Q3 Results Release for Mach Third quarter financial results for Mach Natural Resources will be released this week. However, the Oklahoma City company plans to make the results known on Thursday, November 6 after the close of trading on the New York Stock Exchange. Therefore, traders will digest the data after market close and react …
Tag: natural gas
Oil Prices Fall After Fed Rate Cut and Trump-Xi Talks
Crude Oil Prices Slip Amid Trade Uncertainty A combination of the Federal Reserve’s latest rate cut and the meeting between President Donald Trump and Chinese President Xi Jinping sent crude oil prices falling on Thursday.Early trading showed the decline continuing through the afternoon, with U.S. benchmark West Texas Intermediate (WTI) crude closing at $60.25 per …
Trying to understand why electric rates are rising
Oklahoma Electricity Rates Remain Affordable Despite National Increases While it might appear that electricity rates in Oklahoma are climbing due to recent utility rate hikes, a new New York Times report shows that Oklahoma continues to rank among the nation’s most affordable states for electricity. According to the Times’ analysis, Oklahoma’s cost of electricity rose …
Oil Prices Rise as U.S. Crude Inventories Drop
Oil Prices Strengthen After EIA Reports Big Inventory Decline Oil prices rose on Wednesday after data revealed that U.S. crude and fuel inventories fell more than expected last week. The surprising drawdown came as President Donald Trump’s positive outlook on upcoming U.S.–China trade talks helped ease economic concerns. Brent crude futures climbed 52 cents, or …
ONEOK Reports Higher Q3 2025 Results and Strong NGL Growth
Strong Net Income and EBITDA Growth ONEOK, Inc. (NYSE: OKE) announced higher third quarter 2025 financial results, highlighting steady performance across its assets and reaffirming full-year guidance for net income and adjusted EBITDA. The company reported net income of $940 million, equating to $1.49 per diluted share, and an adjusted EBITDA of $2.12 billion, which …
Energy Fuels Drop as Crude Oil and Natural Gas Prices Fall
Oklahoma energy market reacts to oil and gas price declines A sharp drop in energy fuels on Tuesday marked another difficult day for the crude oil and natural gas markets, as both commodities continued a three-day slide. Crude oil prices fell nearly 2%, and natural gas prices dropped more than 4%, signaling growing market unease …
OPEC Plans Send Oil Prices Lower as Gas Prices Rise
OPEC Plans Send Oil Prices Lower as Gas Prices Rise Plans by OPEC to raise oil output sent crude prices slightly lower on Monday, while natural gas jumped more than 4%. Oklahoma analysts say the shift could influence local producers heading into winter. OPEC Meeting Sends Mixed Signals Investor optimism over a possible U.S.–China trade …
Oil prices dropped while natural gas shot up Monday
Oklahoma Energy Stocks See Strong Gains Despite Falling Oil Prices Oil prices dropped to their lowest settlement since early May on Monday, but Oklahoma’s energy sector showed strength across the board.While crude prices faltered, natural gas prices jumped more than 12%, and nearly every Oklahoma-based energy stock ended the day in positive territory. Investors are …
Don’t expect much change in your winter heating bills
EIA Winter Fuels Outlook Highlights Steady Costs The U.S. Energy Information Administration (EIA) released its 2025 Winter Fuels Outlook, predicting that heating costs across the nation—including Oklahoma—will vary based on fuel type. The report shows that most natural gas users will see similar bills to last winter, while electric heating households may pay slightly more. …
Oil/gas rig numbers climb in Oklahoma and US
Rig activity rises across Oklahoma Oklahoma drilling picked up again this week. The state added two rigs, lifting the total to 42. Crews focused on western Oklahoma, where operators continue to chase liquids-rich rock. Field chatter pointed to activity in the Cana Woodford and Granite Wash. STACK and SCOOP also showed steady work. The national …