BOE Report

ConocoPhillips Expands 2018 Share Repurchase Program from $2 Billion to $3 Billion; Increases Previously Announced Repurchase Authorization by $9 Billion to a Total of $15 Billion; Achieves Debt Target of $15 Billion Significantly Ahead of Plan

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a 50 percent increase in its planned 2018 share repurchase program, from $2 billion to $3 billion. The company expects to fully fund this year’s $3 billion program, as well as its dividend and capital expenditures, with cash from operations. The 2018 expansion to $3 billion, combined with the $3 billion of shares repurchased during 2016 and 2017, will fully utilize the board of directors’ existing share repurchase [Read more]

Imperial to hold 2018 Mid-Year Update Call

CALGARY, Alberta--(BUSINESS WIRE)--Rich Kruger, chairman, president and chief executive officer, and Dave Hughes, investor relations manager, Imperial Oil Limited, will host a 2018 Mid-Year Update Call on Friday, July 27 following the company’s second quarter earnings release. The event begins at 9 a.m. MDT and will be accessible by webcast. During the call, Mr. Kruger will offer brief remarks prior to taking questions from Imperial’s covering [Read more]

EQT Declares Quarterly Cash Dividend

PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT), today, declared a quarterly cash dividend of $0.03 per share, payable September 1, 2018, to shareholders of record at the close of business on August 10, 2018. About EQT Corporation: EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, and transmission. With more than 130 years of experience and a long-standing [Read more]

ConocoPhillips Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 28.5 cents per share, payable Sept. 4, 2018, to stockholders of record at the close of business on July 23, 2018. --- # # # --- About ConocoPhillips ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities [Read more]

ConocoPhillips Appoints Mr. Jeffrey A. Joerres to Its Board of Directors

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that its board of directors has elected Mr. Jeffrey A. Joerres to serve as a board member. Mr. Joerres served as chief executive officer of ManpowerGroup Inc. from 1999 to 2014, as chairman of the board from 2001 to 2014, and as executive chairman from May 2014 to December 2015. Mr. Joerres joined ManpowerGroup in 1993 and served as vice president of Marketing and senior [Read more]

Magnolia Oil & Gas Operating LLC Announces 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 that they have commenced, subject to market conditions and other factors, a private offering of $400.0 million in [Read more]

California Resources Corporation Announces Its Second Quarter 2018 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its second quarter financial results conference call on Thursday, August 2nd at 5:00 pm EDT (2:00 pm PDT). The Company’s earnings and guidance will be released following the market close on the same date. We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10120726. Callers who pre-register [Read more]

Whiting Petroleum Corporation Announces Second Quarter 2018 Earnings Release Date and Conference Call

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE:WLL) will release its second quarter 2018 financial and operating results on Tuesday, July 31, 2018 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. ET (10:00 a.m. CT, 9:00 a.m. MT) on Wednesday, August 1, 2018 to discuss Whiting's second quarter 2018 financial and operating results. Participants are encouraged to [Read more]

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Second-Quarter 2018 Earnings

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release second-quarter 2018 earnings after market close on Tuesday, August 7, 2018 and will hold a joint webcast on the same day as follows: What: Second-quarter 2018 earnings webcast When: Tuesday, August 7, 2018 5:00 p.m. ET; 4:00 p.m. CT Where: www.plainsallamerican.com or [Read more]

Imperial Provides Update on Syncrude Outage

CALGARY, Alberta--(BUSINESS WIRE)--Imperial today provided an update on work to restore production at Syncrude following a power disruption on June 20 that resulted in a complete shutdown of all processing units. There are no shipments of synthetic crude from the operation at this time. Investigation into the cause of the power disruption is ongoing. Indications suggest a high voltage transformer trip resulted in a cascading shutdown of [Read more]