Lodging provider Civeo to release earnings report next week

Mancamp-provider Civeo Corporation, the Canadian-based firm with manufacturing operations in Oklahoma plans to release its third quarter 2019 earnings report on Friday, October 25. The report will be released before the market opens on that day and company management will later hold a conference call at 10 a.m. Central Time to discuss the results. With …

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Improved production at Gulfpoint Energy in OKC

Production gains for the third quarter of the year were reported by Oklahoma City’s Gulfport Energy Corporation this week. Net production for the third quarter was up 12% over the second quarter of 2019 and averaged nearly 1.5 billion cubic feet equivalent. The mix included 93% natural gas, 5% natural gas liquids and 2% oil. …

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Helmerich and Payne to release earnings report in November

Tulsa’s Helmerich and Payne plans to release its fiscal fourth quarter 2019 earnings report on Friday, November 15, 2019. The release will be made with a conference call at 10 a.m. Central Time. John Lindsay, President and CEO will be joined by Mark Smith, Vice President and CFO and Dave Wilson, Director of Investor Relations …

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Name change is official for Baker Hughes Company

Following the considerable sale of General Electric stock, Baker Hughes has successfully changed its name to Baker Hughes Company.  It is no longer Baker Hughes GE. The change will take place officially Friday, October 18, the date that its Class A common stock will begin trading on the New York Stock Exchange under the symbol …

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Wells Fargo signs deal to create massive Texas solar farm

Wells Fargo has announced a 10-year structured renewable energy agreement to provide solar power from a new Texas facility to nearly 400 Wells Fargo properties. The deal is with Reliant, an NRG Energy company and is the bank’s largest contract to date in support of its corporate strategy to advance the development of new sources …

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Shawnee Tubing Industries closing doors

A longtime manufacturing company in Pottawatomie County will cease operations according to a report by KOCO TV News. Shawnee Tubing Industries, which has gone through layoffs and has faced competition, will close its doors for good Wednesday. The company was a pillar in the community for more than 50 years. “A very difficult and painful …

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More energy briefs

What’s happening in other states in the energy sector. **  The governor of Montana, faced with a slumping energy industry is preparing to make more budget cuts. Gov. Mark Gordon is trying to balance the state’s need to raise revenue. ** Ethanol advocates say the Trump administration has reneged on its promise to boost biofuel demand with a proposal …

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Evergy announces solar operation in south central Missouri

Evergy, the newly-named Kansas City based company announced it has reached agreement to build a new solar operation in West Plains, Missouri. The new solar installation will generate 9.6 megawatts of energy, which is enough to power 1,200 homes in the city located in far southern Missouri near the Arkansas state line. “Evergy is excited …

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Lack of climate change talk in Democratic debate surprises some voters

Climate change drew hardly any mention in the Tuesday night debate by a dozen Democratic Presidential candidates.And it left some observers surprised, including writer Ben Geman with Axios. Here’s what he had to say about it: The total absence of energy and climate questions in (the) Democratic debate didn’t prevent the topics from surfacing in …

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Campaign funds reported by Senators and Representatives

Oklahoma’s congressional delegation consisting of the U.S. Senators and U.S. Representatives who help make decisions affecting the energy industry have filed their quarterly campaign contribution reports with the Federal Election Commission. U.S. Sen. Jim Inhofe reported his campaign fund totaled more than $2 million at the end of  September. However, the 84-year old Republican Senator …

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