ST. LOUIS, Nov. 9, 2015 /PRNewswire/ -- Earnings Highlights Quarter Ended Nine Months Ended In $ millions, except per share data 9/30/15 9/30/14 9/30/15 9/30/14 Revenues $688.5 $742.2 $2,010.0 $2,191.9 Loss from Operations ($2,236.8) ($35.3) ($2,326.0) ($144.2) Net Loss ($1,999.5) ($97.2) ($2,280.8) ($318.2) Diluted LPS ($93.91) ($4.58) ($107.16) ($15.00) Adjusted Diluted LPS 1 ($3.38) [Read more]
Vitol Investment Partnership Acquires MISC’s Shareholding In VTTI B.V.
LONDON, Nov. 9, 2015 /PRNewswire/ -- VTTI Energy Partners LP (NYSE: VTTI) (the "Partnership") has been informed by VTTI B.V. that Vitol Investment Partnership Limited ("VIP"), an investment vehicle sponsored by Vitol Holding B.V. ("Vitol"), which indirectly owns 50% of VTTI B.V., has acquired MISC Berhad's ("MISC") indirect 50% shareholding in VTTI B.V for cash consideration of $830 million (the "Acquisition"). VIP has acquired the shares through VIP Terminals Finance B.V., a wholly-owned [Read more]
Sequa Petroleum N.V. EGM 14th December 2015 and Ivar Aasen Acquisition Update
LONDON, November 9, 2015 /PRNewswire/ -- The following documents have been circulated to shareholders: Notice of the Extraordinary General Meeting of Shareholders of Sequa Petroleum N.V. Shareholders are hereby invited to attend the Extraordinary General Meeting of Shareholders (EGM) of Sequa Petroleum N.V. (the Company), to be held at the 24th floor, Rembrandt Tower, Amstelplein 1 (1096 HA) in Amsterdam, the Netherlands on Monday 14 December 2015 at 14.00 hours p.m. CET. The agenda items [Read more]
Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2015
CALGARY, Nov. 9, 2015 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three and nine months ended September 30, 2015. HIGHLIGHTS Record quarterly production of 56,280 boe/d for Q3 2015 exceeded prior quarter production of 51,831 boe/d by 9%. This quarter-over-quarter increase was primarily attributable to higher production in the Netherlands due to recent [Read more]
AEP Narrows 2016 Operating Earnings Guidance Range, Raises CAPEX Forecast And Reinforces Earnings Growth Strategy
COLUMBUS, Ohio, Nov. 8, 2015 /PRNewswire/ -- American Electric Power (NYSE: AEP) narrowed its 2016 operating earnings (earnings excluding special items) guidance range and reaffirmed its 2015 operating earnings guidance. The company also forecast its capital expenditure budgets for 2016 through 2018. AEP management will discuss the company's financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins today in Hollywood, Florida. AEP [Read more]
BNK Petroleum Inc. Announces 3rd Quarter 2015 Results
CAMARILLO, CA, Nov. 6, 2015 /PRNewswire/ - All amounts are in U.S. Dollars unless otherwise indicated: THIRD QUARTER HIGHLIGHTS: Average production was 1,554 barrels of oil equivalent per day (BOEPD) for the third quarter of 2015, an increase of 60% compared to the third quarter 2014 production of 971 BOEPD due to the completion of the Nickel Hill 36-3H well and the remaining portion of the Emery 17-1H well in 2015 Subsequent to the end of the quarter, Morgan Stanley reaffirmed the [Read more]
Goodrich Petroleum Announces Preferred Stock Exchange Offers
HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) (the "Company") today announced that it has commenced an offer to exchange depositary shares of the Company's newly created 10.00% Series E Cumulative Convertible Preferred Stock (the "Series E Preferred Stock") for: any and all issued and outstanding shares of the Company's 5.375% Series B Cumulative Convertible Preferred Stock ("Series B Preferred Stock"), up to 2,390,000 depositary shares, which represents [Read more]
Anadarko To Participate In Upcoming Energy Conferences
HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Anadarko Petroleum Corporation (NYSE: APC) today announced that Chairman, President and CEO, Al Walker will participate in the Bank of America Merrill Lynch 2015 Global Energy Conference on Tuesday, Nov. 10, 2015, at 7:30 a.m. EST in Miami. Additionally, Anadarko Senior Vice President, International Exploration, Ernie Leyendecker will present at the Jefferies 2015 Energy Conference on Wednesday, Nov. 11, 2015, at 8:30 a.m. CST in Houston. A link to the [Read more]
On Keystone: The President Has Thrown Working People Under the Bus of His Legacy
WASHINGTON, Nov. 6, 2015 /PRNewswire-USNewswire/ -- Terry O'Sullivan, General President of LIUNA – the Laborers' International Union of North America – made the following statement today regarding the Administration's decision on the Keystone XL Pipeline. President Obama today demonstrated that he cares more about kowtowing to green-collar elitists than he does about creating desperately needed, family-supporting, blue-collar jobs. After a seven-year circus of cowardly delay, the President's [Read more]
Green America Applauds President Obama’s Rejection of Keystone XL Pipeline
WASHINGTON, Nov. 6, 2015 /PRNewswire-USNewswire/ -- After years of deliberation, President Obama demonstrated his support for an economy that supports human and environmental health, and that helps position the U.S. for clean energy leadership, by rejecting the Keystone XL Pipeline today. The proposed pipeline would carry nearly 800,000 barrels of tar sands oil per day across 1,200 miles from western Canada through the U.S. to an export facility in Texas. This decision comes after President [Read more]
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