A month has gone by since the last earnings report for ProPetro Holding (PUMP) . Shares have added about 9.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is ProPetro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns o ...

Group 1: Core Developments - ProPetro Holding Corp's power solutions division, PROPWR, has signed its first contract to deliver 80 megawatts (MW) of power capacity over a 10-year period, marking a significant milestone in distributed power for the oilfield services sector [1] - The project will utilize in-field gas to provide turnkey power to a distributed microgrid, employing natural gas reciprocating engines and gas turbines for reliable, low-emission power [1][2] Group 2: Strategic Implications - The agreement ensures stable, long-term earnings for PROPWR and highlights the increasing demand for flexible energy infrastructure in remote oilfield locations [2] - PROPWR will manage all on-site operations, maintenance, and monitoring, backed by take-or-pay obligations from the customer, enhancing its service reliability [2] Group 3: Market Position and Growth - ProPetro is positioning itself to deliver innovative solutions in a volatile oil and gas environment, aiming for lower-cost and lower-emission power [3] - The demand for PROPWR's services is surpassing expectations, with a letter of intent signed with a second customer and ongoing negotiations for more long-term agreements [4] Group 4: Financial Commitment - ProPetro plans to allocate $170 million in 2025 and $60 million in 2026 for capital spending in its PROPWR division to support current equipment orders [5]

Core Insights - ProPetro Holding Corp. reported a first-quarter 2025 adjusted profit per share of 9 cents, exceeding the Zacks Consensus Estimate of 6 cents, despite a decline from the previous year's profit of 18 cents [1] - Revenues for the quarter were $359 million, surpassing the consensus estimate of $341 million, driven by strong service revenues in the Wireline and Hydraulic Fracturing segments, although down 11.6% year-over-year from $406 million [2] - Adjusted EBITDA increased to $72.7 million, a 38% rise from the previous quarter, and net income was reported at $10 million, recovering from a net loss of $17 million in the prior quarter [3] Revenue Breakdown - Wireline segment revenues reached $53.4 million, exceeding estimates by 15.3%, while Hydraulic Fracturing segment revenues were $269.4 million, surpassing estimates by 13.5% [2] - The Pressure Pumping segment contributed 100% to total revenues, with service revenues increasing 12% to $359.4 million from the previous quarter [6] Cost Management - Total costs and expenses were $350 million, down 6.8% from the prior-year quarter, with the cost of services at $263.9 million compared to $288.6 million in the previous year [7] - General and administrative expenses were slightly reduced to $27.6 million from $28.2 million year-over-year, and depreciation and amortization decreased by 17% to $48.7 million [8] Financial Position - Capital expenditures for the first quarter were $39 million, primarily for maintenance and initial PROPWR turbine orders, with net cash used in investing activities totaling $32.8 million [9] - As of March 31, 2025, ProPetro had $63.4 million in cash and cash equivalents, $45 million in borrowings, and total liquidity of $197 million [10] Future Outlook - The company expects full-year 2025 capital spending between $295 million and $345 million, with a focus on completions business and PROPWR equipment orders [11] - ProPetro anticipates operating around 13 to 14 hydraulic fracturing fleets in the second quarter of 2025 due to recent oil price drops and strategic asset deployment [12] Share Repurchase Program - ProPetro announced a $100 million increase in its share repurchase program, totaling $200 million, with 13 million shares repurchased since inception, accounting for approximately 11% of outstanding common stock [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38035 ______________________________ ProPetro Holding Corp. (Exact name of registrant as specified in its charter) _______________________ ...

(Exact name of registrant as specified in its charter) Delaware 001-38035 26-3685382 (State or Other Jurisdiction of Incorporation) PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): April 29, 2025 ProPetro Holding Corp. (Commission File Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s ...

