Brief: Mammoth Energy Services Posts Q2 Loss Per Share Of $0.24

Mammoth Energy Services

01/08/2019 22:32

Aug 1 (Reuters) - Mammoth Energy Services Inc  TUSK.O :
    * MAMMOTH ENERGY SERVICES, INC. ANNOUNCES SECOND QUARTER
2019
OPERATIONAL AND FINANCIAL RESULTS
    * Q2 LOSS PER SHARE $0.24
    * Q2 REVENUE $181.8 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$200.8 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $-0.09 -- REFINITIV IBES
DATA
    * SUSPENDED DIVIDEND DUE TO OILFIELD SERVICE MARKET
CONDITIONS
    * 2019 CAPITAL BUDGET DECREASED 49% FROM $80 MILLION TO $41
MILLION

Source text for Eikon:  ID:nGNX7sgXDH 
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