Author's posts
Tulsa’s NGL Energy to Release Earnings Feb. 9
We’ll soon learn how profitable 2017 and the fourth quarter were for Tulsa’s NGL Energy Partners LP. The company plans an earnings call on Friday, Feb. 9, 2018 at 10 a.m. Oklahoma time. Leaders will discuss the financial results for the quarter ending Dec. 31, 2017. NGL will distribute its earnings press release prior to …
4Q Cash Distribution at Cypress Energy is Flat
A fourth quarter cash distribution has been announced by Tulsa’s Cypress Energy Partners, L.P. The company declared a cash distribution of $0.21 per limited partner unit, an amount unchanged from the third quarter of 2017. It will be payable Feb. 14, 2018 to all unitholders of record on Feb. 7, 2018. Cypress is a company …
53rd Straight Quarterly Distribution Increase Announced by Holly Energy Partners
Holly Energy Partners, L.P., the Dallas company with refining and pipeline operations in Oklahoma declared a cash distribution of 65 cents for the fourth quarter of 2017. The company said the distribution compares to the 60 cents distributed in the fourth quarter of 2016. Holly Energy has increased its distribution to unitholders every quarter since …
Scott Pruitt’s Special Phone Booth Draws GAO Investigation
Not only are some Democratic members of Congress interested in the $25,000 secure phone booth in EPA Administrator Scott Pruitt’s office, so is the Government Accountability Office. It plans an investigation into Pruitt’s decision to have the specially designed booth installed in his office, according to E and E News and the Daily Caller. In …
OKC Based Love’s Travel Stops Expanding by 40 Stores in 2018
The Oklahoma City-based Love’s Travel Stops company announced this week it intends to open more than 40 new stores this year. The first to be opened is in Alma, Arkansas located at 8060 State Route 282 which is at exit 24 of Interstate 49. It is the company’s third location along the 500-mile stretch …
AG Asks FERC to Ensure Corporate Tax Savings Are Passed On to Customers
Oklahoma Attorney General Mike Hunter is asking federal regulators to pass along new corporate tax savings to utility customers. In a Jan. 19 letter to the Federal Energy Regulatory Commission, Hunter urged the commission law to make sure corporate tax savings from the new law result in utility savings for customers. The corporate income tax …
Baker Hughes Shutting Down South Oklahoma City Operations
World-wide operator Baker Hughes, now a GE company confirms it will close its operations in south Oklahoma as the firm pushes ahead with its merger that was announced last year. The firm’s artificial lift systems operation will be closed but it’s unclear how many jobs will be affected. Some positions from the former GE facility …
Two GOP Candidates for Governor Oppose Step Up Oklahoma’s Tax Hikes
While energy groups have come out in support of the tax-hike proposals from the civic and business group called Step Up Oklahoma, at least two GOP gubernatorial candidates are against them. Former US Attorney Gary Richardson of Tulsa and Kevin Stitt, a Tulsa businessman are against what Step Up has proposed, according to a Thursday …
Completion Reports Jan. 18, 2018–Jan. 24, 2018
The following is a list of Well Completions in the state as reported by the Oklahoma Corporation Commission for the period of Jan. 18, 2018 through Jan. 24, 2018. The display is in a spread-sheet form. But we hope to improve on it in the coming one to two weeks and COUNTY Well name OPERATOR …
No Letup in Drilling Interest in STACK and SCOOP
The latest drilling permits issued by the Oklahoma Corporation Commission revealing extensive drilling interest in several counties including eleven permits granted for Blaine County, one of three counties that make up the STACK play. Eleven were also granted to companies drilling in Kingfisher County, another of the STACK counties. As shown in the Permits to …