Oklahoma business briefs for Jan. 28

Oklahoma business briefs for Jan. 28
Published: January 28, 2014


Cattlemen's bans smoking

Cattlemen's Steakhouse will no longer allow smoking, owner Dick Stubbs announced Monday. Cattlemen's had been one of the first restaurants in Oklahoma to establish a smoking room after the state made such sections legal in 2006.

Williams Partners raises payout

Williams Partners LP is increasing its quarterly cash distribution to 89.25 cents a unit. The distribution, which is up 7.9 percent over last year, will be paid on Feb. 13.

Edmond oil marketing firm sold

Edmond-based oil marketing company Canadian Press Energy has been acquired by Texoma Transportation and Crude Marketing LLC, the Texas company announced Friday. Terms of the deal were not disclosed. Canadian Press Energy has operations in Oklahoma, Texas and Kansas. “As a result of this transaction, we will be able to provide our current and future customers a broader product offering through a better-capitalized company, and with the same high-quality customer service we have always provided,” Canadian Press Energy co-founder Jim Crossen said.

Williams Cos. to pay dividend

The Williams Cos. Inc. will pay a fourth-quarter dividend of 40.25 cents a share. That is almost a 6 percent increase over Williams' previous quarterly dividend. It will be paid on March 31. Williams has paid a common stock dividend every quarter since 1974.

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