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Mammoth Energy Services ( (TUSK) ) has issued an announcement.
On June 24, 2025, Mammoth Energy Services announced that its CEO, Phil Lancaster, was appointed as a non-independent voting member of the board of directors, effective July 1, 2025, following his resignation as CEO on June 30, 2025. Additionally, the board confirmed that its chairman, Arthur Amron, meets the independence standards set by Nasdaq, ensuring unbiased governance.
Spark’s Take on TUSK Stock
According to Spark, TipRanks’ AI Analyst, TUSK is a Neutral.
The overall stock score is primarily driven by financial challenges, with declining revenues and profitability being significant concerns. Positive technical indicators and improved cash positions from strategic transactions provide some optimism. The company needs to overcome macroeconomic uncertainties and improve profitability to enhance its outlook.
To see Spark’s full report on TUSK stock, click here.
More about Mammoth Energy Services
Mammoth Energy Services, Inc. operates in the energy sector, providing a range of services primarily focused on the oil and gas industry.
Average Trading Volume: 184,917
Technical Sentiment Signal: Sell
Current Market Cap: $138.6M
Find detailed analytics on TUSK stock on TipRanks’ Stock Analysis page.