ProPetro (PUMP) Set to Post Quarterly Earnings on Wednesday

ProPetro (NYSE:PUMP) is expected to post its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect ProPetro to post earnings of ($0.0040) per share and revenue of $320.44 million for the quarter. Interested persons may visit 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) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The business had revenue of $305.81 million during the quarter, compared to the consensus estimate of $304.48 million. ProPetro had a negative return on equity of 1.49% and a negative net margin of 1.15%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the business posted ($0.07) earnings per share. 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 Up 3.5%

Shares of NYSE:PUMP opened at $7.58 on Tuesday. ProPetro has a 1 year low of $6.91 and a 1 year high of $18.50. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.09 and a quick ratio of 4.00. The business’s 50-day moving average is $9.94 and its 200-day moving average is $12.56. The company has a market capitalization of $931.59 million, a price-to-earnings ratio of -68.64 and a beta of 0.86.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Piper Sandler lowered their target price on ProPetro from $18.00 to $15.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. Stifel Nicolaus cut their price target on ProPetro from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Wall Street Zen downgraded shares of ProPetro from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th. Barclays lowered their price objective on shares of ProPetro from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Finally, Morgan Stanley dropped their target price on shares of ProPetro from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 14th. Eight equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ProPetro has a consensus rating of “Moderate Buy” and an average target price of $15.05.

Insider Activity at ProPetro

In related news, COO Adam Muñoz sold 70,696 shares of ProPetro stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $11.17, for a total value of $789,674.32. Following the completion of the sale, the chief operating officer owned 148,691 shares of the company’s stock, valued at approximately $1,660,878.47. This trade represents a 32.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director G Lawrence sold 35,831 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.16, for a total transaction of $399,873.96. Following the transaction, the director owned 28,181 shares in the company, valued at approximately $314,499.96. The trade was a 55.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.55% of the company’s stock.

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.