Houston, TX, United States
Houston, TX, United States

Enbridge, Inc. is an energy delivery company based in Calgary, Alberta, Canada. It focuses on the transport and distribution of crude oil, natural gas, and other liquids. The company is the largest natural gas distributor in Canada and a major oil pipeline transport operator in North America. In addition, it had invested renewable energy projects. The company has more than 11,000 employees, mostly in Canada and the United States. Wikipedia.


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News Article | May 18, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 18, 2017) - Dividend 15 Split Corp. declares its 158th consecutive monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable June 9, 2017 to shareholders on record as at May 31, 2017. Since inception Class A shareholders have received a total of $19.30 per share and Preferred shareholders have received a total of $6.93 per share inclusive of this distribution, for a combined total of $26.23. Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TransCanada Corporation.


Last Friday at the close, shares in San Antonio, Texas headquartered Abraxas Petroleum Corp. ended 6.04% higher at $1.93. The stock recorded a trading volume of 1.31 million shares. The Company's shares are trading below their 200-day moving average by 0.36%. Furthermore, shares of Abraxas Petroleum, which engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the US, have a Relative Strength Index (RSI) of 52.97. On May 09th, 2017, Abraxas Petroleum reported financial and operating results for Q1 2017. The three months ended March 31st, 2017 resulted in production of 614 MBoe (6,822 Boepd); revenue of $18.8 million; net income of $13.7 million, or $0.09 per share; adjusted net income, excluding certain non-cash items, of $4.9 million, or $0.03 per share; EBITDA of $11.7 million; and adjusted EBITDA per bank loan covenants of $15.5 million. Sign up and read the free research report on AXAS at: Oklahoma City, Oklahoma-based Continental Resources Inc.'s stock finished Friday's session 0.19% higher at $42.06 with a total trading volume of 2.34 million shares. The Company's shares are trading below their 50-day moving average by 4.28%. Shares of the Company, which explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the US, have an RSI of 44.72. On May 03rd, 2017, Continental Resources announced Q1 operating and financial results. The Company reported net income of $0.47 million, or $0.00 per diluted share, for the quarter ended March 31st, 2017. Net cash provided by operating activities was $470.2 million, EBITDAX was $482.5 million, and net production totaled 19.2 million barrels of oil equivalent for the quarter. On May 05th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. The complimentary research report on CLR can be downloaded at: Shares in Houston, Texas headquartered Enbridge Energy Management L.L.C. ended the session 2.42% higher at $16.95. A total volume of 802,510 shares was traded, which was higher than their three months average volume of 480,090 shares. The stock is trading below its 50-day moving average by 3.99%. Moreover, shares of Enbridge Energy Management, which owns and operates crude oil and liquid petroleum transportation and storage assets in the US, have an RSI of 43.00. On May 04th, 2017, Enbridge Energy Management confirmed that its previously declared share distribution, to be paid on May 15th, 2017, will consist of 1.9493 additional shares for each 100 shares of record on May 08th, 2017. The distribution of additional shares is based on the notional cash value of the declared distribution of $0.35 per share and the average closing price of Enbridge shares for the ten consecutive trading days prior to the ex-dividend date. Register for free on Stock-Callers.com and access the latest report on EEQ at: Williamsville, New York-based National Fuel Gas Co.'s shares recorded a trading volume of 329,838 shares. The stock closed 0.25% higher at $56.71. The Company's shares have gained 4.92% in the past month and 0.81% since the start of this year. The stock is trading 1.31% above its 200-day moving average. Additionally, shares of National Fuel Gas, which operates as a diversified energy company, have an RSI of 53.75. On April 19th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Underperform' to 'Hold'. On May 05th, 2017, National Fuel Gas announced consolidated results for Q2 FY17 and for the six months ended March 31st, 2017. Highlights for Q2 FY17 included consolidated net income of $89.3 million, adjusted EBITDA of $227.0 million, and net production of 45.6 Bcfe. The Company also raised and tightened its fiscal 2017 earnings guidance to a range of $3.20 to $3.35 per share. 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A prominent free-market economist, Stephen Moore is the author of "Fueling Freedom: Exposing the Mad War on Energy" and is a Senior Economic Analyst at CNN. During the 2016 Presidential campaign, Moore served as a Senior Economic Adviser to Donald Trump, where he advised the U.S. President on tax reform, regulatory reform and energy policy. With more than thirty years of experience as an economist and as a leading thinker on the impact of government on business, Moore has an extensive understanding of energy policy and the shifts in our global economy. At the Summit in Calgary, Moore will provide insight into the mechanics of the U.S. administration's pro-growth energy policy and how Canadian energy companies can prepare to take advantage. Over 200 operations leaders will be attending the conference to learn best practice for eliminating sources of risk, cost and complexity in their operations and driving world-class business performance. Confirmed companies in attendance include: Enbridge, BP, Cenovus, Canadian Energy Pipeline Association, Alberta Energy Regulator, Statoil, U.S. Chemical Safety Board, Baker Hughes, Shell Canada and many more. Key sessions that delegates can look forward to at the 2017 OE Summit include: To see the full event line-up, download a copy of the agenda at opexsummit.iqpc.com/agenda There are only a few places left to attend this executive-level summit. Remaining tickets can be purchased at opexsummit.iqpc.com/register


