earnings
confidence high
sentiment neutral
materiality 0.65
ProPetro reports Q3 revenue $294M (-10% QoQ), net loss narrows to $2M; PROPWR secures 60MW data center contract
ProPetro Holding Corp.
2025-Q3 EPS reported
$0.00
revenue$979,483,000
- Total revenue $294M, down 10% QoQ; net loss $2M vs $7M loss prior quarter.
- Adjusted EBITDA $35M (12% of revenue), down 29% QoQ.
- PROPWR secured 60MW contract with hyperscaler data center; total contracted capacity >150MW, targeting 220MW by year-end.
- Signed LOI for $350M lease financing facility to fund PROPWR projects.
- Approximately 70% of active hydraulic horsepower under long-term contracts; seven total frac fleets contracted.