ProPetro (NYSE:PUMP – Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of ($0.0040) per share and revenue of $320.44 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 9:00 AM ET.
ProPetro (NYSE:PUMP – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). The firm had revenue of $305.81 million for the quarter, compared to analysts’ expectations of $304.48 million. ProPetro had a negative net margin of 1.15% and a negative return on equity of 1.49%. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.07) EPS. On average, analysts expect ProPetro to post ($0.10) EPS for the current fiscal year and $0.29 EPS for the next fiscal year.
ProPetro Stock Down 0.2%
PUMP stock opened at $7.28 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.00 and a current ratio of 4.09. The company has a market capitalization of $893.52 million, a price-to-earnings ratio of -66.14 and a beta of 0.86. ProPetro has a fifty-two week low of $6.28 and a fifty-two week high of $18.50. The stock has a fifty day moving average of $10.02 and a 200-day moving average of $12.81.
Wall Street Analyst Weigh In
PUMP has been the topic of several recent research reports. Scotiabank initiated coverage on shares of ProPetro in a report on Tuesday, September 29th. They set a “sector perform” rating and a $12.00 price objective on the stock. Weiss Ratings lowered shares of ProPetro from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, September 29th. Morgan Stanley reduced their target price on shares of ProPetro from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 14th. Stifel Nicolaus lowered their price target on shares of ProPetro from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, Barclays dropped their price target on shares of ProPetro from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Eight investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $15.05.
Check Out Our Latest Analysis on PUMP
Insiders Place Their Bets
In other news, COO Adam Muñoz sold 70,696 shares of ProPetro stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total value of $789,674.32. Following the completion of the transaction, the chief operating officer directly owned 148,691 shares in the company, valued at approximately $1,660,878.47. The trade was a 32.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director G Lawrence sold 35,831 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $11.16, for a total value of $399,873.96. Following the sale, the director owned 28,181 shares in the company, valued at approximately $314,499.96. The trade was a 55.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.55% of the stock is owned by company insiders.
About ProPetro
ProPetro Holding Corp. is an oilfield services company that provides completion and production services to oil and natural gas exploration and production companies. Its primary offerings include hydraulic fracturing, well stimulation and wireline services used to prepare newly drilled wells for production and support ongoing well operations.
The company operates primarily in the Permian Basin, serving customers in the West Texas and southeastern New Mexico region. ProPetro’s services are focused on unconventional shale and tight-rock wells, where specialized pumping, pressure-control and downhole technologies are used to improve hydrocarbon recovery.
ProPetro was founded in 2007 and is headquartered in Midland, Texas.
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