The annual meeting of stockholders in Mammoth Energy will be held in June.
A filing with the Securities and Exchange Commission indicated the meeting will be held at 14201 Caliber Drive Suite 300, Oklahoma City, OK 73134 on Wednesday, June 11, 2025, at 10:00 a.m.
The company’s proxy filing indicated that stockholders will be asked to elect four directors to serve until Mammoth’s 2026 annual meeting of stockholders. A vote will also be held on the company’s executive compensation.
Stockholders will be asked to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The last item to be decided is to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.
The candidates to be directors of the board include current chairman, Arthur Amron, along with Corey Booker,Paul Jacobi and James Palm.
Amron has served as a director of the Company since January 2019 and as the Chairman of the Board since June 2019. Since January 1, 2024, he has been a Special Limited Partner of Wexford Capital LP, an SEC-registered investment advisor. Until December 31, 2023, Amron was a Partner and the General Counsel of Wexford.
Dr. Corey Booker has served as a director of the Company since August 2020. He is the founder, and since November 2012 has served as the Chief Executive Officer, of Bedside LLC (formerly OnPulse, LLC), a healthcare management services company designed to improve patient health through advocacy, care coordination, communication and increased patient health literacy.
Jacobi has served as a director of the Company since July 2020. Since 1996, he has served in various positions at Wexford, and is currently a managing director responsible for Wexford’s private equity energy investments. From 1995 to 1996, Jacobi worked for Moody’s Investors Services as an analyst covering the investment banking and asset management industries. From 1993 to 1995, he was employed by Kidder Peabody & Co. as a senior financial analyst in the investment banking group.
Palm has served as a director of the Company since June 2017. He served as a director of Gulfport Energy Corporation, or Gulfport, from February 2006 and as Chief Executive Officer of Gulfport from December 2005, in each case until his retirement in February 2014. Prior to joining Gulfport, Palm pursued oil and gas investments primarily in Oklahoma, the Texas Panhandle and Kansas as the manager and owner of Crescent Exploration, LLC, a company he founded in 1995. He was previously a long-term member of the Industry Advisory Committee of the Oklahoma Corporation Commission. From October 2001 through October 2003, Palm served as the Chairman of the Oklahoma Energy Resources Board. From 1997 through 1999, he served as the President of the Oklahoma Independent Petroleum Association.
The company’s executive leaders include: Arty Straehla, Former Chief Executive Officer and Director; Phil Lancaster, the current CEO and Mark Layton, Chief Financial Officers and Secretary.
Straehla served as Chief Executive Officer and as a member of the board of directors since the formation in June 2016 until his retirement effective as of December 31, 2024.
Lancaster has served as Chief Executive Officer since January 1, 2025 and has over 20 years of experience in the energy industry. He served as the Vice President of Corporate Development of Mammoth from prior to becoming CEO.
Layton has served as Chief Financial Officer since June 3, 2016 and as Secretary since the firm’s IPO on October 14, 2016. He served as the Chief Financial Officer of the general partner of Mammoth Partners from August 2014 until October 2016.