ProFrac Holding Corp

ProFrac Holding Corp. operates as a holding company with interest in manufacturing and distribution of fracturing units & pumps and provides related services. The company was founded on August 17, 2021 and is headquartered in Willow Park, TX.

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ProFrac Holding Corp reports robust Q4 performance and strategic growth

ProFrac Holding Corp's Q4 2022 earnings call highlighted strong financial performance, strategic focus on integration, and resilience in the market.
The company's emphasis on cash flow, fleet acquisitions, and customer preferences positions it well for future growth and profitability.
Management's commitment to operational efficiency and financial health underscores ProFrac's strategic direction and growth prospects.
Despite challenges in debt management and operational optimization, ProFrac Holding Corp remains optimistic about its market position and growth potential.

ProFrac Holding Corp (ACDC) reports robust Q1 earnings and outlines growth strategies

ProFrac Holding Corp (ACDC) delivered strong financial performance in Q1 2023, driven by revenue growth, operational efficiencies, and strategic initiatives. Despite challenges in the competitive landscape, the company is well-positioned to leverage opportunities for growth through technology adoption, market discipline, and capital optimization.

ProFrac reports robust Q2 earnings, eyes Proppant segment growth

ProFrac Holding Corp's Q2 2023 earnings call highlighted strong financial performance, strategic focus on growth segments, and optimism for industry conditions.
The company's emphasis on operational efficiency, debt reduction, and customer-centric strategies positions it well for future success and value creation.
While facing challenges in cost optimization and market uncertainties, ProFrac remains confident in its ability to drive EBITDA growth and deliver shareholder value.

ProFrac Holding Corp reports robust Q3 earnings and eyes LNG market growth

ProFrac Holding Corp's Q3 earnings call highlighted strong financial results, strategic adaptations for industry challenges, and a focus on generating free cash flow for deleveraging. With a positive outlook for LNG export demand and a commitment to gas markets, the company is well-positioned for growth.

ProFrac Holding Corp reports robust Q4 earnings and growth outlook

ProFrac Holding Corp's Q4 2023 performance reflects strong financial growth, strategic acquisitions, and a focus on operational efficiency and cost control
While facing challenges in certain segments, the company's overall resilience and commitment to restoring industry-leading operating costs position it for success in 2024
With opportunities in generating free cash flow, expanding revenue in key segments, and optimizing costs, ProFrac is poised for continued growth and value creation

ProFrac Holding Corp reports robust Q1 performance amidst market challenges

ProFrac Holding Corp's Q1 2024 performance showcased strong revenue and EBITDA figures, driven by cost control and operational efficiency.
While facing challenges in the Alpine segment, ProFrac's focus on customer experience and fleet expansion positions it well for future growth.
Opportunities lie in anticipated demand increase, market dynamics, and industry consolidation, which ProFrac can leverage for sustained success.

ProFrac Holding Corp excels in Q2, eyes growth through innovation

ProFrac Holding Corp delivered a strong Q2 performance driven by operational efficiency, market share gains, and strategic acquisitions.
Despite challenges in the Alpine segment, the company remains focused on innovation, cost management, and margin expansion to drive future growth.
With a solid financial foundation, a proactive approach to debt management, and a commitment to meeting customer demands, ProFrac is poised for continued success and market leadership.

ProFrac reports solid Q3 earnings, eyes growth in Texas markets

ProFrac Holding Corp's Q3 2024 performance reflects solid financial results, operational efficiency, and strategic investments in next-gen technology.
The company faces challenges in optimizing the Proppant Production segment but maintains a focus on cost management and operational excellence.
Opportunities lie in market recovery, strategic investments, and advancements in operational efficiency, positioning ProFrac for future growth.
Overall, ProFrac's proactive approach to market dynamics and commitment to innovation and financial stability bode well for its future prospects.

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WILLOW PARK, Texas , May 9, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its first quarter ended March 31, 2023. First Quarter 2023 Results and Recent Highlights Total revenue grew approximately 7% sequentially to $851.7 million over 2022 fourth quarter revenue   Net income declined approximately 48% sequentially to $59.8 million Adjusted EBITDA(1) excluding Flotek declined approximately 5% sequentially to $255.0 million Annualized Adjusted EBITDA per fleet(2) excluding Flotek was $25.1 million on 40.7 average active fleets during the quarter The Company did not adjust for approximately $20 million of costs related to the conversion, optimization and retirement of certain acquired assets and businesses; excluding these costs Annualized Adjusted EBITDA per fleet excluding Flotek would have been approximately $27 million First quarter results include the consolidation of Flotek results which contributed $49.2 million in revenue and a loss of ($7.9) million in Adjusted EBITDA Following the acquisition of Performance Proppants, ProFrac is the largest provider of in-basin sand in North America Matt Wilks, ProFrac's Executive Chairman, stated, "We are pleased to report that ProFrac delivered solid operational and financial results for the first quarter of 2023.

