DENVER, Feb. 23, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.08 per share, an $0.08 reduction from the last declared dividend of $0.16 per share. The dividend is payable on June 1, 2016, to stockholders of record on May 13, 2016. Tom Jorden, Cimarex Chairman and CEO said, "We believe the adjustment to our dividend is appropriate in light of the current commodity price [Read more]
Archives for 2016
EnLink Midstream Partners Announces 2015 Schedule K-1 Availability
DALLAS--(BUSINESS WIRE)--EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership) today announced that its 2015 tax package, which includes the Schedule K-1 (Form 1065), will be available online on February 26, 2016, and may be accessed on EnLink Midstream’s website at EnLink.com under the Investors tab and then “View K-1 Tax Information.” The Partnership will commence mailing the tax package on the same day. For additional information or [Read more]
RPC, Inc. to Present at The 21st Annual Credit Suisse Energy Summit
ATLANTA, Feb. 23, 2016 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will present at The 21st Annual Credit Suisse Energy Summit in Vail, Colorado on Thursday, February 25, 2016 at 10:05 a.m. Eastern Time. The presentation will provide a corporate overview, discuss RPC's outlook and strategies under current market conditions, highlight the services RPC provides and review its most recently published financial results. Management's remarks will be available in real time on [Read more]
PrairieSky Royalty Announces Conference Call for December 31, 2015 Results
CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - PrairieSky Royalty Ltd. (TSX:PSK) PrairieSky will release its fourth quarter and year end 2015 results on Monday, February 29, 2016 after markets close. The news release detailing PrairieSky's 2015 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference [Read more]
BMO’s first-quarter profit climbs 7 per cent despite oil and gas loan concerns
TORONTO - The Bank of Montreal saw its first-quarter profit climb seven per cent to $1.07 billion, even as lagging energy prices took a bigger bite out of its loan books to the oil and gas sector. "We expected an increase in impaired loans in the oil and gas franchise in particular and we saw that, but it certainly wasn't a disaster," Edward Jones analyst Jim Shanahan said after BMO issued the results Tuesday. Analysts have been predicting that the dramatic decline in the price of crude [Read more]
Jones Energy, Inc. Schedules 2015 Fourth Quarter and Full-Year Earnings Release and Conference Call
AUSTIN, Texas--(BUSINESS WIRE)--Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) today announced that it plans to release its fourth quarter and full-year 2015 financial and operational results on Monday, March 7, 2016 after the market closes. In connection with the earnings release, Jones Energy will host a conference call for investors and analysts to discuss its results on Tuesday, March 8, 2016 at 10:30 a.m. ET (9:30 a.m. CT). The [Read more]
U.S. Silica Holdings, Inc. Announces Fourth Quarter and Full Year 2015 Results
FREDERICK, Md., Feb. 23, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced a net loss of $15.3 million or $(0.29) per basic and diluted share for the fourth quarter ended Dec. 31, 2015 compared with net income of $33.2 million or $0.62 per basic share and $0.61 per diluted share for the fourth quarter ended Dec. 31, 2014. Our effective tax rate for the fourth quarter was 21%, resulting in a tax benefit of $4.2 million. Our fourth quarter results were negatively [Read more]
ONEOK Schedules 2016 Annual Meeting of Shareholders; Sets Record Date
TULSA, Okla., Feb. 23, 2016 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will hold its 2016 annual meeting of shareholders at 9 a.m. Central Daylight Time on May 25, 2016. The meeting also will be audio webcast on ONEOK's website, www.oneok.com. The record date for determining shareholders entitled to receive notice of the meeting and to vote is March 28, 2016. What: ONEOK, Inc. 2016 Annual Meeting of Shareholders When: 9 a.m. CDT, May 25, 2016 Where: ONEOK Plaza, 100 West 5th [Read more]
Pioneer Natural Resources to Present at Two Upcoming Conferences
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer will present at Simmons Energy Conference on Friday, March 4, at 10:15 a.m. PT. The conference will not be webcast. Also, Rich Dealy, Executive Vice President and Chief Financial Officer, will present at Raymond James Institutional Investors Conference on Tuesday, March 8, at 9:15 a.m. ET. Any interested [Read more]
National Bank expects low oil prices will raise loan losses in 2016
MONTREAL - National Bank said Tuesday it expects its loan losses will increase slightly this year as low crude prices put increased pressure on borrowers in oil-producing provinces."Absent an improvement in prices, we expect some producer loans on our watch list will migrate to impaired and additional provisions could be incurred," Bill Bonnell, executive vice-president of risk management, said during a conference call.During its first quarter, the Montreal-based bank — the smallest of Canada's [Read more]
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