Earnings summaries and quarterly performance for ProPetro Holding.
Executive leadership at ProPetro Holding.
SS
Sam Sledge
Detailed
Chief Executive Officer
CEO
AM
Adam Muñoz
Detailed
President and Chief Operating Officer
CW
Caleb Weatherl
Detailed
Chief Financial Officer
CD
Celina Davila
Detailed
Chief Accounting Officer
JM
Jody Mitchell
Detailed
General Counsel and Corporate Secretary
SF
Shelby Fietz
Detailed
Chief Commercial Officer
Board of directors at ProPetro Holding.
Research analysts who have asked questions during ProPetro Holding earnings calls.
JD
John Daniel
Daniel Energy Partners
4 questions for PUMP
Also covers: ACDC, CLB, CVEO +19 more
Waqar Syed
ATB Capital Markets
4 questions for PUMP
Also covers: FTI, HP, LBRT +5 more
Derek Podhaizer
Piper Sandler Companies
2 questions for PUMP
Also covers: AESI, FLOC, FTI +13 more
EK
Edward Kim
TD Cowen
2 questions for PUMP
Also covers: AESI, HP, LBRT +5 more
KH
Kurt Hallead
The Benchmark Company
2 questions for PUMP
Also covers: AESI, BKR, FTI +14 more
Stephen Gengaro
Stifel Financial Corp.
2 questions for PUMP
Also covers: ACDC, AESI, AMRC +24 more
AS
Alex Selhofer
Stifel Financial Corp.
1 question for PUMP
AJ
Arun Jayaram
JPMorgan Chase & Co.
1 question for PUMP
Also covers: APA, AR, BKR +33 more
DC
Donald Crist
Johnson Rice & Company, L.L.C.
1 question for PUMP
Also covers: AESI, ARIS, FTK +6 more
DC
Don Crist
Johnson Rice & Company L.L.C.
1 question for PUMP
Also covers: AESI, HP, PTEN +2 more
Eddie Kim
Barclays
1 question for PUMP
Also covers: AESI, BORR, HP +6 more
GH
Grant Hynes
JPMorgan Chase & Co.
1 question for PUMP
Also covers: HP, LBRT, NBR +4 more
JL
Jeff LeBlanc
TPH&Co.
1 question for PUMP
Also covers: AESI, HP, LBRT +3 more
JL
Jeffrey LeBlanc
Tudor, Pickering, Holt & Co.
1 question for PUMP
Also covers: HP, LBRT, NBR +2 more
SG
Scott Gruber
Citigroup
1 question for PUMP
Also covers: APA, BKR, BKV +24 more
Sean Mitchell
Daniel Energy Partners
1 question for PUMP
Also covers: AESI, ARIS, CLB +10 more
Recent press releases and 8-K filings for PUMP.
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
ProPetro Holding Corp. Reports Q3 2025 Financial Results and PROPWR Segment Expansion
PUMP
Earnings
Guidance Update
New Projects/Investments
- ProPetro Holding Corp. reported Q3 2025 revenue of $294 million, a 10% decrease from the prior quarter, resulting in a net loss of $2 million ($0.02 loss per diluted share). Adjusted EBITDA for the quarter was $35 million, a 29% sequential decrease.
- The PROPWR segment achieved significant milestones, including deploying its first assets, securing a 60-megawatt contract for a data center, and expanding total contracted capacity to over 150 megawatts, with expectations to reach at least 220 megawatts by year-end.
- To support PROPWR's growth, the company increased equipment orders to 360 megawatts (with 750 megawatts anticipated by year-end 2028) and executed a letter of intent for a $350 million lease financing facility.
- ProPetro revised its full-year 2025 capital expenditures incurred guidance to between $270 million and $290 million, with $190 million dedicated to the PROPWR business. The company expects to maintain 10 to 11 active frac fleets in Q4 2025.