ProFrac Holding Corp. Reports First Quarter 2023 Financial and Operational Results

WILLOW PARK, Texas , April 26, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its 2023 first quarter financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Wednesday, May 10, 2023 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces First Quarter 2023 Earnings Release and Conference Call Schedule

CISCO, Texas , April 12, 2023 /PRNewswire/ -- The Wilks Family, the largest shareholder of ProFrac Holdings Corp. (NASDAQ: ACDC), today sent an open letter to shareholders:

The Wilks Family released the following open letter to shareholders of ProFrac Holdings Corp.

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ProFrac Holding Corp (NASDAQ:ACDC ) Q4 2022 Earnings Conference Call March 21, 2023 11:30 AM ET Company Participants Brian Wheatley - IR Matthew Wilks - Executive Chairman & President Ladd Wilks - CEO Lance Turner - CFO Conference Call Participants Stephen Gengaro - Stifel, Nicolaus & Company Saurabh Pant - Bank of America Merrill Lynch John Daniel - Daniel Energy Partners Donald Crist - Johnson Rice & Company Operator Greetings, and welcome to the ProFrac Holdings Corp. Fourth Quarter Earnings Conference Call. [Operator Instructions].

ProFrac Holding Corp (ACDC) Q4 2022 Earnings Call Transcript

WILLOW PARK, Texas , March 21, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its fourth quarter and full year ended December 31, 2022. Full Year 2022 Results Total revenue of $2.4 billion, up 216% year-over-year Net income totaled $342.7 million compared to a net loss of ($43.5) million in the previous year Adjusted EBITDA(1) excluding Flotek increased approximately 520% year-over-year to $835.5 million Adjusted EBITDA per active fleet(2) excluding Flotek was $27.9 million on 29.9 average active fleets during the year Full year results include the consolidation of Flotek results which contributed $37.1 million in revenue excluding intercompany eliminations, and ($24.3) million in Adjusted EBITDA Fourth Quarter 2022 Results and Recent Highlights Total revenue grew approximately 14% sequentially to $794.1 million over 2022 third quarter revenue   Net income declined approximately 17% sequentially to $116 million Adjusted EBITDA(1) excluding Flotek increased approximately 2% sequentially to $269.2 million Annualized Adjusted EBITDA per fleet(2) excluding Flotek was $29.9 million on 36 average active fleets during the quarter Fourth quarter results include the consolidation of Flotek results which contributed $15.9 million in revenue excluding intercompany eliminations, and ($5.8) million in Adjusted EBITDA In the fourth quarter of 2022, the Company successfully closed on its acquisitions of US Well Services, the Eagle Ford sand mining operations of Monarch Silica, and Rev Energy Holdings In the first quarter of 2023, the Company upsized the term loan credit facility by $320 million and closed on its acquisitions of Producers Service Holdings and Performance Proppants Matt Wilks, ProFrac's Executive Chairman, stated, "I am extremely pleased with our company's commitment and hard work that continues to generate improved operational efficiencies and financial growth as we scale the business.

ProFrac Holding Corp. Reports 2022 Fourth Quarter and Full Year Financial and Operational Results

Market doldrums have taken ProFrac Holding Corp. nearly 50% off of its recent highs. It may go lower still in the current environment, but we think the worst is behind ACDC. The fundamentals of ACDC are very strong, and when the oil begins a recovery, shares of the company will surge.

ProFrac Holding: For Those About To Frac

WILLOW PARK, Texas , March 7, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its 2022 fourth quarter financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Tuesday, March 21, 2023 at 11:30 a.m. Eastern / 10:30 a.m.

ProFrac Holding Corp. Announces Fourth Quarter 2022 Earnings Release and Conference Call Schedule

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WILLOW PARK, Texas , Feb. 27, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it has successfully completed its acquisition of Performance Proppants, making it the largest in-basin proppant producer serving the Haynesville. ProFrac acquired Performance Proppants for approximately $475 million, consisting of $469 million in cash and the remainder in shares of ProFrac Class A common stock.

ProFrac Holding Corp. Completes Acquisition of Performance Proppants and Upsize of ABL Credit Facility

Energy stocks have underperformed the broad market in the last two months as growth has returned to favor in 2023. Recession worries continue to permeate, and some cyclical stocks could see downside if the macro picture worsens.

