August 4, 2021 archive

Enable nearly doubles 2Q net income from a year ago

  Enable Midstream Partners, LP announced financial and operating results for second quarter 2021 showing increased income and a continuing quarterly cash distribution for shareholders. The Oklahoma City company said net income attributable to limited partners was $87 million for second quarter 2021, an increase of $43 million compared to $44 million of net income …

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Some Los Alamos nuclear waste too hazardous to move

  A report by a Santa Fe newspaper says Los Alamos National Laboratory has identified 45 barrels of radioactive waste so potentially explosive — due to being mixed with incompatible chemicals — that crews have been told not to move them and instead block off the area around the containers. The report by the Santa …

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Energy Transfer earnings increased in 2Q

  Energy Transfer’s new intrastate pipeline that transports crude from the Denver-Julesburg Basin in Colorado and the Cushing hub in Oklahoma to a Texas terminal is credited with helping increase the firm’s quarterly net income. The Cushing to Nederland expansion project was activated in June and uses a crude oil pipeline that previously serviced the …

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Why isn’t Chesapeake Energy’s recovery stronger?

  An examination of Chesapeake Energy and its slow recovery after emerging from bankruptcy earlier in the year points to executive departures and changes in the direction of the Oklahoma City company. Reuters reported this week that the company’s recovery is slower compared to other firms that endured the same kind of bankruptcy. “Investor confidence …

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