Filings with the Securities Exchange Commission were made this week by Oklahoma Gas and Electric reflecting the disposal of shares by three directors. Jean C. Leger Jr. who is Vice President of Utility Operations disposed of 20,374.8446 shares valued at $42.24 each. Jerry A. Peace, the company’s Vice President of Integrated Resource Planning and …
Tulsa-based ONEOK, Inc. announced its annual shareholders meeting will be held Wednesday, May 22, 2019. It will begin at 9 a.m. and also be audio webcast on ONEOK’s website, www.oneok.com. The record date to determine shareholders entitled to receive the notice of the meeting and to vote is March 25, 2019.
The Public Utility Division (PUD) of the Oklahoma Corporation Commission announced it has reached a proposed settlement with Public Service Company of Oklahoma (PSO) in PSO’s rate case. PSO originally requested an $88 million overall rate increase, resulting in an estimated $7 monthly increase for the average residential customer. Under the settlement, the overall …
The Oklahoman newspaper reports that the FBI has been investigating former Marathon Oil Corp. chairman Dennis Reilley of Oklahoma City on allegations of insider trading. In a story this week, the paper said the 66-year old had been a target of the FBI probe regarding a 2014 merger of two medical companies. It came as …
Remember the Dakota Access pipeline and the encampment by thousands of protesters? The company behind the line, Energy Transfer Partners of Dallas has renewed legal efforts targeting the Greenpeace environmental group. After a federal judge in North Dakota tossed the company’s $1 billion racketeering claim, Energy Transfer Partners filed suit in state court in North …
Houston liquefied natural gas company Cheniere Energy closed 2018 with a $471 million profit as LNG exports continue to grow. Cheniere is building a nearly 200-mile natural pipeline across Oklahoma to carry natural gas from the STACK play to connections in southern Oklahoma. The company reported making $67 million of net income on nearly $2.4 billion …
BNSF Railway Company announced it intends to spend $105 million this year on making improvements to its operations in Montana. Most will be spent on planned maintenance such as replacing and upgrading rail, rail ties and ballast. The $105 million is on top of the $800 million BNSF has spent in the past five years …
The Williams Cos. will reach out to potential investors at the upcoming 40th Annual Raymond James Institutional Investors Conference in Orlando, Florida. President and Chief Executive Officer Alan Armstrong will make a presentation on Tuesday, March 5, 2019 at 3 p.m. Central Time. A link to the live webcast of Mr. Armstrong’s presentation, along with …
Chesapeake Energy reported its earnings for 2018 and the fourth quarter of the year were both slightly lower than a year earlier. While also reducing some of its debt by nearly $2 billion, the company reported 2018 net income available to shareholders totaled $775 million or 85 cents a share but the adjusted earnings were …
A report states that new test results from Public Service of Oklahoma show groundwater near the company’s Oologah power plant contains high levels of the chemical lithium. But PSO maintains it is not in the drinking water sources for the nearby city of Oologah. The company told News on 6 in Tulsa that it is …