ProFrac: Attractive Valuations, Recession Risks Appear Priced In

IPO stock of the week, energy leader ProFrac, is nearing a fresh buy point, as the stock market rally continues. The post IPO Stock Of The Week: Energy Leader ProFrac Regains Key Level, Nears New Buy Point appeared first on Investor's Business Daily.

IPO Stock Of The Week: Energy Leader ProFrac Regains Key Level, Nears New Buy Point

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WILLOW PARK, Texas , Jan. 3, 2023 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") today reported that it has closed on its previously-announced acquisition of REV Energy Holdings, LLC ("REV"), a privately owned pressure pumping service provider with operations in the Rockies and Eagle Ford.  ProFrac acquired REV for $140 million, consisting of $70 million in ProFrac Class B common shares, approximately $39 million in seller-provided financing, and the balance with cash on hand and debt assumption of approximately $5.5 million.

ProFrac Holding Corp. Completes Acquisition of REV Energy Holdings, LLC and Producers Services Holdings LLC, Adding Six Frac Fleets

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Despite a struggling IPO market in 2022, Harmony Biosciences and ProFrac are holding up well in the ongoing stock market correction. The post IPO Stock Leaders Harmony, ProFrac Outperform Despite Tough 2022 Market appeared first on Investor's Business Daily.

IPO Stock Leaders Harmony, ProFrac Outperform Despite Tough 2022 Market

Completed its Monarch Silica Sand Mine Acquisition in the Eagle Ford Continues to Execute on its Strategic Growth Plan WILLOW PARK, Texas , Dec. 27, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") today reported that it has closed its previously-announced acquisition of the Eagle Ford sand mining operations of Monarch Silica, LLC ("Monarch"), and announced that it has entered into definitive agreements to acquire two companies that will grow its pressure pumping footprint and sand mine portfolio.  ProFrac continues its "Acquire, Retire, Replace" strategy with the acquisition of a high-quality, Rockies-focused pressure pumper.

ProFrac Holding Corp. to Acquire Two Companies Expanding its Pressure Pumping Footprint and Sand Mine Portfolio

WILLOW PARK, Texas , Dec. 5, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") today announced that it has entered into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica, LLC ("Monarch").  The transaction is expected to close by the end of 2022.

ProFrac Holding Corp. To Acquire Eagle Ford Sand Mine

The average of price targets set by Wall Street analysts indicates a potential upside of 25.6% in ProFrac Holding Corp. (ACDC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think ProFrac Holding Corp. (ACDC) Could Surge 26%: Read This Before Placing a Bet

ProFrac Holding Corp. (NASDAQ:ACDC ) Q3 2022 Earnings Conference Call November 11, 2022 11:00 AM ET Company Participants Rick Black - IR Matt Wilks - Executive Chairman Ladd Wilks - CEO Lance Turner - CFO Coy Randle - COO Conference Call Participants Stephen Gengaro - Stifel Dan Kutz - Morgan Stanley Don Crist - Johnson Rice Saurabh Pant - Bank of America Operator Greetings and welcome to the ProFrac Holding Corp's 2022 Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

ProFrac Holding Corp. (ACDC) Q3 2022 Earnings Call Transcript

WILLOW PARK, Texas , Nov. 10, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", "ACDC," or the "Company") today announced financial and operational results for its third quarter ended September 30, 2022. Third Quarter 2022 Results and Recent Highlights Total revenue grew approximately 18% sequentially to $696.7 million over 2022 second quarter revenue,   Net income rose approximately 105% sequentially to $143.4 million Adjusted EBITDA(1) excluding Flotek increased approximately 23% sequentially to $267.2 million Annualized Adjusted EBITDA per fleet(2) excluding Flotek was $34.5 million on 31 average active fleets during the quarter Third quarter results include the consolidation of Flotek results which contributed $46.9 million in revenue and ($11.1) million in Adjusted EBITDA Subsequent to the third quarter, the Company closed on its acquisition of U.S. Well Services ("USWS") on November 1, 2022 Matt Wilks, ProFrac's Executive Chairman, stated, "We are proud to report that we grew sequential revenue by 18% and drove sequential Adjusted EBITDA up 23% in the third quarter.

ProFrac Holding Corp. Reports 2022 Third Quarter Financial and Operational Results

IPO stock leader ProFrac is breaking out past a new buy point this week despite the ongoing stock market volatility. The post IPO Stock Of The Week: Energy Leader Breaks Out Past Buy Point appeared first on Investor's Business Daily.

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