Increased Volumes, Execution of Strategic Growth Plans, and Acquisitions - Research Report on Buckeye, SemGroup, Targa Resources, Inergy, and Regency Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, August 27, 2013 NEW YORK, August 27, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting Buckeye Partners, L.P. (NYSE: BPL), SemGroup Corporation (NYSE: SEMG), Targa Resources Partners LP (NYSE: NGLS), Inergy, L.P. (NYSE: NRGY), and Regency Energy Partners LP (NYSE: RGP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Buckeye Partners, L.P. Research Report On August 2, 2013, Buckeye Partners, L.P. (Buckeye) reported its Q2 2013 financial results. In Q2 2013, the Company's total revenue amounted to $1.0 billion, up 2.3% YoY. Buckeye's net income attributable to the Company's unit holders was $76.4 million, or $0.72 per diluted unit, in Q2 2013, compared with $54.4 million, or $0.55 per diluted unit, in Q2 2012. Clark C. Smith, President and CEO of Buckeye, said, "Growth capital investments and strong business conditions contributed to our excellent financial results for the quarter. We continued to benefit from increased throughput volumes on our domestic pipeline and terminal systems this quarter" The Full Research Report on Buckeye Partners, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f25a_BPL] -- SemGroup Corporation Research Report On August 8, 2013, SemGroup Corporation (SemGroup) reported its Q2 2013 financial results. The Company's revenues totaled $324.2 million, down 2.3% YoY and adjusted EBITDA was $43.6 million, up 43.9% YoY, during the quarter. SemGroup's net income attributable to the Company's unit holders was $3.6 million, or $0.08 per diluted unit, in Q2 2013, compared with $5.1 million, or $0.12 per diluted unit, in Q2 2012. Norm Szydlowski, President and CEO of SemGroup, said, "SemGroup's second quarter offered solid results, as we continue to execute on our long-term strategic growth plans, focused on infrastructure demands in the mid-continent. We have added meaningfully to our portfolio of announced organic growth projects such as the expansion of White Cliffs Pipeline and acquisitions including the one we recently closed the acquire gas gathering and processing assets in the Mississippi Lime play. These investments will increase our presence in our key growth areas and provide strong shareholder value for years to come." The Full Research Report on SemGroup Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e161_SEMG] -- Targa Resources Partners LP Research Report On August 1, 2013, Targa Resources Partners LP (Targa Resources Partners) reported its Q2 2013 financial results. The Company posted consolidated revenues of $1.4 billion, up 9.3% YoY, and net income attributable to the Company was $26.3 million, down 43.8% YoY. The Company further reported adjusted EBITDA of $126.5 million, up 2.9% YoY. Joe Bob Perkins, CEO of Targa Resources Partners, said, "We saw higher volumes across all of our Field Gathering & Processing systems as a result of the continued increase in producer activity in the Permian Basin, North Texas and the Bakken. The combination of higher volumes, increased margin from our downstream segment and strong fee-based margin contributions resulted in an increase in adjusted EBITDA compared to the second quarter last year, despite significantly lower natural gas liquids prices in the quarter." The Full Research Report on Targa Resources Partners LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/56c2_NGLS] -- Inergy, L.P. Research Report On August 6, 2013, Inergy, L.P. (Inergy) reported its Q2 2013 financial results. The Company's Q2 2013 total operating revenues were $118.9 million, up 115.4% YoY. Q2 2013 net income attributable to Inergy is $1.6 million, or $0.03 per diluted unit, compared with $3.4 million, or $0.09 per diluted unit, in Q2 2012. Further, Robert G. Phillips, Chairman, President, and CEO of Inergy, provided an update on the merger between Crestwood Midstream Partners, LP (CMLP) and NRGY and Inergy Midstream, L.P. (NRGM), and said, "We are pleased with the significant progress we have made to complete the transformational merger between CMLP and NRGM. The combined partnership will have a diverse platform of midstream assets in virtually every premier shale play in the United States and will provide a full suite of services expanding across the midstream value chain." The Full Research Report on Inergy, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c5b5_NRGY] -- Regency Energy Partners LP Research Report On August 7, 2013, Regency Energy Partners LP (Regency) reported its Q2 2013 financial results. In Q2 2013, the Company generated revenues of $639 million, up 25.0% YoY. Adjusted EBITDA was $155 million, up 12.3% YoY during the quarter, driven by volume growth in the Gathering and Processing segment, as a result of strong drilling activity in south and west Texas and in north Louisiana. Net income attributable to Regency was $10 million, down 63.0% YoY in Q2 2013. Mike Bradley, President and CEO of Regency, said, "During the second quarter of 2013, gathering and processing volumes increased 18 percent, and NGL transportation volumes grew 22 percent, driven by further ramp up of our growth projects completed in the fourth and first quarters. In addition, revenue generating horsepower increased 14 percent as we continued to see strong demand for third-party compression services." The Full Research Report on Regency Energy Partners LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/aa70_RGP] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Increased Volumes, Execution of Strategic Growth Plans, and Acquisitions - Research Report on Buckeye, SemGroup, Targa
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