Fox News reported Wednesday night that New Mexico Democratic Gov. Michelle Lujan Grisham turned down an offer to become Interior Department Secretary in a Biden administration. The network quoted sources for its late afternoon report. Earlier, there had been broadcast and published reports, including by Fox News that Gov. Grisham was being considered to …
Some Oklahoma energy stocks had a big day in Wednesday’s trading
While OPEC+ continued squabbling over possibly ending its extension of restrictions on oil production, crude prices were mixed in Wednesday’s trading, falling in the U.S. and climbing in Europe. West Texas Intermediate crude for January delivery ended down 43 cents for a nearly 1% fall to $44.85. However, during the day its price reached …
Dividend announced by OGE Energy Corp.
OGE Energy Corp. announced Wednesday its Board of Directors had approved a first quarter dividend to be paid next month. The dividend of $0.4025 per share of common stock will be paid Jan. 29, 2021 to shareholders of record on Jan. 11 of the new year. The amount is the same as the dividend …
LSB seeks more investors at approaching conference
Oklahoma City’s LSB Industries, Inc. will take part in virtual meetings with investors at the upcoming UBS Chicago Virtual Agricultural and Industrial Chemicals Conference. LSB’s President and CEO, Mark Behrman will host the meetings on Thursday, Dec. 10 starting at 8 a.m. Central Time. The company announcement indicated he will be available for one-on-one …
Williams CFO to participate in 2020 Wells Fargo Virtual Midstream Utility symposium
Tulsa’s Williams Companies plans to take part in next week’s 2020 Wells Fargo Virtual Midstream Utility Symposium. The company’s Chief Financial Officer, John Chandler will represent the firm in what’s described as a fireside chat Q and Q session on Wednesday, Dec. 9. Chandler became the senior vice president and chief financial officer in …
Fourpoint Energy acquired by Maverick Natural Resources
Houston’s Maverick Natural Resources, LLC announced Wednesday that it has acquired FourPoint Energy, LLC , the largest producer in the Western Anadarko Basin. Fourpoint, a Denver, Colorado based company with three field offices in western Oklahoma and the Texas Panhandle became a wholly owned subsidiary of Maverick and was renamed Unbridled Resources, LLC. Both Maverick …
Lost contract results in lost jobs at Tinker AFB
Dozens of employees of a civilian company whose support contract for the Navy’s E-6 Mercury program at Tinker Air Force Base in Oklahoma City are about to lose their jobs in the coming month. A WARN notice for 63 employees of IAP Worldwide Services was filed this week with the Oklahoma Office of Workforce …
COVID-19 shakes confidence of Mid-America businesses
A new monthly survey of business leaders in Oklahoma, Arkansas and seven other Midwest and Plains states suggests faltering confidence in the region’s economy as a new surge of the coronavirus outbreak sweeps the country. After climbing every month since bottoming out in April, the overall index of the Creighton University Mid-America Business Conditions …
Devon declares dividend
While it moves ahead with its all-stock merger with Tulsa-based WPX Energy, Devon Energy Corp. announced Wednesday a quarterly cash dividend on its common stock in the first quarter of 2021. The 11-cent a share dividend will be payable on March 31, 2021 on a record date of March 15, 2021 according to the …
Energy news in brief
** Officials in San Jose, California vote to ban natural gas in new commercial and high-rise residential buildings in an 8-3 vote, the largest city in the U.S. to do so according to the San Jose Spotlight. ** Lisa Gordon-Hagerty, the head of the National Nuclear Security Administration, has resigned her position effectively immediately, Defense News has learned. ** A fleet of …