Oklahoma City-based Enable Midstream Partners, LP says it has closed the previously announced private placement with CenterPoint Energy, Inc.
The deal involved a $363 million purchase by CenterPoint Energy of 10 percent Series A Fixed-to-Floating Non-…
Among the latest energy companies to be hit with a downgrading by Fitch Ratings are Energy XXI LTD and Energy XXI Gulf Coast, Inc. of Houston, Texas. Both were downgraded this week to ‘C’ following the non-payment of $8.8 million in interest due Feb. 1…
While Chesapeake Energy has been in the midst of trying to resolve its growing financial problems and speculation mounts whether it will file bankruptcy, the subject has the attention of Williams Cos. which released its earnings report in recent days. …
Registration has opened for the upcoming annual meeting of the Interstate Oil and Gas Compact Commission in Denver, Colorado. It will be held May 15-17, 2016.
The Council of State Regulatory Officials including state and provincial regulators will del…
Eighty-five years after then Oklahoma Governor Alfalfa Bill Murray took the drastic action of shutting down the State’s oilfields and 3,000 oil wells because of plummeting oil prices, the state faces another dramatic downturn in the oilpath. However, i…
With a 25 percent increase in fourth quarter earnings and a 22 percent jump in full year earnings, Williams Cos. based in Tulsa is pushing ahead with its planned merger with Dallas-based Energy Transfer Equity. However, the company also reported losses…
Thousands might have been let go in the past several months in the nation’s energy sector, including the 1,000 this week at Oklahoma City-based Devon Energy, but some companies are pushing ahead with multi-million dollar acquisitions.
The latest is th…
On the same day Devon Energy released its financial earnings reports and started layoffs of 1,000 workers, the company also made an upsized public offering of 69,000,000 shares of its common stock at a price to the public of $18.75 a share. At the end …
Changes in the executive leadership at Devon Energy Corp. and ConocoPhillips were announced this week. The Devon announcements were lost in the news that the company laid off 700 workers at its headquarters and 1,000 company wide.
Darryl Smette, exec…
Billionaire George Soros doesn’t like what he sees financially in Oklahoma City-based Chesapeake Energy and this week dumped his shares in the company.
The founder of Soros Fund Management LLC also withdrew stakes in Chevron Corporation and NRG Energy…
