(BELLE VERNON, PA, SEPTEMBER 16, 2024)—Guttman Holdings, Inc, a 100% employee-owned organization and the parent company of Guttman Energy, Inc., Guttman Renewables, LLC, and Source One Transportation, LLC, announces today that Guttman Energy and Source One Transportation have acquired the assets of Weaver Energy, Inc. of Lititz, PA. Founded in 1995 by Ken and Deb […]
Read MoreThird Major Deal in Energy Sector Announced
United States shale oil producer CrownRock has agreed to be purchased by Occidental Petroleum in a stock and cash deal valued at $12 billion dollars. CrownRock is a major privately held energy producer that operates in the Permian Basin. This deal expands Occidental Petroleum’s presence in the largest shale oilfield in the United States. The […]
Read MoreXPO to Purchase Yellow Freight Service Centers Totaling $870 Million
In August of 2023, Yellow Freight Service filed for bankruptcy, and the near-100-year-old company ceased all business operations. As the fallout from that continues, 128 of their 169 properties sold for a whopping $1.9 billion. Among the buyers, the most notable is XPO, who is purchasing 28 of Yellow’s locations totaling $870 million. XPO purchasing […]
Read MoreFuel Management Services with Major Operability Solutions
Fuel Management Help for a Heavy Construction Contractor One of the largest earthmoving general contractors in the PA/OH/WV region needed help. This company specializes in construction operations for highway, site development and mining projects, even getting involved in Marcellus shale development. They deal with a lot of sensitive equipment, and reliability or operability issues can […]
Read MoreNew Year, not so New Market
The new year roared in somewhat uneventful in the commodities market. The markets seemed to be finding a stride, finding their way back to fundamentals and technical data while straying from a 2-year pattern of extreme volatility. 2023 seemed like it was going to yield markets that would follow norms, the usual prior to February […]
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