DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (“EXCO”) today announced the commencement of a cash tender offer (the “Tender Offer”) for EXCO’s outstanding 7.500% Senior Notes due 2018 (the “2018 Notes”) and EXCO’s outstanding 8.500% Senior Notes due 2022 (the “2022 Notes” and together with the 2018 Notes, the “Notes”). The combined amount of 2018 Notes and 2022 Notes tendered is subject to a cap of $40 million (the “Maximum Tender Cap”) on the [Read more]
Chevron Announces Quarterly Dividend
SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable September 12, 2016, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 19, 2016. Contacts Chevron CorporationMelissa Ritchie, +1 925-842-0455 [Read more]
Ring Energy, Inc. Schedules Conference Call on Its 2016 Second Quarter and Six Month Financial and Operating Results
MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE-MKT: REI) (“Ring”)(“Company”) has scheduled a conference call on Tuesday, August 9, 2016 at 11:00 a.m. ET to discuss the 2016 second quarter and six month financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Monday, August 8, 2016. To participate, dial at 877-709-8150 at least five minutes before the call is to begin. [Read more]
Genesis Energy, L.P. Sets Date for Release of Second Quarter Results and Conference Call
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the second quarter ended June 30, 2016 on August 3, 2016, before the market opens. Genesis Energy, L.P.’s Second Quarter Earnings Conference Call will be held Wednesday, August 3, 2016, at 1:00 p.m. Central time (2:00 p.m. Eastern time). This call can be accessed at www.genesisenergy.com. Choose the Investor Center. For those unable to attend the live [Read more]
CORRECTING and REPLACING California Resources Corporation Announces Its Second Quarter 2016 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--In the release issued July 21, 2016, the dial-in phone numbers for the conference call have been updated. The corrected release reads: CALIFORNIA RESOURCES CORPORATION ANNOUNCES ITS SECOND QUARTER 2016 EARNINGS RELEASE AND CONFERENCE CALL California Resources Corporation (NYSE: CRC) will host its second quarter financial results conference call on Thursday, August 4th at 5:00 pm Eastern [Read more]
Schlumberger Announces Second-Quarter 2016 Results
Revenue of $7.2 billion increased 10% sequentially Acquisition of Cameron contributed revenue of $1.5 billion EPS: GAAP loss per share of $1.56 Excluding charges and credits, EPS of $0.23 Asset impairment, workforce reduction, and merger and integration charges totaled $1.79 per share [Read more]
California Resources Corporation Announces Its Second Quarter 2016 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its second quarter financial results conference call on Thursday, August 4th at 5:00 pm Eastern Daylight Time. The Company’s earnings will be released following the market close on the same date. We encourage participants to pre-register for the conference call using the following link http://dpregister.com/10086916. Callers who pre-register will be given a [Read more]
Kinder Morgan Declares Dividend of $0.125 for Second Quarter 2016
Joint Ventures and Asset Sales to Reduce Debt by $3 Billion and Create Long-Term Value HOUSTON--(BUSINESS WIRE)--$KMI #KinderMorgan--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.125 per share for the quarter ($0.50 annualized) payable on Aug. 15, 2016, to common shareholders of record as of the close of business on Aug. 1, 2016. KMI expects to declare dividends of $0.50 per share for [Read more]
Devon Energy to Report Second-Quarter 2016 Results Aug. 2; Conference Call Scheduled for Aug. 3
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced plans to issue its second-quarter 2016 earnings news release on Tuesday, Aug. 2, after the close of U.S. financial markets. Please note as soon as practicable after the news release is issued, Devon will post an operations report to its website at www.devonenergy.com. On Wednesday, Aug. 3, the Company will hold a conference call at 10 a.m. Central Time (11 a.m. [Read more]
Devon Energy Monetizes Access Pipeline for CAD $1.4 Billion (USD $1.1 Billion); Additional CAD $150 Million (USD $120 Million) Payment with Future Expansion
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced that it has entered into a definitive agreement to sell its 50 percent ownership interest in Access Pipeline to Wolf Midstream Inc., a portfolio company of Canada Pension Plan Investment Board, for CAD $1.4 billion, or USD $1.1 billion, using current exchange rates. The agreement also includes the potential for an incremental CAD $150 million payment with the sanctioning and development of a new thermal-oil project on [Read more]
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