BOE Report

Tallgrass Energy Announces Seahorse Pipeline Open Season

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) today announced an open season soliciting binding shipper commitments for crude oil transportation service on the Seahorse Pipeline (“Seahorse”). The proposed Seahorse Pipeline is expected to be 30 inches in diameter and approximately 700 miles long, with the capacity to transport up to 800,000 barrels of crude oil per day from the Cushing oil hub to the Louisiana [Read more]

Devon Energy to Present at Barclays CEO Energy-Power Conference

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that management will present at the Barclays CEO Energy-Power Conference in New York at 10:25 a.m. ET on Wednesday, Sept. 5, 2018. The presentation will be available to the public via webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking [Read more]

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

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador”) announced today that it has priced a private offering of $750 million of 5.875% senior unsecured notes due 2026. The notes will be issued at par. Matador increased the size of the offering from the previously announced $700 million to $750 million. The offering is expected to close on August 21, 2018, subject to customary closing conditions. Matador intends to use the [Read more]

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

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today reported second-quarter 2018 results. Second-Quarter Highlights Delivered 2Q18 financial and operating results ahead of expectations Increased 2018 Adjusted EBITDA guidance Continue to expect 14-15% fee-based Segment Adjusted EBITDA growth in 2019 [Read more]

NGL Energy Partners LP Announces First Quarter Fiscal 2019 Financial Results

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported a net loss for the quarter ended June 30, 2018 of $169.3 million, compared to a net loss of $63.7 million for the quarter ended June 30, 2017. The net loss for the current quarter includes a loss on the disposal and impairment of assets of $101.3 million and expenses related to the accrual for the settlement of litigation of $35.0 [Read more]

Baker Hughes Announces July 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for July 2018 was 997, up 38 from the 959 counted in June 2018, and up 38 from the 959 counted in July 2017. The international offshore rig count for July 2018 was 217, up 22 from the 195 counted in June 2018, and up 13 from the 204 counted in July 2017. The average U.S. rig count for July 2018 was 1,050, down 6 from the 1,056 counted in June 2018, and up [Read more]

Black Stone Minerals, L.P. Reports Record Quarterly Results and Declares Increased Cash Distribution on Common and Subordinated Units; Raises Production Guidance for Full Year 2018

HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Partnership") today announces its financial and operating results for the second quarter of 2018 and recent developments after quarter-end. Highlights Reported total quarterly production of 44.7 Mboe/d, an increase of 5% over the first quarter of 2018. Royalty volumes increased by 9% over first quarter [Read more]

Ring Energy, Inc. Schedules Conference Call on Its 2018 Second Quarter and Six Month Financial and Operating Results

MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE American: REI) (“Ring”) (“Company”) has scheduled a conference call on Thursday, August 9, 2018, at 11:30 a.m. ET to discuss the 2018 second quarter and six month financial and operating results. Ring expects to issue a press release summarizing these results after the close of market on Wednesday, August 8, 2018. To participate, dial 877-709-8150 at least five minutes before the call is [Read more]

Northern Oil and Gas, Inc. Announces Second Quarter 2018 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern” or the “Company”) announced today that it plans to issue its earnings release with respect to second quarter 2018 financial and operating results on Thursday, August 9, 2018 before the market opens. Additionally, the Company will host a conference call on Thursday, August 9, 2018 at 11:00 a.m. Central Time. Those wishing to listen to the conference call may [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 September 4, 2018, to stockholders of record as of August 13, 2018. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent oil and natural gas [Read more]