Prologis increases quarterly dividend to $0.42/share from $0.40/share

• Div/yield 0.42 / 4.35

ConocoPhillips announced a dividend decrease by two-thirds to 25 cents a share

• ConocoPhillips announced a dividend decrease by two-thirds to 25 cents a share from 74 cents a share. This frees up an incremental $2.4 billion in cash. 
• The decision to reduce the dividend and make further reductions in operating expenditures (opex) and capital expenditures (capex) as unavoidable with oil prices near $30 a barrel.

Additionally, ConocoPhillips announced a further 2016 capex reduction by $1.3 billion to $6.4 billion. Finally, incremental opex reductions of $700 million will also support cash flow. In total, the three reductions represent an incremental $4.4 billion in potential cash-flow improvements versus prior guidance.

 In spite of planned capex reduction and Lower 48 States declines of about 10%, ConocoPhillips expects year-over-year production will remain flat in 2016. Incremental production from development programs (Alaska, China, Europe, Lower 48) and major project start- and ramp-ups are expected to offset base declines of 8%. These projects include the ramp-up of Australia Pacific Liquid Natural Gas Project, startup of Kebabangan [offshore Malaysia] and the continued ramp-up of Surmont 2 [Canada] and Foster Creek, Christina Lake and Narrows Lake [Canada].

Magellan Midstream (MMP) increases quarterly dividend to $0.785/unit

Magellan Midstream increases quarterly dividend to $0.785/unit from $0.7625/unit last quarter

• Div/yield 0.785 / 4.90

Noble Energy (NBL) decreases quarterly dividend to $0.10/share

Noble Energy reduces dividend to $0.10/share; down from $0.18/share 

• Noble Energy is starting 2016 with a capital program of approximately $1.5 bln, which is about 50% lower than 2015 (pro-forma for the Rosetta Resources Inc. merger). This investment level is expected to deliver 2016 annual sales volumes of approximately 390 thousand barrels of oil equivalent per day, consistent with full-year 2015 pro-forma amount

Hanesbrands (HBI) increases quarterly dividend to $0.80

Hanesbrands increases quarterly dividend to $0.11/share from $0.10/share

• Div/yield 0.11/1.32

Summit Midstream Partners (SMLP) declares Q4 distribution of $0.575

Summit Midstream Partners declares Q4 distribution of $0.575 per unit, flat with Q3 distribution.

• The distribution will be paid on Feb 12, 2016 to unitholders of record as of the close of business on Feb 5.
• Div/yield 0.57 / 16.14

Western Gas Partners (WES) increases quarterly dividend to $0.80

Western Gas Partners increases quarterly distribution to $0.80/share from $0.77/share

• Div/yield 0.80 / 10.11