Immediately Accretive Acquisition of Strong, Stable, High-Cash Flow Business Will Significantly Diversify HollyFrontier Combination of Petro-Canada Lubricants and HollyFrontier’s Tulsa-based Lubricants Business to Create Fourth Largest Specialty Lubricants Producer in North America DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE:HFC) ("HollyFrontier") today announced it has entered into a definitive agreement to acquire Suncor Energy’s Petro-Canada Lubricants business for CAD $1.125 [Read more]
Phillips 66 Partners Reports Third-Quarter Earnings
Highlights Finalized formation of STACK joint venture Completed acquisition of an additional 2.5 percent interest in Explorer Pipeline Increased quarterly distribution by 5 percent to $0.531 per common unit Raised $300 million from issuance of public equity Completed $1.3 billion acquisition of logistics assets from Phillips 66 and issued $1.1 billion of senior notes [Read more]
Cypress Energy Partners Announces Third Quarter Cash Distribution
TULSA, Okla.--(BUSINESS WIRE)--#celp--Cypress Energy Partners, L.P. (NYSE: CELP) announced today that the board of directors of its general partner declared a cash distribution for the third quarter of 2016. The cash distribution is $0.406413 per limited partner unit. This amount remains unchanged from the second quarter of 2016 and reflects a 4.88% increase over the target minimum quarterly cash distribution of $0.3875. The distribution will be payable [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 September 30, 2016 (which primarily relates to production attributable to the Trust’s interests from June 1, 2016 through August 31, 2016) of $7.0 million, or $0.134 per unit. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The distribution is [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 third quarter ended September 30, 2016 of $1.055 per ETP common unit ($4.22 on an annualized basis). This cash distribution is the same as the distribution for the second quarter of 2016 and will be paid on November 14, 2016 to unitholders of record as of the close of business [Read more]
Energy Transfer Equity Announces Quarterly Cash Distribution
Earnings Release and Earnings Call Dates Also Announced DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) today announced its quarterly cash distribution for the third quarter ended September 30, 2016 of $0.285 per ETE common unit ($1.14 on an annualized basis). This cash distribution is the same as the distribution for the second quarter of 2016 and will be paid on November 18, 2016 to unitholders of record as of the close of business on [Read more]
Contango Announces Third Quarter Earnings and Conference Call Schedule
HOUSTON--(BUSINESS WIRE)--Contango Oil & Gas Company (NYSE MKT: MCF) announced today it expects to issue its third quarter 2016 earnings release after the market close on Wednesday, November 2, 2016. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, November 3, 2016 at 9:30am Central Daylight Time. Those interested in participating in the earnings conference call may do [Read more]
Erin Energy Announces Release Date and Conference Call Information for Third Quarter Financial and Operational Results
HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE MKT:ERN) (JSE:ERN) has scheduled release of its 2016 third quarter results to occur after close of market on Tuesday, November 8, 2016. The Company will host a conference call on Wednesday, November 9, 2016 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current operations. The dial-in number to access the conference call is 1-844-883-3907 [Read more]
ConocoPhillips Reports Third-Quarter 2016 Results; Strong Operational Momentum and Improved 2016 Outlook
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported a third-quarter 2016 net loss of $1.0 billion, or ($0.84) per share, compared with a third-quarter 2015 net loss of $1.1 billion, or ($0.87) per share. Excluding special items, third-quarter 2016 adjusted earnings were a net loss of $0.8 billion, or ($0.66) per share, compared with a third-quarter 2015 adjusted net loss of $0.5 billion, or ($0.38) per share. Special items for the current quarter included a tax functional [Read more]
EXCO Resources, Inc. Schedules Third Quarter 2016 Results and Conference Call
DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO) today announced that it will be releasing third quarter 2016 results on Tuesday, November 1, 2016, after the market closes. EXCO will host a conference call on Wednesday, November 2, 2016, at 9:00 a.m. (central time) to discuss the results and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID# 26008725. The conference call [Read more]
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