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Top News & Analysis Oklahoma

  • Oklahoma Attorney General Scott Pruitt arrives at Trump Tower in New York, on Wednesday, Dec. 07, 2016.

    Here are some of the key stories CNBC is following this hour.

  • The Pittsburg County sheriff's office tells KTUL there is one confirmed injury. The Oklahoma Highway Patrol says the explosion happened near Quinton in Pittsburg County, about 100 miles southeast of Tulsa. The Oklahoma Highway Patrol says the explosion happened near Quinton in Pittsburg County, about 100 miles southeast of Tulsa.

  • The Oklahoma Highway Patrol says the explosion happened near Quinton in Pittsburg County, about 100 miles southeast of Tulsa. Quinton police tell KTUL the head blew off a gas well. The Pittsburg County Emergency Management Office tells KTUL that multiple volunteer fire departments converged on the site.

  • TULSA, Okla. _ Williams Partners L.P. on Wednesday reported fourth-quarter net income of $145 million, after reporting a loss in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Williams Partners shares have climbed 6.5 percent since the beginning of the year.

  • TULSA, Okla. _ Laredo Petroleum Inc. on Wednesday reported a loss of $18.4 million in its fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of 16 cents per share. Laredo Petroleum shares have risen slightly more than 1 percent since the beginning of the year.

  • TULSA, Okla. _ Williams Cos. on Wednesday reported a loss of $15 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Williams Cos. shares have fallen nearly 7 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 5 percent.

  • Feb 15- U.S. crude oil and gasoline inventories soared to record highs last week as refineries cut output and gasoline demand softened, the Energy Information Administration said on Wednesday. By 10:59 a.m. ET, it was trading 19 cents firmer at $53.39 a barrel. "Although this is another bearish report, we're likely to see buying interest this afternoon only to...

  • OKLAHOMA CITY— Chesapeake Energy Corp. has announced plans to increase its drilling budget and rig count in 2017, saying that confidence is growing in the hard-hit energy market. The Oklahoma City- based company said Tuesday that it would increase its capital expenditures to $1.9 billion to $2.5 billion this year. That's compared to 2016 numbers of $1.65...

  • PRYOR, Okla. _ Orchids Paper Products Co. on Tuesday reported fourth-quarter profit of $2.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 25 cents per share. Three analysts surveyed by Zacks expected $41.4 million.

  • OKLAHOMA CITY _ Devon Energy Corp. on Tuesday reported fourth-quarter net income of $331 million, after reporting a loss in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. Devon Energy shares have risen almost 1 percent since the beginning of the year, while the...

  • OKLAHOMA CITY _ Gulfport Energy Corp. on Monday reported a loss of $240.4 million in its fourth quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Gulfport Energy shares have declined slightly more than 4 percent since the beginning of the year.

  • The Washington- based Consumer Federation of America says it found rate hikes on annual premiums as high as $400, in some cases. In the report released Monday, the group analyzed premium quotes in 10 cities, including New York and Chicago, from five of the nation's largest auto insurers. Rates in Oklahoma City and Los Angeles did not change.

  • "I think the market is frozen," said Dominick Chirichella, senior partner at the Energy Management Institute. He said that while the U.S. gasoline stock draw was interesting, it was insufficient to knock the market out of its range-bound trade, limited between production cuts from OPEC and brimming U.S. crude stockpiles. "If we continue to see a decent compliance...

  • WASHINGTON/ HOUSTON, Feb 8- Native American groups said they would step up efforts to block the development of energy infrastructure across the United States to prevent future water contamination and damage to sacred land, following the defeat for the Standing Rock Sioux in its battle against the $3.8 billion Dakota Access Pipeline. In states including Texas,...

  • Feb 8- U.S. crude stockpiles surged last week, driven by a big rise in imports and inventory build at the key oil hub at Cushing, Oklahoma, while gasoline drew down unexpectedly, the Energy Information Administration said on Wednesday. "It appears gasoline demand as measured for the week has rebounded to near-normal levels, which offsets some of the report's other...

  • Feb 2- Enterprise Products Partners LP's Seaway pipeline is expected to resume service on or before Tuesday following its closure due to a leak in Collin County, Texas, earlier this week, the company said on Thursday. The company continued to make progress in repairing its 30- inch diameter pipeline, which was struck by a third-party contractor on Monday,...

  • Allianz said Great Western was projected to generate more than $25 million in property taxes for Ellis and Woodward Counties, where the wind farm is based. "It is a valuable addition to our renewable energy portfolio, which now exceeds 3.5 billion euros and offers a stable and uncorrelated return to Allianz," said David Jones, Head of Renewables at Allianz Capital...

  • Allianz said Great Western was projected to generate more than $25 million in property taxes for Ellis and Woodward Counties, where the wind farm is based. "It is a valuable addition to our renewable energy portfolio, which now exceeds 3.5 billion euros and offers a stable and uncorrelated return to Allianz," said David Jones, Head of Renewables at Allianz Capital...

  • CHICAGO, Feb 1- Bacon lovers beware: U.S. prices for the greasy salty meat are set to jump in the coming months due to dwindling supplies. In January, prices climbed 56 cents- the largest monthly spike in at least four years, according to U.S. Department of Agriculture data. Bacon eaters will likely see the higher prices in about three months, said David Maloni, president...

  • WASHINGTON, Jan 28- Families, students, engineers and doctors from across the Middle East who have made the United States their home on Saturday found themselves potentially uprooting established lives, after President Donald Trump this week curtailed immigration from seven Muslim-majority countries. The countries- Iran, Iraq, Syria, Yemen, Sudan, Libya, and...