Friday, August 7, 2026

ONEOK Maintains 2017 Guidance of $635 Million to $795 Million Net Income

ONEOK, Inc. (Ticker: OKE) announced higher third-quarter 2017 financial results primarily benefiting from natural gas and natural gas liquids (NGL) volume growth in the Williston Basin and STACK and SCOOP areas, higher average fee rates in the natural gas gathering and processing segment and higher fee-based transportation services in the natural gas pipelines segment. Highlights Maintaining 2017 net income guidance of $635 million to $795

Armstrong Energy Sells Alaska Interests

Current sale involves half of interests, can be expanded to all Denver-based private E&P Armstrong Energy is selling its interest in its Alaskan properties, where it made a massive discovery earlier this year—the largest conventional onshore discovery in 30 years. Oil Search (ticker: OSH), from Papua New Guinea, will pay $400 million for minority interests in the Pikka and Horseshoe

Anadarko Reports 12% U.S. Oil Production Growth

Delaware wells show IPs above 2,700 BOEPD Anadarko Petroleum (ticker: APC) announced third quarter results today, showing a net loss of $699 million, or ($1.27) per share. After adjusting for special charges, Anadarko took a loss of $427 million, or ($0.77) per share. The company produced an average of 626 MBOEPD in Q3, up slightly from the pro-forma 612 MBOEPD

Devon joins shale firms to cut spending as oil hovers at $30- oil and gas 360

Devon Energy Sees 40% NPV Improvements in the Delaware

Devon’s Delaware multi-zone development that shaved $1 million off of well costs is a ‘game changer’ Devon Energy (ticker: DVN) announced third quarter results today, showing earnings of $228 million, or $0.43 per share. After excluding special items, Devon earned $242 million, or $0.46 per share, which the company reports exceeds analyst consensus estimates. Devon produced 527 MBOEPD in Q3,

Hi-Crush Partners (HCLP) Reports Record Frac Sand Sales in Q3

Hi-Crush opened 2 new facilities, announced $100 million buyback Q3 highlights Revenues of $167.6 million Quarterly record of 2,456,195 tons of frac sand sold Net income of $29.8 million, resulting in $0.33 basic and $0.32 diluted earnings per limited partner unit Q3 2017 distributable cash flow of $37.5 million vs. $22.9 million in Q2 2017 Resumed quarterly cash distribution of