17WILLIAMS PARTNERS LP : Partners Analyst Day Set for May 17
BU
04/12WILLIAMS PARTNERS LP : Partners to Report First-Quarter 2018 Financial Results o..
BU
04/05WILLIAMS PARTNERS LP : Announces Garden State Expansion Placed Into Service
AQ
03/30WILLIAMS : Bank of America Maintains $33 Target On Williams Companies Shares, Ma..
AQ
03/26WILLIAMS PARTNERS LP : Pipeline expansion placed into service
AQ
03/25WILLIAMS PARTNERS LP : Announces Garden State Expansion Placed Into Service
AQ
03/22WILLIAMS : CEO to Present at Scotia Howard Weil 2018 Energy Conference
BU
03/16WILLIAMS PARTNERS LP : and Partners Statement on FERC Income Tax Policy Revision
BU
More news
Financials ($)
Sales 2018 8 074 M
EBIT 2018 2 474 M
Net income 2018 1 529 M
Debt 2018 17 226 M
Yield 2018 7,20%
P/E ratio 2018 20,29
P/E ratio 2019 18,39
EV / Sales 2018 6,39x
EV / Sales 2019 6,47x
Capitalization 34 363 M
Chart ACCESS MIDSTREAM PARTNERS
Duration : Period :
Access Midstream Partners  Technical Analysis Chart | US16524K1088 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 45,0 $
Spread / Average Target 28%
EPS Revisions
Managers
NameTitle
Alan S. Armstrong Chairman & Chief Executive Officer
Michael G. Dunn Chief Operating Officer, Director & Executive VP
John D. Chandler Chief Financial Officer, Director & Senior VP
Philip L. Frederickson Independent Director
H. Brent Austin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ACCESS MIDSTREAM PARTNERS LP34 363
CONOCOPHILLIPS19.86%77 049
CNOOC LTD15.15%73 295
EOG RESOURCES5.68%65 947
OCCIDENTAL PETROLEUM CORPORATION3.16%58 511
CANADIAN NATURAL RESOURCES LIMITED1.54%43 178