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Mammoth Energy Services (TUSK)
NASDAQ:TUSK
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Mammoth Energy Services
(NASDAQ:TUSK)
51Neutral
Mammoth Energy Services (TUSK) vs. S&P 500 (SPY)
Market Cap
$128.02M
Dividend YieldN/A
Average Volume (3M)228.43K
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue Growth-12.33%
EPS Growth-738.00%
CountryUS
Employees639
SectorIndustrials
Sector Strength83
IndustryConglomerates
Share Statistics
EPS (TTM)-0.01
Shares Outstanding48,127,370
10 Day Avg. Volume137,816
30 Day Avg. Volume228,427
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)0.40
Price to Sales (P/S)0.00
P/FCF Ratio0.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4.20Price Target Upside68.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering0
Mammoth Energy Services Business Overview & Revenue Model
Company DescriptionMammoth Energy Services, Inc. operates as an energy service company. The company operates in four segments: Infrastructure Services, Well Completion Services, Natural Sand Proppant Services, and Drilling Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution, and networks and substation facilities, including engineering, design, construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring. The Well Completion Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability, and sand hauling and water transfer services. The Natural Sand Proppant Services segment is involved in mining, processing, and selling natural sand proppant used for hydraulic fracturing; buying processed sand from suppliers on the spot market and reselling that sand; and providing logistics solutions to facilitate delivery of frac sand products. The Drilling Services segment offers contract land and directional drilling services, as well as rig moving services. The company also offers other services, including aviation, coil tubing, pressure control, flowback, cementing, acidizing, equipment rental, crude oil hauling, full-service transportation, and remote accommodation services, as well as equipment manufacturing, and infrastructure engineering and design. It serves government-funded utilities, private and public investor owned utilities, co-operative utilities, independent oil and natural gas producers and land-based drilling contractors in the United States and Canada. Mammoth Energy Services, Inc. was incorporated in 2016 and is headquartered in Oklahoma City, Oklahoma.
How the Company Makes MoneyMammoth Energy Services generates revenue through several key streams. Primarily, the company earns money by providing oilfield services such as drilling and pressure pumping to energy producers, which are critical for the extraction and production of oil and natural gas. Additionally, the company offers infrastructure services, which include the construction and maintenance of energy infrastructure like power lines and substations, particularly in regions impacted by natural disasters. This segment often involves contracts with government entities or utility companies. Energy logistics, another revenue stream, involves the transportation and storage of energy products, ensuring their availability and distribution. Furthermore, strategic partnerships and contracts with government agencies and large energy companies significantly contribute to the company's earnings, providing a steady flow of projects and revenue.
Mammoth Energy Services Financial Statement Overview
Summary
Mammoth Energy Services is experiencing significant financial challenges, with declining revenues and persistent losses. Although cash flow generation has improved and debt has been significantly reduced, the shrinking asset base and negative profitability metrics suggest ongoing operational difficulties.Income Statement
Mammoth Energy Services shows declining revenue trends with a significant drop from $625 million in 2019 to $187 million in 2024. The company has consistently struggled with profitability, as indicated by negative net income and EBIT across several years. The gross profit margin has also deteriorated, reflecting operational inefficiencies.40
Negative
Balance Sheet
The company has managed to reduce total debt from $123 million in 2019 to $6 million in 2024, indicating effective debt management. However, the decline in total assets and stockholders' equity points to shrinking business size and potential challenges in maintaining operations. The equity ratio remains strong, but the return on equity is negative due to persistent net losses.55
