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PUMP

ProPetro Holding Corp.

https://www.propetroservices.com

Industry

Oil & Gas Equipment & Services

ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services. The company serves oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. As of December 31, 2021, its fleet comprised 12 hydraulic fracturing units with 1,423,000 hydraulic horsepower. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.

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Propetro expects its capital expenditures for the full year 2024 to range between $200M-$250M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:08 pm

ProPetro Holding (NYSE:PUMP) reported a Q4 EPS of $(0.16), a significant decrease from the previous year's $0.12 per share. Quarterly sales were $347.78M, missing the $359.44M estimate and marking a slight decrease from last year's $348.92M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:07 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

ProPetro Holding (NYSE:PUMP) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.09. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 3.44% drop. Shares are currently trading at $8.3, down 8.66% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 7:01 pm

Benchmark analyst Kurt Hallead has downgraded ProPetro Holding (NYSE:PUMP) from Buy to Hold, indicating a change in the stock's outlook.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:04 pm

The article identifies five value stocks in the energy sector based on their low P/E ratios, suggesting they may be undervalued. Coterra Energy (CTRA), Petrobras Brasileiro (PBR), Murphy Oil (MUR), RPC (RES), and ProPetro Holding (PUMP) are highlighted. The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating mixed financial performance in the recent quarter.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:39 pm

Benzinga Insights identifies value stocks in the energy sector with low P/E ratios, suggesting potential undervaluation. PrimeEnergy Resources (PNRG) saw an EPS increase from $3.82 to $4.13. RPC (RES) reported a decrease in EPS from $0.3 to $0.08 and a slight dividend yield increase. ProPetro Holding (PUMP) experienced a slight decrease in EPS from $0.34 to $0.31. San Juan Basin Royalty (SJT) reported a decrease in EPS from $0.17 to $0.08 and a small drop in dividend yield. SilverBow Resources (SBOW) had a significant EPS increase from $1.1 to $2.94. Value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 2:39 pm

The article identifies ProPetro Holding (PUMP), YPF (YPF), Global Partners (GLP), Baytex Energy (BTE), and Sunoco (SUN) as notable value stocks in the energy sector based on their low P/E multiples. It highlights their recent earnings per share (EPS) and changes in dividend yields. ProPetro and Global Partners saw a decrease in EPS, while Sunoco reported an increase. YPF's EPS decreased significantly, and Baytex Energy's dividend yield dropped notably.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:39 pm

ProPetro has acquired the assets and business operations of Par Five Energy Services LLC, which specializes in cementing services in the Delaware Basin. The terms of the acquisition were not disclosed. The acquired business will be integrated with ProPetro's existing cementing team and brand. ProPetro's management expects the acquisition to increase its 2024 Adjusted EBITDA by about $10 million and convert 80-90% of that EBITDA into free cash flow.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 12:10 pm

ProPetro Holding (NYSE:PUMP) reported Q3 earnings of $0.31 per share, beating the analyst consensus estimate of $0.29 by 6.9%. This is a 210% increase from the same period last year. The company also reported quarterly sales of $423.80 million, beating the analyst consensus estimate of $412.92 million by 2.63%. This is a 27.26% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:04 am

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