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Mammoth Energy Services
(NASDAQ:TUSK)
Mammoth Energy Services (TUSK) vs. SPDR S&P 500 ETF (SPY)
Mammoth Energy Services Business Overview & Revenue Model
Mammoth Energy Services Earnings Call Summary
Mammoth Energy Services Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 207.21M | 187.93M | 309.49M | 362.09M | 228.96M | 313.08M |
| Gross Profit | 28.31M | 36.46M | 61.65M | 83.50M | 30.64M | 81.06M |
| EBITDA | -166.86M | -168.25M | 70.44M | 43.95M | -39.41M | -19.06M |
| Net Income | -196.05M | -207.33M | -3.16M | -619.00K | -101.43M | -107.61M |
Balance Sheet | ||||||
| Total Assets | 374.35M | 384.03M | 698.48M | 724.68M | 720.89M | 824.56M |
| Cash, Cash Equivalents and Short-Term Investments | 56.65M | 60.97M | 16.56M | 17.28M | 11.66M | 16.57M |
| Total Debt | 5.40M | 18.03M | 63.26M | 93.88M | 98.57M | 102.50M |
| Total Liabilities | 121.84M | 131.21M | 238.38M | 262.06M | 257.67M | 261.24M |
| Stockholders Equity | 252.51M | 252.82M | 460.10M | 462.62M | 463.22M | 563.33M |
Cash Flow | ||||||
| Free Cash Flow | 115.93M | 163.65M | 11.99M | 2.53M | -24.71M | 130.00K |
| Operating Cash Flow | 136.08M | 180.72M | 31.39M | 15.27M | -18.86M | 6.97M |
| Investing Cash Flow | -12.32M | -10.43M | -8.79M | -2.12M | 5.51M | -2.29M |
| Financing Cash Flow | -67.42M | -112.11M | -15.59M | -5.60M | 8.43M | 4.27M |
Mammoth Energy Services Technical Analysis
Mammoth Energy Services Risk Analysis
Mammoth Energy Services Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥254.55B | 13.00 | 8.49% | 3.09% | 6.31% | 12.77% | |
65 Neutral | $804.33M | 3.75 | 24.14% | ― | 5.83% | 72.33% | |
62 Neutral | $2.93B | 29.86 | 2.09% | 0.30% | -0.31% | -58.07% | |
58 Neutral | $755.13M | ― | -6.42% | 1.82% | 5.70% | 36.39% | |
53 Neutral | $788.86M | ― | -17.17% | 3.93% | -9.04% | -339.31% | |
51 Neutral | $116.53M | ― | -17.87% | ― | -7.16% | 28.78% | |
51 Neutral | $134.76M | ― | -55.95% | ― | -12.33% | -738.00% |
Mammoth Energy Services Corporate Events
On July 2, 2025, Mammoth Energy Services, Inc. announced a reduction in its revolving credit facility with Fifth Third Bank from $75 million to $50 million, potentially impacting its financial flexibility. Additionally, Bernard Lancaster was appointed as the Chief Operating Officer effective July 1, 2025, with a compensation package including a $300,000 base salary and eligibility for an annual discretionary bonus.
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.
On June 16, 2025, Mammoth Energy Services, through its subsidiaries Stingray Pressure Pumping LLC and Mammoth Equipment Leasing LLC, sold its hydraulic fracturing equipment to MGB Manufacturing, LLC for $15 million. This transaction, completed simultaneously with the signing of the agreement, will lead to an impairment expense of $7.7 million to $9.2 million in the second quarter of 2025, as the carrying value of goodwill exceeded its fair value. Additionally, Mammoth will report its hydraulic fracturing business as discontinued operations in its financial statements, reflecting a strategic shift in its business operations.
On June 11, 2025, Mammoth Energy Services held its Annual Meeting of Stockholders in Oklahoma City, where stockholders voted on four proposals. Key outcomes included the election of Arthur Amron, Corey Booker, Paul Jacobi, and James Palm as directors until the 2026 meeting, and the approval of executive compensation on an advisory basis, reflecting shareholder support for the company’s leadership and compensation strategies.
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.
Mammoth Energy Services reported positive financial results for the first quarter of 2025, with revenue increasing to $62.5 million and a net loss significantly reduced from the previous year. The company completed the sale of three infrastructure subsidiaries for $108.7 million, enhancing its cash position and allowing for strategic capital deployment. Despite market uncertainties related to tariffs and geopolitical events, Mammoth remains focused on aligning its operations with customer activities and preparing for potential commodity pricing pressures.
On April 11, 2025, Mammoth Energy Services‘ subsidiary, Lion Power Services LLC, sold its equity interests in 5 Star Electric, Higher Power Electrical, and Python Equipment to Peak Utility Services Group for $108.7 million. This transaction, which includes CEO Phil Lancaster transitioning to Peak, is expected to unlock significant value for Mammoth, enhancing its cash position to $160 million and expanding its investment opportunities. Additionally, Mammoth purchased eight small passenger aircraft for $11.5 million, aiming to diversify and grow its rental services fleet. The company also amended its revolving credit agreement to allow stock repurchases and broaden investment opportunities, reflecting its strategic growth and financial improvement.