The Powder River Basin of Wyoming has traditionally been exploited for its coal resources and coalbed methane gas opportunities. Increased knowledge and improved execution from the oil and gas industry has changed that perception.
The …
CRUDE OIL INVENTORY/’000 bbls (Week Ended 5/1/15)
Current: 487,030
Actual Build/(Withdrawal): (3,882)
Economist Average Estimate: 1,067
Previous: 490,912
Click here for the chart with five year averages.
Click here for an archive of EnerCom’s Inventory Reports.
Important disclosures: The …
Permanent elimination of incentive distribution rights provides significant improvement to Crestwood’s cost of capital
Immediately improved coverage ratio; Repositioned for accelerated future distribution growth
Simplification of corporate structure streamlines corporate strategy and operating footprint and improves Crestwood’s competitive position
Crestwood …
HollyFrontier Corporation (HFC) (“HollyFrontier” or the “Company”) today announced its Board of Directors has authorized a $1 billion share repurchase program. This authorization replaces all existing share repurchase authorizations, of which there was approximately $462 million remaining after …
Energy XXI Declares Regular Quarterly Dividends on Common and Preferred Shares
…Miller Energy Defers Cash Dividends on Its Series C and Series D Preferred Stock
…
PetroQuest Energy (ticker: PQ), a micro-cap E&P headquartered in Lafayette, Louisiana, projects volumes to reach record highs of 125 to 131 MMcfe/d (76% gas) in Q2’15, the company said in its Q1’15 earnings release. Charlie Goodson, Chief Executive Officer …
Occidental Petroleum Corporation (OXY) announced today that its board of directors has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President of Occidental and President – Oxy Oil and Gas, responsible for …
W&T Offshore, Inc. (WTI) announced today that it has successfully completed the pricing and marketing of a $300 million five-year second-lien term loan. The term loan is expected to be made subject to a 1.0% discount to principal …
West Texas Intermediate’s slow climb from lows of $43.46 in March reached a 2015 milestone today. The U.S. crude benchmark gained more than 3% on May 5, taking WTI over the $60 per barrel mark for the …
Strategic Oil & Gas Ltd. Posts Updated Corporate Presentation
…
Crude by rail has made headlines for all the wrong reasons in recent months.
Derailments and safety issues regarding older railcars has made for plenty of fear-inducing news articles for cities and …
Unit Corp. (UNT) is Trading Lower on Unusual Volume for May 05
…Unit Corporation to Present at the Iberia Capital Partners Oil & Gas Day
…
Baytex Energy Corp. (“Baytex”) (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three months ended March 31, 2015 (all amounts are in Canadian dollars unless otherwise noted).
“The Eagle Ford led our operating results …
Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) announces that it intends to issue a minimum of NOK 700 million in new senior unsecured bonds in the Norwegian bond market …
Yuma Energy, Inc. Declares Monthly Dividend on its Series A Cumulative Redeemable Preferred Stock
…EQT GP Holdings, LP, a Delaware limited partnership (the Partnership) and an EQT Corporation company, today announced it has commenced an initial public offering of 20,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 …
American Eagle Energy Corporation (NYSE MKT: AMZG) (“American Eagle” or the “Company”), announces that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company’s Chief Financial Officer to pursue other interests in the …
Enterprise Products Partners (ticker: EPD) reported its first quarter 2015 earnings and increased its distribution for the 51st time since its initial public offering, backed by strong performances …
DENVER, CO — (Marketwired) — 05/05/15 — American Eagle Energy Corporation(NYSE MKT: AMZG) (“American Eagle” or the “Company”), announces that, effective as of the close of business on April 30, 2015, Kirk Stingley resigned as the Company’s Chief Financial …
American Eagle Energy Appoints Marty Beskow as Chief Financial Officer
…Bellatrix Exploration Ltd. announces first quarter 2015 financial results
…
The Energy Information Administration (EIA) expects natural gas to account for 31% of electricity generation by fuel type by 2040. In the EIA’s Annual Energy Outlook (AEO) 2015, the administration predicts that the percentage …
Story by the Detroit Free Press
Ford is expected to announce today plans to offer the 2016 F-150 full-size pickup with a package that prepares it to be powered by propane or compressed natural gas, an option that appeals to …
Royal Dutch Shell (ticker: RDSA) is preparing to return to the Arctic and begin exploring for the first time since 2012, according to Chief Financial
Officer Simon Henry. Henry said the oil …
TransCanada Corporation (ticker: TRP) reported net income of $387 million, or $0.55 per share, on revenues of $2,874 million in its Q1’15 earnings release issued on May 1, 2015. Compared to Q1’14, revenue …
Enterprise Products Partners L.P. (EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $2.5 billion of senior unsecured notes comprised of …
Enable Midstream Partners, LP (ENBL) announced today that on May 1, it completed acquisition of $80 million of strategic natural gas gathering assets in the …
