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
SC 13G/A - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Subject)
SC 13G/A - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Subject)
SC 13G/A - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Subject)
10-Q - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Filer)
8-K - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Filer)
8-K - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Filer)
4 - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Issuer)
4 - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Issuer)
4 - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Issuer)
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
4 - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Issuer)
4 - MAMMOTH ENERGY SERVICES, INC. (0001679268) (Issuer)
Shares of Comcast Corporation (NASDAQ:CMCSA) fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results. Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro. Comcast shares declined 6.1% to $37.12 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Azitra, Inc. (NYSE:AZTR) shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office grant
UPS: -9% | United Parcel Service Q2 2024 Adj EPS $1.79 Misses $1.99 Estimate, Sales $21.820B Miss $22.183B Estimate SOLV: 6.9% | Solventum shares are trading higher following a report suggesting Trian has built a stake in the company. TUSK: 57% | Mammoth Energy Services shares are trading higher after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.