BOE Report

Concho Resources Inc. Announces Pricing of Senior Unsecured Notes

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has priced an offering of a total of $1,800 million aggregate principal amount of senior unsecured notes, consisting of $1,000 million aggregate principal amount of senior unsecured notes due 2027 (the “2027 notes”) and $800 million aggregate principal amount of senior unsecured notes due 2047 (the “2047 notes”). The 2027 notes will bear [Read more]

Devon Energy Announces Fourth-Quarter 2017 Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2017. The dividend is payable on Dec. 29, 2017, at a rate of $0.06 per share based on a record date of Dec. 15, 2017. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and [Read more]

Concho Resources Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 5.5% Senior Notes due 2022 and 5.5% Senior Notes due 2023

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has commenced a cash tender offer (the “offer”) to purchase any and all of the outstanding senior notes listed in the following table at the cash purchase price shown in the column titled “Purchase Price per $1,000 of Notes.”     [Read more]

Concho Resources Inc. Announces Proposed Offering of Senior Unsecured Notes

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it intends, subject to market conditions, to publicly offer two new series of its senior unsecured notes, one of which will mature in 2027 (the “2027 notes”) and the other in 2047 (the “2047 notes”). The 2027 notes and the 2047 notes will be issued pursuant to new supplemental indentures to the Company’s existing base indenture, in each [Read more]

Tallgrass Energy Partners Prices Offering of $500 Million of 5.50% Senior Notes

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $500 million in aggregate principal amount of 5.50% senior unsecured notes due 2028 at an offering price equal to 100% of par (“the Notes Offering”). The Notes Offering is expected to close September 15, 2017, subject to satisfaction of customary closing [Read more]

California Resources Corporation Announces Its Third Quarter 2017 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its third quarter financial results conference call on Monday, November 6 at 5:00 p.m. Eastern Standard Time. The Company’s earnings will be released following the market close on the same date. We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10111633. Callers who pre-register will be given [Read more]

Hess Announces Regular Quarterly Dividend on Common Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on September 29, 2017 to holders of record at the close of business on September 18, 2017. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information [Read more]

Hess Announces Quarterly Cash Dividend on Preferred Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on November 1, 2017 to holders of record at the close of business on October 15, 2017. [Read more]

Phillips 66 Contributes to Hurricane Harvey Disaster Relief Efforts

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced it will contribute $1 million to the American Red Cross to assist relief efforts arising from Hurricane Harvey and the resultant flooding in southeast Texas. “Our thoughts and prayers go out to all those affected by the disaster, including our many employees, friends and neighbors across southeast Texas,” said Greg Garland, chairman and CEO of Phillips 66. “The solidarity of our community is [Read more]

Midstates Petroleum Extends Jake Brace’s Employment Agreement to Include Transition Period

TULSA, Okla.--(BUSINESS WIRE)--Midstates Petroleum Company, Inc. (NYSE: MPO) (“Midstates” or the “Company”) today announced that the Board of Directors has entered into an amendment to its executive employment agreement with Frederic F. (Jake) Brace, Midstates’ current President and Chief Executive Officer. The amendment extends the term of the agreement from its current termination date of October 21, 2017 until April 21, 2018 and revises the duties of [Read more]