Mammoth Energy Services (TUSK) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mammoth Energy Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TUSK shares.
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1 analysts have issued 1 year price targets for Mammoth Energy Services' stock. Their TUSK share price forecasts range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 63.9% from the stock's current price.
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Mammoth Energy Services' stock was trading at $8.65 at the beginning of 2023. Since then, TUSK stock has decreased by 50.6% and is now trading at $4.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our TUSK earnings forecast.

Mammoth Energy Services, Inc. (NASDAQ:TUSK) announced its quarterly earnings results on Thursday, April, 27th. The energy company reported $0.17 EPS for the quarter. The energy company had revenue of $116.32 million for the quarter. Mammoth Energy Services had a trailing twelve-month return on equity of 4.90% and a net margin of 5.42%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mammoth Energy Services investors own include Viper Energy Partners (VNOM), NIO (NIO), Alibaba Group (BABA), Enterprise Products Partners (EPD), NVIDIA (NVDA), Boeing (BA), Cisco Systems (CSCO), AT&T (T) and AbbVie (ABBV).

(TUSK) raised $129 million in an initial public offering (IPO) on Friday, October 14th 2016. The company issued 7,800,000 shares at $15.00-$18.00 per share. Credit Suisse, Barclays and Simmons & Company International (Energy Specialists of Piper Jaffray) served as the underwriters for the IPO and Raymond James, Tudor, Pickering, Holt, UBS Investment Bank, Johnson Rice & Company, Stephens, Wunderlich and PNC Capital Markets were co-managers.

Mammoth Energy Services trades on the NASDAQ under the ticker symbol "TUSK."

Mammoth Energy Services' stock is owned by a number of retail and institutional investors. Top institutional investors include Wexford Capital LP (47.10%), Valueworks LLC (7.13%), Royce & Associates LP (2.70%), Acadian Asset Management LLC (1.40%), Exencial Wealth Advisors LLC (1.06%) and X Square Capital LLC (0.85%). Insiders that own company stock include Arthur L Smith, Arty Straehla, Mark E Layton and Wexford Capital Lp.
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Shares of TUSK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TUSK stock can currently be purchased for approximately $4.27.

Mammoth Energy Services (NASDAQ:TUSK) has a market capitalization of $203.72 million and generates $362.09 million in revenue each year. The energy company earns $-620,000.00 in net income (profit) each year or $0.47 on an earnings per share basis.

The company employs 1,037 workers across the globe.

Mammoth Energy Services' mailing address is 14201 CALIBER DRIVE SUITE 300, OKLAHOMA CITY OK, 73134. The official website for the company is www.mammothenergy.com. The energy company can be reached via phone at (405) 608-6007 or via email at dcrist@mammothenergy.com.