ProPetro Holding Corp.
ProPetro Holding Corp. (NYSE: FROP) is a leading integrated energy service company headquartered in Midland, Texas, providing innovative hydraulic fracturing, wireline, cementing, and power generation services to upstream oil and gas exploration and production companies across North America. The company's website is… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What ProPetro Holding Corp. does
In the company’s own words
ProPetro Holding Corp. (NYSE: FROP) is a leading integrated energy service company headquartered in Midland, Texas, providing innovative hydraulic fracturing, wireline, cementing, and power generation services to upstream oil and gas exploration and production companies across North America. The company's website is www.propetroservices.com.
The company operates through four reportable segments. The Hydraulic Fracturing segment provides multi-stage fracturing services for horizontal shale wellbores, with total available hydraulic horsepower of 1,259,500 HHP as of December 31, 2025, comprised of conventional Tier II equipment, Tier IV Dynamic Gas Blending dual-fuel equipment, and FORCE® electric-powered equipment. The Wireline segment operates 28 mobile wireline units providing well completion services including perforating and pumpdown operations. The Cementing segment operates 29 cementing units delivering pressure pumping services for new well completions and remedial work. The Power Generation segment, launched in December 2024 under the PROPWR brand, provides turnkey mobile power generation services to oil and gas producers and industrial applications including data centers, with approximately 240 megawatts of committed capacity as of February 2026.
ProPetro's operations are primarily concentrated in the Permian Basin, particularly the Midland and Delaware sub-basins, where the company has cultivated longstanding relationships with leading E&P companies. The company's top five customers accounted for approximately 68.2 percent of revenue in 2025, with ExxonMobil Corporation representing 24.9 percent of total revenue. The company has strategically expanded its service offerings through acquisitions, including the 2024 acquisition of AquaProp LLC for wet sand solutions, the 2023 acquisition of Par Five Energy Services for Delaware Basin cementing operations, and the 2022 acquisition of Silvertip Completion Services Operating LLC. In November 2024, ProPetro divested its cementing business in Vernal, Utah.
The company's competitive advantages include operational efficiencies, equipment quality and technology, deep customer relationships, expertise in complex Permian Basin completions, and an increasingly lower-emissions equipment portfolio designed to meet evolving customer and regulatory requirements. ProPetro's business model centers on providing dedicated equipment, personnel, and customized services tailored to customer needs while maintaining strategic relationships with key equipment and consumables suppliers.
Company details
- Sector
- Materials
- Industry
- Mining
- Headquarters
- MIDLAND, TX
- Fiscal year end
- December
- CIK
- 1680247
- SIC
- 1389
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns ProPetro Holding Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · ProPetro Holding Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
ProPetro Holding Corp.’s bonds, as funds hold them
Funds report holding 1 issues of ProPetro Holding Corp.’s debt, $14.96M at market value — what funds hold, not the company’s total debt.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do ProPetro Holding Corp. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of ProPetro Holding Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in ProPetro Holding Corp.'s last four quarterly filings that the numbers alone won't show?”