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    Alex Selhofer

    Research Analyst at Stifel Financial Corp.

    Alex Selhofer serves as a Vice President and Equity Research Analyst at Stifel Financial Corp., focusing on financial services and fintech companies. He covers firms including Western Union, MoneyGram, PayPal, and other key players in the payments and money transfer sector, with a track record highlighted by positive recognition on platforms such as TipRanks for accuracy and return on recommendations. Since joining Stifel in 2017, Selhofer has worked his way up the ranks, leveraging previous roles at BB&T Capital Markets and SunTrust Robinson Humphrey to deepen his research specialization. He holds FINRA Series 7, 63, 86, and 87 licenses, underpinning his analytical work and industry credibility.

    Alex Selhofer's questions to ProPetro Holding (PUMP) leadership

    Alex Selhofer's questions to ProPetro Holding (PUMP) leadership • Q1 2025

    Question

    Alex Selhofer from Stifel Financial Corp. asked for an update on pressure pumping pricing dynamics, specifically the difference between spot and contract markets. He also questioned the capital allocation framework, focusing on how ProPetro weighs funding the Pro Power business against share buybacks.

    Answer

    CEO Sam Sledge responded that contracted pricing for high-quality assets remains steady, while the spot market is more fluid, with some competitors offering unsustainable prices that ProPetro avoids. On capital allocation, Sledge prioritized the Pro Power and FORCE e-fleet offerings due to their highly certain, contracted returns, but affirmed the company will maintain flexibility to pursue M&A and buybacks while protecting its balance sheet.

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