Core Viewpoint - ProPetro Holding Corp. has announced an upsized public offering of 15,000,000 shares of common stock at a price of $10.00 per share, increasing from the initially proposed 12,500,000 shares [1] Group 1: Offering Details - The offering consists of 15,000,000 shares priced at $10.00 each, with a 2,500,000 share increase from the original proposal [1] - The net proceeds from the offering will be used for general corporate purposes, including funding growth capital for additional power generation equipment [2] - Underwriters have a 30-day option to purchase an additional 2,250,000 shares at the public offering price [2] Group 2: Management and Closing - Goldman Sachs & Co. LLC is the lead book-running manager for the offering, with Barclays Capital Inc., J.P. Morgan Securities LLC, and BofA Securities as joint book-running managers [3] - The offering is expected to close on January 28, 2026, subject to customary closing conditions [3] 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]
ProPetro Holding Corp. Announces Pricing of Upsized Public Offering of Common Stock