|By PR Newswire||
|March 18, 2014 08:01 AM EDT||
NEW YORK, March 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Summit Midstream Partners LP (NYSE: SMLP), Dominion Resources, Inc. (NYSE: D), PPL Corporation (NYSE: PPL), Entergy Corporation (NYSE: ETR), and AGL Resources Inc. (NYSE: GAS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Summit Midstream Partners LP Analyst Notes
On March 11, 2014, Summit Midstream Partners LP (SMLP) announced the pricing of its underwritten public offering of 9.0 million common units representing limited partner interests in SMLP, of which 5.3 million common units are being offered by the Company and 3.7 million common units (upsized from 2.7 million common units announced earlier) are being offered by Summit Midstream Partners Holdings, LLC (SMP Holdings), at a public offering price of $38.75 per common unit. The net proceeds from the offering, which is scheduled to close on March 17, 2014, will be used to fund a portion of the purchase price of its pending acquisition of all of the issued and outstanding membership interests in Red Rock Gathering Company, LLC. SMLP stated that it will not receive any proceeds from the common units sold by SMP Holdings. The full analyst notes on Summit Midstream Partners LP are available to download free of charge at:
Dominion Resources, Inc. Analyst Notes
On March 12, 2014, Dominion Resources, Inc. (Dominion) announced that the Federal Energy Regulatory Commission (FERC) will issue its Environmental Assessment for the Dominion Cove Point LNG liquefaction and export project on May 15, 2014. According to Dominion, the proposed export facility will be within the 131-acre footprint of the LNG import facility, which has been in Calvert County for 40 years. The Company stated that it needs about 50 permits and approvals before construction can begin. Diane Leopold, President of Dominion Energy, remarked, "We are pleased to reach another important milestone in the development of a project that has very significant economic, environmental and geopolitical benefits. Dominion is dedicated to constructing a safe, environmentally compatible and reliable export facility that will be an asset to the community, state and country." The full analyst notes on Dominion Resources, Inc. are available to download free of charge at:
PPL Corporation Analyst Notes
On March 12, 2014, PPL Corporation (PPL) announced the PPL Electric Utilities Electrical Safety Poster Contest for students in kindergarten through 8th grade in schools served by the utility in central and eastern Pennsylvania. PPL informed that the entries will be grouped into three categories: Grades K-2, grades 3-5 and grades 6-8; and that the grand prize winner for each category will receive $500, with their teachers receiving a $500 classroom grant. The three finalists in each category will also receive $200 each. Brian Zickefoose, the Utility's Health and Safety Manager said, "This contest is designed to get kids thinking about how to stay safe around electricity at home, school and play. It's an interesting way to get the message across and to encourage electrical safety discussion at school and at home." Entries must be postmarked no later than April 30, 2014, and winners will be announced on or before May 21, 2014.The full analyst notes on PPL Corporation are available to download free of charge at:
Entergy Corporation Analyst Notes
On March 11, 2014, Entergy Corporation (Entergy) announced that its subsidiary, Entergy Texas, Inc. customers in the Willis area may see contract workers removing vegetation or danger trees that could cause problems for their electric service, throughout the month of March 2014. Customers can expect to see crews using aerial basket trucks, tractors and specialized equipment in the trimming effort. Victor Enmon, Customer Service Representative for the Area stated, "Our goal is to keep the lights on for our customers. A key part of doing that involves having an aggressive vegetation management program. We keep a schedule that ensures all of our power lines receive regular vegetation maintenance. This helps ensure that limbs and other vegetation are cleared away in order to minimize power interruptions to our customers." The full analyst notes on Entergy Corporation are available to download free of charge at:
AGL Resources Inc. Analyst Notes
On March 10, 2014, AGL Resources Inc. (AGL Resources) announced the promotion of Jim Kiebler to the position of Senior Vice President of External Affairs and Public Policy. According to the Company, in Kiebler's newly expanded role, he will continue to shape the Company's overall public policy initiatives, coordinate policy development, and direct Congressional relations, federal agency interaction, and state and local government affairs. Commenting on the promotion, Hank Linginfelter, Executive Vice President, AGL Resources Distribution Operations, said, "Jim's strategic vision and leadership have been instrumental in the execution of solid public policies in several of the states we serve. His expertise and his ability to work with federal and local governments across our footprint have resulted in good outcomes for our company, our customers and the natural gas industry as a whole." The full analyst notes on AGL Resources Inc. are available to download free of charge at:
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