BOE Report

EQT Releases Seven-Day Data for Utica Well

PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) today announced completion of the flow-back operation on its Scotts Run 591340 dry Utica well located in Greene County, Pennsylvania. Last week, EQT Corporation announced the well’s 24-hour deliverability test of 72.9 MMcf per day, with an average flowing wellhead pressure of 8,641 psi. Following the 24-hour deliverability test, the well produced an average of 27.0 MMcf per day for a period of seven days under restricted choke, with an [Read more]

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended June 30, 2015 and Declares Quarterly Cash Distribution

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 June 30, 2015. Highlights Acquired three LNG carriers from GasLog Ltd. (“GasLog”) for $483.0 million with attached multi-year charters to Methane Services Limited (“MSL”), a subsidiary of BG Group plc (“BG Group”). Successfully completed equity offering [Read more]

PBF Energy Reports Second Quarter 2015 Results, Declares Dividend of $0.30 Per Share and Provides Chalmette Refinery Acquisition Update

PARSIPPANY, N.J.--(BUSINESS WIRE)--PBF Energy Inc. (NYSE: PBF) today reported second quarter 2015 Operating Income, excluding special items, of $167.8 million versus Operating Income of $87.9 million for the second quarter of 2014. Special items in the second quarter 2015 results include a net, non-cash, after-tax $63.4 million lower-of-cost-or-market ("LCM") inventory adjustment which increased operating income. Adjusted Fully-Converted Net Income for the second quarter 2015, excluding special [Read more]

PBF Logistics Increases Quarterly Distribution to $0.37 per Unit and Announces Second Quarter 2015 Earnings Results

PARSIPPANY, N.J.--(BUSINESS WIRE)--PBF Logistics LP (NYSE:PBFX, the "Partnership") announced today second quarter 2015 net income of $19.6 million, or $0.58 per limited partner unit. During the second quarter, the Partnership generated earnings before interest, income taxes, depreciation, and amortization ("EBITDA") of $26.4 million and distributable cash flow of $22.1 million. Included in our results for the second quarter are $0.7 million, or $0.02 per unit, of non-cash expenses related to [Read more]

Technip’s Second Quarter 2015 Results

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY): On July 28, 2015, Technip’s Board of Directors approved the second quarter and first half 2015 adjusted consolidated financial statements. Note: The second quarter and first half 2015 results presented in this press release were 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 [Read more]

Aegion Reports 2015 Second Quarter Financial Results

ST. LOUIS--(BUSINESS WIRE)--Aegion Corporation (Nasdaq Global Select Market: AEGN) today reported GAAP earnings from continuing operations of $8.7 million, or $0.24 per diluted share, compared to $12.8 million, or $0.33 per diluted share, in the second quarter of 2014. On a non-GAAP basis, earnings from continuing operations, excluding restructuring and acquisition-related expenses, were $13.1 million, or $0.35 per diluted share, compared to $13.1 million, or $0.34 per diluted share, in the [Read more]

Kayne Anderson Announces Webcast on the State of the MLP Market

HOUSTON--(BUSINESS WIRE)--KA Fund Advisors, LLC (“Kayne Anderson”) announced today that it will hold a conference call for investors on August 3, 2015 at 1 p.m. Eastern time to provide an update on master limited partnerships (MLPs) and the energy infrastructure market. The call will be hosted by David LaBonte, Senior Research Analyst, with other members of Kayne Anderson’s senior management participating (including Kevin McCarthy and J.C. Frey, the co-heads of Kayne Anderson’s Marketable [Read more]

Seventy Seven Energy Inc. Announces Second Quarter 2015 Operational and Financial Results

OKLAHOMA CITY--(BUSINESS WIRE)--Seventy Seven Energy Inc. (NYSE: SSE) today reported financial and operational results for the second quarter of 2015. Key information related to SSE for the second quarter is as follows: Consolidated Adjusted EBITDA of $44.3 million and Hydraulic Fracturing Adjusted EBITDA of $18.2 million Positive free cash flow for the quarter of $82.0 million Exercised $100 million accordion feature under its Term Loan Repurchased and cancelled $40.0 million in aggregate [Read more]

Freeport-McMoRan Announces Cost Reduction Plans

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced it has undertaken a comprehensive review of its operating plans in its mining and oil and gas businesses to target significant additional reductions in capital spending and operating and administrative costs in response to weak market conditions for its major products. These plans will also incorporate potential adjustments to mine plans and future copper and molybdenum production volumes to reduce costs and preserve [Read more]

cippe 2015 Shanghai: Focus on Innovation and Upgrade of Global Petrochemical Industry and Market Trends

SHANGHAI--(BUSINESS WIRE)--In the coming five years, China's economy will see significant changes in many aspects, with the economic growth rate from high to moderate, the growth pattern from extensive growth in scale and speed to intensive growth in quality and efficiency, its driving force from investment to innovation, and the structure from capacity expansion-oriented to expansion-and-optimization-oriented. Focusing on the upgrade of the traditional petrochemical industry, the challenges [Read more]