NGL Energy Partners boosts company’s liquidity with financial moves

  Management at Tulsa’s NGL Energy Partners LP say recent financial transactions have addressed the company’s debt and at the same time increased liquidity. Trey Karlovich, the Partnership’s Chief Financial Officer issued a statement this week. “We have made tremendous progress on improving our leverage, and we will continue to focus on our balance sheet …

Continue reading »

WPX to release 1Q earnings report in May

Tulsa’s WPX Energy will release its first-quarter 2019 financial and operations results on May 2 of this year. Management will hold a webcast at 9 a.m. CDT on that Thursday. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the the company’s performance. Investors are encouraged …

Continue reading »

ONEOK sets date to release earnings report

  The first-quarter 2019 earnings by ONEOK, Inc. will be released after the market closes on April 30, 2019. The company’s executive management will also take part in a conference call the next day on May 1 at 10 a.m. Central Daylight Time. It will be carried live on ONEOK’s website, www.oneok.com. ONEOK’s 4th quarter …

Continue reading »

Space Authority to meet next month

The  Wednesday meeting of the Oklahoma Space Industry Development Authority was cancelled. It was to be a regularly scheduled meeting of the board. The next meeting will be held in Burns Flat on May 8.

Environmental group loses in bid to stop Senate confirmation of Oklahoma Supreme Court Justice Wyrick

So much for the opposition and attempts of one environmental group to block the Senate confirmation of Oklahoma Supreme Court justice Patrick Wyrick to be a federal judge. The U.S. Senate voted 63-57 along party lines on Tuesday to confirm Wyrick to become a U.S. District Court Judge in Oklahoma City.  As OK Energy Today …

Continue reading »

EOG Resources brings in big producer in far western Oklahoma

Houston’s EOG Resources Inc. filed four completion reports in Oklahoma this week and the largest was a far western Oklahoma well with nearly 1,200 barrels a day of oil production. The Anadarko Basin is one of the company’s areas of focus in the U.S. and its efforts close to the Texas state line proved successful. …

Continue reading »

ConocoPhillips to release 1Q 2019 earnings late in April

ConocoPhillips plans to release its first-quarter 2019 financial and operating results on April 30. The reports will be released prior to the opening of markets on that morning. Management will then hold a conference call at 11 a.m. CDT to discuss the results. The company reported fourth-quarter 2018 earnings of $1.9 billion or $1.61 a …

Continue reading »

Gasoline prices soar due to ethanol shortage caused by March floods

The jump in gasoline prices is being blamed in part on the March floods that trapped barrels of ethanol in Iowa and Nebraska, corn-producing states that contributed heavily to the manufacture of the fuel. The historic floods have dealt a series of blows to large swaths of an ethanol industry that was already struggling with …

Continue reading »

Environmental group opposes Supreme Court Justice’s nomination to be federal judge

The President’s nomination of Oklahoma Supreme Court Justice Patrick Wyrick for a federal judgeship in Oklahoma City is opposed by one environmental group. The head of the League of Conservation Voters sent a letter to U.S. senators this week asking them to oppose Wyrick’s nomination to be a U.S. District judge for the Western District …

Continue reading »

Colorado mining company excited about ‘vanadium’ find in Alabama

Colorado-based Westwater Resources Inc. announced it’s beginning a new drilling and sampling exploration plan to find vanadium resources. The company, headquartered in Centennial said it has five target areas at its Coosa Project in Alabama. Vanadium is considered a medium-hard, ductile steel-blue metal but it is also harder than most metals and steels. It has …

Continue reading »