November 5, 2014 archive

Keystone Pipeline to be a Test of the President’s Willingness to Work with New Congress

After taking control of the U.S. Senate, Republicans now say they will move quickly to approve the Keystone XL pipeline, the one already built in Oklahoma and Texas but waiting for approval from Canada to Nebraska.
During his Wednesday afternoon news …

Continue reading »

Law Firm Seeks Potential Clients to Sue SandRidge

The delay by SandRidge Energy in reporting its third quarter earnings report for 2014, one the firm says was caused by a routine Securities and Exchange Commission review has prompted a Los Angeles law firm to announce it is investigating potential cla…

Continue reading »

Chesapeake Energy Leaders Call Quarterly Earnings ‘Outstanding’

Chesapeake Energy reports third-quarter net income of $169 million with adjusted earnings of $82 million for shareholders. The Oklahoma City-based energy firm said the adjusted net income for the quarter totaled $251 million or $0.38 per fully diluted…

Continue reading »

Devon Credited with Leading the Way in the Barnett Shale

A new report by two researchers from Northeastern University and the Chinese University of Petroleum credits not mom and pop companies in driving the U.S. shale gas revolution but the big energy firms, especially Oklahoma City-based Devon Energy.
Writ…

Continue reading »

Chesapeeake Energy Leaders Call Quarterly Earnings ‘Outstanding’

Chesapeake Energy reports third-quarter net income of $169 million with adjusted earnings of $82 million for shareholders. The Oklahoma City-based energy firm said the adjusted net income for the quarter totaled $251 million or $0.38 per fully diluted…

Continue reading »

$1 billion in Earnings for Devon Energy

A whopping $1 billion in net earnings for the third quarter of 2014 has been reported by Devon Energy Corporation based in Oklahoma City. It compares to third-quarter 2013 net earnings of $429 million. The most recent earnings mean a common sha…

Continue reading »

$1 billion in Earnings for Devon Energy

A whopping $1 billion in net earnings for the third quarter of 2014 has been reported by Devon Energy Corporation based in Oklahoma City. It compares to third-quarter 2013 net earnings of $429 million. The most recent earnings mean a common share of …

Continue reading »

Victorious Politicians Credit Energy

Energy wasn’t a key issue in any of the statewide races in Oklahoma but it certainly was referenced by some of the celebrating politicians Tuesday night. U.S. Senator Jim Inhofe and Lieutenant Governor Todd Lamb both spoke of it as they celebrated the…

Continue reading »

Oklahoma Gas Prices Drop Back Below $3

Oklahoma’s average gasoline price has dropped below $3 a gallon, reversing course from what occurred a week ago, according to AAA Oklahoma. Tuesday was the sixth consecutive day that Oklahoma’s average price at the pump had fallen according to spokesm…

Continue reading »

Denton Voters Make it Official—Fracking is Banned

The north Texas city of Denton has become the first in the Lone Star State to ban any more permitting of hydraulic fracturing, as voters on Tuesday sided overwhelmingly against Oklahoma City-based Devon Energy and other major oil companies that f…

Continue reading »