TUSK earnings

OKLAHOMA CITY, May 11, 2026 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the first quarter ended March 31, 2026. Mark Layton, Chief Financial Officer of Mammoth commented, "The first quarter is a meaningful step forward for Mammoth and reflects the work we've been doing over the past several quarters to reposition the business. We've simplified the portfolio, allocated capital towards high returns businesses, and taken meaningful cost out of the structure — and we're starting to see that come through in the results.Aviation continues to perform well and is providing a more stable earnings base, a

OKLAHOMA CITY, April 20, 2026 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") will host a conference call on Monday, May 11, 2026, to discuss the Company's results for the first quarter ended March 31, 2026. The conference call will begin at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Prior to the call, the Company will issue a press release announcing the results, which will also be available in the Investor Relations section of the Mammoth website.The call will be webcast live and can be accessed through the Company's website. Participants may also join by dialing +1-201-689-8433 and requesting the Mammoth conference call. Please log in or di

OKLAHOMA CITY, March 6, 2026 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the fourth quarter and full year ended  Mark Layton, Chief Financial Officer of Mammoth commented, "2025 was a transformative year for Mammoth. We made the deliberate decision to reshape our portfolio, with four divestitures generating in excess of $150 million in cash proceeds. These transactions strengthened our balance sheet, pruned non-performing businesses and gave us the financial flexibility to invest in higher-return opportunities. Most notably, we deployed over $65 million into our aviation platform at an attractiv

OKLAHOMA CITY, Feb. 5, 2026 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") will host a conference call on Friday, March 6, 2026, to discuss the Company's results for the fourth quarter and full year ended December 31, 2025. The conference call will begin at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Prior to the call, the Company will issue a press release announcing the results, which will also be available in the Investor Relations section of the Mammoth website. The call will be webcast live and can be accessed through the C

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 price of $30.0 million, advancing the Company's ongoing transformation and portfolio optimization initiatives. Aquawolf's revenue grew from $12.1 million in 2022 to $17.3 million in 2024,

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 foundation of the Company. During the quarter, we completed the divestiture of our Piranha assets within the Sand segment — another deliberate step in pruning the portfolio and exiting lower-return assets — while continuing to deploy capital in our aviation platform, which remains a high-return and scalable gr

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. Eastern Time (10:00 a.m. Central Time). Prior to the call, the Company will issue a press release announcing the results, which will also be available in the Investor Relations section of the Mammoth website. The call will be webcast live and can be accessed through the Company's website. Participants may also join by dialing +1-201-389-0872 and requesting the Mammoth conference call. Please log

OKLAHOMA CITY, Aug. 8, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the second quarter ended June 30, 2025. Mark Layton, Chief Financial Officer of Mammoth commented, "We were pleased to have executed three pivotal transactions during the second quarter that further demonstrated our ability to unlock value and initiated a strategic transformation toward a more demand-centric portfolio. At a time when uncertainty is broadly impacting demand and customer decision making, we remain proactive in repositioning Mammoth to perform through cycles. "In April, we announced the sale of three infrastru

OKLAHOMA CITY, July 28, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2025 second quarter financial results before the market opens on Friday, August 8, 2025. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss second quarter results on the same day at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What:    Mammoth Energy Services' Second Quarter 2025 Earnings Conference Call When:   Friday, August 8, 2025 at 11:00 a.m. Eastern / 10:00 a.m. Central How:     Live via phone – By dialing 1-201-389-0872 and ask for the             Mammoth Energy Services cal

OKLAHOMA CITY, May 7, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the first quarter ended March 31, 2025. Phil Lancaster, Chief Executive Officer of Mammoth commented, "We are pleased with the strength of our first quarter results that generated positive Adjusted EBITDA. During the quarter we experienced incremental growth in all key financial metrics sequentially from the fourth quarter that rebounded off the lows of 2024. Throughout our organization, we are focused on improving our operational efficiencies and cost structure. We plan to continue managing the company opportunistically whi

