NGL Energy Partners LP in Tulsa said this week a delay in the availability of its 2023 Investor Tax Packages is due to ongoing deliberation on Capitol Hill. Usually, the packages are available in early March but in an announcement, NGL said the timing of the 2023 Investor Tax …
Read More »Stormy spring-like weather could hit Oklahoma this week
Oklahoma could see some of the first violent weather of the year this week. Violent in terms of large hail and damaging winds. Climatologist Gary McManus with the Oklahoma Mesonet put it this way in his Tuesday morning Mesonet update. “It’s still early in the forecast period for this, being 3 …
Read More »SandRidge Energy’s 4Q financial results to be declare this week
SandRidge Energy will release its fourth quarter and full year 2023 financial report this week. Details will be made available after the close of trading on Wednesday, March 6. Company leadership will discuss the results during a Thursday morning conference call scheduled for 10 o’clock on March 7. SandRidge …
Read More »Crude oil prices dropped on Monday along with OK energy stocks
Monday saw a drop in crude oil and natural gas prices in the US and across the world while Oklahoma energy stocks dropped as well. West Texas Intermediate crude for April delivery tumbled $1.23 per barrel to $78.74 on the New York Mercantile Exchange. Global benchmark Brent crude dropped 75 …
Read More »Young House Speaker designate to lead issues on energy next year
A state legislator from Bristow, Rep. Kyle Hilbert will be the top man in charge of the state House next year and he will be responsible for leading efforts to handle energy bills and legislation. Hilbert is the new Speaker Pro Tempore after being elected Monday morning by the …
Read More »Federal regulators are close to decision on transmission line buildout
Federal regulators might decide in a matter of a few weeks on a final rule regarding transmission lines and how they are sited and how their costs are shared between states. It could have a big impact in Oklahoma where there has been an ongoing debate over whether to …
Read More »Red cedar tree infestation adds to wildfire dangers in Oklahoma
Fourteen years after former Oklahoma City Rep. Richard Morrissette convinced the legislature that the state’s red cedar tree infestation was becoming a serious fire and water issue, it remains so. Back in 2010, Morrissette’s work led to the Eastern Redcedar Initiative Act signed into law by Gov. Brad Henry. …
Read More »ONEOK’s annual meeting date is set
ONEOK set the date for its annual meeting in May. The company said it will be a virtual only meeting on Wednesday, May 22 and will begin at 9 a.m. Central Time. It will be available through a live webcast. Registration will open on April 3. The record date …
Read More »EPA steps away from rule on gas-fired power plants
The Biden Administration and its Environmental Protection Agency are backing off deeply opposed plans to apply restrictive climate rules on the 2,000 gas-fired power plants across the U.S., including those in Oklahoma. But it is only temporary—until after the November election. The rule drew a rebuke last summer of …
Read More »Chesapeake Energy and Southwestern Energy proposed shareholder meetings to decide on merger
Oklahoma City’s Chesapeake Energy and Houston’s Southwestern Energy Company are preparing for virtual meetings of shareholders to approve the merger they announced in January. The all-stock transaction valued at $7.4 billion was announced January 10 and at the time, the two firms revealed a new company name would be chosen …
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