ProPetro Holding Corp. (NYSE:PUMP ) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Matt Augustine - Director, Corporate Development and Investor Relations Sam Sledge - Chief Executive Officer David Schorlemer - Chief Financial Officer Conference Call Participants Kurt Hallead - Benchmark John Daniel - Simmons Eddie Kim - Barclays Waqar Syed - ATB Capital Markets Derek Podhaizer - Piper Sandler Donald Crist - Johnson Rice Operator Good day, and welcome to the ProPetro Holding Corp Fourth Quarter and Full Fiscal Year 2024 Conference Call. Please note, this event is being recorded.
ProPetro Holding (PUMP) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.16 per share a year ago.
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces Fourth Quarter 2024 Earnings Call.
PUMP secures a term contract to provide electric hydraulic fracturing services to a major Permian operator, expanding its FORCE fleet and mobile power generation.
ProPetro (PUMP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ProPetro (PUMP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ProPetro (PUMP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
ProPetro launches ProPWR, its new subsidiary for mobile power generation, with a $122 million investment and 110 megawatts order to support growing energy demand.
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Announces ProPWR Power Generation Business.
PUMP expects 2024 capital expenditures to be between $150 million and $175 million, with 14 active frac fleets operating in the fourth quarter.