Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlink Pipeline to Jefferson Energy’s ...
FTAI Infrastructure Inc. (FIP)
Company Research
Source: GlobeNewswire
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ: FIP) (the “Company” or “FTAI Infrastructure”) today announced that a subsidiary in its Jefferson Terminal segment (“Jefferson Energy”) has executed a multi-year terminal services agreement with Aramco Trading Americas LLC. The agreement includes the future receipt of new crude oil volumes at Jefferson Energy’s Main Terminal in Beaumont, Texas by the addition of bi-directional flow capability to the 14-mile, 24” Jefferson Southern Star Pipeline, currently in service for movements of crude oil from Jefferson Energy’s Main Terminal to the Motiva Port Neches Terminal. The newly bi-directional Jefferson Southern Star Pipeline, with 400,000 bbl/day of capacity, will be directly connected to the Motiva-TC Energy Port Neches Link, opening up Jefferson Energy’s Main Terminal to crude oil volumes from the TC Energy Marketlink Pipeline System, a 750,000 bbl/day crude oil pipeline from Cushing, OK to the U.S. Gulf Coa
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FIP
News
- FTAI Infrastructure Inc. Announces Timing of Third Quarter 2024 Earnings and Conference CallGlobeNewswire
- Construction and Engineering Stocks Q2 Results: Benchmarking FTAI Infrastructure (NASDAQ:FIP) [Yahoo! Finance]Yahoo! Finance
- FTAI Infrastructure Inc. (NASDAQ: FIP) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $12.00 price target on the stock.MarketBeat
- FTAI Infrastructure Inc. Reports Second Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock [Yahoo! Finance]Yahoo! Finance
- FTAI Infrastructure Inc. Reports Second Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common StockGlobeNewswire
FIP
Sec Filings
- 8/14/24 - Form 4
- 8/14/24 - Form 4
- 8/13/24 - Form 4
- FIP's page on the SEC website