PROPETRO HOLDING CORP (PUMP)

Company Profile

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. The company is headquartered in Midland, Texas and currently employs 2,000 full-time employees. The company went IPO on 2017-03-17. The firm is focused on providing hydraulic fracturing, wireline and other complementary oilfield completion services to upstream oil and gas companies engaged in the exploration and production (E&P) of North American oil and natural gas resources. Its operations are primarily focused on the Permian Basin. Its Completion Services segment includes hydraulic fracturing, cementing and wireline operations. The company owns and operates a fleet of mobile hydraulic fracturing, wireline and cementing units, and other auxiliary equipment to perform completion services for E&P companies. The company provides cementing services for completion of new wells and remedial work on existing wells. The company provides wireline and ancillary services, such as pumpdown on new oil well completions in the Permian Basin. The firm's coiled tubing services involve injecting coiled tubing into wells to perform completion well intervention operations.

Company Info

PROPETRO HOLDING CORP

1706 S. Midkiff Road, Building B

Midland TEXAS 79701

P: 14326880012

CEO: Phillip A. Gobe

Employees: 2000

Website: https://www.propetroservices.com/