Oklahoma is far from top states for business

    Oklahoma is far from making CNBC’s list of “America’s Top States for Business in 2019. The state is ranked 43rd worst based on a study that ranks states for business competitiveness.  Some of the categories used in creating the ranking are the workforce, economy, quality of life and cost of doing business.   …

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OKC voters okay new ONG franchise agreement

A change to the Oklahoma Natural Gas franchise agreement with Oklahoma City was approved by voters in Tuesday’s election day. Voters also approved a City Charter amendment. The change to the ONG franchise agreement affects franchise fees paid by ONG to the city. After negotiations, the City and ONG agreed the definition should include certain …

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Dividend declared by Phillips 66

Shareholders in Phillips 66 are getting a 90-cent a share quarterly dividend. The board of directors declared the dividend and it will be payable on Sept. 3, 2019 to shareholders of record as of the close of business on Aug. 20, 2019. The company also declared a 90-cent dividend in early May.  

Senator predicts Iran will come to the negotiating table

  Oklahoma U.S. Sen. James Lankford says sanctions against Iran are working and he predicts the country will eventually sit down and negotiate with the U.S. about nuclear weapons development. “Iran will come to the negotiating table but it’s gonna take several years to get them there,” said the Republican Senator in an interview with …

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ONE Gas to release earnings report at the end of the month

  Tulsa-based ONE Gas, Inc. plans to release its second-quarter 219 earnings report after the close of markets on Monday, July 29, 2019. Executive management will take part in a conference call the next day, Tuesday, July 30 at 10 a.m. Central Time. The call will also be carried live on the ONE Gas website. …

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Permian Basin sees another long-term natural gas transportation deal

Another transportation deal has been announced in the Permian Basin of southeast New Mexico. Lucid Energy Group has executed a new long-term natural gas gathering and processing agreement with XTO Energy, a subsidiary of ExxonMobil. XTO will deliver natural gas production from some of its leasehold position in southeastern New Mexico to Lucid’s South Carlsbad …

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Enable Midstream to release 2Q financial report

Enable Midstream Partners based in Oklahoma City will release its second quarter 2019 financial results before market hours on Tuesday, Aug. 6. The company management will also take part in a conference call at 9 a.m. Central Time on the same time where the results will be discussed. Enable’s first quarter results saw $122 million …

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FieldPoint board member retires

Austin-based FieldPoint Petroleum Corporation announced the resignation of one of its members of the Board of Directors. Dan Robinson, a member of the board since 2004 made the decision to resign and retire from all his business and board activities. He said he wants to travel and enjoy his “golden years.” FieldPoint Petroleum is engaged …

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ONEOK to release 2Q earnings report July 30

ONEOK, Inc. plans to release its second quarter 2019 earnings report after the market closes on July 30. Executive management will take part in a conference call the next day at 10 a.m. central time on July 31.  The call will also be carried live on ONEOK’s website. ONEOK’s first quarter operating earnings were 81 …

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New trial date for Chinese national accused of stealing Phillips 66 trade secrets

For a second time, the federal trial of a 35-year old Chinese national charged with stealing trade secrets from Phillips 66 in Bartlesville has been postponed to a new date. U.S. District Judge Gregory K. Frizzell on Monday ordered the new date for the trial of Hongjin Tan to be August 19, 2019. His decision …

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