BOE Report

ExxonMobil Earns $4.2 Billion in Third Quarter of 2015

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):                 Third Quarter Nine Months 2015 2014 % 2015 2014 % Earnings Summary (Dollars in millions, except per share data) Earnings 4,240 8,070 -47 13,370 25,950 -48 Earnings Per Common Share Assuming Dilution 1.01 1.89 -47 3.18 6.04 -47   Capital and Exploration Expenditures 7,670 9,837 -22 23,635 28,073 [Read more]

MarkWest Energy Partners Announces Filing of Definitive Proxy Statement

DENVER--(BUSINESS WIRE)--MarkWest Energy Partners, L.P. (the “Partnership”) (NYSE: MWE) today announced that it has filed a definitive proxy statement and prospectus with the U.S. Securities and Exchange Commission regarding the pending merger pursuant to which the Partnership would become a wholly owned subsidiary of MPLX LP (“MPLX”) (NYSE: MPLX). A special meeting of the common unitholders has been set to approve the previously announced Agreement and Plan of Merger, dated as of July 11, 2015, [Read more]

Phillips 66 Partners Reports Third-Quarter Earnings

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2015 earnings of $52.3 million, or $0.50 per common unit. Distributable cash flow was $64.5 million and adjusted earnings before interest, income taxes, depreciation and amortization (adjusted EBITDA) were $73.4 million. “We had another strong quarter, which highlights the consistent performance of our fee-based portfolio. Distributions increased by 7 percent, in line with our five-year annual growth-rate [Read more]

Ganger Rolf ASA: Report for Third Quarter 2015

OSLO, Norway--(BUSINESS WIRE)--Regulatory News: Ganger Rolf ASA: (OSE:GRO) The unaudited Group accounts for 3 quarter 2015 comprise Ganger Rolf ASA and its subsidiaries (“The Group of companies”) and the Group of companies´ ownership of associates. Comparable figures for the same period in 2014 in brackets. Operating result (EBIT), which mainly reflects the holding company expenses, was NOK - 21 million (NOK - 16 million) in the quarter. All significant share holdings have been consolidated as [Read more]

USD Partners LP Announces Third Quarter 2015 Distribution and Earnings Release Date; Issues 2016 Distribution Guidance

HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.2925 per unit for the third quarter of 2015 ($1.17 per unit on an annualized basis), representing an increase of $0.0025 per unit over the prior quarter. The distribution is payable on November 13, 2015, to unitholders of record as of the close of business on November 9, 2015. Upon closing of the previously [Read more]

EnLink Midstream Announces Purchase of Common Units

DALLAS--(BUSINESS WIRE)--EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) today announced that its subsidiary purchased 2,849,100 common units representing limited partner interests of EnLink Midstream Partners, LP (NYSE: ENLK) (the Master Limited Partnership) in a private placement. The Master Limited Partnership received proceeds of $50 million in the transaction, which will fund the Master Limited Partnership’s growth. Following the common unit purchase, the General Partner’s [Read more]

SandRidge Mississippian Trust II Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE MISSISSIPPIAN TRUST II (NYSE: SDR) today announced a quarterly distribution for the three-month period ended September 30, 2015 (which primarily relates to production attributable to the Trust’s interests from June 1, 2015 through August 31, 2015) of $8.3 million, or $0.223 per Common Unit. The Trust makes distributions on a quarterly basis approximately 60 days after the end of each quarter. The distribution is expected to occur on or before November [Read more]

SandRidge Permian Trust Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--SANDRIDGE PERMIAN TRUST (NYSE: PER) today announced a quarterly distribution for the three-month period ended September 30, 2015 (which primarily relates to production attributable to the Trust’s interests from June 1, 2015 through August 31, 2015) of $9.9 million, or $0.250 per Common Unit. The Trust makes distributions on a quarterly basis approximately 60 days after the end of each quarter. The distribution is expected to occur on or before November 27, 2015 to [Read more]

Expert System Becomes Premier Google for Work Search Technology Partner

ROCKVILLE, Md.--(BUSINESS WIRE)--Expert System (EXSY.MI), the leader in multilingual cognitive computing technology for the effective management of unstructured information, today announced that it is a Google for Work Search Technology Premier Partner thanks to the integration of Cogito® in Google Search Appliance (GSA), the highly scalable hardware and software solution that combines Google search expertise with features that support enterprise business requirements. The Google Premier tier [Read more]

ConocoPhillips Reports Third-Quarter 2015 Results; Accelerating Capital and Operating Cost Reductions

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today reported a third-quarter 2015 net loss of $1.1 billion, or ($0.87) per share, compared with third-quarter 2014 earnings of $2.7 billion, or $2.17 per share. Excluding special items, third-quarter 2015 adjusted earnings were a net loss of $466 million, or ($0.38) per share, compared with third-quarter 2014 adjusted earnings of $1.6 billion, or $1.29 per share. Special items for the current quarter related primarily to the termination of a [Read more]