Oklahoma energy market reacts to oil and gas price declines A sharp drop in energy fuels on Tuesday marked another difficult day for the crude oil and natural gas markets, as both commodities continued a three-day slide. Crude oil prices fell nearly 2%, and natural gas prices dropped more than 4%, signaling growing market unease …
Oklahoma City-Based Driller Prepares Quarterly Update Gulfport Energy, headquartered in Oklahoma City, will release its third quarter earnings report on November 4, following an aggressive plan to expand drilling operations.The company allocated $75 to $100 million after the second quarter to acquire additional acreage for oil and gas development. Investors are eager to see if …
Oklahoma Energy Stocks See Strong Gains Despite Falling Oil Prices Oil prices dropped to their lowest settlement since early May on Monday, but Oklahoma’s energy sector showed strength across the board.While crude prices faltered, natural gas prices jumped more than 12%, and nearly every Oklahoma-based energy stock ended the day in positive territory. Investors are …
