Halliburton’s added two new members to its board of directors. They are Dr. M. Katherine Banks and Patricia Hemingway Hall. Their appointments were made effective last week and the two will stand for election by stockholders at the annual meeting on May 15, 2019. Dr. Banks, as the Texas A&M vice-chancellor of engineering and national …
With refineries in Tulsa and Kansas, New Mexico, Wyoming and Utah, HollyFrontier Corporation reported Wednesday net income of $1.1 billion or $6.19 per diluted share for 2018. But its Fourth Quarter 2017 earnings were much lower than a year earlier. The Dallas company said its adjusted net income was $1.14 billion or $6.44 per diluted …
Land and mineral rights owners in Oklahoma’s STACK will get an update on drilling and financial trends as the National Association of Royal Owners holds a STACK town hall on Thursday. The event will be held at the Chisholm Trail Technology Center near Omega which is located mid-way between Kingfisher and Watonga. The event …
While Oklahoma City’s Devon Energy reported Tuesday it had $1.1 billion in fourth quarter 2018 earnings, it plans to dispose of extensive assets in Canada and the Barnett Shale of North Texas. In an announcement, the company said it hopes to complete the separation of the assets by the end of 2019. The Board of …
Before his death, Erle Palmer Halliburton, the man who founded Halliburton spoke of the days when he struggled to survive in the oil and gas business. “There was no such thing as the good old days,” he said. “They were filled with back-breaking labor that aged people before their time. Thank God that American inventiveness …
The Lowell, Arkansas-based trucking firm J.B. Hunt Transport Services, Inc. has just grown larger with the firm’s acquisition of a home delivery trucking service. J.B. Hunt whose trucks run up and down I-40 and I-35 in Oklahoma finalized its acquisition of Cory 1st Choice Home Delivery. “Cory’s customer-first mentality and focus on the consumer experience …
City leaders in Durant are hoping to win a national TV show’s $500,000 makeover program. The city of Durant was named one of six finalists to be considered for an online small business makeover program according to the Oklahoma Department of Commerce. Now, the public has less than a week to vote for Durant to …
Oklahoma City-based Roan Resources, Inc. announced fourth quarter 2018 highlights and revealed an early view of its 2019 development plan. While management is optimistic, it also expects flat oil production in the first few months of the year. The announcement follows Roan’s corporate reorganization made in October 2018 and uplisting to the New York Stock …
Some Oklahomans are optimistic the federal funding bill signed into law last week by President Trump will lead to extended Amtrak passenger service in Oklahoma. The bill includes $50 million to protect rail service in Kansas. Amtrak runs from Kansas City to Newton, Dodge City and Garden City before heading into New Mexico and eventually …
King Oil. It’s what Chickasha Rep. David Perryman critically called the industry as he attacked it in a letter this week. The Democratic legislator launched his criticism especially against House Bill 2150, a mineral rights owner bill. “Unfortunately, campaign contributions from oil companies will once again influence more votes than will what is right or …
