---
schema_version: "secwatch.filing_event.v1"
accession: "0001679268-23-000045"
form_type: "8-K"
ticker: "TUSK"
cik: "0001679268"
company_name: "MAMMOTH ENERGY SERVICES, INC."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:44:33.874014+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mammoth Energy Q2 revenue $75.4M, net loss $4.5M; refinancing and $55M buyback authorized

## Summary
- Total revenue $75.4M (-16% YoY); net loss $4.5M (-$0.09/diluted) vs net income $1.7M in Q2 2022.
- Well completion services revenue fell to $27.6M from $43.8M YoY; active fleets dropped to 1.6 from 3.5.
- Adjusted EBITDA $16.4M, down from $23.0M YoY and $30.7M in Q1 2023; capex reduced.
- Board approved stock repurchase up to $55M or 10M shares, contingent on closing credit facility refinancing.
- Received $10.75M from PREPA (first payment in 4+ years); still pursuing outstanding amounts plus interest.

## SEC filing metadata
- accession: 0001679268-23-000045
- form_type: 8-K
- ticker: TUSK
- cik: 0001679268
- company_name: MAMMOTH ENERGY SERVICES, INC.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679268/000167926823000045/0001679268-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679268/000167926823000045/tusk-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679268-23-000045
- JSON: https://secwatch.observer/filing/0001679268-23-000045.json
- Plain text: https://secwatch.observer/filing/0001679268-23-000045.txt

## Key facts
- Earnings Releases
  MAMMOTH ENERGY SERVICES, INC. reported second quarter ended June 30, 2023 results: revenue $75.4 million, net income Net loss for the second quarter of 2023 was $4.5 million, or $0.09 loss per diluted share, EPS $0.09 loss per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $75.4 million
  - Net income: Net loss for the second quarter of 2023 was $4.5 million, or $0.09 loss per diluted share
  - EPS: $0.09 loss per diluted share
  - Result: reported results
  source text: (NASDAQ: TUSK) today reported financial and operational results for the second quarter ended June 30, 2023. Financial Overview for the Second Quarter 2023 Total revenue was $75.4 million for the second quarter of 2023, a decrease of 16% compared to $89.7 million for the same quarter last year and a decrease of 35% compared to $116.3 million for the first quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679268/000167926823000045/0001679268-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.