ProPetro (PUMP) Expected to Post Quarterly Earnings on Wednesday

ProPetro (NYSE:PUMPGet Free Report) is expected to be posting its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of ($0.01) per share and revenue of $304.4830 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

ProPetro (NYSE:PUMPGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.09. The business had revenue of $270.69 million during the quarter, compared to analysts’ expectations of $277.49 million. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.The company’s revenue was down 24.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 earnings per share. On average, analysts expect ProPetro to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ProPetro Stock Performance

NYSE PUMP opened at $13.19 on Wednesday. The company has a market cap of $1.62 billion, a P/E ratio of -119.87 and a beta of 0.72. ProPetro has a 1-year low of $4.51 and a 1-year high of $18.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.57. The stock has a 50-day moving average of $14.84 and a two-hundred day moving average of $13.58.

Institutional Trading of ProPetro

Several hedge funds and other institutional investors have recently made changes to their positions in PUMP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of ProPetro by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company’s stock worth $379,000 after buying an additional 2,230 shares in the last quarter. Jane Street Group LLC lifted its position in ProPetro by 1.4% during the first quarter. Jane Street Group LLC now owns 224,275 shares of the company’s stock worth $1,648,000 after buying an additional 3,100 shares during the period. Lazard Asset Management LLC lifted its position in ProPetro by 6.5% during the second quarter. Lazard Asset Management LLC now owns 61,236 shares of the company’s stock worth $364,000 after buying an additional 3,732 shares during the period. New York State Common Retirement Fund boosted its stake in ProPetro by 42.2% in the 4th quarter. New York State Common Retirement Fund now owns 14,496 shares of the company’s stock worth $138,000 after buying an additional 4,300 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in ProPetro by 70.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock worth $64,000 after buying an additional 4,461 shares during the last quarter. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Wall Street Analyst Weigh In

PUMP has been the topic of several analyst reports. Odeon Capital Group assumed coverage on ProPetro in a research note on Thursday, May 28th. They issued a “buy” rating on the stock. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 price target on shares of ProPetro in a report on Wednesday, June 3rd. Barclays upgraded shares of ProPetro from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $14.00 to $23.00 in a report on Thursday, May 7th. Bank of America started coverage on ProPetro in a report on Monday, March 30th. They set a “buy” rating and a $18.00 price target for the company. Finally, Weiss Ratings cut ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.25.

View Our Latest Analysis on PUMP

About ProPetro

(Get Free Report)

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.

Read More

Earnings History for ProPetro (NYSE:PUMP)

Receive News & Ratings for ProPetro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProPetro and related companies with MarketBeat.com's FREE daily email newsletter.