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

Reuters
2025.12.02 21:30
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Mammoth Energy Services sold its subsidiary, Aquawolf LLC, to Qualus, LLC for $30 million. Aquawolf's revenue grew from $12.1 million in 2022 to $17.3 million in 2024, with net income rising from $1.1 million to $1.8 million. The sale aligns with Mammoth's strategy to optimize its business portfolio. The original content was published by Mammoth Energy Services via PR Newswire on December 02, 2025.