ProPetro Holding Corp. (PUMP) Stock

ProPetro Holding Corp. (PUMP) is a Energy stock trading at $11.23 (as of 2026-09-02), with a market capitalization of $1.38B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

ProPetro Holding Corp. provides hydraulic fracturing and related services for oil and natural gas exploration and production. Its operations include a Pressure Pumping segment and an “All Other” segment, offering services such as cementing, acidizing, and coiled tubing to oil and gas customers in North America.

Understand ProPetro Holding Corp.: how it makes money

ProPetro operates hydraulic fracturing fleets and cementing rigs that it dispatches to North American oil and gas operators for each well it completes. Customers pay daily service rates per unit, so revenue tracks directly with how many wells are being drilled and fracked.

The fleet is the balance sheet: each multi-million-dollar frac unit earns a daily rate, and when utilization drops, fixed costs (depreciation, crew, fuel) keep running while per-day revenue vanishes.

Revenue by segment (latest quarter)
Hydraulic Fracturing$0.2B
Wireline Cementing$0.1B
All Other$0.0B
Other$0.0B

Business quality (Weak): Negative operating margin and falling revenue signal a business in a down-cycle where fixed fleet costs outpace shrinking service demand.

Bull case

  • Frac core is the engine: Hydraulic Fracturing Service Revenue of $180M accounts for 60% of total revenue, making the deployed fleet the clear profit center and giving ProPetro direct exposure to North American drilling activity.
  • Cementing adds a stickier line: Wireline Cementing Service Revenue of $60M (20% of revenue) comes from well-completion work that is somewhat less lumpy than frac campaigns, providing a steadier revenue base between major frac programs.

Bear case

  • Top-line erosion is real: Quarterly revenue of $300M is down 6% year over year, indicating that E&P customers are active fewer wells or bidding down daily service rates, which squeezes already thin profits.
  • Fleet costs outrun demand: An operating margin of -1% on $300M of quarterly revenue means the capital-intensive fleet model is not yet generating operating profit; any further utilization dip pushes the company deeper into losses.
Valuation — source: SEC EDGAR (first-party)
Price$11.23
Market Cap$1.38B
EV / EBITDA8.4
Price / Book1.44
Price / Sales1.19
FCF Yield3.3%
DCF Value (model)$7.62
DCF Upside vs Price-32.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.27B
Net Margin0.1%
Revenue Growth (YoY)-6.2%
EPS Growth (YoY)0.0%
FCF Growth (YoY)-216.5%
Financial Health — source: SEC EDGAR
Altman Z-Score2.80 (grey)
Valuation vs Sector & Industry
Sector P/E (Energy)16.1
Industry P/E (Petroleum & Natural Gas)15.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($123.51M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOSamuel D. Sledge
Employees1,900
CountryUS
IPO Date2017-03-17

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PUMP earnings history · PUMP institutional & insider holders · PUMP KPIs & operating metrics · PUMP financials · PUMP investor presentations & press releases · PUMP SEC filings · PUMP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.