ProPetro Q3 2023 net income $35M, repurchases 1.9M shares

ProPetro Holding Corp.

2023-Q3 EPS reported $0.90 revenue$1,282,623,000

Revenue of $424M; net income $35M ($0.31 diluted EPS) for 5th consecutive quarter of profit.
Adjusted EBITDA of $108M (25% of revenue); capital expenditures of $59M.
Repurchased 1.9M shares in Q3; total 4.2M (~4% of shares outstanding) since May 2023 plan.
Commissioned first FORCESM electric hydraulic fracturing fleet; effective fleet utilization 15.5 vs 15.9 prior quarter.
Published inaugural 2023 Sustainability Report.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ProPetro Holding Corp. reported third quarter of 2023 results: revenue $424 million, net income $35 million ($0.31 per diluted share), EPS $0.31 per diluted share.

Period: third quarter of 2023
Revenue: $424 million
Net income: $35 million ($0.31 per diluted share)
EPS: $0.31 per diluted share
Result: reported results

Exact text from the filing

or "the Company") (NYSE: PUMP) today announced financial and operational results for the third quarter of 2023. Third Quarter 2023 Results and Highlights • Total revenue of $424 million. • Net Income was $35 million ($0.31 per diluted share), a 5th consecutive quarter of net income. • Adjusted EBITDA(1) of $108 million, or 25% of revenue. • Capital expenditures

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

ProPetro Holding Corp. filing history →

Source: SEC EDGAR

accession 0001680247-23-000074

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.