ProPetro Holding Corp. Announces Growth Targets for PROPWR Capacity Through 2028
ProPetro Holding Corp. (PUMP) reported a strong third quarter, characterized by increased revenue, net income, and adjusted EBITDA across its completions and PROPWR business segments. CEO Sam Sledge highlighted the company's solid financial performance during the period. Driven by high demand and a sold-out completions fleet, the company has set ambitious capacity targets for its PROPWR division. ProPetro aims to deploy 250-275 MW of capacity by the end of 2026, with plans to scale beyond 500 MW by early 2028.
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