NGL

Expansa Completes Construction and Commissioning of a New Resin Regeneration Facility

Retrieved on: 
Wednesday, March 27, 2024
UF, CPI, Regeneration, DI, Water, Filtration, Food processing, NF, MMF, NGL, HPI, Portable, Municipality, Silviculture

HOUSTON, March 27, 2024 /PRNewswire/ -- Expansa, a privately held U.S. based industrial and municipal water treatment solutions provider, has completed construction and commissioning of its Resin Regeneration Plant adding much needed capacity to the "service deionization" market.

Key Points: 
  • HOUSTON, March 27, 2024 /PRNewswire/ -- Expansa, a privately held U.S. based industrial and municipal water treatment solutions provider, has completed construction and commissioning of its Resin Regeneration Plant adding much needed capacity to the "service deionization" market.
  • Key Elements of the Facility Include:
    Phase 1 of the project adds up to 288,000 cubic feet of resin regeneration capacity per year.
  • The Operations Team has completed the initial commissioning phase and will be ramping up production over the coming months.
  • "The opening of our resin regeneration plant marks a pivotal moment in our journey towards serving our customers' growing water purification needs.

W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024

Retrieved on: 
Tuesday, March 5, 2024
Acquisition, Production, Senior, Depreciation, Holy Grail, Balance sheet, Joint venture, ARO, Free cash flow, Natural gas, Cost, Term loan, Debt, British thermal unit, Capital expenditure, Table, Transport, NGL, TTM, Atlas, GAAP, Comparable, Bankruptcy, GOM, LOE, Policy, Tax, Public expenditure, Investment, Hand, G&A, Oil

Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024.

Key Points: 
  • Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024.
  • We remain committed to enhancing shareholder value and returning value to our shareholders through the quarterly dividend announced in November 2023.
  • The W&T year-end 2023 proved reserves do not include the 18.7 MMBoe of proved reserves acquired in early January 2024 for $72 million.
  • W&T’s reserve life ratio at year-end 2023, based on year-end 2023 proved reserves and 2023 production, was 9.7 years.

Range Declares Quarterly Dividend

Retrieved on: 
Friday, March 1, 2024
Natural gas, RRC, NGL

FORT WORTH, Texas, March 01, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter.

Key Points: 
  • FORT WORTH, Texas, March 01, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter.
  • A dividend of $0.08 per common share is payable on March 29, 2024 to stockholders of record at the close of business on March 15, 2024.
  • RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin.
  • More information about Range can be found at www.rangeresources.com .

Freehold Royalties Announces Fourth Quarter and Full Year 2023 Results, Reserves and Guidance for 2024

Retrieved on: 
Wednesday, February 28, 2024
Permian, Acquisition, Growth, NGL, Eagle Ford, Dallas, WTI, Oil

Oil and NGL production grew by 3% versus the previous quarter and 6% when compared to the same period in 2022.

Key Points: 
  • Oil and NGL production grew by 3% versus the previous quarter and 6% when compared to the same period in 2022.
  • Cash costs(1) for the quarter totalled $4.73/boe, down 7% versus the previous quarter and 9% from the same period in 2022.
  • Freehold experienced a record leasing year in 2023 with 122 agreements signed during the period, a 53% increase from 2022.
  • In total, Freehold estimates approximately $7.7 billion in gross third-party capital was spent on its royalty lands in 2023 up from $6.3 billion in 2022.

Letter to Stockholders Issued by Diamondback Energy, Inc.

Retrieved on: 
Tuesday, February 20, 2024
Permian, Acquisition, Free cash flow, OPEC, Growth, CFPS, NGL, Sale, West Texas Intermediate, Viperidae, Letter, FCF, IPO, Firebird, Deep Blue, DD, WTI, LOE, Security (finance), EPS, Endeavour, G&A, MBO, GRP, Oil

Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.

Key Points: 
  • Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
  • The fourth quarter of 2023 rounded out a great year for Diamondback Energy and our stockholders.
  • Diamondback is focused on per share growth, and we have now grown oil production per share 14x since our 2012 IPO.
  • Therefore, Diamondback is positioned to maintain our production, grow Free Cash Flow and return that Free Cash Flow to our stockholders.

Enterprise Begins Initial Service on TW Products System

Retrieved on: 
Thursday, March 7, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Multimedia, Natural gas, Gasoline, Transport, NGL, Atlas, Enterprise Products, EPD, Security (finance), Chaparral, JAL, Risk, Partner, Petroleum

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20240307497958/en/
    Enterprise's Hobbs TW Products terminal is located in Gaines County, Texas.
  • (Photo: Business Wire)
    “Once completed, the TW Products System will provide supply reliability and diversity to the historically underserved gasoline and diesel markets in the southwest United States,” said A.J.
  • Utilizing a batched delivery system will give the company the ability to continue transporting mixed NGLs and NGL purity products in addition to gasoline and diesel.

Enterprise to Participate in Investor Conferences

Retrieved on: 
Monday, March 4, 2024
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Natural gas, Transport, NGL, Atlas, Conference, Enterprise Products, EPD, Partner, Petroleum

The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.

Key Points: 
  • The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
  • Please visit www.enterpriseproducts.com for more information.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240304414255/en/

NGL Energy Partners LP Announces Status of Investor Tax Packages

Retrieved on: 
Monday, March 4, 2024
Congressional News, Views, White House, Federal Government, Public Policy, Government, Other Energy, Oil, Gas, Energy, Congress, House, Second Continental Congress, Representative, NGL, Tax, Senate, Legislation

NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today provided an update on the expected availability of the partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders.

Key Points: 
  • NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today provided an update on the expected availability of the partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders.
  • Historically, NGL’s Investor Tax Packages have been available by early March for the preceding tax year; however, the timing of the availability of NGL’s 2023 Investor Tax Packages is dependent upon actions of the U.S. Congress and the Biden administration with regard to the passage, or not, of the Tax Relief for American Families and Workers Act of 2024, (referred to as “H.R.
  • This legislation includes changes in tax law which would be applied retroactively to the 2023 tax year.
  • 7024, NGL will provide an update on the availability of the 2023 Investor Tax Packages.

Enterprise Products Partners L.P. 2023 Letter to Investors Now Available

Retrieved on: 
Friday, March 1, 2024
Oil, Gas, Energy, Natural gas, Transport, Letter, NGL, Enterprise Products, EPD, Partner, Atlas

Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has published the partnership’s 2023 Letter to Investors.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has published the partnership’s 2023 Letter to Investors.
  • The letter is available on the Enterprise website at www.enterpriseproducts.com .
  • Hard copies of the letter may be requested free of charge at https://ir.enterpriseproducts.com/notifications-requests .
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.

Enterprise Products Partners L.P. 2023 Form 10-K Now Available

Retrieved on: 
Wednesday, February 28, 2024
Oil, Gas, Coal, Energy, Nuclear, Other Energy, Natural gas, Security (finance), Transport, NGL, Enterprise Products, EPD, Annual report, Atlas, Partner

Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has filed the partnership’s Annual Report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has filed the partnership’s Annual Report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission.
  • The report is available on the Enterprise website at www.enterpriseproducts.com .
  • Hard copies of the report may be requested free of charge at https://ir.enterpriseproducts.com/notifications-requests .
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.