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An update from Mammoth Energy Services ( (TUSK) ) is now available.
Mammoth Energy Services, Inc. reported significant developments in the third quarter of 2024, including a financial rebound expectation in the fourth quarter after resolving a major debt with the Puerto Rico Electric Power Authority. Despite a drop in revenue to $40 million and a net loss of $24 million, the company plans strategic investments in infrastructure and well completion services, aiming to leverage future market demand and enhance shareholder value.
For detailed information about TUSK stock, go to TipRanks’ Stock Analysis page.