BOE Report

Baker Hughes Announces Fourth Quarter and Annual Results

HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the fourth quarter and full year of 2015. "Our 2015 results are reflective of an extremely difficult and increasingly challenging year for the industry," said Martin Craighead, Baker Hughes Chairman and Chief Executive Officer. "Since the fourth quarter of 2014, the global rig count has declined 46% as our customers adjusted their spending to align with declining commodity prices. Despite [Read more]

NextEra Energy Partners, LP 2015 fourth-quarter and full-year financial results available on partnership’s website

JUNO BEACH, Fla., Jan. 28, 2016 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE:NEP) has posted its 2015 fourth-quarter and full-year financial results in a news release available on the partnership's website by accessing the following link: www.NextEraEnergyPartners.com/Earnings. Jim Robo, chairman and chief executive officer of NextEra Energy Partners, John Ketchum, senior vice president, finance, NextEra Energy, and other members of the senior management team will discuss the [Read more]

AEP Reports 2015 Fourth-Quarter And Year-End Earnings; Strong Performance Driven By Investment In Core Operations

COLUMBUS, Ohio, Jan. 28, 2016 /PRNewswire/ --   Fourth-quarter 2015 earnings $0.96 per share GAAP and $0.48 per share operating Year-end 2015 earnings $4.17 per share GAAP and $3.69 per share operating Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share Company increases planned capital investments for 2017 and 2018 to $5 billion annually   AMERICAN ELECTRIC POWER Preliminary, unaudited results Fourth-quarter ended Dec. 31 Year-to-date [Read more]

Oasis Petroleum Inc. Announces Public Offering of Common Stock

HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS) ("Oasis" or the "Company") announced today that it has commenced an underwritten public offering of 34,000,000 shares of common stock. Oasis expects to grant the underwriter a 30-day option to purchase up to 5,100,000 additional shares of common stock.  Oasis intends to use the net proceeds of this offering for general corporate purposes and to fund a portion of its 2016 capital expenditures. Citigroup is acting as sole [Read more]

Penn West Announces Operational Update, 2016 Capital Budget and Provides Full Year Guidance

CALGARY, Jan. 28, 2016 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE – PWE.BC) ("Penn West", "we", "us" or "our") announces that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016.  This budget responds to the significant decline in commodity prices and proposes capital spending levels 90 per cent lower than the 2015 planned capital program.  Our 2016 capital budget is consistent with the strategy announced on September 1, 2015 which limits [Read more]

CARBO Announces Fourth Quarter and Fiscal Year 2015 Results

HOUSTON, Jan. 28, 2016 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $50.0 million, or a loss of $2.17 per share, on revenues of $56.8 million for the quarter ended December 31, 2015.  The GAAP net loss includes $30.5 million, or $1.32 per share, of after-tax charges and $5.7 million, or $0.25 per share, of after-tax costs associated with slowing and idling production.  Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO CEO Gary Kolstad [Read more]

Global and China Needle Coke Industry Report, 2015-2018

LONDON, Jan. 27, 2016 /PRNewswire/ -- Needle coke with low electrical resistance, strong shock resistance and good anti-oxidation ability has been widely used in ultra high power graphite electrode, nuclear reactor deceleration materials and LIB anode materials. There are coal-based needle coke and oil-based needle coke. From 2006 to 2014, the global needle coke capacity was expanded slowly at 3.6%, mainly because of the capacity expansion control by the industry's giants to maintain high profit [Read more]

Southern Africa Oil & Gas Market 2015-2025: Upstream Exploration & Development and Midstream Infrastructure Spending in Angola, Namibia, South Africa, Mozambique, Tanzania & Madagascar

LONDON, Jan. 27, 2016 /PRNewswire/ -- Report DetailsVisiongain has calculated that the Southern African oil and gas market will see capex of $18.55bn in 2015, including spending on both upstream exploration & development (E&D) and midstream infrastructure.Southern Africa is the single largest region of Africa, a region that includes a diverse range of economies all at varying stages in terms of oil and gas industry development. OPEC member Angola and newcomer Namibia on the West coast are set [Read more]

Core Lab Reports Full Year & Fourth Quarter 2015 Results

AMSTERDAM, Jan. 27, 2016 /PRNewswire/ -- Core Laboratories N.V. (NYSE: "CLB US") (Euronext Amsterdam: "CLB NA") ("Core", "Core Lab", or the "Company") reported fourth quarter 2015 earnings per diluted share ("EPS") of $0.65, excluding certain charges for severance and impairments among others ("ex-items") referenced in the non-GAAP reconciliation included in this release.  Fourth quarter 2015 revenue totaled $182,700,000, down 7% sequentially from third quarter 2015 levels while full-year 2015 [Read more]

Flotek Industries, Inc. Announces 2015 Results, Provides Financial and Operational Update, Announces Year-End 2015 Conference Call Details

HOUSTON, Jan. 27, 2016 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (FTK) today announced results for the three- and twelve-months ended December 31, 2015. As reported on Form 10-K filed with the U.S. Securities and Exchange Commission, Flotek reported revenue for the year ended December 31, 2015 of $334.4 million, a decrease of $114.8 million, or 25.6%, compared to the year ended December 31, 2014. The decrease in revenue was primarily due to the drastic drop in oilfield [Read more]