BOE Report

Whiting USA Trust II Announces Trust Quarterly Results

AUSTIN, Texas--(BUSINESS WIRE)--Whiting USA Trust II (OTC Pink:WHZT) announced today that there will be no distribution made to unitholders in the third quarter of 2016. The net profits interest generated total cash available for the Trust of $1.4 million during the second quarterly payment period of 2016. However, when this total cash available for the Trust is reduced by (i) the repayment to Whiting of $1.2 million in prior period accumulated net [Read more]

ECA Marcellus Trust I Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--ECA MARCELLUS TRUST I (NYSE: ECT) announced today that the Trust’s distribution for the quarter ended June 30, 2016 will be $0.028 per unit, which is expected to be distributed on or before August 31, 2016 to holders of record as of the close of business on August 19, 2016. The Trust was formed by Energy Corporation of America ("ECA") to own royalty interests in natural gas properties owned by ECA in the Marcellus [Read more]

Baker Hughes Announces July 2016 Rig Counts

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for July 2016 was 938, up 11 from the 927 counted in June 2016, and down 180 from the 1,118 counted in July 2015. The international offshore rig count for July 2016 was 226, up 3 from the 223 counted in June 2016, and down 38 from the 264 counted in July 2015. The average U.S. rig count for July 2016 was 449, up 32 from the 417 counted in June 2016, and down 417 from the 866 [Read more]

Plains All American Pipeline, L.P. Completes Acquisition of Canadian NGL Business from Spectra Energy Corp

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) announced today that its wholly owned subsidiary, Plains Midstream Canada ULC (“PMC”), has completed the previously announced acquisition of the Canadian natural gas liquids (“NGL”) business from Westcoast Energy Inc., a wholly owned subsidiary of Spectra Energy Corp, for a cash purchase price of approximately C$267 million (USD $204 million), including approximately C$67 million (USD $51 million) for inventory and working [Read more]

Devon Energy Announces Tender Offers for up to $1.2 Billion Aggregate Purchase Price for Certain Outstanding Debt Securities

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corporation (NYSE:DVN) (the “Company” or “Devon Energy”) today announced that it has commenced tender offers to purchase for cash up to a maximum repurchase amount of $1.2 billion for the debt securities listed in the tables below (collectively, the “Securities”). Any and All of the Outstanding Securities Listed Below Principal U.S. [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 42 cents per share. The indicated annual dividend is $1.68. The dividend will be paid on September 6, 2016, to shareholders of record on August 22, 2016. This is the company’s 131st consecutive quarterly dividend. Atmos Energy Corporation, headquartered in Dallas, is the [Read more]

California Resources Corporation Announces New Time for Its Second Quarter 2016 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) has rescheduled its second quarter financial results conference call on Thursday, August 4th to 8:00 am Eastern Daylight Time. The Company’s earnings will be released before the market open on the same date. We strongly encourage participants to pre-register for the conference call using the following link http://dpregister.com/10086916. Callers who pre-register will be [Read more]

Occidental Petroleum Announces 2nd Quarter 2016 Results

HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) today announced its second quarter 2016 financial results on its website, www.oxy.com. The announcement and financial schedules can be accessed via the investor relations section of the website. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov. The company will hold a conference call at 10 a.m. Eastern today. The [Read more]

Devon Energy Reports Second-Quarter 2016 Results

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today reported operational and financial results for the second quarter of 2016 and provided guidance for the third quarter and full-year 2016. Highlights Exceeded production expectations in U.S. resource plays Raised 2016 production guidance for retained assets by 3 percent Reduced lease operating expenses 26 percent year over year Improved operating and G&A expense outlook Completed asset divestiture [Read more]

Contango Announces Second Quarter Earnings, Conference Call and Investor Presentation Schedule

HOUSTON--(BUSINESS WIRE)--Contango Oil & Gas Company (NYSE MKT: MCF) announced today it expects to issue its second quarter 2016 earnings release on Wednesday, August 3, 2016. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Thursday, August 4, 2016 at 9:30am Central Daylight Time. Those interested in participating in the earnings conference call may do so by calling the [Read more]