secwatch.observer — SEC 8-K summary
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Issuer:     ProPetro Holding Corp. (PUMP)
CIK:        0001680247
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001680247-25-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProPetro reports FY 2024 net loss of $138M; revenue down 11% YoY to $1.4B
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- Net loss of $138M ($1.31 diluted EPS) vs net income of $86M ($0.76) in 2023.
- Adjusted EBITDA of $283M, down 30% YoY; revenue fell to $1.4B.
- Q4 2024 revenue $321M, net loss $17M vs prior quarter net loss $137M.
- Formed PROPWR power gen business with 140 MW of ordered equipment; acquired AquaProp.
- Repurchased 7.2M shares in 2024 (13.0M since plan inception); capex reduced 57% to $133M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000026/0001680247-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000026/pump-20250219.htm
  HTML page:      https://secwatch.observer/filing/0001680247-25-000026

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