Gulfport Energy Corporation of Oklahoma City announced the proposed block trade of more than 653,000 shares managed and advised by Silver Point Capital, L.P. and MacKay Shields LLC. The 653,464 shares of common stock will be offered in transactions on the New York Stock Exchange and in the over-the-counter market. Gulfport shares finished Monday’s trading …
The good old days of lower gasoline prices. As I recalled the cheap gas I paid as a teenager in Kansas in the 1960s, when Art Soukup at the local Skelly station came out and cleaned your windshield and $1 would let you drive all night around town, I wondered how prices today compared …
In deciding not to review a Fifth Circuit Court of Appeals decision, the U.S. Supreme Court let stand a lower court ruling that found the Texas Right of First Refusal law is unconstitutional. The case was Lake vs. NextEra Energy and the Supreme Court decided not to grant certiorari, which means the Justices agreed …
Okay, maybe you won’t light up your house at Christmas like Clark Griswold in the movie “Christmas Vacation.” But Oklahoma Gas and Electric Company is out with some electrical safety tips for those who untangle their lights and crawl around the roof of their home. Check your lights for frayed cords, cracked sockets or …
Despite having what critics call a “Green mob” governor in Michelle Lujan Grisham and an administration that fights oil and gas, New Mexico is about to score a $3.5 billion general fund surplus thanks to the oil and gas wells pumping in the state. A new forecast issued this week explained how New Mexico’s …
It’s called America’s fastest-growing occupation—that of being a wind farm technician. Someone has to maintain those wind farm towers that perch across Oklahoma’s landscape and that of other states. The pay is great—up to $103,000 a year and doesn’t require a college degree. But it means being in good physical shape and being strong …
Some of those acquisitions by Oklahoma energy companies involving the Permian Basin helped push mergers and purchases in the Basin to more than $100 billion this year. It’s according to consultancy Wood Mackenzie, which released a report that totaled the value of all the acquisitions. The list included this week’s proposed $60 billion acquisition …
** U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), applauded the U.S. House of Representatives for passing by voice vote H.R.1042, companion legislation to S. 763, a bipartisan bill introduced by Barrasso to prohibit U.S. imports of Russian uranium. ** A House panel subpoenaed The Vanguard Group and …
As crude oil prices recorded slight gains in Monday’s trading, some Oklahoma energy stocks made significant gains, including a Tulsa energy company with a 15% jump for the day. Gains in crude prices came as OPEC+ production cuts didn’t offset worries around crude oversupply in the coming year. The slight gains came after both rose …
Excluding old St. Nick who will travel untold millions of miles on Christmas Eve, AAA predicts 115.2 million travelers will head 50 miles or more from home over the approaching Christmas holiday travel period. It represents a 2.2% increase over last year and is also the second highest year-end travel forecasst since 2000 when …
