Pro Petro Holding Corp. - Understand $pump stock

$PUMP Market Cap: $848.1 Million

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Financial Snapshot

Revenue

$1.472B

TTM

Gross Margin

26.31%

TTM

Net Earnings

-$137.9M

TTM

Current Assets

$306.8M

Q3 2024

Current Liabilities

$254.9M

Q3 2024

Current Ratio

120.39%

Q3 2024

Total Assets

$1.280B

Q3 2024

Total Liabilities

$447.3M

Q3 2024

Book Value

$833.0M

Q3 2024

Cash

$46.57M

Q3 2024

P/E

-6.150

Nov 29, 2024 EST

Free Cash Flow

$121.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.630B	$1.280B	$874.5M	$789.2M	$2.052B	$1.705B	$981.9M	$436.9M	$569.6M
YoY Change	27.4%	46.33%	10.81%	-61.54%	20.4%	73.6%	124.72%	-23.29%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.630B	$1.280B	$874.5M	$789.2M	$2.052B	$1.705B	$981.9M	$436.9M	$569.6M
Cost Of Revenue	$1.132B	$882.8M	$662.3M	$584.3M	$1.470B	$1.271B	$813.8M	$404.1M	$483.3M
Gross Profit	$498.6M	$396.9M	$212.2M	$205.0M	$582.0M	$434.0M	$168.0M	$32.80M	$86.30M
Gross Profit Margin	30.58%	31.01%	24.27%	25.97%	28.36%	25.46%	17.11%	7.51%	15.15%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$114.4M	$111.8M	$82.92M	$86.80M	$105.1M	$54.00M	$49.20M	$26.60M	$27.40M
YoY Change	2.32%	34.78%	-4.47%	-17.41%	94.63%	9.76%	84.96%	-2.92%
% of Gross Profit	22.94%	28.16%	39.07%	42.34%	18.06%	12.44%	29.29%	81.1%	31.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$180.9M	$128.1M	$133.4M	$153.3M	$145.3M	$88.14M	$55.63M	$43.54M	$50.13M
YoY Change	41.2%	-3.95%	-12.99%	5.5%	64.86%	58.44%	27.76%	-13.15%
% of Gross Profit	36.28%	32.28%	62.84%	74.78%	24.97%	20.31%	33.11%	132.75%	58.09%
Operating Expenses	$295.2M	$239.9M	$216.3M	$240.1M	$250.4M	$142.1M	$104.9M	$70.20M	$77.50M
YoY Change	23.08%	10.9%	-9.91%	-4.11%	76.21%	35.46%	49.43%	-9.42%
Operating Profit	$130.3M	-$2.591M	-$68.70M	-$131.2M	$221.4M	$232.7M	$24.11M	-$67.39M	-$49.10M
YoY Change	-5130.61%	-96.23%	-47.66%	-159.29%	-4.86%	864.91%	-135.78%	37.24%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$5.308M	$1.605M	$614.0K	$2.383M	$7.141M	$6.889M	$7.347M	$20.39M	$21.64M
YoY Change	230.72%	161.4%	-74.23%	-66.63%	3.66%	-6.23%	-63.96%	-5.79%
% of Operating Profit	4.07%				3.23%	2.96%	30.47%
Other Income/Expense, Net	-$14.84M	$9.977M	$259.0K	-$3.257M	-$7.858M	-$7.552M	-$8.372M	-$13.73M	-$22.14M
YoY Change	-248.75%	3752.12%	-107.95%	-58.55%	4.05%	-9.79%	-39.04%	-37.97%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$115.5M	$7.386M	-$68.44M	-$134.5M	$213.5M	$225.1M	$15.74M	-$81.12M	-$71.24M
YoY Change	1463.8%	-110.79%	-49.12%	-163.0%	-5.16%	1330.13%	-119.4%	13.87%
Income Tax	$29.87M	$5.356M	-$14.25M	-$27.48M	$50.49M	$51.26M	$3.128M	-$27.97M	-$25.39M
% Of Pretax Income	25.86%	72.52%			23.65%	22.77%	19.87%
Net Earnings	$85.63M	$2.030M	-$54.19M	-$107.0M	$163.0M	$173.9M	$12.61M	-$53.15M	-$45.85M
YoY Change	4118.42%	-103.75%	-49.37%	-165.65%	-6.24%	1278.43%	-123.73%	15.91%
Net Earnings / Revenue	5.25%	0.16%	-6.2%	-13.56%	7.94%	10.2%	1.28%	-12.16%	-8.05%
Basic Earnings Per Share	$0.76	$0.02	-$0.53	-$1.06	$1.62	$2.08	$0.17	-$1.19	-$1.31
Diluted Earnings Per Share	$0.76	$0.02	-$0.53	-$1.06	$1.57	$2.00	$0.16	-$1.19	-$1.31

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$41.10M	$99.15M	$111.9M	$68.80M	$149.0M	$132.7M	$23.90M	$133.6M	$34.30M
YoY Change	-58.55%	-11.41%	62.67%	-53.83%	12.28%	455.23%	-82.11%	289.5%
Cash & Equivalents	$33.35M	$88.86M	$111.9M	$68.80M	$149.0M	$132.7M	$23.90M	$133.6M	$34.30M
Short-Term Investments	$7.745M	$10.28M
Other Short-Term Assets	$14.99M	$8.681M	$7.049M	$12.00M	$11.90M	$7.200M	$5.800M	$11.30M	$5.300M
YoY Change	72.71%	23.15%	-41.26%	0.84%	65.28%	24.14%	-48.67%	113.21%
Inventory	$17.71M	$5.034M	$3.949M	$2.700M	$2.400M	$6.400M	$6.200M	$4.700M	$8.600M
Prepaid Expenses
Receivables	$237.0M	$215.9M	$128.1M	$84.20M	$212.2M	$203.0M	$199.7M	$115.2M	$90.30M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$310.8M	$328.8M	$251.1M	$167.7M	$375.6M	$349.3M	$235.7M	$264.8M	$138.5M
YoY Change	-5.47%	30.96%	49.71%	-55.35%	7.53%	48.2%	-10.99%	91.19%
Property, Plant & Equipment	$1.093B	$925.9M	$808.9M	$881.2M	$1.049B	$912.8M	$470.9M	$263.9M	$291.8M
YoY Change	18.07%	14.46%	-8.2%	-15.96%	14.87%	93.84%	78.44%	-9.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.116M	$1.150M	$1.269M	$1.800M	$2.600M	$3.000M	$2.700M	$2.800M	$4.700M
YoY Change	84.0%	-9.38%	-29.5%	-30.77%	-13.33%	11.11%	-3.57%	-40.43%
Total Long-Term Assets	$1.170B	$1.007B	$810.2M	$883.0M	$1.061B	$925.2M	$483.3M	$276.6M	$308.0M
YoY Change	16.14%	24.29%	-8.25%	-16.74%	14.62%	91.43%	74.73%	-10.19%
Total Assets	$1.480B	$1.336B	$1.061B	$1.051B	$1.436B	$1.275B	$719.0M	$541.4M	$446.5M
YoY Change
Accounts Payable	$161.4M	$234.3M	$152.6M	$79.20M	$193.1M	$214.5M	$211.1M	$129.1M	$87.40M
YoY Change	-31.1%	53.49%	92.74%	-58.98%	-9.98%	1.61%	63.52%	47.71%
Accrued Expenses	$92.65M	$49.88M	$21.14M	$25.00M	$37.00M	$138.3M	$16.70M	$13.70M	$7.100M
YoY Change	85.73%	136.0%	-15.46%	-32.43%	-73.25%	728.14%	21.9%	92.96%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$17.06M			$0.00	$2.800M	$0.00	$15.80M	$16.90M	$16.30M
YoY Change				-100.0%		-100.0%	-6.51%	3.68%
Total Short-Term Liabilities	$271.1M	$284.2M	$173.8M	$104.2M	$233.0M	$352.8M	$243.6M	$159.7M	$110.8M
YoY Change	-4.59%	63.52%	66.78%	-55.28%	-33.96%	44.83%	52.54%	44.13%
Long-Term Debt	$75.89M	$30.00M	$0.00	$0.00	$130.0M	$70.00M	$57.20M	$159.4M	$236.9M
YoY Change	152.95%			-100.0%	85.71%	22.38%	-64.12%	-32.71%
Other Long-Term Liabilities	$41.78M	$2.308M	$97.00K	$500.0K	$800.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	1710.23%	2279.38%	-80.6%	-37.5%	700.0%	0.0%	0.0%	0.0%
Total Long-Term Liabilities	$117.7M	$32.31M	$97.00K	$500.0K	$130.8M	$70.10M	$57.30M	$159.5M	$237.0M
YoY Change	264.2%	33207.22%	-80.6%	-99.62%	86.59%	22.34%	-64.08%	-32.7%
Total Liabilities	$481.9M	$381.8M	$234.9M	$180.0M	$466.8M	$477.2M	$305.8M	$320.4M	$376.9M
YoY Change	26.24%	62.49%	30.52%	-61.44%	-2.18%	56.05%	-4.56%	-14.99%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	113.0M shares	105.9M shares	102.7M shares	100.8M shares	100.5M shares	83.46M shares	76.37M shares	44.79M shares	34.99M shares
Diluted Shares Outstanding	113.4M shares	106.9M shares	102.7M shares	100.8M shares	103.8M shares	87.05M shares	79.58M shares	44.79M shares	34.99M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $848.14 Million

About ProPetro Holding Corp.

ProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. The company is headquartered in Midland, Texas and currently employs 2,070 full-time employees. The company went IPO on 2017-03-17. The firm is focused on hydraulic fracturing, wireline and other complementary oilfield completion services to upstream oil and gas companies engaged in the exploration and production (E&P) of North American oil and natural gas resources. Its operations are focused on the Permian Basin. The Company’s Completion Services segment includes hydraulic fracturing, cementing and wireline operations. The company owns and operates a fleet of mobile hydraulic fracturing units and other auxiliary equipment to perform fracturing services. The company provides cementing services for completion of new wells and remedial work on existing wells. The company provides wireline and ancillary services on new oil well completions in the Permian Basin. Cementing services use pressure pumping equipment to deliver a slurry of liquid cement. The company also provides wet sand solutions, catering to the needs of the oil and natural gas industry.

Industry: Oil & Gas Field Services, NEC Peers: Archrock, Inc. Bristow Group Inc. Innovex International, Inc. OCEANEERING INTERNATIONAL INC RPC INC SCHLUMBERGER LIMITED/NV Select Water Solutions, Inc. TIDEWATER INC U.S. SILICA HOLDINGS, INC.