Still awaiting shareholder approval of its recently-announced merger with Oklahoma City’s Chesapeake Energy, Houston’s Southwestern Energy company plans to release its fourth quarter earnings report this week. The release will be on February 22 after the market close, according to Southwestern. It will be available on the company website, www.swn.com. Due to the pending merger …
W Just a political move to garner support leading up to the Presidential election. It’s how geopolitical observer Peter Zeihan looks at President Biden’s freeze or moratorium on building any new ports to allow overseas shipments of LNG. It’s certainly a hot-button issue in Oklahoma and other oil producing states as Representatives and Senators …
Oklahoma City’s Mach Natural Resources LP recently announced the declaraton of a quarterly cash distribution. The energy firm said the board of directors of its general partner approved the fourth quarter 2023 distribution of 95 cents a common unit. It will be paid March 14, 2024 to common unitholders of record as of the …
When it comes to state of the state addresses by Governors, Oklahoma Gov. Kevin Stitt’s recent address and his remarks about energy were calm compared to the defiant address given by Wyoming Gov. Mark Gordon who vowed to continue standing up to the President’s green energy policies and what they’re doing to …
Maybe it was the recent letter sent by nearly 4,900 car dealers, including 96 in Oklahoma who complained the Biden administration’s big push for electric vehicles was too much. They said it was time to tap the brakes on the push. Maybe the White House heard. Because there is a report that the Biden …
The International Energy Agency report about slowing demand for crude oil wasn’t enough to offset growing concerns about the Middle East and the fighting there. As a result, crude oil prices on Friday rose. West Texas Intermediate crude finished up $1.16 or 1.49% per barrel at $79.19 on the New York Mercantile Exchange. The March …
Oklahoma’s Corporation Commissioners plan a regular meeting Tuesday at the state capitol where they will deal with more rulemaking, something that’s been on their agenda for the past several weeks. The 1:30 p.m. meeting will be at the Will Rogers Memorial Office Building. The agenda is as follows: I A. Call to order B. …
Look for a new look on downtown Oklahoma City’s Devon Tower. Devon Energy intends to spend $3.5 million to upgrade the LED lighting to meet the expectations the company had when the tower was completed in 2012. Standing 844 feet tall with 50 stories and a million square feet in office space, it …
As Oklahoma’s oil and gas rig activity increased by one in the past week, the national numbers declined, according to the Baker Hughes Co. rig count released on Friday. Baker Hughes showed a one-rig increase as Oklahoma recorded 42 active rigs. A year ago, the state had 64 operating rigs at this time. …
A name change for Oklahoma City’s Will Rogers World Airport? It might occur as the Airport Trust recently decided to consider such a move after it took a survey of nearly 6,000 people about the airport. The survey was launched last October. At the time, Tracey Hamm, a representative for the trust indicated a …
