---
schema_version: "secwatch.filing_event.v1"
accession: "0001679268-24-000057"
form_type: "8-K"
ticker: "TUSK"
cik: "0001679268"
company_name: "MAMMOTH ENERGY SERVICES, INC."
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:07:59.828510+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mammoth Energy settles PREPA dispute for $170M + $18.4M; records $170.7M impairment

## Summary
- Receivable from PREPA was ~$359.1M; settlement yields $170M allowed claim plus $18.4M in withheld FEMA funds.
- Payment schedule: $150M after court approval (expected Aug/Sep 2024); $20M upon PREPA plan effective date; $18.4M after appeal deadline.
- Company records non-cash pre-tax impairment charge of ~$170.7M in Q2 2024.
- Company to use proceeds to pay off ~$49.3M outstanding under Wexford credit facility and terminate it.
- Settlement subject to Title III Court approval; hearing expected August or September 2024.

## SEC filing metadata
- accession: 0001679268-24-000057
- form_type: 8-K
- ticker: TUSK
- cik: 0001679268
- company_name: MAMMOTH ENERGY SERVICES, INC.
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.04, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679268/000167926824000057/0001679268-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679268/000167926824000057/tusk-20240722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679268-24-000057
- JSON: https://secwatch.observer/filing/0001679268-24-000057.json
- Plain text: https://secwatch.observer/filing/0001679268-24-000057.txt

## Key facts
- Restructurings & Charges
  MAMMOTH ENERGY SERVICES, INC. announced a impairment with charges of approximately $170.7 million.
  - Type: impairment
  - Charge: approximately $170.7 million
  source text: As a result of the Settlement Agreement, the Company will record a non-cash, pre-tax charge of approximately $170.7 million in the second quarter of 2024 to reduce its accounts receivable balance from PREPA to the amount expected to be received from the Settlement Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679268/000167926824000057/0001679268-24-000057-index.htm

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