Mammoth Energy Services Q1 revenue jumps on rental services segment strength

Mammoth Energy Services

11/05/2026 13:13

Overview

US oil and gas services firm's Q1 revenue jumps yr/yr

Net income from continuing operations swung to profit vs Q1

Company began share repurchase program and raised full-year adjusted EBITDA outlook

Outlook

Mammoth raises 2026 outlook, now expects to reach full-year Adjusted EBITDA positive

Company expects to remain opportunistic with share repurchases going forward

Result Drivers

AVIATION SALES - Q1 rental services revenue rose sharply, driven by a $10 mln increase in aviation revenue, including a $6.5 mln auxiliary power unit sale

COST REDUCTIONS - Co said it took meaningful cost out of the structure and SG&A expense fell yr/yr and sequentially

SAND PRICING MIX - Average price per ton of sand sold declined due to a shift in grade mix

Company press release: ID:nPn1wk8Y1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$22 mln
Q1 EPS
$0.11
Q1 Capex
$11.70 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)