Tag: cash flow
Kinder Morgan cuts dividends, trims capex to $3.3 billion
Distributable cash flow per common share was $0.55 for Q4 2015 compared to $0.60 for Q4 2014 – Kinder Morgan update Kinder Morgan, Inc. said Thursday that its board of directors approved a quarterly cash dividend of $0.125 ($0.50 annualized) payable on Feb. 15, 2016, to shareholders of record as of the close of business on Feb. 1, 2016. […]
WPX Energy hedges more production, reduces debt
WPX says it remains engaged in discussions to sell all or a portion of its assets in Piceance Basin TULSA, Okla.- WPX Energy says it has shored up its balance sheet by selling assets and hedging about 75 per cent of its oil production. WPX Energy says it added more hedges to protect cash flows and repurchased […]
Kinder Morgan forecasting solid 2016, healthy revenue and cash flow
Kinder Morgan anticipates enough cash flow to fund all 2016 equity contribution, “significant portion” of debt requirements HOUSTON, TEXAS – Despite troubles dogging the global oil and gas industry, Kinder Morgan says it will generate enough revenue in 2016 to fund its operations, including capital expenditures. Kinder Morgan, Inc. announced Wednesday that its board of directors […]
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