Sunday, January 24, 2016

25 Largest Oklahoma Companies 9 Months Sept 2015 US GAAP Total LOSSES Were $27.1 BIL, a $37.6 BIL EARNINGS DETERIORATION from the 9 Months Sept 2014 US GAAP Total EARNINGS of $10.5 BIL and Greedy Wall Street is Blaming This on the US Government SEC and the FASB's Oil and Gas Properties Accounting? ..... Give Me a Break! ..... Bernie Sanders and Elizabeth Warren Are Both "Spot On" on the Big Banks

From their SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations for each of  the 25 largest Oklahoma Companies all with market caps above $100 mil, predominately Oil and Gas Related Companies, with December Year Ends for the 9 Months Ended September 2015 and 2014:





Nine Nine




 Months   Months 




2015 2014



Most Net Net Increase
Oklahoma Largest Companies City State Recent Income Income (Decrease)
With December Year Ends HQs HQs FYE (Loss) (Loss) Amount



 $ mils  $ mils  $ mils







Chesapeake Energy Oklahoma City OK Dec14        (12,450)            1,387        (13,837)
Devon Energy Oklahoma City OK Dec14        (10,291)            2,070        (12,361)
SandRidge Energy Inc Oklahoma City OK Dec14          (3,537)                 38          (3,575)
Williams Companies Tulsa OK Dec 14                 23            2,027          (2,004)
Laredo Petroleum Tulsa OK Dec14          (1,245)                 64          (1,309)
Enable Midstream Partners LP Oklahoma City OK Dec14             (823)               410          (1,233)
Continental Resources Oklahoma City OK Dec14             (214)               863          (1,077)
Unit Corp  Tulsa  OK Dec14             (728)               179             (907)
Williams Partners LP Tulsa OK Dec 14               277               822             (545)
Gulfport Energy Corp Oklahoma City OK Dec14             (394)               137             (531)
Alliance Holdings GP, LP Tulsa OK Dec14               283               370               (87)
Oneok Partners LP Tulsa OK Dec 14               588               647               (59)
ONEOK Tulsa OK Dec14               412               468               (56)
LSB Industries Inc Oklahoma City OK Dec14               (27)                 19               (46)
WPX Energy Tulsa OK Dec14             (107)               (98)                 (9)
AAON Inc Tulsa OK Dec14                 33                 34                 (1)
Rose Rock Midstream LP Tulsa OK Dec14                 48                 48                 -  
BOK Financial Tulsa OK Dec14               231               230                   1
BancFirst Corp  Oklahoma City  OK Dec14                 50                 48                   2
Orchids Paper Products Co Pryor OK Dec14                 10                   7                   3
Blueknight Energy Partners LP Oklahoma City OK Dec14                 23                 19                   4
SemGroup Group Tulsa OK Dec14                 44                 39                   5
ONE Gas Inc Tulsa OK Dec14                 80                 73                   7
Paycom Software Oklahoma City OK Dec14                 16                   3                 13
Magellan Midstream Partners LP Tulsa OK Dec14               612               587                 25







Total all 25


       (27,086)          10,491        (37,577)