ProPetro (PUMP) Projected to Post Earnings on Wednesday

ProPetro (NYSE:PUMP) is projected to post its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of ($0.01) per share and revenue of $304.4830 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 9:00 AM ET.

ProPetro (NYSE:PUMP) last announced its earnings results on Thursday, April 30th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.09. The company had revenue of $270.69 million for the quarter, compared to analysts’ expectations of $277.49 million. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.ProPetro’s quarterly revenue was down 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 earnings per share. On average, analysts expect ProPetro to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ProPetro Price Performance

PUMP opened at $11.78 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.57. The firm’s fifty day moving average price is $14.57 and its two-hundred day moving average price is $13.64. ProPetro has a 1 year low of $4.51 and a 1 year high of $18.50. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of -107.05 and a beta of 0.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Valiant Capital Management L.P. purchased a new position in ProPetro in the fourth quarter valued at approximately $34,890,000. Sourcerock Group LLC increased its position in ProPetro by 66.4% in the second quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock worth $50,198,000 after buying an additional 3,355,848 shares during the last quarter. VR Advisory Services Ltd increased its position in ProPetro by 213.2% in the third quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock worth $19,280,000 after buying an additional 2,504,634 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of ProPetro by 209.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock valued at $14,170,000 after buying an additional 1,830,399 shares during the period. Finally, Millennium Management LLC raised its stake in shares of ProPetro by 382.7% in the third quarter. Millennium Management LLC now owns 2,215,896 shares of the company’s stock valued at $11,611,000 after buying an additional 1,756,812 shares during the period. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on PUMP shares. Odeon Capital Group started coverage on shares of ProPetro in a research report on Thursday, May 28th. They issued a “buy” rating for the company. Bank of America began coverage on ProPetro in a research note on Monday, March 30th. They issued a “buy” rating and a $18.00 target price on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $16.00 target price on shares of ProPetro in a report on Wednesday, June 3rd. Piper Sandler increased their price target on ProPetro from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Finally, Barclays upgraded ProPetro from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $14.00 to $23.00 in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.25.

About ProPetro

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.