Tulsa-based Helmerich and Payne, Inc. reported quarterly income of $2.5 million or 2-cents a diluted share as the company expands its rig numbers and anticipates increased revenue. The company said it had operating revenues of $697 million for the quarter that ended Sept. 30 compared to a net loss of $8 million or 8 …
While Oklahoma’s rig count slipped by two to 146, the national rig count increased by one to hit 1,082 according to oil and gas groups. Oklahoma’s count of 146 working oil and gas rigs compares to 122 in the state a year ago, according to Baker Hughes Co. Nationally, the increased count included two more …
A state legislator is asking the Colorado Attorney General to investigate Gov. John Hickenlooper for allegedly flying on a corporate jet owned by Tesla to visit its plant in Nevada. Sen. John Cooke made the request this week of Attorney General Cynthia Coffman claiming Hickenlooper took the flight just before ordering Colorado to take up …
The frigid blast of pre-winter weather has some concerned about natural gas supplies and whether they’re adequate to meet the winter demand. Temperatures plunged in Oklahoma in the past week into the teens while wind chills were in the single digits. But natural gas prices backed off after climbing to their highest level in eight …
A filing with the Securities and Exchange Commission was made this week by OGE Energy Corporation, reflecting an increase in the shares held by one director. The filing showed that Frank A. Bozich, a director for the company acquired 10,000 shares in OGE. The acquisition was made Nov. 14, 2018.
Dallas-based Pioneer Natural Resources Company announced it intends to close one of its sand mines and move operations to the western part of Texas, all in the name of cutting costs and saving money. The sand mine located at Brady, northwest of Austin is being shut down in the first quarter of 2019 when the …
Tulsa’s Williams company has reached out to Brazos Midstream to form a joint venture for storage and movement of oil and gas out of the Delaware Basin in west Texas. It’s an expansion of energy operations for Williams, an Oklahoma company that already has 33,000 miles of pipeline operations across the U.S. Under the agreement, …
The leader of one of the major pipeline and storage companies at Cushing, Oklahoma has been named Entrepreneur of the Year 2018 in the Energy and Natural Resources category. David Dehaemers Jr. is President and CEO of Kansas City-based Tallgrass Energy, LP and was honored this week in Palm Springs, California. The award honors entrepreneurs …
NGL Energy Partners LP in Tulsa made a series of filings this week with the Securities and Exchange Commission reflecting transactions of shares owned by company management. In the filings, four officers indicated their sale or acquisition of company shares. Chief Financial Officer and Executive Vice President Robert W. Karlovich III disposed of more than …
The brisk winter weather this week didn’t stop those whose business is energy from attending HartEnergy’s DUG Midcontinent conference in Oklahoma City. At least 100 exhibitors displayed their products and attempted to attract new customers. From major companies such as Halliburton to Black Mountain Sand, they filled part of Oklahoma City’s downtown Civic Center. …