BOE Report

ExxonMobil to release third quarter 2020 financial results

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release third quarter 2020 financial results on Friday, October 30, 2020. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Andrew Swiger, senior vice president; Jack Williams, senior vice president; and Stephen Littleton, vice president of investor relations and secretary; will review the results during a live, listen-only conference call at 8:30 a.m. CT. The [Read more]

Kinder Morgan issues 2019 Environmental, Social and Governance report

Report Expands on Methane Emissions Reductions, Community Relations and Biodiversity Programs HOUSTON - Kinder Morgan, Inc. announced today the publication of its 2019 Environmental, Social and Governance (ESG) report. This report builds on our vision as a company to deliver energy to improve lives and create a better world. “We have provided additional ESG-related metrics throughout our report, including our electricity and renewable energy usage, company-wide air emissions and community [Read more]

Kinder Morgan announces results for third quarter of 2020; maintains $0.2625 per share dividend

HOUSTON - (-Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the third quarter ($1.05 annualized), payable on November 16, 2020, to common stockholders of record as of the close of business on November 2, 2020. This dividend represents a 5% increase over the third quarter of 2019. KMI is reporting third quarter net income attributable to KMI of $455 million, compared to net income attributable to KMI of $506 million in the third [Read more]

ConocoPhillips to acquire Concho Resources in all-stock transaction

ConocoPhillips and Concho Resources Combination Built Upon Shared Vision to Deliver Superior Returns Through Price Cycles All-Stock Transaction Valued at $9.7 Billion Honors Proven Financial Framework and is Expected to be Accretive on Consensus Key Financial Metrics HOUSTON & MIDLAND, Texas - ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of [Read more]

Imperial to hold 2020 Third Quarter Earnings Call

CALGARY, Alberta--(BUSINESS WIRE)--(TSE:IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president investor relations, Imperial Oil Limited, will host a 2020 Third Quarter Earnings Call on Friday, October 30, following the company’s third quarter earnings release. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from Imperial’s covering [Read more]

ConocoPhillips announces increase in quarterly dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced an increase in its quarterly dividend from 42 cents per share to 43 cents per share. The dividend is payable on Dec. 1, 2020, to stockholders of record at the close of business on Oct. 19, 2020. About ConocoPhillips Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 16 countries, $63 billion of total assets, and approximately 9,700 employees at June 30, 2020. Production excluding Libya [Read more]

Kinder Morgan Announces Third Quarter ’20 Earnings Webcast

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced it will release third quarter 2020 earnings results on Wednesday, October 21, 2020. What: Kinder Morgan Third Quarter ’20 Earnings Results Webcast When: October 21, 2020, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-415-228-4878 and entering the passcode [Read more]

ConocoPhillips provides preliminary third-quarter 2020 operational and financial update and announces intent to resume share repurchases of $1 billion during the fourth quarter of 2020

HOUSTON - ConocoPhillips (NYSE: COP) today provided information regarding certain preliminary third-quarter 2020 operational and financial updates. Final third-quarter results will be reported on Oct. 29. The company also announced that it intends to resume share repurchases of $1 billion during the fourth quarter of 2020 under its existing authorization. The repurchases will be funded from available cash on the balance sheet. Management retains the discretion to determine the level and pace [Read more]

Imperial provides Kearl operational update following pipeline restart

CALGARY, Alberta - Imperial (TSE: IMO, NYSE American: IMO) confirmed today that its Kearl oil sands operation has safely started ramping up production to normal rates following the return to service of a third-party diluent pipeline. The production impact of the outage is still being determined and will be updated at a later date. Imperial’s first priority continues to be the safety of our employees, contractors and the communities where we operate. [Read more]

Civeo Corporation announces amendment and eighteen month extension to its credit agreement

HOUSTON & CALGARY, Alberta - Civeo Corporation (NYSE:CVEO) announced today completion of an amendment and extension to its credit agreement, including the term loan and all three revolving credit facilities. This extension encompasses all of Civeo’s outstanding debt structure. The following are key aspects of the amended credit agreement: extends the maturity date of the revolving credit facilities and the term loan by 18 months to May 30, 2023; maintains previous covenant levels and [Read more]