ProPetro Hld

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. It operates through the following segments: Hydraulic Fracturing, Cementing, Coil Tubing, Flowback, and Drilling. The Hydraulic Fracturing segment intends to optimize hydrocarbon flow paths during the completion phase of horizontal shale wellbores. The Cementing segment provides isolation between fluid zones behind the casing to minimize potential damage to hydrocarbon bearing formations or the integrity of freshwater aquifers and provides structural integrity for the casing by securing it to the earth. The Coil Tubing segment involves injecting coiled tubing into wells to perform various completion well intervention operations. The Flowback segment consists of production testing, solids control, hydrostatic testing and torque services. The company was founded by Dale Redman and Jeffrey David Smith in 2005 and is headquartered in Midland, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ProPetro reports robust 2022 performance and strategic growth initiatives

ProPetro's strong financial performance in 2022 and positive outlook for 2023 underscore their growth trajectory and commitment to shareholder value. The company's strategic focus on fleet transition, sustainability, and acquisitions aligns with industry trends and positions them for success. Challenges in fleet transformation and lease obligations require careful management, but opportunities in expanding services and enhancing shareholder returns offer promising prospects.

ProPetro reports robust Q1 earnings, accelerates shift to sustainable fleets

ProPetro's Q1 performance reflects strong revenue growth, operational efficiency, and strategic initiatives to transition to natural gas and electric-powered fleets.
With a focus on market positioning, industrialization, and sustainability, ProPetro is well-positioned to navigate industry challenges and capitalize on growth opportunities.
Challenges in fleet transitions, CapEx management, and industry dynamics require proactive planning and execution to sustain ProPetro's competitive edge and drive long-term success.
Opportunities in sustainable energy solutions, supply chain optimization, and operational excellence present avenues for ProPetro to enhance value creation and stakeholder returns.

ProPetro reports robust Q2 earnings, bullish on growth prospects

ProPetro's Q2 performance reflects resilience amidst market challenges, with a focus on financial strength, strategic investments, and operational efficiency. The company's confidence in delivering strong financial results and its bullish outlook on growth underscore its commitment to creating long-term value for stakeholders.

ProPetro reports robust Q3 earnings, eyes strategic investments for growth

ProPetro's Q3 performance reflects financial strength and strategic investments for future growth. While challenges exist in Q4 due to industry dynamics, the company's focus on shareholder value, balance sheet strength, and long-term opportunities signal resilience and potential. ProPetro's proactive approach to capital allocation and strategic acquisitions underscores its commitment to sustainable growth.

ProPetro reports strong Q4 performance, eyes growth through fleet optimization

ProPetro's Q4 2023 performance reflects solid financial results and strategic initiatives to drive growth and enhance shareholder value.
While facing challenges in cost savings and operational efficiency, the company remains optimistic about future opportunities and market expansion.
Investors should monitor ProPetro's progress in optimizing costs, deploying new fleets, and achieving operational milestones for long-term value creation.

ProPetro excels in Q1 2024, poised for growth in energy sector

ProPetro's Q1 2024 performance reflects strong financial growth and operational resilience, underpinned by strategic initiatives and a focus on next-gen technologies. While facing challenges in certain operational aspects, the company is well-positioned to capitalize on opportunities in the evolving energy landscape.

ProPetro reports Q2 loss, focuses on cash flow and electric fleet growth

ProPetro's Q2 performance reflects a mixed financial outcome with a net loss and decreased adjusted EBITDA, but strong free cash flow generation and strategic investments in electric fleet offerings. Despite challenges, the company's strong cash position, reduced capital expenditure guidance, and confidence in their strategy signal opportunities for growth and improved profitability in the future.

ProPetro reports resilient Q3 results, focuses on electric fleet transition

ProPetro's Q3 performance reflects resilience and strategic focus on cash flow generation and operational efficiency. Challenges in wireline business and pricing competition are being addressed through cost reduction efforts. The company's transition to electric fleets and commitment to excellence position it well for future growth and value creation.

