Kansas City, Missouri-based Great Plains Energy reported third quarter earnings of nearly $133 million or $0.86 per share of average common stock outstanding. The $132.7 million in earnings compared to the $126.4 million in the third quarter of 2015 when they were also $0.82 per share. For the first nine months of 2016, the …
A man whose telephoned bomb threat forced the evacuation of a company at Tulsa’s Port of Catoosa is headed to prison for the next four years. Robert Dwayne Perry of Muskogee was sentenced Thursday in Rogers County District Court for making the threat to the Linde Corporation on Jan. 30, 2015. He called 911 and …
Tulsa-based Public Service Company of Oklahoma has announced the renewal of a partnership to promote regional economic development and one that provides financing to fund PSO’s ongoing capital needs. PSO has teamed up with regional and local banks to renew its senior unsecured three-year term loan providing $125 million in financing for PSO’s electric system …
Engineer Bob Jackman admits it. He’s a long time critic of the Oklahoma Corporation Commission and the office of governor Mary Fallin over their handling of the state’s response to injection wells and earthquakes. Now he’s raising the question why the state is not employing satellites in monitoring any pattern changes of earth, especially …
Crude oil futures dropped lower on Thursday after a record rise in stockpiles continued to wreak havoc on the market, according to Bloomberg MarketWatch. “We are getting EIA hangover,” said Phil Flynn, senior market analyst at Price Futures Group, referring to the supply data. On the New York Mercantile Exchange, December West Texas Intermediate crude lost …
Oklahoma City-based LSB Industries, Inc. announced an adjusted net loss of $57.3 million, or $2.12 cents per diluted share for the third quarter of 2016, according to the company’s earnings statements issued Thursday. In a separate announcement, LSB indicated that it is evaluating the possibility of a sale or merger as it expects only modest …
