Mammoth Energy Services (NASDAQ:TUSK) Posts Earnings Results

Mammoth Energy Services (NASDAQ:TUSK) announced its quarterly earnings results on Friday. The energy company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.18), FiscalAI reports. The company had revenue of $9.46 million during the quarter, compared to analyst estimates of $39.30 million. Mammoth Energy Services had a negative net margin of 13.47% and a negative return on equity of 25.09%.

Here are the key takeaways from Mammoth Energy Services’ conference call:

• Mammoth completed four major transactions in 2025 that generated approximately $150 million of proceeds, selling transmission, distribution and engineering businesses and exiting pressure pumping and a sand mine to create a leaner, more focused company.
• The company invested over $65 million to expand aviation rentals to 26 assets (16 leased at quarter end), nearly doubling monthly aviation revenue from $0.6M to $1.0M and projecting about $1.6 million monthly when fully utilized—a primary growth driver for 2026.
• Q4 results included an adjusted EBITDA loss of $6.8 million and a net loss of $12.3 million, which management attributes to execution and cost‑control failures (not demand) and says it is taking targeted remediation actions.
• Infrastructure outperformed on revenue but suffered significant margin compression from fiber execution issues, prompting top‑down management changes and tighter oversight with an expected EBITDA overhang into H1 2026.
• Mammoth ended the quarter with $121.6 million cash and roughly $158.3 million total liquidity, is debt‑free, and expects 2026 to be an inflection year with >50% revenue growth and a path back to positive EBITDA and mid‑teens margins by 2027.

Mammoth Energy Services Stock Performance

Shares of Mammoth Energy Services stock traded down $0.51 on Friday, reaching $2.04. 596,825 shares of the company were exchanged, compared to its average volume of 218,811. The firm has a market cap of $98.31 million, a price-to-earnings ratio of -4.98 and a beta of 0.95. Mammoth Energy Services has a 1-year low of $1.68 and a 1-year high of $3.12. The company’s 50-day moving average is $2.23 and its two-hundred day moving average is $2.17.

Wall Street Analysts Forecast Growth

Several research firms have commented on TUSK. Weiss Ratings reissued a “sell (e+)” rating on shares of Mammoth Energy Services in a research report on Monday, December 29th. Wall Street Zen raised shares of Mammoth Energy Services to a “hold” rating in a report on Saturday, December 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Mammoth Energy Services presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Mammoth Energy Services

Several large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC bought a new stake in Mammoth Energy Services during the 4th quarter valued at $181,000. Empowered Funds LLC raised its stake in shares of Mammoth Energy Services by 10.1% during the fourth quarter. Empowered Funds LLC now owns 218,991 shares of the energy company’s stock valued at $405,000 after purchasing an additional 20,027 shares in the last quarter. XTX Topco Ltd lifted its holdings in Mammoth Energy Services by 80.3% in the fourth quarter. XTX Topco Ltd now owns 45,235 shares of the energy company’s stock worth $84,000 after purchasing an additional 20,153 shares during the period. Quadrature Capital Ltd bought a new position in Mammoth Energy Services in the 4th quarter valued at about $122,000. Finally, Bridgeway Capital Management LLC increased its stake in Mammoth Energy Services by 5.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 409,991 shares of the energy company’s stock valued at $758,000 after buying an additional 20,027 shares during the period. 79.67% of the stock is owned by institutional investors and hedge funds.

About Mammoth Energy Services

Mammoth Energy Services, Inc, headquartered in Houston, Texas, is a diversified energy services company that primarily provides hydraulic fracturing and complementary well completion and production services to oil and natural gas exploration and production companies across North America. Its core offerings include fracturing, coiled tubing, cementing, wireline, nitrogen pumping, and pressure pumping equipment, supported by proprietary fluid blends and digital monitoring systems. In addition to conventional oilfield services, the company operates a dedicated solar division—Mammoth Solar—that delivers engineering, procurement and construction (EPC) services for utility-scale and commercial solar projects.

Mammoth’s fracturing operations are focused on major shale plays such as the Permian Basin, Eagle Ford, Bakken, Williston Basin, and Rockies regions.