Greater Oklahoma City is in the geographic center of North America equidistant from the east and west coasts and major trade partners of Canada and Mexico. The ten county region is at the crossroads of the U.S., sitting at the heart of three major national highways on the NAFTA corridor.
There's a reason Greater Oklahoma City is such a great place for business: Location. The ten county region is positioned within a day's drive of the rapidly-growing south-central region (OK, TX, AR, LA) projected to grow more than 44% during the next 25 years.
For Small Business Month, NerdWallet set out to find the "Best Cities to Start a Business" and when the publication crunched the numbers, OKC came in at 5th on their list. NerdWallet cited the metro's aviation and healthcare hubs, low unemployment, low cost of living and available funding as reasons you need to start your next business in Oklahoma City.
(April 22, 2013)
Oklahoma companies fare well in heading to market Oklahoma companies have done well this year when officials opt to take them public. By Jay F. Marks Oklahoman
The stock market has been kind in 2011 to Oklahoma companies looking to go public.
Four have launched successful public offerings this year, combining to raise more than $1 billion in their debuts.
Now Chesapeake Energy Corp. is poised to wade into the market with a royalty trust that will hold a share of the proceeds from the company's Colony Granite Wash play in Washita County, as detailed in regulatory filings on Friday. The Chesapeake Granite Wash Trust will trade on the New York Stock Exchange under the symbol "CHKR."
SandRidge Energy Corp. seemingly set the standard for such offerings this year in introducing investors to a pair of trusts.
The SandRidge Mississippian Trust, which trades as "SDT," raised $340 million in April, followed by the SandRidge Permian Trust, "PER," earlier this month, which at its initial offering grossed $621 million.
Other successful offerings from Oklahoma companies in 2011 included NGL Energy Partners in May and Compressco Partners in June.
Tulsa-based NGL netted $75.5 million from its initial public offering, while Compressco, which trades as "GSJK," earned $54 million from becoming a public company.
Another planned IPO was canceled earlier this month, robbing investors of a chance to buy into "JAWS."
Oklahoma City-based Great White Energy Services withdrew its plans for an initial public offering after it was acquired by Bermuda-based Archer Limited.