ProPetro (PUMP) Projected 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 ProPetro to post earnings of ($0.01) per share and revenue of $304.4830 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning summary 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 results on Thursday, April 30th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.09. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.The business had revenue of $270.69 million for the quarter, compared to the consensus estimate of $277.49 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The business’s quarterly revenue was down 24.6% on a year-over-year basis. 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

Shares of PUMP opened at $10.80 on Tuesday. The company has a current ratio of 1.64, a quick ratio of 1.57 and a debt-to-equity ratio of 0.08. The firm has a market cap of $1.32 billion, a PE ratio of -98.15 and a beta of 0.72. ProPetro has a 12 month low of $4.51 and a 12 month high of $18.50. The stock has a fifty day moving average price of $14.43 and a 200-day moving average price of $13.65.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Valiant Capital Management L.P. purchased a new position in shares of ProPetro in the fourth quarter worth about $34,890,000. Sourcerock Group LLC increased its holdings in ProPetro by 66.4% in the 2nd quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock worth $50,198,000 after buying an additional 3,355,848 shares during the period. VR Advisory Services Ltd increased its holdings in ProPetro by 213.2% in the 3rd quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock worth $19,280,000 after buying an additional 2,504,634 shares during the period. Arrowstreet Capital Limited Partnership raised its position in ProPetro by 209.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock worth $14,170,000 after buying an additional 1,830,399 shares during the last quarter. Finally, Millennium Management LLC raised its position in ProPetro by 382.7% during the 3rd quarter. Millennium Management LLC now owns 2,215,896 shares of the company’s stock worth $11,611,000 after buying an additional 1,756,812 shares during the last quarter. 84.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PUMP has been the subject of a number of research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $16.00 price target on shares of ProPetro in a research note on Wednesday, June 3rd. Weiss Ratings lowered ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Barclays upgraded shares of ProPetro from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $14.00 to $23.00 in a report on Thursday, May 7th. Stifel Nicolaus set a $23.00 price objective on shares of ProPetro in a research report on Thursday, July 2nd. Finally, Bank of America initiated coverage on shares of ProPetro in a research note on Monday, March 30th. They issued a “buy” rating and a $18.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.25.

Read Our Latest Report on ProPetro

ProPetro Company Profile

(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.

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Earnings History for ProPetro (NYSE:PUMP)

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