Despite stagnant revenue over the past year, J.B. Hunt Transport Services Inc. based in Arkansas reported a more than 12% gain in third quarter income totaling $170.85 million. A year ago, the trucking company’s third quarter revenue was $152.07 million. The increase amounted to a 12.3% gain and an earnings per share of $1.76. …
Category: General
ONEOK 3Q dividend unchanged from 2Q
A dividend of $1.03 per share was announced this week by ONEOK, the utility company headquartered in Tulsa. The firm’s board of directors approved the quarterly dividend which, on an annual basis, figures to be $4.12 a share. It is also unchanged from the second quarter dividend. As the firm announced, the dividend …
Frosty weather is a possibility this weekend in the Oklahoma Panhandle
Okay, okay, it might not be that cold for Oklahomans to see “frost on the pumpkins.” Well, maybe. State Climatologist Gary McManus said there is a remote possibility that this weekend’s cold air blast might bring some frost in the Panhandle. After all, the first freeze of the season could occur. .”…there’s not really …
Consumers wait for next step in OGE’s controversial CWIP request
After two days of hearing legal challenges and claims regarding a request of Oklahoma Gas and Electric Company to pass along construction costs of natural gas-related projects, an Oklahoma Corporation Commission Administrative Law Judge and commissioners will sometime soon have decisions to make. The costs are based on the controversial law stemming from SB998, …
Energy Brief: Data Centers and Global Energy Developments
U.S. Developments: Data, Energy, and Policy Plans for an $18 billion data center campus north of Chicago are raising concerns over electricity and water usage. Local officials welcome the investment but residents worry about the strain on public resources. At the same time, an investor group including BlackRock and Nvidia will acquire Aligned Data Centers …
Crude oil prices hit 5-month low
Crude oil prices dropped Wednesday, hitting a five-month low amidst the growing tensions between the U.S. and China in their tariff dispute over rare earth minerals. Adding to the pressure was the International Energy Agency prediction of a supply surplus in 2026. A forecast from Bank of America also rained on the parade, …
Lankford says rare earths fight with China is a “wake-up” call
Oklahoma U.S. Sen. James Lankford stands behind President Trump and his latest threats to put an additional 100 percent tariff on products from China in the fight over rare earth minerals. “Yes, we should be playing hardball. We’re the biggest economy in the world,” explained the Republican Senator during a Wednesday morning interview …
Arkansas prepares wind farm rules
Arkansas regulators are in the midst of attempting to create new rules on wind farm development in the state. And one of the issues is one that’s produced some political anxiety at the Oklahoma state capitol—setbacks. The Public Servic Commission in Arkansas started taking public comments on a new law, Act 945 of …
Google makes $600,000 donation to Stillwater school district
Google Donates $600,000 to Stillwater Public Schools for Energy Efficiency Upgrades and Classroom Equipment Stillwater Public Schools announced a $600,000 donation from Google to support local education and energy resilience efforts across the district. The funding includes $500,000 for energy efficiency upgrades throughout school facilities and $100,000 for new classroom equipment for Kindergarten and …
Launch rescheduled for rural Oklahoma broadband expansion in Northeastern Oklahoma
The Oklahoma Broadband Office will officially launch two broadband expansion projects with internet service provider The Junction Internet to improve access to high-speed internet service in Craig and Nowata counties. But the formal ceremony to begin the project won’t be held Friday as originally announced. Instead, it will be a week later, according …