October 6, 2019 archive

3 Chesapeake Energy directors acquire more shares

Filings with the Securities and Exchange Commission show three directors of Chesapeake Energy recently acquired thousands in shares in the company. Directors Leslie Starr Keating and Thomas L. Ryan each acquired 18,797 at a value of $1.33 each making for an acquisition of $25,000 in company stock. The acquisition leaves Keating with 267,896 shares and …

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Oil patch revenue drop hits state treasury in Oklahoma

The slowdown in Oklahoma’s oil patch has started to affect the monthly receipts to the State Treasury.  Treasurer Randy McDaniel announced the September Gross receipts were up less than one percent and he said it was driven by a downturn in oil and gas tax collections as well as a drop in sales tax revenues. …

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Phillips 66 to repurchase $3 billion in company stock

Phillips 66 announced that the board of directors has approved a new share repurchase program that authorizes the company to repurchase up to $3 billion of its common stock, bringing the total amount of share repurchase programs authorized by the board since 2012 to an aggregate of $15 billion. The board also declared a quarterly …

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