ProPetro HoldingPUMP
Market Cap: $764M
About: ProPetro Holding Corp is a Texas-based oilfield services company. It provides hydraulic fracturing, wireline, and other complementary services to oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. The company focused on the Permian Basin. The operating segments of the company are hydraulic fracturing which generates key revenue, wireline, cementing, and coiled tubing.
Employees: 2,070
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
181% more call options, than puts
Call options by funds: $783K | Put options by funds: $279K
45% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 29
6% more funds holding
Funds holding: 205 [Q1] → 218 (+13) [Q2]
6% more capital invested
Capital invested by funds: $708M [Q1] → $752M (+$43.6M) [Q2]
0.47% less ownership
Funds ownership: 81.48% [Q1] → 81.01% (-0.47%) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 72
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 64%upside $12 | Buy Maintained | 16 Jul 2024 |