---
schema_version: "secwatch.filing_event.v1"
accession: "0001680247-23-000082"
form_type: "8-K"
ticker: "PUMP"
cik: "0001680247"
company_name: "ProPetro Holding Corp."
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:47:14.615734+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ProPetro acquires Par Five Energy cementing assets; expects $10M 2024 EBITDA boost

## Summary
- Acquisition of Par Five's cementing business in the Delaware Basin complements existing Midland Basin operations.
- Par Five owned over 14 cementing spreads and recently expanded its bulk plant facilities.
- ProPetro expects the deal to increase 2024 Adjusted EBITDA by ~$10M with 80-90% conversion to free cash flow.
- CEO Sam Sledge cites accretive growth and enhanced free cash flow generation as strategic rationale.
- Transaction advised by PPHB and Vinson & Elkins; legal advisor to Par Five was Murphy Mahon Keffler & Farrier.

## SEC filing metadata
- accession: 0001680247-23-000082
- form_type: 8-K
- ticker: PUMP
- cik: 0001680247
- company_name: ProPetro Holding Corp.
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680247/000168024723000082/0001680247-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680247/000168024723000082/pump-20231204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001680247-23-000082
- JSON: https://secwatch.observer/filing/0001680247-23-000082.json
- Plain text: https://secwatch.observer/filing/0001680247-23-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.