Propetro Holding ( (PUMP) ) has released its Q3 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 to upstream oil and gas companies, specializing in unconventional oil and natural gas resources.
In the third quarter of 2025, ProPetro reported a total revenue of $294 million, marking a 10% decrease from the previous quarter. Despite this, the company reduced its net loss to $2 million, compared to a $7 million loss in the prior quarter.
Key financial highlights include an adjusted EBITDA of $35 million, representing 12% of revenue, and a free cash flow of $25 million for its completions business. The company also expanded its PROPWR business by securing a long-term contract for 60 megawatts of power capacity and increased its total contracted capacity to over 150 megawatts.
Looking ahead, ProPetro’s management remains optimistic about the company’s strategic investments, particularly in the PROPWR segment, which is expected to drive future growth. The company aims to expand its installed capacity to one gigawatt by 2030, leveraging its strong balance sheet and customer relationships to navigate market challenges effectively.