BOE Report

EnLink Announces Promotions to Its Senior Leadership Team

DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE: ENLK) (the “Partnership”) and EnLink Midstream, LLC (NYSE: ENLC) (the “General Partner”) (together “EnLink”), today announced the promotion of Cynthia Jaggi to Senior Vice President — Engineering and Operations Services, and Michael LeBlanc to Senior Vice President — Liquids Business Unit Operations, subject to the approval of EnLink’s Boards of Directors. Jaggi and LeBlanc will join EnLink’s Senior [Read more]

Energen Schedules 4Q15 Conference Call for February 12, 2016

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Energen Corporation (NYSE: EGN) will host a conference call on Friday, February 12, 2016, at 11:00 a.m. ET to discuss its fourth quarter 2015 financial and operating results and 2016 plans. An associated news release is expected to be issued after the market closes on Thursday, February 11, 2016. Members of the investment community may participate in the conference call by dialing 1-877-407-8289 (reference Energen earnings call). A link to the live broadcast [Read more]

Fitch Downgrades Williams, Williams Partners, & Subs; Williams Remains on Rating Watch Negative

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the ratings for The Williams Companies, Inc. (WMB) by one notch. The Issuer Default Rating (IDR) and senior unsecured ratings are now 'BB+', down from 'BBB-'. WMB's junior subordinated notes have been downgraded to 'BB-' from 'BB'. Both the senior unsecured debt and the junior subordinated notes have been assigned a Recovery Rating of RR4. WMB remains on Rating Watch Negative. The ratings for Williams Partners L.P. (WPZ) have also been [Read more]

Ring Energy, Inc. Announces Fourth Quarter and Year End 2015 Operations Update

MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE MKT: REI) (“Ring”) (“Company”) today announced its operations update for the fourth quarter and year end of 2015. In the last three months of 2015, the Company drilled and placed into production three new development wells on its Central Basin properties. For the full year of 2015, the Company drilled eight new development wells on its Central Basin properties, re-completed five existing wells from the Glorieta to the San Andres formation [Read more]

WPX Energy to Host Feb. 25 Webcast

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE: WPX) plans to discuss its fourth quarter and year-end 2015 financial and operations results during a webcast on Thursday morning, Feb. 25, beginning at 10 a.m. Eastern. Investors are encouraged to access the event and the corresponding slides at www.wpxenergy.com. A replay of the webcast will be available on WPX’s website for one year following the event. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief [Read more]

U.S. Secretary of Energy Ernest Moniz to Deliver Luncheon Address at IHS CERAWeek 2016

ENGLEWOOD, Colo.--(BUSINESS WIRE)--U.S. Energy Secretary Dr. Ernest Moniz will join industry, policy, technology and financial leaders and leading experts from IHS at the 35th IHS CERAWeek 2016, February 22-26 at the Hilton Americas—Houston. Secretary Moniz will deliver a luncheon address Wednesday, February 24. “We are honored to have Secretary Moniz join us at IHS CERAWeek 2016,” said Daniel Yergin, conference chair and vice chairman of IHS Inc. (NYSE: IHS), the leading global source of [Read more]

ConocoPhillips Exports First Cargo From Australia Pacific LNG

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today announced that the first cargo of liquefied natural gas (LNG) has departed from the Australia Pacific LNG (APLNG) facility on Curtis Island in Queensland, Australia. “This is a significant milestone for our company and we are proud to have safely loaded the first cargo from APLNG,” said Ryan Lance, chairman and chief executive officer. “The project is expected to deliver long-term, stable production, which will sustain the company’s [Read more]

FTTN CEO: Major Progress in 2015 Sets Stage for Even Brighter Future

LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (FTTN) President and CEO Sydney Jim issued the following open letter to stockholders today: Dear Stockholders, Despite the challenges of today’s low-price environment, our Company made tremendous strides in 2015. We’re confident the forward-looking strategy we’ve put into place will ensure 2016 meets and surpasses our success over the past 12 months. Value-Based Acquisitions Lead the Way. As the price of oil continued to sink, FTTN saw opportunity [Read more]

Fitch Downgrades Freeport-McMoRan's IDR to 'BBB-'; Outlook Negative

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the Issuer Default Rating (IDR) of Freeport-McMoRan Inc. (NYSE:FCX) to ' BBB-' from 'BBB' along with FCX's senior unsecured debt. Debt and commitments aggregating approximately $21.7 billion are affected by today's rating action. A complete list of rating actions is provided at the end of this release. The Rating Outlook has also been revised to Negative from Stable. The downgrade reflects Fitch's view that commodity prices recovery will be [Read more]

CST Brands, Inc. Announces Organizational Changes

SAN ANTONIO--(BUSINESS WIRE)--CST Brands, Inc. (NYSE: CST), one of the largest independent retailers of motor fuels and convenience merchandise in North America, today announced the following organizational changes in leadership positions. Hal Adams, CST’s Senior Vice President, Chief Marketing Officer, has been named to the newly created position of President, Retail Operations, combining Marketing and Merchandising with Operations. Tony Bartys, Senior Vice President and Chief Operating [Read more]