ProFrac Holding Corp. Class A (ACDC)

ProFrac Holding Corp.'s stock has experienced significant declines. There was a 42% pullback in the company's share price in the week leading up to August 18, 2025. On August 13, 2025, the stock dropped by 6.2% following the announcement of a larger-than-expected quarterly loss and a US$75 million underwritten public offering. Between November 11 and November 18, 2025, the share price fell by 11.06%. On November 10, 2025, ProFrac Holding Corp. reported lower-than-expected results for its third quarter of 2025, missing both earnings and revenue estimates.

Demand for ProFrac Holding Corp.'s products and services exhibits seasonality, with the fourth quarter typically being a period of seasonal weakness. The company has been impacted by deteriorating onshore activity levels. Demand for ProFrac's gas fleet has shown more resilience compared to its diesel fleet.

ProFrac Holding Corp. is a technology-focused energy services holding company in the United States, providing services and products to upstream oil and natural gas companies. It operates in Stimulation Services, Proppant Production, and Manufacturing, offering hydraulic fracturing, well stimulation, proppant production, and engineered equipment.

ProFrac Holding Corp. primarily operates throughout the United States, focusing on North American unconventional oil and natural gas resources. Key operational areas include West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and the Appalachian regions.

ProFrac Holding Corp.'s brand reputation has been affected by a challenging market and financial performance. The company's stock has underperformed both the US Energy Services industry and the broader US market. The company highlights positives such as a skilled workforce, operational efficiency, strategic acquisitions, and a commitment to ESG factors.

The ownership structure of ProFrac Holding Corp. includes institutional, insider, and public/individual investors. Insiders hold approximately 50.45% of the company's stock. THRC Holdings, LP, is the largest shareholder, owning 44% of outstanding shares. CEO Johnathan Wilks holds 0.8% of the company's shares. Major institutional owners include First Financial Bankshares Inc, Crestview Partners III GP, L.P., Bridgeway Capital Management Inc, Hotchkis & Wiley Capital Management Llc, BlackRock, Inc., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Empowered Funds, LLC, American Century Companies Inc, and Wells Fargo & Company/mn.