Midland Times

Latest News


Business

How to develop an effective brand framework

Branding is a crucial component of any marketing strategy. Without a recognizable brand, potential customers may not identify with your organization. Iconic logos such as the Nike tick and the McDonald's sign are globally recognized, but effective branding encompasses more than just logos, colors, and slogans. It provides audiences with an understanding of the organization's identity beyond its corporate name.


Business

Midland domestic violence non-profit, Kendra Scott team up for Mother's Day themed sale

Safe Place of the Permian Basin, a non-profit organization based in Midland, is collaborating with Kendra Scott for a Mother's Day themed sale. The event, named Kendra Gives Back, will take place at the Kendra Scott store at Commons at North Park on May 11 from 11 a.m. to 1 p.m.


Business

Federal Reserve maintains interest rates amid persistent inflation concerns

Entering 2024, there were indications that inflation might be easing, leading borrowers to hope for imminent interest rate cuts. However, four months into the year, inflation remains persistent, and Federal Reserve Chair Jerome Powell has quelled discussions about rate reductions.


Business

Popular Midland hot dog stand searches for new home.

Mikey Dogs, a popular eatery in Midland, is seeking a new location after selling its last hot dog at the American Legion on April 28. The upcoming location will serve as the establishment's summer spot and will operate under new hours.


Business

Midland Chamber visits Washington, D.C. to discuss issues important to Permian Basin

The Midland Chamber recently embarked on a trip to the nation's capital for the 2024 Washington Fly-In. Accompanied by the Odessa Chamber of Commerce, the Midland Chamber aims to utilize this opportunity to engage with influential policymakers and deliberate on issues that are crucial to the Permian Basin.


Business

Endeavor Energy Resources deemed largest sale tracked by Enverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated software as a service company, has released its summary of the first quarter of 2024 upstream mergers and acquisitions (M&A) activity.


Business

Federal funding challenges in manufacturing site selection

Navigating the complexities of federal funding and incentives in manufacturing site selection and facility planning can be likened to a strategic chess game. It involves more than just securing funds; it requires aligning these opportunities with project timelines and strategic goals. This is crucial for executives overseeing such endeavors.


Business

Midland Development Corporation approves lease agreement for rocket production site

The Midland Development Corporation (MDC) approved a lease agreement for Castelion Corporation to build a rocket production and testing site in Midland. The board voted to approve the agreement during a meeting on April 25.


Business

ProPetro announces expansion, extension of share repurchase program

ProPetro Holding Corp. has unveiled an expansion and extension of its share repurchase program in a press release on April 25. The announcement was made following approval by the Company's Board of Directors. The expansion and extension allows for the repurchase of up to an additional $100 million of the company's common shares, doubling the total authorization to $200 million.


Business

Delta Airlines resumes Midland-Austin service

Residents of Midland have been granted an additional route to Austin, following the city's announcement of Delta Airlines' reinstated service between Midland International Air & Space Port and Austin-Bergstrom International Airport, effective from April 22. This marks a significant return as it has been a decade since a Delta aircraft last bridged the gap between the Permian Basin and the state capital.


Business

Infinium partners with Kinetik Holdings to advance carbon capture, eFuels production

Infinium, a producer of ultra-low carbon electrofuels ("eFuels"), has entered into an agreement with a subsidiary of Kinetik Holdings, a midstream energy company, to purchase carbon dioxide captured from Kinetik's gas processing system in the Permian Basin.


Business

TxDOT develops plan for statewide multimodal transit

The Texas Department of Transportation (TxDOT) is in the process of developing a Statewide Multimodal Transit Plan (SMTP). This initiative aims to take a comprehensive look at both current and emerging forms of public transportation, as well as the intersection between transit and active transportation.


Business

Airline passengers in Midland increased by nearly 11% this fiscal year

The number of airline passengers flying out of Midland International Air and Space Port has increased by 10.89% halfway through the fiscal year.


Business

Empowering Entrepreneurs: The Impact of the Midland Entrepreneurial Challenge

The Midland Entrepreneurial Challenge, an annual competition hosted by the Midland Development Corporation (MDC) and administered by the University of Texas Permian Basin (UTPB), stands as a vital opportunity for small businesses and startups in Midland, Texas. As one participant highlighted, "The Midland Entrepreneurial Challenge is more than just a competition; it's a lifeline for small businesses and startups in Midland city limits."The challenge, which spans from fall to winter and includes seminars and phases for businesses to engage in, aims to cultivate innovation...


Business

Permian Resources Corporation to announce 2024 first quarter earnings in May

Permian Resources Corporation is set to release its first quarter earnings for 2024 in May, as stated by the company.


Business

Midland Chamber of Commerce hosts annual State of Midland Luncheon

The Midland Chamber of Commerce held its annual State of Midland Luncheon on April 11 at the Bush Convention Center. A speech from the keynote speaker, Mayor Lori Blong, took place, followed by a panel discussion with former Midland Chamber of Commerce chairmans. Over 630 attendees were reported at the luncheon.


Business

Changing Life Trends Will Affect Future Entrepreneurs. Five Things You Need To Know

Steve Jobs, a visionary in the tech industry, once described the process of analyzing various information sources as "collecting dots." According to Jobs, this method involves delving into historical and future trends simultaneously. He emphasized the importance of synthesizing diverse data points to gain insights into the future, stating, "Well, you gather all this ‘information’ and collate it into dots to see where the dots of information intersect, where they lineup and where they might point into the future."Highlighting the significance of understanding future...


Business

Texas Chapter of Space Force Association to join meet and greet event

The Texas Chapter of the Space Force Association (SFA) is set to make its debut in Midland on April 11, with an event aimed at promoting and developing the aerospace industry in the region. The event, hosted at Second Story Coworking, located at 223 W. Wall Suite 200, is scheduled to commence at 5 p.m. and is open to the public, free of charge.


Business

The Preserve is set to redefine Midland’s landscape

A project is underway in the heart of Midland to create a green space unlike anything the city has seen. Developers of The Preserve say the new 178-acre development will be transformative, and describe it as a blend of natural beauty, recreational opportunities, and retail experiences.


Business

Midland Development Corporation board meeting recap: April 8

The Midland Development Corporation (MDC) held a board meeting on April 8 at 10 a.m.