If the reports are right, Devon Energy Corp. is in the hunt for an acquisition, one aimed at widening its holdings in the Permian Basin. Bloomberg and Seeking Alpha reported this week that Devon is considering what they called “major acquisition targets” and one of them is reported to be Marathon Oil Corp. People who …
October 19, 2023 archive
ONEOK dividend is declared
ONEOK’s board of directors declared a quarterly dividend of 95.5 cents per share this week, an amount unchanged from the previous quarter. The company said it would result in an annualized dividend of $3.82 per share. It will be payable Nov. 14, 2023 to shareholders of record at the close of busines Nov. 1, …
Senators file legislation to block EPA’s tailpipe emissions rules
Senators James Lankford and Markwayne Mullin are among 25 Senate Republicans who introduced legislation to block the Biden administration from implementing regulations targeting gas-powreed car tailpipe emissions. West Virginia Democrat, Sen. Joe Manchin joined their effort. Idaho Sen. Mike Crap led the proposal to strike down the EPA proposal that would tighten vehicle tailpipe …
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