Financial Data and Key Metrics Changes - ProPetro generated total revenue of $359 million, an increase of 12% compared to the prior quarter [14] - Net income totaled $10 million or $0.09 per diluted share, compared to a net loss of $17 million or $0.17 per diluted share for the fourth quarter of 2024 [15] - Adjusted EBITDA was $73 million, representing 20% of revenue and an increase of 38% compared to the prior quarter [15] - Free cash flow was $22 million, with net cash provided by operating activities at $55 million [15] - Capital expenditures for the first quarter were $39 million, with a full-year CapEx guidance of $295 million to $345 million, down from previous guidance [17] Business Line Data and Key Metrics Changes - The company operates seven Tier four DGB dual fuel fleets, with two under long-term contracts, and four Force fleets in the field, with a fifth expected to be deployed under contract this year [6][7] - Approximately 75% of the fleet is now utilizing next-generation services, which includes Tier four DGB dual fuel and electric offerings [6] Market Data and Key Metrics Changes - The company anticipates operating between 13 and 14 fleets in the second quarter, a reduction from the 14 to 15 fleets operated in the first quarter [12] - The Permian Basin is expected to see a downtick in fleet activity, with projections of running 75 to 85 fleets in June, down from approximately 85 to 90 today [52][54] Company Strategy and Development Direction - ProPetro's strategy focuses on capital-efficient asset investments, disciplined M&A, and transitioning to electric fleets, which are expected to yield durable returns [5][10] - The company is positioning its Pro Power offering to capitalize on the growing demand for reliable, low-emission power solutions [9][10] - The capital allocation strategy emphasizes balancing investments in share repurchases, fleet conversion, and Pro Power investments while maintaining a strong balance sheet [19][48] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the near-term outlook is unclear due to recent declines in oil prices influenced by tariffs and production increases [12] - The company remains confident in its ability to generate free cash flow and maximize long-term value for shareholders despite market volatility [12][20] Other Important Information - ProPetro has retired approximately 13 million shares, representing about 11% of its outstanding common stock since the inception of the share repurchase program [18] - The company has secured letters of intent for approximately 75 megawatts of long-term Pro Power service capacity with two operators in the Permian Basin [9] Q&A Session Summary Question: Focus on Pro Power opportunities - Management confirmed that while the initial focus is on the Permian Basin, they are open to opportunities outside the basin as they grow [25][27] Question: Changes in fleet operation numbers - The reduction in fleet numbers is attributed to both customer activity reductions and the company's choice to avoid low pricing, with a focus on maintaining operational efficiency [28][30] Question: Pricing for pressure pumping equipment - Management noted that contracted pricing remains steady, while spot pricing is more fluid, with some competitors pricing unsustainably low [39][42] Question: Capital allocation framework - The power business and Force Electric offering are prioritized due to known returns, with ongoing flexibility to allocate capital across various opportunities [44][48] Question: Future fleet builds and returns on power generation - Management expects to transition to more electric fleets at a rate of one to two per year, with anticipated returns on power generation assets around four-year paybacks [71][74]

INVESTOR PRESENTATION April 2025 Forward-Looking Statements Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in connection herewith, are forward- looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words "may," "confident," " ...

ProPetro (PUMP) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Matt Augustine - Director of Corporate Development and Investor RelationsSam Sledge - Chief Executive OfficerCelina Davila - Chief Accounting OfficerJohn Daniel - Founder & CEOAlec Scheibelhoffer - Equity Research AssociateWaqar Syed - MD & Head of Research Conference Call Participants Arun Jayaram - Analyst Operator Good day, and welcome to the ProPetro Holding Corp. First Quarter twenty twenty five Conference Call. Pleas ...

Core Viewpoint - ProPetro Holding (PUMP) reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, but down from $0.18 per share a year ago, indicating a 50% earnings surprise [1][2] Financial Performance - ProPetro's revenues for the quarter ended March 2025 were $359.42 million, surpassing the Zacks Consensus Estimate by 5.53%, but down from $405.84 million year-over-year [2] - Over the last four quarters, the company has exceeded consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - ProPetro shares have declined approximately 43.5% since the beginning of the year, contrasting with the S&P 500's decline of 6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $358.68 million, and for the current fiscal year, it is $0.29 on revenues of $1.41 billion [7] Industry Outlook - The Oil and Gas - Field Services industry is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact ProPetro's stock performance [5][6]

Core Viewpoint - ProPetro Holding Corp. (PUMP) reported a fourth-quarter 2024 adjusted loss per share of 1 cent, which aligns with the Zacks Consensus Estimate, showing improvement from a loss of 16 cents in the previous year due to a 4.8% decline in costs and expenses [1][4]. Financial Performance - Revenues for the quarter were $320.6 million, exceeding the consensus estimate of $314 million, driven by better-than-expected service revenues in the Wireline segment, which reached $45.2 million, surpassing estimates by 3.2%. However, this represents a 9.7% decrease from $347.8 million in the same quarter last year due to declines in service revenues from Hydraulic Fracturing, Wireline, and Cementing operations [2]. - Adjusted EBITDA was $52.7 million, down 25.9% from $71.1 million in the previous quarter and below the model estimate of $61.8 million [3]. - The company reported a net loss of $17 million for the quarter, significantly improved from a net loss of $137 million in the same quarter last year [4]. Cost Management - Total costs and expenses for the fourth quarter were $339 million, a 4.8% decrease from the prior-year quarter. The cost of services (excluding depreciation and amortization) was $243.5 million, down from $261 million in the previous year [7]. - General and administrative expenses were $28.6 million, slightly up from $28 million in the prior-year quarter, while depreciation and amortization decreased by 23.9% to $47.7 million [8]. Capital Expenditures and Cash Flow - Capital expenditures (CapEx) for the fourth quarter totaled $25 million, primarily for maintenance and support equipment related to the FORCE electric frac fleet. Net cash used in investing activities was $24 million [9]. - As of December 31, PUMP had $50.4 million in cash and cash equivalents and $45 million in borrowings under its ABL Credit Facility. Total liquidity stood at $161 million, including $111 million in available credit [10]. Share Buyback Program - Throughout 2024, the company repurchased and retired 7.2 million shares, with an additional 0.4 million shares repurchased in the fourth quarter, totaling 13 million shares, which is approximately 11% of outstanding common stock since the buyback plan began in May 2023 [4]. Future Guidance - For 2025, the company expects total capital spending to be between $300 million and $400 million, with $150 million to $200 million allocated to the completions business and a similar amount for growth investments in the PROPWR business. PUMP plans to finance a significant portion of the PROPWR CapEx and anticipates operating between 14 and 15 frac fleets in the first quarter of 2025 [12].