August 15, 2019 archive

SEC rules against frack-mining operator

The U.S. Securities and Exchange Commission has ordered abandoned an effort by the frack-mining company Vista Proppants and Logistics to register securities in the company. Vista Proppants filed a Form S-1 prospectus in 2018 and failed to act on the proposal. In a decision in July 2019, the SEC stated, “The registration statement has been on …

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Another increased dividend announced by Williams

Tulsa-based Williams announced a dividend of 38 cents a share. The board of directors approved the share on the company’s common stock payable on Sept. 30,2019 to holders of record at the close of business on Sept. 13, 2019. The annualized dividend will be $1.52.   This is an 11.8% increase from Williams’ third-quarter 2018 …

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Cypress Energy reports 45% increase in 2Q revenues

Tulsa’s Cypress Energy Partners, L.P. reported a 45% increase in second quarter 2019 revenues over the second quarter of 2018. Revenues totaled $111.1 million while the company’s net income of $5.6 million jumped 59% from a year ago. The company’s adjusted EBITDA attributable to limited partners was $8.7 million for the second quarter which was …

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Oklahoman named to head EPA’s American Indian Environmental Office

The EPA has named Oklahoman W. Scott Mason IV to be the agency’s new director for the American Indian Environmental Office in the EPA’s Office of International and Tribal Affairs. A Citizen of the Cherokee Nation, Scott is a 5th generation western Oklahoman. He earned his Bachelor’s and Master’s Degrees from The University of Oklahoma. …

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