Overview

* ProPetro Q2 2025 revenue falls 9% and misses analyst expectations

* Company reports net loss of $7 mln, contrasting prior qtr profit

* Adjusted EBITDA for Q2 misses estimates, reflecting fleet transition costs

Outlook

* ProPetro ( PUMP ) anticipates full-year 2025 capital expenditures between $270 mln and $310 mln

* Company expects completions business capex to be $100 mln to $140 mln

* ProPetro plans to operate 10 to 11 active frac fleets in Q3 2025

Result Drivers

* LOWER UTILIZATION - Revenue decline attributed to lower utilization and weather impacts across service lines

* IDLE FLEETS - ProPetro ( PUMP ) chose to idle certain fleets to avoid sub-economic operations, impacting revenue

* MARKET UNCERTAINTY - Increased market uncertainty and idle frac capacity affected company performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $326 mln $330.70

Revenue mln (5

Analysts

)

Q2 EPS -$0.07

Q2 Net -$7.16

Income mln

Q2 Miss $50 mln $60.10

Adjusted mln (7

EBITDA Analysts

)

Q2 Capex $37 mln

Q2 EBIT -$3.17

mln

Q2 -$4.78

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil related services and equipment peer group is "buy"

* Wall Street's median 12-month price target for ProPetro Holding Corp ( PUMP ) is $8.00, about 20.8% above its July 29 closing price of $6.34

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)