Mammoth Energy Announces Leadership Changes in June 2025

The latest update is out from Mammoth Energy Services ( (TUSK) ).

Mammoth Energy Services, Inc. announced changes in its executive leadership, with Phil Lancaster resigning as CEO effective June 30, 2025, to join Peak Utility Services Group, Inc. as an employee on July 1, 2025. Subsequently, Bernard Lancaster has been appointed as the new Chief Operating Officer and Principal Executive Officer, effective July 1, 2025, bringing over 11 years of experience within various Mammoth subsidiaries.

Spark’s Take on TUSK Stock

According to Spark, TipRanks’ AI Analyst, TUSK is a Neutral.

The overall stock score for Mammoth Energy Services is 52.4, primarily influenced by financial challenges including declining revenues and profitability, which are partially offset by strong operating cash flow. The earnings call provided some positive insights with revenue growth and improved cash position, yet valuation concerns remain due to the negative P/E ratio. Technical analysis suggests mixed momentum, with short-term bullish signals not fully offsetting the longer-term bearish outlook. Strategic asset transactions and cash management are critical to improving the company’s financial health.

To see Spark’s full report on TUSK stock, click here.

More about Mammoth Energy Services

Average Trading Volume: 179,254

Technical Sentiment Signal: Sell

Current Market Cap: $128.5M

For an in-depth examination of TUSK stock, go to TipRanks’ Stock Analysis page.