TORONTO, ONTARIO--(Marketwired - May 17, 2017) - Enbridge Gas Distribution (Enbridge) is proud to announce and congratulate the winners of the Enbridge Energy School Challenge. Enbridge teamed up with Ontario EcoSchools for the 2016/2017 school year to inspire students to learn more about energy efficiency in a fun, interactive and competitive way. Twenty five schools from seven school boards participated in the challenge, which ran from October 2016 to April 2017. All three winners come from the Peel District School Board and will be accepting their awards later this month. Schools who participated completed activities such as: creating energy efficiency plans; developing communication strategies for their Green (Eco) Teams; working on energy efficiency art projects; and conducting home and school energy audits. As part of the challenge, students were able to track their energy consumption through the Enbridge Energy Dashboard, which also enabled them to see their scores and their school's standing in the Challenge. All the submissions were very inventive and unique, and the students showed a great deal of enthusiasm. Over the last few weeks of the Challenge, the top two schools battled for first place - and it came down to just three points. The final standings are as follows: DETAILS: Stephen Lewis Secondary School will receive $3,000 for their efforts, resulting in a 21,304 m3 reduction in their natural gas use during the challenge, pushing them through to the win. That energy reduction removes 40 tonnes of carbon dioxide (CO ) from the environment - equivalent to a car driving approximately 154,000 km. $2,000 will be awarded to Humberview Secondary School who completed 13 out of a possible 15 challenges to gain second place. In third place, Lincoln M. Alexander Secondary School will receive $1,000. The students implemented ten of the 15 activities, such as a community garden in Malton and a waste audit. Enbridge Gas Distribution Inc. has a more than 165-year history and is Canada's largest natural gas distribution company. It is owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution, and has ranked on the Global 100 Most Sustainable Corporations index for the past eight years. Enbridge Gas Distribution distributes natural gas to over two million customers in Ontario. For more information: visit www.enbridgegas.com, or on Twitter and Instagram @EnbridgeGas.


News Article | May 16, 2017
Site: cleantechnica.com

One of America’s leading banks, U.S. Bank, announced in April that it would formally exclude all gas and oil pipelines from its project financing. In a revision to the company’s Environmental Responsibility Policy, U.S. Bank stated that it no longer “provide project financing for the construction of oil or natural gas pipelines.” Further, U.S. Bank explained that “relationships with clients in the oil and gas pipeline industries are subject to the Bank’s enhanced due diligence processes.” This new policy is added to existing policies not to “extend credit to, provide financing to, or participate in relationships involving individual Mountain Top Removal (MTR) projects or coal producers who rely on MTR for anything more than a limited portion of its firm’s overall coal production” as well as direct prohibition for “project financing of coal-fired power plants and relationships that involve constructing such plants.” The news was unsurprisingly welcomed by environmental advocates seeking to hinder the development of future gas and oil pipelines in the United States. “U.S. Bank’s new policy is an important step in protecting the environment and moving towards a fossil free future,” said Wichahpi Otto, a volunteer with the climate justice group MN350, who travelled to Nashville for the shareholders meeting. “We applaud them for responding to the community and contributing to worldwide efforts to address climate change.” According to MN350 (The Minnesota chapter of 350.org), U.S. Bank had recently renewed commitments with Energy Transfer Partners, the company behind the construction of the Dakota Access Pipeline, and with Enbridge Energy, the company operating pipelines in Minnesota, but there appears to be no news yet whether these agreements have been invalidated or skate by thanks to some grandfathering trickery. “We applaud this progressive decision from U.S. Bank,” added Tara Houska, National Campaigns Director of Honor the Earth. “A strong message is being sent to the fossil fuel industry: we are consumers, we have agency and the right to know how our money is being invested. Move to a green economy and a future that does not profit off the destruction of Mother Earth and our communities.” Check out our new 93-page EV report. Join us for an upcoming Cleantech Revolution Tour conference! Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.


