AI Earnings Predictions for ProPetro Holding Corp. (PUMP)

EX-99.1

2 exhibit991-earningsrelea.htm

EX-99.1

exhibit991-earningsrelea

ProPetro Reports Financial Results for the Second Quarter of 2026 MIDLAND, Texas, July 29, 2026, (Business Wire) – ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the second quarter of 2026. Second Quarter 2026 Results and Highlights • Total revenue of $306 million, which increased 13% as compared to $271 million for the prior quarter. • Net loss was $8 million ($0.07 loss per diluted share) as compared to a net loss of $4 million in the prior quarter ($0.03 loss per diluted share). • Adjusted EBITDA(1) of $45 million was 15% of revenue and increased 23% as compared to the prior quarter. • Capital expenditures paid were $61 million and capital expenditures incurred were $71 million. • Net cash provided by operating activities and net cash used in investing activities were $66 million and $58 million, respectively. • Free Cash Flow from Completions Business(2) was $51 million. Recent PROPWR® Highlights • Added approximately 110 megawatts of power generation capacity committed under contract across two separate projects: one supporting a leading integrated upstream operator in the Permian Basin, and another supporting a separate industrial customer. This brings total capacity committed under contract to approximately 350 megawatts. • Engaged in advanced contract negotiations for over 100 megawatts to support other oil and gas operations. • Continued advancing negotiations across multiple data center commercial opportunities, including a subset of several hundred megawatts in advanced discussions. • Assets successfully deployed and operating at a Midwest hyperscaler data center site, making PROPWR one of the first behind-the-meter power providers actively servicing a data center project at scale providing prime power. (1) Adjusted EBITDA is a non-GAAP financial measure and is described and reconciled to net income (loss) in the table under “Non-GAAP Financial Measures.” (2) Free Cash Flow for Completions Business is a non-GAAP financial measure and is described and reconciled to net cash from operating activities in the table under “Non-GAAP Financial Measures." Management Comments Sam Sledge, Chief Executive Officer, commented, “ProPetro’s second quarter results once again demonstrate the strength of our business model. While our results were negatively impacted by a few items during the quarter, including upfront costs associated with standing up our twelfth fleet, a temporary out-of-basin fleet deployment that experienced significant unexpected downtime, and severe weather interrupting our operations across the Permian Basin in June, the underlying performance of the business remained strong. Even with these impacts, our completions business generated resilient free cash flow, a clear demonstration that the industrialized model we have built is working. As we look ahead, we remain encouraged by what we are seeing across our completions business. While uncertainty remains around the broader macro environment and the subsequent impacts from the Iran War, the market continues to tighten as industry attrition has meaningfully reduced available frac capacity. Combined with disciplined capital allocation across the sector, these dynamics are creating a more constructive supply and demand environment and contributing to early pricing momentum. We are also seeing this momentum reflected in increased drilling activity, with the Permian Basin rig count up nearly EXHIBIT 99.1

10% off its first-quarter low, as operators respond to improving conditions, a leading indicator that supports the recovery we are seeing in completions. Our confidence in a more favorable operating environment going forward is also reflected in our decision to activate a thirteenth fleet, which we expect to begin contributing toward the end of the third quarter. PROPWR also continues to build meaningful momentum. Since our last earnings update, we have significantly increased our power generation capacity committed under contract to approximately 350 megawatts, while continuing to advance opportunities across the data center, oil and gas, and industrial markets. Importantly, we are no longer simply building a commercial pipeline, we now have assets successfully operating in the field and meeting performance obligations, strengthening our commercial position and providing customers with tangible examples of our execution capabilities. We believe ProPetro is well positioned with two complementary growth platforms: an increasingly constructive completions business and a rapidly expanding PROPWR platform. Supported by a strong balance sheet, disciplined capital allocation and an exceptional team, we remain confident in our ability to create long-term value for our shareholders.” Caleb Weatherl, Chief Financial Officer, commented, “ProPetro's financial strength remains a key c

