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Market Overview

ProPetro Holding: Q3 Earnings Insights

Share:

Shares of ProPetro Holding (NYSE:PUMP) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 187.88% year over year to ($0.29), which missed the estimate of ($0.25).

Revenue of $133,710,000 declined by 75.32% from the same period last year, which missed the estimate of $138,200,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

ProPetro Holding hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $12.12

Company's 52-week low was at $1.36

Price action over last quarter: down 32.47%

Company Overview

ProPetro Holding Corp is a Texas-based oilfield services company. It provides hydraulic fracturing and other complementary services to oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. The company focused is on Permian Basin. The operating segment of the company are Hydraulic Fracturing, Cementing, Coiled Tubing, Flowback, and Drilling.

 

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Posted-In: Earnings