ProPetro (PUMP)

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Should Value Investors Buy ProPetro Holding (PUMP) Stock?
ZACKS· 2024-12-12 15:41
Core Viewpoint - The article emphasizes the importance of value investing and highlights ProPetro Holding (PUMP) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [2][3][6] Valuation Metrics - ProPetro Holding has a Price-to-Book (P/B) ratio of 1.15, which is significantly lower than the industry average of 2.17, indicating potential undervaluation [4] - The Price-to-Sales (P/S) ratio for PUMP is 0.68, compared to the industry's average P/S of 0.83, further supporting the notion that the stock may be undervalued [5] Investment Ratings - PUMP currently holds a Zacks Rank of 2 (Buy) and an A grade in the Value category, making it one of the strongest value stocks available [3][6]
Despite Fast-paced Momentum, ProPetro (PUMP) Is Still a Bargain Stock
ZACKS· 2024-12-12 14:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
ProPetro Holding's Q3 Earnings Beat Estimates, Sales Fall Y/Y
ZACKS· 2024-11-04 12:11
ProPetro Holding Corp. (PUMP) reported third-quarter 2024 adjusted earnings per share of 12 cents which beat the Zacks Consensus Estimate of 3 cents. This outperformance could be primarily attributed to improved pricing and increased activity in the reported quarter. The bottom line, however, declined from the year-ago quarter’s 31 cents due to a 42.7% year-over-year increase in costs and expenses.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $360.9 million beat the c ...
ProPetro Delivered A Solid Q3 In A Nervous Oil Service Market; 2025 Looks Bright
Seeking Alpha· 2024-10-31 19:01
Thanks for your interest in Z4 Energy Research. As of January 2021, Tipranks placed us in the top 2% of all financial bloggers and top 5% of overall experts. If you would like more in depth discussions on oil, natural gas, wind, solar, fuel cells, and other renewables, please contact us at zman@zmansenergybrain.com. We have covered energy at zmansenergybrain.com since 2006 posting 6 days a week and have been in the markets since the early 1990s. We post weekly slide shows on the oil and natural gas inventor ...
ProPetro (PUMP) - 2024 Q3 - Quarterly Report
2024-10-31 12:28
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 September 30, 2024 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 ...
ProPetro (PUMP) - 2024 Q3 - Quarterly Results
2024-10-30 20:01
| --- | --- | --- | --- | --- | --- | |-----------------------|-------|-------|---------|----------------|-------| | PROPETRO® | | | | | | | | | | | | | | | | | | | | | Investor Presentation | | | Int Int | | | | October 30, 2024 | | | | til int & sm # | සික " | | | | | | | | Forward-Looking Statements Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in c looking statements that are made pursuant to the Safe Harbor Pr ...
ProPetro Holding (PUMP) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-10-23 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when ProPetro Holding (PUMP) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octobe ...
ProPetro: Solid Story, Super Cheap, Set For Rebound
Seeking Alpha· 2024-09-30 17:47
Thanks for your interest in Z4 Energy Research. As of January 2021, Tipranks placed us in the top 2% of all financial bloggers and top 5% of overall experts. If you would like more in depth discussions on oil, natural gas, wind, solar, fuel cells, and other renewables, please contact us at zman@zmansenergybrain.com. We have covered energy at zmansenergybrain.com since 2006 posting 6 days a week and have been in the markets since the early 1990s. We post weekly slide shows on the oil and natural gas inventor ...
ProPetro: The Higher End Of The U.S. Frac Market Is Alive And Well (Rating Upgrade)
Seeking Alpha· 2024-07-31 16:41
MajaPhoto Investment thesis ProPetro (NYSE:PUMP) is a small-cap U.S. oilfield services (OIH) or "OFS" company that specializes in pressure pumping (also hydraulic fracturing or "fracking"). Onshore OFS stocks haven't fared great as U.S. land activity - specifically natural gas (NG1:COM) - has declined: VAL 101.00 US Natural Gas Rig Count (I:USNGRR) 150.00 125.00 101.00 75.00 Jul '22 Jul "24 Jan '22 Jan '23 Jul '23 Jan "24 Seeking AlphaQ Jul 31, 2024, 9:53 AM EDT Powered by YC HARTS Data by YCharts Oil price ...
ProPetro Holding (PUMP) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-07-31 13:16
ProPetro Holding (PUMP) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -137.50%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.08 per share when it actually produced earnings of $0.18, delivering a surprise of 125%. Over the last four quarters, the co ...