Mammoth Energy Services (TUSK) Tops Q4 EPS by 6c, Revenues Miss

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Mammoth Energy Services, Inc. Announces Fourth Quarter and Full Year 2019 Operational and Financial Results

February 27, 2020 4:01 PM EST

OKLAHOMA CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Mammoth Energy Services, Inc. ("Mammoth" or the "Company") (NASDAQ: TUSK) today reported financial and operational results for the fourth quarter and full year ended December 31, 2019.

Financial Highlights for the Fourth Quarter and Full Year 2019:

Total revenue was $67.6 million for the three months ended December 31, 2019, down from $113.4 million for the three months ended September 30, 2019 and down from $278.2 million for the three months ended December 31, 2018. Total revenue was $625.0 million for the year ended December 31, 2019, down from $1.7 billion for the year ended December 31, 2018.

Net loss... More