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Halliburton breaks ground on first oilfield specialty chemical manufacturing reaction facility in Saudi Arabia

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2/20/2019 HOUSTON — Halliburton Company is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to Read More

Targa Resources Corp. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides 2019 Operational and Financial Guidance

1 day ago DieselGasoil Comments Off on Targa Resources Corp. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides 2019 Operational and Financial Guidance
HOUSTON, Feb. 20, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported fourth quarter and full year 2018 results. Fourth Quarter and Full Year 2018 Financial Results Fourth quarter 2018 net income (loss) attributable to Targa Resources Corp. was ($106.4) million compared to $283.1 million for the fourth quarter Read More

Archrock Reports Fourth Quarter and Full Year 2018 Results and Provides 2019 Guidance

2 days ago DieselGasoil Comments Off on Archrock Reports Fourth Quarter and Full Year 2018 Results and Provides 2019 Guidance
HOUSTON, Feb. 19, 2019 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today reported results for the fourth quarter and full year 2018 and provided 2019 financial guidance. Fourth Quarter and Full Year 2018 Results Net income for the fourth quarter of 2018 was $13.0 million compared to net income of $49.1 million in Read More

Delek Logistics Partners, LP Reports Fourth Quarter and Full Year 2018 Results

2 days ago DieselGasoil Comments Off on Delek Logistics Partners, LP Reports Fourth Quarter and Full Year 2018 Results
Declared fourth quarter distribution of $0.81 per limited partner unit; increased by 11.7% percent year-over-year Annual net cash from operations was $148.0 million Annual distributable cash flow up 43% year over year compared to 2017 Distributable cash flow coverage ratio of 1.19x for 2018 Balance sheet positioned to support future growth; Total leverage ratio of Read More

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results

2 days ago DieselGasoil Comments Off on Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results
MIDLAND, Texas, Feb. 19, 2019 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2018. 2018 HIGHLIGHTS Full year 2018 net income of $846 million, or $8.06 per diluted share; adjusted net income (as defined and reconciled Read More

Noble Energy announces 2018 results, provides 2019 guidance

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2/19/2019 Photo: Noble Energy Chairman and CEO Dave Stover. HOUSTON — Noble Energy, Inc. has announced fourth quarter and full-year 2018 financial and operating results. In addition, the company will be focused on delivering sustainable organic free cash flow in 2020 and beyond. Fourth quarter highlights  Organic capital expenditures funded by Noble Energy totaled $643 Read More

SJI Declares Quarterly Dividend

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Folsom, Feb. 19, 2019 (GLOBE NEWSWIRE) —                                                                                                 Media Contact:  Marissa Travaline(609) 561-9000 ext. 4227mtravaline@sjindustries.com                                                                                                           Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.com FOR IMMEDIATE RELEASE SJI Declares Quarterly Dividend FOLSOM, NJ, February 19, 2018 – SJI’s (NYSE: SJI) board of directors declared its regular dividend of $0.28750 per share for the first Read More

Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion

2 days ago DieselGasoil Comments Off on Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion
HOUSTON, Feb. 19, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has entered into definitive agreements to sell a 45 percent interest in Targa Badlands LLC (“Badlands”), the entity that holds all of Targa’s assets in North Dakota, to funds managed by GSO Capital Partners and Read More

EQM expects to complete WV-VA Mountain Valley natgas pipe fourth-quarter 2019

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(Reuters) – EQM Midstream Partners LP said on Thursday it expects to complete the $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia in the fourth quarter of 2019 despite remaining legal challenges against the project. The company said in its fourth quarter earnings release that Mountain Valley was about 70 percent Read More

SJI to Host Fiscal 2018 Year-End Earnings Conference Call

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Folsom, NJ, Feb. 14, 2019 (GLOBE NEWSWIRE) —                                                                                                 Media Contact: Marissa Travaline(609) 561-9000 ext. 4227mtravaline@sjindustries.com                                                                                                           Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.com FOR IMMEDIATE RELEASE SJI to Host Fiscal 2018 Year-End Earnings Conference Call FOLSOM, NJ, February 14, 2019 – SJI (NYSE: SJI) President and Chief Executive Officer, Michael J. Renna, along Read More