secwatch.observer — SEC 8-K summary
======================================

Issuer:     ProPetro Holding Corp. (PUMP)
CIK:        0001680247
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001680247-25-000143
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProPetro reports Q3 revenue $294M (-10% QoQ), net loss narrows to $2M; PROPWR secures 60MW data center contract
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000143/0001680247-25-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680247/000168024725000143/pump-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001680247-25-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer