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NYSE:PUMP

ProPetro (PUMP) Stock Price, News & Analysis

$9.91
+0.26 (+2.69%)
(As of 05/21/2024 ET)
Today's Range
$9.68
$10.02
50-Day Range
$7.47
$9.91
52-Week Range
$6.62
$11.37
Volume
1.86 million shs
Average Volume
1.58 million shs
Market Capitalization
$1.07 billion
P/E Ratio
14.79
Dividend Yield
N/A
Price Target
$13.33

ProPetro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
34.5% Upside
$13.33 Price Target
Short Interest
Bearish
10.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.88mentions of ProPetro in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$395,077 Sold Last Quarter
Proj. Earnings Growth
20.90%
From $0.67 to $0.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.46 out of 5 stars

Oils/Energy Sector

113th out of 237 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

9th out of 16 stocks

PUMP stock logo

About ProPetro Stock (NYSE:PUMP)

ProPetro Holding Corp. operates as an integrated oilfield services company. The company provides hydraulic fracturing, wireline, cementing, and other complementary oilfield completion services to upstream oil and gas companies in the Permian Basin. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.

PUMP Stock Price History

PUMP Stock News Headlines

ProPetro Holding Corp.
ProPetro Announces First Quarter 2024 Earnings Call
PUMP Apr 2024 7.500 put
Drilling Deep Into ProPetro Holding
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/21/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Employees
2,070
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.33
High Stock Price Target
$16.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+36.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$85.63 million
Pretax Margin
6.70%

Debt

Sales & Book Value

Annual Sales
$1.61 billion
Cash Flow
$2.45 per share
Book Value
$9.06 per share

Miscellaneous

Free Float
106,556,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
2.09
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Key Executives

  • Mr. Samuel D. Sledge (Age 36)
    CEO & Director
    Comp: $1.58M
  • Mr. Adam Munoz (Age 41)
    President & COO
    Comp: $1.13M
  • Mr. David Scott Schorlemer (Age 57)
    Chief Financial Officer
    Comp: $993.71k
  • Mr. John J. Mitchell (Age 40)
    General Counsel & Corporate Secretary
    Comp: $708.41k
  • Mr. Shelby Kyle Fietz (Age 42)
    Chief Commercial Officer
    Comp: $4.23M
  • Ms. Celina A. Davila (Age 43)
    Chief Accounting Officer
  • Matt Augustine
    Senior Manager of Corporate Development & Investor Relations

PUMP Stock Analysis - Frequently Asked Questions

Should I buy or sell ProPetro stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProPetro in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PUMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PUMP, but not buy additional shares or sell existing shares.
View PUMP analyst ratings
or view top-rated stocks.

What is ProPetro's stock price target for 2024?

3 equities research analysts have issued twelve-month price objectives for ProPetro's shares. Their PUMP share price targets range from $11.00 to $16.00. On average, they expect the company's stock price to reach $13.33 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for PUMP
or view top-rated stocks among Wall Street analysts.

How have PUMP shares performed in 2024?

ProPetro's stock was trading at $8.38 at the start of the year. Since then, PUMP shares have increased by 18.3% and is now trading at $9.91.
View the best growth stocks for 2024 here
.

Are investors shorting ProPetro?

ProPetro saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,550,000 shares, an increase of 149.3% from the April 15th total of 3,830,000 shares. Based on an average daily trading volume, of 1,670,000 shares, the days-to-cover ratio is presently 5.7 days. Approximately 10.7% of the shares of the company are short sold.
View ProPetro's Short Interest
.

When is ProPetro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our PUMP earnings forecast
.

How were ProPetro's earnings last quarter?

ProPetro Holding Corp. (NYSE:PUMP) released its earnings results on Wednesday, May, 1st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.08 by $0.10. The firm earned $405.84 million during the quarter, compared to analysts' expectations of $393.11 million. ProPetro had a trailing twelve-month return on equity of 7.62% and a net margin of 4.76%. ProPetro's quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS.

What is Phillip Boren's approval rating as ProPetro's CEO?

15 employees have rated ProPetro Chief Executive Officer Phillip Boren on Glassdoor.com. Phillip Boren has an approval rating of 70% among the company's employees.

What other stocks do shareholders of ProPetro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProPetro investors own include NVIDIA (NVDA), Boeing (BA), Alibaba Group (BABA), Mastercard (MA), Broadcom (AVGO), Overstock.com (OSTK), QUALCOMM (QCOM), Visa (V), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

When did ProPetro IPO?

ProPetro (PUMP) raised $350 million in an initial public offering (IPO) on Friday, March 17th 2017. The company issued 20,000,000 shares at a price of $16.00-$19.00 per share. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan served as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities, Tudor, Pickering, Holt and Johnson Rice & Company L.L.C. Jonnson Rice & Company were co-managers.

Who are ProPetro's major shareholders?

ProPetro's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.37%), Van ECK Associates Corp (1.19%), Kennedy Capital Management LLC (0.75%), Hodges Capital Management Inc. (0.52%), First Eagle Investment Management LLC (0.45%) and Empowered Funds LLC (0.43%). Insiders that own company stock include Adam Munoz, David Scott Schorlemer, Elo Omavuezi, Michele Vion, Phillip A Gobe, Spencer D Armour III and Spencer D Armour III.
View institutional ownership trends
.

How do I buy shares of ProPetro?

Shares of PUMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PUMP) was last updated on 5/21/2024 by MarketBeat.com Staff

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