On Tuesday, Shares of Energy Transfer Equity LP (NYSE:ETE), subtract -0.50% and closed at $14.00 in the last trading session. The last trading range of the stock ranges between $13.96 and $14.32. The company’s Market capitalization is $14.91 Billion with the total Outstanding Shares of 1.04 billion. Energy Transfer Partners, L.P. (ETP) recently declared it has closed on its formerly declared agreement to acquire certain interests in PennTex Midstream Partners, LP (PTXP) from various parties for total consideration of about $640 million in ETP units and cash. ETP now owns 100% of the general partner of PTXP, together with all of its incentive distribution rights (IDRs), in addition to 6.3 million common units and all 20 million subordinated units of PTXP, representing about 65 percent of the total limited partner interests in PTXP.
Credit Suisse acted as the financial advisor to ETP for the transaction. Andrews Kurth Kenyon LLP served as legal counsel to ETP.
Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA), jumped 1.69% and closed at $7.20in the last trading session. The last trading range of the stock ranges between $7.07 and $7.21. The company’s Market capitalization is $48.75 Billion with the total Outstanding Shares of 6.53 billion. Banco Bilbao Vizcaya Argentaria, S.A., together with its auxiliaries, engages in the retail banking, wholesale banking, asset administration, and private banking businesses mainly in Spain, Mexico, South America, the United States, and Turkey. It offers deposit products, counting personal accounts, housing accounts, savings accounts, deposit accounts, etc.; loan products, such as personal loans, mortgages, etc.; credit cards; investment products comprising mutual funds, warrants, and pension plans; and telephone and on-line banking services, in addition to ATMs for individual customers. The company also provides discount lines, loans and advances on loans, leasing, renting, factoring, confirming, contingent liabilities, and flotation services; and foreign trade, placement of surplus cash, cash-flow administration, payment collection, payment of taxes and social security, giros, and transfer services to small and medium enterprises. In addition, it offers corporate and business banking, and corporate and investment banking services; loans to real-estate developers and foreclosed real estate assets; asset administration; and insurance and reinsurance services.