Financial Performance & Strategy - ProPetro's Q2 2025 revenue was $326 million[14], while Adjusted EBITDA was $50 million[14] and Free Cash Flow for Completions Business was $26 million[14] - The company's Q1 2025 revenue was $359 million[24], with Adjusted EBITDA at $73 million[24] and Free Cash Flow for Completions Business at $41 million[24] - ProPetro has invested over $1 billion since 2022 in asset refreshment, new technology, and service diversification[11] - The company is executing a $200 million share repurchase program, with $111 million already repurchased and $89 million remaining[31] Operational Highlights & Market Position - ProPetro is a leading energy services provider in the Permian Basin, with 100% of its revenue coming from this region[21] - Hydraulic fracturing accounted for 75% of the company's Q2 2025 revenue mix by service line[17] - The company has retired 13 million shares, representing 11% of outstanding shares, since the program's inception through June 30, 2025[34] PROPWR Business & Future Growth - ProPetro has secured an inaugural 10-year contract for its PROPWR business in Q2 2025, committing 80 megawatts of power generation capacity[68] - The company anticipates securing long-term contracts for all ~220 megawatts of ordered PROPWR equipment by the end of 2025[68] - ProPetro anticipates approximately 2.5 GW of demand for electric frac fleets by 2030 in the Permian Basin[67]