Propetro Holding ( (PUMP) ) has released its Q2 earnings. Here is a breakdown of the information Propetro Holding presented to its investors.
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ProPetro Holding Corp., based in Midland, Texas, is a provider of premium completion and power services primarily to upstream oil and gas companies, focusing on unconventional oil and natural gas resources in North America.
In its latest earnings report for the second quarter of 2025, ProPetro reported a total revenue of $326 million, marking a 9% decrease from the previous quarter. The company also recorded a net loss of $7 million, contrasting with a net income of $10 million in the prior quarter.
Key financial highlights include an adjusted EBITDA of $50 million, representing 15% of revenue, and a free cash flow for the completions business of $26 million. The company secured a significant 10-year contract for 80 megawatts of PROPWR service capacity and noted that over half of its active hydraulic horsepower is under long-term contracts.
Looking ahead, ProPetro remains focused on navigating market challenges by maintaining operational stability and leveraging its strategic investments. The company is confident in its ability to capitalize on long-term opportunities, supported by a strong balance sheet and durable customer relationships.