Latest ProPetro Services News & Updates

See the latest news and media coverage for ProPetro. We track all announcements, press releases, and industry mentions in real time, all in one place.

ProPetro Services (ProPetro)

Oilfield services provider in Permian Basin

propetroservices.com

Headquarters: Midland, United States
Founded year: 2005
Company type: Public company
Number of employees: 1,000–5,000
Industry: Oil Related Services and Equipment

Last updated Today

Latest news about ProPetro Services (ProPetro)

In short: ProPetro reported a widened Q2 2026 net loss of $8 million despite growing its revenue to $306 million and expanding its power business.

Company announcements

May 4 ProPetro

ProPetro announces proposed $500M convertible senior notes offering

Proceeds will fund capped call transactions and general corporate purposes, including growth capital for power generation equipment. Notes due 2031.

April 29 ProPetro

PROPWR secures strategic framework agreement with Caterpillar

The agreement enables acquisition of up to 2.1 GW power generation capacity by 2031 for data centers, oil & gas, and industrial customers.

February 18 ProPetro

ProPetro reports Q4 and full-year 2025 financial results

Full-year revenue reached $1.3 billion with Adjusted EBITDA of $208 million. Q4 revenue was $290 million, net income $1 million. PROPWR expanded to 550 MW orders and secured financing.

January 26 ProPetro

ProPetro announces public offering of common stock

The company offers 12,500,000 shares for general corporate purposes, including growth capital for power generation equipment. Underwriters have a 30-day option for 1,875,000 more shares.

Media coverage

August 3 GuruFocus

PUMP Maintained by Citigroup -- Price Target Lowered to $16.00

ProPetro Holding Corp (PUMP) Analyst Rating Update On October 10, 2023, Citigroup maintained a 'Buy'...

July 29 ZoneBourse

ProPetro: Stable loss in second quarter despite decline in revenue

ProPetro reported on Wednesday a net loss of $0.07 per diluted share for the second quarter, a result unchanged from the previous year...

July 26 Yahoo Finance

ProPetro Holding (PUMP) Following Its Power Growth Narrative And The Fair Value Debate

ProPetro Holding (PUMP) has drawn fresh attention after recent share price weakness, with the stock down 4.1% on the day and declining over the past...

July 22 Houston Chronicle

ProPetro: Q2 Earnings Snapshot

MIDLAND, Texas (AP) — MIDLAND, Texas (AP) — ProPetro Holding Corp. (PUMP) on Wednesday reported a loss of $8.1 million in its second quarter. The...

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