ProPetro Holding Corp. reports that investment entities affiliated with VR Capital, including VR Global Partners, L.P., collectively report beneficial ownership of 7,024,019 shares of ProPetro common stock.
ProPetro Holding Corp. reports that investment entities affiliated with VR Capital, including VR Global Partners, L.P., collectively report beneficial ownership of 7,024,019 shares of ProPetro common stock. This represents approximately 5.7% of the common shares outstanding, based on 122,616,976 shares reported outstanding as of April 24, 2026. The shares are directly held by VR Global Partners, L.P., with VR Advisory Services Ltd and related Cayman Islands entities, as well as Richard Deitz, deemed to share beneficial ownership through control relationships. The reporting group states the securities were not acquired and are not held for the purpose of changing or influencing control of ProPetro, other than activities solely in connection with a nomination described under Item 11.
Positive
None.
Negative
None.
Insights
VR Capital discloses a passive 5.7% stake in ProPetro.
VR Global Partners, L.P. directly holds 7,024,019 shares of ProPetro common stock, with affiliated VR Capital entities and Richard Deitz deemed beneficial owners through their control roles. This stake equals about 5.7% of shares outstanding as of April 24, 2026.
The filing states the position was not acquired to change or influence control, framing it as a passive investment. Sole voting and dispositive power are reported over the entire block, which can still provide meaningful influence depending on shareholder dispersion.
Key Figures
Shares beneficially owned:7,024,019 sharesOwnership percentage:5.7%Shares outstanding baseline:122,616,976 shares+2 more
5 metrics
Shares beneficially owned7,024,019 sharesCommon Stock of ProPetro Holding Corp. directly held by VR Global Partners, L.P.
Ownership percentage5.7%Percent of ProPetro common stock class beneficially owned by the reporting group
Shares outstanding baseline122,616,976 sharesProPetro common stock outstanding as of April 24, 2026, used for ownership calculation
Sole voting power7,024,019 sharesShares over which the reporting persons have sole power to vote or direct the vote
Sole dispositive power7,024,019 sharesShares over which the reporting persons have sole power to dispose or direct disposition
Key Terms
beneficially own, sole voting power, sole dispositive power, control person, +1 more
5 terms
beneficially ownfinancial
"may be deemed to beneficially own the 7,024,019 shares of Common Stock held by the Fund"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 7024019"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 7024019"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
control personfinancial
"Mr. Deitz, as the control person of VR and VRCP, also may be deemed to beneficially own"
A control person is an individual or entity that can significantly influence a company’s decisions and direction through ownership, voting power, or contractual rights—think of them as the captain who can steer the ship. Investors care because a control person’s choices affect corporate strategy, board appointments, and transactions that can raise or lower a stock’s value, and they often carry additional legal responsibilities and disclosure requirements to protect other shareholders.
Common Stock, par value $0.001 per sharefinancial
"Title of class of securities: Common Stock, par value $0.001 per share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in ProPetro Holding Corp. (PUMP) does VR Global Partners report?
VR Global Partners, L.P. reports beneficial ownership of 7,024,019 shares of ProPetro common stock, representing approximately 5.7% of the company’s outstanding common shares as of April 24, 2026.
Which entities are included in the VR Capital reporting group for ProPetro (PUMP)?
The reporting group includes VR Global Partners, L.P., VR Advisory Services Ltd, VR Capital Participation Ltd., VR Capital Group Ltd., VR Capital Holdings Ltd., and Richard Deitz as a control person.
Is the VR Capital stake in ProPetro (PUMP) reported as a passive investment?
Yes. The group certifies the securities were not acquired and are not held for the purpose of changing or influencing control of ProPetro, other than activities solely in connection with a nomination described under Item 11.
How many ProPetro (PUMP) shares outstanding were used to calculate VR Capital’s 5.7% ownership?
The ownership percentage is based on 122,616,976 shares of ProPetro common stock reported as outstanding as of April 24, 2026, as referenced in a Form 10-Q filed on April 30, 2026.
