Will Helmerich and Payne again improve on its quarterly financial report to be released in the next several weeks? It’s the question investors want answered as the Tulsa-based company prepapres to release its fourth quarter 2024 earnings report and hold a conference call on Thursday, Nov. 14. John Lindsay, President and CEO along with …
Twenty-four years after the discovery that a Texas pumping station was mistakenly placed in Oklahoma’s boundary of the Red River, the two states have reached an agreement on a new border. The agreement was reached at a recent meeting of the Red River Boundary Commission and it means the North Texas Municipal Water …
Some good news for investors of Phillips 66. The company declared a dividend for stock holders. The oil and gas company’s board of directors said the quarterly dividend amounted to $1.15 per share on Phillips 66 common stock. The dividend is payable on Dec. 2, 2024, to shareholders of record as of the close …
** Nearly half-a-million Floridians were still without power Monday morning, days after Hurricane Milton barreled through the state, tearing a path of destruction that was most severe on the west-central coast. ** Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the company’s $46 million sale …
We’ve reported on the changes at what once was Chesapeake Energy in Oklahoma City. Remember the old name on the campus in the northside of the city? It’s been changed to the new name, Expand Energy. Other changes are coming. The Oklahoman reported the company recently filed a $20 million building permit for the …
The expansion and development of pilot-less aircraft drew a lot of attention at a recent Kansas Aviation Summit. Deb Sanning, deputy regional administrator of the Federal Aviation Administration warned it is coming. Sanning told those on hand in Salina, Kansas that uncrewed flights are becoming more normalized because companies are investing in …
In their fifth deployment of the year in helping hurricane and other storm victims, Oklahoma Gas and Electric crews are helping restore power to Hurricane Milton victims in Florida. Millions were without electricity following the hit the state took last week from the Category 3 storm. At the request of Florida Power & Light, …
We will have to wait to see what this does to crude oil prices on Monday, but late Friday, the U.S. imposed sanctions on companies and ships that allegedly deal in trading and transporting Iranian oil. The sanctions, adopted after Iran’s recent missile attack on Israel, were implemented too late to affect Friday’s …
Crude oil prices finished down on Friday as a number of factors played a part in the slide. There of course was Hurricane Milton’s impact on fuel demand after the storm pounded Florida. Then, there is still what might happen in the Middle East where investors wonder whether Israel might attack Iran’s oil industry over …
The release of hydrogen sulfide that killed two workers Thursday at the Pemex petroleum refinery in Deer Park, Texas has come under investigation by a federal agency. The U.S. Chemical Safety and Hazard Investigation Board said it had launched an investigation. Two contract workers died in the incident and another 13 others were transported …