The headline said it all—-“Williams Reports Strong Third-Quarter Results.” Williams, in a release Wednesday of its quarterly financial report said its continued strength in base business delivers another quarter of solid financial results. What kind of results? How about net income of $654 million or 54 cents per diluted share, an increase of 10% …
As the state workers group in Oklahoma heaped criticism on the State Treasurer this week for banning some banks over their ESG policies, in Texas, five more were added to the list of banned financial institutions for the same reason. They discriminate against oil and gas companies. Texas Comptroller Glenn Hegar said they were …
Officials at the Walnut Ridge Airport in northeast Arkansas want to be ready in the event someone arrives in an EV airplane. They’re installing an electric plane charger. Walnut Ridge was chosen as the site by Electrical Aerospace Company Beta Technologies “They’ll be putting an electric charging station here for their electric and hybrid …
Cheniere Energy beat expectations of Wall Street analysts in its third quarter earnings. The company, with the Midship natural gas pipeline running from Kingfisher to southern Oklahoma, had revenue of $4.2 billion in the quarter. But it was lower than the $8.9 billion posted a year ago. The profit also totaled $7.03 a share. …
Houston’s Marathon Oil, the company with drilling efforts in Oklahoma’s STACK play and offices on Northwest Expressway in Oklahoma City, posted a third quarter profit down 44% from a year ago. Still, the third quarter financial results were better than the Wall Street analysts had predicted, mostlly because of increased oil and gas production …
** On Wednesday, Rep. Jim Jordan (R-Ohio), the head of the GOP-controlled House Judiciary Committee, demanded documents from the climate group As You Sow as part of a broader investigation into climate-conscious investing. Jordan accused the group of an illegal conspiracy in the name of advancing a left-wing political agenda. ** The State Department on Wednesday announced a partnership with the nonprofit …
The Oklahoma Corporation Commission became aware Wednesday that a person or persons is spoofing the email address of its Oil and Gas Conservation Director instructing the recipient to click a phishing link. This email is spam. Recipients should disregard and delete the email. Below is a version of what the recipients are receiving.
A Halloween letter from Oklahoma Attorney General Gentner Drummond was delivered this week to Oklahoma Corporation Commissioner, months after Commissioner Bob Anthony had complained publicly about alleged wrongdoing over the Winter Storm Uri securitization and how it was developed. And it was no prank on the part of the Attorney General. Indeed, it was …
Wednesday brought another day of slumping crude oil prices as the fighting expands in Gaza and Israel pushes deeper into the territory in a bid to wipe out Hamas. Prices slid about 1% to a three week low. Oklahoma energy stocks split the day with losses and gains. The slide happened as the U.S. dollar …
The matter of the latest rate hike request made by Public Service Company of Oklahoma, one reduced to $155.2 million or $3.57 more a month for consumers, will be considered Tuesday by Oklahoma regulators. There isn’t a guarantee a vote will occur but the issue is on the agenda of a Thursday afternoon meeting. …
