Mammoth Energy Services Bullishness
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Mammoth Energy ServicesInsider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
•Business
Business & Economics
Mammoth Energy Services, Inc. (TUSK): A Bull Case Theory

76% Informative
Mammoth Energy Services , Inc. (TUSK)'s share was trading at $ 2.73 as of 29th May.
With approximately 48 million shares outstanding and a post-transaction cash position of $160 million , the company’s market capitalization sits at just $108 million .
This means TUSK is currently trading below net cash, with no net debt, assigning effectively negative value to its remaining oilfield services and fracking proppant businesses.
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