BOE Report

Naphtha Market Size to Reach $183.38 Billion By 2022: Grand View Research, Inc.

SAN FRANCISCO, October 21, 2015 /PRNewswire/ -- The global naphtha market is expected to reach USD 183.38 billion by 2022, according to a new report by Grand View Research, Inc. Growth of petrochemical industry particularly in Asia Pacific and Middle East is expected to remain a key driving factor for global naphtha market. Naphtha finds application as a feedstock in catalytic reforming for manufacturing aromatics and high octane gasoline. Shale gas boom in North America has softened ethane [Read more]

Baker Hughes Announces Third Quarter Results

HOUSTON, Oct. 21, 2015 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today results for the third quarter of 2015. "In the third quarter, we delivered increased operating profit sequentially, despite deteriorating market conditions and lower revenue," said Martin Craighead, Baker Hughes Chairman and Chief Executive Officer. "Internationally, despite a 4% decrease in revenue we expanded margins across all of our segments as a result of continued cost reductions. In North [Read more]

Apache To Release Third-Quarter 2015 Results On Nov. 5

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its third-quarter 2015 results on its website, www.apachecorp.com, at 7 a.m. Central time on Thursday, Nov. 5, 2015, followed by a conference call to discuss its results at 1 p.m. Central time. The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will be available for delayed playback by telephone for one week beginning at [Read more]

Evolution Petroleum Announces First Quarter Fiscal 2016 Earnings Release Conference Call

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release its financial and operational results for the quarter ended September 30, 2015 (its first fiscal quarter of 2016) after the market closes on Wednesday, November 4, 2015. An investor conference call to review the results will be held on Thursday, November 5, 2015 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO, Randy [Read more]

FMC Technologies Reports Third Quarter 2015 Diluted Earnings per Share of $0.61, excluding impairment and restructuring charges

HOUSTON, Oct. 20, 2015 /PRNewswire/ -- FMC Technologies, Inc. (NYSE:FTI) today reported third quarter 2015 revenue of $1.5 billion, down 22 percent from the prior-year quarter primarily due to the continued decline in the North American land market that severely impacts our Surface Technologies segment and the negative impact of the strengthening U.S. dollar in our Subsea Technologies segment. Diluted earnings per share were $0.35, which includes pre-tax impairment charges of $60.2 million, or [Read more]

Bill Barrett Corporation Schedules Third Quarter 2015 Financial and Operating Results Release Date and Conference Call

DENVER, Oct. 20, 2015 /PRNewswire/ -- Bill Barrett Corporation (the "Company") (NYSE: BBG) announced today that its third quarter 2015 financial and operating results press release will be issued after market close on Thursday, November 5, 2015.  The Company will host a conference call to discuss the press release on Friday, November 6, 2015, at 10:00 a.m. EDT (8:00 a.m. MDT).  The full text of the release will be available on the company's website at www.billbarrettcorp.com. Conference call [Read more]

Nighthawk Energy plc (“Nighthawk” or “the Company”) Organisational Changes and Directorate Change

LONDON, Oct. 20, 2015 /PRNewswire/ -- Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces that it has completed an internal review of its current cost structure and has identified a number of margin enhancement and operational efficiency opportunities that it has begun implementing. Many of these improvements will begin to be realized later this year with the full impact being realized in 2016. These margin enhancement and operational [Read more]

Permian Basin Royalty Trust Announces October Cash Distribution

DALLAS, Oct. 20, 2015 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.019278 per unit, payable on November 16, 2015, to unit holders of record on October 30, 2015. This month's distribution decreased from the previous month due to substantially lower pricing for both oil and gas for all properties.  Also, increased capital expenditures for the drilling program were incurred in August [Read more]

MIT Sloan cybersecurity consortium (IC)3 receives $3.5 million from U.S. Dept. of Energy

CAMBRIDGE, Mass., Oct. 20, 2015 /PRNewswire-USNewswire/ -- Today's enterprise cybersecurity defenses are like a bank vault with six-inch-thick steel doors and plywood walls – heavily fortified and terribly vulnerable at the same time. This is how MIT Sloan School of Management Prof. Stuart Madnick describes the cybersecurity challenges facing the nation, particularly its energy infrastructure. To address this issue, the U.S. Department of Energy recently announced a $34-million initiative to [Read more]

Hugoton Royalty Trust Declares October Cash Distribution

DALLAS, Oct. 20, 2015 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE:HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.008643 per unit, payable on November 16, 2015, to unitholders of record on October 30, 2015. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the current month [Read more]