MAMMOTH ENERGY SERVICES, INC. engaged Carr, Riggs & Ingram, L.L.C. as its auditor.
“Also on May 13, 2026, the Audit Committee approved the engagement of Carr, Riggs & Ingram, L.L.C. (“CRI”) as its new independent registered public accounting firm.”
MAMMOTH ENERGY SERVICES, INC. — fact timeline
Source-grounded facts extracted from MAMMOTH ENERGY SERVICES, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
MAMMOTH ENERGY SERVICES, INC. dismissed Deloitte & Touche LLP as its auditor.
“On May 13, 2026, the Audit Committee of the Board of Directors (the “Audit Committee”) of Mammoth Energy Services, Inc. (the “Company”) approved the dismissal of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm.”
MAMMOTH ENERGY SERVICES, INC. reported the first quarter ended March 31, 2026 results: revenue $22.0 million, net income $4.7 million, or $0.10 per diluted share, EPS $0.10 per diluted share. Guidance raised.
“is moving in the right direction and we're focused on continuing to execute.” Financial Overview for the First Quarter 2026: Total revenue from continuing operations was $22.0 million for the first quarter of 2026 compared to $11.6 million for the first quarter of 2025 and $9.5 million for the fourth quarter of 2025. Net income from continuing operations for”
MAMMOTH ENERGY SERVICES, INC. reported Fourth quarter and full year ended December 31, 2025 results: revenue Q4 2025: $9.5 million; Full Year 2025: $44.3 million, net income Q4 2025 net loss: $12.3 million; Full Year 2025 net loss: $63.8 million, EPS Q4 2025 loss per share: $0.26; Full Year 2025 loss per share: $1.32.
“Total revenue from continuing operations was $9.5 million for the fourth quarter of 2025 compared to $10.0 million for the fourth quarter of 2024 and $10.9 million for the third quarter of 2025. Total revenue for the full year of 2025 was $44.3 million compared to $45.6 million in 2024. Net loss from continuing operations for the fourth quarter of 2025 was $12.3 million, or $0.26 per diluted share, compared to $9.6 million, or $0.20 per diluted share, for the fourth quarter of 2024 and $12.6 million, or $0.26 per diluted share, for the third quarter of 2025. Net loss for the full year of 2025 was $63.8 million, or $1.32 per diluted share, compared to net loss of $183.1 million, or $3.81 per diluted share for 2024.”
MAMMOTH ENERGY SERVICES, INC. entered into Agreement with Qualus, LLC valued at $30.0 million (effective 2025-12-02).
“On December 2, 2025, Mammoth Energy Partners LLC ("MEP"), a subsidiary of Mammoth Energy Services, Inc. (“Mammoth” or the “Company”), entered into an Equity Purchase Agreement (the “Agreement”), as the seller, with Qualus, LLC (“Qualus”), as the buyer, and Aquawolf LLC ("Aquawolf"), MEP's wholly-owned subsidiary and the subject of the sale, as a party to the Agreement.”
MAMMOTH ENERGY SERVICES, INC. completed a disposition involving Qualus, LLC for $30.0 million (closed 2025-12-02).
“Pursuant to the Agreement, MEP sold all equity interests in Aquawolf, which was included in the Company’s Infrastructure segment, to Qualus for $30.0 million (the “Transaction”).”
MAMMOTH ENERGY SERVICES, INC. completed a disposition involving MGB Manufacturing, LLC for $15.0 million (closed 2025-06-16).
“Stingray Pressure Pumping LLC (“Stingray”) and Mammoth Equipment Leasing LLC (“Mammoth Equipment”), subsidiaries of Mammoth Energy Services, Inc. (“Mammoth” or the “Company”), entered into an Equipment Purchase Agreement (the “Agreement”), as the sellers, with MGB Manufacturing, LLC (“MGB”), as the buyer, pursuant to which Stingray and Mammoth Equipment sold all of the Company’s equipment used in its hydraulic fracturing business, which is included in the Company’s Well Completion segment, to MGB for $15.0 million (the “Transaction”).”
MAMMOTH ENERGY SERVICES, INC. announced a impairment with charges of ranging between $7.7 million and $9.2 million affecting hydraulic fracturing business.
“As a result, the Company expects to recognize impairment expense during the second quarter of 2025 ranging between $7.7 million and $9.2 million.”
Arthur Smith departed as Director at MAMMOTH ENERGY SERVICES, INC..
“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.”
Paul Jacobi was appointed as Chief Business Officer at MAMMOTH ENERGY SERVICES, INC..
“the Board named Paul Jacobi as the Company's Chief Business Officer effective July 1, 2025.”
Bernard Lancaster was appointed as Chief Operating Officer and Principal Executive Officer at MAMMOTH ENERGY SERVICES, INC..
“the Board named Bernard Lancaster as Chief Operating Officer and Principal Executive Officer of the Company effective July 1, 2025.”
Phil Lancaster resigned as Chief Executive Officer at MAMMOTH ENERGY SERVICES, INC..
“Mr. P. Lancaster has resigned from his CEO with Mammoth effective as of June 30, 2025.”
MAMMOTH ENERGY SERVICES, INC. completed a disposition involving Peak Utility Services Group, Inc. for $108.7 million (closed 2025-04-11).
“The Transaction was completed simultaneously with the signing of the Agreement on April 11, 2025. The aggregate sales price in connection with the Transaction was approximately $108.7 million, subject to customary post-closing adjustments. Of the $108.7 million, $98.3 million was paid to Lion and the remaining $10.4 million was deposited into an escrow account for the”
MAMMOTH ENERGY SERVICES, INC. engaged Deloitte & Touche LLP as its auditor.
