BOE Report

Williams Partners’ Transco Pipeline Delivers Record Volumes

Pipeline delivers one-day, record-breaking 15.58 million dekatherms Important pipeline infrastructure plays a vital role in keeping the country warm Record volume made possible by multiple expansions executed in 2017 TULSA, Okla.--(BUSINESS WIRE)--As frigid weather conditions blanket the U.S., Williams Partners L.P. (NYSE: WPZ) announced today that it has delivered a record amount of natural gas on its Transco [Read more]

Tallgrass Energy Increases Quarterly Distributions and Announces Date for Fourth Quarter 2017 Financial Results

LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) (“Tallgrass”) today announced their quarterly distributions for the fourth quarter of 2017. The distributions will be paid on Wednesday, February 14, 2018, to unitholders and shareholders of record as of the close of business on Wednesday, January 31, 2018. TEP The board of directors of TEP’s general partner declared a [Read more]

Baker Hughes Announces December 2017 Global Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. The international offshore rig count for December 2017 was 191, up 8 from the 183 counted in November 2017, and down 19 from the 210 counted in December 2016. The average US rig count for December 2017 was 930, up 19 from the 911 [Read more]

California Resources Corporation Announces Its Fourth Quarter and Year-End 2017 Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year financial results conference call on Monday, February 26th at 5:00 p.m. Eastern Standard Time. 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/10115435. [Read more]

WildHorse Resource Development Corporation Announces Fourth Quarter and Full Year 2017 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE: WRD) announced today that it will report fourth quarter and full year 2017 financial and operating results after the market closes for trading on March 7, 2018. Management will host an earnings conference call on March 8, 2018 at 8:00 a.m. Central (9:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (877) 883-0383 (Conference ID: 7958045), or [Read more]

EXCO Resources, Inc. Common Shares to Begin Trading on the OTC Pink Marketplace

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the “Company”) today announced that on December 22, 2017, EXCO was notified by the New York Stock Exchange (“NYSE”) that the NYSE has determined to commence proceedings to delist EXCO’s common shares from the NYSE as a result of EXCO’s failure to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million pursuant [Read more]

GSE Systems, Inc. Announces Steps to Streamline Global Operations

SYKESVILLE, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (GSE or the Company) (NYSE American: GVP), the world leader in real-time high-fidelity simulation systems and provider of training/consulting solutions to the power and process industries, today announced that as part of its ongoing efforts to streamline and optimize global operations, the Company will be consolidating engineering services and R&D activities to Maryland and ceasing an unprofitable [Read more]

Prolific Permian Basin Reaches Second Production Peak in 2017, Eclipsing 1973 Levels by More Than 25 Million Barrels, IHS Markit Says

Permian production will push U.S. to new record liquids production by end of 2018 HOUSTON--(BUSINESS WIRE)--The prolific Permian Basin, a mature hydrocarbon ‘super basin’ located in west Texas and southeastern New Mexico, reached a new oil-production record of 815 million barrels or more* in 2017—far exceeding its previous peak of 790 million barrels set in 1973, according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical [Read more]

NRG Energy, Inc. Announces Redemption of Its Outstanding 6.625% Senior Notes Due 2023

PRINCETON, N.J.--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) today announced that it gave the required notice under the respective governing indentures to redeem for cash (the “Redemption”) all of its outstanding 6.625% Senior Notes due 2023 (the “2023 Notes”) on December 29, 2017 (the “Redemption Date”). The redemption price for the 2023 Notes will be an amount equal to 103.313% of the principal amount of the 2023 Notes to be redeemed, plus accrued and [Read more]