Blueknight Energy Partners Declares Distribution

Blueknight Energy Partners announced Wednesday that its Board of Directors declared a quarterly cash distribution of .1450 cents per common unit. It is an increase of 6.2 percent over the fourth quarter 2014 distribution.
The Board also declared a dis…

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OSU Students Study Earthquakes in Africa

It seems odd at first blush why Oklahoma State University would send four geology students to Malawi in Africa to study earthquakes when Oklahoma is now home of the largest number of earthquakes in the U.S.
Nonetheless, the students spent last summer …

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U.S. Crude Prices Absorb Iran News on Tuesday

It was West Texas Intermediate crude’s turn to absorb the news that Iran will be re-joining the global oil markets soon. February contracts on the New York Mercantile Exchange lost 96 cents to settle at $28.46 a barrel. It was the first day of trading …

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Sen. Holt Calls for Better Savings in Wake of Lower Energy Prices

In light of Oklahoma struggling with lower oil and gas prices once again, Oklahoma City State Senator David Holt proposes a way to increase the way the state government saves for troubled times like these. Holt introduced Senate Joint Resolution 44 whi…

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Lower Oil Prices Fail to Hinder STACK Development Deal

Despite lower energy prices, plans are being made to further develop a stretch of the STACK play in Kingfisher County. Bayou City Energy affiliate BCE-STACK Development LLC (DrillCo) has entered into a Joint Development Agreement (JDA) with Alta Mesa H…

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ONE Gas Expects Net Income to Increase in 2016

ONE Gas Inc. issued its financial guidance for 2016 on Tuesday hinting at the type of year the company is expecting. The gas utility believes it will have a 2016 net income in the range of $127 million to $137 million, or approximately $2.40 to $2.60 p…

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Enable Midstream Partners to Report Financial Results in mid-February

Enable Midstream Partners will reveal how it weathered through 2015 with its financial results on February 17, 2016. The Oklahoma City company will release its fully year and fourth-quarter results before the market opens.
On average, Wall Street anal…

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Williams Partners Subsidiary Sells Debt to Pay Off Debt, CapEx

Williams Partners L.P wholly owned subsidiary Transcontinental Gas Pipe Line Company, or Transco, is selling $1 billion in debt to help pay off other debt and help fund capital expenditures. The offering is being made to certain institutional investors…

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Williams Partners Subsidairy Sells Debt to Pay Off Debt, CapEx

Williams Partners L.P wholly owned subsidiary Transcontinental Gas Pipe Line Company, or Transco, is selling $1 billion in debt to help pay off other debt and help fund capital expenditures. The offering is being made to certain institutional investors…

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Brent Prices Continue Slide on Monday

While the U.S. markets took a break for Martin Luther King, Jr. Day, the London markets kept trading. March Brent crude lost 13 cents on Monday to settle at $28.81 a barrel on the London ICE Futures Exchange.
News of Iranian oil sanctions being liftin…

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