The deal structure includes cash consideration, future earnout incentives, and potential growth capex considerations tailored to support and align with Aqua Prop and ProPetro growth targets and objectives, a construct designed to maximize value creation for ProPetro shareholders.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2024 | Buy → Hold | The Benchmark Company | |
| 7/19/2023 | Hold → Buy | The Benchmark Company | |
| 1/19/2023 | Hold | The Benchmark Company | |
| 1/17/2023 | $12.00 | Buy → Neutral | Citigroup |
| 1/10/2023 | $14.00 | Equal Weight → Overweight | Barclays |
| 5/26/2022 | $16.00 → $14.00 | Overweight → Underweight | JP Morgan |
| 5/5/2022 | Hold → Buy | Tudor, Pickering, Holt & Co. | |
| 3/7/2022 | $12.00 → $16.50 | Neutral | Piper Sandler |
SC 13G/A - ProPetro Holding Corp. (0001680247) (Subject)
SC 13G - ProPetro Holding Corp. (0001680247) (Subject)
SC 13D/A - ProPetro Holding Corp. (0001680247) (Subject)
4 - ProPetro Holding Corp. (0001680247) (Issuer)
The Benchmark Company downgraded ProPetro from Buy to Hold
The Benchmark Company upgraded ProPetro from Hold to Buy
The Benchmark Company initiated coverage of ProPetro with a rating of Hold
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE:PUMP) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 Results and Highlights Total revenue of $361 million increased 1% compared to the prior quarter. Net loss was $137 million ($1.32 loss per diluted share) as compared to a net loss of $4 million in the prior quarter ($0.03 loss per diluted share). The net loss in the third quarter included a noncash impairment expense of $189 million related to the Company's Tier II diesel-only pumping units and related conventional equipment in our hydraulic fracturing operating segment which currently represent a diminishing part of our
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced that it will issue its third quarter of 2024 earnings release on Wednesday, October 30, 2024, before the opening of trading. ProPetro will also host a conference call on Wednesday, October 30, 2024, at 8:00 AM Central Time to discuss its third quarter results. To access the conference call, U.S. callers may dial toll free 1-844-340-9046 and international callers may dial 1-412-858-5205. Please call ten minutes ahead of the scheduled start time to ensure a proper connection. The call will also be webcast on ProPetro's website, www.propetroservices.com. A replay of the conference call will be available for one
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE:PUMP) today announced financial and operational results for the second quarter of 2024. Second Quarter 2024 Results and Highlights Total revenue of $357 million decreased 12% compared to the prior quarter. Net loss was $4 million ($0.03 loss per diluted share) as compared to net income of $20 million in the prior quarter ($0.18 income per diluted share). Adjusted EBITDA(1) of $66 million was 19% of revenue and decreased 29% compared to the prior quarter. Net cash provided by operating activities was $105 million with Free Cash Flow(2) of $48 million. Year-to-date net cash provided by operating activities, Free Cash
10-Q - ProPetro Holding Corp. (0001680247) (Filer)
8-K - ProPetro Holding Corp. (0001680247) (Filer)
144 - ProPetro Holding Corp. (0001680247) (Subject)
4 - ProPetro Holding Corp. (0001680247) (Issuer)
4 - ProPetro Holding Corp. (0001680247) (Issuer)
4 - ProPetro Holding Corp. (0001680247) (Issuer)
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE:PUMP) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 Results and Highlights Total revenue of $361 million increased 1% compared to the prior quarter. Net loss was $137 million ($1.32 loss per diluted share) as compared to a net loss of $4 million in the prior quarter ($0.03 loss per diluted share). The net loss in the third quarter included a noncash impairment expense of $189 million related to the Company's Tier II diesel-only pumping units and related conventional equipment in our hydraulic fracturing operating segment which currently represent a diminishing part of our
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced that it will issue its third quarter of 2024 earnings release on Wednesday, October 30, 2024, before the opening of trading. ProPetro will also host a conference call on Wednesday, October 30, 2024, at 8:00 AM Central Time to discuss its third quarter results. To access the conference call, U.S. callers may dial toll free 1-844-340-9046 and international callers may dial 1-412-858-5205. Please call ten minutes ahead of the scheduled start time to ensure a proper connection. The call will also be webcast on ProPetro's website, www.propetroservices.com. A replay of the conference call will be available for one
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE:PUMP) today announced financial and operational results for the second quarter of 2024. Second Quarter 2024 Results and Highlights Total revenue of $357 million decreased 12% compared to the prior quarter. Net loss was $4 million ($0.03 loss per diluted share) as compared to net income of $20 million in the prior quarter ($0.18 income per diluted share). Adjusted EBITDA(1) of $66 million was 19% of revenue and decreased 29% compared to the prior quarter. Net cash provided by operating activities was $105 million with Free Cash Flow(2) of $48 million. Year-to-date net cash provided by operating activities, Free Cash
Stifel analyst Stephen Gengaro maintains ProPetro Holding (NYSE:PUMP) with a Buy and lowers the price target from $13 to $12.
The deal structure includes cash consideration, future earnout incentives, and potential growth capex considerations tailored to support and align with Aqua Prop and ProPetro growth targets and objectives, a construct designed to maximize value creation for ProPetro shareholders.
As of May 22, 2024, five stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. NextDecade Corporation (NASDAQ:NEXT) On May 20, Abu Dhabi Oil & Gas giant ADNOC announced it secur
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced that, effective May 8, 2024, Alex Volkov has been appointed to its Board of Directors (the "Board") as ExxonMobil's designee pursuant to the Investor Rights Agreement (the "Investor Rights Agreement"), dated as of December 31, 2018, by and between the Company and Pioneer Natural Resources Pumping Services LLC, a Delaware limited liability company ("Pioneer"), and a wholly owned subsidiary of Exxon Mobil Corporation ("ExxonMobil"). Mr. Volkov is currently the Transition Executive responsible for planning the integration of Pioneer Natural Resources Company with ExxonMobil's Unconventional business. Additionall
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced that it has appointed Shelby Fietz as its Chief Commercial Officer ("CCO") and Celina Davila as its Chief Accounting Officer ("CAO"), effective November 26, 2023. Chief Commercial Officer Appointment Sam Sledge, Chief Executive Officer, said, "I'm pleased to announce Shelby Fietz's promotion to Chief Commercial Officer of ProPetro. With over a decade of experience here at ProPetro, Shelby has been instrumental in leading our commercial execution and maintaining key customer relationships. His expertise is crucial as our industry evolves towards an industrial model, necessitating sophisticated multi-service
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:PUMP) today announced that it has appointed Mary P. Ricciardello to its Board of Directors (the "Board"), effective January 20, 2023. Ms. Ricciardello is a seasoned financial executive with over thirty years of experience serving on boards, and as an executive in finance and accounting roles, in the energy industry. Phillip Gobe, Chairman of the ProPetro Board, said, "We are pleased to welcome Mary to the ProPetro Board and look forward to benefitting from her deep industry knowledge as we create a stronger, more resilient, and diversified company. Mary's appointment demonstrates our ongoing commitment to maintaining a highly diver