Thursday , May 2 2024

OK Energy News

Chesapeake uses strong 2Q to change focus to Haynesville

        Chesapeake Energy Corporation reported 2022 second quarter financial and operating results and announced the company is taking actions to solidify its strategic focus on its core Marcellus and Haynesville positions. The company reported net cash provided by operating activities of $909 million and delivered adjusted EBITDAS …

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Growth reported by Gulfport Energy in 2Q

  Gulfport Energy Corporation reported $129.5million in net cash provided by its operating activities and $80.3 million of free cash flow in the second quarter of the year. Total net income was $256.6 million and $204.5 million of adjusted EBITDA. As a result, the Oklahoma City company increased its borrowing …

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Completion reports for August 2, 2022

GARFIELD COUNTY Coastal Plains Energy Inc Oswego(6200): Gas 15 Pump 6 21N 7W Da Enns 2-6, November 15, 2021 SH, GAS, TD: 7445 ft Lat: 36.32014, Long: -97.99055 API: 35047209810001 KAY COUNTY Barber Oil Llc Mississippi Lime: Oil 0.25 Gas 10 Water 8 Flow Mississippi Chat(3736): Oil 0.5 Gas 10 Water 5 Flow Skinner(3590): Oil 4 Gas 145 Water 90 Pump Cleveland(3156): Oil 13 Gas 210 Water 188 Pump Commingled: Oil …

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Mammoth Energy sees strong 2Q with more growth expected

  As Mammoth Energy Services reported a strong second quarter, the company went from a loss to a gain in its net income.   Total revenue was $89.7 million for the second quarter of 2022, as compared to $47.4 million for the same quarter last year and $62.3 million for …

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Record revenues for Tulsa’s Alliance Resource Partners

  Coal company Alliance Resource Partners, L.P. based in Tulsa reported a 70% increase in second quarter total revenues, reaching a record $616.5 million. The company said the amount compared to $362.4 million in the second quarter of 2021 as a result of higher coal sales prices and volumes, which rose …

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Manchin defends his support for Dems’ spending bill

  In case you missed it, West Virginia Sen. Joe Manchin faced some tough questions about his support for the Democrats spending bill that includes billions to fight climate change. It happened on Fox News Sunday. Click here for Fox News Sunday

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Edmond Begins Smart Meter Upgrade Project This Month

Edmond residents will receive a new technology boost as the city begins rolling out its upgraded Smart Choice meters in August. Smart Choice contractors are scheduled to begin an 18-to-24-month project, exchanging all the current electric and water meters for smart meters in homes and businesses throughout Edmond. Smart Choice …

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A 2Q increase in income for ONE Gas

  ONE Gas, Inc. reported an increase in its second quarter 2022 net income which totaled $32.1 million or 59 cents a share. The total compared to the $30.1 million and 56 cents a diluted share reported in the second quarter of 2021. The newest quarterly income brought the year …

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Williams reports strong second-quarter results and raises guidance

  Williams reported a 32% increase in its second quarter net income of $400n million which translated to a 33-cent a diluted share. The increase is compared to the second quarter of 2021 as the latest quarterly report showed adjusted net income of $484 million or 40 cents a diluted …

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Oklahoma Stock Closing Prices as of Friday, July 29, 2022

Alliance Resource Partners, L.P. 21.91 USD+0.02 (0.09%) Blueknight Energy Partners LP Common Stock 4.66 USD+0.0100 (+0.22%) Chesapeake Energy Ord Shs 94.17 USD+1.28 (+1.38%) Continental Resources, Inc. 68.89 USD+1.63 (2.42%) Coterra Energy Inc 30.59USD+0.77 (2.58%) Devon Energy Corp 62.85 USD+2.48 (4.11%) Empire Petroleum Corporation 11.00 USD+0.51 (4.86%) Gulfport Energy Corp 92.04 USD+0.49 (0.54%) Helmerich & Payne, Inc. 46.30 USD+1.97 (4.44%) LSB Industries, Inc. 13.81 USD+0.46 (3.45%) Laredo Petroleum …

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