Mammoth Energy Services, Inc. Aktie News

Mammoth sold its Aquawolf business and is receiving up to $26 million in net cash proceeds. This is around 15x current net income for that business. TUSK's business performance should improve in 2026 with reduced legal fees, positive sand margins and more aviation assets in service.

ORLANDO, Fla.--(BUSINESS WIRE)--Qualus Corporation (“Qualus”), a leading pure-play power solutions firm and innovator at the forefront of power infrastructure transformation, announced it has acquired Aquawolf, the transmission and distribution engineering subsidiary of Mammoth Energy focused on high-voltage transmission infrastructure. This acquisition adds to Qualus' strong transmission and d...

Sales Price of $30.0 million; Further Expands Deployment Opportunities OKLAHOMA CITY , Dec. 2, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") today announced that its subsidiary, Mammoth Energy Partners LLC, has completed a sale of all equity interests in its wholly owned subsidiary, Aquawolf LLC ("Aquawolf"), to Qualus, LLC for an aggregate sales...

Mammoth Energy Services, Inc. ( TUSK ) Q3 2025 Earnings Call October 31, 2025 11:00 AM EDT Company Participants Mark Layton - CFO & Company Secretary Bernard Lancaster - COO & Principal Executive Officer Conference Call Participants Mohammed Topiwala Colby Sasso Doug Garber Presentation Operator Greetings, and welcome to the Mammoth Energy Services Third Quarter Earnings Conference Call. [Opera...

OKLAHOMA CITY , Oct. 31, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the third quarter ended September 30, 2025. Mark Layton, Chief Financial Officer of Mammoth commented, "Mammoth continued to make meaningful progress this quarter in advancing our transformation and strengthening the foundat...

Mammoth has sold off some of its main former businesses and is investing in its aviation portfolio. It is projected to end 2025 with $89 million in cash, net of income taxes payable. It is also owed another $20 million by PREPA, although that depends on more progress in PREPA's lengthy bankruptcy proceedings.

OKLAHOMA CITY , Oct. 16, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") will host a conference call on Friday, October 31, 2025, to discuss the Company's results for the third quarter ended September 30, 2025. The conference call will begin at 11:00 a.m.

Mammoth Energy Services Navigates Strategic Pivot Amid Quarterly Losses