BOE Report

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]

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]