Wednesday, October 27, 2010

Today's buy : Copano Energy (CPNO) @ $28.68

Jan 2013: Copano Energy (CPNO) was acquired by Kinder Morgan Energy Partners (KMP) for $5B, or $40.91 per share. It was merged into Kinder Morgan (KMI) in 2014. 
********


ex-dividend date 10/28/10
dividend $0.575 (Yield 8.02%)
payable 11/11/10


Copano Energy, L.L.C. (Copano) is an energy company engaged in the business of providing midstream services to natural gas producers, including natural gas gathering, compression, dehydration, treating, marketing, transportation, processing, conditioning and fractionation services. Copano's assets include approximately 6,400 miles of active natural gas gathering and transmission pipelines and seven natural gas processing plants, with over one billion cubic feet per day (Bcf/d) of combined processing capacity. In addition to the natural gas pipelines, it operates 256 miles of natural gas liquids (NGL) pipelines. During the year ended December 31, 2009, it operated 59-mile crude oil pipeline. Copano operates in three geographic segments: Oklahoma, Texas and Rocky Mountains.


Company Info
Headquarters:2727 Allen Parkway
Suite 1200
Houston, TX 77019
Web Address:http://www.copanoenergy.com

No comments: