Wall Street Zen Downgrades Mammoth Energy Services to Sell

Analysts cite concerns over the energy company's financial performance and outlook.

Mar. 17, 2026 at 5:42am

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Wall Street Zen has downgraded shares of Mammoth Energy Services (NASDAQ:TUSK) from a hold rating to a sell rating in a research report sent to investors. Separately, Weiss Ratings also maintained a 'sell (e+)' rating on Mammoth Energy Services' stock. The downgrades come after the energy company reported weaker-than-expected quarterly earnings, with revenue and profits missing analyst estimates.

Why it matters

Mammoth Energy Services is a diversified energy services company that provides hydraulic fracturing, well completion, and other oilfield services to exploration and production companies across North America. The downgrade by Wall Street analysts signals concerns over the company's financial performance and future outlook, which could impact its ability to secure new business and maintain profitability in a challenging energy market environment.

The details

In its latest quarterly earnings report, Mammoth Energy Services posted a loss of $0.26 per share, missing the consensus analyst estimate of a $0.08 per share loss. Revenue for the quarter came in at $9.46 million, well below the $39.30 million that analysts had expected. The company cited weaker demand for its services as a key factor behind the disappointing results.

  • Mammoth Energy Services reported its Q1 2026 earnings on March 6, 2026.
  • Wall Street Zen downgraded the stock to a 'sell' rating on March 17, 2026.

The players

Mammoth Energy Services

A diversified energy services company that provides hydraulic fracturing, well completion, and other oilfield services to exploration and production companies across North America.

Wall Street Zen

A research firm that covers the energy sector and recently downgraded Mammoth Energy Services' stock to a 'sell' rating.

Weiss Ratings

An independent research firm that also has a 'sell (e+)' rating on Mammoth Energy Services' stock.

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What’s next

Investors will be closely watching to see if Mammoth Energy Services can turn around its financial performance in the coming quarters and regain the confidence of Wall Street analysts.

The takeaway

The downgrades of Mammoth Energy Services by Wall Street analysts highlight the ongoing challenges facing the energy services industry, as companies navigate volatile market conditions and weaker demand for their offerings.