Business & Financial News, Breaking US & International News | Reuters
Edition:
United States

Oil & Gas Exploration and Production

Page 2

Rice Energy Inc announces plans to form Midstream MLP

Monday, 11 Aug 2014 07:30am EDT

Rice Energy Inc:Says it is pursuing formation of midstream master limited partnership (MLP) and intends to confidentially submit draft Registration Statement on Form S-1 to the U.S. Securities and Exchange Commission for initial public offering (IPO) of common units of the MLP.Offering is expected to be completed in the first half of 2015.Says It is expected that the initial assets of the MLP will consist of Rice Energy's Pennsylvania gas gathering and water sourcing and distribution assets.Following closing of contemplated IPO, Rice Energy will control the general partner of MLP and will own 100 pct of incentive distribution rights and majority of the MLP limited partnership units.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider : Market Edge
$10.00
Provider : Edison Investment Research
$10.00
Provider : Edison Investment Research
$10.00
Provider : Edison Investment Research
$10.00
Provider : Edison Investment Research
$10.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.