OKLAHOMA CITY, Feb. 3, 2016 /PRNewswire/ -- Chesapeake has scheduled to release its 2015 fourth quarter and year-end operational update and financial results before market open on Wednesday, February 24, 2016. A conference call to discuss the results has been scheduled for the same day at 9:00 am EST. The telephone number to access the conference call is 785-424-1666 or toll-free 877-876-9177. The passcode for the call is 7678649. The number to access the conference call replay is 719-457-0820 [Read more]
The Laclede Group Reports First Quarter Results
ST. LOUIS, Feb. 3, 2016 /PRNewswire/ -- The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede") today reported operating results for its fiscal 2016 first quarter ended December 31, 2015. Highlights include: Net economic earnings* of $1.04 per diluted share, with comparable GAAP earnings of $1.08 per share Gas Utility earnings essentially equal to prior year despite unseasonably warm weather On target for net economic earnings per share of $3.34 to $3.44 for the full fiscal year "We [Read more]
Spectra Energy Partners Reports Fourth Quarter and Year-End 2015 Results
HOUSTON, Feb. 3, 2016 /PRNewswire/ -- 2015 Year-End Highlights: 2015 distributable cash flow in excess of $1.2 billion; strong distribution coverage ratio of 1.2x, exceeding forecast of 1.1x Natural gas expansion projects and crude transportation pipelines drove 2015 ongoing EBITDA growth of 14.7% 33rd consecutive quarterly cash distribution increase Approximately $700 million in growth projects placed into service Spectra Energy Partners, LP (NYSE: SEP) today reported fourth quarter [Read more]
Spectra Energy Partners Announces 33rd Consecutive Quarterly Cash Distribution Increase
HOUSTON, Feb. 3, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.63875 per unit, an increase of 1.25 cents over the previous level of $0.62625 per unit. This is the 33rd consecutive quarter that Spectra Energy Partners has increased its quarterly cash distribution. The cash distribution is payable on February 26, 2016, to unitholders of record at the close of [Read more]
Patterson-UTI Reports Drilling Activity for January 2016
HOUSTON, Feb. 3, 2016 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of January 2016, the Company had an average of 78 drilling rigs operating in the United States and four rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling [Read more]
Enerplus Completes Sale of Canadian Natural Gas Assets
CALGARY, Feb. 3, 2016 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) has completed one of the divestments announced January 11, 2016 of certain Canadian natural gas properties for cash proceeds of approximately $183 million, before closing adjustments. Proceeds from this transaction were used to reduce the Company's outstanding indebtedness providing additional financial flexibility. Production from the properties divested under this transaction was expected [Read more]
Deep Gas Utica Well Utilizes CARBO KRYPTOSPHERE LD Technology
HOUSTON, Feb. 2, 2016 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) announced the successful use of KRYPTOSPHERE® LD, its ultra-conductive, low-density ceramic proppant technology, in the Utica for CONSOL Energy, a leading Appalachian basin producer. This is the first well to utilize KRYPTOSPHERE LD and joins KRYPTOSPHERE HD as another product in the KRYPTOSPHERE ultra-conductive proppant technology platform to maximize hydrocarbon flow for the life of the well. Logo - [Read more]
RSP Permian, Inc. Announces Timing of Fourth Quarter and Full-Year 2015 Financial Results and Conference Call
DALLAS, Feb. 2, 2016 /PRNewswire/ -- RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) today announced that it will release its fourth quarter and full-year 2015 results after the New York Stock Exchange closes on Wednesday, February 24, 2016. In connection with the earnings release, RSP will host a conference call and webcast for investors on Thursday, February 25, 2016 at 12:00 p.m. Central Time (1:00 p.m. Eastern Time) to discuss the Company's fourth quarter and full-year results. [Read more]
McGuireWoods Advises Dominion Resources in $4.4 Billion Acquisition to Expand Company’s Natural Gas Assets
RICHMOND, Va., Feb. 2, 2016 /PRNewswire/ -- McGuireWoods served as legal advisor to Dominion Resources Inc. in its $4.4 billion acquisition of Questar Corp., a deal which will expand Dominion's natural gas assets into the western United States and create a combined company that serves 4.8 million electric utility and natural gas customers in seven states. The deal is expected to close by the end of 2016. Headquartered in Richmond, Virginia, Dominion is one of the nation's largest producers and [Read more]
Functional Fluids Market by Type & by Application – Global Trends and Forecast to 2020
LONDON, Feb.1, 2016 /PRNewswire/ -- "Increase in use of functional fluids in various applications"The functional fluids market size is expected to reach USD 42.2 billion by 2020, registering a CAGR of 4.5% between 2015 and 2020. The increasing use of functional fluids as compared to conventional mineral oil or synthetic lubricants in urban areas in Africa and Asia-Pacific is a driving factor for the global functional fluids market. These fluids can perform in extreme conditions and difficult [Read more]
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