Mammoth Energy Services, Inc. (TUSK) Q3 2024 Earnings Call Transcript Summary
Mammoth Energy Services, Inc. (TUSK) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA for Q3 2024 was negative $6.4 million.The following is a summary of the Mammoth Energy Services, Inc. (TUSK) Q3 2024 Earnings Call Transcript:
以下是Mammoth Energy Services, Inc.（TUSK）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
金融業績：
Mammoth Energy reported a Q3 2024 revenue of $40 million, down from $51.5 million in Q2 2024 due to continued activity softness in natural gas basins.
The company experienced a net loss of $23.4 million, with a loss per share of $0.50.
Adjusted EBITDA for Q3 2024 was negative $6.4 million.
Mammoth Energy報告2024年第三季度營業收入爲4000萬美元，較2024年第二季度的5150萬美元下降，原因是天然氣盆地活動持續疲軟。
該公司虧損2340萬美元，每股虧損0.50美元。
2024年第三季度調整後EBITDA爲負640萬美元。
Business Progress:
業務進展：
Mammoth Energy has paid off its term credit facility of $50.9 million using the settlement funds, rendering the company debt-free.
Mammoth Energy focuses on growth in its infrastructure business, investing in T&D and engineering, and on modernizing its fleet with Tier 4 dual-fuel pump upgrades.
The company deployed about one-third of its crews in response to storm events, which impacted its infrastructure service business.
Mammoth Energy利用結算資金償還了5090萬美元的到期信貸設施，使公司無債務。
Mammoth Energy專注於發展其製造行業業務，投資於輸電和工程，並通過Tier 4雙燃料泵升級來現代化其船隊。
公司在應對風暴事件中部署了大約三分之一的隊伍，這影響了其基礎設施服務業務。
Opportunities:
機會：
The company sees an opportunity to grow its infrastructure business further, supported by the Infrastructure Investment and Jobs Act funds.
Plans to invest in pressure pumping assets to upgrade technology and improve efficiency in response to anticipated demand increases in 2025.
公司看到通過《基礎設施投資和就業法案》資金支持能進一步發展其基礎設施業務的機會。
計劃投資於壓裂泵資產，以升級技術並提高效率，以應對2025年預期需求增加。
Risks:
風險：
The well completion services division remains challenged due to prolonged industry softness and low natural gas prices.
Market conditions predicted to impact activity levels through the first half of 2025, with only a potential recovery in the latter half.
由於行業長期疲軟和天然氣價格低迷，完井服務部門仍然面臨挑戰。
市場條件預計將影響到2025年上半年的活動水平，只有在下半年有可能復甦。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
