Issuu on Google+

Oklahoma energy firms shine in latest rankings Adam Six of the eight Another big year Wilmoth leading energy for the oil industry awilmoth@ companies this helped boost the year are midstate economy and stream partnerland eight energy ships involved in firms on the Okla- ENERGY EDITOR pipelines, prochoma Inc. top 10. While energy led the way essing plants and other ways to again, the tide has shifted, at move and treat oil and natural least among the top ranking gas. A seventh company builds storage tanks to support that companies on the list. business. Last year, oil and natural gas producers led the list. While much of the energy industry is experiencing growth, Tulsa money manager Jake Dollarhide said midstream companies are benefiting from increased oil and natural gas production without facing the risk of commodity prices. “Midstream is the sweet spot, dragging a lot of investors into the play,” said Dollarhide, CEO of Longbow Asset Management Co. in Tulsa. “Midstream companies are making a toll on the oil and gas regardless of prices.” Only four companies from last year’s top 10 have claimed SEE RANKINGS, PAGE 2T PHOTO BY STEVE SISNEY, THE OKLAHOMAN

Oklahoma Inc. 2013 Edition

Related publications