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  • Southwest Bancorp beats 2Q profit forecasts Tuesday, 21 Jul 2015 | 5:15 PM ET

    STILLWATER, Okla. _ Southwest Bancorp Inc. on Tuesday reported second-quarter profit of $4.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Southwest Bancorp shares have risen 5 percent since the beginning of the year.

  • July 21- Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. ConocoPhillips last week raised its quarterly payout by a smaller-than-normal 1 cent, citing low oil prices. Shares of Chesapeake were down 4.7 percent at $9.79 on...

  • Chesapeake Energy eliminates annual dividend Tuesday, 21 Jul 2015 | 10:56 AM ET

    OKLAHOMA CITY— With natural gas and crude in an extended decline and few signs of a rebound, Chesapeake Energy axed its annual dividend and will redirect the money into its 2016 capital spending program. "The company's liquidity position remains extremely strong with more than $2 billion of unrestricted cash on our balance sheet and an undrawn $4 billion...

  • UPDATE 1-Chesapeake Energy suspends dividend payments Tuesday, 21 Jul 2015 | 8:26 AM ET

    July 21- Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said it would suspend dividend payments starting in the current quarter to save up to $240 million a year. Chevron Corp said in May it would not raise its dividend in the second quarter and that it would see "where things shake out long term" before raising its payout.

  • *China domestic diesel sales fall in June. Expectations of more Iranian supply following a nuclear deal and concerns that economic worries in China and Europe will weigh on demand have put pressure on oil prices this month. "Pessimism about oil prices because of the Iran nuclear deal and economic concern about China and Europe are overblown," analysts at PIRA...

  • *Iran starts moving oil stored offshore to Asia. "With the Iran deal people are aware there is more supply coming so all impetus for a price correction higher has gone," said Hans van Cleef, senior energy economist at ABN Amro in Amsterdam. Iran has started to ship oil to Asia that it had been storing offshore for months after Tehran and six world powers reached a...

  • UPDATE 1-Oil prices steady as Greece crisis abates Friday, 17 Jul 2015 | 2:51 AM ET

    TOKYO, July 17- Oil prices were steady on Friday in thin trade in Asia, underpinned by a power outage at Britain's largest oilfield, though risks of oversupply following the Iranian nuclear deal and mixed economic data held back prices. All the geo-political issues seem to be out of the way for the time being, "said Jonathan Barratt, chief investment officer at Ayers...

  • Oil prices rise in early Asian trade Thursday, 16 Jul 2015 | 9:54 PM ET

    TOKYO, July 17- Oil prices rose slightly on Friday in thin trade in Asia, underpinned by a power outage at Britain's largest oilfield, though risks of oversupply following the Iranian nuclear deal and mixed economic data held back prices. Still, the market remains in oversupply with around 2.5 million barrels per day in excess of demand and the likelihood of more...

  • *Japan's Nikkei, South Korea's Kospi edge higher. TOKYO, July 17- Asian shares opened higher on Friday, aided by a higher Wall Street and eased tensions over Greece, while the dollar extended gains versus the euro and yen as economic indicators bolstered expectations for a U.S. rate hike by year-end. Wall Street gained overnight, with the Nasdaq up more than 1 percent...

  • NEW YORK, July 16- Front-month Brent crude prices rose on Thursday after a power outage shut production at Britain's largest oilfield and as the August contract approached expiration. Expiring Brent August crude rose 46 cents to settle and go off the board at $57.51 a barrel, having reached $58.21. "Another build at Cushing would be bearish for U.S. crude, and the...

  • NEW YORK, July 16- Brent crude prices rose on Thursday after a power outage shut production at Britain's largest oilfield and as the August contract approached expiration at the end of the session. Brent August crude was up 71 cents at $57.76 a barrel at 11:56 a.m. EDT, having reached $58.21. "Another build at Cushing would be bearish for U.S. crude, and the Buzzard...

  • NEW YORK, July 16- Brent crude prices rose on Thursday after a power outage shut production at Britain's largest oilfield and as the August contract approached expiration at the end of the session. Brent August crude was up 69 cents at $57.74 a barrel at 10:52 a.m. EDT, having reached $58.21. "Another build at Cushing would be bearish for U.S. crude, and the Buzzard...

  • CRUDE FUTURES TURN LOWER, TRADERS CITE GENSCAPE EXPECTATIONS FOR CRUDE STOCKS BUILD AT CUSHING, OKLAHOMA HUB.

  • *Chicago Board Of Trade November soybeans rose 0.1 percent to $10.17 a bushel, having closed down 0.66 percent on Wednesday. *December wheat fell 0.1 percent $5.66-1/ 4 a bushel, having closed down 0.35 percent on Wednesday when prices hit a low of $5.66 a bushel- the lowest since June 26. *Harvest progress in the United States and Europe was adding supply pressure at a...

  • *MSCI Asia-Pacific ex- Japan index down 0.1 pct. TOKYO, July 16- Asian stocks were mostly higher on Thursday after the Greek parliament approved a bailout plan while the dollar stood tall after Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, with the focus on how...

  • *Iran exports to rise 200,000-400,000 bpd in 2016- Goldman. NEW YORK, July 15- Oil prices fell about 3 percent on Wednesday on expectations increased exports from Iran will add to a global supply glut and on rising inventories at the delivery hub at Cushing, Oklahoma. Tuesday's agreement on Tehran's nuclear program between six world powers and Iran is expected to...

  • *Iran exports to rise 200,000-400,000 bpd in 2016- Goldman. NEW YORK, July 15- Oil prices fell on Wednesday on expectations increased exports from Iran will add to a global supply glut and on rising inventories at the delivery hub at Cushing, Oklahoma. Tuesday's agreement on Tehran's nuclear program between six world powers and Iran is expected to result in the...

  • CRUDE FUTURES EXTEND LOSSES AFTER EIA SAYS STOCKS BUILD AT CUSHING, OKLAHOMA HUB.

  • NEW YORK July 15- Horace Augustine was raised in Oklahoma City by a mother with strong convictions about guns: She didn't want them in her house. Augustine began thinking last year that he should buy a gun for protection, and the shooting last month at the Emanuel African Methodist Episcopal Church in Charleston intensified his conviction.

  • NEW YORK, July 10- A U.S. federal judge on Friday ordered Chesapeake Energy Corp to pay $379.7 million to bond investors, after the natural gas company waited too long to tell them of its plan to redeem their $1.3 billion of bonds six years early. District Judge Paul Engelmayer in Manhattan agreed with bond trustee Bank of New York Mellon Corp that holders of...