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ProPetro Q2 Earnings and Revenues Miss Estimates, Expenses Down
ZACKS· 2025-08-01 21:50
Key Takeaways Capital spending hit $73M in Q2, with $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 ...