A Period Of Struggle For Re-Establishment
Mammoth Energy Services (TUSK) provides equipment & services to the North American onshore energy producers. It also serves the utility companies through its energy infrastructure business. With the current energy market headwind, a stock price turnaround is unlikely in the short term. The company’s short-term prospect is also mired in the controversy over its past business deals in Puerto Rico. Investors might want to wait for a more stable infrastructure revenue base before considering TUSK for long-term gains.
Mammoth Energy has transformed and rediscovered its business model