ProPetro Holding Corp. (PUMP)

In April 2025, ProPetro announced and reported its First Quarter 2025 earnings. In May 2025, PROPWR secured a 10-year contract for 80 megawatts of power capacity, and the company extended its $200 million share repurchase program to December 2026. In July 2025, ProPetro announced and reported its Second Quarter 2025 earnings, appointed a new CFO, and experienced a sequential decrease in revenue and a net loss, but demand for next-generation services remained strong. In October 2025, ProPetro announced its Third Quarter 2025 earnings call, saw its stock trending up following a new contract announcement, and PROPWR signed a long-term agreement to supply 60 megawatts of power to a data center, causing the stock to surge; analysts have a "Buy" consensus rating with an average price target of $7.50.

Demand for ProPetro's products and services is subject to seasonal fluctuations, with increased demand for heating oil and natural gas during winter and gasoline during summer. Refineries typically undergo maintenance in the fall and spring, which can lead to lower crude demand. ProPetro anticipates "normal holiday seasonality" in the fourth quarter, which can result in a slight reduction in activity due to customers taking time off.

ProPetro Holding Corp. is an integrated oilfield services company based in Midland, Texas, focused on North American unconventional oil and natural gas resources. Its core services include hydraulic fracturing, wireline services, cementing, coiled tubing, and flowback services. The company also offers power generation services through its PROPWR division and distinguishes itself through its advanced equipment and focus on environmentally friendly electric and dual-fuel fleets.

ProPetro Holding Corp. primarily operates in the Permian Basin, located in West Texas and New Mexico. While its core oilfield services are centered there, the PROPWR business has potential to expand to other geographies and industries in the future.

ProPetro Holding Corp. has a strong reputation for operational excellence, innovative solutions, and a commitment to safety since 2004. The company aims to enhance the efficiency and productivity of oil and gas wells through superior hydraulic fracturing services. The expansion of its PROPWR division and securing long-term power contracts with data centers could positively impact its reputation as an innovator and a provider of cutting-edge energy solutions beyond traditional oilfield services.

ProPetro Holding Corp. has a diverse ownership structure, including institutional owners such as BlackRock, Inc., Vanguard Group Inc, and State Street Corp. Energy Capital Partners II LLC is the largest individual shareholder, owning 39.87% of the company's shares. Insider trading activity in the past three months has shown more shares sold than bought by insiders.