News Article | May 17, 2017
Site: globenewswire.com

DENVER, May 17, 2017 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced the planned divestiture of its Douglas gathering system in Wyoming, which includes approximately 1,500 miles of gathering lines, to Tallgrass Energy Partners, LP (NYSE:TEP) for approximately $128 million, subject to customary closing adjustments. The transaction is expected to close on or before the end of the quarter. The proceeds from this transaction will be used to fund its strategic organic growth projects around its premier footprint, such as potential expansions of the Sand Hills NGL pipeline in the Permian and additional processing capacity and gathering systems in the DJ Basin. “We are continuing to strategically high-grade our portfolio by divesting non-core assets and redeploying the cash into strong return, lower risk, accretive fee-based projects that are already in-flight or in development,” said Wouter van Kempen, chairman, president and CEO of DCP Midstream. “We are excited about our growth opportunities that continue to extend our integrated midstream value chain and optimize our footprint.” The transaction has been approved by appropriate governing bodies of both companies, but remains subject to satisfaction of specified closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. DCP Midstream, LP (NYSE:DCP) is a midstream master limited partnership, with a diversified portfolio of assets, engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering and selling condensate. DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines, with operations in 17 states across major producing regions and leads the midstream segment as one of the largest natural gas liquids producers and marketers and one of the largest natural gas processors in the U.S. Denver, Colorado based DCP is managed by its general partner, DCP Midstream GP, LP, which is managed by its general partner, DCP Midstream GP, LLC, which is 100% owned by DCP Midstream, LLC. DCP Midstream, LLC is a joint venture between Enbridge and Phillips 66. For more information, visit the DCP Midstream, LP website at www.dcpmidstream.com. This press release may contain or incorporate by reference forward-looking statements as defined under the federal securities laws regarding DCP Midstream, LP, including projections, estimates, forecasts, plans and objectives. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond DCP's control. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, DCP's actual results may vary materially from what management anticipated, estimated, projected or expected. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements are set forth in DCP’s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak as of the date of this announcement. DCP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


News Article | May 17, 2017
Site: globenewswire.com

DENVER, May 17, 2017 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced the planned divestiture of its Douglas gathering system in Wyoming, which includes approximately 1,500 miles of gathering lines, to Tallgrass Energy Partners, LP (NYSE:TEP) for approximately $128 million, subject to customary closing adjustments. The transaction is expected to close on or before the end of the quarter. The proceeds from this transaction will be used to fund its strategic organic growth projects around its premier footprint, such as potential expansions of the Sand Hills NGL pipeline in the Permian and additional processing capacity and gathering systems in the DJ Basin. “We are continuing to strategically high-grade our portfolio by divesting non-core assets and redeploying the cash into strong return, lower risk, accretive fee-based projects that are already in-flight or in development,” said Wouter van Kempen, chairman, president and CEO of DCP Midstream. “We are excited about our growth opportunities that continue to extend our integrated midstream value chain and optimize our footprint.” The transaction has been approved by appropriate governing bodies of both companies, but remains subject to satisfaction of specified closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. DCP Midstream, LP (NYSE:DCP) is a midstream master limited partnership, with a diversified portfolio of assets, engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering and selling condensate. DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines, with operations in 17 states across major producing regions and leads the midstream segment as one of the largest natural gas liquids producers and marketers and one of the largest natural gas processors in the U.S. Denver, Colorado based DCP is managed by its general partner, DCP Midstream GP, LP, which is managed by its general partner, DCP Midstream GP, LLC, which is 100% owned by DCP Midstream, LLC. DCP Midstream, LLC is a joint venture between Enbridge and Phillips 66. For more information, visit the DCP Midstream, LP website at www.dcpmidstream.com. This press release may contain or incorporate by reference forward-looking statements as defined under the federal securities laws regarding DCP Midstream, LP, including projections, estimates, forecasts, plans and objectives. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond DCP's control. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, DCP's actual results may vary materially from what management anticipated, estimated, projected or expected. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements are set forth in DCP’s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak as of the date of this announcement. DCP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


