ProPetro Holding Corp. posts $294 million revenue and $2 million net loss for Q3 2025

Reuters
2025.10.29 11:03
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ProPetro Holding Corp. reported Q3 2025 revenue of $294 million, a 10% decrease from the previous quarter. The company experienced a net loss of $2 million, an improvement from a $7 million loss in Q2. Adjusted EBITDA was $35 million, down 29%. Capital expenditures were $44 million paid and $98 million incurred. The company maintained strong cash flow and secured a $350 million lease financing facility for its PROPWR business, aiming for over 1 gigawatt capacity by 2030. 70% of active frac horsepower is under long-term contracts.