BOK

Oil and Gas Investor Announces 2024 'Influential Women in Energy' Honorees

Retrieved on: 
Thursday, December 14, 2023
Permian, Stellar, Woman, Entrepreneurship, Tallgrass Energy Partners, Policy, Senior, White & Case, Baker Hughes, White, Energy, TGS, International Women's Day, MATCH International Women's Fund, BOK, ExxonMobil, Commercial finance, Climate, Hart Energy, American Petroleum Institute, BOK Financial Corporation, Assembly, KBC Advanced Technologies, Chesapeake Energy, Overhaul, System, SLB, ESG, Ridesharing, Petroleum, Management, Ovintiv, Research, Maintenance

HOUSTON, Dec. 14, 2023 /PRNewswire/ -- Oil and Gas Investor and Hart Energy proudly announce the "Influential Women in Energy" honorees for 2024.

Key Points: 
  • HOUSTON, Dec. 14, 2023 /PRNewswire/ -- Oil and Gas Investor and Hart Energy proudly announce the "Influential Women in Energy" honorees for 2024.
  • These distinguished executives and their accomplishments will be celebrated at the seventh annual Women in Energy luncheon on International Women's Day, March 8, 2024, at the Hilton Americas-Houston in downtown Houston.
  • This blue-ribbon award program has honored more than 125 of the top executives and leaders in the industry since its inception.
  • This year's honorees represent companies such the Baker Hughes, Chesapeake Energy, Chevron, Exxon Mobil, Ovintiv, SLB and Tallgrass Energy, to name a few.

Kolibri Global Energy Inc. Announces Bank Line Redetermination

Retrieved on: 
Wednesday, November 1, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Line of credit, Tishomingo, Kolibri Global Energy, KEI, BOK, KGEI, BNK, BOK Financial Corporation, Primary Dealer Credit Facility, TSX, Bank, Borrowing base

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) was reaffirmed at US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).

Key Points: 
  • Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) was reaffirmed at US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).
  • The current outstanding amount drawn on the Credit Facility is US$29 million.
  • The amendments also reduced the minimum term of the hedging contracts the Company is required to put in place from 24 months to 18 months.
  • Wolf Regener, President and CEO, commented, “We are very pleased to have BOKF’s continued support as we continue to accelerate the development of our Tishomingo project.

Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock

Retrieved on: 
Wednesday, September 20, 2023
Oil, Gas, Energy, Permian, Attention, Common stock, Bank of America, Floor, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Telephone, Concurrency, BOK, BofA Securities, L.L.C, Bangladesh Securities and Exchange Commission, Regional Security Officer, Sale, Petroleum & Resources Corporation, RBC Capital Markets, Truist, Prospectus, Wells Fargo, CIBC, NYSE, Security (finance)

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $13.05 per share, by certain affiliates of NGP Energy Capital Management, L.L.C.

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $13.05 per share, by certain affiliates of NGP Energy Capital Management, L.L.C.
  • Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom.
  • The Selling Stockholders also granted the underwriters a 30-day option to purchase up to an additional aggregate 3,217,500 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.
  • The offering of Class A common stock is not conditioned upon the completion of the Concurrent OpCo Unit Purchase, but the Concurrent OpCo Unit Purchase is conditioned upon the completion of the offering.

Lumifi Cyber’s Success Propels Expansion Plans at Scottsdale’s SkySong Tech Hub

Retrieved on: 
Thursday, September 14, 2023
Commercial Building & Real Estate, Software, Construction & Property, Data Management, Technology, University, Education, Security, NIST, BOK Financial Corporation, Partnership, SG, Health, Expansion, CMMC, Phoenix metropolitan area, The, BOK, Valley, Sun, Multimedia, Research, SOC, Government, Security operations center, Sadler, MDR, Entrepreneurship, City, Acquisition, Administration, Associate, Growth, ASU, HCAP, Technology transfer, Arms industry, Risk management, Sales, Renewable energy

This strategic move is an endorsement of Scottsdale's burgeoning tech community and a testament to Lumifi Cyber's commitment to growth, innovation, and community development.