OKLAHOMA CITY, April 28, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2025 first quarter financial results before the market opens on Wednesday, May 7, 2025. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss first quarter results on the same day at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What:    Mammoth Energy Services' First Quarter 2025 Earnings Conference Call When:   Wednesday, May 7, 2025 at 11:00 a.m. Eastern / 10:00 a.m. Central How:     Live via phone – By dialing 1-201-389-0872 and ask for the             Mammoth Energy Services call

Cash Position Grows to $160 million; Further Expands Deployment Opportunities Company Acquires Planes to Expand Aircraft Rental Services Fleet OKLAHOMA CITY, April 14, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced that its subsidiary Lion Power Services LLC ("Lion") has completed a transaction to sell all equity interests in its wholly-owned subsidiaries 5 Star Electric, LLC ("5 Star"), Higher Power Electrical, LLC ("Higher Power") and Python Equipment LLC ("Python"), to Peak Utility Services Group, Inc. ("Peak") for an aggregate sales price of $108.7 million. At the close of the transaction, Lion received cash proceeds totaling

OKLAHOMA CITY, March 7, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today reported financial and operational results for the fourth quarter and full year ended December 31, 2024. Phil Lancaster, Chief Executive Officer of Mammoth commented, "There were signs of improvement in our results for the fourth quarter. Despite typical seasonality and budget exhaustion, we experienced increased utilization which helped drive sequential improvement. Although we expect 2025 activity to be relatively steady, we have line of sight for potential upside performance compared to 2024 driven by incremental natural gas-related demand, which may further contrib

OKLAHOMA CITY, Feb. 25, 2025 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2024 fourth quarter and full year financial results before the market opens on Friday, March 7, 2025. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss fourth quarter and full year results on the same day at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). What:  Mammoth Energy Services' Fourth Quarter 2024 and Full Year Earnings Conference Call When:  Friday, March 7, 2025 at 11:00 a.m. Eastern / 10:00 a.m. Central How:  Live via phone – By dialing 1-201-389-0872 and ask for the Mammo

OKLAHOMA CITY, Nov. 7, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced that Arty Straehla has notified Mammoth's Board of Directors of his decision to retire as the CEO of the Company, effective as of December 31, 2024. He will remain the CEO of the Company until Phil Lancaster, who currently serves as the Company's Vice President of Corporate Development, transitions into the role of the Chief Executive Officer. Mr. Lancaster will assume the role of the Company's Chief Executive Officer effective as of January 1, 2025. In connection with Mr. Straehla's pending retirement, Mr. Straehla has also resigned as a director of the Compan

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

OKLAHOMA CITY, Oct. 28, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2024 third quarter financial results before the market opens on Friday, November 1, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss third quarter results on the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: Mammoth Energy Services' Third Quarter 2024 Earnings Conference Call When: Friday, November 1, 2024 at 10:00 a.m. Eastern / 9:00 a.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes

OKLAHOMA CITY, Oct. 21, 2024 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK), today announced the receipt of $18.4 million from the Puerto Rico Electric Power Authority ("PREPA") in accordance with the previously announced Settlement Agreement.   Arty Straehla, Chief Executive Officer, commented, "We are pleased to have received the next installment payment under our Settlement Agreement with PREPA and look forward to receiving the final installment of $20 million upon the confirmation of PREPA's plan of adjustment in their bankruptcy proceedings. We maintain a significant cash position o

OKLAHOMA CITY, Oct. 3, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today announced the payoff and termination of its term credit facility with Wexford Capital LP. On October 2, 2024, the Company used a portion of the proceeds received from the first installment payment from the previously disclosed settlement agreement with the Puerto Rico Electric Power Authority to pay off all outstanding amounts under its term credit facility, including accrued and unpaid interest, in the aggregate amount of $50.9 million, and terminated the facility.   Mark Layton, Chief Financial Officer, commented, "We are excited to announce the payoff and termination

