Welcome to our dedicated page for Propetro Holding SEC filings (Ticker: PUMP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ProPetro Holding Corp. filings document an NYSE-listed oilfield-services issuer with common stock trading under PUMP, a completion-services platform and the PROPWR gas-to-power business. Form 8-K reports cover operating and financial results, investor presentations, material agreements, equipment loans, lease financing, and capital-structure actions such as convertible senior notes and capped call transactions.
Proxy materials describe shareholder voting matters, governance, the company’s completion-services strategy, FORCE electric fleets, and the development of PROPWR for oil and gas, data center and industrial customers. The filings also identify registered securities, subsidiary financing arrangements, risk and governance disclosures, and the formal terms of material debt instruments.
ProPetro Holding Corp. reported modest profitability for 2025 while ramping investment in its new PROPWR power business. Full-year 2025 revenue was $1.27 billion, with net income of $0.8 million and Adjusted EBITDA of $208 million. The legacy completions business generated strong Free Cash Flow for Completions Business of $190 million, including $98 million in the fourth quarter.
Fourth-quarter 2025 revenue was $290 million with net income of $0.7 million and Adjusted EBITDA of $51 million, or 18% of revenue. As of December 31, 2025, liquidity was $205 million, rising to $325 million by January 31, 2026, helped by an equity offering that raised approximately $163 million in net proceeds.
PROPWR has approximately 240 megawatts of committed capacity and about 550 megawatts of equipment delivered or on order at an average cost of roughly $1.1 million per megawatt. The company targets at least 750 megawatts deployed by year-end 2028 and one gigawatt or more by 2030. For 2026, ProPetro guides to capital expenditures of $390–$435 million, including $140–$160 million for completions and $250–$275 million for PROPWR, and expects PROPWR to begin delivering meaningful earnings in the second half of 2026.
Sourcerock Group LLC has disclosed a significant stake in ProPetro Holding Corp. common stock. As of December 31, 2025, Sourcerock reports beneficial ownership of 6,846,650 shares, representing approximately 6.6% of the outstanding common stock.
Sourcerock has sole voting and dispositive power over all of these shares. It states that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of ProPetro, other than activities solely in connection with a nomination under the specified proxy rule.
ProPetro Holding Corp., through its subsidiary ProPetro Energy Solutions, LLC, entered into a First Amendment to its Master Loan and Security Agreement with Caterpillar Financial Services Corporation. The amendment increases funds available under the agreement by an additional $53,550,000 in equipment loans to finance turbine generator sets and related auxiliary equipment.
Each equipment loan begins as a floating-rate interim note and, after specified milestones, converts to a separate fixed-rate term note. These notes are secured by a first lien on the financed equipment and related proceeds and are fully and unconditionally guaranteed by ProPetro Holding Corp. and ProPetro Services, Inc. The agreement includes customary covenants limiting further encumbrances on the collateral.
ProPetro Holding Corp.'s President and COO, Adam Munoz, reported routine equity compensation activity. On February 1, 2026, 29,061 restricted stock units (RSUs) converted into the same number of common shares upon vesting and settlement.
The filing shows 11,436 common shares were withheld at a price of $11.49 to cover taxes related to this vesting. After these transactions, Munoz directly holds 171,269 shares of common stock and 196,091 RSUs, reflecting ongoing incentive alignment through stock-based compensation rather than an open-market discretionary sale.
ProPetro Holding Corp.'s Chief Commercial Officer, Shelby Kyle Fietz, reported routine equity compensation activity. On February 1, 2026, 3,539 restricted stock units (RSUs) vested and were settled into the same number of shares of common stock.
To cover taxes related to this vesting, 865 shares of common stock were withheld at $11.49 per share. After these transactions, Fietz directly held 206,959 shares of common stock and 198,237 RSUs, each RSU representing a right to receive one share or its cash equivalent.
ProPetro Holding Corp.'s General Counsel and Corporate Secretary, John J. Mitchell, reported routine equity compensation activity. On February 1, 2026, 11,522 restricted stock units vested and were settled into common stock, consistent with a February 1, 2023 grant vesting in three annual installments.
To cover taxes on this vesting, 2,806 shares of common stock were withheld at a price of $11.49 per share. After these transactions, Mitchell directly holds 91,669 shares of common stock and 96,788 restricted stock units, reflecting ongoing alignment with ProPetro equity.
ProPetro Holding Corp. Chief Accounting Officer Celina A. Davila reported routine equity award activity. On February 1, 2026, 3,344 restricted stock units vested and were settled into the same number of shares of common stock. Each RSU gives the right to receive one share or cash equal to its fair market value.
To cover taxes due at vesting, 992 common shares were withheld at a price of $11.49 per share. After these transactions, Davila directly owns 23,628 shares of ProPetro common stock and 30,010 RSUs that remain outstanding.
ProPetro Holding Corp.'s Chief Executive Officer and director Samuel D. Sledge reported routine equity compensation activity. On February 1, 2026, 58,121 restricted stock units vested and were settled into the same number of common shares. As part of this vesting, 22,871 common shares were withheld at a price of $11.49 per share to cover taxes due on the award. After these transactions, Sledge directly beneficially owned 549,193 shares of common stock and 414,412 restricted stock units, reflecting ongoing alignment of his compensation with shareholder equity.
ProPetro Holding Corp. is raising equity capital through an underwritten public offering of its common stock. The company priced 15,000,000 shares at $10.00 per share, using an existing shelf registration on Form S-3.
Underwriters led by Goldman Sachs & Co. LLC agreed to purchase the shares under an underwriting agreement dated January 26, 2026. ProPetro expects net proceeds of approximately $141,875,000 from the base deal and plans to use the funds for general corporate purposes, including growth capital for additional power generation equipment.
The company granted a 30-day option for underwriters to buy up to 2,250,000 additional shares at the public offering price less underwriting discounts. This option was exercised in full on January 27, 2026, with additional expected net proceeds of approximately $21.4 million, with closing expected on or about January 28, 2026.
ProPetro Holding Corp. is offering 15,000,000 shares of common stock at $10.00 per share, for gross proceeds of $150,000,000. Underwriters have a 30‑day option to buy 2,250,000 additional shares.
After underwriting discounts and estimated expenses, ProPetro expects to receive about $141.9 million in net proceeds, to be used for general corporate purposes, including growth capital for additional power generation equipment.
The company highlights a growing power generation business with roughly 230 MW of contracted capacity and about 550 MW of delivered or on‑order capacity, alongside preliminary 2025 revenue of approximately $1.27 billion and continued focus on Permian Basin completions services.