** Shares of oilfield services provider ProPetro Holding PUMP.N rise 7.6% to $5.67 premarket
** Co beats Q1 revenue estimates, helped by strong utilization and resilient pricing across all service lines
** Posts Q1 revenue of $359.4 million vs estimates of $342.6 million - LSEG data
** PUMP posts adjusted EBITDA of $72.7 million, beating estimates of $61.8 million
** Reports Q1 EPS of 9 cents per share vs estimates of 6 cents per share
** Co expects to operate 13 to 14 active hydraulic fracturing fleets in the second quarter of 2025
** "PUMP's decision to potentially sideline some fleets in 2Q highlights its emphasis on protecting assets rather than conceding on price to boost utilization" says Stifel analyst Stephen Gengaro
** As of last close, stock is down ~44% YTD
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.