BOE Report

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]

Research and Markets: Global Alcohol Ethoxylate Market 2015 (Household & Personal Care, Pharmaceutical, Oilfield, Agrochemicals, and Others) – Market Trends, Forecasts to 2019

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/69fqn3/alcohol) has announced the addition of the "Alcohol Ethoxylate Market by Application (Household & Personal Care, Pharmaceutical, Oilfield, Agrochemicals, and Others) & Geographies Global Market Trends, Forecasts to 2019" report to their offering. The market value of alcohol ethoxylate was valued at $5,124.9 million in 2014 and is projected to grow at a CAGR of about 3.5% from 2014 to 2019. The [Read more]

Research and Markets: Saudi Arabia Oilfield Chemicals Market Forecast and Opportunities, 2020 – Market Is Projected to Surpass USD960 Million

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4sqrfz/saudi_arabia) has announced the addition of the "Saudi Arabia Oilfield Chemicals Market Forecast and Opportunities, 2020" report to their offering. The oilfield chemicals market in Saudi Arabia is projected to surpass USD960 million by 2020. Growth in the market is expected on account of rising oil & gas production, along with anticipated growth in the exploration of shale gas deposits in the [Read more]

Tortoise Energy Independence Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2015

LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Energy Independence Fund, Inc. (NYSE: NDP) today announced that as of July 31, 2015, the company’s unaudited total assets were approximately $321.8 million and its unaudited net asset value was $259.8 million, or $17.90 per share. As of July 31, 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 securities [Read more]

UGI Reports Third Quarter Earnings

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) today reported adjusted net income attributable to UGI of $4.7 million, or $0.03 per diluted share, for the fiscal quarter ended June 30, 2015, compared to $17.1 million, or $0.10 per diluted share, for the quarter ended June 30, 2014. Adjusted earnings per diluted share for the quarter ended June 30, 2015 include a $0.06 loss as a result of the Totalgaz acquisition, which was completed on May 29, 2015. For all periods presented, [Read more]