Energy Transfer Partners based in Dallas, the company behind the controversial Dakota Access Pipeline in South Dakota plans to releases its second quarter earnings report on Aug. 8. The company already approved a quarterly cash distribution of $0.565 per common unit which translated to $2.26 on an annualized basis. It was also the same distribution …
Second quarter results will be released later in August by Tulsa’s Cypress Energy Partners, L.P. which also declared a cash distribution of 21 cents a share. The company’s board of directors approved the cash distribution which will be payable on Aug. 14 to all unitholders of record on Aug. 7, 2018. The 21-cents is the …
Midstates Petroleum Company, Inc. of Tula is planning to release its second quarter 2018 earnings report on Aug. 2. The Thursday release will be made after the close of trading on the New York Stock Exchange. Then company leaders will hold a conference call on Friday, Aug. 3 at 8 a.m. Central time to discuss …
A Tulsa energy company’s appeal of a judge’s decision to create a class-action lawsuit filed against it over the 2011 earthquake near Prague has resulted in a delay of the trial. The decision was made last spring by Judge Lori Walkley who ruled that residents and businesses in a nine-county area could join the lawsuit …
With the U.S. House in recess, no hearings on energy will be held in the coming week. Oklahoma Congressman Markwayne Mullin and others on the House Energy and Commerce Committee do not have any hearings scheduled so far for August. Over in the Senate, Oklahoma Senator Jim Inhofe and other members of the Senate Committee …
Despite the 109 degree temperatures of last week in Oklahoma, power usage did not hit a record high. At least that’s the word from OGE spokeswoman Kathleen O’Shea. “While OGE did hit a system load high for this year on 7/20, it was considerably less than last year’s high,” she said in an email response …
Kingfisher County continues to be the king of Oklahoma’s STACK play, as the latest completion reports published by OK Energy Today showed 17 more new wells. Ten of the wells were completed by Gastar Exploration of Houston, Texas. Newfield Exploration, the company in a water line fine with Kingfisher County Commissioners reported 6 completed wells. …
Oklahoma Congressman Markwayne Mullin contends President Trump’s major policies are working and have resulted in lower taxes in Oklahoma. In a weekly release, he wrote of a White House event: “This week at the White House, President Trump held the second annual ‘Made in America’ showcase. Representing Oklahoma at the showcase was Round House Jeans, …
A major expansion has been announced by Williams Partners L.P and Crestwood Equity Partners LP of their gas gathering system in Wyoming. The Jackalope Gas Gathering System is associated with the Bucking Horse gas processing facility in the Powder River Basin Niobrara Shale play. The expansion will increase processing capacity to 345 million cubic …
After a second quarter 2017 loss of more than $3 billion, ConocoPhillips reports turning things around with a second-quarter 2018 earnings of $1.6 billion. It figures to an increase of $1.39 a share compared to the $2.78 a share loss reported a year earlier. Excluding special items, second quarter adjusted earnings this year were $1.3 …