Key Points: 
  • This strategic move is an endorsement of Scottsdale's burgeoning tech community and a testament to Lumifi Cyber's commitment to growth, innovation, and community development.
  • They're at the forefront of redefining our city's tech landscape and their operation fits nicely with SkySong, The ASU Scottsdale Innovation Center.”
    Michael Malone, CEO of Lumifi Cyber, shared his enthusiasm: “This commitment marks a pivotal moment in Lumifi Cyber's journey.
  • Lumifi Cyber's Expansion will bring these Key Highlights:
    Lease Commitment: Lumifi Cyber has signed a robust lease through 2030, reflecting its long-term dedication to the Scottsdale tech ecosystem.
  • Future Expansion Plans: Lumifi Cyber is postured for significant expansion and growth and consequently has sights on similar expansion at SkySong.

Armstrong World Industries Reports Second-Quarter 2023 Results

Retrieved on: 
Tuesday, July 25, 2023
Share repurchase, BOK, Tax, Plant, Acquisition, WAVE, Growth, AWI, Architecture

LANCASTER, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, today reported second-quarter 2023 financial results featuring strong operating income and adjusted EBITDA growth and margin expansion with positive contributions from both the Mineral Fiber and Architectural Specialties segments.

Key Points: 
  • Second-quarter 2023 net sales in Architectural Specialties increased 5.7% from prior-year results, driven by growth across most product categories and favorable project mix.
  • These benefits were partially offset by a $2 million increase in manufacturing costs and a $1 million increase in selling expenses.
  • As of June 30, 2023, there was $292 million remaining under the Board of Directors' current authorized share repurchase program.
  • “Our first half results are in-line with our expectations of delivering top line, bottom line and adjusted free cash flow growth in 2023.

BOK Financial Upgrades to Baker Hill NextGen® in Newly Expanded Partnership

Retrieved on: 
Monday, July 17, 2023
BOK Financial Corporation, BOK, Consumer, CFPB, Communication, Small business, Client portal, Risk management, Partnership, Consumer Financial Protection Bureau, History, Baker Hill, Bank

CARMEL, Ind., July 17, 2023 /PRNewswire/ -- Baker Hill , the leading financial technology provider in delivering solutions for loan origination, risk management and analytics, today announced an expanded partnership with BOK Financial .

Key Points: 
  • CARMEL, Ind., July 17, 2023 /PRNewswire/ -- Baker Hill , the leading financial technology provider in delivering solutions for loan origination, risk management and analytics, today announced an expanded partnership with BOK Financial .
  • The financial institution will upgrade to Baker Hill NextGen®, a unified solution that streamlines loan origination and portfolio monitoring.
  • To further its mission, BOK Financial recently expanded its relationship with Baker Hill, with plans to upgrade to the Baker Hill's NextGen® Small Business platform to enhance the lending experience for business clients.
  • "Our relationship with Baker Hill is a testament to their small business lending expertise and history of delivering results for BOK Financial.

Carson Group Adds $5B Northwest Capital Management in Largest Deal to Date

Retrieved on: 
Wednesday, June 21, 2023
Fiduciary Trust Company International, NWCM, Partnership, Legislation, Hopkins, PwC, BOK, Carson, Trust, Research, Retirement, Investment, Financial adviser, Financial services

OMAHA, Neb., June 21, 2023 /PRNewswire/ -- Carson Group announced an equity partnership with Northwest Capital Management (NWCM), a retirement and investment advisory firm that specializes in wealth management services for individuals and retirement plan services for plan sponsors and their participants. The team will continue to be led by Managing Director, Partner and Senior Investment Advisor, Brent Petty, CFP®, AIF® and Senior Investment Advisor, Fred Payne, Jr. CFP®, with office locations in Portland, Oregon, and Seattle, Washington. 

Key Points: 
  • OMAHA, Neb., June 21, 2023 /PRNewswire/ -- Carson Group announced an equity partnership with Northwest Capital Management (NWCM), a retirement and investment advisory firm that specializes in wealth management services for individuals and retirement plan services for plan sponsors and their participants.
  • Northwest Capital Management, Inc. was founded in 1998 in Portland, Oregon as an independent and privately held investment advisory firm and today has grown to a team of 13 that serves more than $5B in assets under management.
  • The partnership also allows Carson Group to further expand its retirement plan service offerings, which is a growing trend that advisors and clients are seeking.
  • Carson Group currently manages $28.2 billion* in assets and serves more than 46,000 families among its advisory network of 140+ partner offices.

