IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil") announced today that it has applied to the Alberta Securities Commission ("ASC"), as principal regulator, and the Ontario Securities Commission for an order (the "Order Sought") to cease to be a reporting issuer in Alberta, Ontario and British Columbia. ExxonMobil is not a reporting issuer in any other Canadian jurisdiction. If the Order Sought is granted by the ASC, ExxonMobil will cease to be a reporting [Read more]
Murphy Oil Corporation Announces Preliminary First Quarter 2017 Financial and Operating Results
EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the first quarter ended March 31, 2017, including net income of $58 million, or $0.34 per diluted share. Operating and financial highlights for the first quarter 2017 include: Produced volumes of 169 Mboepd, on track to achieve full year production guidance Spent $215 million on capital expenditures, in line with planned annual capital budget of [Read more]
Energy Transfer Announces That the Trans-Pecos Pipeline, Comanche Trail Pipeline, and the WAHA Header Are in Service
Both Pipelines Deliver Natural Gas to the Texas-Mexico Border as Part of Long-Term Agreements with Mexico’s Federal Electricity Commission DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) announced today that two natural gas pipelines in West Texas, the Trans-Pecos Pipeline and the Comanche Trail Pipeline, and the Trans-Pecos Pipeline WAHA Header (WAHA Header) are in service. Both pipelines and the WAHA Header are owned by affiliates [Read more]
Energy Transfer Equity Reports First Quarter Results
DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended March 31, 2017. ETE’s net income attributable to partners was $239 million for the three months ended March 31, 2017 compared to $312 million for the three months ended March 31, 2016. Distributable Cash Flow, as adjusted, for the three months ended March 31, 2017 was $215 million compared to $349 [Read more]
Williams Partners Reports First-Quarter 2017 Financial Results
1Q 2017 Net Income of $634 Million, Up $584 Million 1Q 2017 Adjusted EBITDA of $1.117 Billion, Up 5.4% Cash Distribution Coverage Ratio of 1.33x Announced Agreement to Sell Its Interests in Geismar Plant for $2.1 Billion and to Provide Feedstock to Plant Buyer via Long-Term Supply and Transportation Agreements Williams Partners Analyst Day Set for May 11 TULSA, Okla.--(BUSINESS [Read more]
Pioneer Natural Resources Company Reports First Quarter 2017 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter ended March 31, 2017. Pioneer reported a first quarter net loss attributable to common stockholders of $42 million, or $0.25 per diluted share. Without the effect of noncash mark-to-market derivative gains and other unusual items, adjusted results for the first quarter were earnings of [Read more]
Ring Energy, Inc. Schedules Conference Call on Its 2017 First Quarter Financial and Operating Results
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE MKT: REI) (“Ring”) (“Company”) has scheduled a conference call on Wednesday, May 10, 2017, at 12:00 p.m. ET to discuss the 2017 first quarter financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Tuesday, May 9, 2017. To participate, dial 877-709-8150 at least five minutes before the call is to begin. Please reference [Read more]
Phillips 66 Announces Increase in Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 70 cents per share on Phillips 66 common stock, representing an 11 percent increase. The dividend is payable on June 1, 2017, to shareholders of record as of the close of business on May 18, 2017. Since the first dividend paid by Phillips 66 in 2012, the board has increased the dividend seven times, representing a 30 percent compound annual [Read more]
Ameresco to Attend Investor Conferences in May
FRAMINGHAM, Mass.--(BUSINESS WIRE)--#cleanenergy--Ameresco, Inc. (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that the Company will attend the following investor conferences during the month of May: On Tuesday, May 16, 2017, Chief Financial Officer, John Granara will attend the Oppenheimer Emerging Growth Conference at the InterContinental New York Barclay Hotel in New York City. Ameresco [Read more]
PG&E Hauling, Processing Dead Trees to Enhance Public Safety
SAN FRANCISCO--(BUSINESS WIRE)--In response to California’s ongoing tree mortality crisis and increased wildfire threat, Pacific Gas and Electric Company (PG&E) is working with local communities and power generators to dispose of dead tree debris and turn it into renewable energy. PG&E is operating sorting and chipping yards in eight counties hard hit by tree mortality to prepare the dead tree debris for use in biomass generation facilities. The two [Read more]
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