ProFrac Holding Corp. Stock Price, News & Analysis

ProFrac Holding Corp. (NASDAQ: ACDC) has priced its public offering of 18,750,000 shares of Class A common stock at $4.00 per share, aiming to raise approximately $75.0 million in gross proceeds. The company has granted underwriters a 30-day option to purchase up to an additional $11,250,000 of Class A common stock.

The offering, expected to close around August 14, 2025, will be managed by J.P. Morgan Securities LLC and Piper Sandler & Co. as joint book-running managers. ProFrac plans to use the proceeds to repay borrowings under its senior secured asset-based revolving credit agreement, pursue potential investments, and for working capital purposes.

ProFrac Holding Corp. (NASDAQ: ACDC) has announced a public offering of $75 million of its Class A common stock, with an additional 30-day option for underwriters to purchase up to $11.25 million more shares.

The company plans to use the proceeds to repay outstanding borrowings under its senior secured asset-based revolving credit agreement, pursue potential investment opportunities, and for working capital and general corporate purposes. J.P. Morgan Securities LLC and Piper Sandler & Co. are serving as joint book-running managers for the offering.

ProFrac Holding Corp. (NASDAQ: ACDC) reported challenging second quarter 2025 results, with total revenue declining to $502 million from $600 million in Q1 2025. The company posted a net loss of $104 million, significantly wider than the $15 million loss in Q1. Adjusted EBITDA decreased to $79 million (16% of revenue) from $130 million (22%) in Q1.

Despite market headwinds, ProFrac demonstrated operational improvements with net cash from operations of $100 million and free cash flow of $54 million. The company reduced capital expenditures to $47 million and expects 2025 capex between $175-225 million. Total debt stood at $1.08 billion with available liquidity of $108 million as of June 30, 2025.

ProFrac Holding Corp. (NASDAQ: ACDC) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results before the conference call, which will take place on Thursday, August 7, 2025, at 11:00 a.m. Eastern / 10:00 a.m. Central. The event will be available via webcast, and an archive of the presentation will be accessible on ProFrac's investor relations website for 90 days following the call.

ProFrac Holding Corp. (NASDAQ: ACDC) has announced strategic debt restructuring initiatives aimed at enhancing its liquidity position. The company has secured agreements for $60 million in additional 2029 Senior Notes to be issued in three tranches of $20 million each, with the first issuance already completed in Q2 2025.

The comprehensive financial package includes amendments to the company's Alpine Term Loan, featuring a $30 million reduction in quarterly 2025 amortization payments and a deferral of the Total Net Leverage Ratio test to Q1 2027. These combined actions are expected to generate approximately $90 million in incremental liquidity in 2025.

The notes will be purchased by Wilks family affiliates and Beal Bank USA across different tranches, subject to customary closing conditions. The new notes will be issued under the same indenture as existing 2029 Senior Notes with identical terms.

ProFrac Holding Corp (NASDAQ: ACDC) reported its Q1 2025 financial results, showing significant improvements despite ongoing market challenges. Revenue increased 32% to $600 million from Q4 2024's $455 million, while net loss narrowed to $15 million from $102 million. Adjusted EBITDA rose 83% to $130 million, representing 22% of revenue. The Stimulation Services segment generated $525 million in revenue with $105 million Adjusted EBITDA. However, the company faces headwinds from tariff uncertainty and OPEC+ production increases, leading to some customers becoming more selective with oil-directed completions. The company maintains $76 million in liquidity and has identified $70-100 million in potential capital expenditure reductions to adapt to market conditions. Net debt stood at $1.14 billion as of March 31, 2025.

Flotek has acquired power generation assets from ProFrac GDM for $105 million, marking a strategic expansion into the mobile power generation sector. The deal includes a six-year dry lease agreement providing $160 million in revenue backlog.

Key transaction details:

• Purchase includes digitally enhanced mobile natural gas conditioning and distribution units
• 22 assets will begin service immediately, with 8 more units planned for late 2025
• Expected to generate $14 million in rental revenue for 2025
• Annual revenue projected at $27.4 million starting 2026

The $105 million purchase is funded through:

• $17.6 million offset from 2024 order shortfall payments
• $40.2 million in equity via warrant for 6 million Flotek shares
• $40 million secured promissory note at 10% interest

This acquisition leverages Flotek's measurement technology for remote power generation applications, expanding their Data Analytics segment with a projected 60% revenue increase compared to 2024.

ProFrac Holding Corp. (NASDAQ: ACDC) has scheduled its first quarter 2025 financial results announcement and conference call. The company will release its Q1 2025 results before the conference call, which is set to take place on Wednesday, May 7, 2025, at 11:00 a.m. Eastern / 10:00 a.m. Central time. The webcast will be available for replay on ProFrac's investor relations website's IR Calendar section for 90 days following the call.

ProFrac Holding Corp (NASDAQ: ACDC) reported its full year and Q4 2024 financial results, showing declining performance. Full year 2024 revenue decreased to $2.19 billion from $2.63 billion in 2023, with net loss widening to $208 million from $59 million. Adjusted EBITDA fell to $501 million from $688 million.

Fourth quarter 2024 results showed further deterioration with revenue of $455 million, down from $575 million in Q3, and net loss of $102 million compared to $44 million in Q3. The company cited seasonal budget exhaustion, adverse weather, and pricing pressure as key factors.

The company launched Livewire Power in Q4 2024, focusing on power generation solutions for remote locations. Looking ahead, ProFrac increased its active fleet count by over 25% from Q4 and expects improved revenues and profitability in Q1 2025. The company projects 2025 capital expenditures between $250-300 million.