ProPetro Holding Corp. Announces Public Offering of Common Stock

Core Viewpoint - ProPetro Holding Corp. has announced a public offering of 12,500,000 shares of its common stock to fund general corporate purposes, including growth capital for additional power generation equipment [1][2]. Group 1: Offering Details - The company intends to use the net proceeds from the offering for general corporate purposes, specifically to fund growth capital for additional power generation equipment [2]. - The offering includes a 30-day option for underwriters to purchase up to an additional 1,875,000 shares at the public offering price, less underwriting discounts and commissions [2]. - Goldman Sachs & Co. LLC is serving as the lead book-running manager for the offering, which is subject to market conditions [3]. Group 2: Regulatory and Legal Information - The offering is being conducted under an effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement has been filed [5]. - The proposed offering will be made only by means of a prospectus and a prospectus supplement, which can be obtained from Goldman Sachs or the SEC's website [4]. Group 3: Company Overview - ProPetro Holding Corp. is based in Midland, Texas, and provides premium completion and power services to leading upstream oil and gas companies involved in the exploration and production of unconventional oil and natural gas resources in North America [6].