BOE Report

ConocoPhillips Reports Second-Quarter 2018 Results and Continued Strong Execution of Disciplined 2018 Operating Plan

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported second-quarter 2018 earnings of $1.6 billion, or $1.39 per share, compared with a second-quarter 2017 loss of $3.4 billion, or ($2.78) per share. Excluding special items, second-quarter 2018 adjusted earnings were $1.3 billion, or $1.09 per share, compared with second-quarter 2017 adjusted earnings of $0.2 billion, or $0.14 per share. Special items for the current quarter were primarily driven by an unrealized gain on Cenovus [Read more]

Chevron Announces Quarterly Dividend

SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and twelve cents ($1.12) per share, payable September 10, 2018, to all holders of common stock as shown on the transfer records of the Corporation at the close of business August 17, 2018. Contacts Chevron CorporationSean Comey, +1 925-842-5509 [Read more]

Cation Capital Sends Letter to Crescent Point Shareholders

Expresses Concern with Lack of Progress and Issues Related to Governance and Leadership Remains Committed to Unlocking Shareholder Value CALGARY, Alberta--(BUSINESS WIRE)--#CPG--Cation Capital Inc. (together with its affiliates and associates, “Cation Capital” or “Cation”), a private investment firm and shareholder of Crescent Point Energy Corp (TSX/NYSE: CPG) (“Crescent Point”), today sent a letter to fellow shareholders of Crescent Point outlining its concerns with the current state of [Read more]

WPX Announces Conversion of Mandatory Convertible Preferred Stock

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE: WPX) today announced the expected conversion rate for the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock issued on July 22, 2015. WPX has approximately 4.8 million shares of preferred stock outstanding. Holders of the preferred stock are expected to receive 4.1254 shares of WPX common stock for each share of preferred stock they hold on the mandatory conversion date of July [Read more]

Carrizo Oil & Gas Announces Second Quarter 2018 Financial Results Release Date and Conference Call

HOUSTON--(BUSINESS WIRE)--Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) will hold a conference call to discuss 2018 second quarter financial results on Tuesday, August 7, 2018 at 10:00 AM Central Daylight Time. Carrizo plans to issue a press release containing its financial and operating results after the market closes on Monday, August 6, 2018.         [Read more]

Williams Partners Reports Atlantic Sunrise Project on Track for Service This Summer

TULSA, Okla.--(BUSINESS WIRE)--Williams Partners L.P. (NYSE: WPZ) today reported that construction is nearing completion on the Atlantic Sunrise pipeline project – a critical expansion of the existing Transco natural gas pipeline to connect abundant Marcellus gas supplies with markets in the Mid-Atlantic and Southeastern U.S. The project sponsors report that the project is targeted for mechanical completion beginning in August 2018, with full [Read more]

Matador Resources Company Announces Date of Second Quarter 2018 Earnings Release

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release second quarter 2018 operational and financial results after the close of trading on Wednesday, August 1, 2018. Management will also host a live conference call on Thursday, August 2, 2018 at 9:00 a.m. Central Time to review second quarter 2018 financial results and operational highlights. To access the live conference [Read more]

Magnolia Oil & Gas Operating LLC Announces Pricing of Private Offering of $400 Million Senior Unsecured Notes due 2026

HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Operating LLC (“Magnolia Operating”) and Magnolia Oil & Gas Finance Corp. (“Finance Corp.” and, together with Magnolia Operating, the “Issuers”), each a consolidated subsidiary of TPG Pace Energy Holdings Corp. (NYSE: TPGE, TPGE.U, TPGE WS) (“TPGE,” “Magnolia” or the “Company”), announced today the pricing of their previously announced private offering (the “Notes Offering”) of $400 million in aggregate [Read more]

Genesis Energy, L.P. Declares Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that, on July 16, 2018, the Board of Directors of its general partner declared a distribution on Genesis’ common units and 8.75% Class A Convertible Preferred Units attributable to the quarter ended June 30, 2018. These distributions will be paid on August 14, 2018 to holders of record at the close of business on July 31, 2018. Each holder of common units will be paid a [Read more]

Energy Transfer Partners, L.P. Announces Pricing of Series D Preferred Unit Offering

DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced it has priced an underwritten public offering of 16,000,000 of its 7.625% Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series D Preferred Units”) at a price of $25.00 per unit, resulting in total proceeds of $400 million. The underwriters have a 30-day option to purchase up to 2,400,000 additional Series D Preferred Units. [Read more]