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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

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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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Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June and as Wall Street rallied.

Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally

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

ProPetro (PUMP) Down 14.3% Since Last Earnings Report: Can It Rebound?

The American Petroleum Institute reported late Tuesday that U.S. crude supplies climbed by nearly 3.6 million barrels for the week ended May 31, according to sources.

Oil prices fall as sources say API reports weekly gains in U.S. crude and product stocks

Oil prices fell more than 1% on Monday to extend losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand as trade wars fanned fears of a slowdown in the global economy.

Oil prices extend drop as trade wars stoke global economic fears

The Energy Information Administration on Thursday reported that U.S. crude supplies edged lower by 300,000 barrels for the week ended May 24.

Oil prices fall as EIA reports a smaller-than-expected decline in U.S. crude supply

ProPetro’s pressure pumping asset acquisition from PXD has boosted its asset base and provided a 10-year service agreement with PXD.

ProPetro Can Offer Value At The Current Dip

After crude oil's worst week of 2019, top technical analyst Louise Yamada sees the stage set for further declines.

Crude could drop to $52 as global pressures persist, says top technical analyst

Oil prices rose more than 1% on Monday, supported by Middle East tensions and OPEC-led supply cuts as well as continued crude disruptions from Russia after a contamination problem discovered last month.

Oil up more than 1% on Mideast tensions and supply cuts

Oil prices advanced on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but international benchmark Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China.

Oil prices rise amid OPEC supply cuts, but trade worries weigh

Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week.

Oil recovers, but set for biggest weekly loss of 2019

ProPetro Holding's (PUMP) adjusted EBITDA in the first quarter amounted to $150.3 million, increasing substantially from $76.7 million a year ago.

ProPetro (PUMP) Q1 Earnings Top, to Buy Electric Frack Units

ProPetro Holding Corp. (PUMP) CEO Dale Redman on Q1 2019 Results - Earnings Call Transcript

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PUMP vs. CLB: Which Stock Is the Better Value Option?

PUMP vs. CLB: Which Stock Should Value Investors Buy Now?

ProPetro (PUMP) possesses 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) Earnings Expected to Grow: Should You Buy?

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The U.S. announced Monday that it won't grant extensions to China and India, the top two importers of Iranian oil, when the  Iran sanction waivers expire in May.

Crude Oil Prices Rise As Trump Administration Ends Iran Sanction Waivers

Eight nations will be allowed to import oil from Iran under new U.S. section rules against the country, but waivers will end for all others.

Oil Rises After Washington Post Reports Iran Oil Sanctions To Tighten

Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club OPEC.

Oil prices rise on decline in US drilling activity, OPEC supply cuts

Washington’s rising energy independence means less oil imports from the near neighborhood.

U.S. Will Import Less Latin American Oil No Matter What Happens To Venezuela

A black swan event could soon be surfacing in energy markets, industry experts have told CNBC.

Here are the top risk events facing global oil markets

Oil prices edged down on Thursday despite a surprise decline in U.S. inventories, with international benchmark Brent retreating from a five-month high touched in the previous session.

Oil prices extend losses despite surprise drop in US inventories

Oil prices were at 2019 highs early Wednesday on positive demand signals from China, but a possible fourth straight week of increasing U.S. oil stockpiles could put pressure on gains.

Oil Prices Hit 2019 Highs But U.S. Inventories Expected To Grow Again

Oil prices slipped on Tuesday after a Russian minister said the nation and the Organization of the Petroleum Exporting Countries may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production.

Oil extends losses into second session; Russia, OPEC output in focus

The Organization of the Petroleum Exporting Countries (OPEC) and its allies meet in June to decide whether to continue withholding supply.

News for ProPetro Hld Stock (PUMP)