• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Menu

Utility Roundup

Cove Point Approved: What’s Next

By Roger S. Conrad on Oct. 2, 2014

Dominion Resources will retain control of Dominion Midstream Partners, and its general-partner interest in the MLP will ensure that the parent has upside exposure to the partnership’s cash flow growth. The spin-off also limits Dominion Resources’ direct financial exposure to the LNG project and possible cost overruns.

Dominion Midstream Partners will be the first pure play on LNG exports from the Marcellus and Utica Shale, which hold some of the cheapest natural-gas reserves in the world. Cash-generating midstream assets will support the distribution while Cove Point is under construction. And Dominion Resources plans to drop down other assets to the MLP.

Conrad's Utility Investor

Invest Smarter! Join Conrad’s Utility Investor!

What sets renowned income-investing expert Roger Conrad apart from the pretenders? His more than two decades of covering utility stocks and essential services—a wealth of knowledge and experience that you can’t find anywhere else.   

Smart investing. Taking advantage of real opportunities and not fads (and knowing the difference). Finding the companies and stocks that will deliver for the long haul, so investing lets you live instead of investing turning into your life. Roger Conrad has dedicated his career to these principles—and that’s what Conrad's Utility Investor delivers.

Subscribe today for instant access to a treasure trove of investment insight and knowledge, as well as Roger’s exclusive model Portfolios and ratings of more than 200 essential services.

MODEL PORTFOLIOS & RATINGS

ABOUT ROGER CONRAD

Roger S. Conrad

Founder and Chief Editor:
Conrad's Utility Investor
Capitalist Times and
Energy & Income Advisor

Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger b

READ MORE
Conrad's Utility Investor BACK TO TOP
Content
About
Portfolios
Customer Center
Investing Topics

DISCLAIMER: Capitalist Times, LLC is a publisher of financial news and opinions and NOT a securities broker/dealer or an investment advisor. You are responsible for your own investment decisions. All information contained in our newsletters or on our website(s) should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision. As a condition to accessing Capitalist Times materials and websites, you agree to our Terms and Conditions of Use, available here including without limitation all disclaimers of warranties and limitations on liability contained therein. Owners, employees and writers may hold positions in the securities that are discussed in our newsletters or on our website. © Copyright 2024 Capitalist Times, LLC. All rights reserved.