Tag Archives: Royal Dutch Shell

BP Midstream Partners MLP Expects Q4 IPO

British energy giant BP (BP) recently announced that it plans on carving out its pipeline assets into a separately traded vehicle via IPO layer this year. The new company, BP Midstream Partners, will be structured as a Master Limited Partnership (MLP) and is expected to trade under the ticker ‘BPMP’. Here is what the new company will own:… Read More »

Conoco Details Its Spin

While speaking at a recent Barclay’s Energy Conference, ConocoPhillips (COP) CEO Jim Mulva provided an update on the company’s broad strategic repositioning plan including some additional details on its upcoming spinoff (see our earlier article on the spin here). The plan is to create a pure-play E&P company (retaining the Conoco name) along with a new downstream company.… Read More »