ProPetro Holding Corp., an oilfield services company, provides pressure pumping and other related services. The company offers hydraulic fracturing services; and a suite of well completion and production services, including cementing, acidizing, coiled tubing, flowback, surface air drilling, and drilling services. It serves the upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources in the Permian Basin. As of December 31, 2018, the company's fleet comprised 20 hydraulic fracturing units with 905,000 hydraulic horsepower. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.
Industry, Sector and Symbol
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
CIKN/A
Phone432-688-0012
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.70 billion
Profitability
Miscellaneous
Employees1,579
Next Earnings DateN/A
OptionableOptionable
Propetro (NYSE:PUMP) Frequently Asked Questions
What is Propetro's stock symbol?
Propetro trades on the New York Stock Exchange (NYSE) under the ticker symbol "PUMP."
How were Propetro's earnings last quarter?
Propetro Holding Corp (NYSE:PUMP) announced its quarterly earnings data on Wednesday, November, 13th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.15. The business earned $541.85 million during the quarter, compared to analysts' expectations of $508.39 million. Propetro had a net margin of 9.40% and a return on equity of 21.83%. View Propetro's Earnings History.
What price target have analysts set for PUMP?
13 brokerages have issued twelve-month price objectives for Propetro's stock. Their forecasts range from $10.70 to $29.00. On average, they anticipate Propetro's share price to reach $20.52 in the next year. This suggests a possible upside of 105.2% from the stock's current price. View Analyst Price Targets for Propetro.
What is the consensus analysts' recommendation for Propetro?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Propetro in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Propetro.
Has Propetro been receiving favorable news coverage?
Headlines about PUMP stock have trended very negative on Saturday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Propetro earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Propetro.
Are investors shorting Propetro?
Propetro saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 7,770,000 shares, a decline of 5.0% from the December 15th total of 8,180,000 shares. Based on an average trading volume of 2,110,000 shares, the short-interest ratio is currently 3.7 days. Currently, 9.4% of the shares of the company are sold short. View Propetro's Current Options Chain.
Who are some of Propetro's key competitors?
Some companies that are related to Propetro include Subsea 7 (SUBCY), Core Laboratories (CLB), Oceaneering International (OII), Helix Energy Solutions Group (HLX), SemGroup (SEMG), NexTier Oilfield Solutions (NEX), Liberty Oilfield Services (LBRT), RPC (RES), Franks International (FI), Select Energy Services (WTTR), Hurricane Energy (HRCXF), National Energy Services Reunited (NESR), Keane Group (FRAC), North American Construction Group (NOA) and Natural Gas Services Group (NGS).
What other stocks do shareholders of Propetro own?
Who are Propetro's key executives?
Propetro's management team includes the folowing people:
- Mr. Dale Redman, CEO & Director (Age 58)
- Mr. Jeffrey Smith, Chief Financial Officer (Age 59)
- Mr. David W. Sledge, Chief Operating Officer (Age 62)
- Mr. Ian Charles Denholm, Chief Accounting Officer (Age 31)
- Mr. Mark Christopher Howell, Gen. Counsel & Corp. Sec. (Age 40)
When did Propetro IPO?
(PUMP) raised $350 million in an IPO on Friday, March 17th 2017. The company issued 20,000,000 shares at $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.
How do I buy shares of Propetro?
Shares of PUMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Propetro's stock price today?
One share of PUMP stock can currently be purchased for approximately $10.00.
How big of a company is Propetro?
Propetro has a market capitalization of $1.00 billion and generates $1.70 billion in revenue each year. The company earns $173.86 million in net income (profit) each year or $2.00 on an earnings per share basis. Propetro employs 1,579 workers across the globe.View Additional Information About Propetro.
What is Propetro's official website?
How can I contact Propetro?
Propetro's mailing address is 1706 S. MIDKIFF ROAD BUILDING B, MIDLAND TX, 79701. The company can be reached via phone at 432-688-0012 or via email at [email protected]
MarketBeat Community Rating for Propetro (NYSE PUMP)
MarketBeat's community ratings are surveys of what our community members think about Propetro and other stocks. Vote "Outperform" if you believe PUMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PUMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
