Mammoth Energy Services, Inc. (TUSK)

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 distribution engineering expertise with new offices in San Diego, Denver, and Vancouver, WA. The firm h.

Glori Energy (OTCMKTS:GLRI - Get Free Report) and Mammoth Energy Services (NASDAQ: TUSK - Get Free Report) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability. Analyst Ratings This is a summary of

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, with net income rising from $1.1 million to $1.8 million over the same period.

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. [Operator Instructions] As a reminder, this conference is being recorded.

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.

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, Inc. (NASDAQ:TUSK ) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants Bernard Lancaster - COO & Principal Executive Officer Mark Layton - CFO & Company Secretary Conference Call Participants Colby Sasso - Unidentified Company Doug Garber - Unidentified Company Ken Dennard - Dennard Lascar Associates, LLC Operator Greetings, and welcome to the Mammoth Energy Services Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Mammoth Energy Services (TUSK -2.39%) is a diversified energy and infrastructure company focused on sand proppant sales, engineering, fiber, equipment rentals, and accommodation services. In its August 8, 2025 earnings release for Q2, the company reported a GAAP loss per share of $0.74 and GAAP revenue of $16.4 million.

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.

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.

Mammoth Energy Services, Inc. (NASDAQ:TUSK ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Zach Vaughan - Investor Relations Phil Lancaster - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants Josh Jayne - Daniel Energy Partners Operator Greetings, and welcome to the Mammoth Energy Services First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

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.

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.

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 $98.3 million with the remaining $10.4 million deposited into an escrow account to fund post-closing adjustments for at least ninety days and indemnified liabilities until at least May 15, 2026.