mammoth energy services reported thirdquarter results thursday the company expects continued strong demand in its three largest divisions arty straehla chief executive of mammoth said our businesses exhibited strong performance in the third quarter with substantial revenue growth in all of our segments yearoveryear leading to significant net income and adjusted ebitda growth we continue to experience strong demand environments across our three largest segments infrastructure services well completion services and our sand business in our infrastructure services division operational improvements are driving enhanced results and we continue to add crew capacity for a sector that has a healthy bidding environment he said the need for seasonal storm restoration services as well as the overall infrastructure project opportunities supported by the historic investment in our nations infrastructure passed by the federal government last fall present continued prospects for growth in this business our well completion services division continues to improve performance generating strong growth both at the top and bottom line where the macro demand in the pressure pumping industry remains robust he said we currently have four of our six pressure pumping spreads operating which have full schedules through the end of the year and we expect to add a fifth spread during the fourth quarter we anticipate activating our sixth fleet in the first half of 2023 the sand business also continues to maintain strong demand at increased prices we believe this trend in sand demand will continue in the fourth quarter and into 2023 mammoth anticipates that its total capital expenditures for 2022 will be approximately 200 million which it expects to fund from cash flow from operations cash on hand and borrowings under its revolving credit facility