Neutral
Cash Flow
Operating cash flow has improved significantly, reaching $180 million in 2024 from negative figures in 2019, highlighting improved cash generation capabilities. Free cash flow has also seen growth, supported by reduced capital expenditures. However, the volatile nature of cash flows over the years poses a risk to consistent cash availability.60
Neutral
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 187.93M | 309.49M | 362.09M | 228.96M | 313.08M | Gross Profit |
| 36.46M | 61.65M | 83.50M | 30.64M | 81.06M | EBIT |
| -128.71M | -16.68M | 20.59M | -126.08M | -46.51M | EBITDA |
| -213.95M | 70.44M | 43.95M | -39.41M | -19.06M | Net Income Common Stockholders |
| -207.33M | -3.16M | -619.00K | -101.43M | -107.61M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 60.97M | 16.56M | 17.28M | 11.66M | 16.57M | Total Assets |
| 384.03M | 698.48M | 724.68M | 720.89M | 824.56M | Total Debt |
| 6.24M | 63.26M | 93.88M | 98.57M | 102.50M | Net Debt |
| -54.73M | 46.71M | 76.60M | 88.67M | 87.68M | Total Liabilities |
| 131.21M | 238.38M | 262.06M | 257.67M | 261.24M | Stockholders Equity |
| 252.82M | 460.10M | 462.62M | 463.22M | 563.33M |
| Cash Flow | Free Cash Flow | |||
| 163.65M | 11.99M | 2.53M | -24.71M | 130.00K | Operating Cash Flow |
| 180.72M | 31.39M | 15.27M | -18.86M | 6.97M | Investing Cash Flow |
| -10.43M | -8.79M | -2.12M | 5.51M | -2.29M | Financing Cash Flow |
| -112.11M | -15.59M | -5.60M | 8.43M | 4.27M |
Mammoth Energy Services Technical Analysis
Negative
2.49
Price Trends
2.29
Positive
2.61
Negative
3.23
Negative
Market Momentum
0.06
Positive
50.94
Neutral
19.61
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TUSK, the sentiment is Negative. The current price of 2.49 is below the 20-day moving average (MA) of 2.54, above the 50-day MA of 2.29, and below the 200-day MA of 3.23, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 50.94 is Neutral, neither overbought nor oversold. The STOCH value of 19.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TUSK.
Mammoth Energy Services Risk Analysis
Mammoth Energy Services disclosed 74 risk factors in its most recent earnings report. Mammoth Energy Services reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Mammoth Energy Services Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $4.30B | 11.88 | 5.23% | 249.82% | 4.12% | -10.27% | |
58 Neutral | $713.36M | 3.34 | 25.02% | ― | 6.37% | 86.42% | |
55 Neutral | $2.46B | 25.41 | 2.09% | 0.36% | -0.31% | -58.07% | |
51 Neutral | $128.02M | ― | -55.95% | ― | -12.33% | -738.00% | |
48 Neutral | $582.96M | ― | -17.17% | 4.80% | -9.04% | -339.31% | |
46 Neutral | $504.95M | ― | -6.42% | 2.61% | 5.70% | 37.05% | |
44 Neutral | $94.00M | ― | -17.87% | ― | -7.16% | 28.78% |
* Industrials Sector Average
Performance Comparison
TUSK
Mammoth Energy Services
2.49
-0.80
-24.32%
MATW
Matthews International
20.41
-7.76
-27.55%
NNBR
NN
1.71
-1.79
-51.14%
SEB
Seaboard
2,510.00
-850.13
-25.30%
SPLP
Steel Partners Holdings
37.25
-1.17
-3.05%
FIP
FTAI Infrastructure Incorporation
4.60
-3.30
-41.77%
Mammoth Energy Services Earnings Call Summary
Earnings Call Date:May 07, 2025
(Q1-2025)
| % Change Since: -6.39%|
Next Earnings Date:Jul 25, 2025
Earnings Call Sentiment Neutral
While Mammoth Energy Services achieved notable financial improvements, including positive adjusted EBITDA and significant asset transactions that bolstered their cash position, there are lingering macroeconomic uncertainties and market pressures that pose challenges. The company's ability to manage costs effectively and maintain strategic focus is crucial in navigating these challenges.Q1-2025 Updates
Positive Updates
Significant Asset Transactions
Completed two transactions in April, purchasing eight small passenger aircraft for $11.5 million and selling three infrastructure subsidiaries for $108.7 million, significantly enhancing financial results.
Positive Adjusted EBITDA
Generated positive adjusted EBITDA of $2.7 million in the first quarter compared to a negative $4.8 million in the fourth quarter of 2024.
Revenue Growth
Total revenue for the first quarter was $62.5 million, representing a 17% sequential increase over the fourth quarter of 2024.
Well Completions Revenue Increase
Well completions revenue increased to $20.9 million from $15.8 million in the fourth quarter of 2024, driven by increased utilization.
Strong Cash Position
As of May 2, 2025, after asset transactions, Mammoth had unrestricted cash on hand of $135.4 million and remained debt-free.
