ProPetro Holding Slides After 2Q Loss Widens, Cut to Full-Year Capex Guidance

Dow Jones
Jul 31, 2025
 

By Natalie Weger

 

Shares of ProPetro Holding slipped after the company lowered its full-year capital-expenditure guidance and posted a wider second-quarter loss.

The stock fell 14%, at $5.43, midday Wednesday and about 42% so far this year.

The oilfield-services company said it expects full-year 2025 incurred capital expenditure to be between $270 million and $310 million, down 9% from the midpoint of its prior guidance.

ProPetro posted a second-quarter net loss of $7.2 million, or 7 cents a share, compared with a loss of $3.7 million, or 3 cents a share, the year before.

The Midland, Texas, company's revenue decreased to $326.2 million compared with $357 million the year earlier. Analysts polled by FactSet expected $330.5 million.

 

Write to Natalie Weger at natalie.weger@wsj.com

 

(END) Dow Jones Newswires

July 30, 2025 12:33 ET (16:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10