Mammoth Energy Services Sells Aquawolf Subsidiary to Qualus for $30 Million
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.
Mammoth Energy Services, Inc. has completed the sale of all equity interests in its wholly owned subsidiary, Aquawolf LLC, to Qualus, LLC for a total of $30.0 million. Aquawolf’s revenue increased from $12.1 million in 2022 to $17.3 million in 2024, with net income rising from $1.1 million to $1.8 million over the same period. For the nine months ended September 30, 2025, Aquawolf generated $12.0 million in revenue and $1.3 million in net income. The transaction supports Mammoth’s ongoing efforts to transform and optimize its business portfolio. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mammoth Energy Services Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA36431) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
