HOUSTON, Aug. 5, 2015 /PRNewswire/ -- Second Quarter Highlights Distributable cash flow of $321 million, up 34% over prior year quarter Continued earnings growth from existing assets and new expansions 31st consecutive quarterly cash distribution increase Project execution backlog of $6 billion on track – backed by secured, long-term contracts Spectra Energy Partners, LP (NYSE: SEP) today reported second quarter 2015 distributable cash flow (DCF) of $321 million, compared with $239 [Read more]
Quanta Services Reports 2015 Second Quarter Results
HOUSTON, Aug. 5, 2015 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and six months ended June 30, 2015. On August 4, 2015, Quanta completed the sale of all of its fiber optic licensing operations. Accordingly, Quanta has presented the fiber optic licensing operations for the current and prior periods as discontinued operations in the accompanying condensed consolidated financial statements, supplemental data and reconciliation of non-GAAP financial [Read more]
Dorian LPG Ltd. Announces First Quarter 2016 Financial Results
STAMFORD, Conn., Aug. 5, 2015 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended June 30, 2015. Highlights – First Quarter 2016 Revenues of $20.3 million and Net Pool Income of $15.3 million Net Income of $13.7 million; Earnings Per Share of $0.24 Adjusted EBITDA of $19.4 million Delivery of three vessels under our ECO-design [Read more]
Gran Tierra Energy Inc. Announces Second Quarter 2015 Results
CALGARY, Aug. 5, 2015 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE MKT: GTE, TSX: GTE), a company focused on oil and gas exploration and production in Colombia, today announced its financial and operating results for the quarter ended June 30, 2015. All dollar amounts are in United States ("U.S.") dollars unless otherwise indicated. "In the second quarter, Gran Tierra appointed a new management team with significant experience and a proven track record of value [Read more]
TruStar Energy Celebrates Grand Opening of County of Sacramento CNG Fueling Station
SACRAMENTO, Calif., Aug. 5, 2015 /PRNewswire/ -- TruStar Energy, a national leader in development of Compressed Natural Gas (CNG) fueling infrastructure, is proud to announce the grand opening of Sacramento County's updated CNG fueling station. TruStar Energy was contracted to completely refurbish the existing CNG fueling station – that had been in operation since the early 80's. The new combination time fill/fast fill station will be used primarily to provide fuel for the County's refuse [Read more]
Bellatrix Exploration Ltd. Announces Second Quarter 2015 Financial Results
CALGARY, Aug. 5, 2015 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the three and six months ended June 30, 2015. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the "MD&A") for the three [Read more]
Bechtel Wins FEED Contract for the First Floating LNG Facility in the United States
HOUSTON, Aug. 4, 2015 /PRNewswire/ -- Bechtel announced today it has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first U.S.-based floating liquefied natural gas vessel (FLNGV) to go into service at Port Delfin. Port Delfin is a proposed deepwater port and floating LNG facility that will be located approximately 50 miles off the coastline of Cameron Parish, Louisiana. Delfin LNG's project [Read more]
Powell Industries Announces Fiscal 2015 Third Quarter Results
HOUSTON, Aug. 4, 2015 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced results for the fiscal 2015 third quarter ended June 30, 2015. Revenues for the third quarter of fiscal 2015 were $176.7 million compared to revenues of $150.8 million for the third quarter of fiscal 2014. The Company reported net income for the third quarter of $7.0 million, or $0.60 [Read more]
NextDecade and SMBC join forces on Rio Grande LNG Project
THE WOODLANDS, Texas, Aug. 4, 2015 /PRNewswire/ -- Next Decade LLC (NextDecade) has engaged Sumitomo Mitsui Banking Corporation (SMBC) as Financial Advisor and Mandated Lead Arranger for its Rio Grande Liquefied Natural Gas (LNG) export project. Under the agreement, SMBC will be responsible for securing debt financing for the Project. SMBC has extensive experience in LNG projects, having advised and arranged financing for more than 20 liquefaction and 11 regasification projects around the world, [Read more]
Anadarko Declares Dividend
HOUSTON, Aug. 4, 2015 /PRNewswire/ -- The Board of Directors of Anadarko Petroleum Corporation (NYSE: APC) today declared a quarterly cash dividend on the company's common stock of 27 cents per share, payable Sept. 23, 2015, to stockholders of record at the close of business on Sept. 9, 2015. The amount of future dividends for Anadarko common stock will depend on earnings, financial condition, capital requirements and other factors. The Board of Directors will determine dividends on a quarterly [Read more]
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