ProPetro Holding

About ProPetro Holding

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, Wireline, Cementing, and Power Generation. The Hydraulic Fracturing segment intends to optimize hydrocarbon flow paths during the completion phase of horizontal shale wellbores. The Wireline segment includes wireline and ancillary services on new oil well completions in the Permian Basin. 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 Power Generation segments manage turnkey power generation services to oil and gas producers and non-oil and gas applications. The company was founded by Dale Redman and Jeffrey David Smith in 2005 and is headquartered in Midland, TX.

Founded

2007

CEO

Mr. Samuel D. Sledge

Employees

1,700

Headquarters

Midland, Texas, United States of America

Fiscal year end

12-31

Website

propetroservices.com

Company profile

Exchange

US

Symbol

PUMP

Market-cap rank

#3132

Listing date

2017-03-17

Market cap

1.14B

Float cap

984.57M

Shares out

122.82M

Float shares

106.10M

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