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| General Information |
| Business: |
We are a growth-oriented limited partnership formed in May 2010 by members of management and further capitalized in June 2011 by ArcLight to own, operate, develop and acquire a diversified portfolio of midstream energy assets. Our operations currently consist of four business segments: (i) crude oil pipelines and storage, (ii) crude oil supply and logistics, (iii) refined products terminals and storage and (iv) NGL distribution and sales. Together our businesses provide midstream infrastructure solutions for the growing supply of crude oil, refined products and NGLs in the United States. Since our formation, our primary business strategy has been to focus on: owning, operating and developing midstream assets serving areas experiencing dramatic increases in drilling activity and production growth, as well as serving key crude oil, refined product and NGL distribution hubs; providing midstream infrastructure solutions to users of liquid petroleum products in order to capitalize on changing product flows between producing and consuming markets resulting from the significant growth in hydrocarbon production across the United States; and operating one of the largest portable propane cylinder exchange businesses in the United States and capitalizing on the increase in demand and extended applications for portable propane cylinders. We intend to continue to expand our business by acquiring and constructing additional midstream infrastructure assets and by increasing the utilization of our existing assets to gather, transport, store and distribute crude oil, refined products and NGLs. Our crude oil businesses are situated in high-growth areas, including the Permian Basin, Mid-Continent, Eagle Ford shale, Bakken shale and Rockies, and provide us with a footprint to increase our volumes as these areas experience further drilling and production growth. |
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| Industry: |
WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS |
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| Contact Information |
| Address: |
600 East Las Colinas Boulevard, Suite 2000, Irving, TX 75039, US |
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| Financial Information |
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| Revenues: |
$ 1980.2 mil (last 12 months) |
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| Net Income: |
$ -42.8 mil (last 12 months) |
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| IPO Profile |
| Symbol: |
JPEP |
| Shares (millions): |
13.8 |
| Price Range: |
$20.00 - $20.00 |
| Est.$ Volume |
$ 275.0 mil |
| Manager / Joint Managers |
Barclays/ BofA Merrill Lynch/ RBC Capital Markets/ Deutsche Bank Securities |
| Co Managers |
BMO Capital Markets/ Baird/ Simmons & Company/ Stephens/ Janney Montgomery Scott |
| Expected to Trade |
10/2/2014 |
| Status |
Priced |
| SCOOP RATING |
Available only to Subscribers |
| RATING CHANGE |
Available only to Subscribers |
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