Inter Pipeline Announces April 2015 Cash Dividend Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for April 2015. This dividend will be paid on or about May 15th, 2015 to shareholders of record on April 22nd, 2015. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since
ConocoPhillips cuts capex, but dividend remains king ConocoPhillips (ticker: COP) held its annual analyst day this week, trimming capex like many of its peers, but reasserting the company’s commitment to maintaining its dividend payout. The company plans to cut capex by 28%, more than their large-cap peers like YPF (3% cut), Statoil (8% cut), BP, Total (11% cut each) and
Talisman Declares Dividend On Common Shares Talisman Energy Inc. (TLM.TO) (TLM.TO) announced today that the company has declared a dividend on the company’s common shares of US$0.1125 per share. The dividend will be paid on April 29, 2015 to shareholders of record at the close of business on April 20, 2015. This is the dividend which was previously anticipated to
Story by The Guardian An oil company claimed on Thursday that it had found 100bn barrels of oil close to Gatwick airport, sending the firm’s share price racing in the City and prompting immediate controversy with environmentalists. The find would have “national significance” and be the largest of its kind in 30 years, according to the small independent explorer, UK
Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, reported its fiscal second quarter results for the period ended February 28, 2015. Second Quarter 2015 Financial Results Revenues increased 3% to $23.7 million up from $23.0 million in the same quarter a year ago. The year-over-year improvement was attributed to
Statoil announced today that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM). “The Yeti discovery expands the proven sub-salt Miocene play further South and West of Big Foot,” said Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analyzing data to determine the size of the discovery
Story by Bloomberg PetroChina Co. passed Exxon Mobil Corp. today as the biggest energy company by market value for the first time since 2010. As the attached chart shows, Exxon’s capitalization was $352.6 billion through yesterday, compared with PetroChina’s $352.8 billion as of 1:36 p.m. on Thursday in Shanghai. The Chinese company’s A shares surged about 61 percent the past
A Conversation with Schlumberger’s David Rabley The only guarantee of the oil and gas industry is its cyclicality. Although veterans of the industry are used to seeing swings on both the upward and downward sides, each cycle comes with a different level of uncertainty. That uncertainty is compounded in the aftermath of the United States shale boom. Bill Barrett, a
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