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Quarterly Results to be Released Wednesday by Tulsa’s Cypress Energy
Tulsa-based Cypress Energy Partners, L.P. plans to release its fourth quarter 2015 financial results on Wednesday. The release will be made after the close of trading on the New York Stock Exchange. It will also hold a conference call at 4 p.m. on the …
SandRidge Sets Release Date for Quarterly Report
Faced with huge financial problems and challenges, SandRidge Energy has finally announced a date to release its 2015 fourth quarter and full-year financial results.
The Oklahoma City-based energy company says the results will be release after the clos…
Oil Futures End Higher as April Contracts Expire
Oil futures finished higher on Monday, recouping much of the losses seen at the end of last week, as traders weighed the likelihood of a slowdown in production and took their positions for the expiration of the April contracts for West Texas Intermedia…
Jobless Numbers in Energy Sector Grow in Oklahoma
The latest jobless report from the Oklahoma Employment Security Commission showed slight increases in almost all of Oklahoma’s counties for the month of January with McIntosh County having the highest rate at 8.7 percent and Cimarron County with the lo…
Debt-Laden Ultra Petroleum Warned by New York Stock Exchange
Some of the Oklahoma energy companies that were warned or removed from trading on the New York Stock Exchange because of their financial struggles aren’t alone. As the Houston Business Journal reported recently, Houston-based Ultra Petroleum Corp. has …
Fracking Disclosure Report Not Kind to Continental Resources
The 2015 Disclosing the Facts report on fracking is out with rankings of 30 publicly-traded energy companies and their disclosures of the chemicals used in the controversial process.
Eight oil and gas companies made improvements in their 2015 disclosu…
Crude Futures Fall on Friday, Gain for Fifth Consecutive Week
Oil futures settled lower on Friday, pulling back from a rally a day earlier, as Baker Hughes reported the first weekly rise in the U.S. oil drilling rig count this year.
West Texas Intermediate crude futures for April delivery fell 76 cents, or 1.9%,…
Rig Counts Slip Again in Oklahoma and the U.S.
The latest weekly oil and gas rig count showed declines in Oklahoma and the nation, according to Baker Hughes Company of Houston, Texas. Oklahoma’s count fell by one in the past week to reach 66 compared to the 136 a year ago. The nation’s rig count dr…
WPX Restates Financial Revolver
Tulsa-based WPX Energy announced it amended and restated its revolving credity facility, getting a total commitments of $1.2 billion on a senior secured facility with an initial borrowing base of $1.025 billion. The revolver matures Oct. 29, 2019.
“Th…
TransCanada’s $13 billion Pipeline Company Purchase Affects Four Oklahoma Companies.
TransCanada, the company that constructed the Keystone pipeline from Cushing south to the Gulf Coast but failed to win approval of the northern leg from Canada to Nebraska, is paying $13 billion to buy the U.S. gas pipeline company, Columbia Pipeline.
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