ProPetro Hld

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. It operates through the following segments: Hydraulic Fracturing, Cementing, Coil Tubing, Flowback, and Drilling. The Hydraulic Fracturing segment intends to optimize hydrocarbon flow paths during the completion phase of horizontal shale wellbores. The Cementing segment provides isolation between fluid zones behind the casing to minimize potential damage to hydrocarbon bearing formations or the integrity of freshwater aquifers and provides structural integrity for the casing by securing it to the earth. The Coil Tubing segment involves injecting coiled tubing into wells to perform various completion well intervention operations. The Flowback segment consists of production testing, solids control, hydrostatic testing and torque services. The company was founded by Dale Redman and Jeffrey David Smith in 2005 and is headquartered in Midland, TX.

Earnings data Q2 2021

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ProPetro reports robust Q1 performance, eyes natural gas integration

ProPetro Holdings Corporation's Q1 2023 earnings call highlighted strong financial performance, a focus on capital discipline, and efforts to transition to dual fuel and electric offerings. The company faces challenges in pricing stability and customer reach but sees opportunities in natural gas integration and market demand.

ProPetro reports strong Q2 earnings and outlines electric fleet strategy

ProPetro's Q2 2023 earnings call highlighted strong financial performance, strategic investments in fleet transformation, and confidence in future growth potential despite market challenges. The company's differentiated offering, deployment of electric fleets, and focus on maintaining margins in the Permian Basin position it for long-term value creation.

ProPetro reports solid Q3 earnings, eyes expansion and equipment transition

ProPetro Holding Corp's Q3 performance reflects a strong financial position, with a focus on capital return strategy and equipment transition. The transition to next-generation assets and the Silvertip acquisition have been key drivers of improved free cash flow. While facing challenges in margin impact and flat pricing, the company is poised for further growth and expansion.

ProPetro reports strong 2023 earnings, eyes growth in electric fleets

ProPetro's strong financial performance in 2023, strategic investments, and focus on operational excellence position the company for future growth. Challenges include optimizing cost structures and achieving cost savings. Opportunities lie in potential growth in electric fleet deployments and disciplined capital allocation.

ProPetro reports robust Q1 earnings, eyes growth in electric technology

ProPetro's Q1 2024 earnings call highlighted strong financial performance, strategic partnerships, and a focus on operational excellence. The company's transition to next-gen equipment and emphasis on electric technology position it well for growth. Challenges include optimizing fleet acquisitions and improving certain operational segments.

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ConocoPhillips

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Marathon Petroleum

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Total

Exxon Mobil

Crude oil prices held near a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories.

Oil Prices Near Five-Month High As U.S. Gasoline Stockpiles Tumble

The Energy Information Administration on Wednesday reported that U.S. crude supplies climbed by 7 million barrels for the week ended April 5.

Oil prices up as EIA reveals a hefty climb in U.S. crude supplies, along with a drop in gasoline stockpiles

Does ProPetro Holding (PUMP) have what it takes to be a top stock pick for momentum investors? Let's find out.

ProPetro Holding (PUMP) is a Great Momentum Stock: Should You Buy?

Oil prices edged back towards five-month highs on Wednesday, supported by ongoing supply cuts by producer club OPEC and U.S. sanctions against oil exporters Iran and Venezuela.

Oil rises amid OPEC supply cuts, US sanctions

Oil prices rose above $100 a barrel in 2008 and then hit $145.29 on July 3 that summer. Yet it seemed unimaginable that crude could pass the $100 mark again.

11 Years Since $100 Oil, Factors for Rise Are Back

ProPetro (PUMP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why ProPetro (PUMP) Might be Well Poised for a Surge

Oil won't be returning to the peak levels it saw last year when global benchmark Brent Crude hit $86 a barrel, Goldman Sachs' top commodities analyst said Monday.

Oil won't be going back up to $80 levels, Goldman Sachs' commodities head Jeff Currie says

Oil prices rose to five-month highs on Monday, driven up by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela and healthy U.S.

Oil hits Nov. 2018 highs amid OPEC supply cuts, US sanctions

Crude futures have surged in recent months, with Brent and U.S. West Texas Intermediate (WTI) both rallying more than 20 percent since the start of 2019.

Oil markets will see 'much more upside than downside,' Citi strategist says

Energy Select Sector SPDR Fund

Investors are ignoring the energy sector after equities and oil prices collapsed in tandem at the end of last year, J.P. Morgan says.

This sector offers the best risk-reward for investors right now, JP Morgan says

ProPetro Holding Corp’s fourth quarter reflected its consistent frac fleet utilization and superior performance to peers, according to Raymond James.

Raymond James Downgrades ProPetro Holding, Says Stock Prices In Outperformance

Better-than-expected demand and a series of supply disruptions are bolstering oil prices as OPEC cuts output and U.S. energy sanctions bite.

Why oil and gasoline prices are rising faster than expected this year

The push towards decarbonization is creating barriers to entry in the oil industry, making major oil players – known as "Big Oils" -- more profitable, Goldman Sachs said.

Clean energy and climate change are helping Big Oil, Goldman Sachs says

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

Oil prices rise, adding to biggest quarterly gain in 10 years

Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, putting the crude markets on pace to post their biggest first quarter gain since 2009.

Oil prices set for biggest first quarter gain since 2009 on US sanctions, OPEC

The Zacks Analyst Blog Highlights: Chevron, ConocoPhillips, Phillips 66, Marathon Petroleum and ProPetro

U.S. Crude & Fuel Stockpiles Slump, Oil Exports Increase

Recently, Horizon Pharma (HZNP) announced that it had achieved positive results from a phase 3 study using teprotumumab in treating patients with thyroid eye disease (TED).

News for ProPetro Hld Stock (PUMP)