BOE Report

Devon Energy Announces Fourth-Quarter 2018 Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2018. The dividend is payable on Dec. 28, 2018, at a rate of $0.08 per share based on a record date of Dec. 14, 2018. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and [Read more]

Prudential Capital Energy Partners raises $343 million for first energy mezzanine fund

DALLAS--(BUSINESS WIRE)--$PRU #energy--Prudential Capital Energy Partners has completed fundraising for its first energy mezzanine fund, Prudential Capital Energy Partners Fund I, L.P., closing at $343 million. Prudential Capital Energy Partners (PCEP) is the middle-market energy mezzanine fund business sponsored by Prudential Capital Group, the $81.4 billion private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential [Read more]

Black Bear Midstream Announces Execution of “Dry” Gas Contract

HOUSTON--(BUSINESS WIRE)--Black Bear Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P. (“Oaktree”), announced that it entered into a contract to provide “dry” gas gathering service beginning in late 2018. The six-year agreement includes a significant volume commitment and extends Black Bear’s business beyond its core of natural gas processing. Black Bear owns and operates a 140 million cubic feet per day (“mmscf/d”) [Read more]

Baker Hughes, a GE company Announces August 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for August 2018 was 1,008, up 11 from the 997 counted in July 2018, and up 56 from the 952 counted in August 2017. The international offshore rig count for August 2018 was 212, down 5 from the 217 counted in July 2018, and up 11 from the 201 counted in August 2017. The average U.S. rig count for August 2018 was unchanged at 1,050 counted in July 2018, and [Read more]

Iron Bridge Resources Announces Agreement with Velvet Energy to Increase Equity Cash Consideration by 13%

Amended Offer Increases Consideration Payable for Each IBR Common Share to $0.845 in Cash Amended Offer Supported by Iron Bridge Board, Officers and Major Shareholders, who Commit to Tender Approximately 35% of Total Common Shares Outstanding Amended Offer Extends Expiry Time to 5:00 p.m. (Toronto Time) on September 24, 2018 Board Recommends Shareholders Tender Their Shares to the Velvet Offer CALGARY, Alberta--(BUSINESS WIRE)--$IBR #IBR--Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or [Read more]

Cheniere Partners Announces Pricing of $1.1 Billion Senior Notes Due 2026

HOUSTON--(BUSINESS WIRE)--Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE American: CQP) announced today that it has priced its previously announced offering of $1.1 billion principal amount of Senior Notes due 2026 (the "CQP 2026 Notes"). The CQP 2026 Notes will bear interest at a rate of 5.625% per annum and will mature on October 1, 2026. The CQP 2026 Notes are priced at par, and the closing of the offering is expected to occur on September [Read more]

Pioneer Natural Resources Announces Third Quarter 2018 Earnings News Release Date and Conference Call

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE: PXD) today announced its third quarter 2018 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, November 06, 2018. A conference call is scheduled for Wednesday, November 07, 2018, at 9:00 a.m. Central Time to discuss the third quarter results. Instructions on how to listen to the call and view the [Read more]

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]