TUSK Stock Summary and Trading Ideas (Mammoth Energy Services | NASDAQ:TUSK)

Mammoth Energy Services Inc is an integrated 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. The company had three reportable segments, which includes well completion services (Well Completion), infrastructure services (Infrastructure) and natural sand proppant services (Sand). Key revenue is generated from Infrastructure which include electric utility infrastructure services to government-funded utilities, private utilities, public investor-owned utilities, etc.

Mammoth Energy Services trades on the NASDAQ stock market under the symbol TUSK.

As of April 3, 2025, TUSK stock price declined to $1.90 with 176,718 million shares trading.

TUSK has a beta of 1.24, meaning it tends to be more sensitive to market movements. TUSK has a correlation of 0.08 to the broad based SPY ETF.

TUSK has a market cap of $91.44 million. This is considered a Micro Cap stock.

In the last 3 years, TUSK traded as high as $8.79 and as low as $1.62.

The top ETF exchange traded funds that TUSK belongs to (by Net Assets): IWM, VTI, VXF, IWN, BSVO.

TUSK has underperformed the market in the last year with a price return of -45.7% while the SPY ETF gained +4.8%. TUSK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -36.2% and -11.2%, respectively, while the SPY returned -7.9% and -5.1%, respectively.

TUSK support price is $1.96 and resistance is $2.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TUSK shares will trade within this expected range on the day.