PHX Minerals announced a quarterly dividend of 3 cents a share on the company’s common stock. The Fort Worth-based company with operations throughout Oklahoma, Texas, Louisiana, North Dakota and Arkansas said the dividend will be payable on June 11 to shareholders of record on May 31, 2024. The dividend was approved by the …
Justin Hornback formally announced this week his candidacy for the Republican nomination for the Oklahoma Corporation Commission. He is one of five candidates to succeed Commissioner Bob Anthony who is term-limited and one of the three candidates for the GOP nomination. He describes himself as a “seasoned energy industry veteran” with two decades of hands-on …
The shareholders meetings to vote on the January-announced merger of Oklahoma City’s Chesapeake Energy and Houston’s Southwestern Energy have finally been set and announced. In a proxy filing with the Securities and Exchange Commission, Chesapeake Energy said its virtual shareholders meeting will be held on Tuesday, June 18 at 10 a.m. Central time. Southwestern Energy’s …
The nearly $32 million rate hike requested by Oklahoma Natural Gas isn’t the only such request made by ONG’s parent company, ONE Gas. In a powerpoint presentation made by ONE Gas, the Tulsa-based company identified it has 5 such requests under consideration by regulators in Texas, Kansas and Oklahoma. They total $102.2 million. Along …
The University economist whose study of Oklahoma’s energy discrimination elimination act was flawed blames in part the short-sighted or “myopic” view of the legislators who created the law two years ago. Writing in the Sunday Oklahoma’s Viewpoint section, Dr. Travis Roach said legislators who crafted the Oklahoma Energy Discrimination Elimination Act failed to consider …
The latest Baker Hughes rig report released on Friday showed Oklahoma’s number of active oil and gas rigs increased by one. The state’s total is 44 rigs, compared to 51 rigs reported one year earlier. Nationally, the count gained one to 604. The growth included one more oil rig for a total of …
Crude oil prices gained ground for a third straight day in Friday’s trading, though not as dramatic as Thursday. Analysts say it’s a sign of improving demand in the U.S. and China. Oil prices rose on Monday, as signs of improving demand in the U.S. and China, the top two oil consumers, aided …
“Why some financial institutions choose policies designed to create energy poverty is mystifying.” It’s what Petroleum Alliance of Oklahoma President Brook A. Simmons said recently after the State Treasurer listed Barclays PLC on the list of financial firms banned from state business because of the firm’s discrimination against the oil and gas industry. …
** A group of states that loosely parallels those that filed suit last year to stop California’s Advanced Clean Trucks (ACT) rule have taken similar action against the state’s Advanced Clean Fleets (ACF) rule, seeking to stop the ACF while it awaits a waiver from the Environmental Protection Agency. ** California Gov. Gavin Newsom‘s administration said it …
Crude oil prices rose a second straight day in Thursday’s trading. West Texas Intermediate crude for June delivery gained 60 cents to settle at $79.23 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark settled up 52 cents at $83.27 a barrel on ICE Futures Europe. June natural gas rose …
