Oklahoma State Treasurer Randy McDaniel says even though February gross receipts to the treasury show a continuing expansion of the state’s economy, the Russian invasion of Ukraine raises concerns for him–including inflationary pressure. McDaniel reported that February gross receipts of $1.06 billion are up by almost 12% compared to the same month last year. He …
March 4, 2022 archive
Mammoth Energy recorded growing 4Q losses
Mammoth Energy Services, Inc. reported growing losses in the fourth quarter and all of 2021. The Oklahoma City-based company stated its fourth quarter 2021 net loss totaled $13.3 million or 28 cents a share compared to $11.9 million or 26 cents a share for the same quarter of 2020. But the fourth quarter loss …
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