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ProPetro Holding Corp.

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About

ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources.

Transactions

Report Date Amount (MM) Description
2022-09-01 CA$17.20

ProPetro Sells Coiled Tubing Assets to STEP Energy Services

ProPetro Sells Coiled Tubing Assets to STEP Energy Services

Report Date Amount (MM) Description
2018-11-13 $400.00

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2018-05-11 ProPetro Holding Corp. Equity $229.00

ProPetro Holding Corp. has announced the pricing of an underwritten public offering of 12 million shares…

Report Date Type Amount (MM) Description
2017-11-07 ProPetro Holding Corp. Equity $186.00

ProPetro Holding Corp. has priced an upsized underwritten public offering of 12,000,000 shares of its…

Report Date Type Amount (MM) Description
2017-11-02 ProPetro Holding Corp. Equity --

ProPetro Holding Corp. has commenced an underwritten public offering of 10,000,000 shares of its common…

Report Date Type Amount (MM) Description
2017-03-16 ProPetro Holding Corp. Equity $350.00

Priced IPO of 25 million common shares at $14 each, of which about 13.25 million will be sold by the…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Cracking the Fracking Code: Efficient Approaches to Optimize Wellbores

Technology and process innovations improve operational efficiencies even as companies scramble for greener fracking solutions.

ProPetro to Acquire Aqua Prop for $35.6MM

As part of the transaction, initially valued at $35.6 million, ProPetro will own and provide onsite sand storage and handling.

ProPetro Adds Exxon Designee Volkov to Board

Alex Volkov is currently the transition executive tasked with planning the integration of Pioneer Natural Resources and Exxon Mobil.

ProPetro to Provide eFrac Services to Exxon’s Permian Operations

ProPetro has entered a three-year agreement to provide electric hydraulic fracturing services for Exxon Mobil’s operations in the Permian Basin.

Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation

Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.

ProPetro Ups Share Repurchases by $100MM

ProPetro Holding Corp. is increasing its share repurchase program to a total of $200 million of common shares.

ProPetro Reports Material Weakness in Financial Reporting Controls

ProPetro identified a material weakness in internal controls over financial reporting, the oilfield services firm said in a filing.

Permian Activity in ‘Low-to-no-growth’ Mode for First Half

After multiple M&A moves in 2023 and continued E&P adherence to capital discipline, Permian Basin service company ProPetro sees the play holding steady.

The Completions Package: NexTier, ProPetro Electrify Frac Fleets

NexTier and ProPetro’s respective electric frac fleets are touting a newer, cheaper and more sustainable approach to hydraulic fracturing through electrification.

ProPetro Acquires Permian Cementing Business Par Five Energy

Par Five Energy Services will be integrated within ProPetro Holding’s existing cementing team and operating team and brand.

ProPetro CEO: Next-gen Equipment Demand High Despite Market Headwinds

As the oilfield service market faces headwinds from consolidation and a dwindling rig count, ProPetro CEO Sam Sledge sees Permian Basin demand picking up for next-generation equipment.

Maximum Extraction: Shale Development Enters a New Era

Digitization, electrification and refined chemistry shape the future of hydraulic fracturing.

ProPetro Announces $100 Million Share Repurchase Program

ProPetro Holding’s board of directors approved a $100 million share repurchase program, to be financed using cash on hand and expected free cash flow.

ProPetro Adds Mary Ricciardello to Board of Directors

Ricciardello brings her extensive public company board expertise to her new appointment in ProPetro’s board of directors.

ProPetro’s Low-Carbon Future Still Begins and Ends in the Permian

Following some A&D in 2022, the Permian-focused oilfield service company is shifting its mindset from aggressive growth to sustainability.