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SandRidge Posts 2Q21 Results, Announces Share Repurchase Program
Oklahoma City-based SandRidge Energy, Inc. announced its financial and operational results for the three and six month periods ended June 30, 2021, according to a company press release. The company’s Board of Directors approved the initiation of a share repurchase program as a means of opportunistically returning capital to shareholders. Under the program, SandRidge may repurchase …
List of 2021 Oklahoma Fly-Ins Available for Aviation Enthusiasts
The Oklahoma Aeronautics Commission’s social media page recently published a list of fly-ins and events scheduled for the remainder of 2021. The list was produced by Experimental Aircraft Association, Inc.’s Chapter 10 based in Owasso, Oklahoma. To view the list, click here.
Oshkosh AirVenture an Adventure for Ada Aviators
Representatives from Ada’s flying community had an opportunity to meet with state and national aviation leaders at the 2021 EAA AirVenture event held last week in Oshkosh, Wisconsin, according to a report published in The Ada News. Dr. Tre Landrum, a local physician, Chris Eckler, Ada High School aviation instructor, and Tanner Gilliam, an Ada …
Test Drives Offered During OGE’s Recent EV Ride & Drive Event
More than 125 people attended an EV Ride & Drive event hosted by OGE on Saturday, August 7 at the OSU-OKC Precision Driving Training Facility, according to a published report in The Journal Record. The event offered a free test-drive experience in a Tesla Model 3, Tesla Model Y, Volkswagen ID.4 or Volvo XC40 Recharge …
Energy News In Brief
Headlines of energy stories from around the globe and the U.S. Oklahoma City-based SandRidge Energy, Inc. announced plans to release second quarter 2021 operational and financial results after the close of trading on Tuesday, August 10, 2021. The company also plans to provide an updated investor presentation. The presentation will be made available on …
Brent Crude and WTI Continue to Tumble on Monday
Following last week’s losses, oil prices fell more than 2% on Monday amid growing concerns that fuel demand may become slower due to new coronavirus-related restrictions in Asia. Brent crude futures dropped $1.66, or 2.4%, to settle at $69.04 a barrel. U.S. West Texas Intermediate crude fell $1.80, or 2.6%, to settle at $66.48 a …
St. Louis Pipeline at Center of Appellate Court Legal Dispute
A Missouri natural gas company is seeking a rehearing with the U.S. Court of Appeals for the District of Columbia Circuit in an effort to continue operating the Spire STL Pipeline as utilities prepare for the winter months, according to a published report in The Missouri Times. Spire Missouri was granted a certificate of convenience …
Gulfport Energy Releases 2Q 2021 Financial and Operating Results
Oklahoma City-based Gulfport Energy Corporation recently reported its second quarter 2021 financial and operating results. Noting the company emerged from restructuring on May 17, Gulfport reported that it reduced total debt by over $1.2 billion and reduced annual cash interest expense by more than $90 million. It reported $87.3 million of net cash provided by …
NGL Energy Partners LP Reports $134 Million Loss for 1Q Fiscal 2022
NGL Energy Partners LP reported its first quarter Fiscal 2022 results on Monday. Highlights for the quarter include: Loss from continuing operations for the first quarter of Fiscal 2022 of $134.5 million, compared to a loss from continuing operations of $33.8 million for the first quarter of Fiscal 2021 Adjusted EBITDA1 from continuing operations for the …
ND Pipeline Company Agrees to Pay $35 Million for Massive Pipeline Rupture
The U.S. Department of Justice filed criminal charges last week under the Clean Water Act against Summit Midstream Partners LLC, a North Dakota pipeline company that discharged 29 million gallons of produced water from its pipeline near Williston, North Dakota, over the course of nearly five months in 2014-2015. The discharge of more than 700,000 …