BOE Report

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended September 30, 2015 and Increases Quarterly Cash Distribution by 10%

MONACO--(BUSINESS WIRE)--GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE:GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended September 30, 2015. Highlights Record quarterly results attributable to the Partnership for Revenues(1), Profit(1), EBITDA(1), Adjusted EBITDA(1) and Distributable cash flow(1). Increased quarterly cash distribution by 10% to $0.478 per unit for the [Read more]

PBF Logistics Increases Quarterly Distribution to $0.39 per Unit and Announces Third Quarter 2015 Earnings Results

PARSIPPANY, N.J.--(BUSINESS WIRE)--PBF Logistics LP (NYSE:PBFX, the "Partnership") announced today third quarter 2015 net income of $20.3 million, or $0.59 per limited partner unit. During the third quarter, the Partnership generated earnings before interest, income taxes, depreciation, and amortization ("EBITDA") of $29.1 million and distributable cash flow of $22.2 million. PBFX's coverage ratio for the third quarter of 2015 was 1.59x. "Our assets performed well during the quarter and we [Read more]

PBF Energy Reports Third Quarter 2015 Results, Declares Dividend of $0.30 Per Share

PARSIPPANY, N.J.--(BUSINESS WIRE)--PBF Energy Inc. (NYSE:PBF) today reported third quarter 2015 Operating Income, excluding special items, of $298.4 million as compared to Operating Income of $284.1 million for the third quarter of 2014. Special items in the third quarter 2015 results include a net, non-cash, after-tax $124.6 million, or $1.36 per share, lower-of-cost-or-market ("LCM") inventory adjustment which decreased operating income. Our inventory is assessed for a potential LCM adjustment [Read more]

Enterprise Reports Results for Third Quarter 2015

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three and nine months ended September 30, 2015. Third Quarter 2015 Highlights     Three months endedSeptember 30,   Nine months endedSeptember 30, 2015   2014   2015   2014 ($ in millions, except per unit amounts)       Gross operating margin (1) $ 1,341 $ 1,335 $ 3,979 $ 3,928 Net income (2) (3) $ 658 $ 699 $ 1,865 $ 2,152 Fully diluted [Read more]

Xcel Energy Third Quarter 2015 Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NYSE: XEL) today reported 2015 third quarter GAAP and ongoing earnings of $426 million, or $0.84 per share, compared with $369 million, or $0.73 per share, in the same period in 2014. Electric and gas margins rose in the third quarter of 2015 primarily due to an increase in retail electric rates, non-fuel riders, the impact of favorable weather and a lower earnings test refund in Colorado. These positive factors were partially offset by higher [Read more]

FTTN Busily Readies Itself for Inevitable Oil Price Rebound

LAS VEGAS--(BUSINESS WIRE)--First Titan Corp. (OTCBB:FTTN) continues to advance its long-range plans focusing on shrewd oil & gas acquisitions at bargain prices amidst several reports the industry may be ready for a long-awaited rally. Analysts are predicting the Organization of Petroleum Producing Countries (OPEC) may cut production at its upcoming December meeting in Vienna, Austria. Many cartel members, notably Venezuela, have been pushing for steep production cuts as they have seen their [Read more]

Technip’s Third Quarter 2015 Results

PARIS--(BUSINESS WIRE)--Regulatory News: On October 27, 2015, Technip’s (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) Board of Directors approved the third quarter adjusted consolidated financial statements. Note: The third quarter 2015 result presented in this press release was prepared on the adjusted basis described in Technip’s fourth quarter and full year 2014 results press release. These results reflect the financial reporting framework used for management purposes. € million (except [Read more]

ExxonMobil to Expand Rotterdam Hydrocracker to Produce Higher-Value Products

ROTTERDAM, Netherlands--(BUSINESS WIRE)--ExxonMobil will expand the hydrocracker unit at its Rotterdam refinery to upgrade heavier byproducts into cleaner, higher-value finished products, including EHCTM Group II base stocks and ultra-low sulfur diesel, to meet growing global market demand. The refinery, operated by Esso Nederland BV, will use ExxonMobil’s proprietary hydrocracking technology and be the first to produce EHC Group II base stocks in Europe. Base stocks are the primary [Read more]

Chevron Announces Quarterly Dividend

SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable December 10, 2015, to all holders of common stock as shown on the transfer records of the Corporation at the close of business November 18, 2015. [Read more]

Southcross Energy Partners, L.P. Announces Third Quarter 2015 Distribution and Provides Update on Third Quarter 2015 Financial Results

DALLAS--(BUSINESS WIRE)--Southcross Energy Partners, L.P. (NYSE:SXE) (“Southcross” or the “Partnership”) today announced that the board of directors of its general partner has declared a cash distribution for the third quarter of 2015 of $0.40 per common unit. The distribution will be paid on November 13, 2015 to unitholders of record on November 9, 2015. Southcross also announced that anticipated financial results for the third quarter of 2015 include the benefit of improved processed gas [Read more]