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Oilfield services provider ProPetro Holding Corp announced on Friday that its energy unit, PROPWR, signed a deal with a unit of Coterra Energy to supply power for building and installing microgrids in New Mexico's Permian Basin.
Asset manager VR Advisory increased its PUMP stake by 2.5 million shares, a net position change of approximately $12.3 million, in the third quarter. The transaction represented approximately 3.2% of the fund's reportable U.S. equity assets under management (AUM).
Oilfield services companies are suddenly in favor after lagging all year. This focused group of 26 stocks has collectively become the top performing industry group on a QTD basis.
ProPetro (PUMP) continues to expand its PROPWR power segment, now with 360 MW on order and long-term contracts accelerating growth prospects. Frac segment remains resilient with increased long-term contracts, disciplined capital allocation, and a strong balance sheet supporting earnings stability despite Permian headwinds. 2026-2027 EBITDA estimates are poised to rise as PROPWR contracts are an...
ProPetro Holding Corp. ( PUMP ) Q3 2025 Earnings Call October 29, 2025 9:00 AM EDT Company Participants Matt Augustine - Director of Corporate Development & Investor Relations Sam Sledge - CEO & Director Caleb Weatherl - Chief Financial Officer Conference Call Participants Derek Podhaizer - Piper Sandler & Co., Research Division Edward Kim - Barclays Bank PLC, Research Division Scott Gruber - C...
MIDLAND, Texas--(BUSINESS WIRE)--PROPWR Signs Long-Term 60 Megawatt Power Contract for Hyperscaler Data Center, Leveraging Hybrid Energy Storage Technology.
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