Stephen Letko

Stephen Letko launched his own firm, SPL Enterprises LLC, in 2000 after a distinguished career in executive positions with companies including Dodson Steel Products, Mills Iron Works and Crane Company. His expertise includes implementation of new markets, restructuring companies to improve their financial position, and developing marketing, quality and employee incentive programs. Contact him at 770-972-8282 or sletko@splenterprises.com.

PVF Market Overview

Little Disruption in Energy Industry Under Biden Presidency

With the likely odds of a Republican Senate and the looming 2022 midterms, the president-elect needs to be measured in his approach.

January 4, 2021

Stephen Letko

No Comments

While the outcome of the Senate races in Georgia had yet to be determined when this column was written, the Electoral College met and declared Joe Biden as president-elect.

PVF Market Overview

Biden Presidency Poses Concerns for Oil and Gas Industry

Anticipated tougher federal regulations, and possible outright barriers to much activity on federal lands, does not bode well for our sector.

December 1, 2020

Stephen Letko

No Comments

We have come to the end of a year that has been very turbulent and disturbingly disruptive for the PVF industry.

PVF Market Overview

PVF Market Sees Positive Signs in 4Q Projects

Automotive, energy and data centers are the industry’s bright spots.

October 31, 2020

Stephen Letko

No Comments

The COVID-19 pandemic has had a devastating impact on the demand for energy, including electricity, oil, gas and liquid natural gas.

PFV Market Overview

Sharp Rebound for U.S. Manufacturing Sector

Industrial manufacturing projects are heating up in Louisiana, Oklahoma and Texas.

October 14, 2020

Stephen Letko

No Comments

This issue celebrates the 75th anniversary of The Wholesaler Magazine, which has evolved into the premier industry organ serving the HVAC and PVF industries.

PVF Market Overview

Oil/Gas Companies Report 2Q Losses

Major corrective measures have been instituted industry-wide to reduce costs and increase efficiencies.

August 31, 2020

Stephen Letko

No Comments

With the second-quarter earnings reports in August registering a gusher of red ink across the industry as expected, the following are some of the more prominent companies reporting losses.

PVF Market Overview

Uptick in 2020 Oil Forecasts, Chemical Plant Construction Increases

The skilled labor shortage, however, continues to be a significant constraint going forward.

August 10, 2020

Stephen Letko

No Comments

The skilled labor shortage, however, continues to be a significant constraint going forward.

PVF Market Overview

Oil Prices on the Rise

Demand for gasoline also rebounds, and the automotive sector looks to bring back manufacturing capacity to home shores.

July 6, 2020

Stephen Letko

No Comments

Can you believe it! The second half of 2020 is here and looking much brighter than the first half, I hope.

PVF Market Overview

A Perfect Storm

Oil price war and COVID-19 converged to cut oil production and slash capex spending.

June 1, 2020

Stephen Letko

No Comments

Oil price war and COVID-19 converged to cut oil production and slash capex spending.

PVF Market Overview

Oil Prices Fall, Capex Projects Cut

However, there still is a substantial amount of capital expenditures slated for 2020.

May 4, 2020

Stephen Letko

No Comments

Uncertainty continues to prevail in our industry as we enter the second month of quarter No. 2 of calendar year 2020. Our sector of the economy has, and continues to be, engulfed in a perfect storm of events.