Traders were quick to react to the news as they’re currently bid for shares of Mammoth Energy Services Inc. (Nasdaq:TUSK) at $4.67/share (+33.43% implied open for sellers) right before the opening bell. It should be an exciting session for this small cap!
Mammoth Energy Services Inc is an integrated, growth-oriented energy service company serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The company segments include infrastructure services, well completion services, natural sand proppant services, and drilling services. The company derived revenue from United States, Puerto Rico and Canada.
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