The U.S. pressure pumping market is down overall, but the demand for modern equipment isn't as affected. ProPetro is one of the service suppliers that has already upgraded most of its fleets and now benefits from higher utilization and margins with less capex. If natural gas drilling comes back, the market may put an even bigger premium on ProPetro's modern equipment.
The first lesson in investing is that returns are not guaranteed — especially in stocks. Companies constantly fluctuate in value as the wheel of the stock market turns, and daily trades come in by the millions.
ProPetro Holding Corp. (NYSE:PUMP ) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Matt Augustine – Director of Corporate Development and Investor Relations Sam Sledge – Chief Executive Officer David Schorlemer – Chief Financial Officer Adam Munoz – President and Chief Operating Officer Conference Call Participants Luke Lemoine – Piper Sandler Derek Podhaizer – Bar...
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Reports Financial Results for the First Quarter of 2024.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.