BOE Report

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]

Noble Midstream Partners Increases Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Noble Midstream Partners LP (NYSE: NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.6132 per unit for the first quarter 2019, a 20% increase compared to the prior year quarter and a 4.7% increase sequentially. The first quarter 2019 distribution will be payable on May 13, 2019 to unitholders of [Read more]

Chevron Announces Quarterly Dividend

SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and nineteen cents ($1.19) per share, payable June 10, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 17, 2019. Contacts Sean Comey, +1 925-842-5509 [Read more]

Chevron Announces Agreement to Acquire Anadarko

Strategic fit that enhances Chevron’s advantaged portfolio Delivers $2 billion in anticipated annual operating cost and capital synergies Accretive to free cash flow and earnings one year after close Share repurchase annual target increases by 25 percent to $5 billion SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the outstanding [Read more]

Crestwood Midstream Announces Private Offering of $500 Million of Senior Notes

HOUSTON--(BUSINESS WIRE)--Crestwood Midstream Partners LP (“CMLP”), a wholly-owned subsidiary of Crestwood Equity Partners LP (NYSE: CEQP), announced today its intention, subject to market and other conditions, to offer $500 million in aggregate principal amount of unsecured Senior Notes due 2027 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The [Read more]

Baker Hughes, a GE company Announces March 2019 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for March 2019 was 1,039, up 12 from the 1,027 counted in February 2019, and up 67 from the 972 counted in March 2018. The international offshore rig count for March 2019 was 247, down 3 from the 250 counted in February 2019, and up 62 from the 185 counted in February 2018. The average U.S. rig count for March 2019 was 1,023, down 26 from the 1,049 [Read more]