Anadarko Petroleum Corp. reported a second-quarter loss of $1.02 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the The Woodlands, Texas-based company said it had a loss of $2.09. Earnings, adjusted for non-recurring costs, came to 51 cents per share. The results surpassed Wall Street expectations. The …
The final phase of geothermal installation and energy upgrades that will result in millions of dollars in savings is underway at the U.S. Army’s Fort Polk in West-Central Louisiana. Rhode Island based Corvias is handling the improvements after winning a government contract in 2015 to revitalize military family housing. The work includes the installation of …
Mancamp provider Civeo Corporation reported an 8% increase in second quarter 2019 earnings compared to a year ago. The Canadian based company, with operations in Oklahoma delivered revenues of $122.2 million with a second quarter net loss of $15.3 million and adjusted earnings of $26.5 million. During the quarter, the company completed acquisition of …
The thousands of earthen dams in Oklahoma that were built to prevent massive flooding in the state more than 50 years ago are part of Congressman Frank Lucas’ focus in the U.S. House of Representatives. He spoke with Ron Hays of the Oklahoma Farm Report about the value of the more than 1,200 such dams …
Traffic is flowing again over the U.S. 77/State Highway 39 bridge spanning the Canadian River and linking Purcell and Lexington. Ceremonies were held on Friday and Rep. Sherri Conley (R-Newcastle) helped cut the ribbon to officially open the bridge. “This is a huge relief for the people who live in these two cities,” Conley said. …
Key Energy Services, Inc. is preparing to release its second quarter 2019 earnings report. The information will be released before the market opens on Monday, Aug. 12, 2019. Leadership plans to hold a conference call the same day at 10 a.m. Central Time to discuss the results. Key’s President and Chief Executive Officer, Rob Saltiel …
Oklahoma City-based Mammoth Energy Services, Inc. will release its second quarter financial report this week. The company will make known the results after the market closes on Aug. 1, 2019. Company leadership will hold a conference call to discuss the results on Friday morning, Aug. 2 at ten o’clock Central Time. Mammoth had first quarter …
The Associated Press reports that top New Mexico officials want the U.S. Air Force to immediately begin defining the boundaries of plumes of contamination at two bases in the state and provide alternate water supplies to affected residents. Attorney General Hector Balderas and the New Mexico Environment Department on Wednesday filed a motion seeking …
Coal volumes were down along with prices as Tulsa-based Alliance Resource Partners, L.P. reported a slight increase in total revenues for the second quarter 2019 but a drop in net income. The company reported total revenues increased from $516.1 million to $517.1 million in the 2019 quarter ending June 30. Net income attributable to the …
Phillips 66 saw earnings soar in the second quarter of 2019 as earnings rose to $1.4 billion compared to $204 million in the first quarter of the year. The company stated that excluding special items of $45 million in the second quarter, its adjusted earnings totaled $1.4 billion compared with $187 million in adjusted earnings …
