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Permian Basin provider of oilfield completion services
propetroservices.comLast updated
In short: ProPetro reported a Q2 2026 net loss, expanded its power business via a Caterpillar deal, and secured a secondary listing on NYSE Texas.
ProPetro cites increased utilization, resilient free cash flow, and PROPWR scaling. It is activating frac capacity and deploying PROPWR assets across data center, oil and gas, and industrial markets.
Proceeds will fund capped call transactions and general corporate purposes, including growth capital for power generation equipment. Notes due 2031.
The agreement enables acquisition of up to 2.1 GW power generation capacity by 2031 for data centers, oil & gas, and industrial customers.
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.
For the most recent reported quarter visible in this call, ProPetro cited revenue of USD 359.7 million and adjusted EBITDA of USD 78.0 million, according...
Quarterly earnings results are a good time to check in on a company’s progress, especially compared ...
ProPetro Holding stock has delivered a very strong 139.4% return over the past year, yet the broader...
ProPetro Holding Corp (PUMP) Analyst Rating Update On October 10, 2023, Citigroup maintained a 'Buy'...
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