Enable Midstream Partners, LP announced financial and operating results for fourth quarter and full-year 2019. Net income attributable to limited partners was $18 million for fourth quarter 2019, a decrease of $156 million compared to $174 million for fourth quarter 2018. Net income attributable to common units was $9 million for fourth quarter 2019, a …
ONE Gas, Inc. announced its fourth quarter and full year 2019 financial results, which included diluted earnings per share of $0.96 and $3.51, respectively. Highlights include: Fourth quarter 2019 net income was $51.2 million, or $0.96 per diluted share, compared with $44.7 million, or $0.84 per diluted share, in the fourth quarter 2018; Full year …
Tulsa-based Williams leaders remain exuberant about the company’s operations in 2019 and what lies ahead even though the company’s revenues of $2.1 billion for the fourth quarter 2019 decreased from $2.2 billion a year ago. Fourth quarter net income from continuing operations and available to common stockholders was $138 million, up $710 million …
Tulsa-based NGL Energy Partners LP notified the Securities and Exchange Commission this week that its sale of the company’s operations is complete. The sale of the refined products marketing business in the mid-continent region and the gas blending business in the southeastern and eastern regions of the U.S. was finalized in January. The business was …
A review of executives of coal companies in the U.S. by Bloomberg News found that while things might appear gloomy for the industry, those leaders are actually planning for better days ahead. In other words, their industry might not be dying because of the green climate push. At least five of America’s coal producers went …
A bill aimed at holding people who riot, especially those protesting oil and gas operations and pipelines has won approval in South Dakota’s State House, but native Americans are angry about it. Gov. Kristi Noem’s “riot boosting bill” was passed this week on a 45-25 vote and sent to the Senate. Rep. Jon Hansen, R-Dell …
A plan to nearly double the amount of crude oil flowing through North Dakota’s Dakota Access Pipeline was approved by state regulators this week. But the Standing Rock Sioux tribe indicated it will challenge the decision in court. Energy Transfer’s plan calls for construction of a pump station in Emmons County and work is expected …
Public Service Company of Oklahoma isn’t the only big utility to reach agreement and become part-owner of some Invenergy wind farms. WEC Energy Group based in Milwaukee, Wisconsin has announced it will increase its ownership interest from 80% to 90% in three Midwest wind farms run by Invenergy. But the total investment is only $118 …
A bill to put restrictions on towns, cities and counties from suing oil and gas companies over climate change is making its way through the Kansas legislature and it has the backing of the Kansas Chamber of Commerce. It would require local governments including school boards to get the state attorney general’s approval before hiring …
A Missouri legislator thinks utilities should not be allowed to use ratepayers money to pay for electric car charging stations. Sen. Doug Libla, a Republican from Poplar Bluff has introduced Senate Bill 825 to prohibit utilities from using money from customers to pay for their neighbors’ electric cars. According to the Missouri …
