ProPetro Holding Corp.
11.10+3.80 (+52.1%)
Oct 29, 4:00:02 PM EDT · NYSE · PUMP · USD
Key Stats
Market Cap
1.15BP/E (TTM)
-Basic EPS (TTM)
-1.44Dividend Yield
0%Recent Filings
8-K
10-Q
Q2 FY2025 results
ProPetro's Q2 revenue fell 8.6% year-over-year to $326.2M, driven by softer pricing and activity in hydraulic fracturing, though the AquaProp acquisition added $17.4M from wet sand services; wireline dipped 2.5% to $48.0M while cementing dropped 10.6% to $32.4M after selling its Utah unit. Gross margins held steady at 22.4%, but operating loss widened to $3.2M from $0.5M amid higher asset disposals, yielding a net loss of $7.2M or $0.07 per diluted share on 103.9M shares. Free cash flow turned positive at $30.9M, up from negative $107.9M (derived), with cash climbing to $74.8M and $103.3M revolver availability against $63.9M total debt. The AquaProp deal closed May 2024 for $35.8M (cash/deferred/contingent), recognizing $0.9M goodwill and $22.1M finite-lived intangibles over 6-15 years. Yet tariffs threaten supply chain costs.
8-K
Q2 revenue dips, PROPWR advances
ProPetro Holding Corp. reported Q2 2025 revenue of $326 million, down 9% from Q1 amid Permian Basin challenges like tariffs and OPEC+ production hikes that idled frac fleets to around 70. Yet, the completions business churned out $26 million in free cash flow, while securing a landmark 10-year, 80-megawatt PROPWR contract with a top E&P operator. PROPWR's 220 megawatts on order signal diversification. Cash flow endures.
8-K
CFO Appointment at ProPetro
ProPetro Holding Corp. appointed Caleb L. Weatherl as Chief Financial Officer effective July 14, 2025, bringing his decade-plus energy finance expertise from roles at Garrison Energy and Stronghold Energy II. He steps in with a $525,000 base salary, 90% target bonus, and 200,964 equity units, while Celina A. Davila transitions to Chief Accounting Officer after the Q2 10-Q filing. Weatherl's Midland roots align with ProPetro's operations. Leadership bolsters financial strategy amid energy volatility.
8-K
LTIP shares increased to 10.5M
ProPetro Holding Corp. stockholders approved the Second Amended and Restated 2020 Long Term Incentive Plan at the May 20, 2025 annual meeting, boosting available shares by 2,470,000 to 10,520,000 and extending the plan to 2035. This equips the company to better attract and retain talent through equity awards like options and restricted stock. All nine director nominees were elected; executive pay won advisory approval for annual votes. The plan strengthens alignment with shareholders.
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