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]
WildHorse Resource Development Corporation Announces Cash Dividend on Series A Perpetual Convertible Preferred Stock
HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) today announced that the Board of Directors has declared an aggregate quarterly dividend of $6.756 million or $15.53 per share on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. WRD elected to pay the dividend in cash. The dividend is for the period beginning on May 1, 2018 to July 31, 2018 and was paid to holders of record on July 15, 2018. [Read more]
Abraxas Provides Second Quarter 2018 Conference Call Information
SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) will host its second quarter 2018 earnings conference call on Wednesday, August 8, 2018 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to announce second quarter 2018 operating and financial results after the market close on Tuesday, August 7, 2018. The conference call can be accessed by dialing 844.347.1028 and entering conference [Read more]
Imperial earns $196 million in the second quarter of 2018
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSX: IMO): Nearly $900 million of cash generated from operations; more than $1 billion returned to shareholders Renewed share purchase program; returned $1.6 billion to shareholders under prior 12-month program Major upstream and downstream planned maintenance completed; positioned for strong second half Second quarter Six months millions of Canadian dollars, unless [Read more]
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