ProPetro Holding Corp (NYSE:PUMP)

8.01
Delayed Data
As of 4:00pm ET
 +0.13 / +1.65%
Today’s Change
7.25
Today|||52-Week Range
16.93
-1.11%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$774.8M

Company Description

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. It operates through the following segments: Hydraulic Fracturing, Cementing, Coil Tubing, Flowback, and Drilling. The Hydraulic Fracturing segment intends to optimize hydrocarbon flow paths during the completion phase of horizontal shale wellbores. The Cementing segment provides isolation between fluid zones behind the casing to minimize potential damage to hydrocarbon bearing formations or the integrity of freshwater aquifers and provides structural integrity for the casing by securing it to the earth. The Coil Tubing segment involves injecting coiled tubing into wells to perform various completion well intervention operations. The Flowback segment consists of production testing, solids control, hydrostatic testing and torque services. The company was founded by Dale Redman and Jeffrey David Smith in 2005 and is headquartered in Midland, TX.

Contact Information

ProPetro Holding Corp.
1706 South Midkiff
Midland Texas 79701
P:(432) 688-0012
Investor Relations:

Employees

Shareholders

Mutual fund holders53.06%
Other institutional26.24%
Individual stakeholders22.03%

Top Executives

Samuel D SledgeChief Executive Officer & Director
Adam MunozPresident & Chief Operating Officer
David S. SchorlemerChief Financial Officer
Elo OmavueziChief Accounting Officer
Newton W. WilsonSecretary & General Counsel