What voting and dispositive powers does VR Global Partners report over ProPetro (PUMP) shares?
The reporting persons state sole voting power and sole dispositive power over 7,024,019 shares of ProPetro common stock, with no shared voting or dispositive power reported.
Who signed the VR Capital ownership report related to ProPetro (PUMP)?
The report includes signatures by Emile du Toit as Authorized Person for the VR entities and by Richard Deitz for himself, all dated July 10, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ProPetro Holding Corp.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
74347M108
(CUSIP Number)
07/06/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
VR Advisory Services Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
VR Global Partners, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
VR Capital Participation Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
CO, HC
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
VR Capital Group Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
CO, HC
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
VR Capital Holdings Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
CO, HC
SCHEDULE 13G
CUSIP Number(s):
74347M108
1
Names of Reporting Persons
Deitz Richard
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,024,019.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
7,024,019.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,024,019.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.7 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ProPetro Holding Corp.
(b)
Address of issuer's principal executive offices:
One Marienfeld Place, 110 North Marienfeld, Suite 300, Midland, Texas, 79701
Item 2.
(a)
Name of person filing:
The Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"):
(i) VR Global Partners, L.P. (the "Fund");
(ii) VR Advisory Services Ltd ("VR");
(iii) VR Capital Participation Ltd. ("VRCP");
(iv) VR Capital Group Ltd. ("VRCG");
(v) VR Capital Holdings Ltd. ("VRCH"); and
(vi) Richard Deitz.
(b)
Address or principal business office or, if none, residence:
For the Fund, VRCP, VRCG and VRCH: c/o Intertrust (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, KY1-9005, Cayman Islands
For VR: 601 Lexington Avenue, 59th Floor, New York, New York, 10022, USA
For Mr. Deitz: The Kensington Building, 1 Wrights Lane, Fourth Floor, London W8 5RY, United Kingdom
(c)
Citizenship:
(i) The Fund is a Cayman Islands exempted limited partnership;
(ii) VR is a Cayman Islands exempted company;
(iii) VRCP is a Cayman Islands exempted company;
(iv) VRCG is a Cayman Islands exempted company;
(v) VRCH is a Cayman Islands exempted company; and
(vi) Mr. Deitz is a United States citizen.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP Number(s):
74347M108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
7,024,019 shares of Common Stock of ProPetro Holding Corp. (the "Issuer") reported as beneficially owned herein are directly held by the Fund. VR, as the general partner and investment adviser of the Fund, may be deemed to exercise voting and investment power over the 7,024,019 shares of Common Stock held by the Fund and thus may be deemed to beneficially own such shares of Common Stock. VRCP, as the sole shareholder of VR, also may be deemed to beneficially own the 7,024,019 shares of Common Stock held by the Fund. VRCG, as the sole shareholder of VRCP, also may be deemed to beneficially own the 7,024,019 shares of Common Stock held by the Fund. VRCH, as the sole shareholder of VRCG, also may be deemed to beneficially own the 7,024,019 shares of Common Stock held by the Fund. Mr. Deitz, as the control person of VR and VRCP, also may be deemed to beneficially own the 7,024,019 shares of Common Stock held by the Fund.
(b)
Percent of class:
As of the date hereof, each of the Fund, VR, VRCP, VRCG, VRCH and Mr. Deitz may be deemed to beneficially own 7,024,019 shares of Common Stock of the Issuer, representing approximately 5.7% of the shares of Common Stock outstanding.
The above percentages are based on 122,616,976 shares of Common Stock reported as outstanding as of April 24, 2026, in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on April 30, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
7024019
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
7024019
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
VR Advisory Services Ltd
Signature:
/s/ Emile du Toit
Name/Title:
Emile du Toit / Authorized Person
Date:
07/10/2026
VR Global Partners, L.P.
Signature:
/s/ Emile du Toit
Name/Title:
Emile du Toit / Authorized Person of VR Advisory Services Ltd, its general partner
