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0 0 0 0 0.0393401015228425 0.0532994923857868 -1.12712997423874E-16 0.0824873096446699
Stock impact report

ProPetro Announces ProPWRSM Power Generation Business

ProPetro Holding Corp. (PUMP) 
Last propetro holding corp. earnings: 3/31 04:54 pm Check Earnings Report
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 a new subsidiary, ProPetro Energy Solutions, LLC, that will do business as ProPWRSM (pronounced as “Pro – power”) and its initial order of over 110 megawatts of mobile natural gas-fueled power generation equipment for use across multiple oilfield and industrial applications.Sam Sledge, CEO of ProPetro, stated, "We are thrilled to announce our first organic service line startup in over a decade, a testament to our willingness to innovate and draw on our entrepreneurial roots. ProPWRSM is aimed squarely at the growing power demand across the Permian Basin for both oil and gas and developing infrastructure opportunities within the market, and to create more certainty of power generation capacity for our high-performance FORCE® electric-powered hydraulic fracturing fleets. We have assembled a first-class team led by industry veterans Travis Simmering, President of ProPWRS Show less Read more
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