BOE Report

ConocoPhillips Analyst and Investor Meeting to Outline 2018-2020 Operating Plan; Creating Value with Disciplined, Returns-Focused Strategy

NEW YORK--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will hold an Analyst and Investor Meeting today to outline the company’s 2018-2020 operating plan and strategy for long-term value creation. The three-year plan averages annual capital expenditures of $5.5 billion, based on a flat real West Texas Intermediate (WTI) price of $50 per barrel, and targets strong performance on several value-oriented metrics, including: Greater than 20 percent cash return on capital employed (CROCE) by [Read more]

Baker Hughes, a GE Company Announces October 2017 Rig Counts

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2017 was 951, up 20 from the 931 counted in September 2017, and up 31 from the 920 counted in October 2016. The international offshore rig count for October 2017 was 204, up 14 from the 190 counted in September 2017, and up 4 from the 200 counted in October 2016. The average US rig count for October 2017 was 922, down 18 from the 940 counted [Read more]

HollyFrontier Corporation Announces Appointment of Two Directors to Its Board of Directors

DALLAS--(BUSINESS WIRE)--HollyFrontier Corporation (NYSE:HFC) (“HollyFrontier”) today announced that its Board of Directors (the “Board”) appointed Anne-Marie N. Ainsworth and Anna C. Catalano to the Board effective November 6, 2017. These appointments increase the size of the Board to eleven directors and increase the number of independent directors on the Board from seven to nine. Ms. Ainsworth served as President and Chief Executive Officer [Read more]

Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2017 and Provides Update

METAIRIE, La.--(BUSINESS WIRE)--Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2017 and first nine months of 2017 and provides update. The Company’s revenue for the three months ended September 30, 2017 from oil and gas production for its fee lands was $8,708 compared to revenue of $27,518 for the third quarter of 2016. For the first nine months of 2017, revenue generated from the Company’s [Read more]

Baker Hughes, a GE company Announces $3 Billion Share Repurchase Authorization

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes, a GE company (NYSE: BHGE) ("BHGE" or the "Company") today announced that its Board of Directors has authorized Baker Hughes, a GE company, LLC (“BHGE LLC”) to repurchase up to $3 billion of its common units from BHGE and GE. The Company will use the proceeds from the sale of its BHGE LLC common units to repurchase its Class A shares. In addition, the Company also announced its intention for BHGE LLC to issue [Read more]

Energy Transfer Partners and Energy Transfer Equity Correct Ex-Dividend Date of Quarterly Cash Distributions

Ex-Dividend Date is November 6, 2017 for both Partnerships DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) and Energy Transfer Equity, L.P. (NYSE: ETE) today announced that the ex-dividend date for their respective quarterly cash distributions for the third quarter ended September 30, 2017 is November 6, 2017 and not November 3, 2017 as previously reported in the partnerships’ press releases on October 26, 2017. The [Read more]

Erin Energy Announces Release Date and Conference Call Information for Third Quarter 2017 Results

HOUSTON--(BUSINESS WIRE)--Erin Energy Corporation (Erin Energy or the Company) (NYSE American:ERN) (JSE:ERN) has scheduled release of its 2017 third quarter results to occur after close of market on Wednesday, November 8, 2017. The Company will host a conference call on Thursday, November 9, 2017 at 10:00 a.m. CT (11:00 a.m. ET) to discuss the results and update its current operations. The dial-in number to access the conference call is [Read more]

WildHorse Resource Development Corporation Announces Dividend on Series A Perpetual Convertible Preferred Stock

HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE:WRD) today announced an aggregate quarterly dividend of $6.558 million on its 435,000 shares of 6.0% Series A Perpetual Convertible Preferred Stock. The dividend was paid by an automatic increase to the accreted value of each such share of Series A Perpetual Convertible Preferred Stock, which were issued with an initial accreted value of $1,000. The dividend is for the period [Read more]

Devon Energy Reports Third-Quarter 2017 Results

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today reported operational and financial results for the third quarter of 2017. Also included within the release is the company’s guidance outlook for the fourth quarter of 2017. Highlights Production exceeds midpoint of hurricane-adjusted guidance 50 high-rate wells brought online with average rates exceeding 2,100 Boe per day Capital expenditures were 12 percent below guidance year to date Divestiture program [Read more]

EQT Releases 2017 Corporate Social Responsibility Report

One of the few U.S.-based energy companies to pursue this degree of disclosure voluntarily PITTSBURGH--(BUSINESS WIRE)--EQT Corporation released its new online 2017 Corporate Social Responsibility report “Bridging Growth & Success,” which chronicles the Company’s performance during fiscal year 2016. The report covers key areas of corporate sustainability, including environmental stewardship, economic impact, social responsibility, and safety. In [Read more]