Williams plans to announce its first-quarter 2021 financial results on Monday, May 3 after the close of markets. The company will hold a conference call and webcast with analysts and investors on the next day, Tuesday, May 4 at 8:30 a.m. Central Time. Williams is coming off an all-time record results in 2020 with …
Category: Oil & Gas
Federal Reserve bank reports energy activity continued to increase moderately
Oil and gas drilling in the region covered by the Federal Reserve Bank of Kansas City showed a moderate increase according to the bank’s latest Energy Survey. Chad Wilkerson, vice president and economist at the Bank said the survey showed activity had moved higher than year-ago levels for the first time since March 2019 …
Oil remains below $60 while Oklahoma energy stocks struggle
Crude oil prices slipped in US trading on Friday while they rose in overseas markets. West Texas Intermediate crude oil fell 28 cents to $59.32 a barrel for a loss of 0.47% in trading on the New York Mercantile Exchange. Global benchmark Brent crude rose 15 cents to $63.05, a gain of 0.24% in ICE …
Higher crude oil prices attract more drilling interest in Oklahoma
The latest Baker Hughes Co. rig report shows Oklahoma’s count grew to 20 while nationally the numbers increased by two to 432. It’s a sign that crude oil prices around $60 a barrel are slowly attracting more drilling interest in the state and across other oil and gas-producing states. Oklahoma’s count increased by one …
Crude oil rose again in Thursday’s trading and closed less than $60
While US crude prices rose slightly in Thursday’s trading, some Oklahoma energy stocks did the same. West Texas Intermediate crude for May delivery went up 20 cents to finish just under $60 at $59.80 a barrel for a gain of 0.34% in trading on the New York Mercantile Exchange. Global benchmark Brent Crude for …
Increase in rig numbers in US including Oklahoma
The data-tracking company, Enverus Rig Analytics reported the US rig count jumped by 16 in the past week to 509 as of April 7 including an increase in Oklahoma. The company said the count grew by 9% in the last month but remains 17% below the count from a year ago. In the …
GRDA buys resort on Oklahoma’s Grand Lake
The Grand River Dam Authority in northeast Oklahoma recently expanded its holdings with the $1.2 million purchase of the Honey Creek Resort and Motel on Grand Lake. The purchase included more than four acres of land as well as the motel reported the Tulsa World. Click here for the Tulsa World story.