Mammoth Energy Services(US:TUSK)2021-02-26 22:18Financial Performance - 4Q 2020 revenues were approximately $85 million, with a net loss of approximately $12 million and adjusted EBITDA of approximately $8 million[7] - Approximately 66% of the revenue in 4Q 2020 was generated from the infrastructure segment[7, 48] - The company's capex for the period was approximately $1 million[7] - Operating cash flows were approximately $5 million[7] Infrastructure Segment - Infrastructure revenues increased significantly, reaching $55.9 million in 4Q 2020[32] - Infrastructure EBITDA has stabilized and commenced a growth trajectory[31] - Approximately 50% of the company's 2020 revenue was generated from the Infrastructure segment[48] Oil Field Services - The company has a fully integrated oil field service capability, including pressure pumping fleets and sand mines[40] Strategy and Outlook - The company is focused on identifying growth opportunities and integrating them into its culture[41, 42] - The company's 2021 capex budget is approximately $9 million, with allocations for well completions, infrastructure, and other projects[54] - Utilities are investing heavily in the electrical grid, driving growth in the infrastructure sector[33]