secwatch.observer — SEC 8-K summary
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Issuer:     MAMMOTH ENERGY SERVICES, INC. (TUSK)
CIK:        0001679268
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001679268-23-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mammoth Energy Q3 revenue $65M, net loss $1.1M; refinances debt
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- Total revenue of $65.0M, down 39% YoY from $107.2M; net loss $1.1M vs net income $7.7M in Q3 2022.
- Adjusted EBITDA $13.4M, down from $29.8M in prior year quarter.
- Well completion revenue $20.3M on 577 stages vs $51.5M on 1,897 stages YoY; 1.2 fleets active.
- New $75M revolving credit facility with Fifth Third Bank and $45M term loan with Wexford closed Oct 16, 2023.
- Received $11.4M from PREPA in Q3, total $22.2M YTD; still pursuing outstanding amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679268/000167926823000057/0001679268-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679268/000167926823000057/tusk-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001679268-23-000057

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