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

Last updated Today

Latest news about ProPetro Services (ProPetro)

In short: ProPetro reported mixed Q1 2026 financial results, restructured its board, and secured a strategic power generation agreement with Caterpillar.

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

June 6 Yahoo Finance

A Look At ProPetro (PUMP) Valuation After Shelf Registration And Dilution Concerns

ProPetro Holding (PUMP) drew attention after filing a shelf registration for up to 4,071,000 shares...

June 5 Yahoo Finance

ProPetro, Transocean, and Expro Shares Are Soaring, What You Need To Know

A number of stocks jumped in the afternoon session after the U.S. launched "self-defense strikes" on Iran as Trump warned the country "will have to...

June 2 The Globe and Mail

ProPetro Board Restructures Following Strategic Investor's Exit

On May 28, 2026, ProPetro Holding Corp. disclosed that director Alex V. Volkov resigned from its board following changes in its shareholder base. In conjunction...

May 21 Newser

ProPetro Holding (PUMP) Q1 2026 Results Top Views on Strong Revenue

Bad leadership can destroy even the best business. Management scoring, board analysis, and governance ratings to ensure your portfolio companies are in capable hands. Assess...

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