These results compare to net income of $33.0 million, or $0.31 per diluted share, for the second quarter of 2013, which included a $0.01 per diluted share after-tax loss from debt extinguishment costs. As previously reported, the Company completed its spin-off from Oil States International, Inc. ( OIS ) on May 30, 2014. For periods prior gorden batik jogja to the spin-off, Civeo’s financial position, results of operations and cash flows consisted of the Accommodations business of Oil States, which represented a combined reporting entity.
MLP ETFs Soar on Kinder Morgan Consolidation Plan – ETF News And Commentary – NASDAQ.com
Earlier in the week it was reported that N.C. State LB M.J. Salahuddin could miss the season with a knee injury and that USC LB Jabari Ruffin was out for the year with a knee injury. For more Texas A&M news, visit AggieYell.com. – – – – – – – Nick Bromberg is the assistant editor of Dr. Saturday on Yahoo Sports.
Kinder Morgan shares surged to a fresh high of $42.49 on the day but closed a little lower at $39.37 on elevated volume of more than 18 times the normal. Meanwhile, KMP, KMR and EPB also reached new highs, climbing 17.1%, 23.9% and 20.7%, respectively. The Alerian MLP index rose 3.7% on the day, marking the largest one-day increase in one and half years and drove all the MLP ETFs higher as well. In particular, ETRACS Wells Fargo MLP Index ETN ( MLPW ) and ETRACS Alerian MLP Infrastructure Index ETN ( MLPI ) led the way gaining over 4% while other MLP products are up in the range of 2-4% (see: all the MLP ETFs here ).