Vital Energy’s first-quarter 2025 financial and operating results included a surprise as its $2.37 earnings per share beat the $2.11 per share estimate given by analysts. It beat the $1.91 in earnings per share the Tulsa company had a year ago. As a result, Vital’s earnings were up 12.32%. The firm reported a net loss …
Boulder, Colorado’s lawsuit against two fossil fuel corporations over alleged local harms caused by climate change is being allowed to move ahead following a decision by the Colorado Supreme Court. By 5-2, the Supreme Court concluded federal law did not preclude the local governments from raising state-level claims of nuisance, trespass, unjust enrichment …
The failure of the Oklahoma Senate to bring House Bill 1220 up for a full chamber vote before Thursday’s floor deadline disappointed Sen. Lisa Standridge, R-Norman. “I’m deeply disappointed that Senate leadership didn’t see fit to bring this important bill up for a floor vote,” Standridge said. HB 1220 would protect utility ratepayers by …
Republicans in the U.S. House have filed a bill to fund the refilling of the Strategic Petroleum Reserve which was drastically lowered in the Biden administration. The bill is named the Budget Reconciliation Bill and includes the funding to start the refilling of the SPR which was one of the key promises made by …
Crude prices recorded gains on Monday after the U.S. and China trade talks gave strong suggestions of progress. Oklahoma energy stocks followed suit with several firms making 5% and 6% gains for the day. Investors feel optimistic that the world’s two largest crude users might be close to a resolution in their trade …
While Oklahoma utilities and some legislators wait to see if the governor will sign their measure into law allowing utilities to pass costs along to ratepayers while construction projects are in progress, the governor has a long list of measures already vetoed. Oklahoma Gov. Kevin Stitt has shown he can be not only blunt …
Oklahoma Corporation Commissioners await word from Gov. Kevin Stitt whether he will go ahead and let a controversial energy bill become law or veto the measure some contend will lead to higher electrical rates while opponents argue otherwise. Commissioners are hoping he vetoes SB998, the measure that includes a CWIP or “construction while in …
Four projects totaling over $4.5 million for high-speed internet expansion in two counties were officially launched Friday morning in Vera by the Oklahoma Broadband Office (OBO) and internet service provider Totah Communications. The projects, funded through $2.5 million in federal grants administered by the OBO coupled with $2 million in matching contributions from Totah, …
In a meeting scheduled for Thursday at the state capitol, the Oklahoma Senate Energy Committee will consider votes to confirm appointments to several energy commissions. The following executive nominations are to be considered for approval: Shannon L. Ferrell, Orlando, to the Environmental Quality Board, to serve a five-year term ending January 31, 2030, succeeding …
As you consider your average electric bill in Oklahoma, it’s still considered to be among some of the lowest in the U.S. according to a survey and study by the U.S. Energy Information Administration. Not the lowest in the country. “Among” some of the lowest. The lowest title belongs to electric customers in Utah …
