Integrated Oil / Gas
QEP Resources Inc Raises Low End Of Prior FY 2013 EBITDA Guidance To A Range In Line With Analysts' Estimates
QEP Resources Inc revised its fiscal 2013 guidance and expects adjusted EBITDA to be in the range of $1.600-$1.675 billion. Earlier the Company forecasted adjusted EBITDA in the range of $1.575-$1.650 billion. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report...
Marathon Oil Corp Announces Increase in Quarterly Dividend
Marathon Oil Corp announced that Board Of Directors has approved a 12 % increase in the quarterly dividend payable on Marathon Oil Corporation common stock, resulting in a new quarterly dividend rate of 19 cents per share. The dividend is payable on Sept. 10, 2013, to stockholders of record on Aug....
Gazprom OAO Plans to Sell Non-Core Assets, Including Gazprom avtomatizatsiya OAO and Spetsgazavtotrans OAO Gazprom DOAO-Interfax
Interfax reported that Gazprom OAO (Gazprom) has come up with a three-year program (H2 2013 to H1 2016) to dispose of non-core assets with a total balance sheet (residual) value of RUB 9 billion, the Company said in a statement. The Company puts up for sale a group of ten drilling rigs located at...
FAS Allows TNK-BP Holding OAO to Acquire 100% in CJSC Geotransgaz and 100% of Urengoi Gas Company LLC from AK Alrosa OAO-Interfax
Interfax reported that Russia's Federal Anti-monopoly Service (FAS) has given Rosneft's TNK-BP Holding OAO the go-ahead to acquire 100% of the stock in CJSC Geotransgaz and 100% of Urengoi Gas Company LLC from AK Alrosa OAO, a FAS statement says.
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