Mammoth Energy Services, Inc. (TUSK)
NASDAQIndustrialsConglomeratesSnapshot 2026-09-04
$3.12+0.32%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsConglomeratesSnapshot 2026-09-04
QuarterlyIQ Insights · TUSK
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 142.6% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| -57.4% |
Growth built into the price is above our model estimate.
The price assumes 200.0 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 10 industry peers · Company calendar date is not available
TUSK — legal / regulatory event — Changes in Registrant’s Certifying Accountant
Dated 2026-05-15
Changes in Registrant’s Certifying Accountant. 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. The Company informed Deloitte of their dismissal on May 13, 2026. During the Company’s most recent fiscal year ended December 31, 2025 and during the subsequent interim period from January…
Why it matters: Sustained revenue growth would show that Mammoth is improving its market position.
Supportive ifQ2 2026 revenue exceeds $22 million, confirming strong growth momentum.
Worry ifQ2 2026 revenue falls below $22 million, suggesting growth challenges.
Why it matters: If they reach positive Adjusted EBITDA, it shows they are on track for 2026. This would also show growth.
Supportive ifIn Q2, Adjusted EBITDA was above $0. This means the turnaround plan is working.
Worry ifIn Q2, Adjusted EBITDA is still negative. This shows the business has ongoing challenges.
Why it matters: Firing Deloitte might hurt investor trust and stability. It is important to watch this change.
Worry ifManagement shares a clear plan for how the new accountant will help with finances.
Less concerning ifNo clear plan is shared, causing worry about financial reporting.
Why it matters: If sector revenue growth picks up, it could benefit Mammoth's business.
Supportive ifSector revenue growth speeds up to over 5% each year.
Worry ifSector revenue growth slows down to under 5% each year.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$216 on $10,000 · ±2.2% | How much price usually moves either way. |
| Bad day | $606 loss on $10,000 · 6.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,385 loss on $10,000 · 33.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Changing auditors can affect how investors feel. It also impacts financial reporting trust.
Worry ifThe new auditor has been announced. They have a strong reputation, which helps confidence.
Less concerning ifNo new auditor is named or the new firm has a poor reputation, raising concerns.
Why it matters: If peers maintain strong RFP status, it may highlight competitive pressures on Mammoth.
Worry ifAt least two peers report strong RFP status in their next updates.
Less concerning ifPeer RFP status gets worse, showing a bigger industry problem.
Why it matters: Strong revenue growth in rental services helps the company do better overall.
Supportive ifRental services revenue is over $15 million. This shows strong demand and success.
Worry ifRental services revenue is below $10 million. This suggests a slowdown in business.
Why it matters: Good acquisitions can boost growth and improve infrastructure.
Supportive ifThey announced that they finished buying companies. This will help their fiber network.
Worry ifNo new acquisitions announced in the next quarter.
Why it matters: Growth in drilling services revenue would indicate rising demand in the oil and gas sector.
Supportive ifDrilling services revenue was over $4 million for Q3.
Worry ifDrilling services revenue was below $4 million for Q3.
Why it matters: A margin over 10% shows better profits and good operations.
Supportive ifAdjusted EBITDA margin is over 10% in Q3.
Worry ifAdjusted EBITDA margin stays below 10% in Q3.
Why it matters: Hitting this target shows strong business growth and success.
Supportive ifQ3 revenue grew over 90% compared to last year.
Worry ifQ3 revenue grew less than 90% compared to last year.