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Articles from ProPetro Holding Corp.

ProPetro Announces Fourth Quarter 2024 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its fourth quarter of 2024 earnings release on Wednesday, February 19, 2025, before the opening of trading. ProPetro will also host a conference call on Wednesday, February 19, 2025 at 8:00 AM Central Time to discuss its fourth quarter results.
By ProPetro Holding Corp. · Via Business Wire · January 17, 2025
ProPetro Announces Contract for a 4th FORCE® Electric Hydraulic Fracturing Fleet
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) has entered into a term contract to provide electric hydraulic fracturing services to a large independent Permian-focused oil and gas operator.
By ProPetro Holding Corp. · Via Business Wire · December 19, 2024
ProPetro Announces ProPWR℠ Power Generation Business
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) today announced a new subsidiary, ProPetro Energy Solutions, LLC, that will do business as ProPWRSM (pronounced as “Pro – power”) and its initial order of over 110 megawatts of mobile natural gas-fueled power generation equipment for use across multiple oilfield and industrial applications.
By ProPetro Holding Corp. · Via Business Wire · December 10, 2024
ProPetro Reports Financial Results for the Third Quarter of 2024
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the third quarter of 2024.
By ProPetro Holding Corp. · Via Business Wire · October 30, 2024
ProPetro Announces Third Quarter 2024 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) 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.
By ProPetro Holding Corp. · Via Business Wire · October 3, 2024
ProPetro Reports Financial Results for the Second Quarter of 2024
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the second quarter of 2024.
By ProPetro Holding Corp. · Via Business Wire · July 31, 2024
ProPetro Announces Second Quarter 2024 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its second quarter of 2024 earnings release on Wednesday, July 31, 2024, before the opening of trading. ProPetro will also host a conference call on Wednesday, July 31, 2024, at 8:00 AM Central Time to discuss its second quarter results.
By ProPetro Holding Corp. · Via Business Wire · July 11, 2024
ProPetro Acquires Aqua Prop, an Innovative Wet Sand Solutions Provider
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) 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.
By ProPetro Holding Corp. · Via Business Wire · June 3, 2024
ProPetro Appoints Alex Volkov to Board of Directors
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) 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”).
By ProPetro Holding Corp. · Via Business Wire · May 13, 2024
ProPetro Reports Financial Results for the First Quarter of 2024
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the first quarter of 2024.
By ProPetro Holding Corp. · Via Business Wire · May 1, 2024
ProPetro Announces Agreement for FORCESM Electric Hydraulic Fracturing Services
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) has entered into a three year Hydraulic Fracturing Services Agreement (the "Agreement”) to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin.
By ProPetro Holding Corp. · Via Business Wire · April 29, 2024
ProPetro Increases Share Repurchase Authorization to $200 million
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced that the Company's Board of Directors approved an increase and extension of ProPetro's share repurchase program. The program permits the repurchase of up to an additional $100 million of the Company's common shares for a total of $200 million and extends the expiration date by one year to May 31, 2025.
By ProPetro Holding Corp. · Via Business Wire · April 24, 2024
ProPetro Announces First Quarter 2024 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its first quarter of 2024 earnings release on Wednesday, May 1, 2024, before the opening of trading. ProPetro will also host a conference call on Wednesday, May 1, 2024, at 8:00 AM Central Time to discuss its first quarter results.
By ProPetro Holding Corp. · Via Business Wire · April 4, 2024
ProPetro Reports Financial Results for the Fourth Quarter and Full Year of 2023
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the fourth quarter and full year of 2023.
By ProPetro Holding Corp. · Via Business Wire · February 21, 2024
ProPetro Announces Fourth Quarter 2023 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its fourth quarter of 2023 earnings release on Wednesday, February 21, 2024, before the opening of trading. ProPetro will also host a conference call on Wednesday, February 21, 2024 at 8:00 AM Central Time to discuss its fourth quarter results.
By ProPetro Holding Corp. · Via Business Wire · January 11, 2024
ProPetro Acquires Par Five Energy Services Creating a Leading Permian Cementing Services Company
ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSEPUMP) 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 businesses.
By ProPetro Holding Corp. · Via Business Wire · December 4, 2023
ProPetro Appoints Chief Commercial Officer and Chief Accounting Officer
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) 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.
