10 May 2010quarterly activities report● Neutral
Breitburn Energy Partners LP reported quarterly revenue of $133.2 million for the period ended 2010-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 May 2010quarterly activities report● Neutral
Breitburn Energy Partners LP reported quarterly revenue of $133.2 million for the period ended 2010-03-31.
7 Apr 2010substantial holder notice● Neutral
Quicksilver Resources Inc reported a Breitburn Energy Partners LP shareholding of 21,347,972 shares (40.45% of votes) in a periodic institutional filing.
9 Feb 2010material agreement▲ GoodMajor
Breitburn settled all litigation with Quicksilver Resources for $13 million, expected to be covered by insurance, and immediately restored cash distributions at $1.50 a unit a year - the first since the 2008 crisis. The dispute that had frozen payouts and board composition since the Provident break-up was over.
9 Feb 2010substantial holder notice● Neutral
The Baupost Group, L.L.C. and 2 others disclosed a new substantial Breitburn Energy Partners LP shareholding (16.10% of votes).
19 June 2009substantial holder notice● Neutral
Quicksilver Resources Inc reported a Breitburn Energy Partners LP shareholding of 21,347,972 shares (40.45% of votes) in a periodic institutional filing.
10 June 2009securities registration● Neutral
Breitburn Energy Partners LP registered a securities offering with the SEC using its shelf eligibility.
1 May 2009substantial holder notice● Neutral
Quicksilver Resources Inc reported a Breitburn Energy Partners LP shareholding of 21,347,972 shares (40.45% of votes) in a periodic institutional filing.
30 Apr 2009substantial holder notice● Neutral
* The Baupost Group, L.L.C., * Baupost Value Partners, L.P.-IV, * SAK Corporation, * Seth A. Klarman disclosed a new substantial Breitburn Energy Partners LP shareholding (16.10% of votes).
7 Apr 2009substantial holder notice● Neutral
Quicksilver Resources Inc reported a Breitburn Energy Partners LP shareholding of 21,347,972 shares (40.45% of votes) in a periodic institutional filing.
12 Feb 2009substantial holder notice● Neutral
The Baupost Group, L.L.C. and 2 others reported a Breitburn Energy Partners LP shareholding of 8,157,439 shares (15.50% of votes) in a periodic institutional filing.
23 Dec 2008security holder rights change● Neutral
With the unit price collapsing in the 2008 crash, the board adopted a takeover defence: every unitholder got a right to buy an extra unit at $40 if anyone accumulated 20% or more. A defensive move, not an operational one.
5 Dec 2008securities registration● Neutral
Breitburn Energy Partners LP amended an already-effective registration statement.
29 Oct 2008securities registration● Neutral
Breitburn Energy Partners LP filed the final prospectus for a registered offering.
15 Oct 2008securities registration● Neutral
Breitburn Energy Partners LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
9 Oct 2008substantial holder notice● Neutral
The Baupost Group, L.L.C. and 2 others disclosed a new substantial Breitburn Energy Partners LP shareholding (11.76% of votes).
18 Sept 2008securities registration● Neutral
Breitburn Energy Partners LP registered a securities offering with the SEC using its shelf eligibility.
2 Sept 2008material agreement● NeutralMajor
The other half of the Provident separation: Breitburn's own senior managers, with Metalmark Capital and Greenhill Capital, bought the California predecessor company BreitBurn Energy Company from Provident. That company became a permanent related party - the same two co-CEOs sat on both sides - governed by a services agreement and a non-compete that split future opportunities between them.
31 July 2008securities registration● Neutral
Breitburn Energy Partners LP filed the final prospectus for a registered offering.
29 July 2008securities registration● Neutral
Breitburn Energy Partners LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
28 July 2008securities registration● Neutral
Breitburn Energy Partners LP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
18 July 2008securities registration● Neutral
Breitburn Energy Partners LP registered a securities offering with the SEC using its shelf eligibility.
23 June 2008asset acquisition disposition● NeutralMajor
Breitburn bought its own sponsor out: it paid Provident Energy Trust $335 million for 14.4 million of its own units and a further $10 million for 95.55% of the management company that controls its general partner. From here the partnership ran itself rather than being run by a Canadian parent.
2 June 2008securities registration● Neutral
Breitburn Energy Partners LP amended an already-effective registration statement.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP director David B Kilpatrick received a stock option grant for 3,866 shares.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP Controller Lawrence C Smith received a stock option grant for 9,841 shares.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP VP Geosciences & Eastern Div. Dwayne Tillman Stewart received a stock option grant for 8,511 shares.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP VP Reservoir Eng & Centrl Div. David Dean Baker received a stock option grant for 8,511 shares.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP S.V.P. Prod., Oper. & W. Div. Chris E Williamson received a stock option grant for 13,964 shares.
30 Apr 2008director interest notice● Neutral
Breitburn Energy Partners LP Treasurer Bruce D Mcfarland received a stock option grant for 6,383 shares.