Reports indicate that energy firms and groups, those in Oklahoma and those nationally, contributed to Oklahoma Gov. Kevin Stitt’s campaign in the most recent quarter. The governor raised $208,000 in the quarter that ran from July 1 through Sept. 30. He received $4,000 from Exxon-Mobil’s political action committee as well as $5,000 from the Oklahoma …
The Dallas firm that owns and operates the oil refinery in Tulsa, Holly Energy Partners, L.P. reported a big jump in net income for the third quarter 2019. It was $82.3 million or 78 cents a share compared to $45 million and 43 cents a share in the third quarter of 2018. Distributable cash flow …
Based in the Kansas City suburb of Leawood, Kansas, midstream operator Tallgrass Energy reported a successful third quarter 2019. Net income was $72.5 million while adjusted EBITDA was $263.8 million and cash available for dividends totaled $210.5 million. The cash available for dividends translated to 75 cents a share or $2.20 on an annualized …
Houston-based Baker Hughes Co. reported third quarter 2019 earnings totaled $5.9 billion but were down two percent compared to the previous quarter. But the earnings were still up 4 percent compared to the third quarter of 2018. Orders for the third quarter totaled $7.8 billion, up 19 percent from the second quarter and up 35 …
More than two dozen Public Service Company of Oklahoma employees are on their way to California to assist Pacific Gas & Electric (PG&E) address power outages associated with that state’s ongoing high winds and wildfire emergency. The employees from PSO’s Tulsa, Lawton and McAlester Districts will be arriving in Sacramento, then given their work assignments …
