WILLOW PARK, Texas--(BUSINESS WIRE)--ProFrac Holding Corp. (NASDAQ: ACDC) (“ProFrac”, or the “Company”) today announced financial and operational results for its 2024 full year and fourth quarter ended December 31, 2024. Full Year 2024 Results Total revenue was $2.19 billion compared to revenue of $2.63 billion in 2023 Net loss was $208 million compared to net loss of $59 million in 2023 Adjusted EBITDA(1) was $501 million compared to $688 million in 2023; 23% of revenue in 2024 compared to 26%.
ProFrac Holding Corp. (NASDAQ:ACDC ) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Michael Messina - Director of Finance Matt Wilks - Executive Chairman Ladd Wilks - Chief Executive Officer Austin Harbour - Chief Financial Officer Conference Call Participants Saurabh Pant - Bank of America Stephen Gengaro - Stifel Daniel Kutz - Morgan Stanley Operator Greetings and welcome to the ProFrac Fourth Quarter and Year End 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Among the most notable insider purchases of the past week or so is an almost $20 million buy in an American semiconductor concern.
ProFrac Holding remains undervalued with a bright long-term outlook driven by efficiency gains and fleet upgrades. Record efficiency gains and significant investments in high-tech, environmentally friendly fleets are expected to drive future shareholder value despite depressed free cash flow. Demand for power generation driven by AI and industrial electrification presents a strong growth opportunity.
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Innovative Collaboration Aims to Set New Standards in Emissions Reduction and Efficiency WILLOW PARK, Texas , Nov. 12, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") is proud to announce its partnership with Prairie Operating Co. (NASDAQ: PROP) ("Prairie") to implement an electric frac fleet for operations in Colorado. This groundbreaking initiative will feature a fleet of 25 advanced 3,000 HHP single E-Pumps, allowing both hydraulic fracturing and pump down operations to be fully electrified.
ProFrac Holding Corp. (NASDAQ:ACDC ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Michael Messina - Director-Finance Matt Wilks - Executive Chairman Ladd Wilks - Chief Executive Officer Austin Harbour - Chief Financial Officer Conference Call Participants Saurabh Pant - Bank of America Stephen Gengaro - Stifel Sean Mitchell - Daniel Energy Partners Operator Ladies and gentlemen, greetings and welcome to the ProFrac Holding Corp. Third Quarter Earnings Conference Call. At this time all participants are in a listen-only mode.
WILLOW PARK, Texas , Nov. 5, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its third quarter ended September 30, 2024. Third Quarter 2024 Results Total revenue was $575.3 million compared to second quarter revenue of $579.4 million Net loss was $43.5 million compared to net loss of $65.6 million in the second quarter Adjusted EBITDA(1) was $134.8 million compared to $135.6 million in the second quarter Net cash provided by operating activities was $98.0 million compared to $113.5 million in the second quarter Capital expenditures totaled $70.0 million Free cash flow(2) was $30.9 million Matt Wilks, ProFrac's Executive Chairman, stated, "We continued our recent quarterly trend setting new operating efficiency records while delivering leading performance for our customers amidst a challenging market environment.
WILLOW PARK, Texas , Oct. 25, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its third quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Tuesday, November 5, 2024 at 11:00 a.m. Eastern / 10:00 a.m.
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.