April 4, 2024 archive

2Q earnings report to be released by Helmerich and Payne with expectations of more rig activity

  Following a first quarter gain in net income, Tulsa’s Helmerich & Payne prepares the release of its second quarter 2024 earnings report later this month. A conference call will be held Thursday, April 25 at 10 a.m. and feature President and CEO John Lindsay, Senior Vice President and CFO Mark Smith and Vice President …

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Drummond’s fight against Biden’s oil and gas war leads to win in federal court

  In one of Oklahoma Attorney General Gentner Drummond’s efforts to push back against the Biden Administration’s ceaseless attacks on the oil and gas industry, a federal judge on Monday blocked a highway emissions rule that sought to drive gas-powered cars off the road. “Oklahomans cannot afford the high cost of the Biden Administration’s war …

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New COO named at SandRidge Energy

    SandRidge Energy just named a new Chief Operating Officer. The Oklahoma City company’s board of directors named Dean Parrish, Senior Vice President of Operations to become the fir’s Senior Vice President and Chief Operating Officer. SandRidge President Grayson Pranin said Parrish’s compensation will be determined at a later time. Pranin had held the …

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Energy quick reads

** Exxon’s upstream division will take a hit of as much as $1 billion from lower oil and gas prices, the Spring, Texas-based company said in a filing Wednesday. Additionally, earnings will fall by as much as $1.3 billion due to “timing effects,” which include unsettled derivatives from trading. ** Vice President Kamala Harris and Environmental Protection …

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