Category: Oil & Gas

Williams 2Q earnings reflect nationwide demand for more natural gas

  With a growing demand for natural gas nationwide, you would expect improved earnings for Tulsa-based Williams and that’s just what happened. Not just “improved” earnings but very improved earnings as the company released its second quarter earnings report. As company President and CEO Chad Zamarin said in releasing the figures, “Williams delivered another outstanding …

Continue reading »

Coterra reports steady earnings in 2Q and will maintain current operations in Oklahoma

    Houston’s Coterra Energy Inc., a firm with significant operations in Oklahoma, reported second quarter financial operating results that were nearly equal of a year ago. The company declared a dividend of $0.22 per share based on $511 million in net income or $0.67 per share. It compared to the first quarter net income …

Continue reading »

Houston energy firm chooses ConocoPhillips for its liquefaction technology

    Coastal Bend LNG announced it has selected ConocoPhillips’ Optimized Cascade Process liquefaction technology for its planned natural gas liquefaction and export facility on the Texas Gulf Coast. Coastal Bend LNG’s planned development includes multiple liquefaction trains, cogeneration, LNG storage tanks and export facilities. “ConocoPhillips’ technology and expertise provides us with the confidence that …

Continue reading »

SandRidge Energy’s 2Q report to be released this week

    The second quarter 2025 operational and financial results for SandRidge Energy, Inc. will be released on Wednesday, August 6. The release will be made after the close of trading and company leaders will followup with a Thursday afternoon conference call to discuss the financial results. The call will begin at 1 p.m. Central …

Continue reading »

Quarterly dividend announced by ONE Gas

  The board of directors of ONE Gas, Inc. (NYSE: OGS) today declared a quarterly dividend of 67 cents per share of common stock, payable Sep. 3, 2025, to shareholders of record at the close of business Aug. 18, 2025. ONE Gas announced previously that it expects the quarterly dividend to be 67 cents per …

Continue reading »

Report shows drop in energy employment in July in Oklahoma and nearby states

A new report from the  Energy Workforce & Technology Council for July showed another slight drop in energy employoment in Oklahoma as well as other states in the region. A cooling in the U.S. labor market? It’s what the council suggests as it explained  total jobs in the sector declined slightly to 633,938, a month-over-month …

Continue reading »

ONEOK releases 2Q earnings report showing big gain in earnings

    ONEOK announced increased earnings for the second quarter of the year climbing from $691 million net income in the first quarter to $853 million three months later. The second quarter highlights included $841 million in net income attributable to ONEOK resulting in a $1.34 per diluted share. In the first quarter, ONEOK’s net …

Continue reading »

Energy briefs

** Sens. Chuck Grassley (R-Iowa) and John Curtis (R-Utah) place holds on three Treasury Department nominees, escalating their fight against the Trump administration’s clampdown on wind and solar tax credit use. ** A Mississippi mayor confirms Elon Musk’s xAI company has purchased a defunct Duke Energy gas-fired power plant to provide energy to the company’s …

Continue reading »

Crude oil dropped Monday following OPEC+ decision to boost production

    The OPEC+ decision to boost its output in September put a big dent in crude oil prices as they fell $1 a barrel on Monday. The Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed on Sunday to raise oil production by 547,000 barrels per day (bpd) for …

Continue reading »

Data Centers to demand more power from PSO’s parent company American Electric Power

      Weeks after Public Service Company of Oklahoma won approval for its $730 million acquisition of the Green Country Power Plant in Jenks, a move based on anticipated growth in power demands, PSO’s parent company is out with a projection of connecting to 24 GW of new load by 2030. That’s a 15% …

Continue reading »