BOE Report

Gas Innovations® Leads Charge on Rapidly Emerging Refrigerant Market Growth

HOUSTON--(BUSINESS WIRE)--To support burgeoning hydrocarbon refrigerant markets, Gas Innovations® has expanded its capability to supply refrigerant gases to LNG and FLNG liquefaction plants worldwide. The unprecedented economic success of U.S. shale gas has created seemingly unending ripples for numerous industries – and economies – across the globe. For Gas Innovations, one of only two companies in North America solely focused on purifying and packaging hydrocarbon, specialty gas and welding [Read more]

EnLink Midstream Reports Second Quarter 2015 Results

DALLAS--(BUSINESS WIRE)--The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner), today reported results for the second quarter of 2015. Second Quarter 2015 — EnLink Midstream Partners, LP Financial Results The Partnership realized adjusted EBITDA of $174.9 million and distributable cash flow of $134.1 million in the second quarter of 2015, compared with adjusted EBITDA of $113.2 million and [Read more]

HollyFrontier Corporation Reports Quarterly Net Income and Announces Regular Cash Dividend

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE:HFC) (“HollyFrontier” or the “Company”) today reported second quarter net income attributable to HollyFrontier stockholders of $360.8 million or $1.88 per diluted share for the quarter ended June 30, 2015, compared to $176.4 million or $0.89 per diluted share for the quarter ended June 30, 2014. Included in the current quarter results was a non-cash inventory valuation adjustment that increased earnings by $82.7 million, after-tax, or [Read more]

Crestwood Midstream Announces Second Quarter 2015 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (NYSE:CMLP) (“Crestwood Midstream” or “CMLP”) reported today its financial and operating results for the three months ended June 30, 2015. Second Quarter 2015 Highlights1 Record Adjusted EBITDA of $125.4 million; a 14% increase over $109.7 million in the second quarter 2014 driven by a 23% and 15% decrease in adjusted operating and administrative costs from the fourth quarter 2014 and first quarter 2015, respectively2 Net Loss of $42.2 [Read more]

Clayton Williams Energy Announces Second Quarter 2015 Financial Results

MIDLAND, Texas--(BUSINESS WIRE)--Clayton Williams Energy, Inc. (the “Company”) (NYSE:CWEI) today reported its financial results for the second quarter 2015. Summary Core drilling suspended in early 2015; resumed at a two-rig pace in July 2015 Oil and gas production of 16.6 MBOE/d Adjusted net loss1(non-GAAP) of $12.8 million EBITDAX2(non-GAAP) of $37 million Financial Results for the Second Quarter of 2015 The Company reported a net loss for the second quarter of 2015 (“2Q15”) of $23.3 [Read more]

Concho Resources Inc. to Participate in Upcoming Conferences

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that the Company will participate in the Tuohy Brothers’ 6th Annual Energy Conference on Monday, August 10, 2015, and the Barclays CEO Energy-Power Conference on Wednesday, September 9, 2015. The Company will refer to its Investor Presentation, which will be available in advance of the first conference on the Investor Relations section of the Company’s website, www.concho.com. Additionally, the [Read more]

ECA Marcellus Trust I Announces Quarterly Distribution

AUSTIN, Texas--(BUSINESS WIRE)--ECA MARCELLUS TRUST I (NYSE: ECT) announced today that the Trust’s distribution for the quarter ended June 30, 2015 will be $0.061 per unit, which is expected to be distributed on or before August 31, 2015 to holders of record as of the close of business on August 20, 2015. The Trust was formed by Energy Corporation of America ("ECA") to own royalty interests in natural gas properties owned by ECA in the Marcellus Shale formation in Greene County, Pennsylvania, [Read more]

Jones Energy, Inc. to Participate in Enercom Conference

AUSTIN, Texas--(BUSINESS WIRE)--Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) announced today that the Company will participate in Enercom’s The Oil & Gas Conference 20 in Denver, Colorado, on August 18-19, 2015. Jeff Tanner, Executive Vice President of Geosciences, and Mark Brewer, Manager of Investor Relations, will be in attendance. The presentation materials for this event will be posted to the Company’s website at www.jonesenergy.com in the Investor Relations section. [Read more]

Devon Energy Reports Second-Quarter 2015 Results

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE:DVN) today announced core earnings of $320 million, or $0.78 per diluted share, for the second quarter of 2015. This compares with first-quarter 2015 core earnings of $89 million, or $0.22 per diluted share. “Devon delivered another high-quality performance in the second quarter as we continued to realize significant operational improvements across our portfolio,” said Dave Hager, president and CEO. “Our oil-focused drilling programs in [Read more]

Research and Markets: Base Oil Market by Product and by Application – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2020

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4jgmdr/base_oil_market) has announced the addition of the "Base Oil Market by Product and by Application - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020" report to their offering. The key base oil products considered are Group I, Group II, Group III, and others. Group I base oils accounted for a major market share in 2014 and are expected to remain dominant throughout the [Read more]