Welcome to our dedicated page for Propetro Holding news (Ticker: PUMP), a resource for investors and traders seeking the latest updates and insights on Propetro Holding stock.
ProPetro Holding Corp (PUMP) delivers essential oilfield services including hydraulic fracturing, wireline operations, and cementing across North America's key energy regions. This page provides investors and industry professionals with direct access to the company's official announcements and strategic updates.
Track critical developments through curated press releases covering quarterly earnings, equipment fleet expansions, and strategic partnerships in the energy sector. Our repository ensures timely access to operational milestones and financial disclosures from the Permian Basin specialist.
Discover updates on ProPetro's sustainability initiatives, technology deployments, and market positioning within the competitive oil services landscape. All content is sourced from verified corporate communications to maintain accuracy and compliance.
Bookmark this page for streamlined monitoring of PUMP's business trajectory. Combine regular visits with portfolio tracking tools for comprehensive market analysis.
ProPetro (NYSE:PUMP) reported challenging Q2 2025 financial results, with revenue declining 9% to $326 million compared to Q359 million in Q1. The company posted a net loss of $7 million ($0.07 loss per share), down from Q1's net income of $10 million. Adjusted EBITDA decreased 32% to $50 million.
Notable developments include securing a 10-year contract for 80 megawatts of PROPWR service capacity with a Permian Basin operator. Over 50% of ProPetro's active hydraulic horsepower is under long-term contracts. The company maintains $178 million in total liquidity and revised its 2025 capital expenditure guidance to $270-310 million.
Due to market challenges and OPEC+ production increases, ProPetro expects to reduce active hydraulic fracturing fleets from 13-14 to 10-11 in Q3 2025.
ProPetro (NYSE: PUMP) has appointed Caleb Weatherl as its new Chief Financial Officer, effective immediately. Weatherl brings significant energy sector experience, most recently serving as CEO and Board Member at Garrison Energy. His prior roles include President and CFO at Stronghold Energy II, CFO at Desert Royalty Company, and co-founder of Stronghold Energy Partners.
Weatherl, a Harvard graduate with an A.B. in Economics and MBA, has demonstrated expertise in financial management and strategic growth in the energy sector. CEO Sam Sledge expressed confidence in Weatherl's ability to strengthen ProPetro's operational and financial foundation while focusing on long-term shareholder value.
ProPetro (NYSE:PUMP) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on Wednesday, July 30, 2025, before market open.
The earnings conference call will be held on the same day at 8:00 AM Central Time. Investors can access the call through various channels: U.S. callers can dial 1-844-340-9046, while international participants should use 1-412-858-5205. A webcast will also be available on the company's website. A replay will be accessible for one week using different numbers for U.S., Canadian, and international callers, with the replay access code 2289211.
ProPetro (NYSE: PUMP) reported strong Q1 2025 financial results with total revenue of $359 million, up 12% from the previous quarter. The company achieved a net income of $10 million ($0.09 per diluted share), compared to a net loss of $17 million in Q4 2024.
Key highlights include:
- Adjusted EBITDA of $73 million (20% of revenue)
- Free Cash Flow of $22 million
- Increased PROPWR power generation capacity from 140 to 220 megawatts
- Secured letters of intent for 75 megawatts with two Permian Basin operators
The company updated its 2025 guidance with capital expenditures between $295-345 million, reduced by 9%. Operating fleet size is expected to decrease to 13-14 active hydraulic fracturing fleets in Q2 2025 due to oil price declines. About 50% of ProPetro's active hydraulic horsepower operates under long-term contracts, including dual-fuel and electric-powered fleets.
ProPetro Holding Corp. (NYSE: PUMP) has scheduled its first quarter 2025 earnings release for Tuesday, April 29, 2025, before market opening. The company will host a conference call on the same day at 8:00 AM Central Time to discuss the results.
Investors can access the conference call through multiple channels: U.S. callers can dial toll-free at 1-844-340-9046, while international participants can dial 1-412-858-5205. The call will also be available via webcast on the company's website. A replay will be accessible for one week following the call through various numbers for U.S., Canadian, and international callers using the access code 1778575.
ProPetro Holding Corp. (NYSE: PUMP) announced that Chief Financial Officer David Schorlemer will depart effective March 3, 2025. During his 4.5-year tenure, Schorlemer led several accretive transactions, implemented a share repurchase program, and strengthened the company's finance, accounting, and technology functions.
Chief Accounting Officer Celina A. Davila, who was appointed in November 2023, will serve as interim principal financial officer until a new CFO is appointed. CEO Sam Sledge expressed confidence in the company's ability to maintain high-level execution during this transition period, citing the strong team built under Davila and Schorlemer's leadership.
ProPetro (NYSE: PUMP) reported financial results for Q4 and full year 2024. Full-year revenue decreased 11% to $1.4 billion, with a net loss of $138 million compared to net income of $86 million in 2023. Adjusted EBITDA declined 30% to $283 million.
The company launched PROPWR℠, ordering 140 megawatts of power generation equipment, and completed the AquaProp℠ acquisition. They repurchased 7.2 million shares in 2024, with total repurchases of 13.0 million shares since May 2023. Capital expenditures reduced by 57% to $133 million.
Q4 2024 revenue was $321 million, down from $361 million in Q3, with a net loss of $17 million. The company expects to run 14-15 frac fleets in Q1 2025 and projects 2025 capital expenditures between $300-400 million.
ArcBest (ARCB) reported Q4 2024 revenue of $1.0 billion, down from $1.1 billion in Q4 2023, with net income decreasing to $29.0 million ($1.24 per diluted share) from $48.8 million ($2.01 per diluted share). Full-year 2024 revenue was $4.2 billion versus $4.4 billion in 2023.
The Asset-Based segment saw Q4 revenue decline 7.6% to $656.2 million, with tonnage per day decreasing 7.3% and operating income falling to $52.3 million. The Asset-Light segment reported Q4 revenue of $375.4 million, down 9.2%, with an operating loss of $1.6 million.
The company returned over $85 million to shareholders through share repurchases and dividends in 2024. Total net capital expenditures were $288 million, including $160 million for revenue equipment and $85 million in real estate.
ProPetro Holding Corp. (NYSE: PUMP) has announced its upcoming fourth quarter 2024 earnings release, scheduled for Wednesday, February 19, 2025, before market opening. The company will host a conference call at 8:00 AM Central Time on the same day to discuss the results.
Investors can access the conference call through multiple channels: U.S. callers can dial toll-free at 1-844-340-9046, while international callers can use 1-412-858-5205. The call will also be available via webcast on ProPetro's website. A replay will be accessible for one week following the call, with specific access codes provided for U.S., Canadian, and international callers.
FAQ
What is the current stock price of Propetro Holding (PUMP)?
What is the market cap of Propetro Holding (PUMP)?
