Mammoth Energy Services Sells Aquawolf Subsidiary to Qualus for $30 Million

Reuters12-03

Mammoth Energy Services Sells Aquawolf Subsidiary to Qualus for $30 Million

Mammoth Energy Services, Inc. has completed the sale of all equity interests in its wholly owned subsidiary, Aquawolf LLC, to Qualus, LLC for a total of $30.0 million. Aquawolf's revenue increased from $12.1 million in 2022 to $17.3 million in 2024, with net income rising from $1.1 million to $1.8 million over the same period. For the nine months ended September 30, 2025, Aquawolf generated $12.0 million in revenue and $1.3 million in net income. The transaction supports Mammoth's ongoing efforts to transform and optimize its business portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mammoth Energy Services Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA36431) on December 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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