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ProPetro’s PROPWR Secures New Power Supply Contract

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ProPetro’s PROPWR Secures New Power Supply Contract

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Propetro Holding ( (PUMP) ) has issued an announcement.

On December 12, 2025, ProPetro Holding Corp.’s subsidiary, PROPWR, announced a contract to supply power to a subsidiary of Coterra Energy Inc. in the New Mexico portion of the Permian Basin, with operations set to begin in early 2026. This agreement, along with new equipment orders totaling 190 megawatts, highlights PROPWR’s growth and strategic positioning in the power solutions market, aiming for significant expansion by 2030. The company’s capital expenditures for 2026 are projected to increase, reflecting its commitment to expanding its commercial pipeline and securing its position as a leading provider of innovative power solutions.

The most recent analyst rating on (PUMP) stock is a Buy with a $13.00 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 declining revenues and profitability issues. Technical analysis shows positive momentum, providing some support. Valuation remains a concern due to negative earnings. The earnings call provided a mixed outlook with resilience in cash flow but highlighted market challenges.

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 engaged in the exploration and production of North American unconventional oil and natural gas resources. PROPWR, a division of ProPetro, provides reliable, adaptable power services through a modern fleet of gas-to-power solutions, serving oil and gas and data center operators in the United States.

Average Trading Volume: 3,564,235

Technical Sentiment Signal: Buy

Current Market Cap: $1.17B

For an in-depth examination of PUMP stock, go to TipRanks’ Overview page.

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