Welcome to our dedicated page for ProFrac Holding news (Ticker: ACDC), a resource for investors and traders seeking the latest updates and insights on ProFrac Holding stock.
News about ProFrac Holding Corp. (NASDAQ: ACDC) focuses on its role as a technology-focused, vertically integrated energy services holding company serving upstream oil and natural gas producers in North American unconventional resource plays. The company’s press releases and SEC-related announcements highlight developments in hydraulic fracturing, proppant production, completion services, and related financial and strategic actions.
Readers following ACDC news can expect regular coverage of quarterly financial results, including revenue, net income or loss, Adjusted EBITDA, Free Cash Flow, and segment performance for Stimulation Services, Proppant Production, Manufacturing, and Other Business Activities. These updates often discuss market conditions in the U.S. onshore completions market, operational efficiency initiatives, capital expenditure plans, and liquidity metrics such as total debt, net debt, and available credit facility capacity.
ProFrac’s news flow also includes capital markets and financing activities, such as underwritten public offerings of Class A common stock, issuances of senior secured floating rate notes due 2029, and amendments to existing credit agreements. The company explains how these transactions are expected to affect liquidity, amortization schedules, and financial flexibility, and it files related information on Form 8-K.
Operational and technology-related announcements form another important category of ACDC news. ProFrac has reported on its ProPilot automation system for fracturing operations and a strategic partnership with Seismos to deploy Closed Loop Fracturing across major U.S. basins. These releases describe how automation and real-time subsurface data are being integrated into completion workflows.
Investors, analysts, and industry observers can use the ProFrac news page on Stock Titan to monitor earnings releases, conference call schedules, financing transactions, and technology partnerships that shape the company’s position in the hydraulic fracturing and completions sector. Regular updates provide insight into how ProFrac is responding to market headwinds, managing its capital structure, and developing its service offerings.
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.
ProFrac Holding Corp. (NASDAQ: ACDC) has announced its schedule for the release of its fourth quarter and full year 2024 financial results. The company will present the results during a conference call and webcast on Thursday, March 6, 2025, at 11:00 a.m. Eastern / 10:00 a.m. Central. The webcast recording will be available for 90 days following the call on ProFrac's investor relations website in the IR Calendar section.
ProFrac Holding Corp. (NASDAQ: ACDC) has partnered with Prairie Operating Co. to deploy an electric frac fleet in Colorado. The initiative features 25 advanced 3,000 HHP single E-Pumps for fully electrified hydraulic fracturing and pump down operations. Operations will begin on Prairie's 8-well Shelduck pad in Weld County. The fleet includes electric blender units, hydration systems, and chemical additive units powered by natural gas. Power will be supplied by two Solar – SMT130 Mobile Gas Turbines, each generating 16.5 MWe ISO. This collaboration aims to reduce emissions and meet Colorado's environmental standards while enhancing operational efficiency.
ProFrac Holding Corp. (NASDAQ: ACDC) reported Q3 2024 financial results with total revenue of $575.3 million, slightly down from $579.4 million in Q2. The company posted a net loss of $43.5 million, improving from a $65.6 million loss in Q2. Adjusted EBITDA was $134.8 million, with net cash from operations at $98.0 million. The company expects pricing and activity decline in Q4 2024, but anticipates recovery in 2025. Currently, 72% of active fleets include e-fleet or natural gas-capable equipment. Total debt outstanding was $1.17 billion, with total liquidity of $109.2 million as of September 30, 2024.
ProFrac Holding Corp. (NASDAQ: ACDC) has scheduled its third quarter 2024 financial results announcement and conference call for Tuesday, November 5, 2024. The earnings release will be issued before the conference call, which begins at 11:00 a.m. Eastern / 10:00 a.m. Central. Participants can join via phone by dialing 412-902-0030 or through the company's investor relations website. A replay will be available until November 12, 2024, accessible by dialing 201-612-7415 with pass code 13749864#. The webcast archive will be available for 90 days.
ProFrac Holding Corp. (NASDAQ: ACDC) reported its Q2 2024 financial results. Total revenue was $579.4 million, slightly down from Q1. The company reported a net loss of $65.6 million, compared to a net income of $3.0 million in Q1. Adjusted EBITDA decreased to $135.6 million from $159.7 million in Q1. Despite market challenges, ProFrac achieved records for average pump hours per fleet and efficiencies. The company's free cash flow grew 187% sequentially to $74.0 million. ProFrac continues to upgrade its fleet with electric and Tier 4 dual fuel systems, with 70% of active fleets now including e-fleet or natural gas-capable equipment. The company expects pricing to remain steady in the Stimulation Services segment and anticipates a gradual recovery in the Proppant Production segment after initial declines.
ProFrac Holding Corp. (NASDAQ: ACDC) will report its second quarter 2024 financial results on Thursday, August 8, 2024, before their conference call at 11:00 a.m. Eastern / 10:00 a.m. Central.
Interested parties can access the call live via phone by dialing 862-298-0702 or through the Internet at the company's website. A replay will be available until August 15, 2024, by dialing 201-612-7415 with pass code 13748137#.
The webcast archive will be accessible for 90 days at ProFrac's IR Calendar.
ProFrac Holding Corp. (NASDAQ: ACDC) announced on May 16, 2024, that CFO Lance Turner will resign, effective June 17, 2024. Turner will remain as a consultant to ensure a smooth transition to the new CFO, Austin Harbour. Turner has been with ProFrac for two years and significantly contributed to the company's financial management and strategic direction. Austin Harbour, who brings extensive industry experience, including roles at Piper Sandler and Superior Energy Services, will succeed Turner. Harbour holds an MBA from Texas A&M University and a bachelor's degree from Texas Christian University.
ProFrac Holding Corp. reported strong first-quarter 2024 financial and operational results, with total revenue growing 19% to $581.5 million. Net income improved from a loss of $96.5 million to $3.0 million. Adjusted EBITDA increased by 46% to $159.7 million. Free cash flow grew 102% to $25.8 million. The company's outlook is positive, with steady pricing in the Stimulation Services segment and expected growth in Proppant Production volumes and profitability.
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