ProPetro Q2 Earnings and Revenues Miss Estimates, Expenses Down
Key Takeaways Capital spending hit 43M allocated to PROPWR equipment development.No shares were repurchased in Q2 as PUMP prioritized PROPWR expansion over buybacks.PUMP expects to operate 10-11 fracturing fleets in Q3, down from 13-14 due to market conditions.ProPetro Holding Corp. (PUMP) reported a second-quarter 2025 adjusted loss per share of 7 cents in contrast to the Zacks Consensus Estimate of a profit of 3 cents. This underperformance could be primarily attributed to weak pricing a ...