BOE Report

WPX Energy Declares Dividend on Preferred Stock

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy’s (NYSE: WPX) board of directors has approved a quarterly dividend of $0.78125 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. The dividend is payable as of July 31, 2018, to holders of record of the company’s preferred stock on July 13, 2018. About WPX Energy, Inc. WPX is an independent energy producer with core positions in the Permian [Read more]

Northern Oil and Gas, Inc. Announces Completion of Senior Notes Exchange Transaction

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has completed its previously announced exchange transaction with certain holders of its 8% senior unsecured notes, including the requirement to raise an additional $140 million of new equity capital. HIGHLIGHTS OF THE TRANSACTION $497 million of existing senior unsecured notes has been exchanged for approximately (i) $344 [Read more]

WildHorse Resource Development Corporation Receives Notice of Partial Distribution of WRD Shares

HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) received notice today that Natural Gas Partners, IX L.P. (“NGP IX”), which is one of three investment funds managed by NGP Energy Capital Management, LLC (“NGP”) that are the largest stockholders of WRD, has recently distributed approximately 12.0 million shares to its limited partners in NGP IX. Following the distribution, investment funds managed by NGP continue as [Read more]

Apache Midstream and ARM Energy Holdings Announce Development of Salt Creek Midstream’s SCM Alpine, LLC

Apache Midstream Signs Option for 50% Stake in 445,000 Bbl/d NGL Header System ARM to Construct, Manage, Operate and Own an Interest in the Transportation System Salt Creek Midstream and SCM Alpine Backed by Ares Management’s Private Equity Group HOUSTON--(BUSINESS WIRE)--Apache Midstream (“Apache”), a subsidiary of Apache Corporation (NYSE, NASDAQ: APA) and ARM Energy Holdings (“ARM Energy”) today announced that ARM [Read more]

Energy Transfer Equity Reports First Quarter Results

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE:ETE) (“ETE” or the “Partnership”) today reported financial results for the quarter ended March 31, 2018. ETE’s net income attributable to partners was $363 million for the three months ended March 31, 2018, an increase of $124 million compared to $239 million for the three months ended March 31, 2017. Distributable Cash Flow, as adjusted, for the three months ended March 31, 2018 was [Read more]

Phillips 66 Announces Increase in Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 80 cents per share on Phillips 66 common stock, representing a 14 percent increase. The dividend is payable on June 1, 2018, to shareholders of record as of the close of business on May 21, 2018. “A secure, competitive and growing dividend is fundamental to our capital allocation strategy,” said Greg Garland, chairman and CEO of [Read more]

Cheniere Partners Holdings Declares Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Cheniere Energy Partners LP Holdings, LLC (“Cheniere Partners Holdings” or the “Company”) (NYSE American: CQH) announced today that its Board of Directors declared a quarterly cash dividend of $0.56 per common share representing limited liability company interest in the Company. The dividend will be payable on May 30, 2018 to shareholders of record as of the close of business May 21, 2018. Cheniere Partners Holdings’ [Read more]

Northern Oil and Gas, Inc. Announces Shareholder Approval at Special Meeting

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern”) today announced the voting results from its special meeting of shareholders held on May 8, 2018. The special meeting was called to seek shareholder approval of proposals in connection with Northern’s previously announced bond exchange agreement and related transactions (the “Exchange Transaction”). At the special meeting, Northern’s shareholders voted to [Read more]

Baker Hughes Announces Global April 2018 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for April 2018 was 978, up 6 from the 972 counted in March 2018, and up 22 from the 956 counted in April 2017. The international offshore rig count for April 2018 was 194 up 6 from the 185 counted in March 2018, and down 7 from the 201 counted in April 2017. The average U.S. rig count for April 2018 was 1,011, up 22 from the 989 counted in March 2018, and [Read more]

ConocoPhillips Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 28.5 cents per share, payable June 1, 2018, to stockholders of record at the close of business on May 14, 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 in [Read more]