After reporting a profit for the fourth quarter of 2017, Tulsa-based Williams reported this week a $572 million loss in the fourth quarter of 2018. It also reported a loss of $156 million for all of 2018 compared to 2017. The per share loss came to 47 cents for the fourth quarter and 16 …
HollyFrontier Corporation, the owner of a refinery in Tulsa as well as others in Kansas, New Mexico, Wyoming and Utah announced a quarterly dividend this week. The Dallas firm’s Board of Directors declared a 33-cent-a-share dividend payable on March 13, 2019 to holders of record of common stock on Feb. 27, 2019. HollyFrontier Corporation, headquartered …
An 18-cent-per-share dividend has been declared by Halliburton Company. The board of directors declared the dividend for the 2019 first quarter and stated it will be payable on March 27, 2019 to shareholders of record at the close of business on March 6, 2019. The company’s annual meeting of shareholders will take place on May …
The state government in Oklahoma reports General Revenue Fund collections for January came in nearly 9 percent higher than the monthly estimate. Gross Production Tax revenues from oil and gas were nearly 98 percent higher than the estimate. The Oklahoma Office of Management and Enterprise Services reported the oil and gas taxes totaled $77 million …
For those who think vandalism and accidents involing traffic lights on Tulsa city streets is a minor affair, TV station KOTV News on 6 reported this week the cost of replacing and repairing the lights has run nearly $6 million over the past four years. Here’s what the station found: Despite millions of dollars spent …
Tulsa-based NGL Energy Partners LP announced it’s called for the redemption of more than $328 million in outstanding senior notes. The company called for redemption of $328,005,000 aggregate outstanding principal amount of its 5.125% Senior Notes due this year. On March 15, 2019, the registered holders of the notes will get a redemption payment …
When the U.S. Senate passed what some call the most sweeping conservation legislation in a decade this week, the vote was overwhelming—92 to 8. And Oklahoma Senators Jim Inhofe and James Lankford were among the eight who opposed the measure. They were joined by Senators Cruz of Texas, Johnson of Wisconsin, Lee of Utah, Paul …
American Electric Power, the parent company of Public Service Company of Oklahoma is expanding its energy reach in a more than $1 billion purchase of Sempra Renewables LLC. Sempra has 724 MW of wind and battery assets and is headquartered in Columbus, Ohio. AEP will pay $1.056 billion for Sempra’s wind assets. The deal includes …
He ran for Oklahoma Attorney General last year and lost and now finds himself sued by the federal government. Tulsa attorney Gentner Drummond is accused by the U.S. Army Corps of Engineers of spraying herbicide that killed more than 40,000 trees around Birch and Skiatook lakes in northeast Oklahoma. The lawsuit also filed against the …
CorEnergy Infrastructure Trust, Inc., the Kansas City real estate investment trust that owns pipelines, storage terminals and transmission assets announced the promotion of three company executives. David Schulte added the role of Chairman of the Board of CorEnergy to his position as President and Chief Executive Officer as of January 1, 2019, as previously announced. …