BOE Report

Forestar Group Inc. Reports Third Quarter 2015 Results

AUSTIN, Texas--(BUSINESS WIRE)--Forestar Group Inc. (NYSE: FOR) (“Forestar” or the “Company”) today reported a third quarter 2015 net loss of approximately ($164.2) million, or ($4.79) per share outstanding, compared with third quarter 2014 net income of approximately $5.2 million, or $0.12 per share outstanding. Third quarter 2015 results include charges of approximately ($153.9) million, or ($4.48) per share, related to a deferred tax asset valuation allowance, impairment of proved properties [Read more]

OWL Expands Water Gathering Network in Texas, New Mexico and Wyoming

DALLAS--(BUSINESS WIRE)--Oilfield Water Logistics (OWL), a Natural Gas Partners (NGP) portfolio company providing water gathering, treatment and disposal infrastructure and services to the energy industry, has expanded its pipeline network through the acquisition of the Azure West Texas Gathering System in the Permian Basin and Interline Pipeline System in the Powder River Basin. The Azure transaction adds over 700 miles of existing pipeline and right-of-way for water gathering, new supply [Read more]

Devon Energy Reports Third-Quarter 2015 Results

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced core earnings of $316 million, or $0.76 per diluted share, for the third quarter of 2015. This level of earnings generated cash flow from operations of $1.6 billion in the third quarter, a 41 percent increase compared to the second quarter of 2015. “Devon delivered another outstanding operational performance in the third quarter,” said Dave Hager, president and CEO. “Our strategy of operating in North America’s [Read more]

Plains All American Pipeline, L.P. and Plains GP Holdings Report Third-Quarter 2015 Results

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE:PAA) and Plains GP Holdings (NYSE:PAGP) today reported third-quarter 2015 results. Plains All American Pipeline, L.P.             Summary Financial Information (1) (unaudited) (in millions, except per unit data) Three Months Ended Nine Months Ended September 30, September 30,   2015 2014 % Change 2015 2014 % Change Net income attributable to PAA $ 249 $ 323 (23 )% $ [Read more]

Whiting Petroleum Corporation to Present at Bank of America Merrill Lynch Global Energy Conference in Miami

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) today announced that Mike Stevens, Whiting’s Senior Vice President and CFO, and Pete Hagist, Whiting’s Senior Vice President, Planning, will present at the Bank of America Merrill Lynch Global Energy Conference at the Fontainbleau Hotel in Miami. Whiting’s presentation will begin at 9:00 a.m. Eastern Standard Time on Tuesday, November 10, 2015. Whiting’s live presentation may be accessed on the Internet by logging onto the [Read more]

Questar Corp. Chief Operating Officer Tom Jepperson to Retire

SALT LAKE CITY--(BUSINESS WIRE)--Questar Corp. (NYSE: STR) announced today that Thomas C. Jepperson, Questar’s chief operating officer (COO), has elected to retire effective Jan. 1, 2016. Jepperson has been with Questar 27 years, serving as the corporation’s chief legal officer since 2005. “Tom has been an influential leader in the transformation of Questar over the past several years,” said Ron Jibson, Questar chairman, president and CEO. “He has been a primary liaison with our board of [Read more]

Dorsey Adds Experienced Corporate, M&A and Oil & Gas Lawyer Jill McLeod in Anchorage

ANCHORAGE, Alaska--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP announced today that Jill Ann Fleischer McLeod has joined the Firm as a Partner in its Corporate Group in Anchorage, Alaska. Ms. McLeod brings the Firm more than 15 years of U.S. and international legal experience, including extensive work in oil and gas, telecommunications, transportation, commercial transactions, procurement and supply chain, contracts, regulatory compliance, environmental, employment and [Read more]

Fluor Ethane Cracker Project Hits Milestone

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has completed the tallest lift on its U.S. Gulf Coast Petrochemicals Project for Chevron Phillips Chemical Company LP (Chevron Phillips Chemical). Fluor, in a joint venture with JGC, is performing the engineering, procurement and construction of a 1.5 million-metric-tons-per-year ethane cracker and associated offsite components at Chevron Phillips Chemical’s existing Cedar Bayou complex in Baytown, Texas. [Read more]

Allegro Announces 2015 Customer Innovation Award Winners

DALLAS--(BUSINESS WIRE)--Allegro Development Corporation, a leading provider of commodity risk management software, today announced that EOG Resources, Hydro Tasmania and Neas Energy are the winners of its 2015 Customer Innovation Awards. Allegro’s Customer Innovation Awards were created in 2014 to recognize customers with a commitment to excellence and innovation, who have achieved quantifiable benefits through the use of industry best practices and used the Allegro 8 platform for commodity [Read more]

Crestwood Announces Third Quarter 2015 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE:CEQP) (“Crestwood Equity” or “Crestwood”) reported today its financial and operating results for the three months ended September 30, 2015. Third Quarter 2015 Highlights1 Third quarter 2015 adjusted EBITDA of $133.5 million, a 4% increase over $128.9 million in the third quarter 2014; First nine months 2015 adjusted EBITDA of $408.5 million, a 12% increase over $363.2 million in the first nine months 2014 Net loss of $623.4 million, [Read more]