While other companies have reported quarterly dividends, Oklahoma City-based Chesapeake Energy has suspended payments on each series of its outstanding convertible preferred stock effective immediately.
Money problems have caught up with the com…
Category: General
Chesapeake Energy Suspends Quarterly Dividends
Some say Oklahoma Should Follow Arkansas in Earthquake Actions
If the state of Arkansas responded and solved its earthquake problem apparently caused by energy industry injection wells, why can’t the state of Oklahoma do the same thing? It’s what News 9 reporter Alex Cameron investigated and reported on thi…
Most Oklahomans are Not Satisfied with State Leaders over Earthquake Problem
A poll by News 9 and News on 6 TV stations indicates most Oklahomans think state leaders are not doing a good job in responding to the earthquake dilema in the state. Most think, if anything, they’re doing a “poor job”.
The poll conducted by SoonerPo…
Crude Bounces Back on Thursday
Despite supply increases crude prices managed to make gains on Thursday. March West Texas Intermediate crude added $1.18 to end trade at $29.53 a barrel on the New York Mercantile Exchange. March Brent crude on the London ICE Futures Exchange gained $1…
ONEOK Delcares Quarterly Dividend
ONEOK’s Board of Directors declared a quarterly dividend of 61.5 cents per share effective for the fourth quarter 2015. The annualized dividend has reached $2.46 per share. While the dividend is unchanged from the previous quarter, it is nearly two per…
No snow for Oklahoma—Just Cold WX Laments State Climatologist
Never a dull moment when you’re reading the daily Mesonet update from Gary McManus, the State Climatologist. He admitted Thursday’s he is an “infamous winter hater” and a snow hater too.
“But I’ve also always said if it’s going to just be cold, it mig…
Rep. Morrissette Wants Energy Firms to Finance Reparation Fund for Earthquake Damage
“Peace of mind no longer exists for our residents.” Rep. Richard Morrissette.
Days after holding a public hearing to gather testimony about earthquake damage and causes in Oklahoma, state Rep. Richard Morrissette (D-OKC) announced he plans to ask…
Oil Exploration Continues in Oklahoma Despite Falling Prices
Oil prices might be around $27 to $28 a barrel, but exploration companies keep drilling in Oklahoma as witnessed by some of the latest completion reports published on OK Energy Today. (See OK Energy Today)
Oklahoma City-based Continental Resourc…
Quarterly Distribution Announced by EnLink Midstream
Dallas-based EnLink Midstream companies announced Thursday quarterly distributions for EnLink Midstream Partners LP and EnLink Midstream LLC for the fourth quarter of 2015.
The quarterly distribution on the Master Limited Partnership’s common un…
Tulsa Woman Accused of Embezzilng from Baker Hughes
A 55-year old Tulsa woman was charged in Rogers County District Court with embezzling more than $16,000 from Baker Hughes company where she was employed.
Prosecutors in Claremore say Mary Patrice Hudson allegedly used two company-issued credit cards t…