As crude oil prices rose to three-months highs Tuesday, Oklahoma energy stocks had modest gains for the day. Prices went up due to more signs of tighter supplies along with pledges by Chinese authorities to shore up the world’s second-biggest economy. West Texas Intermediate, the U.S. benchmark, rose 89 cents to close at $79.63 …
Williams announced a new dividend with a more than 5% increase. The board of directors announced Tuesday the approval of a regular dividend of $0.4475 per share or $1.79 annualized. The dividend will be payable Sept. 25, 2023 to holders of record at the close of business on Sept. 11 of this year. It …
Oklahoma is an EV charging “desert.” Just ask at least one EV owner in Arkansas who recently made a trip to Austin, Texas by way of Oklahoma. Click here for WSMV TV news
Law firms that might want to represent Oklahoma in Attorney General Gentner Drummond’s vow to recover billions of dollars gained from market manipulation during the 2021 Winter Storm Uri have untl Friday at 5 p.m. to submit their bids. They will also be limited to $50 million in representing the state. In announcing his …
A new Oklahoma Energy Index shows core inflation in the U.S. not only has driven oil and natural gas prices lower but taken the Energy Index with it. The most recent Energy Index shows a 35% decrease in crude oil prices from one year ago and a 74% decrease in natural gas prices in …
The state of Colorado proposed another rule targeting the oil and gas industry in the state. It now wants to reduce pollution with what is described as a “first-in-the-nation” program tying air emission reductions to the amount of oil and gas produced. The state’ Air Quality Control Commission has finished creation of steps to …
The effort by Continental Resources to do more exploration in southern Oklahoma paid off with a nearly 1,200 barrel a day oil well in Stephens County. The firm filed a completion report this week on a well completed April 14, 2023 at 29 1N 4W, a site several miles north of the city of …
With record high temperatures hitting the nation, the issue of electricity cut-offs by utilities comes more and more into focus. As OK Energy Today recently reported, Summit Utilities, based in Arkansas but with thousands of customers also in Oklahoma, is in negotiations with Arkansas regulators in a bid to resume shutoffs. The Attorney General …
S&P Global Ratings has issued a revised outlook for the State of Oklahoma, elevating its status from stable to positive, and affirmed the state’s ‘AA’ long-term issuer credit rating, State Treasurer Todd Russ announced Tuesday. The upgraded outlook from stable to positive applies to the appropriation-backed outstanding debt of the Oklahoma Development Finance Authority (ODFA) …
ONEOK, Inc. announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with ONEOK’s pending acquisition of Magellan Midstream Partners, L.P. The ONEOK Special Meeting of Shareholders is scheduled to take place on Sept. 21, 2023, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The Special …
