Mammoth Energy Services, Inc. Announces Third Quarter 2024 Operational and Financial Results
Mammoth Energy Services, Inc. (TUSK)
Last mammoth energy services, inc. earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
ir.mammothenergy.com
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Source: PR Newswire
OKLAHOMA CITY, Nov. 1, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the third quarter ended September 30, 2024.Arty Straehla, Chief Executive Officer of Mammoth commented, "Softness across our Well Completion Services markets appeared to have bottomed in the third quarter, and we expect a rebound in the fourth quarter. More importantly, we were pleased to have recently received a total of $168.4 million of the $188.4 million owed to our subsidiary through the Settlement Agreement with the Puerto Rico Electric Power Authority, or PREPA. We are now debt free and have plans to invest in both our Infrastructure Services and Well Completion Services divisions over the next year. In Infrastructure Services, we will be investing in additional crews and our engineering services capabilities to better serve our customers. In our Well Completion Services division, we will be upgrading pressure
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News
- Mammoth Energy Services, Inc. (NASDAQ: TUSK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- US Penny Stocks To Watch In November 2024 [Yahoo! Finance]Yahoo! Finance
- Mammoth Energy Services, Inc. Announces CEO TransitionPR Newswire
- Mammoth Energy Services, Inc. (NASDAQ: TUSK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Mammoth Energy Services Third Quarter 2024 Earnings: US$0.50 loss per share (vs US$0.023 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
TUSK
Sec Filings
- 12/16/24 - Form 4
- 11/26/24 - Form 4
- 11/22/24 - Form 4
- TUSK's page on the SEC website