DALLAS--(BUSINESS WIRE)--It’s “game on” for GameStop PowerUp Rewards loyalty program members, who are now able to use their reward points to save on the cost of fuel through the Fuel Rewards® program operated by Excentus Corporation. The Fuel Rewards® program is a coast-to-coast loyalty program that enables its six million members to earn fuel savings from purchases made at thousands of participating merchants, retailers and restaurants. Members can link their debit/credit cards to the [Read more]
FTTN Signs Option for North Texas Oil Field Lease, Looks to Expand Acquisition Strategy
LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (OTCQB:FTTN) has inked an oil, gas and minerals option with Mustang Loan Co. for one of Mustang’s properties near Abilene, TX. The move is part of FTTN’s continuing strategic efforts to acquire leases at discounts from companies hard hit by the ongoing oil price downturn. The field is on the westernmost edge of the Barnett Shale, the third most prolific shale oil producing region in Texas. However, some analysts have previously speculated the area [Read more]
Genesis Energy, L.P. to Present at the Bank of America Merrill Lynch 2015 Leveraged Finance Conference
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE:GEL) announced today that Bob Deere, Chief Financial Officer, will speak at the Bank of America Merrill Lynch 2015 Leveraged Finance Conference being held December 2 - 4, 2015 in Boca Raton, Florida. Mr. Deere will discuss Genesis Energy’s performance, growth strategies and financial objectives. Genesis Energy’s presentation will take place on Friday, December 4. The presentation is not being webcast but the presentation materials will be made [Read more]
Fitch Expects to Rate Medanito S.A.'s Sr. Unsecured Issuance 'CCC+/RR3'
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned foreign and local currency Issuer Default Ratings (IDRs) of 'CCC' and 'B-', respectively, to Medanito S.A. (Medanito). The Rating Outlook for the company's local currency IDR is Negative. Fitch has simultaneously assigned an expected rating of 'CCC+/RR3' to Medanito's proposed international senior unsecured bond issuance of up to USD150 million in Reg S notes with a five-year bullet maturity (2020 maturity). Proceeds from the transaction [Read more]
Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 31, 2015 to holders of record at the close of business on December 17, 2015. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at http://www.hess.com. [Read more]
Fluor Announces Completion of Isononanol Plant Project for BASF and Sinopec in China
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has completed a world-scale Isononanol (INA) plant for BASF and China Petroleum & Chemical Corporation (Sinopec) in the Maoming Hi-tech Industrial Development Zone, Maoming, China. The plant, which is a first-of-its-kind in China, was recently inaugurated by the owners and will serve the growing demand for next-generation plasticizers. Fluor applied its integrated project execution experience in China, [Read more]
Devon Energy Announces First-Quarter Cash Dividend for Common Stockholders
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon’s common stock for the first quarter of 2016. The dividend is payable on March 31, 2016, at a rate of $0.24 per share based on a record date of March 15, 2016. Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S&P 500, Devon operates in several of [Read more]
GDS International Implements GE’s Equipment Insight Solution to Optimize Top Drive Equipment Performance
CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--GE (NYSE:GE) today announced that GDS International LLC, otherwise known as Global Drilling Support (GDS), has implemented its Equipment Insight solution at drilling rigs located in the Marcellus region of Pennsylvania to improve data collection, analytics and management capabilities. Powered by Predix, the software-as-a-service offering enables GDS — a leading provider of top drive manufacturing, maintenance and repair — to better monitor the health of its [Read more]
Energen Investment Community Meetings Slated for December 2-3
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Energen Corporation (NYSE: EGN) senior managers will meet with members of the investment community in New York on December 2-3, 2015. Associated meeting materials are available for viewing on Energen’s home page, http://www.energen.com. Energen Corporation is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. The company has 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 [Read more]
Tortoise Power and Energy Infrastructure Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Nov. 30, 2015
LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today announced that as of Nov. 30, 2015, the company’s unaudited total assets were approximately $198.3 million and its unaudited net asset value was $147.6 million, or $21.23 per share. As of Nov. 30, 2015, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act). The company’s asset coverage ratio under the 1940 Act with respect to senior [Read more]
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