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Flogistix Opens El Reno Manufacturing Plant
Oklahoma City-based Flogistix expanded its manufacturing capabilities with the opening of its new El Reno manufacturing plant today. With this addition, the company will have 259,000 square feet of manufacturing space for vapor recovery units (VRU) and other compression technologies as it scales up its workforce with the addition of more than 150 new jobs …
Partial Settlement of Pawnee and Cushing Earthquakes Available Through Class Action Lawsuit
Oklahomans who suffered earthquake damage near Pawnee may be eligible to participate in an $850,000 class action settlement. According to a recent notification, a settlement was reached in a lawsuit involving the operation of wastewater disposal wells by Eagle Road Oil, LLC between November 15, 2014 and the Effective Date. A series of powerful earthquakes …
Will Falling Prices at the Pump Slow Down With Higher Demand?
While Oklahomans continue to benefit from some of the lowest gasoline prices in the nation, the national average for a gallon of gas fell to $4.21, down 14 cents since last week. A slight uptick in gas demand could end the steady drop in daily pump prices, according to a press release issued by AAA. …
FEMA Awards More Than $5M in Grants for Firefighters
The Federal Emergency Management Administration (FEMA) announced on Tuesday that it has awarded $5.6 million in the first round of funding for the Fiscal Year (FY) 2021 Assistance to Firefighters Grants. This money helps firefighters and other first responders obtain critically needed equipment, protective gear, emergency vehicles, training and other resources necessary for protecting the …
Oklahoma Stock Closing Prices as of Monday, August 1, 2022
Alliance Resource Partners, L.P. 22.93 USD+1.02 (4.66%) Blueknight Energy Partners LP Common Stock 4.67 USD+0.0100 (+0.21%) Chesapeake Energy Ord Shs 90.42 USD-3.75 (3.98%) Continental Resources, Inc. 67.93 USD+1.39 (1.39%) Coterra Energy Inc 29.57 USD-1.02 (3.33%) Devon Energy Corp 61.57 USD-1.28 (2.04%) Empire Petroleum Corporation 10.75 USD-0.25 (2.27%) Gulfport Energy Corp 86.29 USD-5.75 (6.25%) Helmerich & Payne, Inc. 45.27 USD-1.03 (2.22%) LSB Industries, Inc. 13.28 USD-0.53 (3.84%) Laredo Petroleum Inc 86.44 USD-2.23 (2.51%) Magellan Midstream …
Regulatory Commission Chairs Recommend Power Reliability Forum to Improve Infrastructure
As extreme weather continues to strain the nation’s electric grid, FERC Chairman Rich Glick and Jim Robb, President and CEO of the North American Electric Reliability Corporation (NERC), encouraged the North American Energy Standards Board (NAESB) to convene a forum to identify solutions to the reliability challenges facing the nation’s natural gas system and bulk …
Edmond Begins Smart Meter Upgrade Project This Month
Edmond residents will receive a new technology boost as the city begins rolling out its upgraded Smart Choice meters in August. Smart Choice contractors are scheduled to begin an 18-to-24-month project, exchanging all the current electric and water meters for smart meters in homes and businesses throughout Edmond. Smart Choice technology will help improve service …
Oklahoma Stock Closing Prices as of Friday, July 29, 2022
Alliance Resource Partners, L.P. 21.91 USD+0.02 (0.09%) Blueknight Energy Partners LP Common Stock 4.66 USD+0.0100 (+0.22%) Chesapeake Energy Ord Shs 94.17 USD+1.28 (+1.38%) Continental Resources, Inc. 68.89 USD+1.63 (2.42%) Coterra Energy Inc 30.59USD+0.77 (2.58%) Devon Energy Corp 62.85 USD+2.48 (4.11%) Empire Petroleum Corporation 11.00 USD+0.51 (4.86%) Gulfport Energy Corp 92.04 USD+0.49 (0.54%) Helmerich & Payne, Inc. 46.30 USD+1.97 (4.44%) LSB Industries, Inc. 13.81 USD+0.46 (3.45%) Laredo Petroleum Inc 88.67 USD+4.37 (5.18%) Magellan Midstream Partners, …
Chickasha Inventor Ordered to Return $270K to Investors
A Grady County inventor was recently ordered to repay $270,000 to nearly 30 investors stemming from a 2018 civil lawsuit filed in Oklahoma County District Court by the Oklahoma Department of Securities. On July 27, District Judge Richard Ogden ordered Stacy Wayne Travis of Chickasha to repay the investors for funds provided for Travis’ work on …
Mammoth Energy Announces Strong 2Q 2022 Financial Results
Oklahoma City-based Mammoth Energy Services, Inc. appears to be rebounding as it reported total revenue of approximately $89.7 million for the second quarter of 2022, nearly doubling its reported revenue from one year ago. Total revenue was $89.7 million for the second quarter of 2022, as compared to $47.4 million for the same quarter last …