Paul Jacobi
the Board named Paul Jacobi as the Company's Chief Business Officer effective July 1, 2025.
Highest-materiality recent filing
Mammoth Energy shareholders elect all 6 director nominees, approve executive compensation
Directors elected: Arthur Amron, Corey Booker, Paul Jacobi, Phil Lancaster, James Palm, Mark Plaumann.
Mammoth Energy Services replaces auditor Deloitte with Carr, Riggs & Ingram
Dismissed Deloitte & Touche as independent auditor effective May 13, 2026.
Mammoth Energy Q1 revenue doubles to $22M, net income $4.7M; raises 2026 EBITDA outlook
Revenue from continuing ops $22.0M (up 90% YoY from $11.6M); net income $4.7M ($0.10 diluted) vs net loss $2.2M in Q1 2025.
Mammoth Energy Q4 revenue $9.5M, net loss $12.3M; full-year loss narrows to $63.8M
Revenue from continuing ops $9.5M in Q4 2025 vs $10.0M Q4 2024; full-year $44.3M vs $45.6M.
Mammoth Energy sells Aquawolf engineering unit to Qualus for $30M; net cash $23.5M
Sale price $30.0M; closing cash proceeds $23.5M, $2.5M escrow for post-closing adjustments and indemnities.
Mammoth Energy Q3 revenue $14.8M, net loss $0.25/share; completed Piranha divestiture
Revenue $14.8M (down 13% YoY from $17.1M); net loss $12.1M ($0.25/share) vs $8.9M loss ($0.18) in Q3 2024.
Mammoth Energy Q2 2025 net loss $35.7M; sells infrastructure units for $108.7M
Total revenue from continuing ops $16.4M (vs $16.0M YoY); net loss $35.7M ($0.74/diluted) vs $155.6M loss YoY.
Mammoth Energy cuts revolver to $50M; appoints Bernard Lancaster COO
Revolving loan commitments reduced from $75M to $50M effective July 2, 2025.
Mammoth Energy appoints departing CEO Phil Lancaster to board; chairman Amron deemed independent
Phil Lancaster appointed as non-independent board member effective July 1, 2025, after CEO resignation.
Mammoth sells hydraulic fracturing equipment for $15M; expects $7.7M-$9.2M impairment
Sold all hydraulic fracturing equipment to MGB Manufacturing for $15M cash; closed June 16, 2025.
Mammoth Energy shareholders elect four directors, approve say-on-pay, ratify auditor
Shareholders elect Arthur Amron, Corey Booker, Paul Jacobi, and James Palm to board until 2026 annual meeting.
Mammoth Energy CEO Phil Lancaster resigns; son Bernard named COO; board changes
CEO Phil Lancaster resigns effective June 30, 2025; will become non-voting board observer June 11.
Mammoth Q1 revenue $62.5M, net loss $0.5M; completes $108.7M infrastructure sale
Total revenue $62.5M, up 45% YoY ($43.2M) and 17% sequentially ($53.2M).
Mammoth Energy sells infrastructure units for $108.7M; CEO to depart, share buyback authorized
Aggregate sale price $108.7M; net cash proceeds of $98.3M; $10.4M escrow for post-closing adjustments.
Mammoth Energy dismisses Grant Thornton as auditor, appoints Deloitte & Touche
Audit committee dismissed Grant Thornton LLP on March 7, 2025, effective immediately.
Mammoth Energy Q4 2024 net loss $15.5M, revenue $53.2M; full-year net loss $207.3M
Total revenue Q4 2024: $53.2M (vs $52.8M Q4 2023); full-year revenue $187.9M (down from $309.5M).
Mammoth Energy Services sets CEO Phil Lancaster's compensation: $350K salary plus $20K monthly bonus
Phil Lancaster named CEO effective Jan 1, 2025; compensation approved Feb 10, 2025.
Mammoth Energy CEO Arty Straehla to retire Dec 31; Phil Lancaster to become CEO Jan 1
Arty Straehla will retire as CEO and resign from the Board, effective December 31, 2024.
Mammoth Q3 revenue $40M, net loss $24M; PREPA settlement makes company debt-free
Total revenue $40.0M, down 38% YoY from $65.0M; net loss $24.0M ($0.50/diluted share) vs $1.1M loss in Q3 2023.
Mammoth receives $18.4M from PREPA settlement; enters letter of credit agreement
Cobra received $18.4M from PREPA, bringing total settlement proceeds received to $168.4M of $188.4M.
Mammoth receives $150M PREPA settlement, pays off debt, raises capex guidance to $23M
Received $150M first installment from PREPA settlement; total settlement proceeds $188.4M.
Mammoth Energy Q2 net loss $156M on $170.7M PREPA settlement charge; revenue $51.5M
Net loss $156M ($3.25/sh) vs $11.8M loss ($0.25/sh) in Q1; Adjusted EBITDA ($160.7M) vs $4.5M.
Mammoth Energy settles PREPA dispute for $170M + $18.4M; records $170.7M impairment
Receivable from PREPA was ~$359.1M; settlement yields $170M allowed claim plus $18.4M in withheld FEMA funds.
All six director nominees elected; James Palm received 28.1M for vs. 8.2M against, others had higher margins.
Mammoth Energy Q1 revenue $43.2M, net loss $0.25/sh; cuts 2024 capex to $9M
Revenue $43.2M, down 63% YoY vs $116.3M; net loss $11.8M ($0.25 loss/sh) vs net income $8.4M in Q1 2023.
