{"schema_version":"secwatch.filing_event.v1","accession":"0001680247-24-000072","form_type":"8-K","ticker":"PUMP","cik":"0001680247","company_name":"ProPetro Holding Corp.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.555457+00:00","generated_at":"2026-06-03T03:01:09.295205+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ProPetro Q1 revenue $406M (+17% QoQ), net income $20M; ExxonMobil electric frac contract","bullets":["Total revenue $406M, up 17% sequentially; net income $20M ($0.18 EPS) vs prior Q net loss $17M.","Adjusted EBITDA $93M (23% of rev), up 45% QoQ; capex $40M; free cash flow $41M.","Awarded multi-year ExxonMobil contract for two FORCESM electric frac fleets, option for third, plus wireline/pumpdown.","Share repurchase program increased by $100M to $200M, extended to May 2025; repurchased 3.0M shares in Q1.","Effective frac fleet utilization improved to 15.0 fleets from 12.9 in prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001680247-24-000072","json":"https://secwatch.observer/filing/0001680247-24-000072.json","markdown":"https://secwatch.observer/filing/0001680247-24-000072.md","text":"https://secwatch.observer/filing/0001680247-24-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680247/000168024724000072/0001680247-24-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680247/000168024724000072/pump-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:01:09.295205+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d97c89a8315da30b49fb9fc5eb64cf7c6a2ec05","claim":"ProPetro Holding Corp. reported first quarter of 2024 results: revenue $406 million, net income $20 million ($0.18 income per diluted share), EPS $0.18 per diluted share.","evidence_excerpt":"ProPetro Holding Corp. (\"ProPetro\" or \"the Company\") (NYSE: PUMP) today announced financial and operational results for the first quarter of 2024. First Quarter 2024 Results and Highlights • Total revenue of $406 million increased 17% compared to the prior quarter. • Net Income was $20 million ($0.18 income per diluted share) as compared to a net loss of $17 million in the prior quarter ($0.16 loss per diluted share).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1680247/000168024724000072/0001680247-24-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$406 million"},{"label":"Net income","value":"$20 million ($0.18 income per diluted share)"},{"label":"EPS","value":"$0.18 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}