Appreciate it. ... Do you see that trend on efficiency continuing and that may be worth … I know storage is only maybe 10s of millions of uplift but I don't know Sheridan, maybe you want to talk about when exactly that might be hitting.And obviously a pickup in volumes that would get us above the level that we had been originally forecasting for 2020. We've also got some line of sight to Q4 with additional completions. We've seen a big step up on that because we've bought more ethane on, and that doesn't -- that capacity has always been there. There are approximately 10 rigs currently operating in the basin, with about half on our dedicated acreage. So we continue to look through that. While DAPL does currently provide meaningful crude takeaway capacity from the region, there are alternatives through other pipelines and substantial rail capacity. Interest expense increased in the second quarter primarily due to the settlement of interest rate hedges related to the earliest repayment of our term loan resulting in a one-time impact earnings per share of $0.09 in the second quarter. Our first speaker this morning is Terry Spencer, president and chief executive officer.That's correct, Craig. There are 12 executives at ONEOK getting paid more, with Terry Spencer having the highest compensation of $10,945,700. Then I think the formal market definition proficiencies was it coming from Rodney Vegas with his opposition to power saving captured 50 million for the year and you talk about 120 is relative to your 2020 plan. But the important point right now is the price it takes to bring curtailed wells back online. So your first year is your -- obviously, as you know, is your larger trial decline in a shale plays. So, if anything, it smoothed out a little bit because the assets that we ultimately complete and we tried down the road, when growth is back and those are needed, that depreciation will come at a later date and we'll be able to optimize the economy. There's a couple questions in there.
Terry K Spencer has accumulated wealth over the years, and by mid-February 2019, he had a net worth estimated to be at least $43 million.
Can you just talk a little bit about what you think the utilization rate in the quarter was for your fracs and how July is looking?Hey, guys. I'll answer your last one first.
In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. He earns a salary of $5,608,940 and no other executives at the company receive higher pay than him.In the 2016 Earnings Conference Call by Oneok Partners, LP, Terry disclosed that the year had been one of the most challenging in his job due to the low commodity price environment that had stuck in the industry for a while.
Loading... Unsubscribe from Why Invest In? That's what you base. We needed to make a positive step on the deleveraging standpoint and the quickest way to do that was to do the equity offering.Thank you all. So at this time, we don't see that it's a hindrance not to have those off. Ms. Moore owns over 1,500 units of ONEOK stock worth over $87,357 and over the last 17 years she sold OKE stock worth over $121,500. With over 10 years experience he's covered businesses, CEOs, and investments.
His largest trade so far was on 17 February 2019 when he exercised 246,296 Oneok stock units that were worth at least $16,649,610. Can you comment a little bit about what you're seeing in frac volumes at Belvieu? Good to hear everyone is well. If you think about where we were, not necessarily first-quarter average, but you think about where our volumes were right as we entered into the COVID and the OPEC situation, those types of volume levels was what supported that -- kind of the upper end of that range that we talked about. In addition, he makes $2,351,340 as Senior Vice President - Natural Gas Liquids at ONEOK. How big of a step up? GPA’s objective is to create industry standards regarding technology and procedures employed in processing natural gas.Terry is 58 years old meaning he became CEO at 53 years.
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