Mammoth Energy Q4 net loss $6.0M on rev $52.8M; receives $50.6M from PREPA
PREPA paid $50.6M in March plus $13.4M in Jan; extinguished SPCP liability, netting ~$9.6M cash.
Mammoth sells $54.4M PREPA receivable at 88% for $46.3M net, repays revolver
Cobra sold $54.4M net PREPA claim to SPCP Group at 88% of face; net proceeds $46.3M.
Mammoth Energy Q3 revenue $65M, net loss $1.1M; refinances debt
Total revenue of $65.0M, down 39% YoY from $107.2M; net loss $1.1M vs net income $7.7M in Q3 2022.
Mammoth Energy closes $75M revolver and $45M term loan; Wexford Capital funds term loan at SOFR+7.5%
New $75M revolving credit facility with Fifth Third Bank; borrowing base $35.1M, $28.1M drawn, ~$7M available.
Mammoth Energy Q2 revenue $75.4M, net loss $4.5M; refinancing and $55M buyback authorized
Total revenue $75.4M (-16% YoY); net loss $4.5M (-$0.09/diluted) vs net income $1.7M in Q2 2022.
Mammoth Energy shareholders elect directors, approve say-on-pay, ratify auditor
Six director nominees elected with between 29.0M and 35.1M votes for each (all incumbents).
Mammoth Q1 rev $116.3M (+87% YoY), net income $8.4M; cuts capex outlook on nat-gas headwinds
Net income of $8.4M ($0.17 diluted) vs net loss of $14.8M ($0.32 loss) in Q1 2022.
Mammoth Energy Q4 revenue up 80% to $102.9M; net income $4.8M vs loss a year ago
Q4 revenue $102.9M (+80% YoY); net income $4.8M ($0.10/sh) vs net loss $13.3M in Q4 2021.
Mammoth Energy Q3 revenue $107.2M (+86% YoY), net income $7.7M vs loss $40.9M
Revenue $107.2M, up 86% YoY; net income $7.7M ($0.16/share) vs loss $40.9M ($0.88 loss) in Q3 2021.
Mammoth Energy Q2 revenue $89.7M, net income $1.7M vs loss; 2022 capex guided to ~$20M
Q2 total revenue $89.7M (up 89% YoY); net income $1.7M ($0.04 EPS) vs net loss $34.8M ($0.75 loss) YoY.
Mammoth Energy stockholders elect directors, approve say-on-pay, ratify auditor
Six director nominees elected: Amron, Booker, Jacobi, Palm, Smith, Straehla, with votes ranging from 26.4M to 31.4M for.
Mammoth Energy Services posts updated investor presentation on website
Investor presentation posted May 24, 2022 on Mammoth's website under News & Events.
Mammoth Energy Q1 2022 revenue $62.3M, net loss widens to $14.8M
Revenue $62.3M, down 7% YoY from $66.8M; net loss $14.8M ($0.32/sh) vs $12.4M loss YoY.
Mammoth Energy Q4 2021 net loss $13.3M; rev $57.2M; adj EBITDA $17.2M; credit facility amended
Q4 revenue $57.2M (-33% YoY); net loss $13.3M ($0.28 loss/share) vs $11.9M loss in Q4 2020.
Mammoth Energy Q3 net loss $40.9M; revenue falls 18% YoY; credit facility covenants waived
Total revenue $57.5M, down from $70.5M a year ago; net loss of $40.9M ($0.88 per share) vs net income of $3.4M.
Mammoth Energy Services derivative lawsuit settled for $1.5M from D&O insurers
Preliminary approval granted on Oct 28, 2021; final hearing set for Jan 7, 2022.
Mammoth expects $32-33M loss from Gulfport settlement; likely covenant breach under credit facility
Settled litigation with Gulfport; received allowed claim of $3.1M but had $33.0M receivables, expects ~$32-33M loss in Q3 2021.
Mammoth Energy Q2 net loss $34.8M ($0.75/share); revenue $47.4M down 21% YoY
Net loss $34.8M ($0.75 loss per share) vs $15.2M ($0.33) YoY; Adjusted EBITDA -$5.5M vs +$6.9M.
the Board named Paul Jacobi as the Company's Chief Business Officer effective July 1, 2025.
the Board named Bernard Lancaster as Chief Operating Officer and Principal Executive Officer of the Company effective July 1, 2025.
Arthur Smith, who has served as a director of the Company since the Company's initial public offering, will not stand for re-election at the Company's 2025 Annual Meeting of Stockholders on June 11, 2025 (the "2025 Annual Meeting"), and will retire as a director, chairman of the audit committee and member of the compensation committee and nominating and corporate governance committee, effective as of the date of the 2025 Annual Meeting.
Mr. P. Lancaster has resigned from his CEO with Mammoth effective as of June 30, 2025.
effective as of January 1, 2025, Phil Lancaster transitioned into the role of the Company’s Chief Executive Officer.
The Company also announced that Phil Lancaster, who currently serves as the Company’s Vice President of Corporate Development, will transition into the role of the Company’s Chief Executive Officer, effective as of January 1, 2025.
Arty Straehla has notified the Company’s Board of Directors (the “Board”) on November 6, 2024 of his decision to retire as the Chief Executive Officer of the Company, effective as of December 31, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings