Coterra Energy Inc. announced the planned retirements of two executive officers of the Company, Stephen P. Bell, Executive Vice President—Business Development, and Todd M. Roemer, Vice President and Chief Accounting Officer. Bell intends to retire in late 2025 and Roemer intends to retire in 2026 after the filing of the Company’s 2025 Form 10-K. …
March 2025 archive
Ascent Resources made gains in natural gas exploration in 2024
Natural gas prices were challenging but Ascent Resources still had a “great year of success” according to company Chairman and Chief Executive Officer, Jeff Fisher in releasing the fourth quarter and full-year 2024 financial results for the company that is the largest natural gas producer in the state of Ohio. With focused drilling in the …
Crude oil made gains on Friday
Crude oil prices on Friday made gains of more than 1% but might have been higher. Prices were higher than the settlement level but fell after President Trump threatened more sanctions on Russia if it didn’t get to the peace table with Ukraine. West Texas Intermediate crude, considered the standard in the U.S. rose 68 …
Unit Corporation dividend payment date announced
Another quarterly cash dividend and its payment date have been announced by Unit Corporation in Tulsa. The company said its previously announced dividend of $1.25 per share of common stock for the first quarter of 2025 will be paid March 28. Only those shareholders of record at the close of business on March 18 …
Energy briefs
** Costco has expanded its gas station hours, and members are hoping this change will help reduce the lines at the pump. The warehouse club announced on social media that its gas stations will now open at 6 a.m., seven days a week. They will stay open until 10 p.m. on weekdays. ** Tennessee lawmakers consider reclassifying natural gas — already …
Weak gains made by crude oil prices while OK energy stocks suffered again
Crude oil prices were mostly steady on Thursday but Brent crude, the global benchmark still finished below $70 a barrel. Oklahoma energy stocks were another story as they suffered another day of losses. West Texas Intermediate crude, the U.S. benchmark, gained 5 cents or 0.1% and finished at $66.36 a barrel on the New York …
Judge expects “marathon” hearing into PSO’s $730 million purchase of a gas plant
A “marathon” hearing is what an Administrative Law Judge expects as the Oklahoma Corporation Commission begins examining the request of Public Service Company of Oklahoma to finalize its $730 million acquisition of a Jenks natural gas power plant. Public comments were received Thursday afternoon from 20 chamber of commerce, business and school leaders in …
Arkansas legislators kill bill to allow utility rates to be hiked during construction of projects
The Arkansas state Senate voted down a bill to allow utilities to hike rates during construction of new facilities rather than asking for authority after completion. Opponents contended it gave too much power to the utility companies and would hurt ratepayers. Click here for KARK.com
And you thought we were finished with snowfall?
Yes, the white stuff is in the forecast for some areas of Oklahoma this weekend. One to two inches are possible in western reaches of the state, according to the Oklahoma Mesonet. More likely the snow will be heavier in the Texas Panhandle.
Texas businesses urge EPA to allow state control of carbon capture well development
When two Texas congressmen recently urged EPA Administrator Lee Zeldin to allow Texas to assume authority over development of carbon capture wells, it came after a few dozen businesses in the state sent the same kind of letter to EPA Region 6 Administrator Scott Mason. In a letter submitted on February 18, 2025, 33 …
