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 …
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 …
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 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 …
U.S. Biofuel Capacity Growth Slows in 2024 The pace of capacity additions for U.S. biofuel production slowed sharply in 2024. According to the latest Energy Information Administration (EIA) reports, production capacity increased by only 3% from the start of 2024 to early 2025. The report covers every category of renewable diesel, biodiesel, and sustainable …
Oklahoma Rig Count Shows Strength Amid National Growth The latest Baker Hughes rig report revealed that while U.S. drilling activity rose this week, Oklahoma’s oil and gas rig count stayed firm. The stability shows continued operational confidence in key Oklahoma energy plays despite shifting numbers nationwide. The Cana Woodford remained the most active play in …
Beale Infrastructure Confirms Coweta Data Center “Project Atlas” Oklahoma’s next data center will be built in Coweta, where the city recently sold 200 acres of land to data center developer Beale Infrastructure. While there was public speculation last week over the sale of the city-owned land, confirmation of the intentions of Beale Infrastructure came this …
OG&E cuts fuel cost adjustment for Oklahoma customers Customers of Oklahoma Gas and Electric are getting notifications of a decrease in their monthly utility bills. OG&E said it would make a fuel cost adjustment for customers beginning November 1. The utility said the average residential customer’s monthly bill would be $6.75 lower a month. OG&E …