OKLAHOMA CITY, Oct. 1, 2024 /PRNewswire/ --Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK), today announced the receipt of $150 million from the Commonwealth of Puerto Rico in accordance with the Settlement Agreement with the Puerto Rico Electric Power Authority ("PREPA"). Arty Straehla, Chief Executive Officer, commented, "We are happy to have received the initial $150 million in settlement proceeds. With this first installment, we intend to extinguish all outstanding obligations under our term credit facility on or before October 16, 2024 and we expect the remaining amount of approximately $98.8 millio

PREPA Required to Pay Cobra $150 Million within Ten Business Days OKLAHOMA CITY, Sept. 19, 2024 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK), today announced that the previously disclosed Settlement Agreement with the Puerto Rico Electric Power Authority ("PREPA") was approved by the Title III Court at the omnibus hearing held on September 18, 2024. Under the terms of the Settlement Agreement, which was approved by Judge Laura Taylor Swain, Cobra will receive total settlement proceeds of $188.4 million. Additionally, PREPA is required to pay Cobra $150 million within ten business days

OKLAHOMA CITY, Aug. 9, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today reported financial and operational results for the second quarter ended June 30, 2024. Financial Overview for the Second Quarter 2024:Total revenue was $51.5 million for the second quarter of 2024 compared to $43.2 million for the first quarter of 2024. Net loss for the second quarter of 2024 was $156.0 million, or $3.25 loss per diluted share, compared to net loss of $11.8 million, or $0.25 loss per diluted share, for the first quarter of 2024. Adjusted EBITDA (as defined and reconciled below) was ($160.7) million for the second quarter of 2024 compared to $4.5 million

OKLAHOMA CITY, July 29, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2024 second quarter financial results before the market opens on Friday, August 9, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss second quarter results on the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: Mammoth Energy Services' Second Quarter 2024 Earnings Conference Call When:  Friday, August 9, 2024 at 10:00 a.m. Eastern / 9:00 a.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes

Total Settlement Proceeds Expected to be Approximately $188 Million OKLAHOMA CITY, July 22, 2024 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ:TUSK) today announced that it has entered into a release and settlement agreement with the Puerto Rico Electric Power Authority ("PREPA") and the Financial Oversight and Management Board for Puerto Rico, in its capacity as Title III representative for PREPA ("FOMB"), to settle all outstanding matters between Cobra and PREPA (the "Settlement Agreement"). Arty Straehla, Chief Executive Officer, commented, "We are pleased to have reached this resolution

OKLAHOMA CITY, May 2, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today reported financial and operational results for the first quarter ended March 31, 2024. Financial Overview for the First Quarter 2024: Total revenue was $43.2 million for the first quarter of 2024 compared to $116.3 million for the same quarter of 2023 and $52.8 million for the fourth quarter of 2023. Net loss for the first quarter of 2024 was $11.8 million, or $0.25 loss per diluted share, compared to net income of $8.4 million, or $0.17 per diluted share, for the same quarter of 2023 and net loss of $6.0 million, or $0.12 loss per diluted share, for the fourth quarter o

OKLAHOMA CITY, April 22, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2024 first quarter financial results before the market opens on Thursday, May 2, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss first quarter results on the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: Mammoth Energy Services' First Quarter 2024 Earnings Conference Call When: Thursday, May 2, 2024 at 10:00 a.m. Eastern / 9:00 a.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes prior

OKLAHOMA CITY, March 1, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today announced payment of $50.6 million from the Puerto Rico Electric Power Authority ("PREPA") for a portion of the work its wholly-owned subsidiary Cobra Acquisitions LLC ("Cobra") completed in the aftermath of Hurricane Maria. This is in addition to $13.4 million paid by PREPA in January 2024. As previously announced, on December 1, 2023, Cobra entered into an agreement to transfer approximately $54.4 million of its outstanding receivable with PREPA to SPCP Group, LLC ("SPCP Group"). The aggregate payments from PREPA in 2024 totaling $64.0 million fully satisfied the obli