By ProPetro Holding Corp. · Via Business Wire · November 28, 2023
ProPetro Reports Financial Results for the Third Quarter of 2023
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the third quarter of 2023.
By ProPetro Holding Corp. · Via Business Wire · November 1, 2023
ProPetro Issues Inaugural ProPetro ProEnergy ProPeople Sustainability Report
ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSEPUMP) today published its inaugural Sustainability Report. The report describes the Company’s commitment to building a sustainable business that supports the safe, reliable production of the energy the world needs by offering competitive, value-driving services to customers, while benefitting ProPetro's shareholders, communities, and other stakeholders. ProPetro actively seeks to promote the success of its employees and reduce the environmental impact of its operations.
By ProPetro Holding Corp. · Via Business Wire · October 25, 2023
ProPetro Announces Third Quarter 2023 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its third quarter of 2023 earnings release on Wednesday, November 1, 2023, before the opening of trading. ProPetro will also host a conference call on Wednesday, November 1, 2023, at 8:00 AM Central Time to discuss its third quarter results.
By ProPetro Holding Corp. · Via Business Wire · September 26, 2023
ProPetro Reports Financial Results for the Second Quarter of 2023
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the second quarter of 2023.
By ProPetro Holding Corp. · Via Business Wire · August 2, 2023
ProPetro Announces Second Quarter 2023 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its second quarter of 2023 earnings release on Wednesday, August 2, 2023, before the opening of trading. ProPetro will also host a conference call on Wednesday, August 2, 2023, at 8:00 AM Central Time to discuss its second quarter results.
By ProPetro Holding Corp. · Via Business Wire · June 29, 2023
ProPetro to Present at the J.P. Morgan 2023 Energy, Power, and Renewables Conference
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) today announced that Sam Sledge, the Company’s Chief Executive Officer, will present at the J.P. Morgan Energy, Power & Renewables Conference on Thursday, June 22, 2023, at 2:20 p.m. EDT.
By ProPetro Holding Corp. · Via Business Wire · June 21, 2023
ProPetro Announces Credit Expansion and Extension to 2028
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced the expansion and extension of its existing asset-based loan facility (the “Amended ABL”) to a new five-year term and an expansion of commitments from $150 million to $225 million. The Amended ABL will extend the maturity from 2027 to 2028 and, through updated advance formulas and other provisions, provide enhanced availability and liquidity for the Company.
By ProPetro Holding Corp. · Via Business Wire · June 5, 2023
ProPetro Announces $100 Million Share Repurchase Program
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced approval by the Board of Directors of a $100 million share repurchase program.
By ProPetro Holding Corp. · Via Business Wire · May 17, 2023
ProPetro Reports Financial Results for the First Quarter of 2023
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the first quarter of 2023.
By ProPetro Holding Corp. · Via Business Wire · May 3, 2023
ProPetro Announces First Quarter 2023 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its first quarter of 2023 earnings release on Wednesday, May 3, 2023 before the opening of trading. ProPetro will also host a conference call on Wednesday, May 3, 2023 at 8:00 AM Central Time to discuss its first quarter results.
By ProPetro Holding Corp. · Via Business Wire · April 6, 2023
ProPetro Reports Financial Results for the Fourth Quarter and Full Year of 2022
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the fourth quarter and full year of 2022.
By ProPetro Holding Corp. · Via Business Wire · February 21, 2023
ProPetro Appoints Mary Ricciardello to Board of Directors
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) 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.
By ProPetro Holding Corp. · Via Business Wire · January 23, 2023
ProPetro Announces Fourth Quarter 2022 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its fourth quarter of 2022 earnings release on Tuesday, February 21, 2023 after the close of trading. ProPetro will host a conference call on Wednesday, February 22, 2023 at 8:00 AM Central Time to discuss its fourth quarter results.
By ProPetro Holding Corp. · Via Business Wire · January 10, 2023
ProPetro Announces General Counsel Transition
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced the appointment of John J. (“Jody”) Mitchell as General Counsel and Corporate Secretary, effective January 1, 2023. Mr. Mitchell, who currently serves as Vice President and Deputy General Counsel of ProPetro, will succeed Newton W. (“Trey”) Wilson III, who will retire, effective December 31, 2022.
