Strategic Transformation and Transactions
Mammoth Energy executed several transactions in Q2 2025, including the acquisition of 8 small passenger aircraft and related aviation assets for $11.5 million, generating positive EBITDA from day 1. The company also completed the sale of three infrastructure subsidiaries for $108.7 million and the sale of hydraulic fracturing equipment for $15 million, repositioning the portfolio for future growth.
Revenue Growth in Key Segments
The rental services segment saw a 72% revenue increase to $3.1 million, driven by aviation rentals. The infrastructure services segment's revenue grew by 20% to $5.4 million, and the sand segment experienced a 15% revenue increase to $5.4 million.
Strong Cash Position and Debt-Free Balance Sheet
As of June 30, 2025, Mammoth had a total cash position of $157.3 million and remained debt-free, providing significant liquidity for future strategic investments.