Mammoth sold its Aquawolf business and is receiving up to $26 million in net cash proceeds. This is around 15x current net income for that business. TUSK's business performance should improve in 2026 with reduced legal fees, positive sand margins and more aviation assets in service.
Mammoth Energy Services, Inc. ( TUSK ) Q3 2025 Earnings Call October 31, 2025 11:00 AM EDT Company Participants Mark Layton - CFO & Company Secretary Bernard Lancaster - COO & Principal Executive Officer Conference Call Participants Mohammed Topiwala Colby Sasso Doug Garber Presentation Operator Greetings, and welcome to the Mammoth Energy Services Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Mammoth has sold off some of its main former businesses and is investing in its aviation portfolio. It is projected to end 2025 with $89 million in cash, net of income taxes payable. It is also owed another $20 million by PREPA, although that depends on more progress in PREPA's lengthy bankruptcy proceedings.
Mammoth Energy Services, Inc. (NASDAQ:TUSK ) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants Bernard Lancaster - COO & Principal Executive Officer Mark Layton - CFO & Company Secretary Conference Call Participants Colby Sasso - Unidentified Company Doug Garber - Unidentified Company Ken Dennard - Dennard Lascar Associates, LLC Operator Greetings, and welcome to the Mammoth Energy Services Second Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Mammoth Energy Services, Inc. (NASDAQ:TUSK ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Zach Vaughan - Investor Relations Phil Lancaster - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants Josh Jayne - Daniel Energy Partners 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, Inc. (NASDAQ:TUSK ) Q4 2024 Earnings Conference Call March 7, 2025 11:00 AM ET Company Participants Rick Black - Investor Relations Phil Lancaster - Chief Executive Officer Mark Layton - Chief Financial Officer Operator Greetings and welcome to the Mammoth Energy Services 2024 Fourth Quarter and Full Year Results. At this time, all participants are in a listen-only mode.
Mammoth Energy Services may end 2024 with around $1.50 per share in adjusted net cash. The adjustments would be for $45 million in income taxes payable and $20 million in remaining settlement payments to be received. Well completion services demand has been minimal in 2024 with Appalachian natural gas prices often below $1.50.
Mammoth Energy Services, Inc. (NASDAQ:TUSK ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Zach Vaughan - Investor Relations Arty Straehla - Chief Executive Officer Mark Layton - Chief Financial Officer Conference Call Participants Josh Jayne - Daniel Energy Partners Operator Greetings and welcome to the Mammoth Energy Services Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Mammoth Energy Services has significant potential in electrical infrastructure, especially post-natural disasters, with a strong cash position and no debt. EF Hutton's raised price target suggests optimism, particularly with potential surprises in Q3 and Q4 due to hurricane impacts and increased gas drilling activity. TUSK's infrastructure services show growth, driven by increased storm-related work and opportunities from the Infrastructure Investment and Jobs Act.
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.