Propetro Holding (PUMP)
NYSE:PUMP
Want to see PUMP full AI Analyst Report?
Top Page
Propetro Holding
(NYSE:PUMP)
Select Model
Select Model
Rating:59Neutral
Price Target:
$19.00
▲(36.10% Upside)
Action:Reiterated
Date:05/08/26
The score is held back primarily by pressured financial performance (revenue decline, net losses, and slightly negative free cash flow) and near-term capex/financing risk highlighted in the latest update. Offsetting factors include a resilient, low-leverage balance sheet, supportive price trend/technical setup, and improved funding flexibility to pursue the PROPWR growth strategy.
Positive Factors
Conservative balance sheet
Very low debt-to-equity (~0.09) provides resilience for a cyclical oilfield services firm. This capital structure offers financial flexibility to withstand downturns, support fleet modernization and multi-year PROPWR commitments, and reduces immediate refinancing pressure during cyclical troughs.
Negative Factors
Sharp revenue decline & volatile earnings
A steep TTM revenue drop (-28.3%) and near-zero net margin highlight cyclical exposure and an unstable revenue base. Reliance on E&P activity means persistent volatility in top-line and margins, making multi-quarter recovery and sustained profitability uncertain absent stronger demand or higher pricing.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low debt-to-equity (~0.09) provides resilience for a cyclical oilfield services firm. This capital structure offers financial flexibility to withstand downturns, support fleet modernization and multi-year PROPWR commitments, and reduces immediate refinancing pressure during cyclical troughs.
Read all positive factors
Propetro Holding Key Performance Indicators (KPIs)
Any
Adjusted EBITDA by Segment
Shows the recurring operating profit for each business line after removing one-off items, highlighting which segments generate cash, where margins are strongest, and how well the company can absorb oilfield activity swings.
Shows the recurring operating profit for each business line after removing one-off items, highlighting which segments generate cash, where margins are strongest, and how well the company can absorb oilfield activity swings.
Data provided by:
The Fly
The FlyPropetro Holding (PUMP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.21B
Dividend YieldN/A
Average Volume (3M)4.47M
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue Growth-15.55%
EPS Growth91.88%
CountryUS
Employees1,900
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.11
Shares Outstanding122,616,974
10 Day Avg. Volume6,671,707
30 Day Avg. Volume4,467,991
Financial Highlights & Ratios
PEG Ratio-11.91
Price to Book (P/B)1.19
Price to Sales (P/S)0.78
P/FCF Ratio23.24
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue1.88
Enterprise Value/Gross Profit22.79
Enterprise Value/Ebitda13.99
Forecast
1Y Price Target
$19.50Price Target Upside39.68% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.03
Revenue Forecast (FY)$1.22B
Propetro Holding Business Overview & Revenue Model
Company Description
ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services. The c...
How the Company Makes Money
ProPetro makes money by contracting with exploration and production (E&P) companies to perform hydraulic fracturing and other completion-related services on their wells. Its primary revenue stream is pressure pumping services, where it is paid to ...
Propetro Holding Earnings Call Summary
Earnings Call Date:Apr 30, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Neutral
The call balanced meaningful long‑term strategic progress—principally the Caterpillar framework agreement, a growing PROPWR commercial pipeline, fleet modernization, and healthy liquidity—with notable near‑term financial pressures including a 7% revenue decline, a 29% drop in adjusted EBITDA, a $4M net loss, and a significant increase in 2026 capex guidance. Management emphasized execution discipline, multiple financing options, and operational wins (e.g., data center deployment underway), but near‑term cash flow and elevated capex/financing needs remain risks.Positive Updates
Strategic Caterpillar Framework Agreement
Signed a framework agreement enabling PROPWR to acquire up to ~2.1 GW of additional power generation capacity over 5 years; combined with ~550 MW previously ordered, positions PROPWR to have ~2.6 GW of capacity delivered by year-end 2031 and fully deployed in 2032.
Negative Updates
Revenue Decline Quarter‑over‑Quarter
Total revenue for Q1 2026 was $271 million, down 7% versus the prior quarter.
Read all updates
Q1-2026 Updates
Positive
Negative
Strategic Caterpillar Framework Agreement
Signed a framework agreement enabling PROPWR to acquire up to ~2.1 GW of additional power generation capacity over 5 years; combined with ~550 MW previously ordered, positions PROPWR to have ~2.6 GW of capacity delivered by year-end 2031 and fully deployed in 2032.