By ProPetro Holding Corp. · Via Business Wire · December 19, 2022
ProPetro’s First Electric Frac Fleet Contracted Under a Multi-Year Agreement With Leading Permian Operator
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced it has executed a contract with a leading independent Permian operator for use of ProPetro’s first electric-powered hydraulic fracturing fleet (“e-fleet”). Under the agreement, ProPetro will provide committed services for a three-year period following the delivery of the e-fleet.
By ProPetro Holding Corp. · Via Business Wire · December 6, 2022
ProPetro Reports Financial Results for the Third Quarter of 2022
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the third quarter of 2022.
By ProPetro Holding Corp. · Via Business Wire · November 1, 2022
ProPetro Acquires Silvertip Creating a Leading Completions-Focused Oilfield Services Company
ProPetro Holding Corp. ("ProPetro" or the “Company”) (NYSEPUMP), an oilfield services company providing completions services to upstream oil and gas companies, today announced it has acquired Silvertip Completion Services Operating, LLC ("Silvertip"), a provider of wireline perforating and pumpdown services solely in the Permian Basin, creating a leading completions-focused oilfield services company headquartered in the Permian Basin. The transaction consideration consisted of the issuance of 10.1 million shares of ProPetro common stock, $30 million of cash, the payoff of approximately $7 million of assumed debt, and certain other transaction costs, subject to customary post-closing adjustments, which implies a value of $150 million based upon a 15-day volume weighted average price ("VWAP") of ProPetro’s stock price as of October 27, 2022.
By ProPetro Holding Corp. · Via Business Wire · November 1, 2022
ProPetro Announces Third Quarter 2022 Earnings Call
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its third quarter of 2022 earnings release on Tuesday, November 1, 2022 after the close of trading. ProPetro will host a conference call on Wednesday, November 2, 2022 at 8:00 AM Central Time to discuss its third quarter results.
By ProPetro Holding Corp. · Via Business Wire · September 29, 2022
ProPetro Announces Divestiture of Coiled Tubing Assets
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that STEP Energy Services (USA) Ltd., a subsidiary of STEP Energy Services Ltd. (“STEP”) (TSX: STEP) has acquired ProPetro’s Coiled Tubing assets, which were used for services including frac plug mill-out, wellbore clean-out, tubing-conveyed perforating and nitrogen pumping. ProPetro elected to receive consideration in the form of cash and shares in STEP, reflecting ProPetro’s confidence in STEP’s ability to grow the business and create value.
By ProPetro Holding Corp. · Via Business Wire · September 1, 2022
ProPetro Enters into Binding Term Sheet to Fully Resolve Class Action Litigation
ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it has entered into a binding term sheet (the "Term Sheet") to fully resolve the previously disclosed putative class action litigation referred to by the Company as the Logan Lawsuit and captioned Nykredit Portefølje Administration A/S, et al. v. ProPetro Holding Corp. et al., Case No. MO:7:19-CV-00217-DC, which was filed in the United States District Court for the Western District of Texas (the "Logan Lawsuit").
By ProPetro Holding Corp. · Via Business Wire · August 23, 2022
ProPetro Announces Electric Fleet Orders and Lease Agreement
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced it has executed a long-term lease agreement for two electric frac fleets with expected delivery in the third quarter of 2023.
By ProPetro Holding Corp. · Via Business Wire · August 22, 2022
ProPetro Reports Financial Results for the Second Quarter of 2022
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the second quarter of 2022.
By ProPetro Holding Corp. · Via Business Wire · August 2, 2022
ProPetro Announces Second Quarter 2022 Earnings Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its second quarter of 2022 earnings release on Tuesday, August 2, 2022 after the close of trading. ProPetro will host a conference call on Wednesday, August 3, 2022 at 8:00 AM Central Time to discuss its second quarter results.
By ProPetro Holding Corp. · Via Business Wire · June 30, 2022
ProPetro Reports Financial Results for the First Quarter of 2022
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the first quarter of 2022.
By ProPetro Holding Corp. · Via Business Wire · May 3, 2022
ProPetro Announces Term Extension of Existing Credit Facility
On April 13, 2022, ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) announced the extension of its existing asset-based loan facility (the “Amended ABL”) to a five-year term and a reduction of commitments from $300 million to $150 million. The Amended ABL will extend the maturity from 2023 to 2027 and, through updated advance formulas and other provisions, provide enhanced availability with improved pricing. No advances under the Amended ABL are currently outstanding.
