TUSK - Arty Straehla Implements A Sell Strategy: Offloads $305K In Mammoth Energy Services Stock | Benzinga
A substantial insider sell was reported on December 19, by Arty Straehla, Chief Executive Officer at Mammoth Energy Services (NASDAQ:TUSK), based on the recent SEC filing.
What Happened: Straehla's recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled the sale of 70,000 shares of Mammoth Energy Services. The total transaction value is $305,440.
The latest market snapshot at Wednesday morning reveals Mammoth Energy Services shares down by 0.0%, trading at $4.49.
Unveiling the Story Behind Mammoth Energy Services
Mammoth Energy Services Inc is an integrated, growth-oriented energy services company engaged in providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves as well as the construction and repair of the electric grid for private utilities, public investor-owned utilities, and co-operative utilities through infrastructure services businesses. Its suite of services includes well-completion services, infrastructure services, natural sand proppant services, drilling services, and other services. The majority of revenues are earned from the well-completion services and geographically from the United States followed by Canada and other countries.
Breaking Down Mammoth Energy Services's Financial Performance
Decline in Revenue: Over the 3 months period, Mammoth Energy Services faced challenges, resulting in a decline ...