BOE Report

ConocoPhillips Announces Upsizing and Early Results of Cash Tender Offer

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) announced today the early results of the previously announced tender offer (the “Tender Offer”) of ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company (“CPCo” and, together with ConocoPhillips, the “Company”), to purchase outstanding debt securities identified in the table below (collectively, the “Notes” and each a “Series” of Notes). ConocoPhillips further announced that it has [Read more]

Whiting Petroleum Corporation Announces Exchange Offer for 6.625% Senior Notes Due 2026

DENVER--(BUSINESS WIRE)--Whiting Petroleum Corporation (NYSE: WLL) today announced that it has commenced an offer to exchange all of its outstanding, unregistered 6.625% Senior Notes due 2026 (the "Original Notes") for new, registered 6.625% Senior Notes due 2026 (the "New Notes"). The terms of the New Notes to be issued in the exchange offer are substantially identical to those of the Original Notes, except that the New Notes will not have [Read more]

Devon Energy Announces Third-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 third quarter of 2018. The dividend is payable on Sept. 28, 2018, at a rate of $0.08 per share based on a record date of Sept. 14, 2018. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and [Read more]

Energy Transfer Partners, L.P. Announces Pricing of $3.0 Billion of Senior Notes

DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced the pricing of its $500 million aggregate principal amount of 4.20% senior notes due 2023, $1.0 billion aggregate principal amount of 4.95% senior notes due 2028, $500 million aggregate principal amount of 5.80% senior notes due 2038 and $1.0 billion aggregate principal amount of 6.00% senior notes due 2048 at a price to the public of 99.926%, 99.819%, 99.647% and [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 June 29, 2018 to holders of record at the close of business on June 18, 2018. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess [Read more]

NGL Energy Partners LP Announces Fourth Quarter and Fiscal 2018 Financial Results and Initiates Fiscal 2019 Guidance

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported net income for the quarter ended March 31, 2018 of $110.9 million, including an $89.3 million gain on the sale of a portion of our Retail Propane segment, compared to net income for the quarter ended March 31, 2017 of $26.5 million. The Partnership reported a net loss for Fiscal 2018 of $69.6 million. NGL also announced earlier today [Read more]

Cation Capital Comments on Crescent Point Energy’s New Transformation Plan

Notes that Crescent Point Has Adopted Key Elements of Cation’s Call for Change, Less than a Month After Vigorously Opposing It Credits Positive Developments at Crescent Point to Shareholders who Voted for Change CALGARY, Alberta--(BUSINESS WIRE)--#CPG--Cation Capital Inc. (“Cation Capital” or “Cation”), a private investment firm and shareholder of Crescent Point Energy Corp. (TSX/NYSE: CPG) (“Crescent Point” or the “Company”), today issued the following statement, following today’s [Read more]

Iron Bridge Board of Directors to Review Unsolicited Tender Offer from Velvet Energy

Shareholders Advised to Take No Action Pending Review of Offer CALGARY, Alberta--(BUSINESS WIRE)--$IBR #IronBridge--Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) (TSX: IBR) today confirmed that Velvet Energy Ltd. (“Velvet Energy”) has commenced an unsolicited tender offer to acquire all the issued and outstanding common shares of IBR at a price of $0.75 per share in cash (the “Velvet Offer”). The Iron Bridge Board of Directors, in consultation with independent financial [Read more]

Trans Mountain Pipeline System and Expansion Project to Be Sold for C$4.5 Billion

KMI 2018 DCF Guidance Affirmed; Balance Sheet Strengthened HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced that the Kinder Morgan Canada Limited (TSX: KML) board of directors has agreed to the purchase of the Trans Mountain Pipeline system and the expansion project (TMEP) by the Government of Canada for C$4.5 billion, and has agreed to work with the Government of Canada to seek a third party buyer for the Trans Mountain Pipeline system and TMEP through July 22, [Read more]

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

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its second quarter 2018 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, August 7, 2018. A conference call is scheduled for Wednesday, August 8, 2018, at 9:00 a.m. Central Time to discuss the second quarter results. Instructions on how to listen to the call and view the [Read more]