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ProPetro Holding Corp. Announces Pricing of Upsized Public Offering of Common Stock
Businesswire· 2026-01-27 06:08
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 Public Offering of Common Stock
Businesswire· 2026-01-26 21:06
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].
ProPetro Announces Fourth Quarter 2025 Earnings Call
Businesswire· 2026-01-16 21:30
Core Viewpoint - ProPetro Holding Corp. will release its financial results for Q4 and the full year ending December 31, 2025, on February 18, 2026, before market opening [1] Group 1: Financial Results Announcement - ProPetro will host a conference call on February 18, 2026, at 8:00 AM Central Time to discuss its fourth quarter results [1] - The financial results will cover the fourth quarter and the full year ending December 31, 2025 [1] Group 2: Conference Call Access - U.S. callers can access the conference call by dialing toll-free 800-715-9871, while international callers can dial 1-646-307-1963 [2] - Callers are advised to connect ten minutes prior to the scheduled start time for a proper connection [2] - The call will also be available via webcast on ProPetro's website [2] Group 3: Replay Information - A replay of the conference call will be available for one week following the call [3] - U.S. and Canada callers can access the replay toll-free by dialing 1-800-770-2030, while international callers can use 1-609-800-9909 [3] - The access code for the replay is 1884540 [3] Group 4: Company Overview - ProPetro Holding Corp. is based in Midland, Texas, and provides premium completion and power services to leading upstream oil and gas companies [4] - The company focuses on the exploration and production of North American unconventional oil and natural gas resources [4] - ProPetro aims to contribute to reliable energy supply globally [4]