LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) today announced the commencement of its offer to purchase (the “Tender Offers”), upon the terms and conditions set forth in the offer to purchase, dated August 1, 2016 (the “Offer to Purchase”), and the related letter of transmittal (“Letter of Transmittal”), up to a combined aggregate principal amount of its outstanding 5.0% Senior Notes due 2020, 5.5% Senior Notes due 2021, 6.0% [Read more]

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST I (NYSE: SDT) today announced a quarterly distribution for the three-month period ended June 30, 2016 (which primarily relates to production attributable to the Trust’s interests from March 1, 2016 through May 31, 2016) of $1.2 million, or $0.0412 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]

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST II (NYSE: SDR) today announced a quarterly distribution for the three-month period ended June 30, 2016 (which primarily relates to production attributable to the Trust’s interests from March 1, 2016 through May 31, 2016) of $2.6 million, or $0.053 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]

MIDLAND, Texas--(BUSINESS WIRE)--Clayton Williams Energy, Inc. (NYSE: CWEI) (the “Company,” “we” or “us”) today announced that it has commenced a modified “Dutch Auction” cash tender offer (the “Tender Offer”) to purchase up to $100,000,000 aggregate principal amount (the “Tender Cap”) of its 7.75% senior notes due 2019 (the “Notes”). The Tender Offer will expire at 11:59 p.m., New York City time, on August 29, 2016, unless extended by the Company in its [Read more]

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 second quarter ended June 30, 2016 of $0.285 per ETE common unit ($1.14 on an annualized basis). The quarterly distribution of $0.285 per ETE common unit represents a distribution increase of $0.08 per common unit on an annualized basis, or 7.5%, compared to the second [Read more]

Earnings Release and Earnings Call Dates Also Announced DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced a quarterly distribution of $1.055 per ETP common unit ($4.22 annualized) for the quarter ended June 30, 2016. The quarterly distribution of $1.055 per ETP common unit represents a distribution increase of $0.08 per common unit on an annualized basis, or 1.9%, compared to the second quarter of 2015, and is [Read more]

Conference Call to Be Held on Thursday, August 11, 2016 at 9:00 A.M. EDT HOUSTON--(BUSINESS WIRE)--Vertex Energy, Inc. (NASDAQ: VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, announced today that it will release its financial results for the second quarter ended June 30, 2016 on Thursday, August 11, 2016. Management of Vertex Energy will host a conference call on [Read more]