ProPetro (US:PUMP)2025-10-29 13:00Financial Performance & Strategy - ProPetro reported Q3 2025 revenue of $294 million and Adjusted EBITDA of $35 million[13] - Free Cash Flow for Completions Business in Q3 2025 was $25 million[13] - The company is focused on generating sustainable completions free cash flow through reduced capex and targeted M&A[10] - ProPetro is strategically located in the Permian Basin, with 100% of its completions business revenue derived from this region[20] PROPWR Business - ProPetro is expanding into power generation services with PROPWR, targeting an installed capacity of 1 gigawatt or greater by 2030[12, 34] - PROPWR has secured a letter of intent for a $350 million lease financing facility[31] - Total contracted capacity for PROPWR has expanded to over 150 megawatts, with expectations to reach at least 220 megawatts by year-end[31] - Increased equipment orders to 360 megawatts, with all units expected to be delivered by early 2027 and anticipate 750 megawatts delivered by year-end 2028[33] Fleet Transformation & Capital Allocation - Approximately 70% of ProPetro's active hydraulic horsepower is now secured under long-term contracts[46] - The company has a $200 million share repurchase program, with $89 million remaining as of the report[49, 50]