ProPetro's $294 Million Quarter and Expanding Power Business: Is This Buy Signal Enough?

One investor just made a big bet on ProPetro’s evolution—here’s what they may be seeing that the market hasn't completely priced in.On November 14, asset manager VR Advisory Services disclosed a purchase of 2.5 million shares of ProPetro, increasing its position by approximately $12.3 million.What HappenedAccording to a filing with the U.S. Securities and Exchange Commission on November 14, VR Advisory Services increased its stake in ProPetro (PUMP +5.63%) during the third quarter. The fund bought 2.5 milli ...