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ProPetro Holding Corp. reports news about its completion-services business and the expansion of its PROPWR power generation division. The company provides premium completion services to upstream oil and gas operators developing North American unconventional resources, with a history of hydraulic fracturing activity centered on the Permian Basin.
Recurring updates include quarterly operating results, fleet utilization, FORCE electric fleet execution, gas-to-power solutions for oil and gas, data center and industrial customers, equipment purchases, lease and debt financing, convertible note activity, and supplier or customer agreements supporting power generation capacity.
ProPetro Holding Corp (NYSE: PUMP) priced an upsized underwritten public offering of 15,000,000 shares of common stock at $10.00 per share, a 2,500,000-share increase from the originally proposed 12,500,000 shares.
The company granted underwriters a 30-day option to purchase up to an additional 2,250,000 shares at the public offering price less underwriting discounts and commissions. Proceeds are intended for general corporate purposes, including funding growth capital for additional power generation equipment. The offering is expected to close on January 28, 2026, subject to customary closing conditions.
ProPetro Holding Corp (NYSE: PUMP) announced an underwritten public offering of 12,500,000 shares of common stock, with a 30-day option for underwriters to purchase up to 1,875,000 additional shares. The offering is being made under an effective Form S-3 shelf registration and a preliminary prospectus supplement has been filed with the SEC.
The company said it intends to use net proceeds for general corporate purposes, including funding growth capital for additional power generation equipment. Goldman Sachs & Co. LLC is lead book-running manager. The offering is subject to market and other conditions and may not be completed on the proposed terms.
ProPetro (NYSE: PUMP) will release fourth quarter and full year 2025 financial results on Wednesday, February 18, 2026 before market open. The company will host a conference call that day at 8:00 AM Central Time to discuss Q4 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 will be available for one week after the call via 1-800-770-2030 (U.S./Canada) or 1-609-800-9909 (international) using access code 1884540.
ProPetro (NYSE: PUMP) announced that its PROPWR division signed a contract to build distributed microgrids for a Coterra Energy subsidiary in the New Mexico Permian Basin, with deployment and operations beginning in Q1 2026. PROPWR now has over 220 megawatts committed and has placed orders for an additional 190 megawatts, bringing delivered or on-order capacity to approximately 550 megawatts split ~70% gas reciprocating engines / 30% modular turbines.
PROPWR reports an average cost of about $1.1 million per megawatt for the 550 MW, a weighted average contract tenor of ~5 years, and updated 2026 capex guidance of $250–$275 million. The company has an LOI for a $350 million lease finance facility currently in advanced negotiation.
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.