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Stock impact report

Mammoth Energy Services Inc (TUSK) Reports Mixed Financial Results Amidst Operational Challenges [Yahoo! Finance]

Mammoth Energy Services, Inc. (TUSK) 
Last mammoth energy services, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mammothenergy.com
Company Research Source: Yahoo! Finance
Net Loss : Reported a net loss of $3.2 million for the full year of 2023, compared to a net loss of $0.6 million in 2022. Adjusted EBITDA : Adjusted EBITDA for 2023 was $71.0 million, down from $86.1 million in the previous year. Liquidity : Total liquidity stood at $37.3 million as of December 31, 2023, bolstered by payments from PREPA. Capital Expenditures : Capital expenditures totaled $19.4 million for the full year of 2023. Operational Highlights : Well completion services and natural sand proppant services saw a decrease in revenue and stages completed. Warning! GuruFocus has detected 4 Warning Signs with TUSK. Mammoth Energy Services Inc ( NASDAQ:TUSK ) released its 8-K filing on March 1, 2024, detailing its fourth quarter and full year 2023 financial and operational results. The company, an integrated energy services provider, faced a challenging year with a 15% decrease in annual revenue and a net loss, attributed to deferred activities by exploration and product Show less Read more
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