OKLAHOMA CITY, Feb. 12, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2023 fourth quarter and full year financial results before the market opens on Friday, March 1, 2024. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss fourth quarter and full year results on the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What:    Mammoth Energy Services' Fourth Quarter 2023 Earnings Conference Call When:    Friday, March 1, 2024 at 10:00 a.m. Eastern / 9:00 a.m. Central How:      Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energ

OKLAHOMA CITY, Dec. 6, 2023 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ:TUSK) today announced that, on December 1, 2023, it entered into an agreement to transfer approximately $54.4 million of its outstanding receivable with the Puerto Rico Electric Power Authority ("PREPA") to SPCP Group, LLC ("SPCP Group") in exchange for net proceeds of $46.3 million. Mark Layton, Chief Financial Officer, commented, "We are pleased to enter this agreement with SPCP Group to monetize a portion of our outstanding receivable with PREPA. This deal allows us to increase liquidity and invest in our business.

OKLAHOMA CITY, Aug. 11, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today reported financial and operational results for the second quarter ended June 30, 2023. Financial Overview for the Second Quarter 2023 Total revenue was $75.4 million for the second quarter of 2023, a decrease of 16% compared to $89.7 million for the same quarter last year and a decrease of 35% compared to $116.3 million for the first quarter of 2023. Net loss for the second quarter of 2023 was $4.5 million, or $0.09 loss per diluted share, compared to net income of $1.7 million, or $0.04 per share, for the same quarter last year and net income of $8.4 million, or $0.17

OKLAHOMA CITY, July 20, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2023 second quarter financial results before the market opens on Friday, August 11, 2023. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss second quarter results on the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: Mammoth Energy Services' Second Quarter 2023 Earnings Conference Call When: Friday, August 11, 2023 at 10:00 a.m. Eastern / 9:00 a.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes

OKLAHOMA CITY, June 15, 2023 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ:TUSK) today announced the receipt of $10.75 million from the Puerto Rico Electric Power Authority ("PREPA") for a portion of the work completed in the aftermath of Hurricane Maria. Arty Straehla, Chief Executive Officer, commented, "We're pleased to have received this payment from PREPA, which represents a portion of what is still owed to us. The work completed by Cobra in 2019 has gone without payment for far too long. We will continue to pursue payment of the additional amounts owed by PREPA, including the associated

OKLAHOMA CITY, April 27, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today reported financial and operational results for the first quarter ended March 31, 2023. Financial Overview for the First Quarter 2023: Total revenue was $116.3 million for the first quarter of 2023, an increase of 87% compared to $62.3 million for the same quarter of 2022 and an increase of 13% compared to $102.9 million for the fourth quarter of 2022. Net income for the first quarter of 2023 was $8.4 million, or $0.17 per diluted share, compared to a net loss of $14.8 million, or a $0.32 loss per share, for the same quarter of 2022 and net income of $4.8 million, or $0

OKLAHOMA CITY, April 19, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2023 first quarter financial results after the market closes on Thursday, April 27, 2023. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss first quarter results the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). What: Mammoth Energy Services' First Quarter 2023 Earnings Conference Call When: Thursday, April 27, 2023 at 5:00 p.m. Eastern / 4:00 p.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes prior

OKLAHOMA CITY, Feb. 6, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will disclose its 2022 fourth quarter and full year financial results after the market closes on Thursday, February 23, 2023. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss fourth quarter and full year results the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). What:    Mammoth Energy Services' Fourth Quarter 2022 Earnings Conference Call When:  Thursday, February 23, 2023 at 5:00 p.m. Eastern / 4:00 p.m. Central How:      Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth En

OKLAHOMA CITY, Jan. 24, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced that its wholly owned subsidiary Cobra Acquisitions LLC ("Cobra") has submitted a certified claim for approximately $379 million to the Federal Emergency Management Agency ("FEMA") pursuant to the federal Contract Disputes Act. In the aftermath of Hurricane Maria in 2017, Puerto Rico was without electricity, and the entire Island was declared a federal disaster zone. There was an urgent need to restore power to the Island as quickly as possible, but few companies had the ability to mobilize immediately to an island, particularly one that had just been devastat

