Shares of ProPetro Holding Corp. (NYSE: PUMP) soared 6.85% in pre-market trading on Wednesday following the release of its third-quarter financial results for 2025. The oilfield services company managed to beat analyst expectations on key metrics, despite facing some challenges in the industry.

ProPetro reported a quarterly loss of $(0.02) per share, significantly outperforming the analyst consensus estimate of $(0.09). This represents a 77.01% beat on earnings expectations, although it marks a decrease from the $0.12 per share earnings reported in the same period last year. The company's revenue for Q3 came in at $294 million, surpassing the analyst estimates of $275.7 million by 7.39%. However, this figure still represents an 18.55% decrease compared to the $360.868 million in sales reported for the same quarter in the previous year.

While the company's adjusted EBITDA of $35 million fell short of the $39.4 million estimated by analysts, investors appear to be focusing on the better-than-expected top and bottom-line results. The positive reception of these financial results, particularly the narrower-than-expected loss and revenue beat, seems to be driving the stock's pre-market rally. As the energy sector continues to navigate challenges, ProPetro's ability to exceed expectations in key areas may be seen as a sign of resilience and effective management in a difficult market environment.