November 1, 2021 archive

Completion reports for November 1, 2021

completions: none were processed today

Permits to drill for November 1, 2021

permits: none were processed today

ONEGas reports growing 2021 net income

    ONEGas Inc. reported improved net income for all of 2021 so far but also a slight drop in third quarter 2021 net income compared to a year earlier. The Tulsa-based company announced Monday its net income was $20.3 million or 38 cents per diluted share compared to $21.1 million and 39 cents a …

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Chesapeake Energy Corporation completes acquisition Of Vine Energy Inc.

  Chesapeake Energy Corporation announced it has completed its previously announced acquisition of Vine Energy Inc. The transaction was approved by Vine stockholders at a special meeting held on November 1, 2021. Vine stockholders will receive fixed consideration of 0.2486 of a share of Chesapeake common stock plus $1.20 cash for each share of Vine common stock issued …

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Big 3Q earnings report for Williams Cos.

  Leadership at Tulsa’s Williams Cos. called the third quarter earnings “exceptional” as the company saw a 12% increase in adjusted earnings. Williams saw net income of $164 million or 13 cents a diluted share while its adjusted EBITDA was $1.420 billion, up $153 million from the third quarter 2020. “We achieved exceptional results in …

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Crude oil prices and OK energy stocks make more gains

  Crude oil prices continued their march upward in Monday’s trading and settled at more than $84 a barrel in the US and nearly $85 in Europe. Oklahoma energy stocks enjoyed the ride too. West Texas Intermediate crude for December delivery rose 48 cents or 0.57% to finish at $84.05 a barrel in trading on …

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Climate Corps a slush fund for environmentalists?

  A Civilian Climate Corps. Sounds like a harmless idea at first, one based on FDR’s Civilian Conservation Corps of the 1930s but Wyoming Sen. John Barrasso thinks it’s a wolf hidden in sheep’s clothing. It’s what he suggested in a recent op-ed piece for Fox News. By: U.S. Senator John Barrasso Fox News In …

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Lankford warns some energy steps could come back to haunt us

  Is the US headed for even higher energy prices because of its green movement?  Oklahoma U.S. Sen. James Lankford thinks so and he warns that what is happening in Europe with higher energy prices and frequent blackouts is the “ghost of Christmas future” for us. Taking a cue from Charles Dickens’ 1843 novella A …

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Enviros urge Evergy to close 2 more coal plants

  Kansas City utility Evergy could save ratepayers money by retiring two more coal plants within the next decade and replacing them with a mix of solar, wind, storage, and efficiency, according to a new Sierra Club report. (Kansas Reflector) Click here for Kansas Reflector

Louisiana coal operation closing

Southwestern Electric Power Company will close a 650 MW coal-fired power plant in Louisiana by the end of the year as part of a settlement with Arkansas regulators and the Sierra Club, contributing to a total of 6,100 MW in coal plants that will be retired or converted in 2021. Click here for The Baton Rouge Advocate