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Top News & Analysis Oklahoma

  • OKLAHOMA CITY— Four years ago, Oklahoma's oil patch was booming, unemployment was falling and state lawmakers were debating what to do with $200 million in surplus revenue. Oklahoma's woes are intensifying just as President Donald Trump's administration proposes its own ambitious plan to slash corporate and personal taxes. The White House insists the...

  • TULSA, Okla. _ Helmerich& Payne Inc. on Thursday reported a fiscal second-quarter loss of $48.8 million, after reporting a profit in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 40 cents per share. Helmerich& Payne shares have declined 16 percent since the beginning of the year, while the...

  • But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear. The embrace by the hard-line Freedom Caucus Wednesday supplied fresh votes and momentum for GOP leaders, who also lined up behind the plan and crave a...

  • But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear. The embrace by the hard-line Freedom Caucus supplied fresh votes and momentum for GOP leaders, who also lined up behind the plan and crave a legislative...

  • April 26- U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refiners hiked production rates to the highest since November 2015 to process a record amount of crude, the Energy Information Administration said on Wednesday. Refinery crude runs rose by 347,000 barrels per day to a record 17.3 million bpd and...

  • April 26- U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday. After the data, U.S. crude futures turned positive and by 11:06 a.m., were up 34 cents at $49.90 a barrel while Brent crude...

  • TULSA, Okla. _ BOK Financial Corp. on Wednesday reported first-quarter net income of $88.4 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. BOK Financial shares have fallen slightly more than 3 percent since the beginning of the year.

  • STILLWATER, Okla. _ Southwest Bancorp Inc. on Tuesday reported first-quarter earnings of $5.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share. Southwest Bancorp shares have fallen 11 percent since the beginning of the year.

  • BISMARCK, N.D.— A 1,050- gallon oil pipeline spill in western North Dakota polluted a tributary of the Little Missouri River but was prevented from flowing into the larger waterway by its fast-moving current, a state Health Department official said Tuesday. Health Department environmental scientist Bill Suess was traveling to the site Tuesday and didn't...

  • OKLAHOMA CITY _ LSB Industries Inc. on Monday reported a loss of $6 million in its first quarter. On a per-share basis, the Oklahoma City- based company said it had a loss of 48 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, April 24- The U.S. Supreme Court on Monday rejected a bid by natural gas company Chesapeake Energy Corp to avoid having to pay $438.7 million to investors in a bonds dispute. The justices refused to hear the Oklahoma City- based company's appeal of a September 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals in favor of bondholders.

  • OKLAHOMA CITY _ BancFirst Corp. on Thursday reported first-quarter net income of $22.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share. BancFirst shares have declined almost 1 percent since the beginning of the year.

  • OKLAHOMA CITY— The Cherokee Nation sued distributors and retailers of opioid medications on Thursday, alleging the companies have contributed to "an epidemic of prescription opioid abuse" within the tribe and have not done enough to prevent tribal members from acquiring illegally prescribed opioid painkillers. The lawsuit, filed in the Cherokee Nation...

  • April 18- A Republican senator said on Tuesday he had written to the U.S. Department of Health and Human Services raising questions about reports of "troubling conduct" by psychiatric hospital operator Universal Health Services Inc. The inquiry, by Iowa Senator Chuck Grassley, raises concerns about reports by BuzzFeed News of low nurse staffing, medication...

  • MULHALL, Okla.— Oklahoma Highway Patrol: Sheriff's deputy dies after being shot while serving an eviction notice.

  • OKLAHOMA CITY— A state tax credit that helped propel Oklahoma to third in the nation in its capacity to generate electricity from wind is coming to an end, but it will be years before state coffers see results of the change. Under the measure, zero-emission facilities must be operating by July 1 this year to qualify for the credit, instead of Jan. 1, 2021.

  • SINGAPORE, April 13- Crude oil futures were largely unchanged on Thursday, with the market torn between rising U.S. production and the output cuts being made by OPEC and other producers. West Texas Intermediate crude futures were down 6 cents at $53.05 a barrel. Traders focused on preliminary U.S. production estimates in the weekly Energy Information...

  • SINGAPORE, April 13- Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched briefly in the last session as rising U.S. production stoked worries about global oversupply. Benchmark Brent crude futures slid 4 cents, or 0.1 percent, to $55.82 a barrel by 0231. West Texas Intermediate crude futures were down 5 cents, or 0.1...

  • SINGAPORE, April 13- Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched in the last session as rising U.S. inventories stoked worries about global oversupply. Benchmark Brent crude futures slid 24 cents, or 0.4 percent, to $55.62 a barrel in early Asian trade. West Texas Intermediate crude futures were down 23 cents, or...

  • Cushing stockpiles rise in latest week. West Texas Intermediate crude futures were down 29 cents and settled at $53.11 a barrel after touching the highest since March 7 at $53.76. Both contracts had jumped to the highest in more than a month after Saudi Arabia was reported to be pushing fellow OPEC members and some rivals to prolong supply cuts beyond June.