August 7, 2015

Southcross Energy Partners Reports Q2 Results

August 7, 2015

Southcross Energy Partners, L.P. Reports Increased Adjusted EBITDA in 2015 Second Quarter Results Southcross Energy Partners, L.P. (SXE) (“Southcross” or the “Partnership”) today announced second quarter 2015 financial and operating results. Highlights Reported Adjusted EBITDA of $18.7 million, an increase of 10 percent on a sequential-quarter basis Increased distributable cash flow to $8.6 million, up from $7.8 million for the

Oil Prices Fall Below $44 as Rigs Continue Climb

August 7, 2015

Oil rig counts climb for third straight week The total number of rigs actively drilling in the United States rose by ten this week, reaching 884, according to the latest rig count from Baker Hughes (ticker: BHI). The number of rigs drilling for oil rose for the third straight week to 670 while rigs drilling for gas increased by four

Refinery Inputs Reach Record-High 17 Million Barrels per Day

August 7, 2015

The rolling four-week average of refinery inputs exceed the five-year average every week this year Gross inputs to U.S. refineries exceed 17 million barrels per day (MMBOPD) in each of the past four weeks, the highest level of refinery inputs seen by the Energy Information Administration (EIA) since the organization began publishing weekly data in 1990. Inputs have been above

Mortgage rates fall again amid economic uncertainty

August 7, 2015

Story by The Washington Post Eight weeks ago, it appeared that the days of 30-year fixed rate mortgages at less than 4 percent were a thing of the past. But recent economic uncertainty has sent those rates tumbling, which is good news for those looking to purchase a home or refinance a loan. According to the latest data released Thursday

Board of Brazil’s Petrobras approves plan for fuel unit IPO

August 7, 2015

Story by Reuters The board of Petróleo Brasileiro SA has approved a plan to request regulatory permission to list the state-controlled oil producer’s fuel distrbution unit on the São Paulo Stock Exchange. In a securities filing distributed early on Friday, the company known as Petrobras said the execution of an initial public offering of the BR Distribuidora unit hinged on

Southcross Energy Partners Reports Q2 Results

Oil Prices Fall Below $44 as Rigs Continue Climb

Refinery Inputs Reach Record-High 17 Million Barrels per Day

Mortgage rates fall again amid economic uncertainty

Board of Brazil’s Petrobras approves plan for fuel unit IPO

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