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ProPetro Holding Stockholders Approve Key Governance Decisions

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ProPetro Holding Stockholders Approve Key Governance Decisions

Confident Investing Starts Here:

Propetro Holding ( (PUMP) ) just unveiled an update.

On April 7, 2025, ProPetro Holding Corp.’s Board of Directors approved the Second Amended and Restated 2020 Long Term Incentive Plan, subject to stockholder approval. At the company’s Annual Meeting on May 20, 2025, stockholders elected nine directors, approved executive compensation practices, and ratified RSM US LLP as the independent auditor for 2025. These decisions reflect ProPetro’s commitment to governance and strategic alignment with shareholder interests, potentially strengthening its market position and operational focus.

The most recent analyst rating on (PUMP) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Propetro Holding stock, see the PUMP Stock Forecast page.

Spark’s Take on PUMP Stock

According to Spark, TipRanks’ AI Analyst, PUMP is a Neutral.

Propetro Holding’s overall stock score is primarily impacted by its financial performance challenges, including negative margins and inconsistent revenue growth. While the earnings call showed positive developments, such as revenue growth and strategic initiatives, technical indicators and valuation concerns, such as a negative P/E ratio, weigh down the score. The recent corporate event provides a slight boost, indicating potential long-term growth.

To see Spark’s full report on PUMP stock, click here.

More about Propetro Holding

ProPetro Holding Corp. operates in the oilfield services industry, primarily providing hydraulic fracturing services to upstream oil and gas companies. The company focuses on supporting exploration and production activities in key U.S. shale basins.

Average Trading Volume: 1,829,340

Technical Sentiment Signal: Sell

Current Market Cap: $579.8M

For a thorough assessment of PUMP stock, go to TipRanks’ Stock Analysis page.

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