Wexford Capital: Joseph Jacobs, Charles Davidson, Private Equity, Energy and Real Estate Investments

1. Mammoth Energy Services Inc (NASDAQ:TUSK)

In Mammoth Energy Services Inc (NASDAQ:TUSK), Wexford Capital raised its stake by 22% to 25.01 million shares worth $465.22 million during the second quarter. Mammoth Energy Services Inc (NASDAQ:TUSK) went public in October 2016, and Wexford was involved in the IPO as the manager of Mammoth Energy Holdings, the largest selling stockholder. Since the IPO, the company’s stock has inched down by nearly 4%. For the second quarter, Mammoth Energy Services Inc (NASDAQ:TUSK), an integrated oilfield service company, posted a net loss of $0.03 per share, better than the expected loss of $0.07, while its revenue of $98.30 million advanced by 42.1% on the year and topped the consensus estimate by $5.43 million. There were seven funds in our database long Mammoth Energy Services Inc (NASDAQ:TUSK) at the end of June; the total value of their holdings amounted to $478.85 million and represented 57.80% of the company’s outstanding stock.

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