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

30 mins 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

Global shares slip from four-month high, Swedish crown slumps

60 mins ago DieselGasoil Comments Off on Global shares slip from four-month high, Swedish crown slumps
LONDON (Reuters) – European and Asian shares hovered near four-month highs on Tuesday as investors took heart from some progress in Sino-U.S. trade talks, while the yen dribbled lower as Japan’s central bank said it could ease policy again. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

BW Offshore: Fourth quarter and full year results 2018

4 hours ago DieselGasoil Comments Off on BW Offshore: Fourth quarter and full year results 2018
EBITDA for the quarter was USD 148.9 million and EBITDA for the full year was USD 489.2 million Q4 net production from Tortue was close to 1 million bbls First lifting from Tortue completed December 2018 – 550 thousand bbls gross NSAI confirmed remaining Tortue P2 gross reserves – 35.1 million bbls of oil Extensions Read More

Equinor ASA: Ex dividend

4 hours ago DieselGasoil Comments Off on Equinor ASA: Ex dividend
From 19 February 2019, the shares and American Depository Receipts (ADRs) in Equinor (OSE:EQNR , NYSE: EQNR) will be traded ex dividend USD 0.23. Record date is 20 February 2019. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Read More

Asian shares hover near four-month high, buoyed by trade optimism

11 hours ago DieselGasoil Comments Off on Asian shares hover near four-month high, buoyed by trade optimism
TOKYO (Reuters) – Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo, Japan December 27, 2018. REUTERS/Kim Kyung-Hoon While Read More

Quadriga: The cryptocurrency exchange that lost $135m

14 hours ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

Apergy Reports Fourth Quarter and Full Year 2018 Results

14 hours ago DieselGasoil Comments Off on Apergy Reports Fourth Quarter and Full Year 2018 Results
Revenue of $311 million in Q4-18, up 17% year-over-year Net income of $23 million and adjusted net income of $28 million in Q4-18 Diluted EPS of $0.29 and adjusted diluted EPS of $0.36 in Q4-18 Adjusted EBITDA of $78 million in Q4-18, up 37% year-over-year with adjusted EBITDA margins improving 370 basis points to 25% Read More

Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results

14 hours ago DieselGasoil Comments Off on Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results
HOUSTON, Feb. 18, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the fourth quarter of 2018 of $750.2 million, or $4.85 per share, on revenue of $539.3 million.  This compares to a net loss from continuing operations of $21.8 million, or $0.14 per share, Read More

Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results

14 hours ago DieselGasoil Comments Off on Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results
Total contract drilling revenues were $748 million, compared with $816 million in the third quarter of 2018; Revenue efficiency(1) was 96%, compared with 95% in the prior quarter; Operating and maintenance expense was $497 million, compared with $447 million in the prior period; Net loss attributable to controlling interest was $242 million, $0.48 per diluted share, compared with net loss attributable to Read More