Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Propetro Holding ( (PUMP) ) is now available.
On January 26, 2026, ProPetro announced an underwritten public offering of 12,500,000 shares of common stock, with a planned 30-day option for underwriters to buy up to an additional 1,875,000 shares, with proceeds earmarked for general corporate purposes, including funding growth capital for additional power generation equipment, in a move that could dilute existing shareholders but bolster the company’s balance sheet and expansion capacity. In operational updates provided the same day, ProPetro highlighted the rapid build-out of its PROPWR power business, launched in December 2024, including a December 11, 2025 power supply contract with Coterra Energy for distributed microgrids in the New Mexico Permian, a second power contract signed after December 12, 2025, and, as of January 26, 2026, approximately 230 MW of committed capacity under multi‑year contracts and about 550 MW of delivered or on‑order generation capacity—70% high‑efficiency reciprocating engine generators and 30% low‑emissions modular turbines—positioning the company as a growing integrated power provider to the basin’s expanding energy infrastructure.
The most recent analyst rating on (PUMP) stock is a Hold with a $11.00 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.
The score is held back primarily by weak profitability and a loss-driven (negative) P/E, with only moderate support from improving free cash flow and low leverage. Technicals are not providing a strong tailwind, while earnings-call guidance is constructive around PROPWR growth and financing but tempered by continued completions-market headwinds and declining revenue/EBITDA.
To see Spark’s full report on PUMP stock, click here.
More about Propetro Holding
ProPetro Holding Corp. is a Midland, Texas-based provider of premium completion and power services to leading upstream oil and gas companies focused on the exploration and production of North American unconventional oil and natural gas resources, with growing exposure to power solutions in the Permian Basin.
Average Trading Volume: 3,040,521
Technical Sentiment Signal: Buy
Current Market Cap: $1.14B
For a thorough assessment of PUMP stock, go to TipRanks’ Stock Analysis page.