Will Williams Partners L.P.(NYSE:WPZ) and Plains All American Pipeline, L.P.(NYSE:PAA) Benefit From Their Recent Moves?


Atlanta, GA – Scibility Media – 10/17/2014

This article discusses two gas companies: Williams Partners L.P.(NYSE:WPZ) and Plains All American Pipeline, L.P.(NYSE:PAA)

It was recently revealed that Williams Partners L.P.(NYSE:WPZ) is being supported by Ecolongy and Environment, Inc. As a result, the company is now on track to increase the natural gas capacity in to New York City boroughs by the time the next winter season rolls around. The Rockaway Lateral expansion to the Williams’ Transco pipeline will enable the service to provided, a move that was recently approved by the Federal Energy Regulatory Commission. As a result, the company will be better able to serve its customers.

The Oklahoma-based company, which operates around 15,000 miles of natural gas gathering and transmission pipelines through both on-shore and offshore assets, will be announcing its third quarter financial results after the markets close on Oct. 29th, 2014.

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On Oct. 2nd, Plains All American Pipeline, L.P.(NYSE:PAA) announced that its Vice President and Treasurer, Chuck Kingswell-Smith, will be retiring in May 2015. Until that time, he will continue to serve as Vice President – Finance for the company. Sharon Spurlin, who joined the company on Oct. 1st, will serve as the Vice President and Treasurer of the company, reporting directly to Kingswell-Smith until his retirement. This arrangement suggests that Kingswell-Smith will spend a considerable amount of time grooming his soon-to-be successor.

The Houston-based company will be reporting its third quarter earnings report after the markets close on November 5th, 2014. Plans All American Pipeline will subsequently hosts a joint webcast and conference call on the next day.

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