ProFrac Holding Corp

ProFrac Holding Corp. operates as a holding company with interest in manufacturing and distribution of fracturing units & pumps and provides related services. The company was founded on August 17, 2021 and is headquartered in Willow Park, TX.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

ProFrac Holding Corp reports robust Q4 performance and strategic growth

ProFrac Holding Corp's Q4 2022 earnings call highlighted strong financial performance, strategic focus on integration, and resilience in the market.
The company's emphasis on cash flow, fleet acquisitions, and customer preferences positions it well for future growth and profitability.
Management's commitment to operational efficiency and financial health underscores ProFrac's strategic direction and growth prospects.
Despite challenges in debt management and operational optimization, ProFrac Holding Corp remains optimistic about its market position and growth potential.

ProFrac Holding Corp (ACDC) reports robust Q1 earnings and outlines growth strategies

ProFrac Holding Corp (ACDC) delivered strong financial performance in Q1 2023, driven by revenue growth, operational efficiencies, and strategic initiatives. Despite challenges in the competitive landscape, the company is well-positioned to leverage opportunities for growth through technology adoption, market discipline, and capital optimization.

ProFrac reports robust Q2 earnings, eyes Proppant segment growth

ProFrac Holding Corp's Q2 2023 earnings call highlighted strong financial performance, strategic focus on growth segments, and optimism for industry conditions.
The company's emphasis on operational efficiency, debt reduction, and customer-centric strategies positions it well for future success and value creation.
While facing challenges in cost optimization and market uncertainties, ProFrac remains confident in its ability to drive EBITDA growth and deliver shareholder value.

ProFrac Holding Corp reports robust Q3 earnings and eyes LNG market growth

ProFrac Holding Corp's Q3 earnings call highlighted strong financial results, strategic adaptations for industry challenges, and a focus on generating free cash flow for deleveraging. With a positive outlook for LNG export demand and a commitment to gas markets, the company is well-positioned for growth.

ProFrac Holding Corp reports robust Q4 earnings and growth outlook

ProFrac Holding Corp's Q4 2023 performance reflects strong financial growth, strategic acquisitions, and a focus on operational efficiency and cost control
While facing challenges in certain segments, the company's overall resilience and commitment to restoring industry-leading operating costs position it for success in 2024
With opportunities in generating free cash flow, expanding revenue in key segments, and optimizing costs, ProFrac is poised for continued growth and value creation

ProFrac Holding Corp reports robust Q1 performance amidst market challenges

ProFrac Holding Corp's Q1 2024 performance showcased strong revenue and EBITDA figures, driven by cost control and operational efficiency.
While facing challenges in the Alpine segment, ProFrac's focus on customer experience and fleet expansion positions it well for future growth.
Opportunities lie in anticipated demand increase, market dynamics, and industry consolidation, which ProFrac can leverage for sustained success.

ProFrac Holding Corp excels in Q2, eyes growth through innovation

ProFrac Holding Corp delivered a strong Q2 performance driven by operational efficiency, market share gains, and strategic acquisitions.
Despite challenges in the Alpine segment, the company remains focused on innovation, cost management, and margin expansion to drive future growth.
With a solid financial foundation, a proactive approach to debt management, and a commitment to meeting customer demands, ProFrac is poised for continued success and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Mercer International

Weyerhaeuser

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.

Executives Buying Mercer International And 2 Other Stocks

Appian

CNX Resources

PBF Energy

Prospect Capital

Talos Energy Inc

24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.

Insiders Can't Get Enough of These 6 Stocks

Steel Connect

24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more.

Big Insider Buying by Carlos Slim and Other Repeat Buyers

Investors need to pay close attention to ProFrac Holding (ACDC) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in ProFrac Holding (ACDC) Stock?

ProFrac Holding shows resilient cash flows with 187% sequential growth in free cash flow in Q2 2024. ProFrac is a vertically integrated energy services company specializing in hydraulic fracturing and proppant production, with majority revenue from Stimulation Services. Recent savvy acquisitions strengthen ProFrac's vertical integration, positioning them as a low-cost operator with competitive advantages in the fracking market.

ProFrac Holding: Follow Free Cash Flow

ProFrac Holding Corp. (ACDC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.13 per share a year ago.

ProFrac Holding Corp. (ACDC) Q2 Earnings and Revenues Lag Estimates

ProFrac Holding Corp. (NASDAQ:ACDC ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Michael Messina - Director-Finance Matt Wilks - Executive Chairman Ladd Wilks - Chief Executive Officer Austin Harbour - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Dan Kutz - Morgan Stanley Saurabh Pant - Bank of America John Daniel - Daniel Energy Partners Operator Good day, ladies and gentlemen, and welcome to the ProFrac Holding Corp. Second Quarter Earnings Conference Call. All lines have been placed on a listen-only mode and the floor will be open for questions and comments following the presentation.

ProFrac Holding Corp. (ACDC) Q2 2024 Earnings Call Transcript

WILLOW PARK, Texas , Aug. 8, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its second quarter ended June 30, 2024. Second Quarter 2024 Results Total revenue was $579.4 million compared to first quarter revenue of $581.5 million Net loss was $65.6 million compared to net income of $3.0 million in the first quarter Adjusted EBITDA(1) was $135.6 million compared to $159.7 million in the first quarter Net cash provided by operating activities grew approximately 43% sequentially over the first quarter to $113.5 million Capital expenditures totaled $61.9 million Free cash flow(2) grew 187% sequentially to $74.0 million Matt Wilks, ProFrac's Executive Chairman, stated, "Overall, the market for our services has been challenged as operators have reduced drilling and completion activity, particularly in natural gas regions.

