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BUZZ-ProPetro rises after upbeat Q4 results

Reuters
Feb 18
BUZZ-ProPetro rises after upbeat Q4 results

** Shares of oilfield services provider ProPetro Holding PUMP.N rise 4.4% to $12.5 premarket

** Co posts Q4 adjusted core profit of $51 million, beating estimates of $38.15 million - data compiled by LSEG

** PUMP posts Q4 revenue of $290 million vs analyst estimate of $275 million

** Co expects 2026 capital expenditure to be between $390 million and $435 million

** Co says to incur about $250 million to $275 million in 2026 for its PROPWR business

** "Despite these headwinds, our resilient completions business and expanding PROPWR platform provide ProPetro with a strong foundation to navigate and withstand ongoing market turbulence," says CEO Sam Sledge

** In 2025, PUMP was down 3.6%

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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