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The Mammoth Energy Services (NASDAQ:TUSK) Share Price Is Up 253% And Shareholders Are Boasting About It

Mammoth Energy Services, Inc. (NASDAQ:TUSK) shareholders might be concerned after seeing the share price drop 22% in the last quarter. Despite this, the stock is a strong performer over the last year, no doubt about that. We're very pleased to report the share price shot up 253% in that time. So it is important to view the recent reduction in price through that lense. Investors should be wondering whether the business itself has the fundamental value required to continue to drive gains.

View our latest analysis for Mammoth Energy Services

Given that Mammoth Energy Services didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

Mammoth Energy Services actually shrunk its revenue over the last year, with a reduction of 39%. We're a little surprised to see the share price pop 253% in the last year. It just goes to show the market doesn't always pay attention to the reported numbers. Of course, it could be that the market expected this revenue drop.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

earnings-and-revenue-growth
earnings-and-revenue-growth

If you are thinking of buying or selling Mammoth Energy Services stock, you should check out this FREE detailed report on its balance sheet.

A Different Perspective

Pleasingly, Mammoth Energy Services' total shareholder return last year was 253%. This recent result is much better than the 23% drop suffered by shareholders each year (on average) over the last three. We're generally cautious about putting too much weigh on shorter term data, but the recent improvement is definitely a positive. It's always interesting to track share price performance over the longer term. But to understand Mammoth Energy Services better, we need to consider many other factors. To that end, you should learn about the 3 warning signs we've spotted with Mammoth Energy Services (including 1 which doesn't sit too well with us) .

Of course Mammoth Energy Services may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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