other material
confidence high
sentiment neutral
materiality 0.70
ProPetro announces public offering of 12.5M shares and preliminary Q4/FY2025 results
ProPetro Holding Corp.
- Offering 12.5M shares of common stock; proceeds for growth capital for power generation equipment. Underwriters have 30-day option for additional 1.875M shares.
- Preliminary Q4 2025 revenue $289-291M, cost of services $214-216M; FY2025 revenue $1,269-1,271M, cost of services $967-969M. Net income for 2025 $15.6M ($1.76 EPS).
- As of Dec 31, 2025: $91M cash, $78M Cat loan, $45M revolver drawn. Q4 share buyback of 209,000 shares. NIM expanded to 3.46% (+33bps YoY).
- PROPWR business secured power contracts with Coterra Energy, total committed capacity ~230 MW, on-order generation ~550 MW to be delivered by year-end 2027.