LSB Industries reports turnaround in sales and income

Oklahoma City-based LSB Industries, Inc.  announced increased net sales and net income for the second quarter ended June 30, 2019. The company leadership reported an unprecedented operating performance for the quarter. Net sales increased 18% to $121.5 million for the second quarter of 2019, compared to net sales of $103.2 million for the second quarter …

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President chosen for BioKansas

BioKansas, the state’s life science trade organization, announced that its Board of Directors has appointed Sonia Hall, PhD as President & CEO effective immediately. “After a comprehensive nationwide search, we are fortunate to have someone of Dr. Sonia Hall’s ability and experience step up to lead BioKansas. She is a strong advocate of our mission …

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EPIC Midstream under new leadership

EPIC Midstream Holdings, LP, the San Antonio company with major crude pipelines across the Permian Basin and the Eagle Ford is under new leadership. Brian Freed has been appointed President of the Company. Mr. Freed will report to Phillip Mezey, Chief Executive Officer of EPIC. “We are pleased to announce that Brian has joined EPIC …

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National Oilwell Varco reports increased earnings despite oilfield downturn

National Oilwell Varco, Inc., the Houston, Texas company with operations throughout Oklahoma reported second quarter 2019 revenues of $2.13 billion, an increase of 10 percent compared to the first quarter of 2019 and an increase of one percent from the second quarter of 2018. Net loss for the second quarter of 2019 was $5.39 billion, …

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Little earnings growth reported by ConocoPhillips in 2Q

ConocoPhillips  reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share. Excluding special items, second-quarter 2019 adjusted earnings were $1.1 billion, or $1.01 per share, compared with second-quarter 2018 adjusted earnings of $1.3 billion, or $1.09 per share. Special items for the …

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Increased earnings reported by ONE Gas

ONE Gas, Inc. in Tulsa announced second quarter 2019 earnings this week including net income of $24.5 million or 46 cents a diluted share. It was an increase from the $20.4 million and 39 cents a share reported in the second quarter of 2018. The company stated that its net income so far in 2019 …

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Amazon to start hiring for 1,500 jobs in OKC

Hiring has started for Amazon’s first fulfillment center in Oklahoma City. The company will take applications from Aug. 2 to Sept. 19 to fill more than 1,500 warehouse jobs in Oklahoma City. The Center is located at 9201 S Portland and pay will range from $15 to $17.80 an hour. Amazon eventually expects to have …

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Phone bills going up

  From the Tulsa World: Oklahoma AT&T customers will notice an increase on their phone bills this month. Their contribution to underwrite the Oklahoma Universal Service Fund rose almost five times, effective July 1. AT&T recently notified the Corporation Commission that it would raise the OUSF rate from 75 cents a month to $3.91 a …

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Democrats oppose moving BLM headquarters to Colorado

  Democrats in the U.S. House don’t like the Trump administration’s plans to move the Bureau of Land Management headquarters from Washington, D.C. to Grand Junction, Colorado. They’ve ordered congressional hearings to be held in September. The House Natural Resources Committee chairman, Rep. Raul M. Grijalva (D-Ariz.) scheduled a morning hearing for Sept. 10 on …

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New rules to take effect at Oklahoma Corporation Commission

New rules adopted by the Oklahoma Corporation Commission take effect this week. They apply to Transportation and Petroleum Storage Tank rules and go into effect on Aug. 1.     The attached Petroleum Storage Tank Rules are searchable and will become Effective August 1, 2019.They will be posted on the Commission’s website on August 1, …

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