Sign in

You're signed outSign in or to get full access.

ProPetro Holding (PUMP)

--

Earnings summaries and quarterly performance for ProPetro Holding.

Recent press releases and 8-K filings for PUMP.

ProPetro Holding Corp. Announces Pricing of Upsized Public Offering
PUMP
New Projects/Investments
  • ProPetro Holding Corp. priced an upsized public offering of 15,000,000 shares of common stock at $10.00 per share, an increase of 2,500,000 shares from the initial proposal.
  • The underwriters fully exercised their option to purchase an additional 2,250,000 shares.
  • The company expects to receive total net proceeds of approximately $163.3 million (calculated as $141.9 million from the initial offering plus $21.4 million from the option exercise).
  • These proceeds will be used for general corporate purposes, including funding growth capital for additional power generation equipment.
Jan 28, 2026, 12:02 PM
ProPetro Holding Corp. Announces Pricing of Upsized Public Offering
PUMP
New Projects/Investments
  • ProPetro Holding Corp. (PUMP) announced the pricing of an upsized public offering of 15,000,000 shares of common stock at $10.00 per share.
  • The offering was upsized by 2,500,000 shares from the originally proposed 12,500,000 shares.
  • The company intends to use the net proceeds for general corporate purposes, including funding growth capital for additional power generation equipment.
  • The offering is expected to close on January 28, 2026.
Jan 27, 2026, 6:08 AM
ProPetro Holding Corp. Announces Public Offering and Provides Preliminary Q4 and FY 2025 Results
PUMP
New Projects/Investments
Guidance Update
  • ProPetro Holding Corp. announced an underwritten public offering of 12,500,000 shares of its common stock, with an option for underwriters to purchase up to an additional 1,875,000 shares.
  • The net proceeds from the offering are intended for general corporate purposes, including funding growth capital for additional power generation equipment.
  • The company provided preliminary estimated revenue for Q4 2025 ranging from $289 million to $291 million and for FY 2025 from $1,269 million to $1,271 million.
  • As of December 31, 2025, ProPetro reported approximately $91 million in cash and cash equivalents.
  • Its PROPWR business, which deployed its first assets in Q3 2025, had a total committed capacity of approximately 230 MW and total delivered or on-order generation capacity of approximately 550 MW as of January 26, 2026.
Jan 26, 2026, 9:19 PM
ProPetro Announces Public Offering to Fund PROPWR Growth
PUMP
New Projects/Investments
  • ProPetro (NYSE: PUMP) launched an underwritten public offering of 12.5 million shares, with an option for 1.875 million additional shares, priced at $10.00 per share for a 15 million-share placement, to fund general corporate purposes including growth capital for its PROPWR power generation business.
  • The PROPWR business is expanding rapidly, with approximately 230 MW of committed multi-year capacity and roughly 550 MW delivered or on order as of January 26, 2026.
  • Analyst reactions are mixed, with Barclays raising its target to $11 (Equal Weight) and JPMorgan upgrading to Overweight with a $13 target.
  • Despite positive PROPWR guidance, independent signals classify PUMP as Neutral/Hold due to weak profitability, a negative P/E, and margin pressures, with a negative EPS of -0.17 and net margin of -1.31%.
Jan 26, 2026, 9:16 PM
ProPetro Holding Corp. Amends Credit Agreement and Secures Equipment Financing
PUMP
Debt Issuance
New Projects/Investments
  • ProPetro Holding Corp. amended its credit agreement on December 26, 2025, increasing the debt basket for capital leases, purchase money debt, and similar financing facilities to $425 million.
  • On December 29, 2025, its wholly owned subsidiary, ProPetro Energy Solutions, LLC, entered into an agreement with Stonebriar Commercial Finance LLC to fund up to $350 million for power generator equipment purchases.
  • The Stonebriar funding agreement specifies a monthly rent based on 1-Month SOFR plus 6.25% per annum, with a lease term of 84 months for each item of equipment.
Dec 30, 2025, 9:19 PM
ProPetro's PROPWR Division Secures Contract and Updates Capital Expenditure Guidance
PUMP
New Projects/Investments
Guidance Update
Debt Issuance
  • ProPetro's PROPWR division secured a contract with a subsidiary of Coterra Energy Inc. to provide turnkey power for distributed microgrids in the New Mexico Permian Basin, with deployment scheduled to begin in Q1 2026.
  • This contract increases PROPWR's committed capacity to over 220 megawatts, with a weighted average contract tenor of approximately five years.
