ProPetro Holding

PUMP · NYSE

$7.63−$0.17 (−2.18%)TodayMarket closed ·
Prev close $7.80

About PUMP

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. The company is headquartered in Midland, Texas and currently employs 1,700 full-time employees. The company went IPO on 2017-03-17. The firm is focused on providing hydraulic fracturing, wireline, and other complementary energy and power generation services to upstream oil and gas companies engaged in the exploration and production (E&P) of North American oil and natural gas resources. Its segments include hydraulic fracturing, wireline, cementing and power generation services. Its hydraulic fracturing fleets range from approximately 50,000 to 80,000 high horsepower (HHP) depending on the job design and customer demand at the wellsite. The company owns and operates a fleet of mobile wireline units and other auxiliary equipment to perform well completion services. The company provides cementing services for the completion of new wells and remedial work on existing wells. Its PROPWR business provides power generation services to oil and gas producers and for non-oil and gas applications such as general industrial projects and data centers.

Employees
1,700
Headquarters
Midland, Texas
Listed
Mar 17, 2017
Sector
Energy
Industry
Energy Equipment & Services

Leadership

ProPetro Holding executives
NameTitleSince
Phillip Gobe—2019
Adam Munoz——
Samuel Sledge—2020
Caleb Weatherl——
Celina Davila——
John Mitchell——
Shelby Fietz——
Anthony Best——
Spencer Armour—2013
Mark Berg——
Michele Choka——
G. Larry Lawrence——
Mary Ricciardello——
Alex Volkov——
Matt Augustine—2022

Revenue by product and region

Fiscal year ended Dec 31, 2020: $789.23M total revenue

By product

  • Pressure Pumping$773.47M98.0%
  • All Other$15.76M2.0%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

ProPetro Holding suppliers and customers
CompanyRelationshipCorrelation
Pioneer Natural Resources PXDSupplier and customer0.90
ConocoPhillips COPCustomer0.90
Continental Resources CLRCustomer0.88
Coterra Energy CTRACustomer0.85
Solaris Oilfield Infra A SOISupplier0.80
Endeavor Energy Resources LPCustomer—
RigNet, Inc. RNETSupplier—

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