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 March 29, 2019, to stockholders of record at the close of business on March 1, 2019. About Concho Resources Inc. Concho Resources (NYSE: CXO) is one of the largest unconventional [Read more]

Midstates Petroleum Announces Final Results of Its Tender Offer

TULSA, Okla.--(BUSINESS WIRE)--Midstates Petroleum Company, Inc. (“Midstates” or the “Company”) (NYSE: MPO) announced today the final results of its tender offer to purchase for cash up to 5,000,000 shares of its common stock (the “shares”) at a price of $10.00 per share, which expired at 5:00 p.m., New York City time, on Tuesday, February 12, 2019. Midstates has accepted for purchase 5,000,000 shares of its common stock at a purchase price of [Read more]

ConocoPhillips Recommends Rejection of Below-Market Mini-Tender Offer by Baker Mills LLC

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has received notice of an unsolicited mini-tender offer by Baker Mills LLC (Baker Mills) to purchase up to 50,000 shares of ConocoPhillips common stock from the stockholders of ConocoPhillips. The offer represents approximately 0.004 percent of the outstanding shares of ConocoPhillips common stock. The offer price of $55.00 per share is approximately 16.99 percent lower than the [Read more]

Midstates Petroleum Announces Preliminary Results of Its Tender Offer

TULSA, Okla.--(BUSINESS WIRE)--Midstates Petroleum Company, Inc. (“Midstates” or the “Company”) (NYSE: MPO) announced today the preliminary results of its tender offer to purchase for cash up to 5,000,000 shares of its common stock (the “shares”) at a price of $10.00 per share, which expired at 5:00 p.m., New York City time, on Tuesday, February 12, 2019. Based on the preliminary count by American Stock Transfer & Trust Company, LLC, the [Read more]

Genesis Energy, L.P. Sets Date for Release of Fourth Quarter Results and Conference Call

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the fourth quarter ended December 31, 2018 on February 20, 2019, before the market opens. Genesis Energy, L.P.’s Fourth Quarter Earnings Conference Call will be held Wednesday, February 20, 2019, at 8:30 a.m. Central time (9:30 a.m. Eastern time). This call can be accessed at www.genesisenergy.com. Choose the Investor Relations button. For those unable to [Read more]

Cactus Announces Timing of Fourth Quarter and Full Year 2018 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2018 earnings release after market close on Wednesday, March 6, 2019. The Company will host a conference call to discuss financial and operational results on Thursday, March 7, 2019 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus’ website at www.CactusWHD.com. [Read more]

Murphy Oil Corporation Announces Leadership Changes

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that Eugene T. (Gene) Coleman, Executive Vice President, Exploration & Business Development, has elected to retire effective February 28, 2019, after 17 years of service at Murphy and more than 38 years of energy industry experience. At that time, the responsibility for Exploration will be assumed by Michael K. (Mike) McFadyen, Executive Vice President, Offshore, and the responsibility for Business [Read more]

Murphy Oil Corporation Announces Dividend

EL DORADO, Ark.--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on March 1, 2019, to stockholders of record as of February 19, 2019. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent oil and natural gas [Read more]

Plains All American Pipeline, L.P. and Plains GP Holdings Report Fourth-Quarter and Full-Year 2018 Results

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today reported fourth-quarter and full-year 2018 results. Fourth-Quarter and Full-Year 2018 Highlights Delivered 4Q and full-year 2018 financial and operating results ahead of expectations Executed Permian-focused capital program, including early completion of Sunrise Expansion [Read more]

Enable Midstream Announces Golden Pass as Cornerstone Shipper for Gulf Run Pipeline Project

OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) today announced that an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project. Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil. Earlier today, Golden Pass announced it had made a positive final investment decision on a $10 billion infrastructure investment to add liquification and export capabilities [Read more]