Mammoth Energy Services Inc (OQ:TUSK)
Business Focus: Oil Related Services and Equipment
| Sector: Energy | Industry: Oil Related Services and Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 14201 Caliber Dr Ste 300 OKLAHOMA CITY OK 73134-1017 |
| Tel: | 1-832-4350026 |
| Website: | https://www.mammothenergy.com |
| IR: | See website |
| Key People | ||
| Arty Straehla Chief Executive Officer, Director | Mark E. Layton Chief Financial Officer, Secretary | |
| Business Overview |
| Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Mammoth Energy Services Inc revenues decreased 15% to $309.5M. Net loss increased from $619K to $3.2M. Revenues reflect Well Completion segment decrease of 23% to $130.8M, Sand segment decrease of 20% to $39.1M, Drilling segment decrease of 31% to $7.1M, United States segment decrease of 16% to $287.5M. Higher net loss reflects Well Completion segment income decrease of 94% to $722K. |
| Employees: | 733 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $185.06M as of Mar 31, 2024 |
| Annual revenue (TTM): | $309.49M as of Mar 31, 2024 |
| EBITDA (TTM): | $22.83M as of Mar 31, 2024 |
| Net annual income (TTM): | -$3.16M as of Mar 31, 2024 |
| Free cash flow (TTM): | $11.99M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $37.40M as of Mar 31, 2024 |
| Shares outstanding: | 48,008,319 as of Apr 18, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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