** ONEOK, Inc. will release fourth quarter and year-end 2019 earnings after the market closes on Feb. 24, 2020. ONEOK’s executive management will participate in a conference call the following day at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time) on Feb. 25, 2020. The call also will be carried live on ONEOK’s website.
** Cheniere Energy, Inc. announced that it plans to issue its earnings release with respect to fourth quarter and full year 2019 financial results on Tuesday, February 25, 2020 before the market opens. Cheniere will host a conference call for investors and analysts at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) to discuss fourth quarter and full year results.
** Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2019 cash distribution of $0.875 per common unit, an increase of one cent per common unit from the third quarter of 2019. This is the twenty-fifth consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013 and represents a 5% increase compared to the fourth-quarter 2018 distribution.
** South Dakota regulators are asked to again delay a decision on a planned 140 MW commercial solar project that would significantly boost the state’s solar portfolio.
** University of Missouri researchers receive a nearly $1 million federal grant to study the potential for new pumped storage hydropower.
** Electric vehicle sales last year in the U.S. took a nose dive. The 325,000 electric and plug-in hybrid vehicles sold nationally last year was down from 349,000 sold in 2018.
** A federal lobbying disclosure act reveals
- The American Petroleum Institute, the industry’s biggest trade group, reported $1.98 million in Q4 lobbying, up from $1.6 million in Q3 of 2019.
- Exxon reported $2.65 million, up from $1.94 million in Q3.
- Chevron reported $1.81 million in Q4, down from $2.25 million in Q3.
- BP reported $1.5 million, compared to $1.26 million in Q3.
- Shell reported $2.16 million in Q4, up from $1.68 million in Q3.
- The Edison Electric Institute, which lobbies for investor-owned power companies, reported $2.1 million, similar to the roughly $2.2 million in Q3.