November 14, 2024 archive

Layoffs coming at Pioneer after being acquired by Exxon Mobil

    After acquiring Pioneer Natural Resources Co. in a $63 billion deal this year, Exxon Mobil Corp. plans to lay off close to 400 Pioneer employees. A report by Bloomberg indicated the firm notified the Texas Workforce Commission on Wednesday of its intentions. Click here for Bloomberg

Oklahoma gets more broadband funding as it launches service in the west

    As the Oklahoma Broadband Office prepares to launch an expansion project, this time in western Oklahoma, it received still more federal funding to bring broadband service to rural areas of the state. The Oklahoma Broadband Office was approved for an $11.2 million grant from the National Telecommunications and Information Administration (NTIA) to help …

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Slight decline in 3Q earnings for PHX Minerals

  PHX Minerals recorded a slight drop in net income in the third quarter, slipping from $1.3 million and 4 cents a share in the second quarter to $1.1 million and 3 cents a share as the company also saw declines in production and converting wells in production. The Fort Worth-based company said earnings compared …

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