Mammoth Energy Services Inc（TUSK）资讯与事件TUSKMammoth Energy Services Inc

Mammoth Reports Q1 Revenue of $22.0M

Reports Q1 revenue $22.0M vs. $9.5M last year. Q1 adjusted EBITDA from continuing operations was $1.9M for ($2.3M) for 1Q25 and ($6.8M) for 4Q25.CFO Mark Layton commented, "Q1 is a meaningful step forward for Mammoth and reflects the work we've been doing over the past several quarters to reposition the business. We've simplified the portfolio, allocated capital towards high returns businesses, and taken meaningful cost out of the structure - and we're starting to see that come through in the results...Our balance sheet remains a real point of strength. We ended the quarter debt-free with approximately $125M of cash, cash equivalents and marketable securities, which gives us flexibility both to invest in the business and return capital to shareholders. During the quarter, we began executing on our share repurchase program for the first time since it was authorized, and we expect to remain opportunistic going forward. Based on the progress we're seeing, we are raising our 2026 outlook, including now expecting to reach full-year Adjusted EBITDA positive in 2026. There's still work to do, but the business is moving in the right direction and we're focused on continuing to execute."

Mammoth Reports Q4 Revenue of $9.5M, CFO Highlights Transformation Progress

Reports Q4 revenue $9.5M vs. 10M last year. Mark Layton, CFO of Mammoth commented, "2025 was a transformative year for Mammoth. We made the deliberate decision to reshape our portfolio, with four divestitures generating in excess of $150 million in cash proceeds. These transactions strengthened our balance sheet, pruned non-performing businesses and gave us the financial flexibility to invest in higher-return opportunities. Most notably, we deployed over $65 million into our aviation platform at an attractive entry point - a business we continue to view as high-growth and scalable - and we remain committed to using our available liquidity to make additional accretive investments across our current portfolio that create long-term shareholder value. We also made meaningful progress on our cost structure, materially reducing our SG&A run rate as we continue building a leaner, more efficient organization aligned to the portfolio we have today. That said, I want to be direct: Q4 operational execution was not at the level we expect of ourselves, and improving execution across our segments is our top priority - it is the clearest path to unlocking the value embedded in this business. As we enter 2026, we see significant potential across our segments, driven by internal self-help initiatives, favorable market tailwinds, and our continued focus on deploying capital into opportunities with accretive returns. We have the balance sheet, the strategy, and the team to deliver meaningfully better results."

Mammoth Energy Sells Aquawolf for $30M, Enhancing Portfolio Optimization

Mammoth Energy Services announced that its subsidiary, Mammoth Energy Partners has completed a sale of all equity interests in its wholly owned subsidiary, Aquawolf to Qualus for an aggregate sales price of $30.0M, advancing the Company's ongoing transformation and portfolio optimization initiatives. Aquawolf's revenue grew from $12.1M in 2022 to $17.3M in 2024, with net income rising from $1.1M to $1.8M over the same period. For the nine months ended September 30 Aquawolf generated $12.0M in revenue and $1.3M in net income. At closing, Mammoth Energy Partners received total cash proceeds of $23.5M. An additional $2.5M was placed into escrow to fund post-closing adjustments for at least ninety days and indemnified liabilities until at least December 1, 2026. In conjunction with the transaction described above, the Company entered into a consent and release agreement with Fifth Third Bank, National Association in which Fifth Third consented to the transaction and agreed to release associated collateral. The Company's borrowing base remains unchanged.