Oklahoma City-based Chesapeake Energy reported a drop in third-quarter earnings on Thursday. The net loss to shareholders was $41 million or 5 cents per share from $1.2 billion or $1.62 cents a share a year earlier. Its bottom line rose to $106 million or $0.12 a share, higher than $73 million or $0.09 a share …
Jobless rates in September improved across Oklahoma, slipping in 71 of the state’s 77 counties according to the latest employment report from the Oklahoma Employment Security Commission. But oil and gas employment fell in the state’s two major cities. Rates rose in five counties and were unchanged in one county compared to one year ago. …
Oklahoma City-based SandRidge Energy Corporation reported a net loss of $8 million, or $0.25 per share, and net cash provided by operating activities of $44 million for the third quarter of 2017, according to a company press release issued Wednesday. When adjusting reported amounts for items that are typically excluded by the investment community on the basis that such …
Oil futures slid on Wednesday as concerns rose that domestic crude producers will increase output as settlement prices soar, according to Bloomberg MarketWatch. December West Texas Intermediate crude shed 8 cents, or less than 0.2%, to settle at $54.30 a barrel on the New York Mercantile Exchange. It climbed to as high as $55.22 in early …
