PUMP - Mergers and acquisitions

ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced the acquisition of Aqua Prop LLC ("Aqua Prop"), an innovative provider of cost-effective wet sand solutions. The all cash acquisition, initially valued at $35.6 million, net of working capital, advances ProPetro's commitment to delivering more integrated and industrial solutions while adding value for all stakeholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240603121051/en/(Graphic: Business Wire) Sam Sledge, CEO of ProPetro, stated, "The acquisition of Aqua Prop aligns seamlessly with our strategy of pursuing more innovation and integration

ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) has announced the successful acquisition of the assets and business operations of Par Five Energy Services LLC ("Par Five"). Specializing in cementing services in the Delaware Basin, Par Five's business complements ProPetro's existing cementing business that operates predominantly in the Midland Basin region of the Permian Basin. The acquired business will be integrated within ProPetro's existing cementing operating team and brand. This transaction forms a comprehensive cementing business to better serve Permian operators and is complementary to ProPetro's industry-leading hydraulic fracturing and wireline completions business