Conner Industries, Inc., a leading provider of lumber, industrial wood crates & pallets, and engineered packaging solutions, announced that it will open a new manufacturing facility in Tulsa, Oklahoma in February 2020. The new facility is expected to serve large manufacturing customers with industrial transport and protective packaging solutions that utilize a broad range …
Seagate Technology reported flat second-quarter fiscal 2020 earnings. With operations in Oklahoma City, the hard-disk drive manufacturer had non-GAAP earnings of $1.35 a share which were down nearly 11% from a year earlier. Revenues were $2.696 billion which were down 0.7% from a year ago. But the company’s production increased in the quarter. During …
A filing this week with the U.S. Securities and Exchange Commission shows New York investment firm BlackRock Inc. now owns nearly 8% of Devon Energy. The filing indicated BlackRock Inc. had total ownership of 29,843,172 shares. But its sole voting power was 25,647,070 shares. Its share ownership totals 7.8% of the Oklahoma City energy company. …
Completion reports filed for February 5, 2020. completions: none were processed today
Permits to drill filed for February 5, 2020. permits: none were processed today
Many of those deals cut by Amazon, Facebook, Walmart and numerous other national companies for electricity from wind farms in Oklahoma make up a new report on 2019’s Top 10 Large Energy Buyers. Two of the top-ten companies have major power purchasing contracts in Oklahoma. The report from the Renewable Energy Buyers Alliance showed …
Guymon’s Seaboard hog slaughtering plant is getting a $100 million expansion, thanks to a recent decision by the Guymon City Council to approve a second Tax Increment Finance district for the operation. It’ll result in increased energy needs, both for the plant and for the transportation of millions of animals to the operation. The expansion …
** The board of directors of Phillips 66 has declared a quarterly dividend of 90 cents per share on Phillips 66 common stock. The dividend is payable on March 2, 2020, to shareholders of record as of the close of business on Feb. 18, 2020. ** The Board of Directors of Murphy Oil Corporation declared a quarterly …
A subsidiary of AEP, the parent company of Public Service Company of Oklahoma has signed a power purchase agreement with Evergy from its new Flat Ridge 3 wind project being built in southern Kansas close to the Oklahoma state line. AEP Renewables signed the deal to buy power from the 62-wind turbine farm near …
There were 24 mining fatalities in the U.S. in 2019 including one in Oklahoma, the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) reports. This is the fewest annual fatalities ever recorded, and only the fifth year in MSHA’s 43-year history that mining fatalities were below 30. MSHA is still reviewing two …
