Atlas Energy Group LLC
Which MLP Stocks Were the Biggest Losers in February 2017?
Biggest MLP losers of February 2017 CVR Partners (UAN), the MLP formed by CVR Energy (CVI) to own and operate its nitrogen fertilizer business, was the worst performing MLP last month. The huge decline in UAN’s stock price can be mainly attributed to its weak 4Q16 earnings. UAN’s 4Q16 earnings were negatively impacted by lower […]
Omega Advisors raises position in Atlas Energy amid Targa deal
Omega Advisors further added to its position in Atlas Energy LP (ATLS) this month. The fund said it holds 7,029,698 shares via an amended 13G filing.
Highlights of Omega Advisors via 13G filings
Omega Advisors’ top holdings at end of third quarter were American International Group (AIG), Citigroup (C), SiriusXM (SIRI), and Chimera Investment (CIM).
A brief overview on Atlas Pipeline Partners
The company provides natural gas gathering and processing services in the Eagle Ford Shale play in Texas, as well as in the Anadarko, Arkoma, and Permian basins.
Part 2 of Targa Resources’ acquisition deal with Atlas
After spinning off its non-midstream assets, ATLS’ assets will include its general partner and incentive distribution rights in APL, as well as 5.8 million APL units.
An overview of the Targa Resources and Atlas Pipeline deal
The combined company will create a midstream enterprise with more than 22,500 miles of crude oil and natural gas pipelines across the U.S. The $7.7 billion deal is expected to close in the first quarter of 2015.
Must-know: Atlas Pipeline’s first quarter earnings analysis
Atlas Pipeline Partners (APL) released its financial information for 1Q14 on May 5, 2014.