ProPetro awarded ‘Buy' rating in initial coverage from Bank of America [Yahoo! Finance]
ProPetro Holding Corp. (PUMP)
Last propetro holding corp. earnings: 3/31 04:54 pm
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US:NASDAQ Investor Relations:
ir.propetroservices.com
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Source: Yahoo! Finance
Bank of America has initiated coverage on ProPetro (NYSE:PUMP) with a 'Buy' rating and a price objective of $18, citing a combination of cyclical recovery in oilfield services and longer-term growth in power infrastructure. Shares of ProPetro traded up almost 3% at $15 on Monday afternoon. The bank's analysts believe ProPetro is well placed for a recovery in hydraulic fracturing, or “Completions,” activity after a weak period expected to bottom in 2026. At the same time, Bank of America expects a turning point described as an “inflection,” in the company's PROPWR business beginning in the second half of 2026. This segment focuses on providing power generation and related infrastructure, including for oil and gas operations and data centers. The analysts expect this combination to reshape the company's earnings profile over time. While ProPetro currently generates all of its earnings from Completions, Bank of America forecasts that by 2030 roughly 39% of adjusted EBITDA could
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News
- ProPetro, Golar LNG, Seadrill, TETRA Technologies, and NESR Stocks Trade Up, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- ProPetro (PUMP) is now covered by Bank of America Corporation. They set a "buy" rating and a $18.00 price target on the stock.MarketBeat
- Assessing ProPetro (PUMP) Valuation As Recent Momentum Meets Conflicting Fair Value Signals [Yahoo! Finance]Yahoo! Finance
- Does ProPetro (PUMP) Turn Geopolitical Oil Shocks Into An Edge With Next-Gen Fleets And Contracts? [Yahoo! Finance]Yahoo! Finance
- ProPetro (PUMP) Stock Trades Up, Here Is Why [Yahoo! Finance]Yahoo! Finance
PUMP
Earnings
- 2/18/26 - Beat
PUMP
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/5/26 - Form 4
- 3/5/26 - Form 4
- PUMP's page on the SEC website