NYSE:PUMP

ProPetro Reports Financial Results for the First Quarter of 2024

Retrieved on: 
Wednesday, May 1, 2024
Energy, Other Energy, Oil, Gas, Permian, Increment, DGB, Investment, Capital, ExxonMobil, Depreciation, Partnership, Capital expenditure, Public expenditure, Acquisition, Share repurchase, Growth, Airline

ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the first quarter of 2024.

Key Points: 
  • ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the first quarter of 2024.
  • Sam Sledge, Chief Executive Officer, commented, “We are excited to start off 2024 with strong financial results and positive momentum.
  • We’re excited to continue delivering differentiated services to our customers and strong financial returns for all our stakeholders.”
    David Schorlemer, Chief Financial Officer, said, "ProPetro's robust first quarter results reflect the strategy yielding results.
  • Frac fleet effective utilization is expected to be between 14 to 15 fleets during the second quarter 2024.

ProPetro Announces Agreement for FORCESM Electric Hydraulic Fracturing Services

Retrieved on: 
Monday, April 29, 2024
Energy, Other Energy, Oil, Gas, Permian, Fracture, Partnership, Safety, ExxonMobil, Natural gas

ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) has entered into a three year Hydraulic Fracturing Services Agreement (the "Agreement”) to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin.

Key Points: 
  • ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) has entered into a three year Hydraulic Fracturing Services Agreement (the "Agreement”) to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin.
  • This commitment, which includes electric hydraulic fracturing, wireline, and pumpdown services, underlines our dedication to leading the industry with high-quality, low-emission, and industrialized services."
  • ProPetro will deliver and dedicate FORCESM electric-powered hydraulic fracturing fleets to provide fracture stimulation pumping services coupled with our Silvertip wireline and pumpdown services along with other products in connection with such services.
  • The agreement includes the deployment of two FORCESM electric hydraulic fracturing fleets, wireline, and pumpdown services in the first half of 2024 with an option for a third FORCESM fleet with wireline and pumpdown services to commence operations in early 2025.

ProPetro Increases Share Repurchase Authorization to $200 million

Retrieved on: 
Wednesday, April 24, 2024
Energy, Other Energy, Oil, Gas, Share repurchase, Hand

ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced that the Company's Board of Directors approved an increase and extension of ProPetro's share repurchase program.

Key Points: 
  • ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced that the Company's Board of Directors approved an increase and extension of ProPetro's share repurchase program.
  • The program permits the repurchase of up to an additional $100 million of the Company's common shares for a total of $200 million and extends the expiration date by one year to May 31, 2025.
  • ProPetro has repurchased approximately $74 million or 8% of our outstanding common stock since our plan's inception last May 2023.
  • With the program expansion, the total remaining authorization for future common share repurchases is approximately $126 million or 14% of ProPetro’s market capitalization based on the current share price.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ProPetro Holding Corp. - PUMP

Retrieved on: 
Sunday, March 31, 2024
Pomerantz, Annual report, News

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).
  • The investigation concerns whether ProPetro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ProPetro Holding Corp. - PUMP

Retrieved on: 
Saturday, March 23, 2024
Pomerantz, Annual report, Prior, News

NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).

Key Points: 
  • NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).
  • The investigation concerns whether ProPetro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ProPetro Holding Corp. - PUMP

Retrieved on: 
Friday, March 15, 2024
Pomerantz, Annual report, Prior, News

NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).

Key Points: 
  • NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).
  • The investigation concerns whether ProPetro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

ProPetro Announces First Quarter 2024 Earnings Call

Retrieved on: 
Thursday, April 4, 2024
Energy, Other Energy, Oil, Gas

ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSE: PUMP) today announced that it will issue its first quarter of 2024 earnings release on Wednesday, May 1, 2024, before the opening of trading.

Key Points: 
  • ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSE: PUMP) today announced that it will issue its first quarter of 2024 earnings release on Wednesday, May 1, 2024, before the opening of trading.
  • ProPetro will also host a conference call on Wednesday, May 1, 2024, at 8:00 AM Central Time to discuss its first quarter results.
  • To access the conference call, U.S. callers may dial toll free 1-844-340-9046 and international callers may dial 1-412-858-5205.
  • Please call ten minutes ahead of the scheduled start time to ensure a proper connection.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ProPetro Holding Corp. - PUMP

Retrieved on: 
Thursday, March 7, 2024
Prior, News, Pomerantz, Annual report

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP).
  • The investigation concerns whether ProPetro and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

PROPETRO ALERT: Bragar Eagel & Squire, P.C. is Investigating ProPetro Holding Corp. on Behalf of ProPetro Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, March 6, 2024
News, Telephone, Annual report, P.C

NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) on behalf of ProPetro stockholders.

Key Points: 
  • NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) on behalf of ProPetro stockholders.
  • Our investigation concerns whether ProPetro has violated the federal securities laws and/or engaged in other unlawful business practices.
  • Click here to participate in the action.
  • On this news, shares of ProPetro Holding Corp. dropped more than 5% in intraday trading on March 4, 2024.

SHAREHOLDER ALERT: ProPetro Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Retrieved on: 
Tuesday, March 5, 2024
Block & Leviton, Annual report, Cryptocurrency

BOSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating ProPetro Holding Corp. (NYSE: PUMP) for potential securities law violations.

Key Points: 
  • BOSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating ProPetro Holding Corp. (NYSE: PUMP) for potential securities law violations.
  • Investors who have lost money in their ProPetro Holding Corp. investment should contact the firm to learn more about how they might recover those losses.
  • Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
  • Block & Leviton is widely regarded as one of the leading securities class action firms in the country.