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Top News & Analysis Oklahoma

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  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude rose 35...

  • SINGAPORE, Aug 5- Benchmark Brent crude oil prices inched up just above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. "The market is still digesting news of Iran coming back with more supply," Ben Le Brun, a markets analyst at OptionsXpress in Sydney said. September Brent crude...

  • *U.S. crude gained 14 cents to $45.88 a barrel as of 0000 GMT. *Brent also rose 14 cents to $50.13 a barrel after previously settling up 47 cents, or 1 percent, at $49.99 a barrel. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 504,000 barrels, the American Petroleum Institute said.

  • WASHINGTON, Aug 4- Oklahoma regulators are imposing new restrictions on energy companies injecting wastewater underground as they produce oil and natural gas, in the latest effort to stem a sharp increase in earthquakes. The new rules, announced by the Oklahoma Corporation Commission on Monday evening, require operators in parts of two Oklahoma counties to...

  • OKLAHOMA CITY _ Paycom Software Inc. on Tuesday reported second-quarter net income of $5.9 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Five analysts surveyed by Zacks expected $45.5 million.

  • NEW YORK, Aug 4- Has the "curse of the Dow" finally caught up with Apple? For CEO Tim Cook, it means his stake of more than 111 million shares is now worth about $12.76 billion, compared with nearly $15 billion at the peak in late April. "When you get a stock that is over-owned it's difficult to find that incremental buyer," said Art Hogan, chief market strategist at Wunderlich...

  • OKLAHOMA CITY _ Devon Energy Corp. on Tuesday reported a second-quarter loss of $2.82 billion, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Devon Energy shares have decreased 20 percent since the beginning of the year, while the...

  • TULSA, Okla. _ Oneok Inc. on Tuesday reported second-quarter net income of $76.5 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Four analysts surveyed by Zacks expected $2.6 billion.

  • WASHINGTON, Aug 4- Oklahoma regulators are imposing new restrictions on energy companies injecting wastewater underground, in the latest effort to stem a sharp increase in earthquakes. The new rules, announced by the Oklahoma Corporation Commission on Monday evening, require operators in parts of two Oklahoma counties to reduce the amount of saltwater they...

  • Unit reports 2Q loss 16 Hours Ago

    TULSA, Okla. _ Unit Corp. on Tuesday reported a second-quarter loss of $274.4 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Helmerich & Payne tops Street 3Q forecasts Thursday, 30 Jul 2015 | 6:18 AM ET

    TULSA, Okla. _ Helmerich& Payne Inc. on Thursday reported fiscal third-quarter net income of $90.9 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Helmerich& Payne shares have dropped 11 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more...

  • ONE Gas meets 2Q profit forecasts Wednesday, 29 Jul 2015 | 6:51 PM ET

    TULSA, Okla. _ ONE Gas Inc. on Wednesday reported second-quarter earnings of $12.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 23 cents per share. ONE Gas shares have increased 6 percent since the beginning of the year.

  • Williams Cos. misses Street 2Q forecasts Wednesday, 29 Jul 2015 | 4:58 PM ET

    TULSA, Okla. _ Williams Cos. on Wednesday reported second-quarter earnings of $114 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. Williams Cos. shares have risen 20 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.

  • Boeing expands Oklahoma City facility, business presence Wednesday, 29 Jul 2015 | 3:48 PM ET

    OKLAHOMA CITY— Boeing Co. broke ground Wednesday on a new $80 million, 290,000- square-foot building that will house about 800 new employees and be the third structure in the aerospace company's growing Oklahoma City campus. The Chicago- based Boeing also announced that the headquarters of the Global Services& Support unit's Aircraft Modernization and...

  • NEW YORK, July 29- U.S. crude oil inventories declined far more than expected last week, while gasoline stocks decreased amid robust demand for the motor fuel, data from the Energy Information Administration showed on Wednesday. U.S. crude was up $1.02 at $49 a barrel at 11:13 a.m. EDT, well above its session low of $47.39. Brent crude was up 58 cents at $53.88, having...

  • UPDATE 1-Spirit AeroSystems profit rises as costs fall Wednesday, 29 Jul 2015 | 8:49 AM ET

    July 29- Aircraft parts maker Spirit AeroSystems Holdings Inc reported a better-than-expected quarterly profit as costs fell and said it would buy back up to $350 million of stock. The company, which makes fuselages and propulsion systems for Boeing Co and Airbus Group SE, said total expenses fell 7.5 percent to $1.47 billion in the second quarter from a year...

  • BOK Financial beats Street 2Q forecasts Wednesday, 29 Jul 2015 | 8:19 AM ET

    TULSA, Okla. _ BOK Financial Corp. on Wednesday reported second-quarter net income of $79.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. BOK Financial shares have risen slightly more than 8 percent since the beginning of the year.

  • Seventy Seven Energy reports 2Q loss Wednesday, 29 Jul 2015 | 7:24 AM ET

    OKLAHOMA CITY _ Seventy Seven Energy Inc. on Wednesday reported a second-quarter loss of $74.7 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 91 cents per share. This story was generated by Automated Insights using data from Zacks Investment...

  • NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.

  • WASHINGTON/ OKLAHOMA CITY, July 28- Two energy companies are shutting injection wells after three strong earthquakes struck near an Oklahoma town, in response to concerns about the practice of injecting wastewater from oil and gas operations deep underground, state regulators said on Tuesday. Three quakes above magnitude 4.0 struck on Monday near the town of...