Nasdaq Welcomes Mammoth Energy Services, Inc. to The Nasdaq Stock Market
October 14 2016 - 11:35AM
Mammoth Energy Services, Inc. (Nasdaq:TUSK), a provider of oilfield
services for independent oil and natural gas producers in North
America, visited the Nasdaq MarketSite in Times Square today in
celebration of its initial public offering (IPO) on The Nasdaq
Stock Market. The company is based in Oklahoma City, OK.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/ee7d8f7b-58ed-4d39-bd8c-3d58c9b5a06a
Mammoth Energy Services is an integrated, growth-oriented
oilfield service company serving companies engaged in the
exploration and development of North American onshore
unconventional oil and natural gas reserves. Mammoth Energy’s suite
of services includes completion and production services, natural
sand proppant services, contract land and directional drilling
services and remote accommodation services.
“This is a tremendous accomplishment by the Mammoth Energy
Services team and with our clean balance sheet and no debt, it sets
Mammoth Energy up for growth opportunities in the future. We
are very excited for our sponsors, Wexford Capital and Gulfport
Energy, as well as our team as we go forward with our services,”
said Arty Straehla, Chief Executive Officer of Mammoth Energy
Services.
“We welcome Mammoth Energy Services to join the Nasdaq family
and look forward to supporting the company as it continues to
grow,” said Nelson Griggs, Executive Vice President, Listing
Services, Nasdaq. “Nasdaq is proud to be the exchange of
choice for growth-oriented companies and with two successful IPOs
this week we are excited to see a strong momentum from the energy
sector.”
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security, sector, or an overall investment strategy. Information
about the company is provided by the company or comes from the
company’s public filings and is not independently verified by
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recommendation to buy or sell any security or any representation
about the financial condition of any company. Statements regarding
Nasdaq-listed companies are not guarantees of future performance.
Actual results may differ materially from those expressed or
implied. Past performance is not indicative of future results.
Investors should undertake their own due diligence and carefully
evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
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To learn more, visit: nasdaq.com/ambition or
business.nasdaq.com
- NDAQG -
Media Relations Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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