Nine Energy to release earnings report in March

  One of the companies exploring Oklahoma’s STACK and SCOOP plays is Nine Energy Service, Inc. of Houston and it intends to release its earnings report in March. The company said the release of the fourth quarter and full-year 2018 earnings will be released March 6, 2019 after the markets close. Company management will hold …

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NGL director steps down from board

  Tulsa’s NGL Energy Holdings LLC announced the resignation of a member of its board of directors. In a filing this week with the U.S. Securities and Exchange Commission, the company stated that Vincent J. Osterman notified the firm that he was resigning as a member of the board of directors of the General Partner …

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Anti-Keystone Pipeline group uses controversial video to raise money

The Native American activist at the center of the controversial video of a confrontation with students at marches in Washington, D.C. is known to some who are fighting the Keystone XL pipeline. And the fact that Nathan Phillips, a member of the Omaha Tribe was there playing a drum and chanting is being used by …

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Agreement means new pipeline to be built carrying Wyoming and Colorado crude to Cushing

Kansas City’s Tallgrass Energy, LP says it will work with Kinder Morgan, Inc. in development of a solution to increase the existing crude oil takeaway capacity in Colorado and Wyoming. A new pipeline carrying crude to Cushing will be built as part of the agreement. The two companies announced their plan will target the growing …

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Slowdown in the oil fields shows in 4Q earnings report by Halliburton

While income was up for Halliburton in the fourth quarter of 2018, its total revenue was down from the third quarter of the year. And the revenues reflected a soft quarter for operations in the U.S. and Canada. The company, which has major operations in Duncan and across Oklahoma announced total revenue was $5.9 billion, …

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Increased dividend declared by Phillips 66 Partners LP

Phillips 66 Partners LP announced an increased quarterly dividend of 84 cents a share. The company’s board of directors declared the fourth-quarter 2018 cash distribution to be $0.835 per common unit. It is a 5.4 percent increase over the third quarter 2018 distribution which was 79 cents and a 23.2 percent jump over the fourth-quarter …

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Circle K makes fuel changes at some of its stores

Instead of offering a variety of gasoline products at its stores in Missouri and Illinois, Circle says it will pump only Circle K fuel. The company said the Circle K fuel only will be at the 132 stores in the two states by the end of the month. The sites are primarily in the St. …

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Dividend declare by NGL Energy Partners LP

Tulsa’s NGL Energy Partners LP announced a 39 cent a share quarter dividend on company shares. It translates into a $1.56 per unit on an annualized basis for the quarter that ended Dec. 31, 2018. The distribution will be payable Feb. 14, 2019 to common unitholders of record at the close of business on Feb. …

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Swapping shares for a profit

How do you make money investing in energy stocks?  By the way Baker Hughes director Clarence P. Cazalot Junior did in the past several days. A Baker Hughes filing with the Securities and Exchange Commission reflected his purchase of 1,028 shares at $11.68 each which figured to a cost of $12,007. But on the same …

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ONEOK will release its 2018 earnings report in late February

Tulsa-based ONEOK, Inc. plans to release its fourth-quarter and year-end 2018 earnings report after the market closes on Feb. 25, 2019. Executive management will hold a conference call the next day, Feb. 26 at 10 a.m. Central Time. The company had a big third quarter 2018. As it reported in October, there was a 40 …

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