BOE Report

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]

ConocoPhillips Announces 6 Percent Increase in Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that its board of directors has raised the company’s quarterly dividend to 26.5 cents per share, an increase of 6 percent. The dividend is payable on March 1, 2017, to stockholders of record at the close of business on Feb. 14, 2017. “Today’s announced 6 percent increase in our quarterly dividend rate is consistent with our priorities and an important part of returning 20 to 30 percent of cash from operating activities to [Read more]

Harbour Energy to Lead Acquisition of Shell UK North Sea Assets for $3.0 Billion

Acquisition of Diverse Portfolio Creates the Leading UK Independent E&P Company Focused on the North Sea Provides Harbour Energy with Robust Platform for Expansion in Region WASHINGTON--(BUSINESS WIRE)--Harbour Energy, Ltd. (“Harbour Energy”), the energy investment vehicle managed by EIG Global Energy Partners (“EIG”), today announced it has agreed to lead the acquisition by Chrysaor Holdings Limited (“Chrysaor”) of a well-diversified portfolio [Read more]

Kayne Anderson Announces Agreement to Sell Silver Hill Midstream Assets

DALLAS--(BUSINESS WIRE)--Silver Hill Energy Partners Holdings, LLC (“Silver Hill”), a privately held entity controlled by an affiliate of Kayne Anderson Capital Advisors, L.P. ("Kayne Anderson") through its energy private equity practice, has agreed to sell its midstream assets to a subsidiary of Targa Resources Corp. (“Targa”) as part of a larger transaction. On January 23, 2017, Targa announced the acquisition of three separate midstream entities, [Read more]

Chevron Reports Fourth Quarter Net Income of $415 Million

95 percent oil and gas reserves replacement; spending down sharply in 2016 SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today reported earnings of $415 million ($0.22 per share – diluted) for fourth quarter 2016, compared with a loss of $588 million ($0.31 per share – diluted) in the 2015 fourth quarter. Foreign currency effects increased earnings in the 2016 quarter by $26 million, compared with an increase of $46 million a year earlier. Full-year 2016 results were a [Read more]

American Midstream Announces Twenty-Second Consecutive Distribution

HOUSTON--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (“AMID”) 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 fourth quarter 2016 distribution represents the twenty-second consecutive quarterly distribution. The distribution will be paid February 13, 2017 to unitholders of record as of the [Read more]

SandRidge Permian Trust Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE PERMIAN TRUST (NYSE: PER) today announced a quarterly distribution for the three-month period ended December 31, 2016 (which primarily relates to production attributable to the Trust’s interests from September 1, 2016 through November 30, 2016) of $6.3 million, or $0.120 per unit. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The distribution [Read more]

SandRidge Mississippian Trust I Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST I (NYSE: SDT) today announced a quarterly distribution for the three-month period ended December 31, 2016 (which primarily relates to production attributable to the Trust’s interests from September 1, 2016 through November 30, 2016) of $1.5 million, or $0.0544 per unit. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The [Read more]

SandRidge Mississippian Trust II Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST II (NYSE: SDR) today announced a quarterly distribution for the three-month period ended December 31, 2016 (which primarily relates to production attributable to the Trust’s interests from September 1, 2016 through November 30, 2016) of $3.1 million, or $0.062 per unit. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The [Read more]

Energy Transfer Partners Announces Quarterly Cash Distribution

Earnings Release and Earnings Call Dates Also Announced DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced its quarterly cash distribution for the fourth quarter ended December 31, 2016 of $1.055 per ETP common unit. This cash distribution is the same as the distribution for the third quarter of 2016 and will be paid on February 14, 2017 to unitholders of record as of the close of business on February 7, 2017. [Read more]