By ProPetro Holding Corp. · Via Business Wire · April 13, 2022
ProPetro Announces First Quarter 2022 Earnings Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its first quarter of 2022 earnings release on Tuesday, May 3, 2022 after the close of trading. ProPetro will host a conference call on Wednesday, May 4, 2022 at 8:00 AM Central Time to discuss its first quarter results.
By ProPetro Holding Corp. · Via Business Wire · April 1, 2022
ProPetro Reports Financial Results for the Fourth Quarter of 2021
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the fourth quarter of 2021.
By ProPetro Holding Corp. · Via Business Wire · February 22, 2022
ProPetro Announces Executive Chairman’s Continued Transition
ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSEPUMP) today announced the planned transition of Phillip Gobe, the Company’s Executive Chairman, to non-executive Chairman of the Board effective March 31, 2022.
By ProPetro Holding Corp. · Via Business Wire · February 17, 2022
ProPetro Announces Fourth Quarter 2021 Earnings Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its fourth quarter of 2021 earnings release on Tuesday, February 22, 2022, after the close of trading. ProPetro will host a conference call on Wednesday, February 23, 2022, at 8:00 AM Central Time to discuss its fourth quarter results.
By ProPetro Holding Corp. · Via Business Wire · January 20, 2022
ProPetro Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter
ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSEPUMP) today announced that it has entered into a settlement with the U.S. Securities and Exchange Commission (the “SEC”), resolving the previously disclosed SEC investigation relating to the Company. The Company was not required to pay any monetary penalty and has no ongoing undertakings in connection with the settlement.
By ProPetro Holding Corp. · Via Business Wire · November 22, 2021
CORRECTING and REPLACING ProPetro Reports Financial Results for the Third Quarter of 2021
Please replace the release with the following corrected version due to multiple revisions.
By ProPetro Holding Corp. · Via Business Wire · November 2, 2021
CORRECTING and REPLACING ProPetro Reports Financial Results for the Third Quarter of 2021
Please replace the release with the following corrected version due to multiple revisions.
By ProPetro Holding Corp. · Via Business Wire · November 2, 2021
ProPetro Reports Financial Results for the Third Quarter of 2021
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the third quarter of 2021.
By ProPetro Holding Corp. · Via Business Wire · November 2, 2021
ProPetro Announces Third Quarter 2021 Earnings Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its third quarter of 2021 earnings release on Tuesday, November 2, 2021 after the close of trading. ProPetro will host a conference call on Wednesday, November 3, 2021 at 8:00 AM Central Time to discuss its third quarter results.
By ProPetro Holding Corp. · Via Business Wire · October 5, 2021
ProPetro Announces Pricing Improvements and Additional Dual-Gas Lower Emissions Conversions
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced an order for 50 Tier IV Dynamic Gas Blending (“DGB”) pumping unit conversions for approximately $74 million. The 50 pumping units will be used to convert existing Tier II diesel units to lower emissions Tier IV DGB dual-gas engines with deliveries beginning in December 2021 and continuing through the first half of 2022.
By ProPetro Holding Corp. · Via Business Wire · September 29, 2021
ProPetro Reports Financial Results for the Second Quarter of 2021
ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSEPUMP) today announced financial and operational results for the second quarter of 2021.
By ProPetro Holding Corp. · Via Business Wire · August 3, 2021
ProPetro Announces Next Steps in Planned Executive Leadership Transition
ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSEPUMP) today announced the further transition for certain key roles within its executive leadership team that will be effective August 31,2021. This includes:
By ProPetro Holding Corp. · Via Business Wire · July 27, 2021
ProPetro Schedules Second Quarter 2021 Earnings Release Date and Conference Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its second quarter 2021 earnings release on Tuesday, August 3, 2021, after the close of trading. ProPetro will host a conference call on Wednesday, August 4, 2021, at 8:00 AM Central Time to discuss its second quarter results.
By ProPetro Holding Corp. · Via Business Wire · July 6, 2021
ProPetro Schedules First Quarter 2021 Earnings Release Date and Conference Call
ProPetro Holding Corp. (“ProPetro”) (NYSEPUMP) today announced that it will issue its first quarter 2021 earnings release on Tuesday, May 4, 2021 after the close of trading. ProPetro will host a conference call on Wednesday, May 5, 2021 at 8:00 AM Central Time to discuss its first quarter results.
By ProPetro Holding Corp. · Via Business Wire · April 20, 2021