Reading PUMP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PUMP free→Reading PUMP? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PUMP free→NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been unsteady. Risk is elevated, and the sector backdrop is a headwind. Compared with sector peers, it is below typical. Peer multiples imply a price roughly in line with where it trades (about fair); the read is fair, but weakening. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $15.18. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $15 PUMP trades at 1× p/s, in line with its 1× p/s peer median. Our $13 fair value reflects that, medium confidence. Analysts: $14–$20. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 13% near-term growth, ahead of our forecast of about -7%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=979).
Over the trailing year it converted -14.46x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated volatile grew net income 45% of the time over the next year (vs 48% for the rest of the cohort, n=252).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.02 → $-0.01 (+75.8% / 30d). 0 raised, 1 cut, 8 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 75% of analysts rate Buy.
2 PT revisions / 30d. Avg target 6.3% above current price.
0 positive, 0 negative / 30d.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$215.
How much price usually moves either way.
On a bad day, this stock has moved -$625.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,274.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Weak RFP status may indicate challenges in securing new contracts and revenue.
Confirms:Management says RFP status is better. This means more chances for contracts.
Disproves:Management says RFP status is still weak during the earnings call.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PUMP yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 28, 2026, ProPetro Holding Corp. (the “Company”) announced the resignation of Alex V. Volkov from the Company’s Board of Directors (the “Board”). In connection with Mr. Volkov’s resignation, the Company reduced the size of the Board from eight to seven directors. Mr. Volkov had been nominated as a director pursuant to an Investor Rights Agre…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
$14.00 – $20.00 (median $15.50) · 4 analysts · as of 2026-06-03
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Oil & Gas Equipment & Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PUMP ProPetro Holding Corp. | Below typical Show detailsSector percentile: 14 of 100 | full | elevated |
SLB Schlumberger | Typical Show detailsSector percentile: 63 of 100 | fair | moderate |
BKR Baker Hughes | Above typical Show detailsSector percentile: 74 of 100 | full | moderate |
HAL Halliburton | Above typical Show detailsSector percentile: 81 of 100 | fair | moderate |
FTI TechnipFMC | Above typical Show detailsSector percentile: 78 of 100 | full | moderate |
Not investment advice. As of 2026-06-15.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
ProPetro has increased its full-year 2026 capital expenditures guidance to between $540 million and $610 million.
Stated in 2 of last 2 quarters. CAPEX guidance increased from $390-$435 million to $540-$610 million. Despite the increase in guidance, the company's revenue decreased from $289.7 million in 2025-Q4 to $270.7 million in 2026-Q1, indicating limited progress in financial performance.
“The Company now anticipates full-year 2026 capital expenditures incurred to be between $540 million and $610 million.”
“The Company anticipates full-year 2026 capital expenditures to be between $390 million and $435 million.”
ProPetro announced a share buyback program as part of its capital allocation strategy.
Newly stated in 2026-Q1. ProPetro announced a share buyback program alongside the issuance of $690 million in convertible notes. However, there is no evidence of share repurchases in the financials, indicating limited progress in executing the buyback.
“ProPetro announced the issuance of $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031.”
ProPetro entered into a Global Framework Agreement with Caterpillar for power generation capacity.
Newly stated in 2026-Q1. ProPetro entered into a strategic partnership with Caterpillar for 1.5 gigawatts of power generation capacity. This partnership is a positive step towards growth, but its impact on financials is not yet visible, as revenue decreased from $289.7 million in 2025-Q4 to $270.7 million in 2026-Q1.
“ProPetro entered into a Global Framework Agreement with Caterpillar for 1.5 gigawatts of power generation capacity.”
Why it matters: A rebound in revenue growth signals a shift from the current mature phase of the sector.
Confirms:Q2 revenue growth reported above 2%, indicating a return to growth.
Disproves:Q2 revenue growth is at or below 2%. This shows that growth is still slow.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 7, 2026, the Board of Directors of ProPetro Holding Corp. (the “Company”) approved, subject to stockholder approval, the Third Amended and Restated ProPetro Holding Corp. 2020 Long Term Incentive Plan (the “A&R LTIP”). As further described below in Item 5.07, the Company’s stockholders approved the A&R LTIP at the Company’s 2026 Annual Mee…
Entry Into or Amendment of a Material Definitive Agreement Indenture On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”), which included the exercise in full of the Initial Purchasers’ (as defined below) option to purchase up to an additional $90 million principal amount of Notes. The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as…
Results of Operations and Financial Condition. On April 30, 2026, ProPetro Holding Corp. (the “Company”) issued a press release announcing its results for the quarter ended March 31, 2026. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K. On April 30, 2026, the Company posted an investor presentation to its website pertaining to the financial and operational results for the quarter ended March 31, 202…
Entry Into a Material Definitive Agreement. On April 28, 2026 (the “Effective Date”), ProPetro Energy Solutions, LLC (“PROPWR”), a Delaware limited liability company and a wholly owned subsidiary of ProPetro Holding Corp. (the “Company”), a Delaware corporation, entered into a Global Framework Agreement (the “GFA”) with Caterpillar Inc. (“Caterpillar”), a Delaware corporation, pursuant to which Caterpillar will reserve approximately 1.5 gigawatts (“Reserved Capacity”) of incremental power gen…