Stephen Letko

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.

Articles

ARTICLES

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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
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.
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tw07_letko
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
Can you believe it! The second half of 2020 is here and looking much brighter than the first half, I hope.
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tw06_letko
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
Oil price war and COVID-19 converged to cut oil production and slash capex spending.
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tw05_letko
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
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. 
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tw03_letko
PVF Market Overview

Companies Continue Pipeline Projects

Despite the current oil glut due in part to declining demand in China, U.S. oil companies are moving on with capex ventures.
March 2, 2020
Stephen Letko
As of this writing, oil prices have retreated as a result of the coronavirus, coupled with the glut of oil on the market, to $50.34 for WTI and $54.45 for Brent Crude.
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tw02_letko
PVF Market Overview

Signs Point to 2021 Construction Downturn

Positive signs for 2020 include the economy and interest rates.
February 3, 2020
Stephen Letko
A market downturn in the construction industry is coming; however, it’s not likely until after 2020. Construction industry members and observers know a decline is inevitable with market growth continuing too long to last.
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tw01_letko
PVF Market Overview

Recession Not Expected in 2020

Construction starts in the industrial sector for 2020 is projected to remain relatively steady.
January 6, 2020
Stephen Letko
The construction markets are entering the late stage of the recovery cycle; however, experts do not predict an impending downturn in the United States.
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PVF Market Overview

Construction Executives See Slight Downturn in 2020

The biggest uncertainty is the impact of the 2020 presidential election.
November 29, 2019
Stephen Letko
With the end of the year rapidly approaching, we begin to focus on what to expect in the year 2020. The Bureau of Labor Statistics reported an increase in the construction industry’s jobless rate. It rose to 4 percent at the end of the third quarter, despite a gain of 10,000 jobs.
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