Tallgrass Energy Partners, LP, the Kansas City-based company with pipelines extending to Oklahoma’s Cushing Hub, announced this week an $800 million offering of notes. Designed to raise money for the company, the offering was increased from the original $700 million to the new value of $800 million. It includes 7.375% senior unsecured notes due …
January 18, 2024 archive
Pilot Travel Centers now owned 100% by Berkshire Hathaway
Those Pilot Travel Centers around Oklahoma are now totally owned by Berkshire Hathaway. Billionaire Warren Buffet’s company announced this week it acquired the remaining 20% in Pilot Travel Centers LLC across the nation. It means the 750 travel centers around the U.S. are 100% owned by Berkshire Hathaway. Eleven Pilot Travel centers are located …
ONEOK expands share buyback program
ONEOK announced this week the extension of its share repurchase program saying its goal in the next few years is to acquire $2 billion in shares. The board of directors said the effort will be made over the next four years, explaining the buyback will “complement the dividend growth rate as a key pillar …
Extreme cold in northern Oklahoma was not a record for sub-freezing weather
The Oklahoma Mesonet says northern Oklahoma’s frigid weather left the region in a deep freeze for more than 5 days as temperatures never rose above freezing. But the 131 hours of sub-freezing temperatures were not a record. “The cold has been crazy, no? Here we are on day 5-6 of our Arctic deep freeze …
Rep. Bice on deterring Chinese influence
Oklahoma Congresswoman Stephanie Bice is criticizing the Biden administration’s effort to wage what she calls a “full-scale assault” on American energy production and gas-powered automobiles. In a column released this week, the Republican Representative said the President has taken the actions to cater to electric vehicles. “Recently, the Federal Highway Administration has attempted to …
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