Several of the members of the management team at Oklahoma City’s Chesapeake Energy who made large purchases of stock in the past several weeks have sold some of those shares for more than $700,000. A company filing with the Securities and Exchange Commission showed President and Chief Executive Officer Robert D. Lawler disposed of 95,883 …
An 86 cent-per-share dividend was declared by ONEOK’s Board of Directors this week. It represented a 12 percent increase over the dividend announced by the company in January of 2018. And it translates into an annualized dividend of $3.44 a share. The dividend will be payable Feb. 14, 2019 to shareholders of record at the …
Under a series of bills filed this week by Oklahoma Senate President Pro Tempore Greg Treat, the governor of Oklahoma would have more appointment power of five top agency directors including the Department of Transportation. Treat’s Senate Bill 457 would grant authority to the governor to appoint the director of the DOT. It would have …
The release of the fourth quarter 2018 earnings report by Murphy Oil, the company based in El Dorado, Arkansas will be made Jan. 31. The report will be available and senior management will hold a conference call and webcast for investors and analysts at 8 o’clock central time on the same day. The company had …
The Corporation Commission has initiated its review of possible new rules and regulations governing railroads in the state. And as OK Energy Today reported earlier in the week, one focus is the blocking of railroad crossings by trains. Here’s how News 9 TV reported the hearing. It’s a sight that can easily derail your whole …
An investigation is underway into the reported breach of millions of files of state data. The State Department of Securities confirmed what it called an “inadvertent” release of data but it’s unclear if the data might have involved matters related to the energy industry in Oklahoma. However, a report by KFOR TV indicated the original …
Southern Kansas was the site of one of the latest earthquakes in the Oklahoma region this week. A 2.9 magnitude quake was recorded Wednesday night around ten o’clock with an epicenter a few miles from Hawk, Kansas. The small community’s about 50 miles southwest of Derby, Kansas and only 47 miles from Enid, Oklahoma. …
Oklahoma’s congressional delegation in the U.S. House showed its political division this week when the House failed to pass a measure pressuring Republicans to reopen closed agencies including the EPA and the Interior Department. It was to have been a short-term funding bill to reopen nine federal departments through Feb. 1 but H.J. Res. 27 …
In a move that will have direct impact on pipelines and oil terminals in Oklahoma, San Antonio-based Valero Energy Corp. has wrapped up a $950 million merger with a subsidiary. With the merger, Valero is taking over operations of Valero Energy Partners LP at $42.25 per share. The master limited partnership has storage terminals as …
Environmentalists aren’t the only ones who show they can lobby someone in Colorado. It’s where the state’s new governor Jared Polis, a Democrat has been lobbied not to enact a moratorium on all new oil and gas drilling in the state. It’s a moratorium that could directly affected a lot of Oklahoma based energy companies …