Bank of Texas enters San Antonio market

Retrieved on: 
Monday, June 5, 2023
BOK Financial Corporation, Insurance, NCAA, University, Amegy Bank of Texas, Hensley, 2021 NCAA Division I women's basketball tournament, BOK, BOKF, NA, Texas Tech University, NASD, Trust, Texas Commerce Bank, SAN, University of Evansville, Bank, Financial Executives International, Texas Capital Bank, United Way, Accounting, Management, Science

SAN ANTONIO, Texas, June 05, 2023 (GLOBE NEWSWIRE) -- Bank of Texas is proud to expand its operations into the San Antonio market, the first outside of the bank’s established operations in Dallas, Fort Worth and Houston.

Key Points: 
  • SAN ANTONIO, Texas, June 05, 2023 (GLOBE NEWSWIRE) -- Bank of Texas is proud to expand its operations into the San Antonio market, the first outside of the bank’s established operations in Dallas, Fort Worth and Houston.
  • “We are thrilled to bring our brand of full-service, relationship-focused financial services to San Antonio,” said Mark Wade, Bank of Texas CEO.
  • Johnson will serve as chairman for the San Antonio market, bringing his vast knowledge of the San Antonio community and over 50 years of Texas banking expertise to the table.
  • Johnson is actively engaged in the San Antonio community serving on a number of boards, including The Alamo Foundation, the Briscoe Western Art Museum, the San Antonio Zoological Society and the United Way of San Antonio, among others.

Kolibri Global Energy Inc. Announces Bank Line Increase to US$40 Million

Retrieved on: 
Wednesday, May 10, 2023
Professional Services, Other Energy, Oil, Gas, Energy, Finance, Banking, BOK, Line of credit, Primary Dealer Credit Facility, EST, KEI, Borrowing base, Kolibri Global Energy, OTCQX, BOK Financial Corporation, TSX, BNK, Bank

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, OTCQX: KGEIF) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) has obtained an increase in its Borrowing Base from US$25 million to US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).

Key Points: 
  • Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, OTCQX: KGEIF) is pleased to announce that its indirect wholly owned subsidiary BNK Petroleum (US) Inc. (“BNK US”) has obtained an increase in its Borrowing Base from US$25 million to US$40 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”).
  • The current outstanding amount drawn on the Credit Facility is US$18.2 million.
  • The Credit Facility provides for interest only payments until the June 2026 maturity date, with bi-annual scheduled reserve redeterminations.
  • The Company will be presenting via webinar at 2:00 p.m. EST later today, May 10th, 2023 to discuss its first quarter results and a general corporate update.

BOK Financial Corporation Reports Quarterly Earnings of $162 million or $2.43 Per Share in the First Quarter

Retrieved on: 
Wednesday, April 26, 2023
Lender option borrower option, NYMEX, Insurance, Uncertainty, Unemployment, Probability, Health, Nursing, Federal, Tier 1 capital, Tier 1, Health care, BOK, Risk management, Retail banking, FDIC, Federal Home Loan Banks, History, Sale, Commercial bank, Organization, West Texas Intermediate, NASD, Wealth management, GDP, Federal Reserve, Risk, CECL, Natural gas, WTI, BOK Financial Corporation, Consumer, Growth, Government, Environment, Investment, Total, Video game, Bank, Real estate, Security (finance), Life insurance, Financial adviser, Cryptocurrency, Native

Net income was $162.4 million or $2.43 per diluted share for the first quarter of 2023 and $168.4 million or $2.51 per diluted share for the fourth quarter of 2022.

Key Points: 
  • Net income was $162.4 million or $2.43 per diluted share for the first quarter of 2023 and $168.4 million or $2.51 per diluted share for the fourth quarter of 2022.
  • Commercial Banking contributed $176.5 million to net income in the first quarter of 2023, an increase of $37.2 million over the fourth quarter of 2022.
  • Consumer Banking contributed $50.7 million to net income in the first quarter of 2023, an increase of $41.7 million over the prior quarter.
  • Recoveries totaled $2.9 million for the first quarter of 2023 and $2.3 million for the prior quarter.