Mammoth Sand Volumes Decrease, Prices Rise

Mammoth Energy Services Inc of Oklahoma City, OK reports that its natural sand proppant services division contributed first quarter revenue of US$8.7 million, a decrease of 15% from the same period of 2020. The company sold approximately 171,000 tons of sand during the latest quarter, a decrease of 28% from the 239,000 tons sold in the first quarter of 2020.

The company’s average sales price for sand sold in this year’s first quarter was US$16.83/ton versus US$13.67/ton in the first quarter of 2020.

Volume 35, Issue 08

Leave a Reply