Is MAMMOTH ENERGY SERVICES, INC. (TUSK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 17.7% / 30% | 59.7% / 30% | 77.3% / 30% | 32.25% / 5% | ✗ NOT HALAL |
| DJIM | 17.7% / 33% | 59.7% / 33% | 77.3% / 33% | 32.25% / 5% | ✗ NOT HALAL |
| MSCI | 4.7% / 33% | 15.9% / 33% | 20.6% / 33% | 32.25% / 5% | ✗ NOT HALAL |
| S&P | 17.7% / 33% | 59.7% / 33% | 77.3% / 33% | 32.25% / 5% | ✗ NOT HALAL |
| FTSE | 4.7% / 33% | 15.9% / 33% | 20.6% / 50% | 32.25% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 3.9% | |
| Operating Margin | 446.3% | |
| Net Margin | 10.4% | |
| Return on Equity (ROE) | -24.9% | |
| Return on Assets (ROA) | -4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $181M |
| Free Cash Flow | $164M |
| Total Debt | $18M |
| Debt-to-Equity | 2.1 |
| Current Ratio | 2.5 |
| Total Assets | $384M |
Price & Trading
| Last Close | $2.62 |
| 50-Day MA | $2.31 |
| 200-Day MA | $2.29 |
| Avg Volume | 241K |
| Beta | 1.0 |
|
52-Week Range
$1.68
| |
About MAMMOTH ENERGY SERVICES, INC. (TUSK)
Mammoth Energy Services, Inc. operates as an energy services company in the United States, Canada, and internationally. It operates in four segments: Well Completion Services, Infrastructure Services, and Natural Sand Proppant Services. The company offers hydraulic fracturing, sand hauling, water transfer, master services agreements. It also provides services on electric transmission and distribution, networks and substation facilities, such as engineering, design, construction, upgrade, maintenance, and repair of high voltage transmission line, substation and lower voltage overhead, and underground distribution systems; installs, maintains, and repair of commercial wiring; and storm repair and restoration services. In addition, the company mines, processes, and sells natural sand proppant; buys processed sand from suppliers on the spot market for resale; and provides logistics solutions to facilitate delivery of frac sand products. Further, it provides directional drilling services for drilling and production of oil and natural gas from unconventional resource play; leasing helicopters, and helicopter training and response services; equipment rentals consist of cranes, light plants, generators, and other oilfield related equipment; remote accommodation; coil tubing, pressure control, flowback, crude oil hauling, cementing, and acidizing services; production testing, solids control, hydrostatic testing, and torque services; contract drilling; rig moving; coil tubing; pressure control services, including nitrogen and fluid pumping services; and full service transportation. It serves government-funded, private, public investor-owned, and co-operative utilities; independent oil and natural gas producers; and land-based drilling contractors. The company was formerly known as Mammoth Energy Partners LP and changed its name to Mammoth Energy Services, Inc. in October 2016. Mammoth Energy Services, Inc. was founded in 2014 and is headquartered in Oklahoma City, Oklahoma.
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Frequently Asked Questions
Is MAMMOTH ENERGY SERVICES, INC. (TUSK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MAMMOTH ENERGY SERVICES, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MAMMOTH ENERGY SERVICES, INC.'s debt ratio?
MAMMOTH ENERGY SERVICES, INC.'s debt ratio is 17.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 4.7%.
What are MAMMOTH ENERGY SERVICES, INC.'s key financial metrics?
MAMMOTH ENERGY SERVICES, INC. has a market capitalization of $138M, and revenue of $188M. The company maintains a gross margin of 3.9% and a net margin of 10.4%. Return on equity stands at -24.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.