Mammoth Energy Services
TUSK

$3.98

4.08%

Market Cap: 192M

About: Mammoth Energy Services Inc is an integrated, growth oriented energy services company engaged in providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves as well as the construction and repair of the electric grid for private utilities, public investor-owned utilities, and co-operative utilities through infrastructure services businesses. Its suite of services includes well-completion services, infrastructure services, natural sand proppant services, drilling services, and other services. The majority of revenues are earned from the well-completion services and geographically from the United States followed by Canada and other countries.

Employees: 733

Energy Oil & Gas Field Services

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

3,625% more call options, than puts

Call options by funds: $447K | Put options by funds: $12K

0% more funds holding

Funds holding: 66 [Q4 2023] → 66 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.06% less ownership

Funds ownership: 78.5% [Q4 2023] → 78.44% (-0.06%) [Q1 2024]

18% less capital invested

Capital invested by funds: $168M [Q4 2023] → $137M (-$31M) [Q1 2024]

40% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 30

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Research analyst outlook

We haven’t received any recent analyst ratings for TUSK.

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Financial journalist opinion

COBRA ACQUISITIONS LLC ANNOUNCES SETTLEMENT AGREEMENT WITH PREPA

Total Settlement Proceeds Expected to be Approximately $188 Million OKLAHOMA CITY , July 22, 2024 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ: TUSK) today announced that it has entered into a release and settlement agreement with the Puerto Rico Electric Power Authority ("PREPA") and the Financial Oversight and Management Board for Puerto Rico, in its capacity as Title III representative for PREPA ("FOMB"), to settle all outstanding matters between Cobra and PREPA (the "Settlement Agreement"). Arty Straehla, Chief Executive Officer, commented, "We are pleased to have reached this resolution with PREPA and look forward to receiving the money for work we concluded over five years ago.

COBRA ACQUISITIONS LLC ANNOUNCES SETTLEMENT AGREEMENT WITH PREPA

Mammoth Energy Services, Inc. (TUSK) Q1 2024 Earnings Call Transcript

Mammoth Energy Services, Inc. (NASDAQ:TUSK ) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Zach Vaughan - Investor Relations Arty Straehla - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants Blake McLean - Daniel Energy Partners Michael Mathison - Singular Research Operator Greetings, and welcome to the Mammoth Energy Services First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Mammoth Energy Services, Inc. (TUSK) Q1 2024 Earnings Call Transcript

Mammoth Energy Services: Dealing With Challenging Near-Term Business Conditions

Mammoth's Q1 2024 results were quite weak, with negative $6 million in adjusted EBITDA, excluding PREPA interest. Only an average of 0.6 of its 6 pressure pumping fleets were active in Q1 2024. I still expect a 1H 2025 rebound in demand, but Mammoth will need to manage its liquidity for the rest of 2024.

Mammoth Energy Services: Dealing With Challenging Near-Term Business Conditions

Mammoth Energy Services, Inc. Announces First Quarter 2024 Operational and Financial Results

OKLAHOMA CITY , May 2, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the first quarter ended March 31, 2024. Financial Overview for the First Quarter 2024: Total revenue was $43.2 million for the first quarter of 2024 compared to $116.3 million for the same quarter of 2023 and $52.8 million for the fourth quarter of 2023.

Mammoth Energy Services, Inc. Announces First Quarter 2024 Operational and Financial Results

MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2024 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

OKLAHOMA CITY , April 22, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) (the "Company"), announced today that it will disclose its 2024 first quarter financial results before the market opens on Thursday, May 2, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss first quarter results on the same day at 10:00 a.m.

MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2024 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

Mammoth Energy Services, Inc. (TUSK) Q4 2023 Earnings Call Transcript

Mammoth Energy Services, Inc. (TUSK) Q4 2023 Earnings Call Transcript

Mammoth Energy Services, Inc. (TUSK) Q4 2023 Earnings Call Transcript

Mammoth Energy Services, Inc. Announces PREPA's Payment of $50.6 Million and Reports Fourth Quarter and Full Year 2023 Operational and Financial Results

OKLAHOMA CITY , March 1, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today announced payment of $50.6 million from the Puerto Rico Electric Power Authority ("PREPA") for a portion of the work its wholly-owned subsidiary Cobra Acquisitions LLC ("Cobra") completed in the aftermath of Hurricane Maria. This is in addition to $13.4 million paid by PREPA in January 2024.

Mammoth Energy Services, Inc. Announces PREPA's Payment of $50.6 Million and Reports Fourth Quarter and Full Year 2023 Operational and Financial Results

Mammoth Energy: Improved Liquidity By Partially Monetizing Accounts Receivables

Mammoth Energy Services, Inc. exchanged some of its Puerto Rico Electric Power Authority accounts receivables for cash upfront from a third party. Mammoth will give the next $54.4 million paid by PREPA to the SPCP Group and is receiving $46.3 million in net proceeds. The proceeds help pay off Mammoth's credit facility debt and gives it the ability to weather a period of challenging business results.

Mammoth Energy: Improved Liquidity By Partially Monetizing Accounts Receivables

MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

OKLAHOMA CITY , Feb. 12, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) (the "Company"), announced today that it will disclose its 2023 fourth quarter and full year financial results before the market opens on Friday, March 1, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss fourth quarter and full year results on the same day at 10:00 a.m.

MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

COBRA ACQUISITIONS LLC ANNOUNCES MONETIZATION OF A PORTION OF THE PREPA RECEIVABLE

OKLAHOMA CITY , Dec. 6, 2023 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ: TUSK) today announced that, on December 1, 2023, it entered into an agreement to transfer approximately $54.4 million of its outstanding receivable with the Puerto Rico Electric Power Authority ("PREPA") to SPCP Group, LLC ("SPCP Group") in exchange for net proceeds of $46.3 million. Mark Layton, Chief Financial Officer, commented, "We are pleased to enter this agreement with SPCP Group to monetize a portion of our outstanding receivable with PREPA.

COBRA ACQUISITIONS LLC ANNOUNCES MONETIZATION OF A PORTION OF THE PREPA RECEIVABLE

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