ProFrac Holding Corp. Reports Second Quarter 2024 Results

ProFrac Holding Corp. (ACDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ProFrac Holding Corp. (ACDC) Reports Next Week: What to Expect

WILLOW PARK, Texas , July 24, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its second quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Schedule

Exelixis

FTAI Aviation Ltd

MCBC Hlds

Oxford Lane Capital

GeneDx Holdings Corp

With the earnings-reporting season having all but concluded, the windows for making insider purchases are generally open.

Insider Buying Heats Up at Fracker, Aircraft and Boat Makers, and More

Allogene Therapeutics Inc

Shift4 Payments

Privia Health Group

Vestis Corp

With the earnings-reporting season winding down, the windows for making insider purchases are opening up.

Insider Buying of These 6 Stocks Surges: Fracking, Boats, a Buyout Candidate

Newpark Resources

Southwestern Energy

Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago.

Oil's Penny Powerhouses: 3 Small-Cap Stocks Gushing with Potential

WILLOW PARK, Texas , May 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Lance Turner will resign from his position as Chief Financial Officer (CFO) effective June 17, 2024. Mr. Turner has agreed to serve as a consultant following his separation from the Company to ensure a smooth and successful transition to the new CFO, Austin Harbour.

ProFrac Holding Corp. Announces CFO Transition

ProFrac Holding Corp. (ACDC) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.91 per share a year ago.

ProFrac Holding Corp. (ACDC) Q1 Earnings Meet Estimates

ProFrac Holding Corp. (NASDAQ:ACDC ) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Michael Messina - Director of Finance Matt Wilks - Executive Chairman & President Ladd Wilks - Chief Executive Officer Lance Turner - Chief Financial Officer Conference Call Participants Blake McLean - Daniel Energy Partners Stephen Gengaro - Stifel Saurabh Pant - Bank of America Don Crist - Johnson Rice Operator Greetings, and welcome to the ProFrac Holding Corp. First Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

ProFrac Holding Corp. (ACDC) Q1 2024 Earnings Call Transcript

WILLOW PARK, Texas , May 9, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its first quarter ended March 31, 2024. First Quarter 2024 Results Total revenue grew approximately 19% sequentially to $581.5 million over the fourth quarter revenue of 2023 Net income was $3.0 million compared to a net loss of $96.5 million in the fourth quarter of 2023 Adjusted EBITDA(1) grew approximately 46% sequentially over the fourth quarter to $159.7 million Net cash provided by operating activities grew approximately 85% sequentially over the fourth quarter to $79.1 million Capital expenditures totaled $59.9 million Free cash flow(2) grew 102% sequentially to $25.8 million Matt Wilks, ProFrac's Executive Chairman, stated, "We are very pleased with our first quarter results, which demonstrate meaningful progress on the strategic initiatives we began emphasizing in the back half of 2023.

ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results

Earnings Preview: ProFrac Holding Corp. (ACDC) Q1 Earnings Expected to Decline

WILLOW PARK, Texas , April 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its first quarter 2024 financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Thursday, May 9, 2024 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule

ProFrac Holding Corp. (ACDC) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $1.46 per share a year ago.

ProFrac Holding Corp. (ACDC) Reports Q4 Loss, Lags Revenue Estimates

ProFrac Holding Corp (ACDC) Q4 2023 Earnings Call Transcript

WILLOW PARK, Texas , March 13, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its 2023 full year and fourth quarter ended December 31, 2023. 2023 Full Year Results Total revenue was $2.63 billion in 2023 compared to $2.43 billion in 2022 Net loss in 2023 was $59 million compared to net income of $343 million in 2022 Adjusted EBITDA(1) was $688 million Net cash provided by operating activities was $554 million Capital expenditures totaled $267 million Free cash flow was $293 million, an increase of 173% from 2022 Net debt was $1.08 billion as of December 31, 2023 2023 Fourth Quarter Results Total fourth quarter revenue was $489 million compared to $574 million in the third quarter of 2023  Net loss was $97 million compared to a net loss of $18 million in the third quarter of 2023 Adjusted EBITDA(1) was $110 million Net cash provided by operating activities was $43 million Capital expenditures totaled $33 million Free cash flow was $13 million Matt Wilks, ProFrac's Executive Chairman, stated, "Our fourth quarter results were challenged, as we expected, due to softness that persisted throughout the second half of the year.

ProFrac Holding Corp. Reports 2023 Full Year and Fourth Quarter Financial and Operational Results

WILLOW PARK, Texas , Feb. 21, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its 2023 fourth quarter and full year financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Wednesday, March 13, 2024 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

WILLOW PARK, Texas , Feb. 15, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Alpine Silica Holding, LLC ("Alpine"), ProFrac's proppant production segment and wholly owned subsidiary, has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of Alpine's common stock. The number of shares to be offered and price range for the proposed offering have yet to be determined.

ProFrac Holding Corp. Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing of Alpine Silica

WILLOW PARK, Texas , Feb. 12, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announces its 2024 operational and strategic priorities. These priorities are the natural next steps following the Company's efforts in the second half of 2023 to drive an increase in fleet count by pursuing dedicated contracts with operators and to unlock the potential of the proppant production segment through higher contracted volumes and a reduction in mining costs per ton.

News for ProFrac Holding Corp Stock (ACDC)