ProPetro HoldingPUMP
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 Q3 regulatory filings by fund managers ($100M+ AUM)
1.09% more ownership
Funds ownership: 82.73% [Q2] → 83.81% (+1.09%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
1% less funds holding
Funds holding: 219 [Q2] → 216 (-3) [Q3]
13% less capital invested
Capital invested by funds: $768M [Q2] → $669M (-$99M) [Q3]
24% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 85
29% less call options, than puts
Call options by funds: $356K | Put options by funds: $502K
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
JP Morgan Arun Jayaram 41% 1-year accuracy 11 / 27 met price target | 14%upside $10 | Neutral Upgraded | 6 Dec 2024 |
Citigroup Scott Gruber 41% 1-year accuracy 27 / 66 met price target | 8%downside $8 | Neutral Maintained | 31 Oct 2024 |
Barclays David Anderson 43% 1-year accuracy 34 / 80 met price target | 37%upside $12 | Overweight Maintained | 16 Oct 2024 |
Stifel Stephen Gengaro 50% 1-year accuracy 41 / 82 met price target | 26%upside $11 | Buy Maintained | 11 Oct 2024 |
Financial journalist opinion
Based on 10 articles about PUMP published over the past 30 days
