Provides hydraulic fracturing and other well-completion services to oil & gas producers in the Permian Basin.
Provides hydraulic fracturing and other well-completion services to oil & gas producers in the Permian Basin.
Rents out pumping crews and fleets to oil producers under dedicated-fleet agreements or job-by-job pricing, so earnings depend on how many fleets are working and what they can charge. Pumps wear out quickly, so heavy maintenance and replacement spending is built in. It has been adding electric-powered fleets alongside its diesel ones.
Moat: narrow (scale, installed base). Permian-focused fleet close to core customers, but a cyclical, price-competitive service.
Headquarters: Midland, Texas, United States · Founded: 2007 · Employees: 1,700
Size ProPetro (PUMP) is a United States Energy company (Oilfield Services/Equipment) with a market value of $785M, the 2408th largest of 3,117 United States companies the cockpit tracks. Shares closed at $6.39 on 6 Nov 2026.
Performance Over six months the shares fell 59.2%, against -21.9% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue fell 6.0% over the last twelve months (peer median -2.2%); the operating margin is 0.1% (peer median 2.9%).
Valuation It trades at 35.1× forward earnings against a peer median of 14.5× (3rd most expensive of 16).
Capital Return on invested capital runs 7.1 points below its cost of capital (7.2% WACC).
Backlog Backlog (remaining performance obligations) was $38.7M at 31 Dec 2024, up 14% on a year earlier — 0.0 years of trailing revenue. Backlog detail →
Credit ProPetro has 1 bond outstanding ($690M).
Short interest Short interest is 15.5% of the free float (15 Oct 2026).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.22B | $1.27B | $1.44B | $1.63B | $1.28B |
| Revenue growth | — | -12% | -11% | +27% | — |
| Gross profit | $122M | $126M | $167M | $318M | $269M |
| EBITDA | $171M | $193M | $266M | $384M | $285M |
| Net income | $2.00M | $824,000 | -$138M | $85.6M | $2.03M |
| Free cash flow | -$98.1M | $42.5M | $112M | $3.87M | -$19.3M |
| Capital expenditure | $292M | $186M | $140M | $371M | $320M |
| Total debt | $891M | $213M | $175M | $149M | $33.2M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ProPetro PUMP | $785M | -59% | -6% | 0% | 35.1× | n/a |
| Liberty Energy LBRT | $1.95B | -64% | +14% | 2% | n/a | n/a |
| Halliburton HAL | $26.3B | -20% | +2% | 13% | 11.7× | -0.3% |
| Patterson-UTI Energy PTEN | $3.76B | -13% | 0% | 0% | 26.0× | 42.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PUMP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -29.3% | -9.5% | 5th lowest of 21 |
| 6-month return | -59.2% | -21.9% | 2nd lowest of 20 |
| Distance from 52-week high | -65.5% | -45.5% | 5th lowest of 21 |
| Revenue growth (TTM) | -6.0% | -2.2% | 10th lowest of 21 |
| Operating margin | 0.1% | 2.9% | 8th lowest of 21 |
| Forward P/E | 35.1× | 14.5× | 3rd most expensive of 16 |
| ROIC minus cost of capital | -7.1 pp | -4.2 pp | 10th lowest of 21 |
| EV / EBITDA | 5.5× | 7.3× | 5th cheapest of 14 |
| Net debt / EBITDA | 0.9× | 1.1× | 7th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ProPetro PUMP | United States | $785M | -59% | -6% | 0% | 35.1× | n/a | n/a |
| Forum Energy Technologies FET | United States | $800M | +30% | +11% | 7% | 12.9× | 3.5% | +9.1% |
| Viridien VIRI.PA | France | $763M | -16% | -14% | 11% | 22.9× | -2.9% | +4.1% |
| Bomesc Offshore Engineering 603727.SS | China | $823M | +6% | -12% | -7% | 249.4× | -9.1% | -6.1% |
| Total Energy Services TOT.TO | Canada | $851M | +41% | +22% | 9% | 9.7× | 3.7% | +23.8% |
| Hunting HTG.L | United Kingdom | $714M | -25% | -12% | 7% | 14.3× | 17.8% | +9.6% |
| Toyo Engineering 6330.T | Japan | $711M | -16% | -31% | -10% | 14.2× | -2.1% | -0.1% |
| Shandong Molong Petroleum Machinery 002490.SZ | China | $704M | -33% | +51% | 0% | n/a | n/a | n/a |
| Flotek Industries FTK | United States | $886M | +45% | +59% | 13% | 21.9× | n/a | n/a |
| Atlas Energy Solutions AESI | United States | $678M | -71% | -4% | -11% | n/a | n/a | n/a |
| Haimo Technologies 300084.SZ | China | $667M | -31% | -7% | -12% | n/a | n/a | n/a |
| Ashtead Technology AT..L | United Kingdom | $660M | +26% | +9% | 26% | 16.2× | -5.5% | +36.8% |
| Dalipal 1921.HK | Hong Kong | $603M | -29% | +3% | 3% | 14.5× | n/a | n/a |
| Jiangsu Hongtian Technology 603800.SS | China | $1.11B | -32% | -27% | -15% | 62.3× | 32.4% | +5.1% |
| Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1 688377.SS | China | $554M | -52% | 0% | 9% | 30.2× | 7.5% | +11.4% |
| ProFrac ACDC | United States | $547M | -55% | -16% | -11% | n/a | n/a | n/a |
| RPC RES | United States | $1.18B | -22% | +18% | 3% | 17.9× | 12.2% | +22.1% |
| Hornbeck Offshore Services HOS | United States | $1.18B | n/a | +2% | 8% | 8.6× | -1.1% | +12.0% |
| Calfrac Well Services CFW.TO | Canada | $506M | +36% | -15% | 6% | 7.2× | -10.9% | +14.5% |
| China Oil HBP Science & Technology 002554.SZ | China | $502M | -28% | -29% | -17% | n/a | n/a | n/a |
| Oil States International OIS | United States | $499M | -4% | -1% | 1% | 13.5× | 27.7% | +1.0% |
ProPetro has 1 bond outstanding with $690M face value.
ProPetro reported $38.7M of remaining performance obligations at 31 Dec 2024, up 14% from a year earlier. That is 0.0 years of trailing revenue already under contract.