Oct 29, 2025, 8:11 PM
ProPetro Reports Q3 2025 Financials and Accelerates ProPWR Expansion
PUMP
Earnings
New Projects/Investments
Guidance Update
- ProPetro reported Q3 2025 total revenue of $294 million, a 10% decrease from the prior quarter, with a net loss of $2 million or $0.02 loss per diluted share. Adjusted EBITDA totaled $35 million, representing 12% of revenue, and decreased 29% compared to the prior quarter.
- The company's ProPWR segment secured a long-term contract for 60 megawatts (MW) to support a hyperscale data center, marking its entry into this market, and now has over 150 MW contracted with expectations to reach at least 220 MW contracted by year-end 2025. ProPetro anticipates 750 MW delivered by year-end 2028 and one gigawatt or greater by 2030.
- ProPetro expects full-year 2025 capital expenditures incurred to be between $270 million and $290 million, with approximately $190 million allocated to its ProPWR business due to accelerated delivery and down payments. A $350 million leasing facility has been secured to help fund ProPWR growth.
- The completions business generated $25 million in free cash flow in Q3 2025 and is expected to maintain 10 to 11 active fleets in Q4 2025 and into 2026, despite a challenging market.
Oct 29, 2025, 1:00 PM
ProPetro Reports Q3 2025 Results, Expands PROPWR Segment, and Updates Capital Expenditure Guidance
PUMP
Earnings
Guidance Update
New Projects/Investments
- ProPetro reported Q3 2025 total revenue of $294 million, a 10% decrease from the prior quarter, with a net loss of $2 million or $0.02 loss per diluted share. Adjusted EBITDA was $35 million, representing 12% of revenue and a 29% decrease quarter-over-quarter. The completions business generated $25 million in free cash flow.
- The company made significant progress in its PROPWR segment, securing a long-term contract for 60 MW to support a hyperscale data center, marking its entry into this market. Total contracted PROPWR capacity is now over 150 MW, with expectations to reach at least 220 MW by year-end. ProPetro has also ordered an additional 140 MW of equipment, bringing total delivered or on-order capacity to 360 MW by early 2027, with a target of 750 MW by year-end 2028 and one gigawatt or greater by 2030.
- To support PROPWR growth, ProPetro executed a letter of intent for a $350 million leasing facility. The company updated its full-year 2025 capital expenditures incurred guidance to $270 million to $290 million, with approximately $190 million allocated to PROPWR due to accelerated delivery and down payments. PROPWR capital expenditures for 2026 are projected to be between $200 million and $250 million.
- ProPetro expects the challenging operating environment in the completions market to persist into at least the first half of 2026, anticipating 10-11 active fleets in Q4 2025. The company proactively idled three fleets in Q3 rather than operating at sub-economic levels, emphasizing disciplined pricing and a focus on maintaining its next-generation asset base.
Oct 29, 2025, 1:00 PM
ProPetro Reports Q3 2025 Results, Advances PROPWR Initiative
PUMP
Earnings
New Projects/Investments
Share Buyback
- ProPetro reported Q3 2025 revenue of $294 million, Adjusted EBITDA of $35 million, and Free Cash Flow for Completions Business of $25 million. The company also reported a net loss of ($2 million) and EPS of ($0.02) for the quarter.
- The company deployed its first PROPWR assets in Q3 2025, executed a letter of intent for a $350 million lease financing facility, and expanded total contracted capacity to over 150 megawatts, with a target of 1 gigawatt or greater by 2030.
- ProPetro's share repurchase program has $89 million remaining, with $111 million already repurchased and 13 million shares (11%) retired since inception through September 30, 2025. No shares were repurchased in Q3 2025 as the company prioritized the launch and scaling of its PROPWR business.
- Approximately 70% of ProPetro's active hydraulic horsepower is now secured under long-term contracts, and 100% of its completions business revenue comes from the Permian Basin.
Oct 29, 2025, 1:00 PM
Quarterly earnings call transcripts for ProPetro Holding.
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