Our current eagle soothed the feathers of traders and investors last week.
Shares of Tulsa-based WPX Energy jumped 7.2 percent after the firm announced several transactions aimed at boosting margins.
Essentially, the company sold its coal bed methane holdings while loading...
By Paul Monies, Business Writer | Updated: Mon, Aug 11, 2014
Oklahoma Gas and Electric Co. fought a federal plan to reduce coal emissions that affected visibility at national parks and wilderness areas. Now the utility wants to spend $1.1 billion under a plan to comply with environmental rules and to replace an old natural gas plant. Residential customers...
CEO Jim Palm said 90 percent of Gulfport's production is oil, including sweet crude from Louisiana that sells at about a $25 premium to the West Texas Intermediate produced in Oklahoma and surrounding states.