As CEO of Williams in Tulsa, Alan Armstrong says the company’s second quarter earnings saw what he called “very healthy growth” in all key measures. And he has a firm belief in ” strong natural gas demand growth fundamentals that underpin our strategy.” During a recent earnings call after the company posted its report, Armstrong …
The state government says unemployment rates in June were lower than a year ago in 70 of Oklahoma’s 77 counties. They were higher in five other counties and unchanged in two counties according to a break-down of the county rates. The Oklahoma Employment Security Commission reported Alfalfa County where Alva is the county seat had …
Attorney General Mike Hunter commended the Federal Communications Commission for voting to implement rules to ban caller ID spoofing in text messages and international calls. FCC Chairman Ajit Pai originally proposed the rules to the commission in July following the recommendations of a bipartisan coalition of 42 state attorneys general, including Attorney General Hunter, in May. …
Oklahoma City-based Devon Energy filed completion reports showing oil production totaling more than 4,600 barrels a day on two adjacent multi-well pad sites in Blaine County. But the company had success with total production of more than 11,000 barrels of oil a day in Blaine and Kingfisher counties in the STACK. All four Scott 13_24-16n-10w …
As Chesapeake Energy, based in Oklahoma City, prepares to release its second quarter earnings report, one analyst expects the company will report a loss in earnings. The prediction comes from Zacks Equity Research which believes earnings will be down. Chesapeake Energy Corporation CHK is scheduled to release second-quarter 2019 results on Aug 6, before the opening …
Oklahoma City-based Mammoth Energy Services, Inc. experienced a drop in total revenue in the second quarter of 2019. The company had revenue of $181.8 million, down from $262.1 million for the three months of 2019. It was also down from the $533.6 million compared to the second quarter of 2018. Net loss for the three …
Just as the Oklahoma Corporation Commission was prepared to initiate a new system of additional credit cards for payments, it stumbled. The state regulators announced Wednesday that the system modifications to allow the acceptance of additional credit cards ran into some technical problems upon deployment. The system modifications have been reversed and will be redeployed after …
Williams announced its unaudited financial results for the three and six months ended June 30, 2019 showing strong second quarter 2019 results compared with those of the second quarter of 2018. The company showed net income of $310 million for the quarter which was $175 million or 130% higher than a year ago. The year to date net income …
Refinery operator HollyFrontier Corporation reported second quarter net income fell compared to a year ago but adjusted earnings increased. The income attributable to HollyFrontier stockholders totaled $196.9 million, or $1.15 per diluted share, for the quarter ended June 30, 2019, compared to $345.5 million, or $1.94 per diluted share, for the quarter ended June 30, …
Oklahoma City’s LSB Industries, Inc. announced that its President & Chief Executive Officer, Mark Behrman will be participating in the Jefferies Industrials Conference on Wednesday, August 7, 2019 at 11:30 am ET, in New York City. LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial …