ProPetro (PUMP) Projected to Announce Quarterly Earnings on Wednesday

ProPetro (NYSE:PUMP) will likely be announcing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect ProPetro to announce earnings of ($0.0040) per share and revenue of $322.63 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings summary page 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 results on Wednesday, July 29th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). ProPetro had a negative return on equity of 1.49% and a negative net margin of 1.15%. The company had revenue of $305.81 million during the quarter, compared to the consensus estimate of $304.48 million. During the same period last year, the firm posted ($0.07) EPS. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. 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 Price Performance

ProPetro stock opened at $7.62 on Wednesday. ProPetro has a 12 month low of $5.68 and a 12 month high of $18.50. The company has a current ratio of 4.09, a quick ratio of 4.00 and a debt-to-equity ratio of 0.80. The business’s 50 day simple moving average is $10.28 and its 200 day simple moving average is $12.95. The company has a market cap of $935.27 million, a price-to-earnings ratio of -69.23 and a beta of 0.86.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PUMP. Weiss Ratings downgraded ProPetro from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, September 29th. Barclays dropped their price target on ProPetro from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Thursday, October 15th. Citigroup cut their price target on ProPetro from $16.00 to $14.50 and set a “buy” rating for the company in a research note on Friday, October 2nd. Stifel Nicolaus cut their price target on ProPetro from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Finally, Scotiabank began coverage on ProPetro in a report on Tuesday, September 29th. They issued a “sector perform” rating and a $12.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $15.05.

Insider Buying and Selling

In other ProPetro news, Director G Lawrence sold 35,831 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $11.16, for a total transaction of $399,873.96. Following the sale, the director owned 28,181 shares of the company’s stock, valued at $314,499.96. The trade was a 55.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Adam Muñoz sold 70,696 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $11.17, for a total transaction of $789,674.32. Following the sale, the chief operating officer directly owned 148,691 shares in the company, valued at $1,660,878.47. The trade was a 32.22% decrease in their position. The SEC filing for this sale provides additional information. Corporate 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.