ProFrac Holding Corp. Class A (ACDC)

Over the past six months, ProFrac Holding Corp.'s stock has experienced a decline in share price, a proposed public offering of Class A common stock, and the pricing of this offering. The company reported a decrease in total revenue and a net loss in the second quarter of 2025. Analyst ratings have included "Strong Sell" recommendations, and there have been instances of insider buying activity. Some institutional investors decreased their stock holdings, while others increased their positions.

The demand for ProFrac Holding Corp.'s products and services exhibits seasonality, with the fourth quarter typically experiencing a slowdown. There is optimism for increased activity in the second half of 2025, driven by growing demand for AI-related power and continued strength in LNG demand. The company faced a challenging demand environment in 2025, with activity levels declining sharply in Q2.

ProFrac Holding Corp. is a technology-focused, vertically integrated energy services holding company operating in the United States, primarily in the Oil & Gas sector. It provides hydraulic fracturing, proppant production, and related completion services, along with manufacturing high horsepower pumps and related equipment. The company operates through Stimulation Services, Proppant Production, and Manufacturing segments.

ProFrac Holding Corp.'s operations are concentrated in key North American unconventional oil and natural gas resource regions, including West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and Appalachian basins.

ProFrac Holding Corp.'s brand reputation is closely tied to its financial performance and market conditions. The company's stock performance has been volatile, underperforming the US Energy Services industry and the broader US market. Negative events impacting the stock, such as the decline in share price and the decrease in revenue and net loss reported in Q2 2025, likely influenced public perception.

ProFrac Holding Corp.'s ownership structure includes institutional, insider, and individual investors. Insiders hold a significant portion of the company's stock. Major institutional owners include Crestview Partners III GP, L.P., First Financial Bankshares Inc, and BlackRock, Inc. THRC Holdings, LP owns the most shares of ProFrac Holding.