Energy News

SM Energy Company (SM) announces its financial results for the third quarter of 2014 and provides an operations update. In addition, a new presentation concerning the Company’s third quarter earnings and operations update will be posted on the Company’s website at www.sm-energy.com. This presentation will be referenced during the conference call scheduled for 8:00 a.m. Mountain Time (10:00 a.m. Eastern

Newfield Exploration Company (NFX) today reported its unaudited third quarter 2014 financial results and provided an update on its operations. Recent operational highlights are detailed in the Company’s @NFX publication, located on its website. Newfield will host a conference call at 10 a.m. CDT, October 29, 2014. To listen to the call, visit Newfield’s website at http://www.newfield.com. To participate in

Anadarko Petroleum Corporation (NYSE: APC) today announced third-quarter 2014 net income attributable to common stockholders of $1.087 billion, or $2.12 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total, these items increased net income by approximately $487 million, or $0.96 per share (diluted), on an after-tax basis.(1) Cash flow from operating

Western Gas Partners, LP (NYSE: WES) (“WES” or the “Partnership”) today announced that it has agreed to acquire Nuevo Midstream, LLC (“Nuevo”), a leading Delaware Basin gas gatherer and processor, for $1.5 billion. The Partnership expects the acquisition will close in the fourth quarter of 2014, subject to regulatory approval and customary closing conditions. “We are excited to acquire the

Noble Energy, Inc. (NYSE:NBL) announced today third quarter 2014 net income of $419 million, or $1.12 per diluted share.  Excluding the impact of certain items, which would typically not be considered by analysts in published earnings estimates, third quarter 2014 adjusted income(1) was $110 million, or $0.28 per diluted share.  Discretionary cash flow(1)  was $811 million and net cash provided

BP today reported its financial results for the third quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating cash flow for the first nine months of 2014 was $25.5 billion.

REUTERS – Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, adding pressure on Monday to crude futures that have already tanked near 25 percent over the past five months. The U.S. investment bank said rising production will outstrip demand, joining other oil analysts who predict consumption will be dented by

ONEOK Partners, L.P. (OKS) today announced it has agreed to acquire natural gas liquids (NGL) pipelines and related assets from affiliates of Chevron Corporation for approximately $800 million, subject to customary post-closing adjustments. The transaction includes an 80 percent interest in the West Texas LPG Pipeline Limited Partnership (West Texas LPG) and 100 percent interest in the Mesquite Pipeline (Mesquite),

Southwestern Energy Company (SWN) today announced its financial and operating results for the quarter and nine months ended September 30, 2014. Third quarter highlights include: Record gas and oil production of 196 Bcfe, up 14% compared to year-ago levels, including 47% growth in Marcellus Shale production and our highest production ever in the Fayetteville Shale; Adjusted net income of $178

Continental Resources, Inc. (“Continental” or the “Company”) (CLR) today announced continued success in its recently unveiled Springer play in the South Central Oklahoma Oil Province (SCOOP). “Four new wells further confirm the repeatability and growth potential of Continental’s new discovery, the Springer play in SCOOP,” said Harold G. Hamm, Chairman and Chief Executive Officer. “These individual delineation wells in the

Sanchez Energy Corporation (SN) (“Sanchez Energy” or the “Company”) today provided an update on its third quarter 2014 production and operations. Highlights For Third Quarter 2014 Operations Estimated third quarter 2014 production of approximately 3,552 MBOE (38,613 BOE/D), an increase of 91% over the second quarter 2014 and an increase of 228% compared to the same period a year ago,