Mammoth Energy Services (NASDAQ:TUSK) Releases Quarterly Earnings Results

Mammoth Energy Services (NASDAQ:TUSK) announced its quarterly earnings data on Friday. The energy company reported ($0.50) EPS for the quarter, RTT News reports. The company had revenue of $40.02 million for the quarter. Mammoth Energy Services had a negative return on equity of 41.54% and a negative net margin of 82.30%. During the same period last year, the business posted ($0.02) earnings per share.

Mammoth Energy Services Stock Performance

NASDAQ TUSK opened at $3.68 on Friday. The company has a fifty day simple moving average of $4.10 and a 200 day simple moving average of $3.70. Mammoth Energy Services has a 12-month low of $2.50 and a 12-month high of $4.95. The company has a current ratio of 2.57, a quick ratio of 2.45 and a debt-to-equity ratio of 0.16. The company has a market cap of $176.88 million, a P/E ratio of -1.01 and a beta of 1.69.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Mammoth Energy Services from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th.

About Mammoth Energy Services

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.