Aerospace manufacturer NORDAM announced it has emerged from bankruptcy after nearly crash-landing and filing Chapter 11 reorganization nearly 9 months ago. The Tulsa-based company stated that all creditors will get full payment. The emergence came after NORDAM.’s reorganization plan was approved by the U.S. Bankruptcy Court for the District of Delaware. NORDAM’s approval also came …
Electric-car maker Fisker is looking for a place to build a new manufacturing plant and eleven states are under review. Oklahoma is not one of the states. But the list includes California, Georgia, Indiana, Kentucky, Michigan, Missouri, North Carolina, Ohio, Tennessee, Texas and Virginia. Fisker is based in Los Angeles and is in the process …
A New York based investment group reported the recent disposal of more than 7 million shares in Tulsa’s NGL Energy Partners LP. HIghstar NGL Prism/IV-A Interco LLC made a filing with the Securities and Exchange Commission showing its sale of 7,468,874 shares in NGL at a price of $9.918 per share. Oaktree Capital Group Holdings …
You can forget any efforts in the U.S. Senate this year to restore the 2015 net neutrality rules adopted when President Obama led the country. This week, U.S. Senate Republican leader Mitch McConnell said the Democratic effort was “dead on arrival in the Senate.” His comments came as the House debated the plan to reinstate …
Management at Tulsa’s NGL Energy Partners LP say recent financial transactions have addressed the company’s debt and at the same time increased liquidity. Trey Karlovich, the Partnership’s Chief Financial Officer issued a statement this week. “We have made tremendous progress on improving our leverage, and we will continue to focus on our balance sheet …
Tulsa’s WPX Energy will release its first-quarter 2019 financial and operations results on May 2 of this year. Management will hold a webcast at 9 a.m. CDT on that Thursday. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the the company’s performance. Investors are encouraged …
The first-quarter 2019 earnings by ONEOK, Inc. will be released after the market closes on April 30, 2019. The company’s executive management will also take part in a conference call the next day on May 1 at 10 a.m. Central Daylight Time. It will be carried live on ONEOK’s website, www.oneok.com. ONEOK’s 4th quarter …
The Wednesday meeting of the Oklahoma Space Industry Development Authority was cancelled. It was to be a regularly scheduled meeting of the board. The next meeting will be held in Burns Flat on May 8.
So much for the opposition and attempts of one environmental group to block the Senate confirmation of Oklahoma Supreme Court justice Patrick Wyrick to be a federal judge. The U.S. Senate voted 63-57 along party lines on Tuesday to confirm Wyrick to become a U.S. District Court Judge in Oklahoma City. As OK Energy Today …
Houston’s EOG Resources Inc. filed four completion reports in Oklahoma this week and the largest was a far western Oklahoma well with nearly 1,200 barrels a day of oil production. The Anadarko Basin is one of the company’s areas of focus in the U.S. and its efforts close to the Texas state line proved successful. …