Strong Net Income and EBITDA Growth ONEOK, Inc. (NYSE: OKE) announced higher third quarter 2025 financial results, highlighting steady performance across its assets and reaffirming full-year guidance for net income and adjusted EBITDA. The company reported net income of $940 million, equating to $1.49 per diluted share, and an adjusted EBITDA of $2.12 billion, which …
State Committee Reviews Data Center Impact on Oklahoma’s Resources One thing was made clear when the Oklahoma House Utilities Committee held a recent hearing—there’s a split between Stillwater city and county leaders about water use by Google’s new data center campus. The Oklahoma Department of Commerce’s John Woods, an Economic Development Research Specialist, shared that …
Expand Energy Reports Strong Q3 2025 Financials and Major Growth in Haynesville and Appalachia Expand Energy Corporation reported impressive third quarter 2025 results, underscoring the Oklahoma City-based company’s financial strength and growing footprint in major natural gas plays. The company revealed $1.2 billion in net cash from operating activities while expanding its assets in the …
Supreme Court Confirms OG&E’s Right to Serve Cherokee Nation Facilities The Oklahoma Supreme Court ruled that the Oklahoma Corporation Commission made the correct decision five years ago in allowing Oklahoma Gas & Electric (OG&E) to offer electrical service in another utility’s region. Lake Region Electric Cooperative, headquartered in Hulbert, Oklahoma, challenged the August 18, 2020 …
Oklahoma House Committee Studies Living Wage Impact on State Employers A state House committee recently held an interim study exploring how living wage laws affect employers, job opportunities, and economic growth across Oklahoma. Lawmakers said the results could influence multiple industries, including the energy sector and public utilities, both central to the state’s economy. Rep. …
National Average Gasoline Price Trends For the first time in years, U.S. gasoline prices dropped below $3 per gallon, marking a significant milestone for consumers and analysts tracking global energy markets. The brief dip reflected OPEC+ decisions to return more oil to the market and a period of weaker global demand, both of which contributed …
Bipartisan Support for Geothermal Energy Grows in Congress Three years after the University of Oklahoma received a federal grant to explore geothermal energy at Tuttle Public Schools, the concept of recovering energy from abandoned oil and gas wells is gaining momentum nationwide. Both Republicans and Democrats in Congress now view geothermal as a serious part …
Oklahoma energy market reacts to oil and gas price declines A sharp drop in energy fuels on Tuesday marked another difficult day for the crude oil and natural gas markets, as both commodities continued a three-day slide. Crude oil prices fell nearly 2%, and natural gas prices dropped more than 4%, signaling growing market unease …
Nuclear Power Deal Highlights Data Center Energy Demands A deal between NextEra Energy and Google will restart a nuclear power plant in Iowa that has been shut down for five years. The move underscores the growing energy demand from data centers and marks a significant revival of interest in nuclear power as a stable and …
Oklahoma Hands-Free Law Targets Safer Roads Starting Nov. 1, Oklahoma drivers face new restrictions on handheld cell phone use in active school and work zones. Whether driving an oil tanker, a utility truck, or a family car, motorists must go hands-free under House Bill 2263, authored by Rep. Nicole Miller (R-Edmond). The legislation strengthens Oklahoma’s …