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ProPetro (PUMP) delivered earnings and revenue surprises of -1,900% and 0.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

ProPetro Holding (PUMP) Reports Q4 Loss, Tops Revenue Estimates

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Reports Financial Results for the Fourth Quarter of 2021

ProPetro Reports Financial Results for the Fourth Quarter of 2021

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Executive Chairman's Continued Transition

ProPetro Announces Executive Chairman's Continued Transition

ProPetro (PUMP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ProPetro Holding (PUMP) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Fourth Quarter 2021 Earnings Call

ProPetro Announces Fourth Quarter 2021 Earnings Call

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Week 3 MDA Breakout Stocks - January 2022: Short-Term Picks To Give You An Edge

Increased energy price and rising activity can lead to higher demand for frac fleets in the medium-term in 2022. As utilization and pricing improve, the company has invested heavily into converting Tier II pumps to Tier IV DGB (dynamic gas blending) pumps.

ProPetro Holding: A Fleet Upgrade Should Pay In The Medium Term

ProPetro (PUMP) reported earnings 30 days ago. What's next for the stock?

Why Is ProPetro (PUMP) Down 15.8% Since Last Earnings Report?

ProPetro's (PUMP) pressure pumping division makes up 98.2% of its top line in the third quarter.

ProPetro (PUMP) Stock Down 14.2% Since Wider Loss Posted for Q3

The U.S. Securities and Exchange Commission said on Monday Texas-based oilfield services company ProPetro Holding Corp and its founder and former CEO Dale Redman have agreed to settle charges for failing to properly disclose some of Redman's executive perks and two stock pledges.

ProPetro, U.S. SEC settle charges on ex-CEO's undisclosed perks

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Settlement of Previously Disclosed  Securities and Exchange Commission Matter

ProPetro Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter

The U.S. Securities and Exchange Commission (SEC) on Monday said Texas-based oilfield services company ProPetro Holding Corp and its founder and former chief executive officer have agreed to settle charges they failed to properly disclose some of his executive perks and two stock pledges.

U.S. SEC charges oilfield services firm, former executive with disclosure failures - statement

ProPetro Holding's (PUMP) CEO Sam Sledge on Q3 2021 Results - Earnings Call Transcript

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Reports Financial Results for the Third Quarter of 2021

CORRECTING and REPLACING ProPetro Reports Financial Results for the Third Quarter of 2021

ProPetro (PUMP) delivered earnings and revenue surprises of -66.67% and 9.99%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

ProPetro Holding (PUMP) Reports Q3 Loss, Tops Revenue Estimates

ProPetro Reports Financial Results for the Third Quarter of 2021

Will ProPetro Holding (PUMP) Report Negative Earnings Next Week? What You Should Know

ProPetro (PUMP) now anticipates incurred capital expenditures for the ongoing year to be around $145-$160 million.

ProPetro (PUMP) Orders 50 Tier IV DGB Pumping Unit for $74M

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Third Quarter 2021 Earnings Call

ProPetro Announces Third Quarter 2021 Earnings Call

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Pricing Improvements and Additional Dual-Gas Lower Emissions Conversions

ProPetro Announces Pricing Improvements and Additional Dual-Gas Lower Emissions Conversions

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PUMP is likely to keep frac fleet count nearly unchanged in Q3 as it exercises discipline in deploying assets.

ProPetro Holding: Gradually Moving Towards A Peak

ProPetro (PUMP) Up 12.2% Since Last Earnings Report: Can It Continue?

ProPetro's (PUMP) pressure pumping division makes up 98.4% of the company's top line in the second quarter.

ProPetro (PUMP) Stock Down 11.8% Since Wider Loss Posted for Q2

ProPetro Holding Corp. PUMP) CEO Phillip Gobe on Q2 2021 Results - Earnings Call Transcript

News for ProPetro Hld Stock (PUMP)