ProPetro Holding Corp. — Third Quarter 2026 Earnings Summary

ProPetro Holding Corp. reported third-quarter 2026 total revenue of $355 million, a 16% increase from the prior quarter, driven by higher utilization in its completions business and incremental deployments in its PROPWR power generation segment. The company achieved net income of $13 million, or $0.09 per diluted share, compared to a net loss of $8 million in the second quarter, while Adjusted EBITDA rose 33% to $60 million. PROPWR generated approximately $8 million in Adjusted EBITDA and expanded its contracted power generation capacity to roughly 510 megawatts, including a new agreement with Targa for 230 megawatts. Capital expenditures incurred totaled $171 million for the quarter, with the company guiding full-year 2026 capital expenditures to be between $525 million and $575 million.