OKLAHOMA CITY, Jan. 19, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced that the Federal Emergency Management Agency ("FEMA") released Determination Memorandums dated November 21, 2022, and December 21, 2022, related to the May 26, 2018 contract between the Puerto Rico Electric Power Authority ("PREPA") and Mammoth's wholly owned subsidiary Cobra Acquisitions LLC ("Cobra"). The Determination Memorandum dated November 21, 2022, covered the 100% federal cost share of the May 2018 contract ("PW 466" or "Project 49848") and the Determination Memorandum dated December 21, 2022, covered the 90% federal share ("Project 49831") of the May

OKLAHOMA CITY, Jan. 17, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced its wholly owned subsidiary Stingray Pressure Pumping LLC ("Stingray") has put an additional frac spread into operation. This brings Stingray's total operational frac spread count to five. Mammoth's infrastructure services division continues to expand both in geographic area as well as bidding activities for its engineering and fiber businesses. Both the engineering and fiber businesses that began operations in late-2019 and mid-2021, respectively, continue to expand organically. In addition, the Company's engineering group has grown to more than 50 employees

OKLAHOMA CITY, Nov. 1, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today announced that its subsidiaries, Piranha Proppant LLC and Taylor Frac, LLC, have entered into two sand supply agreements with third-party service providers with terms of 12 months and 21 months, respectively, beginning on January 1, 2023. Under the terms of the agreements, the Company's subsidiaries have agreed to supply, in aggregate, approximately 1.75 million tons of sand across multiple grades (20/40, 30/50, and 40/70) over the contract periods. Arty Straehla, Chief Executive Officer, commented, "As we move into 2023, the execution of these sand supply agreements at

OKLAHOMA CITY, Oct. 17, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will report its 2022 third quarter financial results after the market closes on Thursday, October 27, 2022. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss third quarter results the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). What:    Mammoth Energy Services' Third Quarter 2022 Earnings Conference Call When:   Thursday, October 27, 2022 at 5:00 p.m. Eastern / 4:00 p.m. Central How:     Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 min

OKLAHOMA CITY, Sept. 26, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today issued the following statement in response to a news story from Fox News headlined, "Puerto Rico still owes company $350 million for restoring grid in 2017 as it faces fresh hurricane outages": "First and foremost, our prayers are with the people of Puerto Rico as they pick up the pieces from yet another natural disaster. Five years ago, when we arrived after Hurricane Maria, we saw with our own eyes the impact of Hurricane Maria and know all too well the devastation widespread power outages bring to everyday life. As Congress begins another discussion about the path f

OKLAHOMA CITY, July 14, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will report its 2022 second quarter financial results after the market closes on Thursday, July 28, 2022. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss second quarter results the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). What: Mammoth Energy Services' Second Quarter 2022 Earnings Conference Call When: Thursday, July 28, 2022 at 5:00 p.m. Eastern / 4:00 p.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes prior t

OKLAHOMA CITY, June 14, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") announced today the first appeal response from the Federal Emergency Management Agency ("FEMA") related to Project Worksheet 251, commonly referred to as the first contract between Mammoth's subsidiary Cobra Acquisitions LLC ("Cobra") and the Puerto Rico Electric Power Authority ("PREPA").  This appeal followed the May 26, 2021, determination memorandum issued by FEMA, which denied $47 million of the claimed costs under the first contract.  FEMA approved the appeal in part and denied the appeal in part.  FEMA found that staffing costs of $24.4 million are eligible for funding

OKLAHOMA CITY, June 7, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") is calling on the Puerto Rico Electric Power Authority ("PREPA") to release the $40.4 million shown by PREPA as available in its emergency account funded by the Federal Emergency Management Agency ("FEMA") toward payment for the electric grid restoration work completed by Mammoth's wholly-owned subsidiary, Cobra Acquisitions LLC ("Cobra"), more than three years ago in Puerto Rico in the aftermath of Hurricane Irma and Hurricane Maria. In a document, dated May 11, 2022, entitled "13-week cash flow update," PREPA indicated that $40.4 million remains available in PREPA's emergenc

