$CPE (Callon Petroleum Company)

$CPE {{ '2016-09-07T06:24:20+0000' | timeago}} • Announcement

$CPE said the acquisition includes about 5,667 net acres mainly located in Howard County, Texas and 112 net identified horizontal drilling locations targeting the Wolfcamp A, Lower Spraberry and Wolfcamp B zones. Upon closing, company will assume operatorship of over 90% of the acquired acreage and own an estimated 82% average working interest.

$SLB {{ '2018-01-19T19:26:25+0000' | timeago}} • Webcast

$SLB plans to tackle this year's activity growth without raising CapEx, as it has started  to benefit from increased asset utilization. With the counter-cyclical business development program being completed, Schlumberger will now shift focus to project execution. It has also been decided to maintain dividends at the current level for another year.

$SLB {{ '2018-01-19T19:15:55+0000' | timeago}} • Webcast

$SLB has initiated reactivation of equipment to tap the growth potential outside the US. The process will result in an increase in short-term costs, which the company expects to absorb in 1Q18. Schlumberger expects the decline in EPS in 1Q18 to be 2-3% more than the normal seasonal dip, due to the large size of its business in Russia and North Sea.

$SLB {{ '2018-01-19T18:34:33+0000' | timeago}} • Webcast

$SLB said a reduction in tax rate, pursuant to the tax reform, will offset the effect of an estimated 2-3% rise in its effective tax rate this year, due to higher profitability in N. America. The company attributed the $3Bil pre-tax charge incurred in 4Q17 to its exit from the seismic acquisition business and write-down of investments in Venezuela.

$SLB {{ '2018-01-19T15:58:24+0000' | timeago}} • Announcement

$SLB’s 4Q17 revenue growth was driven mainly by a 40% upturn in the Production Group. The Cameron Group registered a 5% growth to $1.41Bil, and Drilling Group revenues advanced 8% to $2.2Bil. Meanwhile, Reservoir and Characterization Group saw revenues falling 2% to $1.64Bil. Region-wise, North America continued to top the list with a 59% growth.

$SLB {{ '2018-01-19T15:47:31+0000' | timeago}} • Announcement

Oilfield technology firm $SLB incurred a huge charge in 4Q17 related to restructuring of its operations in crisis-stricken Venezuela, resulting in a sharply wider loss. Excluding the charge, Schlumberger posted a 78% growth in earnings to $0.48 per share, which exceeded expectations. The upturn was supported by a 15% rise in revenues to $8.2Bil.

$SLB {{ '2018-01-19T13:33:35+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphic: Q4 2017 Highlights

$GE {{ '2018-01-17T20:56:28+0000' | timeago}} • Announcement

$GE Transportation signed two contracts, valued at over $900MM, with Kazakhstan's state-run railroad Kazakhstan Temir Zholy, as part of its long-term commitment to develop the country's railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement.

$PARR {{ '2018-01-10T14:09:47+0000' | timeago}} • Announcement

$PARR said a wholly-owned subsidiary of Par Petroleum LLC has agreed to acquire 33 Cenex Zip Trip convenience stores from CHS Inc. for approx. $70MM plus the agreed value of inventory at closing. $PARR expects adjusted EBITDA from the acquired stores to be about $7-7.5MM in the first full year of operations.  The deal is expected to close in 1Q18.

$COG {{ '2018-01-04T11:41:52+0000' | timeago}} • Announcement

$COG BoD declared a 20% increase in its regular quarterly dividend to$0.06 per share on the Company's common stock. The dividend will be paid on February 7, 2018 to all shareholders of record on January 24, 2018.

$CNI {{ '2017-12-22T19:58:54+0000' | timeago}} • Announcement

Railroad company $CNI has decided to purchase 200 new locomotives from $GE over the next three years. Production of the locomotives will commence next year at the GE facility in Texas, and the units are expected to be delivered in 2018, 2019 and 2020. The order includes Tier-4 and Tier -3 Evolution Series locomotives.

$HES {{ '2017-12-22T14:44:55+0000' | timeago}} • Announcement

$HES has completed the sale of its subsidiary Hess Norge, which owns interests in the Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2Bil, effective January 1, 2017.

$WPX {{ '2017-12-21T20:19:34+0000' | timeago}} • Announcement

$WPX closed the divestiture of its legacy natural gas position in the San Juan Basin for $169MM. This includes WPX’s operated and non-operated gas properties in the basin. This does not include WPX’s oil operations in the basin’s Gallup play. $WPX expects to finish 2017 with about $200MM cash on-hand and no borrowings against its credit revolver.