Negative Updates
Macroeconomic and Market Uncertainty
Uncertainty in the market due to tariffs, economic conditions, and OPEC+ production increases is affecting oil prices and could lead to increased competition in gas basins.
Net Loss Recorded
Reported a net loss of $0.5 million in the first quarter, although significantly improved from a $15.5 million loss in the fourth quarter of 2024.
Potential Margin Squeeze
Anticipated increased competition in gas basins may squeeze margins slightly in the near term.
Pressure on Energy Market
Macroeconomic factors and commodity price pressures have led to softened expectations for activity levels throughout 2025.
Company Guidance
During the Mammoth Energy Services first quarter earnings call for fiscal year 2025, the company provided guidance on several key metrics. Mammoth reported a 17% sequential increase in total revenue, reaching $62.5 million, with significant contributions from its well completions and infrastructure services segments. The well completions segment saw a revenue increase to $20.9 million, with an average of 1.3 active pressure pumping fleets, up from $15.8 million with 1.1 fleets in the previous quarter. The infrastructure services segment generated $30.7 million in revenue, marking a 10% sequential rise. Additionally, the sand segment sold approximately 189,000 tons at an average price of $21.49 per ton. The company achieved a positive adjusted EBITDA of $2.7 million, a turnaround from a negative $4.8 million in the previous quarter. Despite a net loss of $0.5 million, Mammoth maintained a strong cash position with $135.4 million in unrestricted cash following recent strategic transactions, including the purchase of eight aircraft for $11.5 million and the sale of three subsidiaries for $108.7 million. Looking forward, the company aims to achieve utilization in excess of 1.5 active fleets, which would enable free cash flow generation, while continuing to evaluate strategic growth opportunities.Mammoth Energy Services Corporate Events
M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Mammoth Energy Reports Strong Q1 2025 Financial Results
Positive
May 7, 2025
Mammoth Energy Services reported positive financial results for the first quarter of 2025, with revenue increasing to $62.5 million and a net loss significantly reduced from the previous year. The company completed the sale of three infrastructure subsidiaries for $108.7 million, enhancing its cash position and allowing for strategic capital deployment. Despite market uncertainties related to tariffs and geopolitical events, Mammoth remains focused on aligning its operations with customer activities and preparing for potential commodity pricing pressures.
Spark’s Take on TUSK Stock
According to Spark, TipRanks’ AI Analyst, TUSK is a Neutral.
Mammoth Energy Services exhibits considerable financial challenges due to declining revenues and persistent losses, though improvements in cash flow and debt management offer some positives. Short-term technical indicators suggest upward momentum, yet the long-term trend remains bearish. Valuation remains unattractive due to negative profitability. Recent corporate activities, including the sale of subsidiaries, strengthen the financial position and provide strategic growth opportunities. The overall outlook is cautious, with potential for improvement in 2025.
To see Spark’s full report on TUSK stock, click here.
M&A TransactionsStock BuybackBusiness Operations and Strategy
Mammoth Energy Sells Subsidiaries to Peak Utility
Positive
Apr 17, 2025
On April 11, 2025, Mammoth Energy Services‘ subsidiary, Lion Power Services LLC, sold its equity interests in 5 Star Electric, Higher Power Electrical, and Python Equipment to Peak Utility Services Group for $108.7 million. This transaction, which includes CEO Phil Lancaster transitioning to Peak, is expected to unlock significant value for Mammoth, enhancing its cash position to $160 million and expanding its investment opportunities. Additionally, Mammoth purchased eight small passenger aircraft for $11.5 million, aiming to diversify and grow its rental services fleet. The company also amended its revolving credit agreement to allow stock repurchases and broaden investment opportunities, reflecting its strategic growth and financial improvement.
Spark’s Take on TUSK Stock
According to Spark, TipRanks’ AI Analyst, TUSK is a Neutral.
Mammoth Energy Services’ stock is weighed down by significant financial challenges, including declining revenues and persistent losses. While there are positives, such as improved cash flow and debt reduction, these are overshadowed by ongoing operational difficulties. Technical indicators suggest bearish momentum, and the valuation remains unattractive due to negative profitability. The earnings call highlights potential improvements for 2025, but the overall outlook remains cautious.
To see Spark’s full report on TUSK stock, click here.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.