  • PROPWR placed orders for an additional 190 megawatts of equipment, bringing its total current delivered or on-order capacity to approximately 550 megawatts, with all units anticipated to be delivered by year-end 2027.
  • As a result of these additional equipment orders, PROPWR's 2026 capital expenditures are now projected to be between $250 million and $275 million, an increase from the previous guidance of $200 million and $250 million.
  • The company has also executed a letter of intent for a $350 million lease finance facility.
Dec 12, 2025, 9:52 PM
ProPetro's PROPWR Division Secures Coterra Energy Contract and Updates Guidance
PUMP
New Projects/Investments
Guidance Update
  • PROPWR, a division of ProPetro Holding Corp., has secured a contract with Coterra Energy Inc. to provide turnkey power for distributed microgrids in the New Mexico Permian Basin, with deployment scheduled to begin in Q1 2026.
  • This agreement increases PROPWR's total committed capacity under contract to over 220 megawatts, with a weighted average contract tenor of approximately five years.
  • PROPWR has placed orders for an additional 190 megawatts of equipment, bringing its total current delivered or on-order capacity to approximately 550 megawatts, with all units anticipated by year-end 2027.
  • As a result of these additional equipment orders, PROPWR's 2026 capital expenditures are now projected to be between $250 million and $275 million, an increase from the previous guidance of $200 million and $250 million.
  • The company has also executed a letter of intent for a $350 million lease finance facility to support its expansion.
Dec 12, 2025, 12:00 PM
ProPetro Holding Highlights Q3 Performance and ProPower Growth
PUMP
New Projects/Investments
Revenue Acceleration/Inflection
Guidance Update
  • ProPetro Holding reported Q3 2025 revenue of $294 million, adjusted EBITDA of $35 million, and free cash flow of $25 million from its completion business.
  • The company's ProPower segment, launched in December 2024, has secured 220 megawatts under contract and is already generating revenue, with a target of at least 1 gigawatt of installed capacity by 2030, anticipating $265 million-$280 million in EBITDA from this segment by then.
  • ProPetro is strategically investing over $1 billion since 2022 to refresh its assets and technology, shifting towards tech-enabling fleet innovation, and is funding the growth of its ProPower business with free cash flow generated from its core completions business.
  • The company maintains a strong market position in the Permian Basin, where 100% of its completion business revenue originates, and has approximately 70% of its active horsepower on long-term contracts.
Nov 20, 2025, 3:55 PM
ProPetro Holding Discusses Q3 Results and ProPower Growth Strategy
PUMP
New Projects/Investments
Revenue Acceleration/Inflection
Guidance Update
  • ProPetro Holding reported Q3 revenue of $294 million, adjusted EBITDA of $35 million, and free cash flow from its completion business of $25 million.
  • The company's new ProPower business, launched in December, has secured 220 megawatts under contract by year-end and aims for 1 gigawatt or greater of installed capacity by 2030. This includes an inaugural data center contract in the Midwest and an 80-megawatt, 10-year take-or-pay agreement in the Permian Basin.
  • ProPower is anticipated to generate $265 million-$280 million of EBITDA by 2030.
  • The core completion business, with 100% of its revenue from the Permian Basin, has 70% of its active horsepower on long-term contracts and is the second leading horsepower in the Permian Basin.
Nov 20, 2025, 3:55 PM
ProPetro Holding Discusses Q3 2025 Performance and ProPower Expansion
PUMP
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
  • ProPetro Holding (PUMP) reported Q3 2025 revenue of $294 million, Adjusted EBITDA of $35 million, and $25 million in free cash flow from its completion business.
  • The company's revenue mix is 71% hydraulic fracturing, 18% wireline, and 11% cement, with 100% of its completion business revenue derived from the Permian Basin.
  • ProPetro is rapidly expanding its ProPower segment, having secured 220 megawatts under contract and targeting at least 1 gigawatt of installed capacity by 2030, with anticipated EBITDA of $265 million - $280 million from this segment by the same year.
  • The company prioritizes capital allocation to its ProPower business and FORCE electric offerings, leveraging free cash flow from its completions business for growth, and has 70% of its active horsepower on long-term contracts.
Nov 20, 2025, 3:55 PM