ProPetro Holding Corp. (PUMP)

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.

Address

P.O. BOX 873
MIDLAND, TX 79702

Founded

2005

Number of Employees

2,070

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - - - - - $51,738 $45,490 $48,614
Average Price - - - - - - - - - $8.93 $8.27 $8.61
# Shares Purchased - - - - - - - - - 5,794,346 5,502,662 5,648,504
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - - - -21.6% -15.3% -18.7%
S&P 500 Return to Date - - - - - - - - - 31.3% 7.4% 19.4%
Excess Total Return - - - - - - - - - -52.9% -22.7% -38.0%
Quartile Rank
Percentile Rank - - - - - - - - - 18% 18% 29%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.