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ProPetro Holding Corp.

32 articles mentioning ProPetro Holding Corp. · Page 1 of 2

Top Frac Companies Talk Slowdown In Gas Basin; Oversupplied Permian

Top Frac Companies Talk Slowdown In Gas Basin; Oversupplied Permian

Below the top frac companies talk about what to expect for the remainder of the year. One thing is very clear, almost all is expecting to move / market their gas basin fleets to the permian....

ProPetro Holding Corp. Second Quarter 2022 Results

ProPetro Holding Corp. Second Quarter 2022 Results

ProPetro Holding Corp. announced financial and operational results for the second quarter of 2022. 2Q 2022 and Recent Highlights: Total revenue for the quarter increased 11% to $315 million compared to $283 million for the first...

ProPetro's Chairman Transitions to Non-Executive Chairman Role

ProPetro's Chairman Transitions to Non-Executive Chairman Role

ProPetro Holding Corp. announced the planned transition of Phillip Gobe, the Company’s Executive Chairman, to non-executive Chairman of the Board effective March 31, 2022. Mr. Gobe has served on the ProPetro Board of Directors since July...

Rig Count Vs Frac Spread Count : Week Ending 9/18/2020

Rig Count Vs Frac Spread Count : Week Ending 9/18/2020

A few of asked us if we can provide this chart weekly. Metrics

ProPetro Holding Corp. Second Quarter 2020 Results

ProPetro Holding Corp. Second Quarter 2020 Results

ProPetro Holding Corp. announced unaudited financial and operational results for the second quarter of 2020. Second Quarter 2020 and Recent Highlights Total revenue for the quarter was $106.1 million compared to $395.1 million for the first...

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

The U.S. Frac Crew Count continues to increase. This week we observed an increase in the MidCon region and the Permian Basin. The weekly frac spread count tracks frac fleets across the U.S. on a weekly...

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

This week we observed another uptick in Frac Activity. The U.S. Frac Crew Count increased by +3 this week to end at 64 active fleets. The Permian gained +2 this week and the Bakken up by...

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

This was a good week for the frac market. The week ended with 61 active spreads. Frac Crews overtime.

U.S. Frac Spread/Crew - Week Ending June 12, 2020

U.S. Frac Spread/Crew - Week Ending June 12, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +5 last week. This marks the fourth week that we are...

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +3 last week. This marks the third week that we are...

ProPetro Holding Corp. First Quarter 2020 Results

ProPetro Holding Corp. First Quarter 2020 Results

ProPetro Holding Corp. announced preliminary unaudited financial and operational results for the first quarter of 2020 and provided other updates. Preliminary First Quarter 2020 and Recent Highlights Total revenue for the quarter was $395.1 million compared...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

As expected, Frac fleets remained unchanged this week at 56. As most of you might remember, last week we reported the +2 fleets that started working this week. This week we will include another version of...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

There have been a lot of you, 19 emails to be exact about wanting us to provide a little more details/ break-out of active frac crews by Basin/Play. While this level of details is normally reserved...

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

This week we observed an interesting thing when talking to our contacts in the field. One pressure pumpter told us they were called back by an operator on Monday of this week to complete a pad...

U.S. Frac Crews: Week Ending - May 1, 2020

U.S. Frac Crews: Week Ending - May 1, 2020

This week we report that U.S. frac crews took another leg down. Current crew count ended the week at 69. Weekly Changes Year to date changes

Active Frac Spreads / Frac Crews Week Ending - April 24, 2020

Active Frac Spreads / Frac Crews Week Ending - April 24, 2020

The U.S. frac spreads/completion crew count for the week ending 4/24/2020 is 91. This mark another week where operators are focused on reducing not just their rig count by also completion count as well. To get...

Frac Market Update :  Operators Drop 45 Frac Crews

Frac Market Update : Operators Drop 45 Frac Crews

As more and more operators cut rig counts, they are also dropping frac fleets as well. Below is our Frac Fleet Update as of 4/19/2020 U.S. Frac Crews/ Completion Spreads To demonstrate the share magnitude of...

ProPetro Adopts Poison Pill Strategy After Wilks Bros. Investment

ProPetro Adopts Poison Pill Strategy After Wilks Bros. Investment

ProPetro Holding Corp.'s board has approved the adoption of a short-term (less than one-year) stockholder rights plan in the form of a "poison-pill" strategy. This comes on the heels of the Wilks Brothers LLC taking a...

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

In another week, we look at our Frac Crew Tracking data. This week frac crew count comes in at 188, which is down (-31) from last week. A few observations from our field surveys. - Two...

Wilks Brothers Amps Up Service Sector Investments; Picks Up Stake in ProPetro

Wilks Brothers Amps Up Service Sector Investments; Picks Up Stake in ProPetro

Billionaire Dan Wilks (of Wilks Brothers LLC) has picked up a 10% stake in ProPetro Holding Corp., according to a report by Reuters. In recent weeks, Wilks and his namesake company have seemingly amped up investments...