ProPetro delivered a resilient third quarter despite market headwinds, with total revenue of $294 million and a net loss of $2 million. The company's completions business generated reliable free cash flow, and its PROPWR segment achieved significant milestones, including securing new long-term contracts and expanding contracted capacity.

ProPetro experienced a challenging second quarter in 2025, with total revenue decreasing by 9% to $326 million and a net loss of $7 million, or $0.07 per diluted share, compared to a net income in the previous quarter. Despite the downturn, the company maintained operational and financial stability, supported by its capital-light investment strategy and cost control, and secured a significant 10-year contract for its PROPWR service capacity.

ProPetro reported a strong first quarter for 2025 with significant increases in revenue and a return to profitability. The company saw increased utilization and resilient pricing across its service lines, improved Adjusted EBITDA, and generated positive free cash flow. They also expanded their PROPWR power generation equipment orders and secured new long-term service capacity agreements.

ProPetro reported a decrease in revenue to $321 million compared to the previous quarter, primarily due to decreased hydraulic fracturing utilization. The company experienced a net loss of $17 million, which included a noncash impairment expense. However, ProPetro reduced its capital expenditures and continued to optimize its fleet with next-generation equipment.

ProPetro's Q3 2024 results showed a slight increase in revenue, but a significant net loss due to a non-cash impairment expense. Adjusted EBITDA increased, and the company continued its share repurchase program.

ProPetro reported a decrease in revenue and a net loss for Q2 2024, impacted by customer delays and pricing pressures. However, the company maintained strong free cash flow generation and continued to advance its strategic initiatives, including the transition to electric fleets and opportunistic acquisitions.

ProPetro reported a strong start to 2024, with a 17% increase in revenue compared to the previous quarter, reaching $406 million. Net income was $20 million, a significant improvement from the prior quarter's net loss of $17 million. The company's adjusted EBITDA also saw a substantial increase, reaching $93 million, reflecting a 45% rise compared to the previous quarter.

ProPetro reported a challenging fourth quarter with a net loss of $17 million, impacted by seasonality and customer budget exhaustion, despite strategic execution including an acquisition and electric fleet deployment. The company improved profitability in 2023 through disciplined asset deployment, accretive growth, and a sustainable capital allocation plan.

ProPetro reported a resilient Q3 2023 with a revenue of $424 million and a net income of $35 million ($0.31 per diluted share). The company successfully commissioned its first FORCESM electric-powered hydraulic fracturing fleet and continued to execute its share repurchase program.

ProPetro reported a 3% sequential increase in revenue to $435 million and the highest quarterly net income in over four years at $39 million, or $0.34 per diluted share. The company's strategic initiatives, including the newly acquired wireline business, Silvertip, and fleet modernization efforts, contributed to the positive results. ProPetro also repurchased 2.3 million shares during the quarter and paid down its ABL Credit Facility by $15 million after the quarter end, reflecting a strong balance sheet and liquidity.

ProPetro's first quarter of 2023 saw a 21% sequential increase in total revenue to $424 million, with net income rising to $29 million, or $0.25 per diluted share. Adjusted EBITDA increased 42% sequentially to $119 million, representing 28% of revenues. Effective frac fleet utilization increased to 15.5 fleets compared to 14.5 fleets in the prior quarter.

ProPetro reported a revenue increase of 5% to $349 million compared to the prior quarter and a net income of $13 million, or $0.12 per diluted share. The company completed the acquisition of Silvertip Completion Services Operating, LLC and ordered two additional electric hydraulic fracturing fleets. The company's outlook for full year 2023 cash capital expenditures is expected to be between $250 million and $300 million.

ProPetro reported a 6% increase in revenue to $333 million and a net income of $10 million for Q3 2022, a significant improvement from the previous quarter's net loss of $33 million. The company's Adjusted EBITDA also increased by 18% to $90 million. ProPetro completed the acquisition of Silvertip Completion Services Operating, LLC, expanding its service offerings.

ProPetro Holding Corp. reported an 11% increase in revenue compared to Q1 2022, reaching $315 million. Adjusted EBITDA also increased by 13% to $76 million, representing 24% of revenues. However, the company reported a net loss of $33 million and a free cash flow of $1 million for the same period.

ProPetro reported a strong first quarter in 2022, with a 15% increase in revenue to $283 million and a net income of $12 million, or $0.11 per diluted share, compared to a net loss in the previous quarter. The company also saw an 81% increase in Adjusted EBITDA to $67 million.

ProPetro Holding Corp. reported a decrease in revenue to $246 million, a net loss of $20 million, and an adjusted EBITDA of $37 million for Q4 2021. The company focused on repositioning its business and managing its supply chain, while also generating positive free cash flow from the sale of underutilized turbine generators.

ProPetro reported a 15% increase in revenue to $250 million compared to the previous quarter. Net loss improved by over 40% to $5 million, and Adjusted EBITDA increased by 18% to $42 million. The company's effective utilization was 13.8 fleets, and it generated $8 million in free cash flow.