International Business News - Paso http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif El Paso Pipeline Partners LP said Monday its board has declared a second-quarter dividend of 29.5 cents payable August 14 to unit holders of record as of July 31. http://www.ibtimes.com/articles/20080721/el-paso-pipeline-lifts-dividend-to-29-5-cents.htm Mon, 21 Jul 2008 09:16:02 EDT El Paso Corp. and five of its former executives have settled charges that they fraudulently inflated the company's oil and natural gas reserves, the Securities and Exchange Commission said Friday. http://www.ibtimes.com/articles/20080711/el-paso-settles-sec-charges-on-oil-gas-reserves.htm Fri, 11 Jul 2008 16:57:44 EDT Natural gas distributor El Paso Corp. spent $230,000 in the first quarter lobbying the federal government, according to a disclosure report. The Houston-based company lobbied on pipeline safety and energy independence, the ability to secure the right of way across federal lands in Nevada, and to support work on a pipeline project in Colorado, according to the form filed April 21 with the House clerk's office. http://www.ibtimes.com/articles/20080708/el-paso-spent-230k-lobbying-in-1q.htm Tue, 08 Jul 2008 13:39:48 EDT A director at regional utility El Paso Electric Co. sold 4,000 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080630/el-paso-electric-director-sells-shares.htm Mon, 30 Jun 2008 16:16:19 EDT El Paso Corp. said Wednesday that it has received more than 1.1 billion cubic feet per day of binding commitments from customers for its Ruby pipeline and is moving forward with the $3 billion project. http://www.ibtimes.com/articles/20080625/el-paso-going-forward-with-ruby-pipeline.htm Wed, 25 Jun 2008 09:34:23 EDT The chairman of natural gas distributor El Paso Corp. sold 70,724 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed with the SEC Thursday, Ronald L. Kuehn Jr. reported he sold the shares Tuesday for $20.99 apiece. http://www.ibtimes.com/articles/20080613/el-paso-chairman-sells-shares.htm Fri, 13 Jun 2008 15:13:11 EDT Shares of El Paso Corp. jumped to a nearly six-year high Wednesday as natural gas prices rose. Natural gas for July delivery rose 22.5 cents to $12.66 per 1,000 cubic feet on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080611/el-paso-shares-touch-high-as-energy-prices-rally.htm Wed, 11 Jun 2008 17:24:07 EDT Regional utility El Paso Electric Co. said Thursday it will sell 30-year senior unsecured notes worth $150 million. The notes, underwritten by Credit Suisse, were priced at 99.146 percent of par with a coupon of 7.5 percent per year at a yield to maturity of 7.574 percent. http://www.ibtimes.com/articles/20080529/el-paso-electric-to-offer-150-million-in-notes.htm Thu, 29 May 2008 14:01:06 EDT El Paso Corp., a provider of natural gas and energy products, said Wednesday it plans to issue $500 million in unsecured senior notes in a public offering. http://www.ibtimes.com/articles/20080521/el-paso-issuing-500-million-in-debt.htm Wed, 21 May 2008 15:16:45 EDT El Paso Pipeline Partners L.P. said Thursday it named William A. Smith to the board of its general partner. The addition of Smith, 63, gives the El Paso Pipeline GP Co. LLC board seven directors, three of whom are independent. http://www.ibtimes.com/articles/20080515/el-paso-pipeline-names-william-a-smith-to-board.htm Thu, 15 May 2008 17:31:04 EDT A JPMorgan analyst upgraded shares of El Paso Corp. on Monday, saying the oil and gas exploration and transportation company is steadily improving performance while its stock remains underpriced. http://www.ibtimes.com/articles/20080512/ahead-of-the-bell-el-paso-up-as-jpmorgan-upgrades.htm Mon, 12 May 2008 09:06:40 EDT Natural-gas provider El Paso Corp. said Thursday it expects to post a 2008 profit "sharply higher" than its previous estimate of $1 to $1.10 per share, citing benefits from its hedging strategy. http://www.ibtimes.com/articles/20080508/el-paso-says-2008-profit-will-be-better-than-expected.htm Thu, 08 May 2008 08:41:30 EDT Utility company El Paso Electric Co. on Tuesday reaffirmed full-year earnings guidance of between $1.50 and $1.90 per basic share. Analysts polled by Thomson Financial, on average, estimate a profit of $1.77 per share in 2008. http://www.ibtimes.com/articles/20080506/el-paso-electric-reiterates-full-year-earnings-outlook.htm Tue, 06 May 2008 08:09:26 EDT Utility company El Paso Electric Co. said Tuesday its first-quarter profit slipped 4 percent, because of increased operating expenses at its nuclear power station, executive severance costs and decreased investment income. http://www.ibtimes.com/articles/20080506/el-paso-electric-first-quarter-profit-slips-4-percent.htm Tue, 06 May 2008 07:56:01 EDT El Paso Pipeline Partners L.P. announced a quarterly dividend of 28.75 cents. The company, which owns and operates natural-gas transportation pipelines, said it will pay the dividend May 15 to shareholders of record May 1. http://www.ibtimes.com/articles/20080422/el-paso-pipeline-sets-quarterly-dividend-of-28-75-cents.htm Tue, 22 Apr 2008 11:23:53 EDT El Paso Corp. President and Chief Executive Douglas Foshee received about $7.6 million in compensation last year, a 47 percent increase from the previous year, according to a Securities and Exchange Commission filing on Wednesday. http://www.ibtimes.com/articles/20080319/el-paso-ceo-earns-7-6m-in-2007.htm Wed, 19 Mar 2008 11:24:50 EDT The division president of gas exploration and transportation company El Paso Corp. sold 6,396 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080310/el-paso-division-president-sells-shares.htm Mon, 10 Mar 2008 14:50:22 EDT El Paso Electric Co. said Tuesday that President and Chief Executive Ershel Redd resigned to pursue other business opportunities after less than a year at the helm. http://www.ibtimes.com/articles/20080212/el-paso-electric-ceo-ershel-redd-resigns.htm Tue, 12 Feb 2008 15:31:39 EST Funds managed by Mario Gabelli have acquired a 5.3 percent stake in public utility company El Paso Electric Co., according to a Securities and Exchange Commission filing Monday. http://www.ibtimes.com/articles/20080205/gabelli-reports-el-paso-electric-stake.htm Tue, 05 Feb 2008 09:54:29 EST El Paso Pipeline Partners LP said Friday its board declared a regular quarterly distribution of 12.8 cents. The natural gas pipeline company said the dividend is payable on Feb. 14 to shareholders of record as of Feb. 4. http://www.ibtimes.com/articles/20080129/el-paso-pipeline-sets-distribution.htm Tue, 29 Jan 2008 06:45:26 EST