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ProPetro Unit Awarded 10-Year Contract to Provide 80 MW of Power Capacity; Shares Up Pre-Bell
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ProPetro Unit Awarded 10-Year Contract to Provide 80 MW of Power Capacity; Shares Up Pre-Bell
May 26, 2025 10:48 AM

08:07 AM EDT, 05/20/2025 (MT Newswires) -- ProPetro ( PUMP ) shares were up premarket Tuesday after the company said its PROPWR unit was awarded a 10-year contract to provide 80 megawatts of power generation capacity to an unnamed oil and gas exploration and production company.

Financial terms weren't disclosed.

The company said it will begin deploying the power generation assets in Q3.

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