Can Mammoth Energy Services continue its earnings growth?

The fourth quarter and full-year 2020 earnings reports by Oklahoma City’s Mammoth Energy Services, Inc. will be released this week. The company said the results will be made available to the public following the close of markets on Thursday, February 25, 2021. A conference call will follow at 4 p.m. Central Time on the same …

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Gov. Stitt drew support and criticism over executive order

  Oklahoma Gov. Kevin Stitt’s executive order issued last week in defiance of President Biden’s executive orders targeting oil and gas drew support from Republican legislators and criticism from Democrats. In his order, Gov. Stitt declared that Oklahoma has the right to determine how to best develop its own natural resources. As the Tahlequah Daily …

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Newspaper editors stand by oil and gas

  The rolling blackouts and the frigid weather that gripped Oklahoma last week gave pause for editors at the Enid News and Eagle to suggest…oil and gas are still reliable sources of energy. In an editorial over the weekend, the newspaper took note— ” With respect to the electrical problems faced in Oklahoma and Texas, in …

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Oklahoma regulators continue work on energy study

  Oklahoma Corporation Commissioners plan a special public meeting on Thursday to continue discussion of its inquiry into energy and public utilities issues. The meeting will be a technical conference where no vote is anticipated on “PUD 202000083: Inquiry of the Oklahoma Corporation Commission to examine issues related to energy and public utilities.” A similar …

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Halliburton declares 1Q dividend

  Investors in Halliburton Company will get a 4.5 cent dividend for the 2021 first quarter. The board of directors took the action to declare the dividend on the company’s common stock and it will be payable on March 24, 2021 to shareholders of record at the close of business March 3. The company’s annual …

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Cole says reentering Paris Climate agreement “is a backward step”

  Oklahoma Congresswoman Tom Cole says President Biden’s move last week to reenter the U.S. into the Paris Climate Agreement is not only the wrong move, but a step backward for the nation’s long-term energy security. The Republican 4th District Representative called Biden’s move a disservice to the American people. Congressman Tom Cole (OK-04) released …

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Nominee’s supporters suggest opposition is because she’s Native American

  As New Mexico U.S. Rep. Deb Haaland goes before Sen. James Lankford and others on the Senate Energy and Natural Resources Committee on Tuesday, Native American tribes are turning opposition to her nomination to be Interior Secretary into a racial and sexist issue. Several Republican Senators came out against the nomination because of what …

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Colorado didn’t escape same cold power issues

  Oklahoma had its own power issues last week in the historic cold weather. While Texas suffered the worst with at least 35 deaths in the frigid cold weather, lack of electricity and a resulting lack of water, Colorado came close to the same issues. And like Texas, Colorado had warnings about being sorely prepared …

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Everyone thinks they have the answer to the Texas power crisis

  The historic freeze that left nearly three dozen people dead in Texas raised question after question why the state was especially hit hard by the massive power failure? Who was responsible? What agency? Who failed to take action—in the past week and in the past several years? Some things are coming to light in …

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Energy news in brief

** As President Joe Biden approves a disaster declaration, Texas officials call for utilities to “winterize” infrastructure, citing a decade-old legislative report that was never implemented. ** Congress eyes reforming the process for pipeline approvals, as federal regulators rejected just six out of 1,021 proposed projects over 20 years without hearing a single landowner appeal. ** Plans for seismic surveys to help find …

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