BOE Report

International Arbitration Tribunal Orders Ecuador to Pay ConocoPhillips $380 Million for Unlawfully Expropriating the Company’s Oil Investments

HOUSTON--(BUSINESS WIRE)--ConocoPhillips’ (NYSE: COP) wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International Centre for the Settlement of Investment Disputes (ICSID), for Ecuador’s unlawful expropriation of Burlington’s significant investment in breach of the U.S.-Ecuador bilateral investment treaty. “The Tribunal’s decision on damages sends a clear message that [Read more]

Phillips 66 Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 63 cents per share on Phillips 66 common stock. The dividend is payable on March 1, 2017, to shareholders of record as of the close of business on Feb. 21, 2017. About Phillips 66 Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and [Read more]

Whiting USA Trust II Announces Trust Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC: WHZT) announced today that the Trust will make a distribution to unitholders in the first quarter of 2017, which relates to net profits generated during the fourth quarterly payment period of 2016. Unitholders of record on February 19, 2017 (which results in an effective record date of February 17, 2017 due to the 19th of February falling on a non-trading day) will receive a distribution of [Read more]

Atmos Energy Declares Regular Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) said today that its Board of Directors declared a quarterly dividend on the company’s common stock of 45 cents per share. The indicated annual dividend is $1.80. The dividend will be paid on March 13, 2017, to shareholders of record on February 27, 2017. This is the company’s 133rd consecutive quarterly dividend. Atmos Energy Corporation, headquartered in Dallas, is the [Read more]

Baker Hughes Announces January 2017 Rig Counts

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for January 2017 was 933, up 4 from the 929 counted in December 2016, and down 112 from the 1,045 counted in January 2016. The international offshore rig count for January 2017 was 206, down 4 from the 210 counted in December 2016, and down 36 from the 242 counted in January 2016. The average U.S. rig count for January 2017 was 683, up 49 from the 634 counted in December 2016, and [Read more]

Genesis Energy, L.P. Sets Date for Release of Fourth Quarter and Year End Results and Conference Call

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the fourth quarter and year ended December 31, 2016 on February 16, 2017, before the market opens. Genesis Energy, L.P.’s Fourth Quarter and Year End Earnings Conference Call will be held Thursday, February 16, 2017, at 9:00 a.m. Central time (10:00 a.m. Eastern time). This call can be accessed at www.genesisenergy.com. Choose the Investor Relations button. [Read more]

Pioneer Natural Resources to Present at The Credit Suisse Energy Conference

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Executive Officer, will present at The Credit Suisse Energy Conference on Tuesday, February 14, 2017, at 12:40 p.m. Mountain Time. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s website at [Read more]

Phillips 66 Partners Reports Fourth-Quarter Earnings

Highlights Fourth Quarter Delivered earnings of $98 million; adjusted EBITDA of $161 million Increased quarterly distribution 5 percent to $0.558 per common unit Completed $1.3 billion acquisition of logistics assets from Phillips 66 Acquired southeast Louisiana NGL system Started up Sacagawea Pipeline Full-Year 2016 [Read more]

Matador Resources Company Announces Mallon Well Results

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Delaware Basin operations in Southeast New Mexico and West Texas, today announced initial test results from the three [Read more]

Whiting Petroleum Corporation Announces Fourth Quarter 2016 Earnings Release Date and Conference Call

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE:WLL) will release its fourth quarter 2016 financial and operating results on Tuesday, February 21, 2017 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. EST (10:00 a.m. CST, 9:00 a.m. MST) on Wednesday, February 22, 2017 to discuss Whiting's fourth quarter 2016 financial and operating results. Participants are [Read more]