FeesSafety
Pluang+

Mammoth Energy raises 2026 outlook after Q3 revenue nearly doubles to $21.3M and Adjusted EBITDA hits $5.8M

Company Fundamentals
30 Oct 2026, 14:00 WIB
PRNewsWire
View Source
Bullish
Mammoth Energy raises 2026 outlook after Q3 revenue nearly doubles to $21.3M and Adjusted EBITDA hits $5.8M

Mammoth Energy Services reported a 95% revenue increase year-over-year to $21.3 million in Q3 2026, with net income turning positive at $0.3 million compared to losses in prior periods. Adjusted EBITDA more than doubled sequentially to $5.8 million, driven by growth in aviation leasing and rental services. The company expanded its aviation portfolio and raised its full-year 2026 revenue growth outlook to over 90%, expecting mid-teen Adjusted EBITDA margins. For 2027, Mammoth anticipates Adjusted EBITDA growth exceeding 40%, focusing on aviation leasing and operational improvements.

Mammoth Energy Services released its Q3 2026 operational and financial results. For readers following the Energy sector, here is Pluang's market snapshot as of Oct 30, 2026 17:21 WIB: out of 79 priced Energy-sector US stocks, 53 rose and 22 fell. Notable movers include UUUU at USD 7.86 with a 1-day change of -4.50% and 100% sell order activity, SEDG at USD 29.21 with a 1-day change of -4.34% and 75% sell order activity, and LEU at USD 105.78 with a 1-day change of -4.31% and 100% sell order activity.

More News

FirstCash stock drops 14.75% after Q3 earnings reveal 28% income fall in finance segment

FirstCash stock drops 14.75% after Q3 earnings reveal 28% income fall in finance segment

FirstCash Holdings reported a 28% year-over-year decline in operating income for its American First Finance segment and a 15% drop in lease and loan originations for Q3 2026. This led to a 14.75% stock price decline on October 22, 2026. The Law Offic...

Market News
Bearish
1 hour ago
Oxford Square Capital reports Q3 2026 NAV at $1.21 and declares $0.015 monthly dividends for early 2027.

Oxford Square Capital reports Q3 2026 NAV at $1.21 and declares $0.015 monthly dividends for early 2027.

Oxford Square Capital Corp. announced its financial results for Q3 2026, reporting a net asset value (NAV) per share of $1.21, down from $1.29 in Q2. The company declared monthly dividends of $0.015 per share for January, February, and March 2027. Ne...

Company Fundamentals
Neutral
2 hours ago
MADD Canada urges sober driving this Halloween to prevent impaired driving crashes.

MADD Canada urges sober driving this Halloween to prevent impaired driving crashes.

As Halloween approaches, MADD Canada warns against impaired driving caused by alcohol, cannabis, or drugs, which leads to hundreds of deaths and thousands of injuries annually in Canada. The organization urges people to plan safe transportation if co...

Market News
Bearish
3 hours ago
MADD Canada urges sober driving and caution for Halloween to prevent impaired driving crashes.

MADD Canada urges sober driving and caution for Halloween to prevent impaired driving crashes.

MADD Canada warns Canadians to avoid impaired driving during Halloween, emphasizing the risks of alcohol, cannabis, and drug-related crashes that cause deaths and injuries annually. The organization urges people to plan safe rides, watch for children...

Market News
Neutral
3 hours ago
Jupiter Lend limits withdrawals amid tight liquidity but assures user funds are safe.

Jupiter Lend limits withdrawals amid tight liquidity but assures user funds are safe.

Jupiter Lend, a Solana-based lending protocol, is temporarily restricting some withdrawals due to reduced available liquidity. At one point, only about 7,900 USDC was immediately accessible from a vault holding roughly $419.6 million. The protocol at...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App