Mammoth Energy Services, Inc. (NASDAQ:TUSK) Stake Lessened by CastleKnight Management LP

CastleKnight Management LP cut its stake in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,433 shares of the energy company’s stock after selling 20,000 shares during the period. CastleKnight Management LP owned 0.35% of Mammoth Energy Services worth $747,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Stokes Family Office LLC acquired a new stake in shares of Mammoth Energy Services in the 3rd quarter valued at about $57,000. SG Americas Securities LLC raised its stake in Mammoth Energy Services by 26.5% during the fourth quarter. SG Americas Securities LLC now owns 12,699 shares of the energy company’s stock valued at $57,000 after buying an additional 2,663 shares in the last quarter. Archer Investment Corp lifted its holdings in Mammoth Energy Services by 25.1% during the 4th quarter. Archer Investment Corp now owns 21,400 shares of the energy company’s stock worth $95,000 after buying an additional 4,300 shares during the last quarter. WINTON GROUP Ltd grew its position in shares of Mammoth Energy Services by 250.0% in the 3rd quarter. WINTON GROUP Ltd now owns 35,816 shares of the energy company’s stock worth $166,000 after acquiring an additional 25,584 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of Mammoth Energy Services by 56.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 57,096 shares of the energy company’s stock valued at $265,000 after acquiring an additional 20,505 shares during the last quarter. 79.67% of the stock is currently owned by institutional investors.

Mammoth Energy Services Stock Performance

Shares of TUSK stock traded down $0.01 on Friday, hitting $3.57. 18,516 shares of the stock traded hands, compared to its average volume of 51,378. The company’s fifty day moving average is $3.45 and its 200 day moving average is $3.81. Mammoth Energy Services, Inc. has a 1-year low of $2.94 and a 1-year high of $5.75. The company has a market capitalization of $171.40 million, a PE ratio of -7.44 and a beta of 1.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.52 and a quick ratio of 3.41.

Mammoth Energy Services (NASDAQ:TUSK) last issued its earnings results on Thursday, May 2nd. The energy company reported ($0.25) earnings per share for the quarter. Mammoth Energy Services had a negative return on equity of 4.68% and a negative net margin of 9.87%. The business had revenue of $43.19 million for the quarter.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.