Colby Sasso's questions to MAMMOTH ENERGY SERVICES (TUSK) leadership • Q2 2025
Question
Colby Sasso of Daniel Energy Partners inquired about Mammoth's three-to-five-year growth strategy, particularly for the rental and accommodation services segments, given its significant cash position. He also asked for a breakdown of sand sales between domestic and Canadian markets and the outlook for each.
Answer
Mark Layton, Chief Financial Officer, explained that near-term capital is focused on the aviation sector, targeting IRRs of 25-35% and a 2-3x multiple on invested capital. Regarding the sand market, Layton stated that while the exact split is not disclosed, the majority of sales have historically been to Western Canada's Montney shale, a trend he expects to continue due to the availability of Tier one acreage.