October 15, 2016 archive

Mammoth Energy Goes Public

Oklahoma’s newest publicly traded company is Mammoth Energy Services Inc. as the company finished a $116 million initial public offering. It was the first oil-field services company IPO since August of 2014. Executives were on hand Friday to ring the opening bell at Nasdaq. ┬áBy later in the day, shares were trading at $14, below …

Continue reading »

More Oil and Gas Rigs Reported in Oklahoma and U.S.

Oil and gas drilling rig counts make another dramatic increase nationally and in Oklahoma, increasing by 15 in the past week in the U.S. and going up 3 to reach a total of 73 in Oklahoma. Figures from Baker Hughes Company in Houston, those reflecting services offered by the company show the national rig count …

Continue reading »