TUSK
Mammoth Energy Services, Inc.1.8800
+0.1500+8.67%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
No Q&A; remarks unchallenged
No analyst questions emerged, leaving management's prepared remarks on Q4 execution shortfalls unchallenged. EBITDA missed due to infrastructure cost overruns and rental insurance hikes, prompting management changes and tighter oversight—issues owned squarely without excuses. Aviation rentals ramped with monthly revenue doubling to $1M in January, fueling >50% 2026 revenue growth outlook and positive EBITDA potential. No incremental Q&A insights surfaced. No questions asked. Investors eye operational fixes and aviation utilization next.
Key Stats
Market Cap
90.60MP/E (TTM)
-Basic EPS (TTM)
-1.76Dividend Yield
0%Recent Filings
10-K
FY2025 results
Mammoth Energy narrowed focus post-2025 divestitures of pressure pumping, engineering, and select infrastructure units, posting $44.3M revenue from continuing ops, down 3% y/y amid weak oilfield activity, yet rental services surged 56% to $11.1M on aviation leasing gains while infrastructure doubled to $4.1M via fiber work. Q4 momentum flickered in rentals with higher utilization absorbing fixed costs (60% margins vs 70% prior), but sand proppant sales dipped 13% on pricing despite volume uptick, and accommodations utilization slid to 186 rooms nightly. Debt-free with $102M cash after PREPA settlements, no buybacks executed despite authorization. Steady 2026 outlook hinges on LNG/power demand; customer concentration risks quarterly flows.
8-K
Q4 revenue dips, liquidity surges
Mammoth Energy reported Q4 2025 revenue of $9.5 million from continuing operations, down slightly from $10.0 million a year ago, with a net loss of $12.3 million. Four divestitures generated over $150 million in cash, strengthening liquidity to $158.3 million at year-end while deploying $65+ million into high-growth aviation rentals. Q4 execution disappointed. Management eyes 2026 self-help amid tailwinds.
8-K
Mammoth sells Aquawolf for $30M
Mammoth sold its Infrastructure segment unit Aquawolf LLC to Qualus for $30.0 million on December 2, 2025, netting $23.5 million in cash with $2.5 million escrowed for adjustments and indemnities through December 1, 2026. Fifth Third Bank consented, releasing collateral without altering the borrowing base. Sale caps portfolio optimization, unlocking value from a business grown to $17.3 million revenue.
10-Q
Q3 FY2025 results
Mammoth's Q3 revenue dipped 13% y/y to $14.8M (derived), with natural sand proppant sales down 45% on lower volumes and pricing, yet rentals jumped 27% and drilling rose 44% on better utilization. Operating loss widened to $9.0M from $6.1M, hit by $1.9M disposal losses and sand impairments earlier in the year; net loss from continuing ops was $12.1M ($0.25/share). Cash swelled to $98.2M plus $12.7M marketable securities, revolver undrawn with $42.5M availability—no debt after term payoff. Divested infrastructure units April 2025 for $108.7M and pressure pumping gear June 2025 for $15.0M, booking $45.0M YTD discontinued gain. Rentals deliver.
8-K
Q3 loss, Piranha sold
Mammoth Energy reported Q3 revenue from continuing operations of $14.8 million, down from $17.1 million a year ago, with a net loss of $12.1 million. Completed Piranha divestiture to prune low-return assets while investing $17.2 million in high-return aviation rentals. No debt, $153.4 million liquidity. Balance sheet shines.
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