Mammoth Energy's Frac Sand Mining Costs Are Among The Best In The Industry

About: Mammoth Energy Services, Inc. (TUSK)
by: Todd Akin
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Todd Akin
Deep Value, newsletter provider, portfolio strategy, oil & gas

Mammoth Energy is diversifying away from the volatile oil & gas industry, with industrial sales now representing a much higher percentage of revenues than in previous years.

Pressure pumping and sand pricing are showing signs of a recovery, even in the fourth quarter of 2018.

Since issues surrounding the stock remain temporary, the recent dip in TUSK’s shares are posing a buying opportunity.

Mammoth Energy (TUSK) has seen its share price fall with the rest of its peers in the oil & gas sector due to lower commodity prices and overall market weakness. But, these events