Mammoth Energy Services has rallied 72% YTD, driven by improved performance and a major business restructuring. TUSK's pivot to aircraft rentals now generates 59% of Q1 2026 revenue, supporting a near doubling of total revenue and return to profitability. Management guides for 60%+ revenue growth and positive adjusted EBITDA in 2026, with SG&A costs expected to drop sharply.
Mammoth Energy Services, Inc. (TUSK) Q1 2026 Earnings Call Transcript
Mammoth Energy Services NASDAQ: TUSK reported a sharp rebound in first-quarter 2026 results, with executives describing the period as an “inflection point” after several quarters of portfolio restructuring, cost reductions and operational fixes.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Joseph Castro Nuveen LLC | 36,843 | $75,160 | $105,739.41 | $30,579.41 | 40.69% |
Bobby Adusumilli SJS Investment Consulting Inc. | 17 | $41.65 | $48.02 | $6.37 | 15.29% |
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 2 | $5 | $5.72 | $0.72 | 14.4% |
Kevin Kroskey True Wealth Design LLC | 25 | $63.41 | $71 | $7.59 | 11.97% |
| WPA Wealth Preservation Advisors LLC Wealth Preservation Advisors LLC | 15 | $37 | $43.33 | $6.33 | 17.11% |
| Industrial Conglomerates Industry | Industrials Sector | Mark Layton CEO | NASDAQ (NGS) Exchange | 56155L108 CUSIP |
| US Country | 115 Employees | 17 May 2019 Last Dividend | - Last Split | 14 Oct 2016 IPO Date |
Mammoth Energy Services, Inc., originally established as Mammoth Energy Partners LP before changing its name in October 2016, embarks on providing comprehensive energy services across the United States, Canada, and on a global scale. Since its inception in 2014, Mammoth Energy Services has positioned itself as a multifaceted entity within the energy sector, operating through four main segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. While the company’s headquarters is strategically located in Oklahoma City, Oklahoma, its offerings extend to a variety of clients ranging from government-funded utilities to independent oil and natural gas producers, and from public investor-owned utilities to private and co-operative utilities. Its services cater not only to the energy producers but also to land-based drilling contractors, emphasizing its role as a pivotal player in the infrastructure development and maintenance of energy resources.
These services encompass pressure pumping and hydraulic fracturing, designed to enhance the production of oil and natural gas wells. Additionally, Mammoth offers sand hauling and water transfer services to support the hydraulic fracturing process, ensuring efficiency and effectiveness in well completion tasks.
Mammoth provides a comprehensive suite of services aimed at the construction, upgrade, maintenance, and repair of utility infrastructure. This includes work on electric transmission and distribution networks, high voltage transmission lines, and substations, as well as lower voltage overhead and underground distribution systems. Their offering extends to storm repair and restoration services, alongside commercial services such as the installation, maintenance, and repair of commercial wiring.
The company involves in the mining, processing, and selling of natural sand proppant, a crucial material used in hydraulic fracturing to keep fractures open and facilitate the flow of oil or gas. Apart from utilizing its mined resources, Mammoth also acquires processed sand from the spot market for resale, highlighting its flexibility in supply chain management. It further delivers logistics solutions to enhance the delivery process of frac sand products to its clients.
Mammoth offers contract land and directional drilling services, ensuring efficient and precise drilling operations. The services extend to rig moving, showcasing the company’s capability in handling complex logistical challenges associated with on-site drilling operations.
Beyond its primary services, Mammoth proudly offers aviation services, equipment rental, remote accommodation, and equipment manufacturing services, further broadening its portfolio to meet the diverse needs of its clientele in the energy sector.