EX-99.1

2 exhibit991-earningsrelea.htm

EX-99.1

exhibit991-earningsrelea

ProPetro Reports Financial Results for the First Quarter of 2026 MIDLAND, Texas, April 30, 2026, (Business Wire) – ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the first quarter of 2026. First Quarter 2026 Results and Highlights • Total revenue of $271 million, which decreased 7% as compared to $290 million for the prior quarter. • Net loss was $4 million ($0.03 loss per diluted share) as compared to a net income of $1 million in the prior quarter ($0.01 income per diluted share). • Adjusted EBITDA(1) of $36 million was 13% of revenue and decreased 29% as compared to the prior quarter. • Capital expenditures paid were $43 million and capital expenditures incurred were $85 million. • Net cash provided by operating activities and net cash used in investing activities were $3 million and $41 million, respectively. Recent PROPWR℠ Highlights • Entered into a strategic framework agreement with Caterpillar Inc., securing access to up to approximately 2.1 additional gigawatts of power generation capacity over the next five years which enhances long-term supply visibility and supports PROPWR’s continued growth. The Company is now positioned to have approximately 2.6 gigawatts of power generation capacity delivered by year-end 2031. • Engaged in advanced contract negotiations for approximately 100 megawatts to support oil and gas microgrid projects, with deployments expected later this year. • Achieved major advancements representing several hundred megawatts of high-potential data center opportunities, in a select portion of PROPWR's data center commercial pipeline. (1) Adjusted EBITDA is a non-GAAP financial measure and is described and reconciled to net income (loss) in the table under “Non-GAAP Financial Measures.” Management Comments Sam Sledge, Chief Executive Officer, commented, “ProPetro’s first quarter results once again demonstrated the resiliency of our business model. Despite weather-related disruptions that impacted activity and profitability, we delivered positive financial results in our completions business, particularly when measured by Adjusted EBITDA less incurred capital expenditures. These results highlight the strength of our industrialized model, which is the result of strategic investments, disciplined asset deployment, and rigorous cost management. The actions we took throughout 2025 to protect our assets and right-size our cost structure are benefiting us today and position us to perform successfully in this market. With respect to the broader environment, we are still in the early stages of assessing the global and domestic implications of the Iran War. While uncertainty remains, we are starting to see signs of recovery across the broader North American oilfield services sector, given a strengthening commodity backdrop that is driving early pricing and activity tailwinds across our completions business. Importantly, structural tightening in the completions market continues to intensify, driven by ongoing attrition, particularly among smaller less disciplined competitors. This trend was already emerging prior to the onset of the Iran War and has since accelerated with the recent increase in demand for U.S. frac activity. Notably, there was already very little spare frac equipment capacity even before the conflict began, further amplifying current market constraints. These dynamics, combined with ongoing capital investment discipline and pricing discipline, have tempered any plans to expand capacity both within ProPetro and among our close peers in the completions space. Collectively, these factors have created a more constructive supply and demand environment for our business over time. EXHIBIT 99.1

At the same time, our PROPWR business continues to gain significant momentum, advancing our growth strategy through the recently announced Framework Agreement with Caterpillar and the ongoing expansion of our contracted portfolio. Substantial growth opportunities remain ahead, especially within the rapidly evolving data center sector. We are pleased to report major advancements representing several hundred megawatts of high-potential data center opportunities, in a select portion of our commercial pipeline, further strengthening our presence in the digital infrastructure space. We now have two powerful engines driving our business forward: an improving completions market, and a rapidly expanding PROPWR platform. As always, we will remain focused on what we can control, cost discipline, operational excellence, and strategic capital deployment. With these strengths, we are confident that ProPetro is well positioned to capitalize on the current tailwinds in the completions business and deliver sustained, long-term earnings growth through PROPWR.” Caleb Weatherl, Chief Financial Officer, commented, “During the first quarte

pump-20260218false000168024700016802472026-02-182026-02-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 18, 2026

ProPetro Holding Corp. (Exact name of registrant as specified in its charter)

Delaware 001-38035 26-3685382 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

One Marienfeld Place, 110 N. Marienfeld Street, Suite 300, Midland, Texas 79701 (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (432) 688-0012

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.001 per sharePUMPNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition.

On February 18, 2026, ProPetro Holding Corp. (the “Company”) issued a press release announcing its results for the quarter and the full year ended December 31, 2025. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K. On February 18, 2026, the Company posted an investor presentation to its website pertaining to the financial and operational results for the quarter and the full year ended December 31, 2025 and the commentary discussing financial and operating results for the fourth quarter and full year 2025. The presentation and the commentary are posted on the Company's website at ir.propetroservices.com and attached hereto as Exhibit 99.2 and Exhibit 99.3, respectively. The information furnished with this report, including Exhibit 99.1, Exhibit 99.2 and Exhibit 99.3, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit NumberDescription of Exhibit

99.1Press release announcing fourth quarter and full year 2025 results, dated February 18, 2026.

99.2Investor presentation, dated February 18, 2026.

99.3Commentary discussing financial and operating results for the fourth quarter and full year of 2025.

104Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document (contained in Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 18, 2026

PROPETRO HOLDING CORP.

/s/ Caleb L. Weatherl Caleb L. Weatherl Chief Financial Officer