Valueworks LLC Has $8.47 Million Stock Position in Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Valueworks LLC trimmed its stake in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 10.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,823,185 shares of the energy company's stock after selling 313,186 shares during the quarter. Mammoth Energy Services accounts for 2.8% of Valueworks LLC's portfolio, making the stock its 18th largest holding. Valueworks LLC owned approximately 5.87% of Mammoth Energy Services worth $8,470,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Barclays PLC boosted its holdings in shares of Mammoth Energy Services by 65.1% in the 3rd quarter. Barclays PLC now owns 57,081 shares of the energy company's stock worth $233,000 after acquiring an additional 22,503 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Mammoth Energy Services by 76.3% in the 4th quarter. Empowered Funds LLC now owns 146,574 shares of the energy company's stock worth $440,000 after acquiring an additional 63,417 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Mammoth Energy Services by 11.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 70,674 shares of the energy company's stock worth $212,000 after acquiring an additional 7,064 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of Mammoth Energy Services by 7.3% in the 4th quarter. Royce & Associates LP now owns 1,449,922 shares of the energy company's stock worth $4,350,000 after acquiring an additional 98,698 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Mammoth Energy Services by 465.2% in the 4th quarter. JPMorgan Chase & Co. now owns 63,079 shares of the energy company's stock worth $189,000 after acquiring an additional 51,919 shares in the last quarter. 79.67% of the stock is owned by institutional investors and hedge funds.

Mammoth Energy Services Stock Up 1.6%

NASDAQ:TUSK opened at $2.50 on Tuesday. The stock's fifty day moving average price is $2.34 and its two-hundred day moving average price is $2.77. Mammoth Energy Services, Inc. has a 52-week low of $1.68 and a 52-week high of $4.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. The company has a market cap of $120.32 million, a price-to-earnings ratio of -0.61 and a beta of 1.48.

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The energy company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $62.47 million for the quarter. Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Mammoth Energy Services from a "hold" rating to a "buy" rating in a report on Thursday, May 8th.

Mammoth Energy Services Company Profile

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.

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