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Friday 2 October 2015
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(BBEP) (PXD) (FE) (MMM) Active News Update: Breitburn Energy Partners (NASDAQ:BBEP), Pioneer Natural (NYSE:PXD), FirstEnergy (NYSE:FE), 3M (NYSE:MMM)

On Thursday, Breitburn Energy Partners LP (NASDAQ:BBEP)’s shares declined -2.96% to $1.97.

Breitburn Energy Partners LP (BBEP) declared a cash distribution of $0.04166 per common unit for the first month attributable to the third quarter of 2015, payable on October 16, 2015, to record holders of its common units at the close of business on October 12, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.

Breitburn also declared recently distributions for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) and 8.0% Series B Perpetual Convertible Preferred Units. A cash distribution of $0.171875 per Series A Unit is payable on November 16, 2015, to record holders of its Series A Units at the close of business on October 30, 2015. This monthly distribution is equal to an annual distribution of $2.0625 per Series A Unit. Breitburn has elected to pay the distribution on the Series B Units in kind by issuing additional Series B Units instead of paying a cash distribution. A distribution of 0.006666 PIK unit per Series B Unit is payable on October 15, 2015, to record holders of Series B Units at the close of business on September 30, 2015.

Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States.

Pioneer Natural Resources (NYSE:PXD)’s shares gained 1.01% to $122.87.

Pioneer Natural Resources Company (PXD) declared that its board of directors declared a cash dividend of $0.04 per share on Pioneer’s outstanding common stock. The dividend is payable October 9, 2015, to stockholders of record at the close of business on September 30, 2015.

Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeastern Colorado, and the West Panhandle field in the Texas Panhandle. ‘

At the end of Thursday’s trade, FirstEnergy Corp. (NYSE:FE)‘s shares dipped -2.30% to $30.59.

The Board of Directors of FirstEnergy Corp. (FE) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable December 1, 2015, to shareholders of record at the close of business on November 6, 2015.

FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, coal-fired, nuclear, oil and natural gas, wind and solar power, and hydroelectric generating facilities. The company also provides energy-related products and services to wholesale and retail customers.

3M Co (NYSE:MMM), ended its Thursday’s trading session with -0.68% loss, and closed at $140.80.

Using a respirator cartridge beyond its service life can endanger workers and lead to regulatory violations. 3M has launched a new line of organic vapor respirator cartridges with 3M™ Service Life Indicator technology, an end-of-service-life-indicator (ESLI) that, when used in appropriate environments, visually shows when users should change cartridges.

The 3M™ Service Life Indicator can be used to complement a company’s current respirator cartridge change plan, and in some cases replace it. Workers simply peel back a removable sensor protector to view the indicator bar and, in appropriate environments, determine when to change the cartridge. The indicator can also assist optimize cartridge change plans across workers because it is designed to indicate service life based on individual exposure and breathing patterns.

3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.

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