Strategic Transactions and Portfolio Repositioning
Mammoth Energy completed three strategic transactions in the second quarter: purchasing aviation assets for $11.5 million, selling infrastructure subsidiaries for $108.7 million, and divesting hydraulic fracturing equipment for $15 million. These moves were aimed at diversifying services and positioning for future growth.
Growth in Rental Services Segment
Revenue from the rental services segment increased by 72% compared to the previous year, driven by expanded aviation rental offerings. Equipment rented out increased by 33% year-over-year.
Infrastructure Services Revenue Increase
Infrastructure services revenue increased by 20% from the previous year, with strong demand in engineering and fiber businesses contributing approximately one-third of total revenue.
Strong Cash Position
Mammoth Energy reported a significant cash position of $157.3 million as of June 30, 2025, with no outstanding debt, providing flexibility for future strategic investments.