While some candidates were celebrating their election night victories, state leaders were excited over Oklahoma’s newest employment figures. The state’s energy industry can take some of the credit. Every one of the 77 counties in the state reported lower unemployment rates for September, according to the Oklahoma Employment Security Commission. And all 77 county rates …
Even as Newfield Exploration based in Houston came under new ownership, Newfield hasn’t backed off its oil and gas exploration in Oklahoma’s STACK play. The latest reports for permits to drill issued by the Oklahoma Corporation Commission show Newfield was issued 8 of the 9 permits for drilling in Kingfisher county. It’s planning 8 wells …
Oklahoma’s two oil and gas trade groups have made it official—they’re merging. Members of the Oklahoma Independent Petroleum Association voted this week to merge with the Oklahoma Oil and Gas Association. OKOGA had earlier given its approval to the deal. The new single organization will represent the oil and gas supply chain in the state. …
Oklahoma’s rejection of a Vision Tax Fund on oil and gas revenue proved to be one of a handful of energy related issues that died at the ballot box. We told you how Proposition 112 was killed by Colorado voters then Arizona voters said no to increasing the state’s reliance on alternative technology. Montana voters …
The third quarter earnings of Tulsa-based Cypress Energy Partners, L.P. will be released next week. The company plans to release the financial results on Monday after the close of trading on the New York Stock Exchange. It will hold a conference call Tuesday, Nov. 13 at 9 a.m. CST where leadership will discuss the results. …
So much volume is coming from around the U.S. that Dallas-based Energy Transfer LP and its subsidiary Lone Star NGL LLC plan to build a seventh natural gas liquids fractionation operation at Mont Belvieu, Texas. The company also plans an expansion of a pipeline serving the Permian Basin. They call it “Fractionator VII” and …
Halliburton Company’s declared an 18-cent a share dividend for those who have ownership in the company stock. The board of directors approved the 2018 fourth quarter dividend on the company’s common stock and it will be payable Dec. 27, 2018 to shareholders of record at the close of business Dec. 6, 2018. The company …
Electricity supplier Evergy, Inc., the newly-created firm based in Kansas City, Missouri says its third quarter earnings shot up from $158 million a year ago to $355 million this year. The $355 million translated to a $1.32 a share earnings, a 21 cent increase over what shares earned at the end of the third quarter …
Tulsa-based NGL Energy Partners LP announced its second quarter net income of $354.9 million—far better than the $173.6 million it lost a year ago. Net income for the quarter included a gain of $408.6 million on the sale of the company’s remaining Retail Propane segment. NGL’s second quarter ended Sept. 30 and the adjusted earnings …
Anyone with shares in OGE Energy Corp. received third quarter earnings of $1.02 a share according to the earnings report announced by the company on Thursday. Net earnings totaled $205 million, up from the $183 million reported a year earlier. The earnings were up from the 92-cents a share reported for the third quarter of …