BOE Report

Gulf Stream Marine Expands Into Louisiana

HOUSTON--(BUSINESS WIRE)--Today, Gulf Stream Marine, the largest private stevedore and marine terminal operator on the Texas Gulf Coast, announced its expansion into Louisiana. Gulf Stream Marine expects to begin operations in Lake Charles immediately. The company will serve new and existing customers in support of petrochemical and LNG terminal expansion projects. The Port Of Lake Charles Board of Commissioners awarded Gulf Stream Marine with [Read more]

Mobil 1 Going “Three Wide” with Stewart-Haas Racing in 2016

This season, the “Official Motor Oil of NASCAR” will be featured on the hood of the No. 4, No. 10 and No. 14 Chevrolets for select races Ahead of his final NASCAR season, ExxonMobil wishes Tony Stewart a speedy recovery from his back injury and looks forward to his return ExxonMobil provides lubricant technology support for the entire Stewart-Haas Racing (SHR) team, ultimately helping improve the quality of Mobil 1™ [Read more]

Enable Midstream Reports Fourth Quarter and Full Year 2015 Financial Results

Increased fourth quarter 2015 and full year 2015 processed volumes by approximately 7 percent and 14 percent, respectively, compared to fourth quarter 2014 and full year 2014 Increased fourth quarter 2015 and full year 2015 intrastate transported volumes by approximately 14 percent compared to both fourth quarter 2014 and full year 2014 Increased fourth quarter 2015 Bakken crude gathered volumes by 15.6 [Read more]

Seventy Seven Energy Inc. Announces 2015 Full Year and Fourth Quarter Operational and Financial Results

OKLAHOMA CITY--(BUSINESS WIRE)--Seventy Seven Energy Inc. (NYSE: SSE) today reported financial and operational results for the 2015 full year and fourth quarter. Key information related to the 2015 full year is as follows: Adjusted Revenues of $1.089 billion on Total Revenues of $1.131 billion Adjusted EBITDA was $235.0 million Net loss per fully diluted share was $4.42 SSE reported [Read more]

EQT Midstream Partners and EQT GP Holdings File Annual Reports For 2015

PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE:EQM) (EQM), an EQT Corporation company, announces the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2015 with the Securities and Exchange Commission (SEC). The report is available on EQM’s website at www.eqtmidstreampartners.com and on the SEC website at www.sec.gov. EQT GP Holdings, LP (NYSE:EQGP) (EQGP), an EQT Corporation company, announces the [Read more]

EnLink Midstream Reports Fourth Quarter and Full Year 2015 Results and 2016 Guidance

DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner), today reported results for the fourth quarter of and full-year 2015 and 2016 Guidance. Fourth Quarter 2015 — EnLink Midstream Partners, LP Financial Results The Partnership realized adjusted EBITDA of $186.1 million and distributable cash flow of $148.8 [Read more]

CorEnergy Responds to Energy XXI Announcement

KANSAS CITY, Mo.--(BUSINESS WIRE)--Today, Energy XXI Ltd. (“EXXI”), parent company of the lessee of CorEnergy Infrastructure Trust, Inc.’s ("CorEnergy" or the "Company") Grand Isle Gathering System (“GIGS”), announced its second quarter earnings for fiscal year 2016. In the release, EXXI stated it has elected not to make an interest payment that was due today on its 8.25% Senior Notes due 2018 or any other debt instruments, beginning a 30-day grace [Read more]

Devon Energy Reports Fourth-Quarter and Full-Year 2015 Results; Provides 2016 Capital and Production Outlook

Delivered oil production growth of 26 percent from year-ago quarter Reduced field-level costs by nearly $400 million in 2015 Maintained significant financial flexibility with nearly $4 billion of liquidity Decreased 2016 E&P capital spending outlook by 75 percent Reduced operating and G&A expense outlook by $800 million annually Adjusted quarterly dividend to improve cash flow by $320 million annually OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today [Read more]

Questar Increases Quarterly Dividend 5%

SALT LAKE CITY--(BUSINESS WIRE)--Questar Corp.’s (NYSE:STR) board of directors today approved a 5% increase in the quarterly common stock cash dividend to 22 cents ($0.22). The dividend, payable March 14, 2016, to shareholders of record on February 26, 2016, is a 1 cent ($0.01) increase from the previous quarter and results in a new annualized dividend rate of 88 cents ($0.88) per share. This is the company’s 285th consecutive dividend. Questar has [Read more]

Twin Eagle Sand Logistics Commences Commercial Operations at the Permian Rail Park, Newest Terminal near Big Spring, Texas

HOUSTON--(BUSINESS WIRE)--Twin Eagle Sand Logistics, LLC (“Twin Eagle”), a subsidiary of Twin Eagle Resource Management, LLC, announced today that it has commenced commercial operations at the Permian Rail Park, the newest addition to its terminal network. The Permian Rail Park is located on the Union Pacific Railway approximately eight miles west of the city of Big Spring. The 530-acre rail park is Twin Eagle’s fifth terminal development and is [Read more]