BOE Report

Concho Resources Inc. Declares Quarterly Dividend

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable June 28, 2019, to stockholders of record at the close of business on May 10, 2019. Concho Resources Inc. Concho Resources (NYSE: CXO) is one of the largest unconventional shale [Read more]

ConocoPhillips Reports First-Quarter 2019 Results; Operating Plan Continues to Deliver Strong Free Cash Flow and Returns to Shareholders

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported first-quarter 2019 earnings of $1.8 billion, or $1.60 per share, compared with first-quarter 2018 earnings of $0.9 billion, or $0.75 per share. Excluding special items, first-quarter 2019 adjusted earnings were $1.1 billion, or $1.00 per share, compared with first-quarter 2018 adjusted earnings of $1.1 billion, or $0.96 per share. Special items for the current quarter included an unrealized gain on Cenovus Energy equity, [Read more]

Tellurian Announces Binding Open Seasons for the Haynesville Global Access Pipeline and the Delhi Connector Pipeline

HOUSTON--(BUSINESS WIRE)--Tellurian (NASDAQ: TELL) announced today separate binding open seasons on two proposed pipelines that will connect areas of constrained shale production and debottleneck natural gas pipeline infrastructure, further enabling the rapidly growing industrial market in Southwest Louisiana. Tellurian’s subsidiary Haynesville Global Access Pipeline LLC is seeking to secure prospective shippers for a previously announced [Read more]

Imperial reports voting results for election of directors

CALGARY, Alberta--(BUSINESS WIRE)--Imperial announced at its annual meeting of shareholders held on April 26, 2019, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 14, 2019 were elected as directors. A total of 698,062,619 shares (89.96 percent of outstanding common shares) were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to [Read more]

Hess Corporation Makes Application to Cease to Be a Reporting Issuer in Canada

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) ("Hess") announced today that it has applied to the Ontario Securities Commission (the "OSC") to cease to be a reporting issuer in Ontario (the "Order"). Hess has not been listed on a Canadian stock exchange for twenty years, and is not a reporting issuer in any other Canadian jurisdiction. If the OSC grants the Order, Hess will cease to be a reporting issuer in Canada but will continue to file all financial statements and other [Read more]

Chevron Reports First Quarter Net Income of $2.6 Billion

Upstream volumes up 7 percent from prior year Enters agreement to acquire Anadarko Petroleum Corporation SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today reported earnings of $2.6 billion ($1.39 per share – diluted) for first quarter 2019, compared with $3.6 billion ($1.90 per share – diluted) in the first quarter of 2018. Foreign currency effects decreased earnings in the 2019 first quarter by $137 million. Sales and other operating revenues in first quarter [Read more]

Cheniere Partners Declares Increase in Quarterly Distributions

HOUSTON--(BUSINESS WIRE)--Cheniere Energy Partners, L.P. (“Cheniere Partners”) (NYSE American: CQP) today declared (i) a cash distribution per common and subordinated unit of $0.60 ($2.40 annualized) to unitholders of record as of May 7, 2019, and (ii) the related distribution to its general partner. All of these distributions are payable on May 15, 2019. This press release serves as qualified notice to nominees as provided for under Treasury [Read more]

Imperial declares second quarter 2019 dividend

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited today declared a quarterly dividend of 22 cents per share on the outstanding common shares of the company, payable on July 1, 2019, to shareholders of record at the close of business on June 3, 2019. This second quarter 2019 dividend compares with the first quarter 2019 dividend of 19 cents per share. Imperial has a long and successful history of growth and financial [Read more]

Imperial announces first quarter 2019 financial and operating results

CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSX:IMO): Earnings of $293 million; cash generated from operations of $1 billion $510 million returned to shareholders through share purchases and dividends Second quarter dividend increased by 16 percent to 22 cents per share First quarter millions of Canadian dollars, unless noted 2019 2018 ∆ Net Income (loss) (U.S. GAAP) 293 516 -223 Net Income (loss) per common share, [Read more]

Black Stone Minerals, L.P. Declares Distribution for Common and Subordinated Units, Confirms Conversion of Subordinated Units into Common Units, and Schedules Earnings Call to Discuss First Quarter 2019 Results

HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “BSM,” or “the Partnership”) today declares the distribution attributable to the first quarter of 2019 and announces that the Board of Directors has confirmed and approved that, upon payment of the distribution attributable to the first quarter of 2019, the tests required for conversion of all of the outstanding subordinated units into common units on a one-for-one [Read more]