ProPetro Holding Corp. (PUMP) company profile
Close on Nov 12, 2026Market cap $907.95MP/E –Yield –
About ProPetro
Oil & Gas Field Services, NEC, SIC 1389
The company is an integrated energy service provider that operates through four reportable business segments: Hydraulic Fracturing, Wireline, Cementing, and Power Generation. It offers multi-stage hydraulic fracturing, wireline perforating, pumpdown services, downhole cementing, and wet sand logistics. Through its PROPWR subsidiary, the firm also delivers turnkey, mobile natural gas-fueled power generation and battery storage solutions. Its primary customer base consists of North American exploration and production companies developing oil and natural gas resources, along with non-oil and gas clients such as data centers and general industrial facilities requiring on-site electrical power.
Headquartered in Midland, Texas, the company concentrates its field operations within the Permian Basin, serving both the Midland and Delaware sub-basins across Texas and New Mexico. Operational assets include 1,259,500 hydraulic horsepower across conventional Tier II, Tier IV dual-fuel, and electric-powered fleets, alongside 28 wireline units, 29 cementing units, and approximately 550 megawatts of mobile power generation capacity under equipment arrangements.
Summary of the business section of ProPetro's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ProPetro Holding Corp.
- Headquarters
- Midland, TX
- Address
- P.O. Box 873 79702
- Phone
- (432) 688-0012
- Website
- propetroservices.com
- Employees
- 1,700, Dec 31, 2025
- Industry
- Oil & Gas Field Services, NEC
- Incorporated in
- Texas
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Houston, Texas
Stock & identifiers
- Ticker
- PUMP
- Exchange
- NYSE
- IPO date
- Mar 20, 2017
- Shares outstanding
- 123M, Oct 23, 2026
- Public float
- $513.60M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1680247
- CUSIP
- 74347M108
- ISIN
- US74347M1080
- FIGI
- BBG00FYCQ352
- Share class FIGI
- BBG00FYCQ3Y0
- LEI
- 254900RBXU2DAMHEX195
- EIN
- 26-3685382
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Samuel D. Sledge | Chief Executive Officer, Director | 649,336 |
| Caleb Lyle Weatherl | Chief Financial Officer | 29,338 |
| Celina A. Davila | Chief Accounting Officer | 33,199 |
| Adam Munoz | President and COO | 148,691 |
| William Michael Wood | Sr Vice President - Operations | – |
| Shelby Kyle Fietz | Chief Commercial Officer | 233,901 |
| John J. Mitchell | Gen. Counsel & Corp. Secretary | 118,396 |
| Kyle Bradford Crowley | Director | – |
| G. Larry Lawrence | Director | 28,181 |
| Phillip A. Gobe | Director | 220,865 |
| Michele Vion | Director | 73,210 |
| Anthony James Best | Director | 139,120 |
| Mark Stephen Berg | Director | 56,909 |
| Mary P. Ricciardello | Director | 70,865 |
| Spencer D. Armour III | Director | 145,272 |
| Jack B. Moore | Director | 117,091 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $6.54M | $7.64M | $1.89M | $129 | $124 |
| FY2024 | $5.99M | $8.36M | $2.45M | $83 | $96 |
| FY2023 | $5.79M | $3.20M | $2.89M | $74 | $106 |
| FY2022 | $5.03M | $3.10M | $6.28M | $92 | $153 |
| FY2021 Phillip Gobe | $6.86M | $5.19M | $2.46M | $72 | $80 |
| FY2021 Samuel Sledge | $3.16M | $3.00M | $2.46M | $72 | $80 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Samuel D. Sledge Chief Executive Officer | $975.00K | $4.39M | $1.14M | $35.80K | $6.54M | +9% |
| Caleb L. Weatherl Chief Financial Officer | $245.96K | $1.01M | $229.00K | $57.99K | $1.55M | – |
| Adam Muñoz President and Chief Operating Officer | $612.00K | $1.95M | $613.20K | $67.62K | $3.24M | -2% |
| Shelby Fietz Chief Commercial Officer | $505.00K | $975.88K | $478.15K | $62.31K | $2.02M | +3% |
| John J. “Jody” Mitchell General Counsel | $500.00K | $975.88K | $473.40K | $53.54K | $2.00M | +8% |
| Celina A. Davila Former Interim Principal Financial Officer | $320.00K | $179.34K | $301.80K | $52.13K | $853.28K | – |
| David S. Schorlemer Former Chief Financial Officer | $91.73K | – | – | $1.61M | $1.70M | -36% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Mar 20, 2017
- Offer price
- $14.00
- Securities offered
- 25,000,000
- Gross proceeds
- $350.00M
- Exchange
- NYSE
- First trading day
- Mar 17, 2017
- First-day close
- $14.50+3.6%
- Lock-up ends (est.)
- Sep 13, 2017
“The initial public offering price is $14.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 1,700 people , and n one of our employees are represented by a union.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 20, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 1, 2024 | Late filing | Notification of late filing |
| Mar 1, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 2, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 11, 2020 | Late filing | Notification of late filing |
| Apr 14, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 24, 2020 | Late filing | Notification of late filing |
| Nov 13, 2019 | Late filing | Notification of late filing |
| Oct 9, 2019 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 16, 2019 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 8, 2019 | Late filing | Notification of late filing |
| Jan 2, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 20, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 16, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
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