---
schema_version: "secwatch.filing_event.v1"
accession: "0001679268-24-000003"
form_type: "8-K"
ticker: "TUSK"
cik: "0001679268"
company_name: "MAMMOTH ENERGY SERVICES, INC."
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:36:44.344101+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mammoth Energy Q4 net loss $6.0M on rev $52.8M; receives $50.6M from PREPA

## Summary
- PREPA paid $50.6M in March plus $13.4M in Jan; extinguished SPCP liability, netting ~$9.6M cash.
- Q4 2023 revenue $52.8M (-49% YoY); net loss $6.0M ($0.12 loss/diluted share) vs net income $4.8M in Q4 2022.
- Full year 2023 revenue $309.5M (-15% YoY); net loss $3.2M vs net loss $0.6M in 2022.
- Well completion rev fell to $16.1M (669 stages) from $51.4M (1,837 stages); only 0.9 fleets active.
- Liquidity $37.3M at year-end; 2024 capex budget ~$15M; revolver undrawn with $27M borrowing base.

## SEC filing metadata
- accession: 0001679268-24-000003
- form_type: 8-K
- ticker: TUSK
- cik: 0001679268
- company_name: MAMMOTH ENERGY SERVICES, INC.
- filed_at: 2024-03-01T23:59:59+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/1679268/000167926824000003/0001679268-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679268/000167926824000003/tusk-20240301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679268-24-000003
- JSON: https://secwatch.observer/filing/0001679268-24-000003.json
- Plain text: https://secwatch.observer/filing/0001679268-24-000003.txt

## Key facts
- Earnings Releases
  MAMMOTH ENERGY SERVICES, INC. reported the fourth quarter and full year ended December 31, 2023 results: revenue $52.8 million for the fourth quarter of 2023, net income Net loss for the fourth quarter of 2023 was $6.0 million, or $0.12 loss per diluted share.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $52.8 million for the fourth quarter of 2023
  - Net income: Net loss for the fourth quarter of 2023 was $6.0 million, or $0.12 loss per diluted share
  - Result: reported results
  source text: Mammoth Energy Services, Inc. Announces PREPA’s Payment of $50.6 Million and Reports Fourth Quarter and Full Year 2023 Operational and Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679268/000167926824000003/0001679268-24-000003-index.htm

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