After a second quarter of $1.31 billion in net income, Energy Transfer LP prepares to release its third quarter earnings report in early November. The Dallas-based company, with offices in Oklahoma City and operations throughout the state and the nation, plans a release on Wednesday, Nov. 6 after the market closes. A conference call …
** Stellantis (STLA) reported another quarter of plunging sales as the company behind brands such as Jeep and Chrysler attempts to fix its so-called “disaster.” The automaker sold 305,294 vehicles in the U.S. between June and September, a 20% decline compared with a year earlier. That follows a second quarter marked by a similar 21% year-over-year decline. ** -Rivian Automotive has …
Crude oil prices had their biggest weekly gains in more than a year because of the expanded fighting in the Middle East where Israel launched a ground attack on Hezbollah in Lebanon and Iran opened fire with a missile attack on Israel. As a result, nervous investors still feared the attack might lead to destruction …
ConocoPhillips just made a $300 million acquisition of some of Chevron’s operations on Alaska’s North Slope. The purchase involved parts of the Kuparuk and Prudhoe Bay oil fields which were owned by Chevron USA. The deal is expected to close by the end of the year, according to the Alaska Beacon. Click here for …
The Oklahoma Turnpike Authority recently announced three internal promotions. Jeff Garder recently was promoted as the Director of Construction. Ladan Nelson recently was named as the OTA’s Project Coordinator for the ACCESS Oklahoma long-range plan while Nandi Taggert was named the Director of Customer Service. “We are pleased to see these new leaders rise …
Ratepayers of Kansas Gas Service, one of the subsidiaries of ONE Gas in Oklahoma will see their monthly utility bills go up after the firm won a rate hike from the Kansas Corporation Commission. The KCC approved a $35 million rate hike which means the average ratepayers, out of the company’s 650,000 residential …
Crude oil prices didn’t just gain on Thursday as the Middle East fighting expands and boils over, they soared, going up close to $4 a barrell. And Oklahoma energy stocks shot up as well with one firm seeing a nearly 10% gain for the day. It’s a sign that investors believe Israel’s response to Hezbollah …
The latest drought monitor shows the driest areas of Oklahoma are mostly in the southwest corner of the state with some areas in the northeast. Based on the Oklahoma Mesonet Report issued Thursday, it clearly shows a strong need for rain. The Drought Monitor also showed that September indicated which parts of the …
A big change has been announced regarding the government’s training of air traffic controllers at its Oklahoma City academy. The Federal Aviation Administration announced the addition of two more training centers and both are at Oklahoma educational centers. TheFAA signed agreements with Tulsa Community College and the University of Oklahoma to become the first …
A 400-mile high-voltage transmission line from one tip of Oklahoma to the other was among four projects receiving $1.5 billion this week from the U.S. Department of Energy, projects aimed at strengthening the nation’s electricity grid. Supported by the Bipartisan Infrastructure Law and administered through DOE’s Grid Deployment Office (GDO), the projects selected for …
