ProPetro Q2 revenue down 12% to $357M; net loss of $4M vs prior quarter net income of $20M

ProPetro Holding Corp.

2024-Q2 EPS reported $0.15 revenue$762,864,000

Revenue $357M (-12% QoQ); net loss $4M ($0.03 loss per share) vs net income $20M ($0.18) prior quarter.
Adjusted EBITDA $66M (19% of revenue), down 29% sequentially; free cash flow $48M.
Repurchased 2.5M shares in Q2; cumulative 11.3M shares (~10% outstanding) since May 2023 plan inception.
Acquired Aqua Prop LLC for wet sand solutions; ordered fifth FORCE electric fleet for 2024 deployment.

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.