$COG {{ '2017-12-21T15:43:37+0000' | timeago}} • Announcement

$COG agreed to sell its operated and non-operated Eagle Ford Shale assets to an affiliate of Venado Oil & Gas LLC for $765MM. This transaction is expected to close during 1Q18. Separately, the company announced the sale of its remaining East Texas assets to an undisclosed buyer that is expected to close on or before July 1, 2018.

$GE {{ '2017-12-18T14:51:55+0000' | timeago}} • Announcement

Airborne Wireless Network (ABWN) entered into a Support Agreement on Dec. 14, 2017 with GE Aviation, one of $GE Business Units. ABWN anticipates that this relationship should significantly accelerate the development of ABWN's proprietary Hybrid Radio and Free-Optics Communications System to be demonstrated CY18.

$EOG {{ '2017-12-14T15:57:15+0000' | timeago}} • Announcement

$EOG promoted Lloyd Helms Jr. to COO and Ezra Yacob to EVP, Exploration and Production, effective Dec. 13, 2017.  Ezra will be responsible for $EOG's Midland, San Antonio and Artesia operating areas. Gary Thomas, most recently President and COO, will continue serving as President of $EOG.

$EOG {{ '2017-12-13T22:31:51+0000' | timeago}} • Announcement

$EOG has declared a dividend of $0.1675 per share on its common stock, payable January 31, 2018, to stockholders of record as of January 17, 2018. The indicated annual rate is $0.67.

$CPE {{ '2017-12-08T11:57:07+0000' | timeago}} • Announcement

James "Jim" Ulm, II has been named SVP and CFO of $CPE, with an anticipated effective date of Dec 11, 2017. He was most recently, the managing partner of New Vista Energy Partners, a private E&P company.

$CPE {{ '2017-12-08T11:29:39+0000' | timeago}} • Announcement

$CPE said that James Ulm, II has been named SVP and CFO of the company with an anticipated effective date of Dec. 11, 2017. As of the effective date of Ulm's appointment, Correne Loeffler, currently interim CFO, will retain her role as $CPE's Treasurer.

$GE {{ '2017-12-07T15:43:43+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. This aligns with $GE's effort to lower overall structural costs by $3.5Bil in 2017 and 2018. The plans announced are driven by challenges in the power market worldwide.

$GE {{ '2017-12-07T15:40:27+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. The headcount reductions, combined with actions taken previously in 2017, will position GE Power to reach its announced target of $1Bil in structural cost reductions in 2018.

Recent Transcripts

SLB (Schlumberger Limited)
Friday, January 19 2018 - 1:30pm
REI (Ring Energy, Inc.)
Thursday, November 9 2017 - 5:00pm
EPM (Evolution Petroleum Corp.)
Thursday, November 9 2017 - 4:00pm
MCF (Contango Oil & Gas Company)
Wednesday, November 8 2017 - 3:30pm
PARR (Par Pacific Holdings, Inc.)
Tuesday, November 7 2017 - 3:00pm
CPE (Callon Petroleum Company)
Tuesday, November 7 2017 - 2:00pm
ESTE (Earthstone Energy, Inc.)
Monday, November 6 2017 - 4:00pm
GTE (Gran Tierra Energy, Inc.)
Friday, November 3 2017 - 3:00pm
SN (Sanchez Energy Corporation)
Friday, November 3 2017 - 3:00pm
EOG (EOG Resources, Inc.)
Friday, November 3 2017 - 2:00pm
WTI (W&T Offshore Inc.)
Thursday, November 2 2017 - 2:00pm
WPX (WPX Energy, Inc.)
Thursday, November 2 2017 - 2:00pm
DVN (Devon Energy Corporation)
Wednesday, November 1 2017 - 3:00pm
CXO (Concho Resources, Inc.)
Wednesday, November 1 2017 - 1:00pm
WFT (Weatherford International plc)
Wednesday, November 1 2017 - 12:30pm
ARLP (Alliance Resource Partners LP)
Monday, October 30 2017 - 2:00pm
COG (Cabot Oil & Gas Corporation)
Friday, October 27 2017 - 1:30pm
WLL (Whiting Petroleum Corp.)
Thursday, October 26 2017 - 3:00pm
BTU (Peabody Energy Corporation)
Wednesday, October 25 2017 - 3:00pm
HES (Hess Corporation)
Wednesday, October 25 2017 - 2:00pm

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