secwatch.observer — SEC 8-K summary
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Issuer:     MAMMOTH ENERGY SERVICES, INC. (TUSK)
CIK:        0001679268
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001679268-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mammoth Energy Q4 revenue up 80% to $102.9M; net income $4.8M vs loss a year ago
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- Q4 revenue $102.9M (+80% YoY); net income $4.8M ($0.10/sh) vs net loss $13.3M in Q4 2021.
- Full year 2022 revenue $362.1M (+58% YoY); net loss $0.6M ($0.01/sh) vs net loss $101.4M in 2021.
- Adjusted EBITDA Q4 $24.1M (+40% YoY); full year $86.1M vs ($11.6M) in 2021.
- PREPA receivable $379M; FEMA affirmed work; PREPA indicates ~$99.2M FEMA funding available subject to $21.5M offsets.
- Added fifth pressure pumping spread in Jan 2023; plans to upgrade sixth spread to Tier 4 dual fuel in H2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679268/000167926823000003/0001679268-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679268/000167926823000003/tusk-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001679268-23-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer