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Mammoth Announces Payoff and Termination of Term Credit Facility and Increase in 2024 Capital Expenditure Guidance
Prnewswire· 2024-10-03 11:00
OKLAHOMA CITY, Oct. 3, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today announced the payoff and termination of its term credit facility with Wexford Capital LP. On October 2, 2024, the Company used a portion of the proceeds received from the first installment payment from the previously disclosed settlement agreement with the Puerto Rico Electric Power Authority to pay off all outstanding amounts under its term credit facility, including accrued and unpai ...
Cobra Acquisitions LLC Announces Receipt of $150 Million
Prnewswire· 2024-10-01 20:15
OKLAHOMA CITY, Oct. 1, 2024 /PRNewswire/ --Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK), today announced the receipt of $150 million from the Commonwealth of Puerto Rico in accordance with the Settlement Agreement with the Puerto Rico Electric Power Authority ("PREPA"). Arty Straehla, Chief Executive Officer, commented, "We are happy to have received the initial $150 million in settlement proceeds. With this first in ...
Mammoth Energy Services(TUSK) - 2024 Q2 - Earnings Call Transcript
2024-08-10 17:49
Mammoth Energy Services, Inc. (NASDAQ:TUSK) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Ken Denard - Dennard Lascar Investor Relations Arty Straehla - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants John Daniel - Daniel Energy Partners David Marsh - Singular Research Operator Greetings and welcome to the Mammoth Energy Services Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode ...
Mammoth Energy Services(TUSK) - 2024 Q2 - Quarterly Report
2024-08-09 20:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-37917 Mammoth Energy Services, Inc. (Exact name of registrant as spe ...
Mammoth Energy Services(TUSK) - 2024 Q2 - Quarterly Results
2024-08-09 12:49
Exhibit 99.1 Mammoth Energy Services, Inc. Announces Second Quarter 2024 Operational and Financial Results OKLAHOMA CITY - August 9, 2024 - Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the second quarter ended June 30, 2024. Financial Overview for the Second Quarter 2024: Total revenue was $51.5 million for the second quarter of 2024 compared to $43.2 million for the first quarter of 2024. Net loss for the second quarter of 20 ...
Mammoth Energy Services, Inc. Announces Second Quarter 2024 Operational and Financial Results
Prnewswire· 2024-08-09 11:00
OKLAHOMA CITY, Aug. 9, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the second quarter ended June 30, 2024. Financial Overview for the Second Quarter 2024: Total revenue was $51.5 million for the second quarter of 2024 compared to $43.2 million for the first quarter of 2024. Net loss for the second quarter of 2024 was $156.0 million, or $3.25 loss per diluted share, compared to net loss of $11.8 million, o ...
Mammoth Energy Services, Inc. Announces 2024 Second Quarter Earnings Release and Conference Call Schedule
Prnewswire· 2024-07-29 12:00
OKLAHOMA CITY, July 29, 2024 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) (the "Company"), announced today that it will disclose its 2024 second quarter financial results before the market opens on Friday, August 9, 2024. 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 10:00 a.m. Eastern Time (9:00 a.m. Central Time). About Mammoth Energy Services, Inc. For those who cannot listen to the li ...
COBRA ACQUISITIONS LLC ANNOUNCES SETTLEMENT AGREEMENT WITH PREPA
Prnewswire· 2024-07-22 20:15
Total Settlement Proceeds Expected to be Approximately $188 Million OKLAHOMA CITY, July 22, 2024 /PRNewswire/ -- Cobra Acquisitions LLC ("Cobra"), a wholly owned subsidiary of Mammoth Energy Services, Inc., ("Mammoth" or the "Company") (NASDAQ: TUSK) today announced that it has entered into a release and settlement agreement with the Puerto Rico Electric Power Authority ("PREPA") and the Financial Oversight and Management Board for Puerto Rico, in its capacity as Title III representative for PREPA ("FOMB"), ...
Mammoth Energy Services(TUSK) - 2024 Q1 - Earnings Call Transcript
2024-05-04 17:35
Mammoth Energy Services, Inc. (NASDAQ:TUSK) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Zach Vaughan - Investor Relations Arty Straehla - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants Blake McLean - Daniel Energy Partners Michael Mathison - Singular Research Operator Greetings, and welcome to the Mammoth Energy Services First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded ...
Mammoth Energy Services(TUSK) - 2024 Q1 - Quarterly Report
2024-05-02 20:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File No. 001-37917 Mammoth Energy Services, Inc. (Exact name of registrant as specified in its charter) Delaware 32-0498321 (State or other jurisdiction of in ...