BOE Report

HollyFrontier Corporation and Holly Energy Partners Announce Senior Management Changes Relating to Pending Petro-Canada Lubricants Acquisition

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) and Holly Energy Partners, L.P. (NYSE: HEP) (“Holly Energy”) announced changes to senior management relating to HollyFrontier’s pending acquisition of Suncor Energy’s Petro-Canada Lubricants business (“PCLI”). The PCLI plant, located in Mississauga, Ontario, is the largest producer of base oils in Canada with 15,600 barrels per day of lubricant production capacity, and is [Read more]

EQT Midstream Partners, LP and EQT GP Holdings, LP Announce Fourth Quarter and Year-End 2016 Joint Earnings Conference Call

PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) will host a joint teleconference with security analysts on February 2, beginning at 11:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the fourth quarter and year-end 2016. A brief Q&A session for security analysts will immediately follow the results discussion. The [Read more]

EQT Corporation Announces Fourth Quarter and Year-End 2016 Earnings Conference Call

PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) will host a teleconference with security analysts on February 2, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the fourth quarter and year-end 2016. A brief Q&A session for security analysts will immediately follow the results discussion. The teleconference will be webcast live at www.EQT.com, with a [Read more]

Hess Schedules Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)--#earnings--Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, January 25, 2017 at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2016 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 49885375 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the [Read more]

Energy Transfer Equity, L.P. Announces Pricing of $580 Million PIPE Financing and Purchase of Common Units of Energy Transfer Partners, L.P.

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) today announced that it has entered into definitive agreements with certain accredited investors in connection with a private placement, or PIPE, financing transaction pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended. Upon the closing of the transaction, ETE will receive gross proceeds of approximately $580 million in exchange for the issuance to such investors of [Read more]

Baker Hughes Announces December 2016 Rig Counts

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for December 2016 was 929, up 4 from the 925 counted in November 2016, and down 166 from the 1,095 counted in December 2015. The international offshore rig count for December 2016 was 210, down 1 from the 211 counted in November 2016, and down 40 from the 250 counted in December 2015. The average U.S. rig count for December 2016 was [Read more]

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Fourth-Quarter and Full-Year 2016 Earnings Release

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release fourth-quarter and full-year 2016 earnings after market close on Tuesday, February 7, 2017 and will hold the following joint webcast: What: Fourth-quarter and full-year 2016 earnings webcast When: Wednesday, February 8, 2017 11:00 a.m. ET; 10:00 a.m. CT Where: www.plainsallamerican.com [Read more]

Tallgrass Energy and Rockies Express Pipeline Announce Completion of REX’s Zone 3 Capacity Enhancement Project

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy and Rockies Express Pipeline LLC (“REX”) announced today that the 0.8 billion cubic feet per day REX Zone 3 Capacity Enhancement Project is substantially complete and accepting nominations. REX’s Zone 3 continues to be capable of bidirectional natural gas transportation and can now move 2.6 billion cubic feet per day of natural gas from Clarington, Ohio, to delivery points as far as Mexico, Missouri. [Read more]

ExxonMobil, Tillerson Reach Agreement to Comply with Conflict of Interest Requirements

IRVING, Texas--(BUSINESS WIRE)--The board of directors of Exxon Mobil Corporation (NYSE:XOM) has reached an agreement with Rex W. Tillerson, former chairman and chief executive officer, to sever all ties with the company to comply with conflict-of-interest requirements associated with his nomination as secretary of state. Under the agreement developed in consultation with federal ethics regulators, if Tillerson is confirmed as secretary of state, the value of more than 2 million deferred [Read more]

Whiting Petroleum Corporation Announces Redemption of 6.5% Senior Subordinated Notes Due 2018

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) announced today that it elected to redeem all of the outstanding $275 million aggregate principal amount of 6.5% Senior Subordinated Notes due 2018 on February 2, 2017. The redemption price will equal 100% of the principal amount thereof plus accrued and unpaid interest to, but not including, the date of redemption. Whiting intends to fund the redemption of the notes with proceeds from [Read more]