Latest Barrel Stories

Company schedules conference call for March 7, 2013 at 11:30 a.m. Eastern DALLAS, March 6, 2013 /PRNewswire/ -- Alon USA Energy, Inc. (NYSE: ALJ) ("Alon") today announced results for the quarter and year ended December 31, 2012. Net income for the fourth quarter of 2012 was $22.2 million, or $0.35 per share, compared to net loss of $(12.9) million, or $(0.23) per share, for the same period last year. Excluding special items, Alon recorded net income of $36.1 million, or $0.58 per...

Company schedules conference call for March 7, 2013 at 10:00 a.m. Eastern DALLAS, March 4, 2013 /PRNewswire/ -- Alon USA Partners, LP (NYSE: ALDW) ("Alon") today announced results for the quarter and year ended December 31, 2012. Net income for the fourth quarter of 2012 was $113.2 million compared to $45.5 million for the same period last year. Net income for the year ended December 31, 2012 was $381.9 million compared to $294.4 million for the same period last year. Paul Eisman,...

LAFAYETTE, La., Feb. 25, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the fourth quarter and year-end of 2012. Some of the highlights include: Net income was $149.4 million, or $3.03 per share for the year ended December 31, 2012; Net daily production for 2012 was 42 MBoe (252 MMcfe) per day, a 15% annual increase compared to 2011; and Estimated proved reserves as of December 31, 2012 increased to 129 MMboe or 773...

TORONTO, Feb. 20, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the discovery of natural gas and condensate in the Manamo-1X exploration well drilled in the Guama Block in the Lower Magdalena basin, onshore northern Colombia. The Company has 100% working interest in the block and is the operator. Ronald Pantin, Chief Executive Officer of the Company, commented: "This is an important discovery for Pacific Rubiales, as it...

PHILADELPHIA, Feb. 18, 2013 /PRNewswire/ -- Atlas Pipeline Partners, L.P. (NYSE: APL) ("APL", "Atlas Pipeline", or the "Partnership") today reported adjusted earnings before interest, income taxes, depreciation and amortization ("Adjusted EBITDA"), of $64.1 million for the fourth quarter of 2012, driven by a continued increase in volumes across the Partnership's gathering and processing systems. Processed natural gas volumes averaged 1,002 million cubic feet per day...

CHICAGO, Feb. 11, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include McGraw-Hill Companies Inc. (NYSE:MHP), Exxon Mobil Corp. (NYSE:XOM), Chevron Corp. (NYSE:CVX), ConocoPhillips (NYSE:COP) and ONEOK, Inc. (NYSE:OKE). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)...

DALLAS, Jan. 18, 2013 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.049757 per unit, payable on February 14, 2013, to unit holders of record on January 31, 2013. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at...

TORONTO, Jan. 2, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce today that it closed the acquisition of C&C Energia Ltd. ("C&C Energia") by way of a plan of arrangement (the "Arrangement").  Pursuant to the Arrangement, a new exploration company, Platino Energy Corp. (TSXV: PZE) ("Platino") was formed. With the completion of the Arrangement, Pacific Rubiales has acquired all of the issued and outstanding...

TORONTO, Dec. 13, 2012 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) today provided an update on its 2012 operations and exploration activities. In summary, production is up sharply in the current quarter to date, the Company expects to meet its year-end exit production targets and has grown its production in 2012 despite the unexpected permit delays affecting all oil and gas producers in Colombia. Exploration activity continues with nine...

TSX, NYSE MKT: BXE CALGARY, Dec. 12, 2012 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce that average production in the month of November 2012 (based on field estimates) averaged 19,600 barrels of oil equivalent per day (boe/d) and that  it has completed its mid-year review of its 2012 credit facilities and provides an update of its recent commodity price risk management activities. Bellatrix continues to...