Algonquin Power & Utilities Corp. Announces Dividend Rates on Cumulative Rate Reset Preferred Shares, Series D, and Cumulative Floating Rate Preferred Shares, Series E
Texas, Oklahoma and New Mexico are down 61 rigs since November By Richard Rostad, analyst, Oil & Gas 360 Drilling activity fell in the U.S. this week, the second drop in a row according to Baker Hughes Weekly Rig Count. A net nine rigs came offline in the past week, bringing the national rig count to 1,038 rigs. Eleven land-based
Eyes 15% cost savings in 2019 By Richard Rostad, analyst, Oil & Gas 360 Jagged Peak Energy (ticker: JAG) announced fourth quarter results and reserves today, showing net income of $186.3 million, or $0.87 per share. Most of this profit is due to derivatives, and if these and other special charges are excluded Jagged Peak earned $28.2 million in Q4.
From Bloomberg When prices for Canada’s heavy crude collapsed late last year, Alberta did something quite out of character. The traditionally conservative, free-market-loving province took a page out of OPEC’s handbook and ordered its largest oil producers to throttle back output by about 325,000 barrels a day, the equivalent of almost 9 percent of daily production. The move was an
From The Wall Street Journal West Texas has seen its share of oil booms, but the people there say this one is unlike any they’ve seen. Driven by shale drilling, a gusher of crude production has transformed the Permian Basin into America’s hottest oilfield, turning what was a remote stretch of towns spread among mesquite trees and scrubland into an industrial
USA Compression Partners, LP Announces 2018 K-1 Tax Package Availability and Filing of 2018 Annual Report on Form 10-K
From Reuters Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new barrels. The company said the change of tack was prompted by falling exploration costs, partly as a result of new
Dominion Energy Statement on Skiffes Creek Transmission Line Ruling
DryShips Inc. Announces Filing of 2018 Annual Report on Form 20-F
Yesterday the U.S. Department of Energy’s Office of Fossil Energy announced it would sell up to six million barrels of crude oil from the Strategic Petroleum Reserve (SPR) in a price-competitive bid sale. In FY 2019, the DOE is authorized to sell up to $300 million worth of crude oil from the SPR. DOE plans to draw down and sell
NuStar to Participate in Barclays Midstream Corporate Access Days
NGL Energy Partners LP Closes Acquisition from DCP Midstream, LP
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