ProPetro Announces Director and Management Compensation Reductions
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
Company Research
Source: Business Wire
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) today announced compensation reductions for its board of directors as well as certain members of management.In response to recent developments that have negatively affected the outlook for activity, the Company’s board of directors, executives and officers have voluntarily elected to reduce compensation at different levels up to 20%. The Company also continues to evaluate additional strategic actions that will positively benefit the cost structure of ProPetro.Phillip Gobe, Chief Executive Officer, commented, “With the uncertainty that currently faces our company and our sector, our leadership team will continue to focus on taking actions to protect our capital structure while promoting safety and operational excellence. We believe our Permian focus coupled with our first in class operating team, blue-chip customer base, and strong financial position will allow ProPetro to manage thro
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PUMP
Earnings
- 10/30/24 - Miss
PUMP
Sec Filings
- 12/19/24 - Form 8-K
- 12/10/24 - Form 8-K
- 11/27/24 - Form 4
- PUMP's page on the SEC website