Welcome to our dedicated page for Mammoth Energy Svcs news (Ticker: TUSK), a resource for investors and traders seeking the latest updates and insights on Mammoth Energy Svcs stock.
Mammoth Energy Services Inc (NASDAQ: TUSK) delivers essential oilfield and infrastructure solutions across North America. This dedicated news hub provides investors and industry professionals with timely updates on operational developments, strategic initiatives, and market positioning.
Access authoritative reporting on earnings announcements, infrastructure project milestones, and service line expansions. Our curated collection ensures you stay informed about critical updates in well completion technologies, natural sand proppant supply chains, and electric grid construction projects.
Key coverage areas include hydraulic fracturing innovations, drilling efficiency advancements, and infrastructure service contracts. Bookmark this page for streamlined access to Mammoth Energy's latest press releases and third-party analysis, all organized to support informed decision-making.
Mammoth Energy Services, Inc. reported a total revenue of $43.2 million for Q1 2024, with a net loss of $11.8 million. Adjusted EBITDA was $4.5 million, down from $30.7 million in Q1 2023. The CEO cited softness in activity due to lower energy prices and milder weather. Capex guidance was lowered to $9 million. Despite challenges, Mammoth expects improved activity levels for the remainder of 2024.
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