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Mammoth Energy Services Inc C.TUSK


Primary Symbol: TUSK

Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling.


NDAQ:TUSK - Post by User

Post by givemeabreak1on Nov 30, 2020 12:05am
728 Views
Post# 31998437

Interesting Comment!

Interesting Comment!So one of my sons says to me the other day I will never be able to retire!   His comment was based on high debts and long term low interest rates we were discussing.  It does bring up an interesting subject how much money or assets do you need to retire today in Canada?  In the old day financial advisors would tell you the 4% or the 5% rule. In some are still spouting that nonsense!  It was a given any dum bass advisor could make 4 or 5% buying bonds.  But today you are looking at 1% so a 1 million dollar portfolio only brings in $10,000.  Needless to say that would not quite fully cover my bar so the nest egg would be dwinding on an annual basis.  So what do you think you will need to retire?????????  
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