Tulsa’s WPX Energy plans to discuss its fourth-quarter and full-year 2019 financial and operations results during a webcast on Thursday, Feb. 27, 2020, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event …
January 15, 2020 archive
Sliding prices aren’t good for largest gas driller in US
Even with colder weather in the forecast, natural gas traders weren’t impressed this week as futures prices dropped even more in trading. And it’s not good news for the country’s largest gas driller. The February Nymex contract finished at $2.182, which was off 2 cents while March slid a penny to $2.158. Trading had been …
Halliburton expected to show loss in next quarterly report
As the oil and gas slowdown widens its grip on U.S. firms, analysts, investors and speculators wonder what Halliburton will show in its next quarterly report on Jan. 21, 2020. Some believe the company that has major operations in Oklahoma and recently let go hundreds of workers resulting in a shutdown of its El Reno …
Chesapeake shares sag again
Oklahoma City’s Chesapeake Energy struggles on Wall Street where shares closed Tuesday at 67 cents each, a drop of 1.23% from Monday’s trading. The natural gas company has seen shares drop 11.46% in the past month and 18.5% in the past year. While the Exchange’s Oils-Energy sector has seen a gain of 4.51%, Chesapeake shares …
Kansas legislators consider future of coal-fired power plants
A new report issued for the Kansas legislature says the state should adopt a system for the securitization of uneconomic assets like coal plants and do so with “caution” in an effort to lower electricity rates. An independent consultant carried out the report for legislators in Topeka who expressed concerns about soaring electricity rates in …
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