Mammoth Energy -10% following another Puerto Rico power fiasco [Seeking Alpha]
Mammoth Energy Services, Inc. (TUSK)
Last mammoth energy services, inc. earnings: 2/27 04:01 pm
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Source: Seeking Alpha
Mammoth Energy -10% following another Puerto Rico power fiascoMammoth Energy (NASDAQ:TUSK) tumbled nearly 10% in today's trade in the wake of anotherisland-wide power blackout on Puerto Rico.The latest blackout prompted the governor to call on the Puerto Rico Electric Power Authority to cancel its contract with the subcontractor now blamed for the massive outage.The company involved in the latest failure - as well as an outage last week that affected 870K residents - was subcontracted by Cobra Acquisitions, a TUSK subsidiary that was hired to help with power restoration efforts.TUSK says workers had been removing a fallen tower when a bulldozer got too close to an energized line and an electrical ground fault caused the outage."The breakdown affected the entire electrical system and generating plants," according to a PREPA spokesperson.Click to subscribe to real-time analytics on TUSKNow read:Big Risk Could Mean Big Profits - Or Slump - For Mammoth Energy Services »
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News
- Mammoth Energy Services Inc (TUSK) Reports Mixed Financial Results Amidst Operational Challenges [Yahoo! Finance]Yahoo! Finance
- Mammoth Energy Services, Inc. Announces PREPA's Payment of $50.6 Million and Reports Fourth Quarter and Full Year 2023 Operational and Financial ResultsPR Newswire
- Mammoth Energy: Improved Liquidity By Partially Monetizing Accounts Receivables [Seeking Alpha]Seeking Alpha
- MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE [Yahoo! Finance]Yahoo! Finance
- MAMMOTH ENERGY SERVICES, INC. ANNOUNCES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS RELEASE AND CONFERENCE CALL SCHEDULEPR Newswire
TUSK
Sec Filings
- 3/14/24 - Form 4
- 3/14/24 - Form 4
- 3/1/24 - Form 10-K
- TUSK's page on the SEC website