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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Director picks up more shares in Tulsa coal-mining company

A filing with the Securities and Exchange Commission revealed one of the members of the board of directors at Tulsa-based Alliance Resource Partners acquired more shares in the firm this week. Independent director Wilson M. Torrence acquired 4,300 shares in the company valued at $15.5452 each on August 12. A day later, he acquired 1,300 …

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Earthquake swarm near Kingfisher believed connected to well completions

Oklahoma regulators are keeping a close watch on an oil drilling area west of Kingfisher in the STACK because of continued earthquakes.  The quakes occurred in the area 8 miles west of the city and included one measuring 3.6 magnitude. State seismologist Jake Walter told the Oklahoman newspaper the quakes are the latest to be …

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Controversial film maker Michael Moore questions alternative energy

What?  Michael Moore has a new documentary seriously questioning alternative energy? It’s true and environmentalists and supporters of alternative energy admit the film is a “tough pill to swallow.” Read the report from ABC News by clicking here.  

Dividend declared by Halliburton

Halliburton Company announced Wednesday that its board of directors has declared a 2019 third quarter dividend of eighteen cents ($0.18) a share on the Company’s common stock payable on September 25, 2019 to shareholders of record at the close of business on September 4, 2019. Last month, the company announced net income of $75 million, or $0.09 …

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ONEOK to gain from opening of new processing plant in North Dakota

Houston’s Crestwood Equity Partners LP, a midstream company, announced commercial operations have begun at one of its processing plants in North Dakota connected to a ONEOK natural gas line in the Bakkens. The system is also supported by energy exploration companies including WPX Energy of Tulsa. Crestwood stated that its Bear Den II processing plant …

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Governor Stitt wants Oklahoma to have Washington field office

The political news website, NonDoc reports that Oklahoma Gov. Kevin Stitt intends to open an Oklahoma field office in Washington and hire a full-time staff member to represent the state’s interests at the nation’s capital. Such action would mark the first time this century that Oklahoma had an executive-level employee dedicated specifically to state interests …

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Congressman warns US economic expansion is in danger over lack of high-quality workers

Oklahoma Congressman Markwayne Mullin thinks the economic expansion in the U.S. is in danger.  He warns that the country does not have enough high quality and skilled workers. On Tuesday, the 2nd District U.S. Representative encouraged business leaders to demand meaningful immigration reform that allows for an influx of potential workers into the United States …

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Another SEC filing is made by ONEOK

ONEOK says it expects to have $1.97 billion in net proceeds off a $2 billion offering of various notes due in the coming years. The Tulsa-based company made another filing Wednesday with the Securities Exchange Commission. In it, the company said it will use the $1.97 billion in net proceeds to redeem in full ONEOK …

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