News Article | May 17, 2017
Site: globenewswire.com

DENVER, May 17, 2017 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced the planned divestiture of its Douglas gathering system in Wyoming, which includes approximately 1,500 miles of gathering lines, to Tallgrass Energy Partners, LP (NYSE:TEP) for approximately $128 million, subject to customary closing adjustments. The transaction is expected to close on or before the end of the quarter. The proceeds from this transaction will be used to fund its strategic organic growth projects around its premier footprint, such as potential expansions of the Sand Hills NGL pipeline in the Permian and additional processing capacity and gathering systems in the DJ Basin. “We are continuing to strategically high-grade our portfolio by divesting non-core assets and redeploying the cash into strong return, lower risk, accretive fee-based projects that are already in-flight or in development,” said Wouter van Kempen, chairman, president and CEO of DCP Midstream. “We are excited about our growth opportunities that continue to extend our integrated midstream value chain and optimize our footprint.” The transaction has been approved by appropriate governing bodies of both companies, but remains subject to satisfaction of specified closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. DCP Midstream, LP (NYSE:DCP) is a midstream master limited partnership, with a diversified portfolio of assets, engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering and selling condensate. DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines, with operations in 17 states across major producing regions and leads the midstream segment as one of the largest natural gas liquids producers and marketers and one of the largest natural gas processors in the U.S. Denver, Colorado based DCP is managed by its general partner, DCP Midstream GP, LP, which is managed by its general partner, DCP Midstream GP, LLC, which is 100% owned by DCP Midstream, LLC. DCP Midstream, LLC is a joint venture between Enbridge and Phillips 66. For more information, visit the DCP Midstream, LP website at www.dcpmidstream.com. This press release may contain or incorporate by reference forward-looking statements as defined under the federal securities laws regarding DCP Midstream, LP, including projections, estimates, forecasts, plans and objectives. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond DCP's control. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, DCP's actual results may vary materially from what management anticipated, estimated, projected or expected. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements are set forth in DCP’s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak as of the date of this announcement. DCP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


News Article | May 17, 2017
Site: globenewswire.com

DENVER, May 17, 2017 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced the planned divestiture of its Douglas gathering system in Wyoming, which includes approximately 1,500 miles of gathering lines, to Tallgrass Energy Partners, LP (NYSE:TEP) for approximately $128 million, subject to customary closing adjustments. The transaction is expected to close on or before the end of the quarter. The proceeds from this transaction will be used to fund its strategic organic growth projects around its premier footprint, such as potential expansions of the Sand Hills NGL pipeline in the Permian and additional processing capacity and gathering systems in the DJ Basin. “We are continuing to strategically high-grade our portfolio by divesting non-core assets and redeploying the cash into strong return, lower risk, accretive fee-based projects that are already in-flight or in development,” said Wouter van Kempen, chairman, president and CEO of DCP Midstream. “We are excited about our growth opportunities that continue to extend our integrated midstream value chain and optimize our footprint.” The transaction has been approved by appropriate governing bodies of both companies, but remains subject to satisfaction of specified closing conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. DCP Midstream, LP (NYSE:DCP) is a midstream master limited partnership, with a diversified portfolio of assets, engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering and selling condensate. DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines, with operations in 17 states across major producing regions and leads the midstream segment as one of the largest natural gas liquids producers and marketers and one of the largest natural gas processors in the U.S. Denver, Colorado based DCP is managed by its general partner, DCP Midstream GP, LP, which is managed by its general partner, DCP Midstream GP, LLC, which is 100% owned by DCP Midstream, LLC. DCP Midstream, LLC is a joint venture between Enbridge and Phillips 66. For more information, visit the DCP Midstream, LP website at www.dcpmidstream.com. This press release may contain or incorporate by reference forward-looking statements as defined under the federal securities laws regarding DCP Midstream, LP, including projections, estimates, forecasts, plans and objectives. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond DCP's control. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, DCP's actual results may vary materially from what management anticipated, estimated, projected or expected. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements are set forth in DCP’s filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak as of the date of this announcement. DCP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Patent
Enbridge Inc. | Date: 2014-01-28

A device, system and method of locating a target pipe in a pipe system utilizes an electric signal transmitter and an electrical signal detector. A pipe locator signal conductor comprises a spool and a flexible insulated electrical conductor wound around the spool. The exposed end of the conductor is fixed near an entry point in the pipe system, and the spool is fed into the pipe system such that the conductor pays off of the spool and extends at least partially through the target pipe. The signal transmitter is coupled to the exposed end of the conductor, transmitting a signal through the conductor and allowing the pipe to be located by the signal detector.

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