Mammoth Energy Services: Falls on Q4 revenue miss

Mammoth Energy Services

15/03/2019 15:14

** Shares of the oilfield services provider  TUSK.O  down
10.4 pct at $18.34
    ** Reports Q4 revenue at $278.2 mln, a 25 pct drop from a
year-ago period and misses analysts' ests of $358.37 mln,
according to Refinitiv data
    ** Records 24 pct fall in Q4 revenues from its biggest
business unit - Infrastructure Services - to $159.6 mln
 urn:newsml:reuters.com:*:nGNX2Bpf78
    ** Q4 revenue from other two main units - pressure pumping
services & natural sand proppant services - also fall 35 pct and
38 pct, respectively
    ** Up to Thursday's close, stock up ~14 pct this year

 (Reporting by Shanti S Nair in Bengaluru)
 ((Reuters Messaging:
shantis.nair.thomsonreuters.com@reuters.net))