“Also on March 7, 2025, the Audit Committee approved the engagement of Deloitte & Touche LLP (“Deloitte”) as its new independent registered public accounting firm. Deloitte’s appointment will be for the Company’s fiscal year ending December 31, 2025, and related interim periods.”
MAMMOTH ENERGY SERVICES, INC. dismissed Grant Thornton LLP as its auditor.
“(the “Company”) approved the dismissal of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm.”
Phil Lancaster was appointed as Chief Executive Officer at MAMMOTH ENERGY SERVICES, INC..
“effective as of January 1, 2025, Phil Lancaster transitioned into the role of the Company’s Chief Executive Officer.”
Phil Lancaster was appointed as Chief Executive Officer at MAMMOTH ENERGY SERVICES, INC..
“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 retired as Chief Executive Officer at MAMMOTH ENERGY SERVICES, INC..
“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.”
MAMMOTH ENERGY SERVICES, INC. announced a impairment with charges of approximately $170.7 million.
“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.”
MAMMOTH ENERGY SERVICES, INC. reported first quarter ended March 31, 2024 results: revenue $43.2 million, net income Net loss of $11.8 million, EPS $0.25 loss per diluted share. Guidance lowered.
“Total revenue was $43.2 million for the first quarter of 2024 compared to $116.3 million for the same quarter of 2023 and $52.8 million for the fourth quarter of 2023. Net loss for the first quarter of 2024 was $11.8 million, or $0.25 loss per diluted share, compared to net income of $8.4 million, or $0.17 per diluted share, for the same quarter of 2023 and net loss of $6.0 million, or $0.12 loss per diluted share, for the fourth quarter of 2023.”
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.
“Mammoth Energy Services, Inc. Announces PREPA’s Payment of $50.6 Million and Reports Fourth Quarter and Full Year 2023 Operational and Financial Results”
MAMMOTH ENERGY SERVICES, INC. entered into Assignment Agreement with SPCP Group, LLC valued at $63.0 million (effective 2023-12-01).
“Cobra Acquisitions LLC (“Cobra”), as seller and a wholly owned subsidiary of Mammoth Energy Services, Inc. (“Mammoth” or the “Company”), and Mammoth, as guarantor, entered into an assignment agreement (the “Assignment Agreement”) with SPCP Group, LLC (“SPCP Group”), as purchaser.”
MAMMOTH ENERGY SERVICES, INC. reported third quarter ended September 30, 2023 results: revenue $65.0 million, net income $1.1 million, or $0.02 loss per diluted share.
“Total revenue was $65.0 million for the third quarter of 2023 compared to $107.2 million for the same quarter last year and $75.4 million for the second quarter of 2023. Net loss for the third quarter of 2023 was $1.1 million, or $0.02 loss per diluted share”
MAMMOTH ENERGY SERVICES, INC. incurred term loan of $45 million with Wexford Capital LP at SOFR Interest Rate plus 7.50% maturing October 16, 2028.
“lenders (“Wexford”), as may be subsequently amended (the “new term credit facility”). The new term credit facility provides for term commitments in an aggregate amount equal to $45 million. The audit committee of Mammoth’s board of directors, consisting of entirely independent directors, considered and approved the new term credit facility with Wexford. Borrowings”
MAMMOTH ENERGY SERVICES, INC. incurred revolving credit of up to $75 million with Fifth Third Bank, National Association at Tranche Rate plus (i) 1.75%, if the Average Excess Availability Percentage is gr maturing the earlier of (x) July 17, 2028, unless the indebtedness under the new term credit facility is refinanced in accordance with terms of the intercreditor agreeme.
“as may be subsequently amended (the “new revolving credit facility”). The new revolving credit facility provides for revolving commitments in an aggregate amount of up to $75 million. Borrowings under the new revolving credit facility are secured by the assets of Mammoth, inclusive of its subsidiary companies, and are subject to a borrowing base calculation”
MAMMOTH ENERGY SERVICES, INC. entered into new term credit facility with Wexford Capital LP valued at $45 million (effective 2023-10-16).
“On October 16, 2023, Mammoth, as borrower, and certain of its direct and indirect subsidiaries, as guarantors, also entered into a loan and security agreement with the lenders party thereto and Wexford Capital LP, an affiliate of Mammoth, as agent for the lenders ("Wexford"), as may be subsequently amended (the "new term credit facility").”
MAMMOTH ENERGY SERVICES, INC. entered into new revolving credit facility with Fifth Third Bank, National Association valued at $75 million (effective 2023-10-16).
“On October 16, 2023, Mammoth, as borrower, and certain of its direct and indirect subsidiaries, as guarantors, entered into a revolving credit agreement with the lenders party thereto and Fifth Third Bank, National Association, as a lender and as administrative agent for the lenders ("Fifth Third"), as may be subsequently amended (the "new revolving credit facility").”
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.
“(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”
MAMMOTH ENERGY SERVICES, INC. reported first quarter ended March 31, 2023 results: revenue $116.3 million, net income $8.4 million, or $0.17 per diluted share, EPS $0.17 per diluted share.
“(NASDAQ: TUSK) today reported financial and operational results for the first quarter ended March 31, 2023. Financial Overview for the First Quarter 2023: Total revenue was $116.3 million for the first quarter of 2023, an increase of 87% compared to $62.3 million for the same quarter of 2022 and an increase of 13% compared to $102.9 million for the fourth quarter”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.