Mammoth Energy Services (NASDAQ:TUSK) Announces Quarterly Earnings Results, Misses Expectations By $0.18 EPS

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

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 Price Performance

Shares of TUSK stock opened at $2.12 on Friday. The stock has a market capitalization of $102.16 million, a PE ratio of 23.56 and a beta of 0.95. Mammoth Energy Services has a one year low of $1.68 and a one year high of $3.12. The business’s 50 day simple moving average is $2.24 and its 200 day simple moving average is $2.17.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mammoth Energy Services in a report on Monday, December 29th. Wall Street Zen raised 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 MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Mammoth Energy Services

Institutional investors and hedge funds have recently made changes to their positions in the business. Adage Capital Partners GP L.L.C. boosted its stake in Mammoth Energy Services by 10.2% during the second quarter. Adage Capital Partners GP L.L.C. now owns 4,575,000 shares of the energy company’s stock worth $12,810,000 after acquiring an additional 425,000 shares in the last quarter. Geode Capital Management LLC raised its position in Mammoth Energy Services by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 585,719 shares of the energy company’s stock valued at $1,084,000 after buying an additional 6,614 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Mammoth Energy Services by 5.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 409,991 shares of the energy company’s stock valued at $758,000 after purchasing an additional 20,027 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Mammoth Energy Services by 11,736.0% during the 4th quarter. Russell Investments Group Ltd. now owns 247,491 shares of the energy company’s stock worth $458,000 after buying an additional 245,400 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in Mammoth Energy Services by 10.1% in the fourth quarter. Empowered Funds LLC now owns 218,991 shares of the energy company’s stock worth $405,000 after purchasing an additional 20,027 shares during the last quarter. Institutional investors own 79.67% of the company’s stock.

Mammoth Energy Services Company Profile

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.