Mammoth Energy Services (TUSK) Tops Q3 EPS by 46c, Revenue Misses

Go back to Mammoth Energy Services (TUSK) Tops Q3 EPS by 46c, Revenue Misses

Mammoth Energy Services, Inc. Announces Third Quarter 2018 Operational and Financial Results

October 31, 2018 3:57 PM EDT

Record net income of $69.5 million, or $1.54 per diluted shareDeployed infrastructure crews in support of Hurricanes Florence and MichaelEntered into an amended and restated 5-year credit facility increasing borrowing base to $185 million - Remains undrawnDeclared quarterly dividend of $0.125 per share

OKLAHOMA CITY, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the three and nine months ended September 30, 2018.

Financial Highlights for the Third Quarter 2018:

Total... More