Read all positive updates
Company Guidance
Guidance and key metrics: ProPetro now expects full‑year 2026 capital expenditures incurred of $540–$610 million (up from prior $390–$435M), split roughly $140–$160M for the completions business (including ~$40–$50M for planned buyouts of five FORCE electric fleets beginning late‑2026 through 2028) and approximately $400–$450M for PROPWR (with financing arrangements expected to reduce near‑term cash outflows); equipment cost guidance for PROPWR is ~$1.4–$1.5M per megawatt. PROPWR secured a framework to acquire up to ~2.1 GW of additional capacity over five years (added to ~550 MW previously ordered) positioning ~2.6 GW by year‑end 2031 (fully deployed by 2032); current contracted PROPWR capacity is ~240 MW, with advanced negotiations for ~100 MW of oil & gas microgrids (deploying later this year) and several‑hundred‑MW data center opportunities in the pipeline. Operational and near‑term fleet guidance: run ~12 fleets in Q2 (vs ~11 in Q1), ~75% of the fleet is next‑generation, Tier‑4 DGB and FORCE electric fleets are sold out, with a few Tier‑2 diesel fleets available for deployment if economics meet return thresholds. Q1 financials referenced alongside guidance: revenue $271M (‑7% q/q), net loss $4M (‑$0.03/sh) vs prior quarter net income $1M ($0.01/sh), adjusted EBITDA $36M (13% of revenue, down 29% q/q, including $16M of electric fleet lease expense), net cash from operations $3M (vs $81M prior); Q1 capex paid $43M and incurred $85M ($14M completions, ~$71M PROPWR); March 31 cash $157M and total liquidity $289M (including $132M available under the ABL).Propetro Holding Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
78
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.18B | 1.27B | 1.44B | 1.63B | 1.28B | 874.51M |
| Gross Profit | 97.58M | 126.09M | 167.04M | 317.71M | 268.77M | 78.87M |
| EBITDA | 158.96M | 193.43M | 50.30M | 301.70M | 137.10M | 65.55M |
| Net Income | -12.42M | 824.00K | -137.86M | 85.63M | 2.03M | -54.19M |
Balance Sheet | ||||||
| Total Assets | 1.41B | 1.29B | 1.22B | 1.48B | 1.34B | 1.06B |
| Cash, Cash Equivalents and Short-Term Investments | 156.65M | 91.33M | 58.29M | 41.10M | 99.14M | 111.92M |
| Total Debt | 187.12M | 248.87M | 175.42M | 148.58M | 33.16M | 466.00K |
| Total Liabilities | 420.74M | 461.05M | 407.37M | 481.92M | 381.75M | 234.93M |
| Stockholders Equity | 988.67M | 829.84M | 816.27M | 998.39M | 954.03M | 826.30M |
Cash Flow | ||||||
| Free Cash Flow | -11.17M | 42.48M | 112.00M | 3.87M | -19.25M | 11.19M |
| Operating Cash Flow | 177.60M | 228.80M | 252.29M | 374.74M | 300.43M | 154.71M |
| Investing Cash Flow | -157.84M | -149.81M | -155.10M | -384.13M | -349.75M | -104.29M |
| Financing Cash Flow | 73.49M | -38.10M | -80.11M | -46.12M | 26.26M | -7.28M |
Propetro Holding Technical Analysis
Positive
13.96
Price Trends
15.23
Positive
13.09
Positive
10.09
Positive
Market Momentum
0.68
Negative
64.17
Neutral
89.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PUMP, the sentiment is Positive. The current price of 13.96 is below the 20-day moving average (MA) of 16.80, below the 50-day MA of 15.23, and above the 200-day MA of 10.09, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 64.17 is Neutral, neither overbought nor oversold. The STOCH value of 89.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PUMP.
Propetro Holding Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $2.62B | 22.71 | 6.70% | ― | 8.99% | -19.14% | |
72 Outperform | $550.93M | 17.56 | 7.99% | 0.63% | 11.28% | 27.38% | |
67 Neutral | $114.46M | -109.55 | 16.53% | ― | 6.81% | 122.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | $5.40B | 51.72 | 7.39% | 1.78% | -4.02% | -39.84% | |
59 Neutral | $2.21B | -115.61 | -1.43% | ― | -15.55% | 91.88% | |
54 Neutral | $552.58M | 151.76 | -17.52% | ― | -4.50% | -2286.91% |
* Energy Sector Average
PUMP
Propetro Holding
17.89
12.16
212.22%
NGS
Natural Gas Services Group
43.39
18.22
72.39%
OIS
Oil States International
9.09
4.55
100.22%
NCSM
Ncs Multistage Holdings
43.12
11.06
34.50%
LBRT
Liberty Energy
33.11
21.59
187.44%
NESR
National Energy Services Reunited
25.41
19.11
303.33%
Propetro Holding Corporate Events
Business Operations and StrategyPrivate Placements and Financing
ProPetro Upsizes Convertible Notes in Private Offering
Positive
May 7, 2026
On May 4, 2026, ProPetro priced an upsized private offering of $600 million of 0.00% convertible senior notes due 2031, increased from a previously planned $500 million, with settlement closing on May 7, 2026, and an option for initial purchasers ...
Business Operations and StrategyPrivate Placements and Financing
ProPetro Announces Convertible Notes Offering and Credit Expansion
Positive
May 4, 2026
On May 4, 2026, ProPetro announced plans to raise $500 million through a private offering of convertible senior notes due 2031, with an option for initial purchasers to buy an additional $75 million, as part of a broader effort to optimize its cap...
Business Operations and StrategyFinancial Disclosures
ProPetro Expands Power Capacity Amid Weaker Quarterly Results
Negative
Apr 30, 2026
On April 28, 2026, ProPetro subsidiary ProPetro Energy Solutions entered a Global Framework Agreement with Caterpillar under which Caterpillar will reserve about 1.5 gigawatts of incremental power generation capacity, with ProPetro committing to p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.