OKLAHOMA CITY, May 9, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ:TUSK) today reported financial and operational results for the first quarter ended March 31, 2022. Financial Overview for the First Quarter 2022:Total revenue was $62.3 million for the first quarter of 2022, as compared to $66.8 million for the same quarter of 2021 and $57.2 million for the fourth quarter of 2021. Net loss for the first quarter of 2022 was $14.8 million, or a $0.32 loss per share, as compared to $12.4 million, or a $0.27 loss per share, for the same quarter of 2021, and $13.3 million, or a $0.28 loss per share, for the fourth quarter of 2021. Adjusted EBITDA (as defi

OKLAHOMA CITY, April 26, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) (the "Company"), announced today that it will report its 2022 first quarter financial results after the market closes on Monday, May 9, 2022. In conjunction with the earnings release, the Company has scheduled a conference call and webcast to discuss first quarter results the same day at 6:00 p.m. Eastern Time (5:00 p.m. Central Time). What: Mammoth Energy Services' First Quarter 2022 Earnings Conference Call When: Monday, May 9, 2022 at 6:00 p.m. Eastern / 5:00 p.m. Central How: Live via phone – By dialing 1-201-389-0872 and ask for the Mammoth Energy Services call at least 10 minutes prior to the star

OKLAHOMA CITY, March 31, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") called on members of the Financial Oversight and Management Board for Puerto Rico ("FOMB"), who are in Washington D.C. to brief federal lawmakers on recent activities, to take immediate and substantive action that will result in Mammoth's wholly-owned subsidiary, Cobra Acquisitions LLC ("Cobra") being paid the more than $340 million dollars owed related to the restoration of power in Puerto Rico more than three years ago: "When disaster struck, the Mammoth team was there for the people of Puerto Rico, and now we need our elected representatives to be there for us. Every day

OKLAHOMA CITY, March 29, 2022  /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") announced that its Chief Financial officer, Mark Layton, spoke at the 34th Public Board Meeting of the Financial Oversight and Management Board for Puerto Rico ("FOMB"), which took place Friday in San Juan. Layton stressed the importance of the Puerto Rico Electric Power Authority ("PREPA") re-paying its financial obligations to Mammoth for work conducted by its wholly owned subsidiary, Cobra Acquisitions LLC ("Cobra"), rebuilding Puerto Rico's power grid in the aftermath of Hurricane Maria in 2017. Following Layton's remarks, Justin Peterson, a member of the FOMB, added, "

OKLAHOMA CITY, March 14, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today issued the following statement in response to Puerto Rico's governor Gov. Pedro Pierluisi's attempt to terminate the $8.3 billion dollar bankruptcy agreement that would have allowed the Puerto Rico Electric Power Authority ("PREPA") to emerge from bankruptcy and pay its creditors: "This is yet another example of Puerto Rico and PREPA continuing their resistance to pay their bills. I commend Judge Laura Taylor Swain for directing the Puerto Rico Fiscal Management and Oversight Board ("FOMB") to advance a new deal for PREPA immediately. While PREPA has begun addressing a

OKLAHOMA CITY, March 4, 2022 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ:TUSK) ("Mammoth" or the "Company") today issued the following statement in response to the Puerto Rico Electric Power Authority ("PREPA") entering into a settlement agreement with Whitefish Energy Holdings, LLC ("Whitefish") for compensation owed for services rendered in Puerto Rico in the aftermath of Hurricane Maria. Arty Straehla, Chief Executive Officer of Mammoth, commented "While it is certainly encouraging PREPA has begun addressing amounts owed to post-bankruptcy creditors, Mammoth's subsidiary Cobra Acquisitions LLC ("Cobra") is owed more than three times the amount owed to Whitefish for our work rest