COVID Stimulus Watch Individual Entry

Recipient Company:
ROCKIES EXPRESS PIPELINE
Loan or Loan Guarantee Amount:
$938,530

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: BX)

Award Details

Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Blackstone
Headquartered in: New York
Parent Sector: private equity (including portfolio companies)
Parent Industry: private equity (including portfolio companies)
Employees (prior to pandemic): 1,250

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $28,044,193
Contracting icon
Government-contracting-related Penalties: $100,500,000
Environment icon
Environmental / Healthcare / Safety Penalties: $1,725,768
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $72,514,942
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 265 to 1
CEO Compensation: $57,073,953
Worker Median Pay: $215,000
Tax icon
Total Federal, State, and Local Subsidies: $38,309,559
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues