BOE Report

Hess Announces Regular Quarterly Dividend On Common Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on September 28, 2018 to holders of record at the close of business on September 17, 2018. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information [Read more]

Hess Announces Quarterly Cash Dividend on Preferred Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE: HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on November 1, 2018 to holders of record at the close of business on October 15, 2018. [Read more]

Kinder Morgan to Apply Trans Mountain Proceeds to Debt Reduction

Announces Intention to Vote its Shares in Support of KML Board Proposals HOUSTON--(BUSINESS WIRE)--$KMI #KinderMorgan--Kinder Morgan, Inc., (NYSE: KMI) today announced its intention to vote in favor of the Kinder Morgan Canada Limited (TSX: KML) board’s proposals that will facilitate the distribution of approximately $2.0 billion of Trans Mountain net sale proceeds as a return of capital to KMI; and reiterated its intention to use the proceeds to pay down debt. As a result, KMI currently [Read more]

Cation Capital Comments on Continued Value Erosion at Crescent Point Energy

Letter to Shareholders Lays Out Continued Failures of Governance, Leadership and Accountability at Company Cation Calls for Board Chair Bannister to Resign or be Replaced, and for Urgent Search and Appointment of Experienced, External CEO Cation Will Host Town Hall Conference Call for all Crescent Point Shareholders to Express Concerns and Ideas Regarding their Investment CALGARY, Alberta--(BUSINESS WIRE)--$CPG #CPG--Cation Capital Inc. (together with its affiliates and associates, “Cation [Read more]

Southwestern Energy Announces Cash Tender Offers and Consent Solicitations for Senior Notes

SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) (the “Company”) today announced that it has commenced offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its outstanding senior notes listed in the table below and Consent Solicitations (as defined below), upon the terms and conditions described in the Company’s Offer to Purchase dated September 4, 2018 (the “Offer to Purchase”). [Read more]

Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the “Permian Gulf Coast” or “PGC Pipeline” for Permian Basin Crude Oil Takeaway

DALLAS & TULSA, Okla. & FINDLAY, Ohio & BRENTWOOD, Tenn.--(BUSINESS WIRE)--#MPLX--Energy Transfer Partners, L.P. (NYSE: ETP) (“Energy Transfer”), Magellan Midstream Partners, L.P. (NYSE: MMP) (“Magellan”), MPLX LP (NYSE: MPLX) (“MPLX”) and Delek US Holdings, Inc. (NYSE: DK) (“Delek”) announced today that they have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the [Read more]

Pioneer Natural Resources Company Declares Dividend on Common Shares

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) announced today that its board of directors declared a cash dividend of $0.16 per share on Pioneer’s outstanding common stock. The dividend is payable October 12, 2018, to stockholders of record at the close of business on September 28, 2018. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the [Read more]

EQT Releases 2018 Corporate Social Responsibility Report

An evolution of strategic growth and technological advancements PITTSBURGH--(BUSINESS WIRE)--EQT Corporation has released its new online 2018 Corporate Social Responsibility (CSR) report “Journey Beyond the Horizon.” This report details EQT’s achievements and progress toward its sustainability efforts during fiscal year 2017, highlighting the Company’s management approach, performance, and strategic focus on continually strengthening its corporate social [Read more]

Matador Resources Company Announces Closing of Offering of $750 Million of Senior Notes Due 2026

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) announced today that it has closed its previously announced private offering of $750 million of 5.875% senior unsecured notes due 2026. The notes were issued at par. Matador received net proceeds from this offering of approximately $740 million, after deducting the initial purchasers’ discounts and estimated offering expenses. Matador used a portion of the net proceeds [Read more]

Matador Resources Company Announces Results of Its Cash Tender Offer for Its 6.875% Senior Notes Due 2023

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) announced today the expiration and final results as of 5:00 p.m., New York City time, on August 20, 2018 (the “Expiration Time”) of its cash tender offer to purchase any and all of its $575 million in aggregate principal amount of outstanding 6.875% Senior Notes due 2023 (CUSIP No. 576485AB2 / ISIN US576485AB26) (the “Notes”). The tender offer is being made on the terms and [Read more]