AUSTIN, Texas--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (NYSE:ROYT) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today a cash distribution to the holders of its units of beneficial interest of $0.00542 per unit, payable on May 18, 2017 to unitholders of record on May 8, 2017. The Trust’s distribution calculation relates to net profits and overriding royalties generated during March 2017 as provided in the [Read more]
Exxon Mobil Corporation Declares Second Quarter Dividend
IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the Common Stock, payable on June 9, 2017 to shareholders of record of Common Stock at the close of business on May 12, 2017. This second quarter dividend compares with $0.75 per share paid in the first quarter of 2017. Through its dividends, the corporation has shared its success with its [Read more]
Energy Transfer Partners, L.P. Unitholders Approve Merger with Sunoco Logistics Partners L.P.
DALLAS & NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Sunoco Logistics Partners L.P. (NYSE: SXL) (“SXL”) and Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) today announced that at a special meeting of ETP unitholders held earlier today, the unitholders voted to adopt the Agreement and Plan of Merger dated as of November 20, 2016, as amended (the “Merger Agreement”), by and among ETP, SXL, their respective general partners, certain wholly owned subsidiaries of SXL [Read more]
Tall Oak Midstream Expands Natural Gas Gathering and Processing Footprint in Oklahoma’s Northwest STACK Play
Acreage dedications to Tall Oak reach 500,000 net acres, including recent contracts signed with several of the most active, publicly traded producers in the STACK. Tall Oak’s natural gas gathering system now includes more than 600 miles of pipeline, with an additional 100 miles planned over the next 12 months. Tall Oak has initiated expansions to increase processing capacity to approximately 300 million [Read more]
Matador Resources Company Commences Registered Exchange Offer for Previously Issued 6.875% Senior Notes Due 2023
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) is offering to exchange up to $175 million of its outstanding 6.875% Senior Notes due 2023, which were privately placed on December 9, 2016 (the “Notes”), for a like principal amount of 6.875% Senior Notes due 2023 that have been registered under the Securities Act of 1933, as amended (the “Securities Act”). The exchange notes are being offered pursuant to a [Read more]
American Midstream Announces Twenty-Third Consecutive Distribution
HOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership”) today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.4125 per common unit, or $1.65 per unit on an annualized basis. The first quarter 2017 distribution represents the twenty-third consecutive quarterly distribution since the initial public offering in 2011. The distribution will be paid May 12, 2017 to [Read more]
EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions
PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM), today declared a quarterly cash distribution of $0.89 per unit for the first quarter of 2017. The distribution will be paid on May 15, 2017, to all EQM unitholders of record at the close of business on May 5, 2017. The quarterly cash distribution is 5% higher than the fourth quarter of 2016, and 19% higher compared to the first quarter of 2016. EQT GP Holdings, LP (NYSE: EQGP), [Read more]
Genesis Energy, L.P. Sets Date for Release of First Quarter Results and Conference Call
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the first quarter ended March 31, 2017 on May 4, 2017, before the market opens. Genesis Energy, L.P.’s First Quarter Earnings Conference Call will be held Thursday, May 4, 2017, at 8:30 a.m. Central time (9:30 a.m. Eastern time). This call can be accessed at www.genesisenergy.com. Choose the Investor Relations button. For those unable to attend the [Read more]
Baker Hughes Announces First Quarter Results
Revenue of $2.3 billion for the quarter, down 6% sequentially and 15% year-over-year GAAP net loss per share of $0.30 for the quarter includes $0.26 per share of adjusting items Adjusted EBITDA (non-GAAP measure) was $309 million for the quarter, up 16% sequentially HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE: BHI) announced today results for the first quarter of 2017. “Baker [Read more]
Williams Partners Announces Quarterly Cash Distribution
TULSA, Okla.--(BUSINESS WIRE)--Williams Partners L.P. (NYSE: WPZ) today announced a regular quarterly cash distribution of $0.60 per unit for its common unitholders. The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on May 12, 2017, to common unitholders of record at the close of business on May 5, 2017. About Williams Partners Williams Partners is an [Read more]
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