Tusk - Risky Move But Huge Rewards

Mammoth Energy Services, Inc. engages in the exploration and development of North American onshore unconventional oil and natural gas reserves. It operates through the following business segments: Pressure Pumping, Infrastructure, Natural Sand Proppant, and Other. The Pressure Pumping segment provides pressure pumping services, also known as hydraulic fracturing, to exploration and production companies. The Infrastructure segment offers restoration, repair, transmission and distribution, and commercial services. The Natural Sand Proppant segment refers to natural sand proppant services wherein it involes mining, processing, and selling sand. The Other segment offers energy services including contract land and directional drilling, coil tubing, pressure control, flowback, cementing, acidizing, equipment rental, crude oil hauling and remote accommodation services. The company was founded on June 3, 2016 and is headquartered in Oklahoma City, OK.

SHORT INTEREST
2.09M 08/15/19

P/E Current
0.61

P/E Ratio (with extraordinary items)
0.93

P/E Ratio (without extraordinary items)
3.43

Average Recommendation: OVERWEIGHT

Average Target Price: 6.28

Wait for it to trend up above the Orange EMA to look at an entry. This is risky but could bounce off this zone.