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.
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ProPetro (NYSE: PUMP) reported Q3 2025 results: revenue $294M (down 10% QoQ) and net loss $2M ($0.02 per diluted share). Adjusted EBITDA $35M (12% margin), down 29% QoQ. Q3 capital expenditures paid $44M and incurred $98M; year-to-date Free Cash Flow for Completions was $92M. The company has seven contracted frac fleets and ~70% of active hydraulic horsepower under long-term contracts. PROPWR expanded to >150MW contracted, 360MW on order, and executed a LOI for a $350M lease financing facility to scale power projects.
ProPetro (NYSE: PUMP) said its PROPWR division signed a long-term contract to supply 60 megawatts of power to a leading hyperscaler data center operator in the U.S. Midwest. PROPWR will deploy a hybrid energy system combining battery energy storage (BESS) with high-efficiency natural gas reciprocating engine generators to manage rapid load swings and enhance resiliency.
Deployment and operations are planned to begin in Q2 2026, and the contract includes provisions for capacity and duration expansion. Additional PROPWR updates will accompany ProPetro's Q3 2025 earnings release.
ProPetro (NYSE: PUMP) will release its third quarter 2025 earnings before market open on Wednesday, October 29, 2025. The company will host a conference call the same day at 8:00 AM Central Time to discuss results.
U.S. callers may dial 800-715-9871; international callers may dial 1-646-307-1963. The call will be webcast at www.propetroservices.com. A replay is available for one week after the call via 1-800-770-2030 (U.S./Canada) or 1-609-800-9909 (international) using access code 4592428.
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.